August 7, 2020 @ 1:52 am By Omar Faridi  |  

UOB Indonesia has introduced TMRW, its virtual bank to serve the local market as part of its strategy to accelerate growth of its business operations in the region. The launch of the digital bank has come after UOB established its business in Thailand in 2019…. Read More

August 7, 2020 @ 12:47 am By Omar Faridi  |  

Poland’s mPay has teamed up with iDenfy to use its biometric facial recognition software, (selfie) liveness detection, and ID verification tech, in order to take care of its Know Your Customer (KYC) compliance checks for processing mobile payments. The mPay app allows users to conduct… Read More

August 6, 2020 @ 11:51 pm By Omar Faridi  |  

Qatar has substantial capital that has been invested by local entities into the nation’s economy, which is more diversified than most other countries in the Middle East. However, foreign direct investment (FDI) may still serve a key role in developing the nation’s knowledge-based economy and… Read More

August 6, 2020 @ 11:45 pm By Omar Faridi  |  

James Fuller, CEO and co-founder at Hnry, a New Zealand based online freelance accountancy company, claims that his firm has seen a significant increase in the number of new customers following the COVID-19 outbreak. In an interview with Channel Life, Fuller notes that since the… Read More

August 6, 2020 @ 11:43 pm By Omar Faridi  |  

Splitit, an Australian Stock Exchange-listed (ASX:SPT) company that allows consumers to make payments in easy installments using their credit cards, has reportedly secured $71.5 million in capital through a private placement and share purchase agreement. Splitit is a Buy Now, Pay Later service provider that’s… Read More

August 6, 2020 @ 7:52 pm By JD Alois  |  

Starling Bank CEO and founder Anne Boden has published the Fintech’s annual letter as well as a trading report for July 2020, and there are some encouraging comments in the missive. Boden notes that since November 2019, the bank’s “performance has been strong.” In fact,… Read More

August 6, 2020 @ 4:10 pm By Samantha Hurst  |  

Genesis, a digital currency trading and lending platform, announced on Thursday it has teamed up with cryptocurrency exchange Luno to enable interest-bearing products customized for the Luno community as well as provide Luno customers with access to earn interest on their crypto holdings. Genesis further… Read More

August 6, 2020 @ 4:04 pm By Samantha Hurst  |  

Global financial service platform Kabbage announced it will not be accepting new applications for the Paycheck Protection Program after August 6th (today). The online lender decided to close the application process for new applicants before the August 8th deadline in order to finalize existing applications…. Read More

August 6, 2020 @ 3:54 pm By Samantha Hurst  |  

eBay announced on Wednesday it has joined forces with LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, to launch a new program that will give eBay sellers in the U.S. access to funding to help grow and sustain their businesses, called… Read More

August 6, 2020 @ 2:06 pm By Samantha Hurst  |  

Livia, a UK-based sweet treats company, has successfully surpassed its initial £1 million equity crowdfunding target on Seedrs. Founded in 2014, Livia claims to be the fastest-growing free-from treat brand in the UK. The company claims its products are 100% plant-based, natural, and indulgent. The… Read More

August 6, 2020 @ 1:46 pm By Samantha Hurst  |  

Brane Inc., a digital asset custodian based in Canada, announced on Thursday its plans to expand into the U.S. The company reported that the U.S. Office of the Comptroller of the Currency (OCC) revealed that federally chartered banks and thrifts in the U.S. may provide… Read More

August 6, 2020 @ 1:29 pm By Omar Faridi  |  

Band Protocol (BAND), a cross-chain data oracle platform that aggregates and connects real-world data and APIs to blockchain based smart contracts, is preparing to launch on Coinbase Pro, a digital asset exchange for professional traders. The Coinbase team notes that on August 10, 2020, customers… Read More

August 6, 2020 @ 12:27 pm By JD Alois  |  

Legaltech LawCloud has partnered with securities crowdfunding platform Title3Funds. LawCloud will be providing its Form C service to issuers using the FINRA regulated funding portal to raise capital online. LawCloud’s service streamlines the legal filing process by providing entrepreneurs with a simple and cost-effective solution… Read More

August 6, 2020 @ 11:06 am By Omar Faridi  |  

Clik, a Cambodia-based Fintech firm, has reportedly acquired $3.7 million in seed funding. The company has also hired new staff members. Clik’s management noted that the funds raised would be used to expand its business operations, including its product engineering and customer service teams, in… Read More

August 6, 2020 @ 10:41 am By JD Alois  |  

Overstock (NASDAQ:OSTK) has recently seen its shares rocket from all-time lows to all-time highs. Earlier today, Overstock hit a new 52 week high of over $98/share. Overstock started the year in the single digits at $7, dipping to just over two bucks a share as… Read More

August 6, 2020 @ 9:08 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, is seeking to raise between £100 million and £120 million through its Series C round, Sifted reports.  Founded in 2015, Curve is on a mission to simplify… Read More

August 6, 2020 @ 9:03 am By JD Alois  |  

Assetz Capital, a peer to peer lender providing secured loans to businesses, has applied for a £10 million Banking Competition Remedies (BCR) Pool E grant, according to a note from the company. Assetz Capital states that it has submitted an application for Pool E that… Read More

August 6, 2020 @ 9:00 am By Omar Faridi  |  

Delta Exchange, a cryptocurrency derivatives trading platform that’s not regulated in any jurisdiction, revealed on August 6, 2020 that it’s launching monthly contracts on its ETH-MOVE and BTC-MOVE product. As explained by Delta Exchange CEO Pankaj Balani in an interview with CI: “MOVE contracts are… Read More

August 6, 2020 @ 8:18 am By JD Alois  |  

Banked, a UK based payments start-up is partnering with British Airways Executive Club to allow people to collect Avios by using Banked when they checkout online. Avios is the “rewards currency” of the British Airways Executive Club – an old school digital asset. British Airways… Read More