Global

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

Venture Capital, Private Equity Deal Value Rises in October: Report

Some positive news regarding risk capital. S&P Global Market Intelligence says Venture Capital (VC) and Private Equity (PE) deal value increased globally during the month of October. While four weeks does not make a quarter this could be good news for the innovation sector which… Read More

Fintech GoCardless Partners with Big Red Cloud to Streamline Payments for SMEs

GoCardless, a bank payment company, has expanded its relationship with Big Red Cloud. The cloud accounting software firm, which is a GoCardless customer, will now become one of its 350+ partners by “integrating GoCardless’ payment capabilities into its platform.’ This means Big Red Cloud customers… Read More

ConnexPay and Shift4 to Enhance Payment Solutions across European Markets

The collaboration combines Shift4‘s acquiring services with ConnexPay‘s all-in-one payments platform to deliver PayIn and PayOut functions to businesses in a wide range of industry segments. Shift4 (NYSE: FOUR), a global enabler of integrated payments and commerce technology, officially entered a partnership with ConnexPay, the… Read More

Global Fintech additiv Strengthens UK Presence with New London Office

additiv, a global firm focused on fintech and digital transformation,  announced the appointment of Pierre Dufauret as the UK Market Head and the opening of a new office in London’s Heron Tower. These moves underscore additiv’s commitment to strengthening its presence in the UK market… Read More

Global Fintech Klarna Teams Up with UATP to Tap $1 Trillion Air Travel Sector

UATP, the global payment network that enables organizations to simplify payment processes and expand their payment capabilities, has announced a new partnership with Klarna, the AI-powered global payments network. The partnership allows airlines to offer Klarna’s flexible payment services, “including interest-free Buy Now Pay Later,… Read More

Australian Small Business Revenue Growth Slowing But Ahead of Other Nations – Report

Xero, the small business platform, released its Xero Small Business Insights (XSBI) update, highlighting that Australian small businesses are persevering amid challenging macroeconomic conditions and still outperforming small businesses in other countries. As noted in the research report shared by Xero, here are takeaways from… Read More

Embedded Lending Solution Groov Raises £1.5 Million Seed Round

Embedded lending platform Groov has raised £1.5 million in seed funding, according to a note from the firm. The Fintech says the money will drive the next generation of embedded lending, offering more options, better terms, and higher approval rates via a simple API. Fuel… Read More

Binance Introduces New Privacy Center Featuring Easy Data Access for Improved User Privacy

Binance has launched a new privacy center, which reportedly features easy data download for enhanced user privacy. To empower users with a greater degree of control over their personal data, Binance has launched a feature that consolidates various tools for exercising privacy rights in one… Read More

Singapore’s Boxo Teams Up with Digital Commerce Platform Checkout.com

Boxo, a “Super App” enabler, announced a partnership with Checkout.com, a payment solutions provider. By leveraging Checkout.com’s platform, Boxo’s clients across MENA and SEA regions will benefit from payment solutions and the ability to deliver seamless customer experiences. This translates to seamless transactions and convenience… Read More

R3 Picked for European DLT Pilot Regime

R3 and its Corda platform have been selected to provide services for the European DLT [distributed ledger technology] pilot regime. Corda is the first DLT to be approved by ESMA [the European Securities and Markets Authority] The DLT Pilot Regime opened up applications in the… Read More

Bank of England Cuts Rates by 25 Basis Points

The Bank of England has cut benchmark rates by 0.25 basis points (bps) to 4.75%. The move was largely expected by markets. The Bank shared that its Monetary Policy Committee (MPC) voted 8–1 to reduce the rates, with one member voting to hold the rate… Read More

Boerse Stuttgart Digital Teams Up with Regtech Fenergo to Scale Regulatory Compliant Crypto Solutions

Boerse Stuttgart Digital, the infrastructure provider for cryptocurrencies and digital assets in Europe, partners with Fenergo, a firm focused on AI-powered KYC, client lifecycle management, and transaction monitoring solutions. Through this partnership, Boerse Stuttgart Digital embraces the next wave of growth in Europe’s crypto market… Read More

UK’s PensionBee Shares Insights on Whether Result of 2024 US Election Will Impact Pension Balances

UK’s PensionBee has shared insights on whether the result of 2024’s US election will impact users’ pension balance. It was announced that Donald Trump would be returning to the White House for a second term in office. PensionBee noted that the former President won the… Read More

Blockchain Security Firm CertiK Releases Preliminary Assessment of Web3 Destkop Wallets

CertiK has shared a security assessment focused on Web3 desktop wallets. As explained in an extensive update by the team at CertiK, desktop wallets play a key role in the Web3 ecosystem, providing users with a means to manage their digital assets within decentralized networks…. Read More

Real Estate Investments: Aventus Home Is Reportedly Providing Investing Opportunities in Spain

Aventus Home is part of Aventus Group’s international business. Aventus Homes’ primary activities reportedly include the following: constructing, selling, and renting luxury villas in one of the most prestigious European places in Spain – Marbella. The value of Aventus Group’s properties in Spain currently is… Read More

YouHodler’s Lienkha Analyzes Possibilities of Late 2024 Crypto Rally

Crypto investors’ hopes for a Christmas price rally could be realized if a few factors fall into place, YouHodler’s chief of markets Ruslan Lienkha believes. Global Economy Despite ongoing uncertainty in financial markets regarding the future of the global economy, Lienkha said there is a… Read More

Nium and Partior to Enable Real-time, Cross-Border Payments, Clearing, Settlement

Nium and Partior have partnered on real-time, cross-border payments, clearing and settlement. Nium now reportedly becomes one of th efirst fintechs to join the blockchain-based network, enabling cross-border payments, market reach, and transaction transparency Nium, the infrastructure for real-time cross-border payments, confirmed its partnership with… Read More

Fintechs Thunes and GCash Introduce Cross-Border Digital Wallet Top-Up Solution

Thunes, which claims to be the “Smart Superhighway” to move money around the world, announced a new collaboration with GCash, the digital wallet in the Philippines. This initiative enables GCash users to top up their wallet balances directly within the app using funds from their… Read More

Trium Cyber Licenses Insurtech CyberCube’s Portfolio Manager to Accelerate Market Growth

Trium Cyber, the authorized service company for Syndicate 1322 at Lloyd’s, is leveraging CyberCube’s cyber risk analytics platform, Portfolio Manager, and its accompanying CyberConnect API product. Last year, Trium launched as the “first” Lloyd’s-approved mono-line Cyber syndicate, offering coverage to US-domiciled risks. Shortly after that,… Read More

Digital Assets: OKX, Komainu to Offer Off-Exchange Custody Solution to Institutional Clients

Digital assets firm OKX revealed that it has expanded its partnership with Komainu in order to offer an off-exchange custody solution. OKX noted in a recent blog post that they’re officially announcing that they’ve worked cooperatively with Komainu, a regulated digital asset service provider and… Read More

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