Global

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

Chinese Global Public Blockchain or DLT Evaluation Index Ranks Bitcoin in 14th Place, EOS Ranked at Top Again

The Blockchain Research Institute, which is managed by China’s Center for Information and Industry Development (CCID), has published its (17th) latest Global Public Chain Technology Evaluation Index. The distributed ledger technology (DLT)-focused index ranks 37 of the most prominent or widely-used public blockchain networks. It… Read More

China: Zhejiang University International Business School Announces Fintech Masters Program

Zhejiang University International Business School (ZIBS) has announced a new English taught Masters program. The Masters of Fintech will be taught in the Zhejiang Province – a leading center of Fintech innovation and home to Ant Financial (part of Alibaba) one of the largest Fintech companies… Read More

Thor Chan: Atomic Asset Exchange CEO Explains why Company’s Trading Platform Leverages LSEG Tech, Also Used by London Stock Exchange

We recently caught up with the developers of the Atomic Asset Exchange (AAX), a Malta-based cryptocurrency trading platform that’s powered by LSEG technology, which is a part of the London Stock Exchange Group. Thor Chan, the CEO at AAX, explained why his company’s exchange platform… Read More

HM Treasury Expected to Announce Support for Startups Hit by COVID-19 Crisis

Startups and early-stage firms are vital to any economy that seeks to foster robust growth and wealth creation. Yet many early-stage firms are focused more on growth than earnings, and thus would not qualify for the programs bundled together by the UK government during the… Read More

Fintech Clim8 Quickly Tops Crowdfunding Goal on Crowdcube

Clim8, an App-based startup for sustainable investing, has quickly topped its £400,000 crowdfunding goal on Crowdcube. As it stands today, Clim8 has raised £474,479 from 249 investors. The company is issuing equity at a pre-money valuation of £3.384 million or a per-share price of £24.97…. Read More

Global Agriculture Supply Chains Cargill & Agrocorp Collaborates With Rabobank to Complete Cross-Continent Commodity Transaction of Wheat on a Blockchain Platform Provided By dltledgers

Dutch multinational banking and financial services group Rabobank announced on Monday it has collaborated with global agriculture supply chains Cargill and Agrocorp to completed a cross-continent commodity trade transaction of wheat from North America to Southeast Asia on a blockchain platform provided by Singapore-based dltledgers…. Read More

COVID-19 Relief: Salary Finance Integrates SpringFour’s Fintech Solutions to Offer Resources to Customers Experiencing Financial Challenges

London-based Salary Finance, a firm that specializes in salary-linked savings and loans for workers across the UK, has integrated SpringFour, a Fintech solution provider that connects customers and employees to various productivity resources, tools and financial products. Through the integration, Salary Finance will offer free… Read More

Digital Assets: tZERO Adds Support for Tezos Blockchain

Overstock‘s (NASDAQ:OSTK) subsidiary tZERO has added support for the Tezos blockchain. Recently, Tezos has seen renewed interest in its public blockchain specifically from digital securities issuers. tZero is a digital asset platform and the addition of Tezos marks the first blockchain outside of Ethereum supported… Read More

Q1: EstateGuru Reports 2X Investor Base Increase and Growth in Loan Origination Amounts

EstateGuru, a European marketplace for property-backed loans to SMEs, is reporting a solid first quarter – even while the COVID-19 pandemic emerged in the latter half of the period. EstateGuru claims that 8092 new investors joined the platform during Q1 in contrast to 3927 during… Read More

Digital Asset Marketplace Apifiny Receives Crypto License Exemption in Singapore

Apifiny, a digital asset marketplace that seeks to enable institutional trading across multiple regulated exchanges, announced on Tuesday it has been granted an exemption by the Monetary Authority of Singapore (MAS) from holding a license under that country’s Payment Services Act (PSA). Founded in 2019, Apifiny describes itself… Read More

Central Bank Digital Currencies Increasingly Being Considered by Governments, as AML/CFT Regulations Tighten: Report

New York-based BitOoda, a digital asset and Fintech firm, recently published its cryptocurrency market regulatory analysis report. Governments throughout the world are struggling to deal with the devastating economic consequences of the deadly Coronavirus (COVID-19) pandemic. The BitOoda team reveals: “We’ve noted an uptick in… Read More

Revolut Now Allows in App Donations to Médecins Sans Frontières

Digital bank Revolut has announced a partnership with Medecins Sans Frontieres (MSF) (Doctors without Borders) to provide support for communities affected by the COVID-19 pandemic. Revolut customers in EEA countries will be able to donate via an in-app feature to help people in need during… Read More

UK-based Agile Transformation Firm, Agilesphere, Merges with Fimatix to Launch Govtech and Fintech Businesses

UK-based Agilesphere has confirmed its merger with Fintech firm Fimatix. Both companies will establish a government technology (Govtech) and Fintech-focused business. Agilesphere is an agile transformation organization that offers customized services to help and support business transformation processes. The company’s consultants are experienced in working… Read More

UK Fintech STICPAY Introduces Prepaid STIC Card for its Digital Wallet Platform

UK-based Fintech firm STICPAY has launched a prepaid STIC card for its digital wallet solution. The new payment option will allow users to make withdrawals and spend their funds through the STIC card. The Fintech firm noted that all STIC cards have a base currency,… Read More

Australia: Prospa to Participate in Government’s SME Guarantee Program

Online lender Prospa Group Limited (ASX: PGL) has received access to the Australian government’s SME Guarantee Scheme to support small businesses impacted by the COVID-19 pandemic. The Fintech believes it is uniquely placed to implement the Government’s initiative. The Coronavirus Small and Medium Enterprises Guarantee… Read More

Dubai-based VC Firm, Global Ventures, Secures $50 Million in Capital, Company’s Managing Partner, Basil Moftah, Confirms

Dubai-based Global Ventures, a venture capital firm established by Noor Sweid who was previously involved with the Dubai Future Foundation and Leap Ventures, has secured $50 million in capital. This, according to Basil Moftah, the firm’s managing partner, who shared the details of the investment… Read More

Fintech TransferWise Reveals that 25% of its Cross-Border Money Transfers Are Now Near-Instant, Arriving in Less than 20 Seconds

Kristo Käärmann, co-founder and CEO at London-based TransferWise, a privately-held Fintech firm that allows individuals and businesses to send money abroad at affordable and transparent rates, revealed that 25% of the cross-border transfers facilitated by the firm are now instant. Earlier this month, the TransferWise… Read More

DealSquare Milestone: Achieves Full Digitalization of Private Placement Process in Canada By Launching Version 2.0 Platform

Dealsquare, securities marketplace for private placements, announced on Monday it has achieved full digitalization of private placement process in Canada by launching its Version 2.0 platform. Founded in 2019, DealSquare describes itself as a centralized digital platform to access capital within the private markets, connecting capital… Read More

Fintech Zopa Reveals that Most Experts Say Consumer Lending Performance will be Less Volatile than Property Development, Business Lending During Coronavirus Crisis

Fintech Zopa, which provides online lending services in a fund based fashion, notes that during these challenging times, the company has noticed how peer-to-peer (P2P) platforms have taken varied approaches to mitigate the disruption caused by the Coronavirus (COVID-19) outbreak. The Zopa team explains that… Read More

Lemon Way and Tokenization Platform Equisafe Form Partnership on Digital Securities

Equisafe and Lemon Way have formed a new partnership, according to a note from the companies. Lemon Way is a widely utilized payment platform. Lemon Way offers payment solutions for marketplaces providing a secure and regulated framework. Lemon Way obtained the Payment Institution license in… Read More

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