Author: Lucas Peterson
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Introducing FinTech Influencer And Entopreuner Daniel Newman!
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Daniel Newman (LinkedIn) is a founding partner and the principal analyst at Futurum Research and CEO of Broadsuite Media Group. He lives his life at the intersection of people and technology, working with the world’s largest technology brands to explore digital transformation and its impact on the enterprise. From Big…
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J.P. Morgan Invests In Swiss WealthTech Companies!
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J.P. Morgan’s private bank is investing in two Swiss fintech companies. The goal is to personalize investment advice for private clients further. The private bank of the central US bank J.P. Morgan is investing in two Swiss fintech companies. The investment will be made through an affiliate of J.P. Morgan…
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Epstein Accusers Sue JP Morgan And Deutsche Bank, Claiming Banks Profited From Sex Trafficking!
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Two anonymous women accusing the late Jeffrey Epstein of sexual abuse have filed separate civil lawsuits against JP Morgan Chase & Co. and Deutsche Bank AG, claiming the significant banks facilitated and financially benefited from Epstein’s alleged sex trafficking.
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Argentine PayTech Startup Pomelo Extends Series A!
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Argentine PayTech startup Pomelo (website) has extended its Series A funding round by $15 million, increasing its valuation by 50% over the past nine months. The investment capital was provided by existing Pomelo backers Monashees, Index, Insight, Alter Global, Box Group, Clocktower, Latitud, SciFi, and Zinal. The funds will help…
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EU Disgraces Itself With An Interactive Online Party!
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Around €387,000 in costs, five visitors at the online party on 29 November 2022. It was part of an EU-funded initiative called Global Gateway. This was reported by the magazine Devex (via Politico), whose editor attended the party himself. In addition to him, at least some of the other visitors…
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IShowSpeed Crypto Scam Allegations Explained!
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Darren Watkins Jr., also known as IShowSpeed, is a popular YouTuber who has come under a lot of scrutiny in the last few weeks. Things worsened when he found himself in the middle of an alleged crypto scam. He was promoting Paradox.coin, a crypto scheme. He was giving away PlayStation…
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German BaFin Exposes Deficiencies At Online Broker FlatexDEGIRO!
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Bad news from Frankfurt-based online broker FlatexDEGIRO: BafFn has conducted a special audit and found deficiencies in the organization and corporate governance, as the SDax company announced. The regulator ordered the broker to implement a proper organization and increase the capital. The day-to-day business is weak. The company significantly reduced its…
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Indian Police Arrest Two People Suspected Of Defrauding 1,400 Investors In An Alleged $12 Million Crypto Scam!
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Police in the western Indian state of Maharashtra have arrested two suspected of running a crypto scam that allegedly bilked more than 1,400 investors out of between $6 million and $12 million. So far, 24 investors have come forward claiming they were scammed out of $55,000. The arrests were made…
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FinTech Yokoy Brings In The Chief Revenue Officer From Asana!
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Swiss expense management startup Yokoy is expanding its leadership, bringing Simon O’Kane into the company. In spring, Yokoy had raised $80 million for further growth, including from prominent backer Sequoia.
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SNB Vice President: “Cash Is Not A Given!”
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At a time when cash is being used less and less, and large banknotes, in particular, are increasingly being phased out, the Swiss National Bank is standing firm. SNB Vice President Martin Schlegel sees an essential function for this “traditional form” of transaction and store of value.