Global

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

Ondo Finance Secures EU Approval for Tokenized Stocks and ETFs

Ondo Finance has received formal regulatory approval in the European Union, clearing the way for its tokenized versions of stocks and exchange-traded funds (ETFs) to be offered legally across the entire EU and European Economic Area (EEA). The green light broadens the potential investor base… Read More

UK’s Digital Bank Zopa Introduces Investments to Help Brits Build Wealth

Zopa Group PLC, a digital bank reportedly being used by 1.6 million customers, has entered the Investments market in order to help the 15 million UK consumers who currently may hold excess cash and want to grow their money. Intended for the nation’s new generation… Read More

Fintech Airwallex Partners with European Payments Initiative (EPI)

Airwallex, a global financial platform for modern businesses, announced its partnership with the European Payments Initiative (EPI), which developed Wero, the European digital wallet. Via this collab, Airwallex becomes a Principal Member of EPI, allowing merchants on its platform to offer Wero Wallet as a… Read More

IG Teams Up with Upvest to Expand Investment Offering across European Markets

IG (LSEG:IGG), a global trading and investments platform, has selected investment infrastructure provider Upvest to power its stock and ETF trading offering in France, marking the first step in a broader European rollout. This partnership supports IG’s strategy to broaden its product offering through access… Read More

Bitso Reports Crypto Adoption Accelerating in Latin America

Latin America is having a “breakthrough” year in regard to crypto adoption. This is according to the Latam digital asset platform Bitso. Bitso cites data from a recent Coinchange regulatory report stating that Latin American crypto usage increased by 116% in 2024 and by 65%… Read More

Business Execs Increasingly Focusing on AI, Cost Management to Enable Growth, Report Claims

Despite a period of global change and uncertainty, CEOs are now said to be increasingly optimistic about their overall ability to effectively navigate new risks and capitalize on emerging opportunities. A survey shared by Deloitte finds CEOs looking ahead with a “renewed sense of optimism,”… Read More

LemFi Introduces Instant Access Savings Accounts with ClearBank

LemFi, the financial platform built for immigrants, announced the launch of its Instant Access Savings Account in the United Kingdom, powered by ClearBank, the enabler of real-time clearing and embedded banking. Launching in the UK, its customers will earn interest on their savings, within the… Read More

Mexico is set to be Latin America’s Next Fintech hub. Here’s Why.

Investment in LatAm Fintech startups reached $6.1 billion in 2022, and the region continues to demonstrate its potential. Latin America used to be dominated by cash and traditional banks, but it has now turned into one of the world’s key markets for digital finance. Brazil… Read More

Tether Announces Investment in Ledn, Enabling More Opportunities in Bitcoin Backed Lending

Tether, which claims to be one of the largest companies in the digital asset industry, announces an investment in Ledn, one of the global market leaders in consumer bitcoin-backed loans. The investment underscores Tether’s commitment to building real-world financial infrastructure that empowers individuals and businesses… Read More

British Business Bank’s Investor Pathways Capital Initiative Now Taking Microfund Applications to Support Fund Managers

The British Business Bank has opened applications for Microfunds as part of its new £400m Investor Pathways Capital initiative. Microfunds is dedicated to supporting very early-stage investors from a wide range of backgrounds in building investment track records and launching their first venture capital funds…. Read More

Kraken Announces $800M Round at $20B to Enable Business Growth

Digital assets investment platform Kraken is announcing that they have now raised $800 million across two tranches to accelerate our strategy of bringing traditional financial products on-chain. The crypto exchange also mentioned that the primary tranche has reportedly been led by investors Jane Street, DRW… Read More

Revolut Announces Integration of Polygon for Payments, Trading, Staking

Revolut, Europe’s neobank and reportedly one of the world’s fastest-growing fintech platforms, has integrated with Polygon for stablecoin transfers, payments, and trading. By November of this year, more than $690 million in volume was reportedly processed via Polygon in the Revolut app. With (reported) 65… Read More

UK’s Assetz Capital Announces £150M Facility from Cambridge and Counties Bank to Enable Property Development

Assetz Capital is pleased to announce a new partnership between their firm and Cambridge & Counties Bank (CCB), making £150 million available to fund SME residential developments across the UK. This collab brings together two UK lenders with shared values around steady growth, regional expertise,… Read More

Small Businesses in Australia Struggling to Keep Up with Larger Retailers, Report Reveals

Over half of small businesses (58%) say Black Friday has overtaken Boxing Day as Australia’s biggest sales or revenue-generating event, but significantly fewer are participating this year, due to affordability concerns in an increasigly tough economic environment. This, according to research from global small business… Read More

London Sees Sharpest Coworking Cost Decline in Europe as Living Costs Stabilize : bunq

A slowdown in cost increases across Western Europe, along with increasing prices in parts of Eastern Europe, is resulting in a more varied picture of affordability for expats as well as remote workers, according to European digital bank bunq’s research findings from the Working Abroad… Read More

Autumn Budget: More Support Needed for SMEs

The Autumn Budget will be presented next week on November 26th. Chancellor of the Exchequer Rachel Reeves has her work cut out for her as the UK is experiencing mediocre growth, sticky inflation, and high government debt. Expectations that some taxes may rise, but any… Read More

Revolut Announces Global Payments Partnership with Travel Platform Booking.com

Revolut, the global fintech currently claiming more than 65 million global customers and various business customers, has announced a global payments partnership with one of the world’s online travel platforms, Booking.com. Expanding Revolut’s travel offering for customers, Booking.com customers can now pay via Revolut Pay,… Read More

AI Is Enabling Digital Transformation of Finance and Key Business Processes : Analysis

Artificial intelligence (AI) is now becoming a key driver in accounting and is also said to be noticeably changing processes. Over half of companies (53 percent) currently use AI in this area or are “in the process of implementing it.” This is shown by the… Read More

FCA Approves Another PISCES Operator, JP Jenkins, as UK Looks to Improve Private Markets

The Financial Conduct Authority (FCA) has approved the second PISCES, or Private Intermittent Securities and Capital Exchange System, for JP Jenkins. The first platform approved was by the London Stock Exchange Group (LSEG) in September. PISCES is an initiative to improve the market for private securities… Read More

Swiss Stock Exchange SIX Reports CHF 1 Trillion+ in Global Assets Under Custody

The international custody business of SIX has now reportedly surpassed CHF 1 trillion in international assets under custody for the “first time” as the business claims that it is experiencing a solid year. Steady demand for SIX’s custody services was underpinned by the recent international… Read More

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