Global

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

Expense Management Firm Emburse Launches Global Reimbursements Platform that’s Powered by TransferWise

Emburse, a company focused on providing expense management solutions and accounts payable automation, has introduced Emburse Global Reimbursements – which is powered by global money transfer service provider, TransferWise (which recently booked its 4th year of profitability while processing £67 billion in transfers in the… Read More

Franklin Templeton Leads Investment in Curve, a Digital Asset Security Firm

Franklin Templeton, an asset manager with over $1.4 trillion in assets under management, has announced an investment in Curv, a digital asset security firm. The news follows a $23 million Series A round and BNP Paribas completing a successful concept with digital assets using Curv…. Read More

EstateGuru Reports Over 1 Million Investments, Monthly Loan Volume Surpasses €10 million

EstateGuru, a crowdfunding marketplace for property-backed loans, is reporting that it has topped one million investments since platform launch in 2014. EstateGuru added that during August and September loan volumes surpassed €10 million each month. A strong and fast recovery from the COVID-crisis in Spring… Read More

Crypto Exchange LGO to Merge with Voyager Digital

LGO, a crypto exchange that services individual and institutional customers, will merge with Voyager Digital Ltd.,(CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2) a cryptoasset broker that provides retail and institutional investors with a turnkey solution to trade cryptoassets, according to a release. Voyager and LGO said… Read More

Over 2,800 CoinList Users Contributed $54 Million in Ethereum (ETH) that’s Locked Up Across NuCypher’s Newly Launched Mainnet

The CoinList team confirms that on October 15, 2020, their friends at NuCypher were able to launch their mainnet, bringing the NuCypher WorkLock period on CoinList to “a successful end.” CoinList noted that participants in the WorkLock were able to stake their Ethereum (ETH) directly… Read More

Tel Aviv’s Fuse.io, a Platform Leveraging DeFi Instructure to Help Turn Communities into Economies, has Launched on Product Hunt

Mark Smargon, CEO at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” has confirmed that the Fuse.io project has now been launched on ProductHunt… Read More

Mastercard, IDEMIA, MatchMove to Test Fingerprint Biometric Card in Asia to Improve Security of Contactless Payments

Mastercard, IDEMIA, and MatchMove will be piloting a fingerprint biometric card in Asia in order to improve the security and safety of contactless payments. According to a release, Mastercard will be partnering with IDEMIA, which offers “Augmented Identity” solutions, and MatchMove, a Singapore-based Fintech firm…. Read More

Lending Marketplace Lendio Provides $500,000 in Microloans to Women Owned Businesses in Kiva Parntership

Lendio, an SME lending marketplace, has announced that “Lendio Gives,” its employee-contribution and employer-matching program, has provided more than 20,000 Kiva micro-loans to entrepreneurs in the developing world with 19,417 delivered to women-owned businesses in 79 countries. Kiva is a non-profit lending platform well known… Read More

Paysafe’s Latest Research Reveals: 80% of North American In-Store SMEs That Have Diversified Online Or Enhanced Their Card-Present Payment Offerings During COVID-19 Pandemic Sees Positive Impact

Global payments provider Paysafe announced on Wednesday its latest research reveals four-fifths (80%) of North American in-store small and medium-sized businesses (SMBs) that have diversified online or enhanced their card-present payment offerings during the COVID-19 pandemic have seen a positive impact. Paysafe stated the research… Read More

Global Digital Asset and Cryptocurrency Association Makes Official Debut

The Global Digital Asset and Cryptocurrency Association (Global DCA) announced on Wednesday it has officially launched to guide the evolution of this new technology within a regulatory framework designed to build public trust, foster market integrity, and maximize economic opportunity for all participants. The Global… Read More

Visa Launches “Visa Tap to Phone” in More Than 15 Markets With Plans to Expand into the U.S.

  Visa (NYSE: V) announced on Wednesday after piloting Visa Tap to Phone over the past year, the financial giant is now making the product available in more than 15 markets with plans to expand to the United States and accelerate global product growth in… Read More

PayPal Joins the Crypto Bandwagon, Bitcoin Rises in Price

With the announcement that PayPal will now enable trading and payments in crypto, the world’s most popular digital currency – Bitcoin has jumped in price. At last glance, Bitcoin is trading over USD$ 12,700 – earlier today it was under $12,000. Shares in PayPal neared… Read More

PayPal to Allow Users to Buy, Sell, and Pay in Crypto in Partnership with Paxos

  PayPal (NASDAQ:PYPL) has partnered with Paxos to allow users to buy, hold, sell crypto, and pay in crypto by using the PayPal wallet in a new partnership with Paxos. The decision to incorporate digital assets is another sign of corporate acceptance of digital currency…. Read More

Waves Association Is Offering 1 Million WAVES or $2.9 Million via its Blockchain Developer Grant Program

Waves Association, a non-profit organization that’s focused on the development of innovative technologies for the Waves (WAVES) protocol, will be offering a grant program of 1 million WAVES tokens – which are valued at around $2.9 million at the time of writing. The grant program… Read More

Global Digital Finance Hammers UK FCA’s Decision to Ban Crypto Derivatives for Retail Investors, Says UK Fintech Innovation at Risk

Earlier this month, the UK Financial Conduct Authority (FCA) announced a ban on the sale of crypto derivatives and exchange-traded notes (ETNs) that reference cryptoassets for retail investors. The ban is scheduled to go into effect on January 6, 2021. Many cryptoasset insiders have criticized… Read More

Crowdcube Reports Strong Q3 Revenue, Comments on Merger with Seedrs

Crowdcube, the largest investment crowdfunding platform by volume in the UK, is reporting strong Q3 revenues, according to a blog post. Crowdcube said that as the COVID-19 health crisis lingers is marketplace continues to deliver solid results. In Q3, Crowdcube generated top-line revenue of £2.67… Read More

Brazil Is Reportedly Planning to Conduct IPO for Caixa Econômica Federal, which has Built a Digital Banking Platform during COVID-19 Crisis

Paulo Guedes, the Minister of Economy in Brazil, recently noted that the country is planning to join the Organization for Economic Cooperation and Development (OECD), which is an intergovernmental economic organization with over 30 member countries. The OECD aims to promote economic growth and also… Read More

UK Fintech Modulr Reveals that its Dublin based Entity Is Now Licensed as EMI by Central Bank of Ireland

UK-based Modulr, a Payments as a Service API Platform for digital businesses, has revealed that its Dublin-based entity is now licensed as an electronic money institution (EMI) by the Central Bank of Ireland. The Modulr team noted: “This is an important step in enabling our… Read More

American Express and Coupa to Expand Partnership to Bring Virtual Card Payments to US Markets

American Express (NYSE:AXP) and Coupa have announced that they’ll be expanding their existing partnership in order to bring virtual card payments to the US. According to a release, the American Express virtual Card payment option within Coupa Pay is now available globally, allowing companies to… Read More

CapitalStackers, a P2P Lender focused on Real Estate Finance, Invests Outside its Normal Corridor of Expertise, Works with New Senior Lender

Steve Robson, MD at CapitalStackers, a UK-based peer to peer (P2P) lending platform focused on real estate finance, notes that they’re working with a new borrower, a new location, and also a new bank. The company states in a blog post: “A highly attractive scheme… Read More

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