Embedded everything is the 2022 fall mantra. On Monday, Finastra and Jifiti announced a point of sale Buy Now Pay Later (BNPL) embedded finance partnership for financial institutions. The partnership will enable banks in the Finastra ecosystem to offer point-of-sale BNPL via merchants through Jifiti. Jeannette Kescenovitz, Sr. Director of Solution Management, BaaS & Orchestration […]
Although many in the TradFi sector feel it’s too early to hop on the DeFi bandwagon, adoption seems to be slowly taking hold. Announcements of digital assets platforms and custodial solutions litter the headlines, and increasingly surveys show an interest in DeFi development despite the downturn. The sector is seen as complicated, full of Discord […]
In one of the most significant events in the evolution of the crypto world, ethereum conducted its merge in September 2022. In its wake, speculation of skyrocketing value has been forgotten, and a divide in the community gaped open. On one side — the PoW purists believe the merge to be a destruction of the […]
I had the pleasure of sitting with Vincent Chok, CEO of First Digital, a Hong Kong-based company driving innovation in the trust industry by bridging traditional and next-generation digital asset classes. We hit topics such as what excites him about the industry, the opportunities it presents to institutions, how First Digital plays a vital role […]
Here is our pick of the 3 most important stablecoin stories during the week. The What, How and When of CBDC’s in the west. This week we decided to do a deep dive in CBDC’s and in particular the many projects facilitated by the BIS. Yes China has an extensive trail and a number of other […]
Arch, a DeFi cryptocurrency management platform based in Chile, recently announced that it had completed a $5 million seed investment round led by Digital Currency Group and Upload Ventures, the early-stage venture capital arm of SoftBank’s Latin America fund. Also participating in the round were funds such as Soma Capital, GBV, Techstars, Devlabs, Ripio Ventures, […]
Brazilian startup Cortex raised $48 million in a Series C round led by private equity fund Lightrock — a late-stage manager already invested in names like Buser, Creditas, and Dock. Softbank and Riverwood co-led the company’s previous 2020 round and participated in this round. Cortex is a SaaS (Software as a Service) platform that provides […]
Tuesday afternoon Binance CEO Changpeng Zhao took to Twitter to announce an agreement to buy FTX.com, the non-U.S. section of Sam Bankman-Fried’s FTX. “This afternoon, FTX asked for our help,” Zhao began. This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to […]
Thanks again for tuning into this week’s episode of PitchIt. I sat down with Unifimoney’s Co-Founder & CEO, Ben Soppitt. Ben Soppitt of Unifimoney Unifimoney is a multi-asset investment and money management platform that makes building and protecting your wealth effortless. It is the only fully integrated digital consumer financial solution in the US. What Unifimoney does is […]
The relevance of Mercado Libre’s fintech business became increasingly apparent in the third quarter of 2022, as revenue tied to financial initiatives nearly doubled in size over the past year. Shares of the e-commerce giant jumped 8% on Nov. 4 following the release of third-quarter results on the back of a strong performance of its […]