Global

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

Nium Introduces Global Platform For Crypto-as-a-Service, Extends its BaaS Solution to US Markets

Nium, a company focused on payments and card issuance for businesses, has launched a global Crypto-as-a-Service (CaaS) solution and announced the extension of its Banking-as-a-Service (BaaS) solution to the US markets. Initial API-based elements from the new CaaS offering will enable financial institutions to “add… Read More

Gibraltar Stock Exchange to be Purchased by Valereum Blockchain

Valereum Blockchain Plc (AQSE: VLRM) has signed an agreement to purchase 80% of the shares of the Gibraltar Stock Exchange (GSX). Terms of the deal were not disclosed. According to a statement by GSX Group, the exchange group will retain the remaining 20% of outstanding… Read More

Decarbonization The Focus of New Zumo Crypto Report

Crypto wallet and payments platform Zumo this week released the report Decarbonizing Crypto: A state of play. It is a cross-sector effort to explore the carbon footprint of cryptocurrencies and the task of decarbonization. The report also explores the complexities of decarbonization and how the… Read More

FTSE Russell, Digital Asset Research Release Digital Asset Index Series

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

FTSE Russell and Digital Asset Research (DAR) today announced the launch of the FTSE Russell Digital Asset Index Series. Debuting this week are the FTSE Bitcoin Index, the FTSE Ethereum Index and the FTSE Cardano Index. The FTSE Digital Asset Index Series is designed to… Read More

Stellar Development Foundation Reveals that Flutterwave has Introduced New Remittance Corridors

The Stellar Development Foundation (SDF) reveals that Flutterwave, an international payments tech firm, has introduced new remittance corridors between Europe and the MENA region on the Stellar network. Working with TEMPO, Flutterwave is focused on leveraging the Stellar network and Stellar USDC to simplify the… Read More

Accelerated Payments Tops €500 Million of Invoice Financing

Accelerated Payments has topped €500 million worth of invoice financing as it celebrates its fourth anniversary, according to a note from the Fintech.  The company also noted that it has expanded its UK office to support the increasing number of businesses that are grappling with supply… Read More

Jumio Introduces Orchestration for its KYX Platform to Provide Comprehensive View of Consumer Identities and Risk

Jumio, the provider of AI-enhanced identity verification, eKYC, and AML solutions, announced the launch of a no-code orchestration layer for its KYX Platform that “unifies an entire set of risk and fraud detection capabilities to address identity proofing, compliance verifications, and AML use cases.” As… Read More

AI Spend Management Platform Yokoy Raises $26 Million Series A

Yokoy, a firm that provides an AI-based spend management service for midsize and enterprise companies, has raised $26 million in a Series A round, according to a note from the company. The funding round was led by Left Lane Capital, with participation from Balderton Capital…. Read More

Digital Wallet Crypterium Obtains FCA Registration

Crypterium, a crypto wallet app that reports more than 400,000 clients in over 170 countries, has been registered with the UK Financial Conduct Authority  (FCA) to provide services to UK customers. According to a release, this registration ensures that Crypterium can continue to provide its… Read More

PensionBee Selects Clausematch Regtech for Compliance

Online pension provider PensionBee, has selected global Regtech Clausematch to manage its internal policies and controls, according to a release. PensionBee states that in preparation for its public listing on the London Stock Exchange, it first engaged Clausematch in 2020. PensionBee started by using the… Read More

WallStreetBets Founder Announces DeFi App

WallStreetBets founder Jaime Rogozinski told Money 20/20 attendees that he is launching the WSBDApp to facilitate securities trading by working with Digital Markets (DIGTL), Liquid and MERJ Exchange (MERJ) alliance to “provide access to exchange-traded portfolios, tokenized stocks of major global companies and other assets… Read More

Sysnet Global Solutions Acquires SecureTrust, a Unit of Trustwave, to Expand Security Solutions

Sysnet Global Solutions, a provider of cybersecurity and compliance solutions, reveals that it has acquired SecureTrust, a division of Trustwave, in order to expand its cybersecurity solutions and accelerate its ongoing market expansion. SecureTrust, a provider of Payment Card Industry (PCI) compliance, aims to offer… Read More

Assemble Protocol (ASM) Now Available on Coinbase for Trading

Assemble Protocol (ASM) is now available on Coinbase and in the Coinbase Android and iOS apps for trading. Coinbase clients are able to trade, send, receive, or store ASM tokens in “most Coinbase-supported regions, with certain exceptions indicated in each asset page here.” Trading for these… Read More

Facial Recognition Solution Provider, VisionLabs, Introduces New Biometric Payment Hardware

VisionLabs, the facial recognition company, has announced the launch of its biometric payment hardware — the VisionLabs LUNA POS Terminal. The certified terminal is the first payment device to enable traditional credit card payments and biometric facial recognition payments. With six design and three utility… Read More

Crowdcube Reports £3 Million in Revenue for Q3, Works on European Expansion in Advance of New EU Crowdfunding Rules

Crowdcube, a leading investment crowdfunding platform operating in the UK and continental Europe, has posted an update on platform performance. According to CEO and founder Darren Westlake, Crowdcube generated £3 million in top-line revenue during Q3 – down slightly from the £3.2 million generated in… Read More

Alternative Investment Platform YieldStreet Reports $2.4B+ Funded, $1.97B+ Invested, $1.2B+ Principal Repaid to Investors

YieldStreet, an investment crowdfunding platform for alternative assets, notes that they were founded on the principle that “access to and the distribution of income-generating investment products was fundamentally broken.” Yieldstreet’s primary goal is to offer investors access to alternative investments across asset classes that were… Read More

Fast Growing Crypto Exchange FTX “Finalizes” Acquisition of Futures & Options Provider LedgerX

FTX US (West Realm Shire Services Inc.), a digital asset marketplace affiliated with fast-growing crypto exchange FTX Trading, says it has finalized its acquisition of Ledger Holdings Inc., the parent company of LedgerX LLC. The FTX said it has also rebranded LedgerX to FTX US… Read More

Berlin based BNPL Billie Raises $100 Million at $640 Million Valuation

Berlin-based BNPL (Buy Now Pay Later) Billie has raised $100 million at a $640 million valuation according to a note from the Fintech. Simultaneously, Billie said it had received refinancing lines of $200 million per month. The capital will be provided by a consortium of German… Read More

UK’s PensionBee Now has More than 100,000 Invested Customers

Online pension provider, PensionBee (LON:PBEE) reveals that they now have more than 100,000 invested customers. We're pleased to announce that PensionBee now has over 100,000 Invested Customers! 🎉💛 pic.twitter.com/T3Ya2Ej1JE — PensionBee (@pensionbee) October 21, 2021 As previously reported, PensionBee is a leading online pension provider, helping… Read More

Seedrs Launches Private Deal Room for High Net Worth Individuals, Sophisticated Investors

Seedrs, a top European online investment platform with global aspirations, has launched a Private Deal Room catering to high net worth (HNW) individuals, angels, and sophisticated investors. In an email, Seedrs said they “believe the Seedrs Private Deal Room will help allow a new generation… Read More

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