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Walmart Continues its March into Fintech with New Ribbit Capital Partnership

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Walmart issued a late day press release on Monday, 1/11/21, in tandem with Ribbit Capital, that the two firms were announcing the creation - or should I say co-creation - of a new fintech start up. The new firm, which is yet unnamed (the fintech formerly known as symbol?), will be "designed to develop and offer modern, innovative and affordable financial solutions", according to the announcement.
Press Release 1

INX Management Joined By Former Playtech CMO And M1 Finance Compliance Officer

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INX Limited, the blockchain-based platform for trading digital securities and cryptocurrencies in accordance with SEC, FINRA and EU regulations, announced the appointment of Itai Avneri as Chief Operating Officer (COO) and Jon Rios as Chief Compliance Officer (CCO).

Gold Payment Fintech Coro Global Inc Appoints Founder David Dorr as CEO

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Coro Global Inc. (OTCQB: CGLO), the fintech company behind the new payment app where gold can be used as money, announced today that it had appointed David Dorr as Director, President, and Chief Executive Officer of the Company.

Top 5 VC Deals of the Week in the Digital Wealth Sector (1/13/21)

Fintech venture deals surged in the first and second weeks of January, with several mega-deals occurring in the US offshore. India, Germany and the Philippines each saw deals closing in excess of $100M USD within the fintech sector and two US deals rounded out the top 5 for this past week.

Fintech Job Market Holds Steady, with Shortages of Mid-and Senior-Level Talent

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London-based Computerweekly.com is reporting that fintech- and payment-sector related jobs bounced back significantly after a brief drop-off after the initial Covid 19 lockdowns.

2020, that’s all ya got? 2021, BRING..IT..ON!!!

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Welcome to our latest edition of Digital Wealth News™! We thought we'd have some fun this week and pop you with an amusing and unexpected twist (and photo) with our Publisher's Notes for the New Year!

Top 5 VC Deals of the Week in the Digital Wealth Sector (1/6/21)

With the holidays, closings of deals the last week were a little "shy" but we did see activity the week leading up to Christmas, and since we did a 2020 trend piece on the fintech venture sector last week, we thought we'd reach back a little further than usual for this week's "weekly" report.
Press Release 2

AvidXchange acquires Core Associates to become a leader in accounts payable automation for the...

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AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, has acquired Core Associates, the makers of TimberScan and complementary AP solutions trusted by more than 30,000 users nationwide
Press Release 1

Exclusive 2020 Holiday Season Data from PingPong Reveals Cross-Border E-Commerce Takeover

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The e-commerce sector has been the biggest winner from the pandemic. Exclusive data released today from cross-border payment specialist PingPong has shown strong global growth at the end of a year that has seen Covid-19 permanently shift consumer spending patterns from offline to online.
Press Release 1

LifeRaft Launches to Build a Reliable Health Expense Safety Net Designed for Real Life

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LifeRaft, a new insuretech company that makes simple, flexible and cost-effective supplemental health insurance products, came out of stealth mode today and launched its platform to offer people supplemental health options and solutions designed for real life. LifeRaft is building products that sit alongside a subscriber’s traditional health plan to help policy holders see the doctors they need, access the most appropriate treatments and make medical care more affordable.