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The founder of a billion-dollar data software company in Bermuda has quit the firm after he was accused of a sex assault. Zia Chishti resigned his three senior posts at Afiniti in the wake of the allegations by a former employee. The firm said: “The ...

A former premier quit her role on the board of directors of a technology firm at the centre of a sexual harassment and assault allegation about five months ago, it was revealed today. Dame Jennifer Smith said she resigned from the post with Afiniti i...

The head of a billion-dollar data and software company located in Bermuda has been accused of sexual misconduct. Zia Chishti, the founder and chief executive officer of Bermuda-based Afiniti, has been accused of pressuring a former employee into havi...

Bermuda-based fintech company StableHouse has announced the early-access launch of its regulated and licensed digital assets platform, which allows users to begin trading and investing in a wide range of cryptocurrencies and stablecoins. StableHouse,...

CrossTower, the exchange operator licensed by the Bermuda Monetary Authority, has reported record trading volumes in October of $587 million. The company, which has offices in Bermuda, the United States and India, added that it has posted more than $...

A crypto-finance company operating in Bermuda has donated 100 meals to frontline healthcare workers. The meals were delivered to staff at King Edward VII Memorial Hospital’s intensive care unit through the Meal Train programme, which asks contributo...

American fintech company AlphaPoint has announced its membership in the Bermuda Monetary Authority’s Innovation Hub. The innovation track was established by the BMA to operate as a platform for exchanging ideas and information around the digital tran...

Young Bermudians keen to work in the island’s growing tech sector have a wide range of opportunities, panellists at the Bermuda Virtual Tech Summit said today. Jeff Baron is the chief compliance officer at Bittrex Global Bermuda, which is licensed by...

Bermuda’s first digital bank may already be on the cards, with the Government welcoming the first formal bid. The application submitted to the Bermuda Monetary Authority proposes a bank serving digital-asset businesses and institutions globally from ...

Bermuda’s regulators “get it” when it comes to understanding the future of digital technologies and specifically fintech opportunities. This was the view of Appleby partner Jerome Wilson during the opening day of the virtual Bermuda Tech Summit, host...

Bermuda-based fintech operation 24 Exchange has filed key portions of a Form 1 application in draft form with the US Securities and Exchange Commission for a licence to operate a national securities exchange. 24 Exchange, the only global platform off...

Diamond coins issued in an offering regulated by the Bermuda Monetary Authority have increased in value dramatically since their $25 million IPO in March. About 5,000 Diamond Standard Coins were sold in the IPO for $5,000 each. The coins are now valu...