January 17, 2023 @ 11:01 am By Omar Faridi  |  

NTT DATA UK&I, which claims to be a trusted global innovator in banking and IT services, has announced that it has appointed four new senior hires to its banking practice (banking solutions division), “demonstrating continued growth as an advisory business of the highest quality.” Banking… Read More

January 17, 2023 @ 10:53 am By JD Alois  |  

Goldman Sachs (NYSE:GS) reported Q4 2022 and full-year 2022 results this morning, falling short of analyst expectations. The operations of the world’s most prominent investment bank and aspiring Fintech have been challenged during a difficult economic climate. Recently, Goldman slashed approximately 3200 employees to cut… Read More

January 17, 2023 @ 8:38 am By Omar Faridi  |  

Global fintech Airwallex has announced the launch of a partnership with American Express, allowing Airwallex customers “to accept American Express Cards as a payment method.” Airwallex customers in Australia, Hong Kong, Singapore and the United Kingdom will now be able to “accept American Express Card… Read More

January 17, 2023 @ 8:37 am By Omar Faridi  |  

Sprinque, Europe’s most flexible B2B payments platform, has raised a €6m seed funding round led by Connect Ventures, “with participation from Kraken Ventures, Inference Partners, and SeedX.” Existing investors Antler, Volta Ventures, and Force Over Mass also contributed to the investment round. Sprinque’s B2B payments… Read More

January 17, 2023 @ 8:31 am By Omar Faridi  |  

FNZ, the global wealth management platform, is pleased to announce the acquisition of Fondsdepot Bank, one of the leading independent platforms for trading and custody in Germany. The acquisition represents “a further investment by FNZ in the German market and will bring together the complementary… Read More

January 17, 2023 @ 8:28 am By Omar Faridi  |  

Divilo, a Spain-based fintech providing B2B financial services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced they will “collaborate to protect Divilo’s growing services against money laundering, sanctions violations, and other financial crimes.” Through the agreement, ThetaRay will “provide Divilo its SONAR… Read More

January 17, 2023 @ 6:17 am By Omar Faridi  |  

Mindtera, an Employee Assistance Program (EAP) platform in Indonesia, announces the close of their combined seed and seed extension round at $850K funding “led by East Ventures and with commitments from Seedstars International Ventures among other prominent angel investors.” Founded in 2021 by Tita Ardiati… Read More

January 16, 2023 @ 7:33 pm By JD Alois  |  

Salt Edge, an Open Banking enabler, has expanded into the Kingdom of Jordan. According to a blog post, Salt Edge will be working with Jordanian Banks and other financial services firms to power Open Banking solutions with its API-driven platform. According to the post, the… Read More

January 16, 2023 @ 7:25 pm By Omar Faridi  |  

For the past 17 years the World Economic Forum’s Global Risks Report has warned about “deeply interconnected” global risks. Conflict and geo-economic tensions have “triggered a series of deeply interconnected global risks,” according to the World Economic Forum’s Global Risks Report 2023. These include energy… Read More

January 16, 2023 @ 7:22 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), Cambridge SupTech Lab, has published a report on the emerging arena of supervisory technology (Suptech) that aims to improve the regulation of financial services firms.  While some view Regtech and Suptech as two sides of the same coin,… Read More

January 16, 2023 @ 3:42 pm By Omar Faridi  |  

Connecting France and The Kingdom of Saudi Arabia in a “first of its kind” strategic tech partnership, Foodics, the cloud-based restaurant management technology and payments platform in the MENA region, has announced it has partnered with French-based tech start-up Partoo, who “help brands manage and… Read More

January 16, 2023 @ 3:34 pm By Omar Faridi  |  

The team at Deel notes that they are building the “best” equity and compliance product for global companies and their teams. The Deel team writes in a blog post that we all know equity “can be one of the best ways to attract and retain… Read More

January 16, 2023 @ 3:28 pm By Omar Faridi  |  

ABN AMRO, headquartered in Amsterdam, reportedly became the first bank in Europe to register a digital bond on the public blockchain, using Fireblocks. The digital bond was issued to a select group of investors “to raise funds on behalf of APOC, an ABN AMRO commercial… Read More

January 16, 2023 @ 11:28 am By Omar Faridi  |  

On January 11, 2023, RVN, CLV, CVX, ANT, and PHA became available to buy on Okcoin in the United States. Withdrawals will be available soon, the Okcoin team confirmed. As mentioned in a blog post, Ravencoin (RVN), Clover Finance (CLV), Convex Finance (CVX), Aragon Network… Read More

January 16, 2023 @ 11:24 am By JD Alois  |  

The founders of Envato and Up have joined to back Bloom Impact Investing, a “climate-focused Fintech.” According to an email, Euphemia, the family office of Up co-founder Dominic Pym, together with Envato founders Collis and Cyan Ta’eed have led a seed round of $525,000, At… Read More

January 16, 2023 @ 10:55 am By Omar Faridi  |  

One True Holding Company d/b/a/ TrueML, a financial technology software company developing machine learning-driven products that enable intelligent, digital communication in the financial services space, announced that Thomas Overton will “join as Chief Technology Officer.” TrueML develops software using patented machine learning technology “to create… Read More

January 16, 2023 @ 10:47 am By JD Alois  |  

This past weekend, Zilch, a buy now pay later (BNPL) provider, was a target of a story entitled Buy now pay later to impact credit scores of millions. The article in the Sunday Telegraph stated that changes at Zilch would see data shared with agencies which… Read More

January 16, 2023 @ 9:43 am By JD Alois  |  

IMPT has announced a deal to purchase up to €50 million in carbon credits from Polygon blockchain-powered Thallo. IMPT is a carbon-offsetting ecosystem aiming to connect brands and commerce to individuals and businesses interested in reducing their carbon footprint. Thallo uses blockchain technology to facilitate… Read More

January 16, 2023 @ 9:27 am By Omar Faridi  |  

The money transfer system Tempo France has a “positive outlook” for the dynamics of the remittances corridor between the EU and Ukraine in 2023. The company stated that the segment “would see a 5 percent shrink in annual terms in Q1 2023.” But the remittances… Read More

January 16, 2023 @ 9:25 am By Omar Faridi  |  

  2022 was a year of challenges, but also “huge wins” for Mintos and their investors, the company claims. During 2022, Mintos launched a new financial instrument, Notes, “benefiting our investors with investor protection mechanisms.” They also celebrated “reaching a milestone of 500 000 registered… Read More