Global

January 29, 2025 @ 9:37 pm By Omar Faridi  |  

Juniper Research noted in a report that quantum technology is poised to enhance the way we work, enabling faster computation of complex problems and the development of innovative applications such as advanced sensing and detection. Juniper Research explained that one of the key benefits of… Read More

January 29, 2025 @ 9:36 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment solutions provider, announces its registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This approval represents a key regulatory approval, enabling Alchemy Pay to facilitate fiat-to-crypto payment services in the Australian market. With… Read More

January 29, 2025 @ 9:35 pm By Omar Faridi  |  

TravelPerk, the business travel platform, announces a new Series E fundraise of $200m. The investment round is reportedly led by European venture capital firm Atomico, alongside EQT Growth, with participation from Noteus Partners and existing investors, including Kinnevik and General Catalyst. The round “nearly doubles”… Read More

January 29, 2025 @ 9:33 pm By Omar Faridi  |  

CyberCube, the provider of cyber risk analytics software, is pleased to partner with Acclaim Insurance Brokers, one of Singapore’s risk consultants and insurance brokers. With local expertise and an international network, Acclaim says that it serves a client base of over 2,000 companies. Acclaim reportedly… Read More

January 29, 2025 @ 4:31 pm By Omar Faridi  |  

Capchase has reflected on its accomplishments in 2024, including the overall performance and adoption of Capchase Pay. The company has achieved several milestones, including: Experiencing an 800% increase in software buyers paying through Capchase Pay. Becoming Stripe‘s B2B BNPL payment method for the US. Some… Read More

January 29, 2025 @ 12:15 pm By Omar Faridi  |  

Nisum, a Silicon Valley-based technology consulting partner, made a strategic move to expand its global footprint with a new business hub in Lima, Peru. This marks a significant milestone for the company and is a major boost for LatAm technology. Nisum’s expansion highlights the importance… Read More

January 29, 2025 @ 12:04 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN), provider of a cryptocurrency trading and investing platform, is expanding its global presence to Argentina, as part of its mission to support economic freedom worldwide. This move is designed to increase access to cryptocurrency services for millions of Argentinians. To operate in Argentina, Coinbase… Read More

January 29, 2025 @ 12:00 pm By JD Alois  |  

Online investment platform OurCrowd has once again been recognized as the most active venture investor in Israel – which remains a hot startup market. OurCrowd noted that this is the 11th year in a row that it has been recognized as Israel’s most active venture… Read More

January 29, 2025 @ 9:46 am By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is holding steady around the $100,000 mark as investors await the Federal Open Market Committee (FOMC) meeting. After a modest 3-4% correction on Tuesday (January 28), the leading cryptocurrency rebounded, reflecting cautious optimism among investors ahead of key policy remarks…. Read More

January 29, 2025 @ 8:11 am By JD Alois  |  

Lloyds Banking Group is expected to close over 130 bank branches as it continues to downsize due to fewer customers utilizing physical locations. In a report by SkyNews, Lloyds Banking Group is said to be shuttering 61 Lloyds, 61 Halifax, and 14 Bank of Scotland locations beginning in… Read More

January 29, 2025 @ 7:50 am By Omar Faridi  |  

A London-based financial services startup, Stenn Group, has reportedly entered administration, leaving creditors facing losses of over £100 million. The company, which specialized in invoice finance, had been under investigation by HSBC, its lender, following allegations of links to a Russian money laundering case. As… Read More

January 29, 2025 @ 7:49 am By Omar Faridi  |  

Vyne, a London-based real-time account-to-account payments platform, has announced that it will be winding down its UK operations effective April 22. This decision comes just months after Vyne was acquired by Tarabut, a Middle Eastern fintech company. According to a statement released recently on Vyne’s… Read More

January 29, 2025 @ 7:47 am By Omar Faridi  |  

Revolut, a London-based digital banking platform, is venturing into commercial real estate lending, capitalizing on signs of a potential market resurgence, according to a report from Bloomberg. To spearhead this new initiative, Revolut has appointed Duncan Batty, formerly of M&G Investments, where he led the… Read More

January 29, 2025 @ 7:46 am By Omar Faridi  |  

LSEG announces the launch of LSEG Research & Insights available through a new app on LSEG Workspace. This app provides a way to access LSEG’s range of research and insights in one centralized location. It will aim to serve as a “one-stop shop” for insights… Read More

January 29, 2025 @ 5:40 am By Omar Faridi  |  

The South Pacific Stock Exchange (SPX) of Fiji and the PNGX Group Limited (PNGX Group) of Papua New Guinea have reaffirmed their commitment to fostering innovation and sustainability in the capital markets of the South Pacific region. The two exchanges have entered into a Memorandum… Read More

January 28, 2025 @ 11:33 pm By Omar Faridi  |  

Lunar launches crypto in Norway via Lunar Block, a Scandinavian crypto trading platform that allows users to buy and sell crypto -assets directly through the Lunar app. The launch offers Norwegians with a way to explore the world of crypto while “managing their traditional financial… Read More

January 28, 2025 @ 10:32 pm By Omar Faridi  |  

Nuvei Corporation, the Canadian fintech company, announces an expansion in Asia-Pacific (APAC), having completed the acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry. The license enables Nuvei to progress with launching direct acquiring capabilities… Read More

January 28, 2025 @ 8:21 pm By Omar Faridi  |  

Bitpanda has reportedly become one of the first major crypto firms to secure a MiCA (Markets in Crypto-Assets Regulation) license. Issued by Germany’s Federal Supervisory Authority (BaFin), this milestone reinforces Bitpanda’s goal to remain secure and compliant while offering crypto services. This achievement marks the… Read More

January 28, 2025 @ 11:41 am By JD Alois  |  

Grey and Clear Junction will partner on global payments, according to a company release. Grey is a graduate of Y-Combinator in 2022. The Fintech aims to provide banking services in emerging markets. Current products include multi-currency accounts, real-time money transfers, and virtual cards. Grey targets… Read More

January 28, 2025 @ 11:08 am By Omar Faridi  |  

DriveScore, an app that utilizes telematics technology to reward good drivers with discounted car insurance, has launched what it claims is the first car finance deals service that offer discounts for “safe” drivers. This approach enables drivers to leverage their personalized driving data to secure… Read More