investments - FinTecBuzz

SoftBank Vision Fund 2 leads $122m Series C funding

September 27, 20219 min

DICE, the fast growing music discovery and events ticketing platform, today announced it has raised up to $122 million in Series C funding. The round was led by new investor, SoftBank Vision Fund 21, with follow on investments from Tony Fadell’s Future Shape, Blisce, French entrepreneur Xavier Niel, Mirabaud Private Equity, Cassius and Evolution.2 Since being founded in 2014, DICE has focused on remedying the opaque world of ticketing with its transparent ‘fan-first’ model and a mobile-first platform that has...

by PRNewswire

Banking

Foresight Research: Consumer Resistance to Banking AI

September 22, 20214 min

Few banks are disclosing the number of AI users that engage with their chatbots. Why? Bank of America reported about 20 million or about 30% of their customers arere using ERICA – their chatbot. ERICA has been in use for about 4 years, So, Foresight Research wondered about consumer resistance to AI and chatbots and surveyed 400 consumers of banking products and services to find out the resistance to AI in 10 Southeast and Midwest...

by BusinessWire

Crypto Currencies

Cryptex – an Cryptocurrency Exchange Has Updated Its Blog Structure

September 21, 20212 min

The blog is now divided into several sections, which include articles about cryptocurrencies, investments and trading, general information on cryptocurrencies and blockchain, tools and technologies, as well as news and forecasts. “Our blog is more aimed at newbies who have a desire to get closer to the cryptocurrency market, to learn how certain mechanisms work. The material does not claim to be unique, but claims to be reliable in the areas where this reliability can be achieved....

by BusinessWire

Payments

SpotOn Raises $300 Million in Series E Funding

September 14, 20217 min

SpotOn also announces the acquisition of Appetize, extending its coverage to include small, midsize, and enterprise retail, restaurant, sports, entertainment and hospitality businesses in the United States Appetize will go to market as SpotOn and will be sharply focused on serving and growing its enterprise client base, such as Live Nation, LSU, Dodger Stadium, and Urban Air With the acquisition, SpotOn will bring enterprise-scale software capabilities to small business clients, and customer engagement technology such...

by BusinessWire

Financial Software

Skeps announces $9.5M Series A Funding

September 2, 20213 min

Skeps’ technology has been helping merchants and lenders offer credit solutions for their customers with the highest likelihood of conversion for over three years

by BusinessWire

Payments

Payment Company Mogo Reports Second Quarter 2021 Financial Results

August 12, 202116 min

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced its financial and operational results for the second quarter ended June 30, 2021. Second Quarter Financial Highlights (All comparisons are relative to the three-month period ended June 30, 2020 unless otherwise stated) Revenue increased 29% to $13.7 million. Subscription and services revenue growth accelerated, up 81% year over year to a record $8.2 million (60% of total revenue). Record...

by BusinessWire

Financial Software

FIS Named to Fast Company’s 2021

August 5, 20213 min

FIS is one of 100 companies on the Fast Company list which recognizes companies that successfully foster innovation. Financial technology leader FIS® (NYSE: FIS) announced today that it has been named to Fast Company Magazine’s 2021 Best Workplaces for Innovators list. Fast Company’s annual Best Workplaces for Innovators recognizes companies that are successfully fostering cultures of innovation by empowering employees to improve processes, create new products and invent new ways of doing business. FIS is one of just 100...

by BusinessWire

Investments

OGIG Hosting Giant Birthday Big Tech Event

August 4, 202113 min

O’Shares ETFs is proud to announce that OGIG is celebrating it’s 3-year anniversary, a performance track record of 30.81% annualized (through 6/30/2021) and growth to nearly $700 million. In 2020, OGIG performance of +107% made it one of the top performing ETFs of the year. CEO, Connor O’Brien had this to say: “OGIG’s performance reflects a portfolio of large cap e-commerce and internet companies, driven by innovation, and selected for strong revenue growth. OGIG was...

by PRNewswire

Crypto Currencies

Data Shows The Majority of Bitcoin is Held at a Profit

July 16, 20214 min

If You’ve Lost Money Investing on Bitcoin or Ethereum, You May Be a Bad Investor On-chain data collected from glassnode shows that 70% of Bitcoin’s supply is held in profit, despite the sharp downturn in the cryptocurrency markets. What’s more, about 80% of Ethereum’s supply is held in profit. If you’ve lost money investing in cryptocurrency, you may be in the minority of investors. Benzinga, a fintech media company providing news and data to retail...

by PRNewswire

Asset Management

Digital Asset Exchange Binaryx Launches Tokenization Platform

July 6, 20214 min

Now Binaryx Customers Can Convert Their Real Asset Values Into Tokens and List Them on Exchange via a Single Platform Binaryx, European digital asset exchange, announces the launch of its next-generation tokenization platform, empowering small and medium businesses to tokenize their assets to attract investments. Binaryx gains a competitive edge by combining digital asset exchange capabilities and asset tokenization services within a single platform. “We want to help small and medium businesses that have gone...

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