Fintech
Brane Trust Announces Board of Directors For Alberta-Based Digital Asset Custodian
Calgary, Alberta–(Newsfile Corp. – March 1, 2022) – Brane Inc. (“Brane”), a leading independent cryptocurrency custody solutions provider, announced today the inaugural Board of Directors for Brane Trust Company Ltd. (“Brane Trust”) – a wholly owned subsidiary of Brane that, following regulatory approval, will provide regulated custody of digital assets to institutional clients such as banks, asset managers, corporations, and public sector organizations seeking to manage cryptocurrencies.
Granted letters patent in October 2021, Brane Trust is now progressing toward a certificate of registration from Alberta’s Ministry of Treasury Board and Finance that will enable the company to open for business. Brane Trust’s development is overseen by a Board of Directors that includes five distinguished, Alberta-based directors.
“The recent incorporation of Brane Trust was a significant milestone in our roadmap to provide highly secure and independent custody that keeps cryptocurrencies safe on behalf of our clients,” said Patricia McCunn-Miller, Director for Brane Trust. “While expanding into cryptocurrency services may seem like a risky and complex endeavour for institutions, we are proud to support that transition by providing a secure, flexible, and easy to use platform to manage digital assets.”
Following regulatory approval, Brane Trust will provide custody of digital assets through a comprehensive, scalable and modular solution backed by strong insurance policies and institutional-grade risk management.
“I’m proud to be working with Brane, a company that combines innovation and trust, and represents a significant investment in Alberta’s economy and tech sector,” said Stephen Buffalo, Director for Brane Trust. “We look forward to working with Alberta’s regulators and business community to build on our province’s growing reputation as a great place to do business.”
“The Brane Trust Board of Directors brings together a group of talented and experienced executives to help us build a trusted brand for digital asset custody in Alberta,” added Adam Miron, Interim CEO of Brane Inc. and Chair for both Brane and Brane Trust’s boards of directors.
Brane Trust’s directors include:
Patricia McCunn-Miller – Lawyer, energy executive and corporate director with extensive experience in regulatory and environmental, social and governance (ESG) matters, President of Blue Bridge Energy, and past member of the National Energy Board and National Roundtable on the Environment and the Economy.
Stephen Buffalo – Chair of the Alberta Indigenous Opportunities Corporation, President and CEO of the Indian Resource Council, Governor of the Canadian Energy Executives Association, Senior Fellow of the Macdonald-Laurier Institute, and former Regional Manager, Southern Alberta of Peace Hills Trust.
Nick Facey – Digital technology solutions expert, Lead, Industry Solutions with Unity Technologies, and Vice Chair of Digital Alberta.
Shree Govindarajan – Community leader and digital marketing expert at Edmonton-based Paper Leaf.
Riyaz Virani – Co-founder of acclaimed Calgary-based homebuilding and property management company Sarina Homes.
Melanie Pump, CPA, CGA – Financial management and operations executive and Chief Financial Officer for Brane Inc.
Adam Miron (Chair) – Entrepreneur, author, and Interim CEO of Brane Inc.
Detailed biographies are available on the Brane website at www.brane.ca/about/.
In the coming weeks, Brane Trust expects to announce key hires, the location of its Calgary headquarters, and further regulatory milestones.
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About Brane
Founded in 2017, Brane Inc. is a carbon neutral, independent Canadian cryptocurrency custody service provider, helping institutional clients unlock the opportunities of blockchain and digital assets. Brane Vault, its core digital asset custody technology, is third-party certified to stringent global standards including ISO 27001, ISO 27017, and NIST CSF Tier 4, and insured against theft and crime.
About Alberta’s Financial Services Sector Concierge
Alberta’s government is committed to diversifying the economy and bringing more jobs to Alberta by making it easier for financial services companies to develop new products and services and set up shop here in our province. Alberta’s Financial Services Concierge works closely with Invest Alberta to save job creators time and money by guiding them through our province’s regulatory environment and providing the information needed to operate in Alberta’s financial sector. For more information or to connect with the concierge, visit: https://investalberta.ca/financial-services-concierge/.
Forward-Looking Statements
This press release contains forward-looking information and forward-looking statements (together, “forward-looking statements”) within the meaning of applicable securities legislation, which reflect Brane’s current expectations regarding future events, including statements relating to: the ability of Brane to become carbon neutral, the ability of Brane and other market participants to reduce greenhouse gas emissions. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of words or phrases such as “create”, “continue to”, “expand”, “accelerate”, “enhancing”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” occur. Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Brane’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. All forward-looking statements made in this press release are made as of the date hereof and Brane does not undertake any obligation to update such forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
Contact Information
Welcome to Blocks & Headlines, your comprehensive daily briefing on the transformative world of blockchain. Today, we explore groundbreaking partnerships, economic innovations, and blockchain-powered initiatives redefining the future.
Sony Ventures Into Blockchain With New Identity Solutions
Sony has unveiled its latest blockchain-based digital identity solution designed to enhance privacy and security in the online space. This innovative system uses decentralized technology to manage digital credentials, making identity verification seamless and secure.
