Global

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

Brazil’s Nubank Submits Application for US National Bank Charter

Brazil’s digital banking platform Nubank (NYSE: NU) has submitted an application for a US national bank charter, furthering its focus on international expansion expansion. Currenty active across Brazil, Mexico as well as Colombia, a national bank charter from the Office of the Comptroller of the… Read More

B2B AI Software: AI Venture Builder Raises Money on Republic Europe

AI Venture Builder (AIVB) is a startup that aims to launch B2B AI-driven software. The company states that it will create scalable AI ventures in various industries, including defence, Medtech, fashion, and finance. AIVB is now raising money on Republic Europe. According to the offering… Read More

Swiss Bank Sygnum Introduces BTC Alpha Fund with Starboard Digital to Generate Yield on Bitcoin

Sygnum, a global digital asset banking group, announces the launch of the Starboard Sygnum BTC Alpha Fund in collaboration with Starboard Digital and Starmark as AIFM, with Sygnum providing “regulated distribution and banking infrastructure.” The fund addresses demand from investors “seeking to generate yield on… Read More

Swiss Stock Exchange SIX Announces Axxion as Issuer of Exchange Traded Funds (ETFs)

SIX announces Axxion as a new issuer of Exchange Traded Funds (ETFs) with the listing of the Frankfurter UCITS-ETF – Modern Value. This launch expands investment opportunities for Swiss and international investors, highlights SIX’s commitment “to diversity and quality in its ETF marketplace, and further… Read More

Fintech Nium Introduces Global Collections to Enable Cross-Border Collections for Banks

Nium, the global infrastructure for real-time cross-border payments, today announced the launch of Global Collections for banks, a solution designed to allow banks to offer local currency receivables to their customers in multiple countries. Nium’s Global Collections is a white-label solution that “enables banks to… Read More

PISCES: Crowdcube Partners with London Stock Exchange Group (LSEG) to Expand Private Securities Offerings

Crowdcube has teamed up with the London Stock Exchange. According to the company, Crowdcube investors will soon be able to gain access to late-stage, high-growth private firms listed on LSEG’s new Private Securities Market (PISCES). The London Stock Exchange is the first, and currently only,… Read More

UK’s Funding Circle Scraps Forex Fees, Offering SMBs a Global Credit Alternative

Funding Circle (LSE: FCH), an SME finance platform, has removed foreign transaction fees across its business card portfolio, including the FlexiPay card and its Cashback Business Credit Card. This is expected to challenge the current UK market status quo, where SMEs have been forced to… Read More

Swift and Chainlink Aim to Unlock Next Evolution of Global Finance

As a key moment for the global financial system and blockchain industry alike, Swift announced it is launching a new blockchain-based ledger. Chainlink acknowledges the wok of their partner Swift and the broader Swift community on “adopting blockchains and oracle networks as a key next… Read More

The Top Ten Issuers by Valuation Increase Who Raised on Republic Europe

Investment crowdfunding is not just defined by enabling private firms to raise growth capital but by how these offerings perform for investors. Over time, if investors learn that investing in private securities is a bad decision, this sector of Fintech will stumble. CI has always… Read More

Revolut Remains Worst UK Company for Fraud Complaints Claims Which?

Digital bank Revolut has reportedly recorded the highest number of fraud and scam complaints that had been referred to the Financial Ombudsman Service (FOS). Data reviewed by Which? found that fraudulent activity complaints from clients of the digital banking service provider had outnumbered all other… Read More

Re7 Capital to Offer Bitcoin Yield Fund on Starknet

Re7 Capital will soon launch a Bitcoin yield fund, thus entering a hot sector of crypto. The fund is expected to be available to investors beginning this month on Starknet. Starknet is a Layer 2 blockchain that claims to validate off-chain transactions using advanced mathematics… Read More

CoinShares to Acquire Bastion Asset Management to Enhance Actively Managed Digital Assets Capabilities

CoinShares International Limited (OTCQX: CNSRF), the European asset manager specializing in digital assets with ~US$10 billion in AuM, announced the acquisition of Bastion Asset Management Limited, a London-based, FCA-regulated crypto-focused alternative investment manager. The acquisition is subject to regulatory “approval from the UK Financial Conduct… Read More

Chainlink Enables Tokenized Fund Workflows with Swift Messaging in Collaboration with UBS

Chainlink announced a technical solution enabling financial institutions worldwide to manage digital asset workflows from their systems “using Swift messaging and the Chainlink Runtime Environment (CRE).” With Swift messages and CRE, banks and institutions can “access blockchains through the same Swift infrastructure they have relied… Read More

European Digital Bank N26 Introduces Banking Platform in France

N26 has announced the launch of its PEA (Share Savings Account), with no brokerage fees, to allow French people to “save and invest for the future while benefiting from tax treatment.” With its PEA offering, N26 allows French people “to invest in the largest European… Read More

Blockchain and Web3 focused Consensys to Support Swift with Early-Stage Prototyping

Consensys shared that it is supporting Swift with early-stage prototyping as the global financial infrastructure adds a blockchain-based digital ledger to its technology stack. Swift’s move is a pivotal one for global finance, “beginning with instant, always-on cross-border payments at unprecedented scale.” For more than a… Read More

Deutsche Börse Group and Circle to Support Stablecoin Adoption in Europe

Deutsche Börse Group and Circle Internet Group, Inc. (NYSE: CRCL)  signed a Memorandum of Understanding (MoU) to collaborate on the use of Circle’s EURC and USDC stablecoins “within Deutsche Börse’s financial market infrastructure.” This agreement in Europe aims to deliver new solutions for market participants… Read More

Regtech: LSEG Reveals Compliance and Data Automation: World-Check On Demand

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LSEG Risk Intelligence has announced World-Check On Demand, a platform that is said to provide actionable intelligence to mitigate risk and adhere to compliance demands. The service is said to be real-time, allowing clients to better manage risk. The company states that 98% of financial… Read More

ABN AMRO Leverages Mambu to Support Neobanking Platform BUUT

Mambu, the SaaS cloud banking platform, announced today its successful collaboration with ABN AMRO to support BUUT, a bank designed to help younger consumers better manage their money/finances. The neobank was brought to market in 12 months. BUUT is a full-service bank that offers a… Read More

Instant Payments on Track to Top $110 Trillion

Instant payments, which are the transfer of value without any delay, are predicted to surpass $110 trillion by 2029, almost doubling the $60 trillion that is already occurring today. In a report published by Juniper, instantaneous payments are being driven by regulation, including FedNow in… Read More

Signicat’s ReuseID Maintains Verified Identities

Signicat, an identity services provider, has introduced ReuseID, a digital identity solution that enables organizations to create, manage, and reuse verified identities across their entire ecosystem. This launch coincides with Europe’s advancement of the European Digital Identity Wallet (EUDI Wallet), the enactment of eIDAS 2.0, and an intensifying demand for… Read More

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