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Editorial | what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Launchpad Capital to invest in Lithuanian fintechs 04 May 2021 1 Launchpad Capital, a new early-stage venture capital firm led by long-time San Francisco-based fintech investor and entrepreneur Ryan Gilbert, is to use part of a $35 million to support early stage Lithuanian startups targeting North America. The firm plans to make five early-stage investments in 2021 ranging in size fro...

WEST JORDAN — A South Jordan man accused of extorting teenage girls on social media has pleaded guilty to all nine counts against him. Gabe Ryan Gilbert, was charged in 2019 in 3rd District Court with five counts of aggravated sexual extortion of a child, a first-degree felony, and four counts of sexual exploitation of a minor, a second-degree felony. On Wednesday he pleaded guilty to each charge. Gilbert, 21, is scheduled to be sentenced on June 16. Gilbert contacted several girls between the ages of 14 and 17 using multiple Snapchat accounts starting in April 2018, and then used those acc...

Engineers explore protein self-assembly as improved coating process Fouling is a natural phenomenon that describes the tendency of proteins in water to adhere to nearby surfaces. It’s what causes unwanted deposits of protein to form during some food production or on biomedical implants, causing them to fail. Researchers at Rensselaer Polytechnic Institute are harnessing this process, which is typically considered a persistent challenge, to develop a versatile and accessible approach for modifying solid surfaces. “The goal of this work is to develop a method that is tolerant of pretty much...

Scrypt AI Closes Seed Funding from Fintech Leaders Share Article CAMBRIDGE, Mass. (PRWEB) April 01, 2021 Scrypt AI announced that it has closed its first round of funding in direct response to overwhelming demand for artificial intelligence solutions for treasury management. Scrypt AI will use the funding to scale its market ready products across several industry sectors, having just announced that its software has been used to process thousands of invoices worth over $1B. Founded in late 2020 as a spin off from MIT machine lear...

Evolve Bank & Trust Names Ryan Gilbert and Ed Labry to Its Payment Processing Solutions Advisory Board General Partner of Propel Venture Partners , and Edward (Ed) Labry, Vice Chairman of First Data Corporation. This group of seasoned professionals brings comprehensive financial and payments expertise from various market segments and will provide guidance to support continued innovation at Evolve. "We are so pleased to have Ryan [Gilbert] and Ed [Labry] as members of this board," said Scot Lenoir, Chairman of Evolve Bancorp Inc. "Ryan and Ed are respected thought-leaders and bring tremendous...