Sony’s venture reflects a broader trend among tech giants exploring blockchain’s potential to reshape data privacy and authentication systems.
Source: Sony Press Release
TRON’s Daily Revenue Skyrockets 119% in 2024
TRON has reported a staggering 119% increase in daily revenue, a testament to its innovative blockchain economic models. By leveraging smart contracts and a scalable infrastructure, TRON continues to attract developers and businesses seeking cost-efficient blockchain solutions.
This growth positions TRON as a leading player in the competitive blockchain ecosystem, setting benchmarks for others to follow.
Source: Bitcoin.com
MIGMIG Partners With XT.com to Bring Blockchain Rewards
MIGMIG, a blockchain gaming and rewards platform, has partnered with XT.com to expand its reach and user engagement. This collaboration aims to deliver unique blockchain-powered rewards while enhancing the gaming experience for users worldwide.
The partnership highlights the increasing intersection of blockchain technology and entertainment, opening new avenues for user interaction.
Source: Bitcoinist
Nano Labs Supports the Inaugural Presidential Crypto Ball
Nano Labs has announced a partnership with the Inaugural Presidential Crypto Ball, emphasizing its commitment to fostering blockchain awareness. This high-profile event aims to bridge the gap between blockchain innovators and policymakers, paving the way for broader adoption.
The initiative underscores the importance of collaboration between the blockchain community and governmental bodies to shape the future of digital assets.
Source: PR Newswire
Bybit Card Partners With EnTravel for Luxury Travel Perks
Bybit has teamed up with EnTravel to offer its cardholders exclusive discounts on luxury travel experiences. This partnership integrates blockchain-powered payment solutions with high-end travel services, providing users with unparalleled convenience and value.
The move exemplifies how blockchain technology can enhance traditional industries, offering innovative solutions tailored to modern consumer needs.
Source: PR Newswire
Key Insights and Industry Trends
- Decentralized Identity: Sony’s blockchain-based solution addresses growing concerns over online security and privacy.
- Economic Innovations: TRON’s revenue surge highlights the profitability of scalable blockchain networks.
- Gaming and Blockchain: Partnerships like MIGMIG and XT.com showcase the potential of blockchain in entertainment.
- Policy and Collaboration: Nano Labs’ involvement in the Crypto Ball underscores the importance of industry-government dialogue.
- Luxury Integration: Bybit and EnTravel demonstrate blockchain’s ability to enhance traditional services.
The post Blocks & Headlines: Today in Blockchain ( appeared first on News, Events, Advertising Options.
Fintech
Fintech Pulse: Your Daily Industry Brief (Float Financial, Alza Fintech, Thrive Capital, Stripe, Unzer, Agora Data)
Welcome to Fintech Pulse, your comprehensive daily update on the latest in financial technology. Today’s edition dives into funding rounds, leadership changes, and the evolving landscape of decentralized finance (DeFi) and fintech innovation.
Float Financial Secures $48.5 Million Series B Funding
Float Financial, a fintech startup positioned as the “Brex of Canada,” has successfully raised $48.5 million in a Series B funding round. The company aims to revolutionize financial services for small and medium-sized businesses (SMBs) across Canada, providing corporate cards and spend management solutions.
The funding will be used to expand its product offerings, invest in technology, and scale operations. With a growing demand for SMB-centric financial tools, Float is poised to challenge traditional banking systems and redefine how Canadian businesses manage their finances.
Source: TechCrunch
Alza Fintech Shuts Down Amid Industry Challenges
Alza Fintech, a promising startup backed by Thrive Capital and Stripe, has announced its closure. Known for its focus on financial inclusion for Latino communities, the company cited difficulties in scaling its operations and meeting market expectations.
This development reflects the broader challenges faced by niche fintech players in a competitive landscape. It also underscores the importance of sustainable growth strategies and robust operational frameworks in the fintech sector.
Source: Fortune
The Next Phase of DeFi: Fintechs and Exchanges Take the Lead
The decentralized finance (DeFi) space is entering a new phase, with fintech companies and exchanges taking a more active role in its evolution. Industry leaders are integrating DeFi functionalities into their platforms, making decentralized financial tools more accessible to mainstream users.
This trend highlights a shift towards a hybrid model, combining traditional financial services with decentralized technologies. Experts believe this approach could bridge the gap between conventional finance and the blockchain ecosystem, driving broader adoption of DeFi solutions.
Source: Fortune Crypto
Leadership Update: Goetz Moeller Joins Unzer as CFO
German paytech Unzer has appointed Goetz Moeller as its new Chief Financial Officer (CFO). Moeller brings extensive experience in financial management and strategic planning, having held leadership roles in prominent European financial institutions.
Unzer’s decision to strengthen its leadership team comes as the company focuses on expanding its presence in the European payments market. Moeller’s expertise is expected to drive financial discipline and support Unzer’s ambitious growth plans.
