General News

January 23, 2023 @ 10:21 pm By Omar Faridi  |  

PrimaryBid, the capital markets Fintech bringing individual investors into public company fundraisings, has appointed Fiona Richards as Chief Operating Officer. Ms Richards joins PrimaryBid “from Rowan Dartington, the discretionary investment arm of St. James’s Place plc, where she was Chief Operating Officer and Board Director… Read More

January 23, 2023 @ 8:49 pm By Omar Faridi  |  

The PensionBee Impact Plan has been created in collaboration with BlackRock, specifically in response to PensionBee customer feedback. This is an innovative new product which delivers active impact investing “to mainstream investors; through the PensionBee Impact Plan savers are able to invest in companies whose… Read More

January 23, 2023 @ 12:00 pm By JD Alois  |  

Representative Bill Huizenga,  a member of the House Financial Services Committee and new Chair of the Subcommittee on Oversight and Investigations, has put Securities and Exchange Commission (SEC) Chair Gary Gensler on notice. In a Tweet, Huizenga said that oversight of the SEC is at… Read More

January 22, 2023 @ 11:17 pm By Omar Faridi  |  

Property Partner, which claims to be he UK’s leading fractional property investment platform, is rebranding as London House Exchange. The rebrand reportedly :follows an additional £2.4m of investment from US digital homeownership company, Better.” With the rebrand, London House Exchange (LHX) “reprises its original legal… Read More

January 22, 2023 @ 10:49 pm By JD Alois  |  

The British Business Bank has agreed to an initial £175 million “ENABLE Guarantee” for DF Capital, a subsidiary of Distribution Finance Capital Holdings plc. DF Capital received its banking license in September 2020. Headquartered in Manchester, DF Capital is a commercial lending and personal savings… Read More

January 22, 2023 @ 10:14 pm By JD Alois  |  

The Crowdfunding Professional Association (CfPA) has announced that Rebecca Kacaba, Etan Butler, and Andrew Savikas have agreed to join its board of directors. At the same time, the CfPA has revealed an updated strategic plan focused on the growth of the industry. Kacaba is the… Read More

January 22, 2023 @ 5:07 pm By Omar Faridi  |  

Orrick and Buckley jointly announced the strategic combination, which “responds to growing demand from the most innovative companies and financial institutions for forward-looking regulatory and enforcement advice.” It also responds “to demand from Fintech innovators, tech companies and their financial sponsors for holistic solutions to… Read More

January 21, 2023 @ 5:51 pm By Omar Faridi  |  

Sentinels, a Fenergo company and Europe’s intelligent transaction monitoring and client risk management specialist, announces the launch of its new platform solution for transaction monitoring. The SaaS platform is designed “to help financial institutions detect and eliminate financial criminality with greater speed and accuracy than… Read More

January 21, 2023 @ 10:17 am By Omar Faridi  |  

Channel Capital has appointed Bhoomika Kesaria as Head of Investor Relations. Channel is an FCA-regulated alternative investment fund manager (AIFM) “specializing in fintech, working capital and trade finance investments.” Since 2014, the London-headquartered company has “deployed more than $9 billion of assets across fintech lending and… Read More

January 19, 2023 @ 7:23 pm By Omar Faridi  |  

Chronosphere, the cloud native observability platform that puts engineering organizations back in control by taming rampant data growth and cloud native complexity, has raised an additional $115 million Series C funding. New investors “include GV (formerly Google Ventures) and Geodesic Capital, bringing Chronosphere’s total funding… Read More

January 19, 2023 @ 7:18 pm By Omar Faridi  |  

Abacus Group, the provider of hosted IT services and solutions to alternative investment firms, announces that it has acquired two boutique cybersecurity consulting companies, Gotham Security and its parent company, GoVanguard, both of which have solid track records of excellence in the cyber arena. Gotham… Read More

January 19, 2023 @ 10:36 am By Omar Faridi  |  

Nottingham Building Society has announced the appointment of Dr Gareth Hagger-Johnson as Director of Data Strategy (DDS). In this newly created role, Gareth will “develop a new data and insights framework for The Nottingham to increase the value of services to customers and deliver on… Read More

January 18, 2023 @ 11:46 am By JD Alois  |  

Payoneer Global Inc. (NASDAQ: PAYO) has announced a new Chief Financial Officer. According to a corporate statement, Bea Ordonez  – currently the Deputy CFO – will replace current CFO Michael Levine, who will step down in March. Ordonez will then report to Payoneer co-CEO John… Read More

January 18, 2023 @ 11:30 am By Omar Faridi  |  

Biz2Credit, an online funding provider to small businesses, announced the findings of its Small Business Inflation Study that “analyzed the revenues and expenditures of more than 140,000 U.S. small businesses from January 2019 to October 2022.” The Biz2Credit Small Business Inflation Study identified three distinct… Read More

January 17, 2023 @ 5:00 pm By Omar Faridi  |  

Andrew Ellam, former Chief of Staff to CTO and Head of Technical Program Management at Monzo Bank, joins the senior leadership team as VP of Technology at Climate X, a multi-award-winning global climate risk data & analytics provider based in London, UK. Andrew reportedly “brings… Read More

January 17, 2023 @ 4:58 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced a number of leadership changes as the company prepares for the next phase of growth. After 20 years of service, Max Chuard has “decided to step down from his role as CEO and a search to identify a new CEO is… Read More

January 17, 2023 @ 1:26 pm By Omar Faridi  |  

Deutsche Bank and its Blue Water Fintech Lab recently launched a Robotic Process Automation (RPA) commercialization program by “introducing a multibank Data Processing and Reconciliation Solution, its first commercial product.” Deutsche Bank is the first international bank in China “to offer this innovative solution to… Read More

January 17, 2023 @ 11:01 am By Omar Faridi  |  

NTT DATA UK&I, which claims to be a trusted global innovator in banking and IT services, has announced that it has appointed four new senior hires to its banking practice (banking solutions division), “demonstrating continued growth as an advisory business of the highest quality.” Banking… Read More

January 17, 2023 @ 6:17 am By Omar Faridi  |  

Mindtera, an Employee Assistance Program (EAP) platform in Indonesia, announces the close of their combined seed and seed extension round at $850K funding “led by East Ventures and with commitments from Seedstars International Ventures among other prominent angel investors.” Founded in 2021 by Tita Ardiati… Read More

January 16, 2023 @ 7:25 pm By Omar Faridi  |  

For the past 17 years the World Economic Forum’s Global Risks Report has warned about “deeply interconnected” global risks. Conflict and geo-economic tensions have “triggered a series of deeply interconnected global risks,” according to the World Economic Forum’s Global Risks Report 2023. These include energy… Read More