General News

November 13, 2021 @ 6:47 pm By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) has announced the launch of the Retail Trading Activity Tracker, which is a new dataset that aims to offer reliable information into the trading activity of self-directed retail investors in the U.S. equity market. The Retail Trading Activity Tracker has been designed… Read More

November 13, 2021 @ 10:37 am By Omar Faridi  |  

Standard Chartered (LON: STAN) has reportedy tapped the SAP Multi-Bank Connectivity solution and has also joined as a member bank, “aiming to offer an enhanced experience to corporate clients in meeting their transactional banking needs, simplifying the onboarding process, and delivering both traditional and new… Read More

November 11, 2021 @ 11:56 pm By Omar Faridi  |  

The Open Identity Exchange (OIX) has confirmed the appointment of Mags Moore as Chairperson of the OIX Board. Within the role, Moore will be responsible for leading the OIX Executive Committee and Board, in order to set the OIX strategy, “driving forward the OIX position… Read More

November 11, 2021 @ 8:27 am By Omar Faridi  |  

CryptoUK, the “trusted” voice of the United Kingdom’s crypto-assets industry, revealed on November 11, 2021, that it has appointed Rob McWilliam as its new non-executive director (NED). McWilliam has held key executive roles at two of the “most customer-centric” companies in the world, as finance… Read More

November 10, 2021 @ 8:44 am By Omar Faridi  |  

The developers of Sovryn, a Bitcoin-native app supporting decentralized lending, notes in a blog post that we are all in the middle of a truly historic transition from a global economy largely based on fiat money to an economic system based on crypto-assets and dominated… Read More

November 9, 2021 @ 9:19 am By Omar Faridi  |  

izumi Finance, a protocol that’s focused on providing liquidity as a service through Uniswap Ver 3.0, has raised $2.1M in funding from established decentralized finance (DeFi) industry investors. Izumi’s round has was led by Mirana Ventures and includes participation from Everest Ventures Group, Youbi Capital,… Read More

November 9, 2021 @ 7:42 am By Omar Faridi  |  

Klarna, the international retail bank, payments and shopping service with 90 million users across the globe, has officially launched operations in Ireland today. As mentioned in the announcement, Klarna will aim to empower Irish consumers with a better overall shopping experience and improved control, transparency… Read More

November 8, 2021 @ 8:02 pm By Omar Faridi  |  

Fintech firm Current reveals that they’re pleased to confirm that Ravi Bhatia has joined the company as the Head of Credit. Ravi comes to Current after almost 15 years of leading global financial teams in credit risk, oversight, analytics, strategy and partnerships “with an expertise… Read More

November 8, 2021 @ 6:52 am By Omar Faridi  |  

When Fintech Plaid first started offering services, they had been mainly focused on connecting with traditional institutions in the jurisdictions they had established businesses. These strategic connections enabled consumers to easily find and link their institution to the Fintech apps and services they required, the… Read More

November 7, 2021 @ 6:02 pm By Omar Faridi  |  

On October 31, 2008, an “obscure” whitepaper was released, outlining a virtual currency that was able to operate in a fully decentralized, trustless manner enabling users to send and receive monetary value. The pseudonymous author (or authors) of the whitepaper, Satoshi Nakamoto, called the “revolutionary”… Read More

November 7, 2021 @ 1:47 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that the month of October 2021 has been dubbed “UPtober” by many in the cryptocurrency markets as the Bitcoin (BTC) price and that of Ethereum (ETH), as well as other major altcoins surged to new all-time highs…. Read More

November 5, 2021 @ 3:41 pm By Omar Faridi  |  

Montis Digital, the Archax subsidiary that’s mainly focused on creating digitally-native post-trade infrastructure, has announced the expansion of its senior management team, with the appointment of Steve Higgins and David Gest. Steve Higgins is reportedly joining the Montis team as Head of Operations. He will… Read More

November 5, 2021 @ 11:36 am By JD Alois  |  

British Business Investments has committed £5 million to Green Angel Syndicate, a green investor that supports early-stage UK firms. British Business Investments is a subsidiary of government-backed British Business Bank. According to a note from British Business Investments, the funding was made via the Regional Angels Programme,… Read More

November 5, 2021 @ 8:36 am By Omar Faridi  |  

TraderMade, which claims to be one of the United Kingdom’s leading international specialists in financial market data, has confirmed the launch of a forex data API portal – which allows users to effectively manage their own data plans. As noted by TraderMade’s management: “We have… Read More

November 4, 2021 @ 10:23 pm By Omar Faridi  |  

Kenanga Investors Bhd has confirmed the launch of the Kenanga Sustainability Series: Frontier Fund. The fund will reportedly focus on making investments in equity securities of international firms that exhibit long-term sustainable growth potential, are getting ready for initial public offerings (IPOs), and have created… Read More

November 4, 2021 @ 2:50 pm By Omar Faridi  |  

Online lending platform Jaja Finance Ltd reveals that a consortium of investors, who are led by shareholder KKR and including entities owned by investment funds being managed by TDR Capital LLP, have entered an agreement with Jaja to become majority shareholders of the business. This… Read More

November 4, 2021 @ 10:14 am By Omar Faridi  |  

Brex, the Fintech Unicorn that is focused on reimagining finance for growing businesses, announced that Thasunda Brown Duckett has been appointed to the Brex Board of Directors “effective January 1, 2022.” Duckett, an experienced and forward-thinking financial services leader with valuable corporate governance experience, will… Read More

November 3, 2021 @ 5:33 pm By Omar Faridi  |  

BBVA, the Spanish multinational banking group, and the Sella Group have reportedly entered into a partnership that is focused on supporting Open finance. Through the partnership, BBVA will be providing its foreign clients, who are willing to operate in Italy and those of the newly… Read More

November 2, 2021 @ 1:59 pm By Omar Faridi  |  

US investment bank Citi (NYSE: C) has introduced its first sustainability-linked supply chain finance (SSCF) program in the Asia-Pacific region. Via the SCCF program, Citi intends to support customers as they work on their ESG priorities, enhance supply chain resilience, and effectively manage working capital… Read More

November 2, 2021 @ 10:52 am By JD Alois  |  

This is a first. Jeremy Allaire, CEO and co-founder of Circle, the issuer of the USDC stablecoin, has joined with his teammates to do a crypto rap. The performance available on YouTube, was done in celebration of USDC topping $20 billion in market cap. While… Read More