September 28, 2020 @ 11:47 am By JD Alois  |  

Younited Credit Germany, an expansion by France based Younited Credit, reports having originated over €10 million in loans since launch in February of 2020. Younited Credit is a European online credit platform, certified by the French authority in charge of financial stability and customer protection (ACPR)…. Read More

September 28, 2020 @ 11:26 am By Samantha Hurst  |  

  Digital-only bank platform N26 announced on Monday the appointment of two key senior executives, a new Chief People Officer and Chief Operating Officer, set to join the company next month. According to N26, both roles will report directly to N26 co-founder and CFO Maximilian… Read More

September 28, 2020 @ 10:46 am By Samantha Hurst  |  

Santander Bank recently announced it has signed a deal with Correos to provide services in Spain. The agreement will allow the banking group to provide services at a total of 4,675 Correos offices from the first quarter of 2021, with Santander’s basic financial services reaching… Read More

September 28, 2020 @ 10:16 am By Omar Faridi  |  

The developers of the Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, confirmed (on September 28) that on September 27, 2020, the Ocean Protocol Foundation had initiated a hard fork or backward-incompatible… Read More

September 28, 2020 @ 9:49 am By Samantha Hurst  |  

Finicity, a U.S.-based online banking solutions provider, announced on Monday the launch of Finicity Lend, which is described as an integrated solution set of open banking data services that provides banks, lenders, and fintech developers access to tools that enable their borrowers to directly permission… Read More

September 28, 2020 @ 9:16 am By Omar Faridi  |  

Sridhar Iyer, the Executive Vice President and Head of Mashreq Neo (the digital banking division launched in 2017), recently noted that the United Arab Emirates (UAE) has one of the highest smartphone or mobile Internet penetrations rates in the world. Iyer claims that the UAE’s… Read More

September 28, 2020 @ 9:05 am By JD Alois  |  

Payments Fintech Wirex has quickly raised £1.2 million with the first £1 million arriving in an hour and a half today crowdfunding on Crowdcube, according to a note from the company. The securities offering just entered its public stage and now sits at £1.446 million… Read More

September 28, 2020 @ 8:27 am By Omar Faridi  |  

OneConnect Financial Technology Co., Ltd. (NYSE: OCFT), an established technology-as-a-service platform for financial institutions, has won the Platinum Award for Digital Banking at the IFTA FinTech Achievement Awards 2019, “in recognition for the innovation of its OneConnect Bank Solution.” Daniel Ling, GM at OneConnect’s Hong… Read More

September 28, 2020 @ 8:12 am By Omar Faridi  |  

Brian Armstrong, CEO at Coinbase, a leading cryptocurrency exchange, has noted that there have been many challenging events in the world this year, including the COVID-19 pandemic, social unrest, west coast wildfires, and other really difficult situations. Armstrong wrote in a blog post that everyone… Read More

September 27, 2020 @ 10:42 pm By Samantha Hurst  |  

  @Pizza, a UK-based pizza brand, has quickly secured its initial £820,000 funding target just days after launching its equity crowdfunding campaign on Crowdcube. The company is now aiming is to give consumers the best pizza they have ever had, every time. “Consumers crave new… Read More

September 27, 2020 @ 10:18 pm By Samantha Hurst  |  

RoosterMoney, a UK-based money managing mobile app, is now nearing £2.1 million through its equity crowdfunding campaign on Seedrs. The funding round was launched less than two weeks ago and has already attracted more than 440 Seedrs investors. As previously reported, RoosterMoney was founded in… Read More

September 27, 2020 @ 9:34 pm By Samantha Hurst  |  

 Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a global provider of software solutions for the insurance industry, recently announced it has joined forces with advanced and predictive risk analysis company, GreenRoad Technologies, to improve driver safety and personalize driver insurance premiums. Sapiens reported that… Read More

September 27, 2020 @ 7:07 pm By Omar Faridi  |  

Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), recently confirmed that ICONLOOP will be working cooperatively with Pohang, POSCO and POSTECH to develop a (decentralized ID) DID ecosystem with MyID. Jun noted… Read More

September 27, 2020 @ 6:16 pm By Omar Faridi  |  

Mo Ali Yusuf, the VP at Checkout.com for the MENA and Asia Pacific Region, says he’s looking forward to teaming up with NiFT and the Fintech ecosystem in Pakistan in order to support the growth of digital commerce and virtual payments in the country. Pakistan’s… Read More

September 27, 2020 @ 6:14 pm By Omar Faridi  |  

The recently issued UNI governance token, which is associated with Uniswap, a leading Ethereum token exchange, aims to help Uniswap transition into a “decentralized,” community-managed and owned protocol. However, the exchange protocol’s team hasn’t been completely transparent about how they aim to achieve “decentralization.” Liesl… Read More

September 27, 2020 @ 4:25 pm By Omar Faridi  |  

Indonesia’s regulatory authorities and local Fintech firms have been focused on creating a balance that will support innovative projects in the country, while maintaining regulatory guidelines that ensure consumer protection. Triyono, the head of Indonesia’s Financial Services Authority (OJK), stated on September 25, 2020, that… Read More

September 27, 2020 @ 4:20 pm By Omar Faridi  |  

The team at Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, recently noted that their journey towards “decentralization” continues with the introduction of Aave Governance on mainnet (the production-ready or… Read More

September 27, 2020 @ 4:18 pm By Omar Faridi  |  

Retail spending and activity levels in India have now recovered to around 90% of pre- COVID-19 levels after dropping to around 55-65% of their average back in April 2020. The pace of the adoption of digital services across major channels has accelerated due to the… Read More

September 27, 2020 @ 1:36 pm By Omar Faridi  |  

The global banking sector has faced many challenges due to the socioeconomic problems resulting from the COVID-19 outbreak. Many banks or financial institutions have had to shut down physical branches while asking their employees to work remotely in order to prevent the further spread of… Read More