SEC charges two men for allegedly misleading consumers with sales of securities
The US Securities and Exchange Commission (SEC) has charged two men and their Cayman Islands-based company for unregistered sales of over $30m of securities through smart contracts and decentralised finance (DeFi) technology.
BKN301 rakes in €15m Series A financing
BKN301, a startup in the payments and BaaS space, has bagged €15m in a Series A funding round headed by Abalone Group.
Magna Finance picks insurance-focused payment provider Input 1’s services
Input 1 is a digital billing and payments provider to the insurance industry. Now it has been picked by Magna Finance to provide its digital cloud platform for its insurance premium finance business.
GoCardless appoints Jolawn Victor as Chief Growth Officer
GoCardless, a prominent bank payment company, has recently appointed Jolawn Victor as its Chief Growth Officer.
Backbase partners Atomic to bolster Engagement Banking Platform
Backbase has announced a strategic collaboration with Atomic in a bid to empower financial institutions to offer their customers seamless direct deposit switching during account setup and efficient confirmation of income and employment details during loan processes.
FalconX bolsters unicorn status with $210m Series C
Cryptocurrency financial services platform FalconX has lifted its valuation to $3.75bn following a $210m capital raise in its Series C.
AFR deploys Verisk’s solution to streamline claims
American Farmers & Ranchers Mutual Insurance Company (AFR Insurance) has adopted global data analytics provider Verisk’s property claims-handling solutions, as part of its efforts to improve claims handling workflows.
Subway serves up new partnership with FinTech Adyen to its North American franchisees
Global PayTech company Adyen has been picked as Subway’s new payment partner in North America.
GB Bank’s expansion plans accelerate with £85m investment injection
GB Bank, a key player in property project funding for SME developers and investors, has secured £85m in additional capital.
64% of investors cite financial returns as sustainable investing drive
The latest report by global investment manager Schroders unveils a decisive turn in the realm of sustainable investing.
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