Source: Fintech Futures
Agora Data Welcomes Jeremy Beck as VP of Sales Strategy
Agora Data has named Jeremy Beck as its Vice President of Sales Strategy. With a rich background in the auto industry, Beck is set to lead Agora’s efforts to enhance its data-driven financial solutions for auto dealerships.
This strategic hire aligns with Agora’s vision to leverage big data and AI to transform auto financing. Beck’s industry expertise will play a crucial role in strengthening client relationships and driving innovation in the auto finance sector.
Source: PR Newswire
Industry Trends and Analysis
The fintech sector continues to witness rapid advancements and dynamic shifts. Key trends to watch include:
- DeFi Mainstreaming: Increased integration of decentralized finance tools into traditional platforms.
- Leadership Transitions: Strategic hires to navigate growth and market complexities.
- Niche Challenges: Survival strategies for fintechs targeting specific demographics.
- Tech-Driven Solutions: Growing emphasis on AI and big data in financial services.
- Market Expansion: Scaling operations to address regional and global opportunities.
The post Fintech Pulse: Your Daily Industry Brief (Float Financial, Alza Fintech, Thrive Capital, Stripe, Unzer, Agora Data) appeared first on News, Events, Advertising Options.
Fintech
Fintech Pulse: Your Daily Industry Brief (Orion, Envestnet, Chime, Plaid, Brex, Dave, Fincover.com)
In today’s edition of Fintech Pulse, we explore groundbreaking developments, leadership shifts, enforcement actions, and market trends that set the tone for 2025. As the fintech landscape continues its rapid evolution, these stories provide insights into the sector’s resilience and innovation.
Orion Welcomes Arun Anur as COO
Orion Advisor Solutions has announced the appointment of fintech veteran Arun Anur as Chief Operating Officer. With over two decades of experience in financial technology and operational leadership, Anur’s addition to the team is seen as a strategic move to enhance operational efficiency and scale services for financial advisors and their clients.
Anur’s extensive background includes leadership roles at firms like Envestnet and other high-profile fintech companies. He is expected to drive Orion’s growth by focusing on advanced technological solutions and client-centric strategies.
Source: Business Wire
Hiring Trends in Fintech Amid Market Volatility
Despite the challenges of a turbulent 2024, several fintech companies are actively hiring in 2025, signaling confidence in the sector’s long-term growth. Prominent names like Chime, Plaid, and Brex are expanding their teams, with a focus on engineering, compliance, and customer success roles.
Industry experts suggest that the hiring surge reflects a shift toward rebuilding trust and enhancing service delivery post-economic uncertainty. This also underscores the increasing need for robust regulatory compliance and innovative product development in a competitive market.
Source: TechCrunch
U.S. Legal Action Against Fintech App Dave
The U.S. Department of Justice has announced a civil enforcement action against fintech app Dave and its CEO, accusing them of deceptive practices that misled consumers about their overdraft services. The allegations claim that Dave misrepresented its fees and terms, potentially harming financially vulnerable users.
This case highlights the heightened scrutiny fintech companies face as regulators aim to protect consumers from predatory practices. Industry leaders are watching closely, as this could set a precedent for future enforcement actions in the sector.
Source: Reuters
Fincover.com Launches Revolutionary Fintech Marketplace
Fincover.com has unveiled a groundbreaking fintech marketplace designed to streamline access to financial services. The platform aggregates offerings from multiple providers, enabling consumers and businesses to compare and select solutions tailored to their needs.
This innovative approach aims to enhance transparency and user experience in a crowded market. With features like AI-driven recommendations and real-time updates, Fincover.com is poised to redefine how financial products are discovered and adopted.
Source: GlobeNewswire
Singapore Leads SEA Fintech Funding with $995M in 2024
Singapore solidified its position as Southeast Asia’s fintech hub by securing $995 million in funding in 2024. This impressive figure highlights the city-state’s ability to attract global investors, thanks to its robust regulatory framework and supportive ecosystem.
Key areas of investment include digital payments, blockchain solutions, and insurtech. Analysts predict that Singapore’s leadership in fintech funding will continue to drive innovation and regional growth in the coming years.
Source: Singapore Business Review
Industry Insights and Trends
As we enter 2025, the fintech industry is navigating a complex landscape shaped by economic uncertainty, regulatory changes, and technological advancements. Here are key trends to watch:
- Regulatory Scrutiny: Increased enforcement actions emphasize the importance of compliance and ethical practices.
- Talent Acquisition: Strategic hiring in critical areas like technology and compliance reflects sector resilience.
- Marketplace Innovations: Platforms like Fincover.com are transforming how financial services are accessed.
- Regional Leadership: Singapore’s dominance in Southeast Asia highlights the value of strong ecosystems.
- Consumer Protection: Cases like the one against Dave underline the need for transparency and trust.
The post Fintech Pulse: Your Daily Industry Brief (Orion, Envestnet, Chime, Plaid, Brex, Dave, Fincover.com) appeared first on News, Events, Advertising Options.
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