Financial technology

DefenseStorm Secures $12M in Series B Capital Raise

Tuesday, November 24, 2020 - 3:38pm

Georgian, a fintech investing in high growth technology companies, led the round, with participation from TTV Capital.

Key Points: 
  • Georgian, a fintech investing in high growth technology companies, led the round, with participation from TTV Capital.
  • Founded in 2014, DefenseStorm unifies detection, investigation, resolution and reporting into a single system of record to deliver real-time cyberthreat exposure and safety.
  • DefenseStorm has also secured $7M in growth capital financing from CIBC Innovation Banking.
  • Thanks to the support of Georgian, TTV Capital and CIBC Innovation Banking, DefenseStorm is poised for another incredible growth period, said Steve Soukup, chief executive officer of DefenseStorm.

Payment Alliance International Adds Bitcoin to Cash Capabilities

Tuesday, November 24, 2020 - 3:12pm

Payment Alliance International ( PAI ), the U.S. leader in ATM portfolio management tools and services, today announced it has entered into a strategic partnership with B4U Financial to better serve liquidity needs of the fast-growing cryptocurrency market.

Key Points: 
  • Payment Alliance International ( PAI ), the U.S. leader in ATM portfolio management tools and services, today announced it has entered into a strategic partnership with B4U Financial to better serve liquidity needs of the fast-growing cryptocurrency market.
  • PAIs nationwide fleet of ATMs will be equipped with BitLoad4U (B4U) capabilities, including the ability to redeem bitcoin for cash at ATMs using any cryptocurrency mobile wallet.
  • View the full release here: https://www.businesswire.com/news/home/20201124005341/en/
    Cryptocurrency is gaining traction in the United States and globally, said PAI CEO David Dove.
  • We are excited to partner with B4U Financial to be able to offer the convenience of bitcoin to cash conversion capabilities at our ATMs located nationwide, added Dove.

After Being Granted 2 Additional Money Transmitter Licenses, Gold Payment App CORO Can Now Operate in 19 U.S. States and District of Columbia

Tuesday, November 24, 2020 - 2:30pm

Coro Global Inc .s (OTCQB: CGLO) gold payment app CORO can now operate in 19 U.S. states and District of Columbia, after the subsidiary Coro Corp. was granted Money Transmitter licenses in New Hampshire and Oklahoma, as it aims to democratize access to gold in the United States and beyond.

Key Points: 
  • Coro Global Inc .s (OTCQB: CGLO) gold payment app CORO can now operate in 19 U.S. states and District of Columbia, after the subsidiary Coro Corp. was granted Money Transmitter licenses in New Hampshire and Oklahoma, as it aims to democratize access to gold in the United States and beyond.
  • CORO is a mobile payment app that allows customers to exchange, send and save gold and dollars easily and securely.
  • The company is now onboarding residents of 20 U.S. states, and intends to expand availability of its gold payment app across the country over the coming months.
  • Coro Global is a Miami, Florida-based fintech with a mission to create a more sustainable global financial system by enabling access to the most resilient form of money: gold.

Transposit Expands Executive Bench with VP of Engineering

Tuesday, November 24, 2020 - 2:00pm

Transposit , the data-driven DevOps automation company, today announced that Bill Scott joined as Vice President of Engineering.

Key Points: 
  • Transposit , the data-driven DevOps automation company, today announced that Bill Scott joined as Vice President of Engineering.
  • A seasoned product, design, and technology executive, Scott will oversee the engineering team and help ensure that Transposits engineering systems are scalable, reliable, and continue to meet customer needs.
  • He was concurrently Venmo's CTO, PayPals VP of Consumer Engineering, VP of Identity Product and Engineering, and VP of NextGen Commerce.
  • Prior to those roles, Scott was VP of Merchant Engineering and VP of User Interface Engineering at PayPal.

The Giving Block's Bitcoin Tuesday 2020 Sees 1,000% Growth in Nonprofits Accepting Cryptocurrency Donations

Tuesday, November 24, 2020 - 2:00pm

WASHINGTON, Nov. 24, 2020 /PRNewswire-PRWeb/ -- The Giving Block , the cryptocurrency donations company, is launching Bitcoin Tuesday on December 1, a fundraising campaign aiming to recreate the magic of the 2017 "Pineapple Fund."

