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Gamification can bring a level of excitement and greater engagement to financial services, but it can delude users about the risks of investing.
Genesis Global Holdco (GGH), the parent company of struggling crypto brokerage Genesis, has filed for bankruptcy protection.
Cerchia, which is on a mission to enable direct risk transfer between investors and reinsurers, has secured CHF 1.3m ($1.4m).
Bloom Impact Investing, an Australian FinTech for investing into climate impact, has reportedly secured $525,000 in its seed round.
InvestSky, a social investing platform for retail investors, has secured $3.4m in its pre-seed funding round, to support its mission of making investing more inclusive.
Bricknode, a brokerage-as-a-service platform, has secured a SEK 2.5m ($2.3m) loan from its founder and co-CEO Stefan Willebrand, co-CEO Erik Hagelin and Chairman Robert Lempka.
FTX founder Sam Bankman-Fried has reportedly pleaded not guilty to charges alleging he defrauded customers.
Flat6Labs, a seed and early-stage venture capital firm, has signed a Memorandum of Understanding (MoU) with Wio Bank, the MENA region’s first platform bank.