Seedrs Restructuring, Slashing 15% of Employees in Europe – Report

  Seedrs, part of the US-based Republic, is reportedly restructuring and slashing 15% of its employees operating in Europe. Seedrs was acquired by Republic in 2021 in a deal valued at $100 million. The deal closed the following year. The combined operation is one of… Read More

Perenna Obtains UK Government Grant Funding to Support Decarbonization of Housing Stock

Perenna, which is building an innovative digital mortgage bank that will aim to enhance the UK mortgage market, recently revealed that it has received UK Government grant funding in order to “accelerate decarbonization of UK housing stock.” Perenna says that for decades, consumers in the… Read More

SeedBlink Provides Update on Platform Performance: €342 Million Raised Over Past Four Years

SeedBlink is an emerging investment crowdfunding platform that is registered with the Romanian Financial Supervisory Authority and also approved under the new European Crowdfunding Service Providers Regulation (ECSPR) and thus allowed to issue securities across the EU. Under ECSPR, an issuer may raise up to… Read More

Tally of Financial Services Regulatory Penalties at $5 Billion for 2023, a 69% Increase – Report

Financial penalties assessed by financial regulators in the US have jumped by 69% versus the year prior when comparing 2023 to 2023, according to a report.Fenergo, a Client Lifecycle Management (CLM) firm serving financial services, has tallied the numbers and claims that penalties stood at… Read More

UK Insurtech Qover Introduces Motor Insurance Solution

Qover, an insurtech driven by a vision of creating a global safety net through insurance – announces the launch of its innovative motor insurance solution in the United Kingdom, which enables car manufacturers to “provide digital insurance programs across Europe.” In line with Qover‘s goal… Read More

Crypto Recorded Over $36 Trillion in Trading Volume Last Year – Research Report

In the fourth quarter of 2023, the crypto market experienced a surge in anticipation related to ETFs, “particularly with the growing optimism surrounding the potential approval of US spot Bitcoin ETFs,” the CoinGecko team noted. CoinGecko also mentioned that this optimism appears to have “contributed… Read More

Satchel, a European Digital Banking Provider, Teams Up with Regtech AMLYZE

Satchel, a European digital banking provider, is set to enhance its compliance standards through a strategic partnership with AMLYZE, a Regtech company specializing in anti-money laundering and financial fraud prevention. Satchel’s commitment to delivering banking services, “underscored by a robust emphasis on regulatory compliance and… Read More

UK’s Assetz Capital Comments on the State of Housing Market and Government’s Potential Role

Andrew Charnley, MD, Assetz Capital, says that housing has been a popular topic of discussion, as both the Conservatives and Labour start to gear up for the next general election. Andrew Charnley from Assetz Capital notes that the UK faces many pressing social issues, but… Read More

Digital Asset Owners Increased by 34% in 2023, Rising from 432M to 580M – Report Claims

Crypto.com released its annual Crypto Market Sizing Report, showing that global cryptocurrency owners increased by 34% in 2023 – “rising from 432 million in January 2023 to 580 million in December 2023.” Similar to the previous year, this notable growth “continued despite several macro headwinds,… Read More

Bank of London Appoints Anne Grim as Independent Non-Executive Director and Chair of Board Risk Committee

The Bank of London announced the appointment of Anne Grim as an independent Non-Executive Director (NED) of The Bank of London Group Limited Board and Chairperson of the Board Risk Committee (BRC), “subject to regulatory approval.” As well as her BRC role, Anne will be… Read More




MENA Region’s Mashreq Signs MoU with Fintech Fils to Introduce Corporate Carbon Offsetting Offering

Mashreq, which claims to be one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, in order to “develop a corporate carbon offsetting offering that helps corporate and institutional clients to integrate… Read More

Pay Growth in the UK Fell for Third Straight Month, Inflation Expected to Decline Based on Economic Data – Report

Despite a December rise, inflation is expected “to continue falling this year” says Yael Selfin, Chief Economist at KPMG UK. The KPMG UK team noted that the expected fall in the energy price cap in April “could see inflation returning to target by spring. Nevertheless, disruptions… Read More

Egyptian Fintech Zeal Secures $4M in Funding via Round led by Raed Ventures and Cur8 Capital

Zeal says it is pleased to announce a successful $4M funding round led by Raed Ventures and Cur8 Capital, along with strategic angel investors. This capital from the investment round is aimed at “expanding Zeal’s innovative technology solutions across the EMEA region, following its recent… Read More

Online Lender LendInvest to Offer New House Flip Bridge and Landlord Refurb Bridge Products

Online lender LendInvest Mortgages (AIM:LINV) says it will offer two new products: House Flip Bridge and Landlord Refurb Bridge. Both products aim to boost lending activity while providing borrowers the agility and speed they need to acquire and quickly flip homes. Both products are 85% LTV,… Read More

MENA Region’s Saudi Tadawul Group Holding Company Enters Agreement to Acquire Stake in Dubai Mercantile Exchange

Saudi Tadawul Group Holding Company (STG), a diversified capital markets group in the MENA region, has entered into a binding agreement with existing shareholders of DME Holdings Limited in order to “acquire a 32.6% stake in Dubai Mercantile Exchange (DME), one of the leading international… Read More

Spot Bitcoin ETF Approvals Signifies a Significant Step Towards Institutionalization of Cryptocurrencies According to Alchemy Pay

Alchemy Pay, a payment gateway that connects crypto with traditional fiat currencies for businesses, developers, and end users, notes that the approval of the Bitcoin Spot ETF signifies a significant step “towards the enhanced institutionalization of cryptocurrencies, paving the way for bitcoin to reach a… Read More

Fintech Platform Volante Technologies Shares Insights from Bank Payments Modernization Report

Volante Technologies, the global firm focused on payments as a service, issued the results from its third annual mid-tier bank payments modernization report. The research report shows high interest and enthusiasm “for faster payment networks, with 78% of U.S. financial businesses saying it is a… Read More

Worldcoin and FWB, a Social Network DAO, to Explore What It Means to be Human in AI Age

Worldcoin claims that it was created to help build a more human internet and a more inclusive digital economy. That ethos aligns with the founding principles of Friends With Benefits (FWB), a new kind of social network DAO working with creatives and builders “to platform… Read More

US Department of Treasury Sanctions Crypto Exchanges, Operators that are Said to Aid Hamas

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed a fifth round of sanctions on Hamas since the October 7 terrorist attack on Israel. According to OFAC, the sanctions have targeted Hamas-affiliated financial exchanges in Gaza, their owners and associates,… Read More

ThinCats Receives More Funding from Fintex Capital

Online lender ThinCats has received more funding from Fintex Capital. This is financed by Fintex Specialty Finance UK, the firm’s flagship discretionary investment fund. According to a note from the firm, Fintex has added to an existing mezzanine facility with ThinCats. Fintex has added £5… Read More

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