Global

April 29, 2020 @ 9:59 am By JD Alois  |  

Incomlend, a global online invoice trading platform, has been recognized at the Global Trade Review (GTR) Leaders in Trade Awards 2020 as the “Best Fintech Startup”. GTR recognizes global top-performing companies in trade, commodity, supply chain, export finance, and fintech markets. Since launching in December… Read More

April 29, 2020 @ 8:30 am By JD Alois  |  

Deposit Solutions, a Fintech based in Hamburg, Germany, is reporting some solid numbers. According to the company, its Open Banking platform has now transmitted a total volume of €25 billion in savings deposits, up from €16 billion 12 months ago. Deposit Solutions now reports 150… Read More

April 29, 2020 @ 8:01 am By JD Alois  |  

Tandem Bank says that over half of its customers are using its AI-enabled Autosavings feature after one year of availability. The Autosavings feature is designed to effortlessly build an individual’s savings account for them. Tandem notes that even prior to Covid-19, the company found that… Read More

April 29, 2020 @ 7:36 am By Omar Faridi  |  

The Bitcoin Association, which is focused on the development and promotion of Bitcoin “Satoshi Vision” (SV) (a controversial Bitcoin Cash (BCH) fork whose developers and community claim that their project is the “real” Bitcoin or how its creator, Satoshi Nakamoto, intended it to be), claims… Read More

April 29, 2020 @ 1:35 am By JD Alois  |  

Blockchain Trust Solutions BCTS is introducing a blockchain network, SwissDLT, that is said to combine Swiss features such as “reliability, security, neutrality” along with being compatible with other common blockchain systems, according to a release. BCTS has developed the solution with its infrastructure partner Axpo… Read More

April 28, 2020 @ 4:33 pm By Samantha Hurst  |  

Samsung announced on Monday that TRON now has a dedicated section in the Samsung Galaxy store that features apps built using its blockchain. According to Samsung, app store users in the U.S. and Europe who are using Samsung smartphones are able to experience the “next-generation… Read More

April 28, 2020 @ 4:26 pm By Omar Faridi  |  

UK-based ikigai, the developer of a wealth management and banking app, will be working with TruNarrative, a regulatory technology (Regtech) platform, in order to prepare for its official launch. The Wealthtech firm has taken its name from a Japanese concept or idea which means “a… Read More

April 28, 2020 @ 10:10 am By JD Alois  |  

Christian Faes is the founder and Chairman of one of the most successful Fintechs in the UK. While there may be better-known names in the Fintech world, LendInvest, a property finance platform, has emerged as a leader not only in the sector of finance it… Read More

April 28, 2020 @ 8:26 am By JD Alois  |  

Taulia has officially announced a strategic alliance with the largest US Bank JPMorgan (NYSE:JPM). According to a release, the partnership is said to create a unique trade finance solution for JPM clients. Crowdfund Insider covered the partnership this past weekend. Going forward, JPMorgan’s clients will… Read More

April 28, 2020 @ 7:43 am By Omar Faridi  |  

Digital bank Revolut has reportedly partnered with Adzooma, a digital advertising platform, in order to provide assistance with marketing to its business clients. Adzooma’s proprietary software has been developed specifically to help SMEs with establishing effective online marketing strategies. The Adzooma platform may be used… Read More

April 28, 2020 @ 7:35 am By Omar Faridi  |  

Malta-based Gate.io, a blockchain asset exchange, has released the latest version of the GateChain test network (testnet), which features several updates such as a redesigned network module and a newly developed consensus mechanism. This is reportedly the third version of the GateChain testnet which can… Read More

April 27, 2020 @ 11:14 pm By Omar Faridi  |  

Storj, a decentralized data storage network, has introduced a program that offers free cloud storage space to organizations taking part in Coronavirus (COVID-19) research. Storj’s program has been launched after contributions were made by blockchain industry participants toward the decentralized scientific research network, Folding@Home. The… Read More

April 27, 2020 @ 11:12 pm By Omar Faridi  |  

Global Ventures, a Dubai-based venture capital firm that recently finalized a $50 million investment round, has released a new report that discusses the state of Fintech in the Middle East region. Global Ventures’ extensive 59-page report covers the ongoing growth and development of the Fintech… Read More

April 27, 2020 @ 9:18 pm By Omar Faridi  |  

In the South American country of Argentina, where most people prefer to make cash payments, a strict nationwide lockdown (due to COVID-19) has forced local consumers into considering digital banking and online payments options. Before the Coronavirus-related lockdown went into effect on March 20, 2020,… Read More

April 27, 2020 @ 6:10 pm By Omar Faridi  |  

Challenger Bank Zelf is reportedly planning to introduce its digital banking offering which will operate exclusively through widely-used messaging apps. The Latvian Fintech firm claims that it has already signed up more than 58,000 users, who are waiting for the official launch of Zelf’s virtual… Read More

April 27, 2020 @ 3:48 pm By Samantha Hurst  |  

Rapyd, a global B2B Fintech as a Service provider, announced on Monday it has made a major expansion of its mass-payout platform, Rapyd Disburse. Rapyd reported it has made significant investments in the Rapyd Global Payments Network in Europe and the Americas, and now offers… Read More

April 27, 2020 @ 1:26 pm By JD Alois  |  

The UK government has announced a new loan program for smaller firms. The “Bounce Back Loans” are 100% backed by the government providing access to credit ranging from £2,000 to £50,000. The loans will be interest-free for the first 12 months, and businesses can apply… Read More

April 27, 2020 @ 1:01 pm By JD Alois  |  

  It is a wonder why people still drive to a bank branch just to wait in a queue when just about every type of financial transaction can be handled directly on your iPhone today. Habits can be hard to break – especially if you… Read More

April 27, 2020 @ 11:45 am By JD Alois  |  

Founded in 2007, Bamboo Capital Partners is an impact investing platform that provides innovative financing solutions to bridge the gap between seed and growth-stage funding.  Bamboo aims to improve the lives of marginalized communities while delivering strong financial returns. Since inception, Bamboo reports having raised… Read More

April 27, 2020 @ 10:21 am By Omar Faridi  |  

Euronext, a leading European securities exchange, will be acquiring 70% of the shares of VP Securities, a Danish post-trade utility service. The shares will reportedly be acquired from existing owners, which include Denmark’s reserve bank, Danske Bank, Nykredit, Nordea and Jyske Bank Euronext’s management confirmed… Read More