FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily lives.
CoinFund, a blockchain-focused investment firm shaping the global transition to digital assets and decentralized finance, today announced that Vanessa Grellet has joined the firm as its Head of Portfolio Growth. Vanessa joins CoinFund on the heels of a four-year run as an Executive Director at ConsenSys, where she helped build and solidify the organization’s position as the world’s leading Ethereum software company and investor.
Shift Technology, a SaaS provider of artificial intelligence (AI)-driven decision automation and optimization solutions for the global insurance industry, today announced the company closed a Series D investment round of $220 million. The round was led by Advent International, through Advent Tech, with participation from Avenir and others. Previous Series C participants Accel, Bessemer Venture Partners, General Catalyst, and Iris Capital also joined the round. The latest funding round brings total investment in Shift to $320 million and a market valuation of more than $1 billion. The investment will fuel the company’s execution of its vision to revolutionize the policyholder experience through wide-ranging products that apply AI and advanced data science to key insurance processes.
Credijusto, the leading technology-enabled small business lender in Mexico, announced today the acquisition of Visor, a data analytics and digital factoring platform.
Basware has added diversity data to its Supplier Management solution, allowing customers to identify minority-owned and small business suppliers within their base. The data is provided by Dun & Bradstreet’s Diversity Database, the most trusted and definitive source of diverse business information in the market today.
Gemini, a cryptocurrency platform, today announced details of its first-of-a-kind cryptocurrency rewards credit card, including a partnership with Mastercard and WebBank, a leader in digital lending and the bank issuing the credit card. Since it was first introduced in early 2021, the Gemini Credit Card has amassed more than 140,000 people on its waitlist. Gemini has teamed up with Mastercard as the exclusive card network to offer a number of innovative features for this upcoming offering