Key Points: 
  • WASHINGTON, Nov. 24, 2020 /PRNewswire-PRWeb/ -- The Giving Block , the cryptocurrency donations company, is launching Bitcoin Tuesday on December 1, a fundraising campaign aiming to recreate the magic of the 2017 "Pineapple Fund."
  • This year, over 120 nonprofits have joined the movement, backed by an A-Team of crypto companies supporting this day of generosity and crypto adoption.
  • On top of that, they will match the first $20,000 in cryptocurrency donations made to nonprofits via The Giving Block.
  • To join the campaign as a partner or to coordinate a major cryptocurrency donation, contact The Giving Block at info@thegivingblock.com .

John Weisel Joins ZRG as Global Leader of Executive Search Firm’s Professional and Technology Services Practice

Tuesday, November 24, 2020 - 1:58pm

NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- ZRG, the fastest growing executive search firm, announced today that global industry leader John Weisel has joined the firm to be the Global Leader of its Professional and Technology Services Practice.

Key Points: 
  • NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- ZRG, the fastest growing executive search firm, announced today that global industry leader John Weisel has joined the firm to be the Global Leader of its Professional and Technology Services Practice.
  • ZRGs Professional and Technology Services Practice has specific industry expertise in Agricultural Technology (AgTech); Artificial Intelligence (AI)/Machine Learning and Data Analytics; Financial Technology (FinTech) and Blockchain; Cybersecurity; Educational Technology (EdTech); HealthTech and Life Sciences; and IoT and Smart Home Technology.
  • At EY, he served as the Americas Leader of the Advisory Services Connected Growth Platform and as the Global Banking and Capital Markets Sector Leader for the firm.
  • John will be focused on the management consulting, business services, and technology services sectors across all industries.

Research Study Reveals Major Shift Online for Canadian Financial Industry

Tuesday, November 24, 2020 - 12:15pm

Fintech adoption on the rise as more consumers shift online for financial products.

Key Points: 
  • Fintech adoption on the rise as more consumers shift online for financial products.
  • TORONTO, Nov. 24, 2020 /CNW/ -The fintech lending industry in Canada continued to evolve this year in a number of significant ways.
  • According to Smarter Loans' State of Fintech Lending in Canada 2020 Study, which gathered the feedback of 2,597 Canadian fintech lending customers, there is a fast-growing demand for digital accessibility of financial products in Canada.
  • The 3rd annual research study, published by Smarter Loans on November 24, 2020, reveals that while fintech adoption in some industries is further along than others, there is a general growing willingness in the market for digital financial products, including:

As Deposits Pass $90M HMBradley Raises $18.25M Series A to Continue Fueling Its Explosive Growth

Tuesday, November 24, 2020 - 12:00pm

HMBradley , the digital banking platform built to reward savers, today announced that it has raised $18.25 million in Series A funding based on its explosive growth.

Key Points: 
  • HMBradley , the digital banking platform built to reward savers, today announced that it has raised $18.25 million in Series A funding based on its explosive growth.
  • Funds will be used to ramp its credit program and continue expanding offerings built around consumer needs as HMBradley helps people save at an astounding rate.
  • Additionally, HMBradley is investing in growing its team with impressive talent devoted to creating the best possible customer experience.
  • Recent hires include former director of engineering at Capital One, Ben Coffman , and fintech thought leader Saira Rahman .

Kredivo Closes up to US$100m Warehouse Financing Facility with Victory Park Capital to Boost Indonesian Expansion

Tuesday, November 24, 2020 - 12:00pm

Kredivo will use the funds to grow and further diversify the funding of its loan book, all of which is 3rd party generated.

Key Points: 
  • Kredivo will use the funds to grow and further diversify the funding of its loan book, all of which is 3rd party generated.
  • We believe that the size and complexity of this facility represents major breakthroughs for Indonesia's tech and fintech ecosystem.
  • Gordon Watson, partner at VPC, said, "We look forward to our partnership with Kredivo.
  • Victory Park Capital invests in emerging and established businesses across various industries in the U.S. and abroad, who are often unable to access traditional sources of capital.

Black Friday Gaming PC Deals 2020: iBUYPOWER, CyberpowerPC, MSI & More Gaming Computer Savings Compiled by Deal Stripe

Tuesday, November 24, 2020 - 1:55am

Click here to shop the entire selection of live deals at Walmarts Black Friday sale and click here to browse Amazons live Black Friday deals.

Key Points: 
  • Click here to shop the entire selection of live deals at Walmarts Black Friday sale and click here to browse Amazons live Black Friday deals.
  • Deal Stripe earns commissions from purchases made using the links provided.
  • Despite the continued rise of mobile gaming and steady performance of console-based gaming, PC gaming still remains a significant segment of the entire industry year over year.
  • About Deal Stripe: Deal Stripe shares e-commerce and sales news.