CIBC Innovation Banking announces growth capital financing

CIBC Innovation Banking is pleased to announce growth capital financing for DealMaker, a leading capital raising technology platform. The financing will enable the company to accelerate its growth across North America. Founded in 2018, by experienced Bay Street lawyers, Rebecca Kacaba and Matt Goldstein, DealMaker’s ambition is to modernize the shareholder issuance space, with recent successes including the Green Bay Packers issuance. “DealMaker is providing customers with a comprehensive and modern capital raising experience while maintaining...

Mercado Bitcoin partners with Stellar Development Foundation

Mercado Bitcoin, the largest exchange in Latin America, has partnered with the Stellar Development Foundation (SDF) to develop one of the nine projects selected for the LIFT Challenge Real Digital, a collaborative environment carried out by the Central Bank of Brazil (Bacen), in partnership with National Federation of Associations of Central Bank Servers (Fenasbac),  to explore use cases for a Central Bank Digital Currency (CBDC). With this announcement, SDF joins CPQD and ClearSale as part of  Mercado Bitcoin’s...

Nigeria to Launch IP Exchange Marketplace and Wallet, on Algorand

The Nigerian government has signed a 3-year exclusive IPR (intellectual property right) agreement with Developing Africa Group to launch a nation-wide wallet which will enable the international commercialization of all IP forms being created and registered within the country, both locally and internationally. In this context, the IPR exclusivity agreement consists in the government granting Developing Africa Group – a regional software development company – to build the country’s official platform for its people to...

How to Choose a Life Insurance Beneficiary

David Kanani, president of Kanani Advisory Group, shares the important considerations to keep in mind when designating a beneficiary of a life insurance policy. According to David Kanani, choosing a beneficiary can be very simple, yet very important in any account that requires it. “If one is married, unless there are very unusual circumstances, your spouse should be the beneficiary, especially if you live in a community property state,” says Kanani. This could be more...

Helix & Microsoft to Speak at the Finovate Spring Conference

Helix by Q2 (NYSE:QTWO), a cloud-native core purpose built for embedded finance, has announced today that Paul Walker, senior vice president of Revenue & Partnerships for Helix, and Roman Chwyl, Managing Director of Fintech Unicorns at Microsoft, will speak on May 20, 2022, at Finovate Spring on how fintechs are driving financial inclusion. Walker and Chwyl will discuss how the evolving business model, enabled by embedded finance, makes it profitable to serve all-income level users...

Brian Oliver Joins BlockFi as General Manager of Institutions

BlockFi, a global crypto financial services company, announced today that Brian Oliver has joined the company as General Manager of Institutions. In this role, Oliver will manage BlockFi’s Institutional business globally, which includes prime brokerage services, mining equipment-backed and crypto loans, and asset management services to clients across the traditional finance and crypto ecosystem. In his more than 20 years of experience with leading global financial institutions, Oliver has launched, built and scaled businesses across the full...

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