Crowdfund Insider
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Crowdfund Insider covers disruptive finance news including crowdfunding, peer-to-peer, marketplace lending, Fintech and more from around the world and a searchable directory of crowdfunding websites. It is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
Crowdfund Insider
2h ago
Robinhood (NASDAQ:HOOD) is reporting “record” revenues of $618 million, up 40% year-over-year, and GAAP Diluted EPS of $0.18 for Q1 of 2024. The modern spin on a brokerage that incorporates crypto said net deposits stood at $11.2 billion with “positive transfers from every major incumbent brokerage... Read More ..read more
Crowdfund Insider
2h ago
Volante Technologies, the global enabler of payments as a service, announced its achievement of Fedwire Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions. This certification provides Volante customers “a streamlined fourteen-week pathway to ISO 20022 compliance for their... Read More ..read more
Crowdfund Insider
4h ago
Identity firm Token Security has raised $7 million while announcing it has emerged from stealth mode. The seed round was led by TLV Partners and SNR, along with multiple angel investors, including Shlomo Kramer, who is described as a founding father of cybersecurity in Israel.... Read More ..read more
Crowdfund Insider
4h ago
Hong Kong Monetary Authority (HKMA) welcomes the pilot launch of the Shenzhen-Hong Kong cross-boundary data validation platform The Shenzhen and Hong Kong authorities announced (6 May) the pilot launch of the Shenzhen-Hong Kong cross-boundary data validation platform. The platform utilizes blockchain technology and data coding... Read More ..read more
Crowdfund Insider
4h ago
Yes Bank, a private sector bank in India, and EBANX, a global fintech company specialized in payment solutions for emerging markets, announced a strategic partnership for payment processing in India, for the global digital economy. This collaboration represents a significant milestone in the digital payments... Read More ..read more
Crowdfund Insider
5h ago
At PayPal (NASDAQ: PYPL), they claim to be focused on a goal to empower consumers and merchants worldwide to engage in the global economy, all while doing good in the world. The PayPal 2023 Global Impact Report details how their progress on their corporate sustainability... Read More ..read more
Crowdfund Insider
5h ago
Research from RedCompass Labs, a firm focused on payments modernization, has revealed that US banks are failing to meet demand for instant payments. The report, “Time to leave legacy behind? Instant payments in the US”, “surveyed 300 senior payment professionals in US banks to get... Read More ..read more
Crowdfund Insider
6h ago
SoFi (NASDAQ: SOFI) will be supporting Zelle which is being rolled out after requests from clients. Zelle is a bank-owned instant payments and transfer service that is broadly available in the banking world. SoFi states that Zelle is one of the most requested features for... Read More ..read more
Crowdfund Insider
9h ago
The Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC), has scheduled a meeting for June 6th. Topics include artificial intelligence (AI) and the ongoing discussion of investment advice. Regarding investment advice, the Committee worries that younger investors are receiving guidance from “non-traditional ways,” including... Read More ..read more
Crowdfund Insider
9h ago
Nonprofit Fintech Sandbox has received a grant of $150,000 from Global Atlantic Financial Group. Fintech Sandbox provides early-stage Fintech startups around the world with free access to datasets and infrastructure through its Data Access Residency. Global Atlantic said their support for Fintech Sandbox is because... Read More ..read more