General News

November 10, 2020 @ 7:02 am By Omar Faridi  |  

UK Chancellor Rishi Sunak updated the House (on November 9, 2020) regarding ongoing plans for the country’s financial services industry, which is one of the “most productive and innovative sectors.” Sunak believes that financial services will be essential to the UK’s economic recovery from the… Read More

November 9, 2020 @ 5:42 pm By Omar Faridi  |  

Qatar’s private sector is now ready to work cooperatively with US-based companies and businesses, according to Qatar Development Bank CEO Abdulaziz Bin Nasser Al Khalifa. As previously reported, the Qatar Development Bank (QDB) offers financial services, banking, and loans to support the development of the… Read More

November 9, 2020 @ 3:14 pm By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube announced on Friday one of its and Seedrs’ successes, Mindful Chef, has been acquired by multinational food and drink giant, Nestle.  The company was founded by school friends Robert Grieg-Gran, Giles Humphries and Myles Hopper. It describes itself as a young… Read More

November 9, 2020 @ 11:13 am By Omar Faridi  |  

UK Chancellor Rishi Sunak is reportedly planning to overhaul or fundamentally change the nation’s listing regime in order to attract more tech firms to London, according to a recent report from Sky News. Sources familiar with the matter said that Sunak will be working on… Read More

November 9, 2020 @ 8:34 am By Omar Faridi  |  

The COVID-19 pandemic has created many different socioeconomic challenges. It has definitely been a really tough year for the travel and tourism industry as most people were forced to cancel their travelling plans and stay at home (to prevent the further spread of the virus)…. Read More

November 9, 2020 @ 7:45 am By Omar Faridi  |  

The transactional value of the US Fintech market is expected to increase at a compounded annual growth rate (CAGR) of 8.6% over the forecast period of 2019-2024, according to a new report. The report from Industry Research states that Fintech is beginning to transform the… Read More

November 8, 2020 @ 7:29 pm By Omar Faridi  |  

Standard Chartered (LON:STAN), a UK-based multinational banking and financial services company with over $720 billion in assets, has decided to adopt a hybrid approach to working where it will allow its employees to perform their duties from home and they can also complete tasks from… Read More

November 7, 2020 @ 7:44 am By Omar Faridi  |  

Gen II Fund Services, LLC, an established independent private equity fund administrator, has acquired a new strategic investment. General Atlantic, a global growth equity company, and Hg, a multinational software investor, are leading the latest investment. IHS Markit (NYSE: INFO), a key provider of critical… Read More

November 6, 2020 @ 8:30 am By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Friday it has appointed Leigh Ramsden as its new Chief Financial Officer. According to Trulioo, Ramsden has more than 20 years of financial analysis and progressive leadership experience and will succeed Anne Lawlor, who will be… Read More

November 6, 2020 @ 7:53 am By JD Alois  |  

Antler, a global early-stage venture capital firm that seeks to invest in the defining technology companies of tomorrow, has opened an office in Berlin. In the past, Antler has backed a good number of Fintechs. Berlin has emerged as a hot startup ecosystem. Antler notes… Read More

November 6, 2020 @ 7:32 am By Omar Faridi  |  

Switzerland is establishing a Green Fintech Network in order to help the country take advantage of the different opportunities offered by sustainable finance solutions. As stated in the announcement: “The Federal Council sees sustainable finance as a great opportunity for the Swiss financial centre. The… Read More

November 6, 2020 @ 7:26 am By Omar Faridi  |  

Facebook (NASDAQ:FB) owned WhatsApp has reportedly received approval to introduce its digital payments services in India. The National Payments Corporation of India (NPCI), which is an umbrella organization for operating or managing retail payments and settlement systems in the country, has given WhatsApp the green… Read More

November 5, 2020 @ 4:02 pm By Samantha Hurst  |  

Luxembourg-based Nadifin Fintech Accelerator announced earlier this week its 2020 cohorts. According to Nadifin, more than 120 applications from all around the world were submitted and ten early-stage fintech companies were selected. Founded in 2019, the NadiFin Acceleration program is powered by MiddleGame Ventures and… Read More

November 5, 2020 @ 10:07 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced 40 different firms have been shortlisted for the MAS Fintech Awards to be presented at this year’s Singapore Fintech Festival x Singapore Week of Innovation and TeCHnology (SFF x SWITCH). The theme for this year’s Awards is… Read More

November 4, 2020 @ 9:31 pm By Omar Faridi  |  

Deutsche Börse has finalized a $15 million investment round in Clarity AI, which is a Spanish Fintech company that leverages Big Data and machine learning (ML) to help investors and traders understand the social impact of their investment portfolios. Established in 2017, Clarity AI has… Read More

November 4, 2020 @ 3:22 pm By Samantha Hurst  |  

BBVA announced on Wednesday it has teamed up with Amazon Web Services (AWS) and Bloomberg to developed a new cloud-based technology for the equity markets area of its Corporate and Investment Banking unit. BBVA reported that it has created BBVA C-fit, which is a platform built… Read More

November 4, 2020 @ 11:48 am By Samantha Hurst  |  

Options, a provider of cloud-enabled managed services for the global capital markets, announced on Wednesday it has extended its Registered Vendor status to Cboe’s European equities market. Options noted it already holds Registered Vendor status for Cboe’s US equities markets. “In partnering with Cboe, one… Read More

November 4, 2020 @ 8:56 am By Omar Faridi  |  

Nasdaq Dubai has welcomed the listing of $600 million Sukuk by the Islamic Corporation for the ongoing development of the nation’s private sector. According to a release shared with Crowdfund Insider, the Sukuk offering was allocated to investors based in the Middle East, Asia and… Read More

November 4, 2020 @ 8:27 am By Samantha Hurst  |  

Bank of Ireland announced on Tuesday it is now offering Apple Pay to its customers.  The banking group claims that Apple Pay is a safer, more secure and private way to pay that helps customers avoid handing their payment cards to someone else, touching physical… Read More

November 3, 2020 @ 12:37 pm By Samantha Hurst  |  

BrokerTech Ventures, a broker-led convening platform and accelerator focused on delivering “innovation” to the insurance broker industry, recently announced it has opened the application window for its 2021 BrokerTech Ventures Accelerator program. According to BrokerTech,  the concept of the BrokerTech Ventures Accelerator is to be… Read More