October 29, 2024 @ 4:45 pm By Omar Faridi  |  

David Marcus, the CEO of Lightspark, has emphasized the importance of innovation in digital or online payment systems, especially when compared to the archaic infrastructure many financial institutions still rely on today. In his insightful conversation with Brian Mosoff from BlackRock, Marcus has notably underscored… Read More

 Tagged blockchain adoption, david marcus, lightspark, payments

October 29, 2024 @ 11:49 am By JD Alois  |  

An increase in capital gains taxes (CGT) is anticipated to be announced at this week’s Autumn Statement. This will impact investments in firms and may undermine support of early-stage ventures. This much is clear. Today, we have two more executives adding their voices to the… Read More

 Tagged aurum solutions, autumn statement, quant, uk, united kimgdom, united kingdom

October 29, 2024 @ 11:27 am By JD Alois  |  

Bridgewise says its services are now integrated with SIX – the operator of the Swiss Stock Exchange. Bridgewise offers artificial intelligence (AI) solutions. According to a statement from the company, its product is now integrated into SIX iD. SIX iD provides global financial information for… Read More

 Tagged bridgewise, six, Swiss Stock Exchange, switzerland

October 29, 2024 @ 11:11 am By JD Alois  |  

The Participatory Finance College of France (the entity that represents crowdfunding in France), along with FintechParis Europlace, the French Banking Federation, and France Post Marché (representing the banking institutions managing the plans), have announced they created a procedure for acquiring or subscribing to unlisted securities… Read More

 Tagged financement participatif france, fpf, france, france fintech, pacte law

October 29, 2024 @ 10:52 am By JD Alois  |  

BCB Group has announced a “multi-currency solution leveraging stablecoins” designed to consolidate payments from different cryptocurrencies along with fiat into a single account. The new offering is being described as “stablecoin payments on steroids.” BCB is a payments provider that offers a digital wallet along… Read More

 Tagged bcb group, crypto exchange, payments, stablecoins, uk, united kingdom

October 29, 2024 @ 10:40 am By JD Alois  |  

Smart Lenders AM has signed an exclusive arrangement with Pony via its Lending Smart Fund 1. Pony is an online lender in the mobility sector operating in 21 different cities in France and Belgium. It finances scooters, bicycles, and other mobility items. The credit is… Read More

 Tagged france, online lending, pony, smart lenders

October 29, 2024 @ 10:00 am By Omar Faridi  |  

Quantexa, a global enabler of Decision Intelligence (DI) solutions for the public and private sectors, announced that it has surpassed $100 million in annual recurring revenue (ARR). This update sees Quantexa achieve Centaur status, thus joining a group of SaaS businesses recognized in this category… Read More

 Tagged Quantexa, uk, united kingdom

October 29, 2024 @ 8:41 am By Omar Faridi  |  

Zilch, the Fintech payments innovator of the ad-subsidized payments network (ASPN), announces the expansion of its securitization facility by an additional £50 million, bringing the total to £150 million. This investment round includes participation from two of the world’s largest credit funds, alongside lead arranger… Read More

 Tagged deutsche bank, payment network, payments, securitization, zilch

October 29, 2024 @ 8:39 am By JD Alois  |  

ClearBank and Visa (NYSE:V) have announced a collaboration on “Issuance and Money Movement solutions.” This is for both local and global transactions. ClearBank is regulated by the UK FCA and PRA. In the EU, ClearBank is authorised by the European Central Bank (ECB) and supervised… Read More

 Tagged banking, clearbank, digital bank, EU, netherlands, payments, uk, visa

October 29, 2024 @ 7:36 am By Omar Faridi  |  

A report from MillTechFX has revealed that 83% UK corporates have had their finances impacted by the stronger pound. Although half of these companies saw positive outcomes, the other 50% experienced “negative financial impacts,” highlighting the intricate effects of currency “fluctuations on business performance.” The MillTechFX… Read More

 Tagged milltechfx, uk, united kingdom