FintechDaily – Page 218 – Fresh Dose of Fintech News

SEC Accuses Three Individuals of Insider Trading Related to Equifax Data Breach

The Securities and Exchange Commission (SEC) has filed charges against three individuals for illegally tipping and trading in Equifax securities prior to the company’s major...

Crunchbase Declares Historical Data Obsolete; Relaunches as an AI-Driven Predictions Engine

Crunchbase is undergoing a significant transformation, shifting its focus from historical company data to an AI-powered predictive intelligence platform. The goal is to help users...

Forbes Introduces 18 New Companies to Its Fintech 50 List

Forbes has unveiled its annual Fintech 50 list for the tenth consecutive year, showcasing the fastest-growing fintech companies in the sector. The list prominently features...

eToro Acquires US Options Trading App Gatsby

Social investment platform eToro is strengthening its presence in the US by finalizing a definitive agreement to acquire options trading app Gatsby for approximately $50...

Asset Manager Introduces Fund Focused on the Metaverse

Invesco, a global asset manager overseeing $1.6 trillion in assets, has introduced a new investment fund dedicated to the metaverse. The Invesco Metaverse Fund is...

DTCC Launches Parallel Production for Its DLT-Based Settlement Platform

The Depository Trust & Clearing Corporation (DTCC) has announced that its distributed ledger technology-based alternative settlement platform, known as Project Ion, is now operational in...

Chrysalis Investments Faces Setbacks Amid Tech Market Decline

Chrysalis Investments has reported a 22% decline in the net asset value of its fund, attributed to the revaluation of fintech companies within its portfolio....

Wombat Secures £4 Million to Accelerate Global Growth

Micro-investing firm Wombat has successfully concluded a £4 million Series A funding round aimed at supporting upcoming product launches and plans for international expansion. The...

Abu Dhabi Forms Cryptocurrency Committee

Abu Dhabi has announced the creation of a government body dedicated to developing its strategy for regulating and promoting virtual assets. The Abu Dhabi Blockchain...

Wave Financial Acquires Stake in Swiss Cryptocurrency Company

US-based digital asset manager Wave Financial has made its debut in Europe by acquiring a minority stake in Swiss crypto firm Criptonite Asset Management. This...