Global

We find Fintech news from around the world and share it with you here.

US and Asian Wealth Management Professionals Discuss Financial Planning and Effective Use of Robo-Advisory Services

When discussing wealth management strategies and how Fintech solutions can help investors better manage their portfolios, analysts often talk about how to create new wealth. They may discuss goal setting, risk profile management, and investment management. Dr. Sekar Jaganathan, Director of Digital Strategy at Kenanga… Read More

BitPay Adds DogeCoin to List of Supported Cryptos, Confirms NBA Team Dallas Mavericks are Early DOGE Adopter

BitPay is welcoming Dogecoin (DOGE) to its list of supported digital currencies. This new addition is now being supported via the BitPay Wallet app and at all of BitPay’s enabled merchant locations. The Shiba-Inu based crypto-asset Dogecoin has become quite popular, especially with billionaire Elon… Read More

Crypto Fraud: Roger Nils-Jonas Karlsson Pleads Guilty to Securites Fraud, Money Laundering in Scam that Pilfered Over $16 Million

Roger Nils-Jonas Karlsson, 47, has pleaded guilty to securities fraud and money laundering pertaining to a scam that defrauded more than 3,500 victims of more than $16 million, according to the US Department of Justice. Karlsson apparently directed his victims to make investments using virtual… Read More

Latam: Piemonte Holding Launches Bond Trading Platform Using Blockchain by Horizon

Piemonte Holding has launched a bond trading platform using blockchain technology. The new marketplace is said to be the first of its kind in Latin America. The platform is designed to enable Piemonte’s investors to trade R$150 million in debentures all using the Ethereum blockchain…. Read More

France: Micro-Lender Mansa Raises €6 Million in Equity

Mansa, a micro-lender based in France that targets the self-employed or gig-economy workers, has raised €6 million in equity in a Series A Funding The round brings its 12-month funding total to €20 million.  €12 million of the funding is reported to be for lending…. Read More

Mexico’s Salary Advance Fintech Startup Minu Secures $14M in Capital via Series A Round to Enhance Product Offering

Mexico’s salary advance startup Minu has secured $14 million in capital through a Series A funding round. Minu’s investment round was led by FinTech Collective along with contributions from VEF, XYZ Ventures, and FJ Labs. DocuSign founder Tom Gonser and Gusto CFO Mike Dinsdale took… Read More

Digital Banking Challenger Revolut Provides Updates on its Work from Home Policies, Claims to Employ Professionals from Over 100 Nationalities

Prominent digital bank Revolut is offering the opportunity to get a 1-month trial of the Revolut for Company Grow plan or Revolut for Freelancer Pro plan for free. To take advantage of this offer, users need to upgrade their plan to Company Grow or Freelancer… Read More

Monite Launches Finance Management Platform, Raises €1.1 Million

Berlin-based Monite has raised €1.1 million in pre-seed funding in advance of the launch of a finance management platform. Investors in the round include Tomahawk VC, signals Venture Capital, InVentures, and Runa Capital. Ex-Deutsche Bank board Ralph Müller, Postbank Board Member Lars Stoy, ex-Global Head… Read More

Électricité de France S.A. Joins Hedera Governing Council

Hedera Hashgraph, an enterprise-focused blockchain ecosystem, has announced that Électricité de France S.A. (EDF) has joined the Hedera Governing Council. EDF is a top global utility company with customers around the world. EDF is the 19th Council member, joining a growing network global enterprises and… Read More

Pankaj Balani: Delta Exchange CEO Predicts that Crypto Derivatives will Grow Significantly in Coming Years, but 2021 Is the Year of Options

We recently connected with Pankaj Balani, Co-founder and CEO at Delta Exchange, an established digital assets derivatives trading platform. Delta Exchange offers cryptocurrency futures and derivatives trading across Bitcoin and major altcoins with up to 100x leverage. As previously reported, the company aims to support… Read More

SaaS Fintech Alchemy Expands into Latin America in Partnership with Círculo de Crédito

Alchemy, a back-end Fintech that provides SaaS banking services, has expanded into Latin America in a new partnership with the launch of decisioning services with Mexico-based Buy Now Pay Later (BNPL) lender, Círculo de Crédito, according to a note from the company. Alchemy says that… Read More

AllianceBlock Partners with DIA or Decentralized Information Asset, an Open-Source Financial Information Platform

AllianceBlock has partnered with DIA (Decentralized Information Asset), the open-source financial information platform that “sources and validates data” for market participants including DeFi platforms and also traditional institutions. According to AllianceBlock, the partnership will see DIA integrate “several elements” of AllianceBlock’s protocol, which has been… Read More

UK’s Banking Challenger Monzo Explains how it’s Rolling Out its Financial Services to US Customers

Monzo, a UK based digital bank that recently raised £50 million as part of a Series G extension,  recently explained that it basically offers a mobile banking platform that “puts you in control of your money.” While clarifying whether Monzo is, by definition or legally… Read More

BitMEX CEO Arthur Hayes Might Surrender to US Authorities as Exchange Is Facing CFTC Enforcement Action for Illegal Crypto Derivatives Trading

Arthur Hayes, the former CEO of digital currency derivatives exchange BitMEX, is reportedly holding discussions which would involve his surrender to US authorities as early as next month (April 2021). As reported in October of last year, Hayes and several other senior managers at the… Read More

Revolut Expands into Ten More European Markets with Digital Banking Services

Digital bank Revolut is expanding its banking services in 10 new European markets. According to a release, customers in the following countries may now utilize the Revolut banking app: Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia. Revolut, which currently claims over… Read More

SPACs: New UK Proposals for Rule Changes for London Special Purpose Acquisition Companies Could Help Attract More Tech Firms

The United Kingdom might reportedly consider making several key changes to London’s current listing rules post-Brexit. The country aims to remove a barrier that has prevented special purpose acquisition companies (SPACs) from choosing the European nation. The updates are meant to attract technology-focused public offerings…. Read More

Brendan Carroll from Chicago’s Victory Park Capital Says Banks and Fintechs Can Operate Effectively in New Business Environment

In early 2020, Opportunity Financial began evaluating whether it should go public. The online lending platform was interested in shifting focus away from the installment loan business to various other financial products (in order to improve its company profile). Jared Kaplan, CEO of the Chicago-based… Read More

British Business Bank Provides More Info on Recovery Loan Scheme and Future Fund Following Budget Announcement

The British Business Bank has distributed a response following the Budget presentation by the Chancellor of the Exchequer Rishi Sunik. The Bank has been a key factor in supporting UK businesses as it has managed a series of programs designed to backstop the economy. Within… Read More

BlackRock Says 100% of its Active and Advisory Portfolios were ESG Integrated and it Launched Nearly 100 Sustainable Funds in 2020

BlackRock (NYSE:BLK), the world’s largest asset manager, notes that last year they wrote to their clients and informed them that the company was making sustainability its “new standard” for investing. BlackRock confirmed that they had outlined how they were making sustainability “integral” to how they… Read More

Insurtech Lemonade Releases its Q4 2020 Financial Results, Now Claims Over 1M Customers in Just 4 Years of Operations

Lemonade (NYSE:LMND), a fast-growing Insurtech that emerged as one of the most successful initial public offerings of 2020 (and recently launched life insurance), has released its Q4 2020 and full year 2020 financial results. In its Letter to Shareholders, which is posted to Lemonade’s Investor… Read More

Send this to a friend