General News

September 13, 2021 @ 7:51 am By Omar Faridi  |  

Stockholm-headquartered Qred, a small business lending service provider, has reportedly received a substantial investment from Nordic Capital. Although the exact amount invested has not been shared publicly, Sweden’s Breakit.se reveals that Nordic Capital may have invested just over half a billion kronor (appr. €49 million)… Read More

September 12, 2021 @ 11:28 pm By Omar Faridi  |  

UK’s MarketFinance, one of the largest P2P invoice financing platforms, notes that if you’re a regular “around these parts,” then you’ll have most likely seen their “flex loans” cropping up quite often. As explained by MarketFinance, flex loans give small businesses fast and “flexible access”… Read More

September 12, 2021 @ 11:37 am By Omar Faridi  |  

Women Returners and Innovate Finance have teamed up to establish a cross-company returner program, which aims to encourage professionals to try re-entering the Fintech industry after long-term or extended career breaks. UK’s digital bank Starling, Fintech Unicorn Klarna and PrimaryBid will reportedly take part in… Read More

September 12, 2021 @ 10:27 am By Tony Zerucha  |  

Fraud prevention company SEON is partnering with GBG APAC, a digital identity services provider, to strengthen online fraud prevention for banks, Fintechs, and digital banks across the Asia Pacific region. SEON’s technology is fully integrated into the GBG Intelligence Centre and the alliance will combine… Read More

September 12, 2021 @ 10:04 am By Omar Faridi  |  

With the increasing concerns regarding issues related to climate change and various unsustainable agricultural practices, many nations and large enterprises are working via international pledges to establish an ecologically conscious future. Hybrid smart contracts—which are smart contracts that bring together blockchains, Oracles, and API infrastructure… Read More

September 11, 2021 @ 9:43 am By Omar Faridi  |  

ION’s XTP offering will be expanded with real-time margin and risk management and monitoring services for cleared and uncleared OTC derivatives. ION Markets, an international provider of analytics, trading, and risk management solutions for capital markets, has confirmed its acquisition of Clarus Financial Technology, a… Read More

September 11, 2021 @ 8:41 am By Omar Faridi  |  

At Mendix World 2021, a virtual assembly of low-coders, Mendix, a Siemens business and industry leader in low-code app development for the enterprise, reveal their “robust” platform enhancements that will “accelerate delivery of high-value solutions for the digital-first economy,” according to an update shared with… Read More

September 10, 2021 @ 3:26 pm By Omar Faridi  |  

Intercontinental Exchange, Inc. (NYSE: ICE), an international provider of data, tech, and market infrastructure, reveals that it has introduced its weather forecast data on its ICE Connect platform. According to the announcement, ICE Connect users will be able to link streaming weather data to streaming… Read More

September 9, 2021 @ 8:40 pm By Tony Zerucha  |  

While most businesses have embraced the use of digital documents, they have not yet progressed to the point where they can create compelling and effective ones, third-party research from PandaDoc, an all-in-one document workflow automation platform, reveals. PandaDoc polled more than 1,000 professionals at businesses of… Read More

September 9, 2021 @ 9:15 am By JD Alois  |  

Online capital formation is one of the earliest sectors of Fintech. Platforms exist around the world to match investors with debt, equity and other securities to raise capital to finance a  firm, back a real estate project, or simply to provide capital to those in… Read More

September 8, 2021 @ 9:23 pm By Omar Faridi  |  

Dispute tech specialist, Chargebacks911, reveals that it has appointed technology management professional, Brad Dillahunty, as EVP and Chief Product Officer at Chargebacks911 and sister brand Fi911. Brad will be responsible for driving the firms’ international product development and strengthen operational structures “at a time of… Read More

September 8, 2021 @ 4:43 pm By Omar Faridi  |  

As part of its increased B2B focus and overall business strategy, Netspend is introducing the Netspend Earned Wage Access platform and mobile app, which will enable companies to provide their workers with on-demand access to accrued wages or earnings that the employees have already earned… Read More

September 8, 2021 @ 3:17 pm By Kelsey Chase  |  

In 2010, venture capital investors poured $21.8 billion into startups. Fast forward a decade to 2020 when well over 500 “supergiant” funding rounds of $100 million+ were raised, totaling $142 billion. In early 2021, even as global economies fought to shake off the effects of… Read More

September 7, 2021 @ 3:36 pm By Omar Faridi  |  

Baton Systems, the market solution that aims to transform asset movements and settlements, has revealed that William (Bill) Coen, former Secretary General of the Basel Committee on Banking Supervision, has joined the company as Senior Advisor. Coen’s appointment has been announced as Baton scales its… Read More

September 7, 2021 @ 2:59 pm By Omar Faridi  |  

Trade Ledger, an international digital lending platform, has teamed up with ScotPac, Australia and New Zealand’s biggest non-bank SME lender, in order to develop an origination and underwriting experience for business funding. As mentioned in a release, the partnership demonstrates the scope of the Trade… Read More

September 6, 2021 @ 11:37 pm By Omar Faridi  |  

Singapore Exchange (SGX) recently revealed that they’ve created updated rules that will allow Special Purpose Acquisition Companies (SPACs) to list on its Mainboard “effective 3 September 2021.” Tan Boon Gin, CEO of Singapore Exchange Regulation (SGX RegCo), noted that SGX’s SPAC framework should give firms… Read More

September 6, 2021 @ 10:57 pm By Omar Faridi  |  

One in 10 or around 10% of Buy Now Pay Later (BNPL) shoppers have been contacted by debt collection agencies, and this figure increases to one in eight for younger consumers, according to Citizens Advice. The Citizens Advice charity has shared research findings which reveal… Read More

September 6, 2021 @ 10:52 pm By Omar Faridi  |  

Kadence International Indonesia has shared the findings of a new research study, titled Digital Payments and Financial Services Usage and Behavior in Indonesia. The extensive report is reportedly based on an online survey of 1,000 respondents carried out in July of this year in large… Read More

September 6, 2021 @ 2:36 pm By Omar Faridi  |  

The Pensions Dashboards Program (PDP) has reportedly appointed Capgemini to provide its central technical architecture, ending the initiative’s first phase. As reported by Pensions Age, the selection of Capgemini was made after an extensive engagement period, with the pensions industry and suppliers, which PDP said… Read More

September 6, 2021 @ 10:08 am By Omar Faridi  |  

UK-based digital bank Starling notes that as the summer months are ending, they’ve shared some of their recent highlights. Starling now has over 2.4 million open accounts, which reportedly include more than 400,000 business accounts. As mentioned in a blog post by Starling, dated September… Read More