Global

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

Upvest Partners with Deutsche Bank

Upvest and Deutsche Bank have announced a partnership. Under the partnership, Upvest will gain access to the global bank for multiple services. Upvest is a Fintechs in Europe that provides B2B clients with a range of investment opportunities in the areas of principal broking business,… Read More

SEIS is a Powerful Incentive to Invest in Early Stage Firms

In the UK there are several tax exemptions which may be available for individual investors to mitigate risk and reduce taxes paid on any return. SEIS, or Seed Enterprise Investment Scheme, is a powerful incentive for investors to support entrepreneurs and boost the UK innovation… Read More

Worldwide Stablecoin Payment Network (WSPN) Reports $30 Million Seed Round

WSPN (Worldwide Stablecoin Payment Network), a provider of next-generation stablecoin infrastructure, has raised $30 million in seed funding round. This investment round was led by Folius Ventures and Foresight Venture, with participation “from prominent investors including Hash Global, Generative Ventures, RedPoint Capital, and a consortium… Read More

SwissFortress Introduces Fortress Coin, Supporting Send-to-Name System, Creating User-Friendly Way to Surf Decentralized Web

SwissFortress announced the launch of the Fortress Coin (FC), supporting and maintaining the global Send-to-Name (StN) system, creating a more user-friendly and secure way to navigate the decentralized web. 0.4% of all crypto users claimed their domain “using Unstoppable Domains over the last few years.”… Read More

Digital Bank Revolut Joins Ledger Live as a Buy Provider

Ledger announced that Revolut, one of the world’s leading fintech solutions for digital payments, will join Ledger Live as a buy provider. This collaboration aims to further our mission of complete self-custody “for people’s financial assets and make buying crypto easier and more accessible than… Read More

Bitwise Asset Management Announces Acquisition of London based ETC Group

Bitwise Asset Management announced the acquisition of ETC Group, a London-based crypto ETP issuer with over $1 billion in assets under management. The news marks Bitwise’s expansion into Europe and “adds nine European-listed crypto ETPs to Bitwise’s broad suite of ETPs, hedge fund solutions, and separately… Read More

Stablecoin Issuer Tether to Launch USDT Digital Tokens on Aptos Network

Tether Operations Limited, which claims to be among the largest companies in the digital assets industry, announced that they will be launching U.S. dollar-pegged Tether tokens (USD₮) on the Aptos Network. This integration is part of Tether’s broader strategy “to make digital currency more accessible… Read More

Fintech Klarna Introduces Products Focused on Enhancing Everyday Spending and Savings

Klarna, the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. Launched in 12 countries across Europe and the US, this marks “a significant step forward in Klarna’s mission to disrupt retail… Read More

Blockchain Security Firm CertiK Issues Official Statement on Kraken Vulnerability

In June, a team at CertiK conducting whitehat research discovered a “critical” vulnerability in the Kraken platform. This CertiK team then reportedly “notified the exchange to ensure this important vulnerability was fixed—which was a win for blockchain and Web3 security.” However, in conducting this work,… Read More

Embedded Finance Landscape Is Shifting with Financial Services Enablers Moving Towards Full Banking Licenses – Report

Strategy consultants at OC&C have shared a report unveiling a significant opportunity for Embedded Finance for scale SaaS ERP (Enterprise Resource Planning) and payroll providers. Embedded Finance refers to the “integration of financial products into non-financial customer journeys.” The value chain for embedded finance typically… Read More

Digital Assets: THORChain and DeFi Platform ShapeShift Announce Cross-Chain Staking Rewards Distribution

THORChain, an open-source protocol that enables the swap and settlement of cross-chain native crypto assets, and ShapeShift DAO, are pleased to showcase the recent launch of rFOX and Rune Pool as supporters of Rare Evo. ShapeShift DAO was reportedly the first major decentralized exchange (DEX)… Read More

Metallicus, the Developer of The Digital Banking Network, Introduces Metal Pay in Australia

Metallicus, the developer of The Digital Banking Network, a blockchain-based payments network built to meet regulatory standards globally, is pleased to announce the launch of its flagship consumer app, Metal Pay, in Australia. This expansion marks a significant milestone in Metallicus’ mission “to support the… Read More

GAMEE, the Web3 and Mobile Gaming Platform, Reportedly Receives Investment from TON Ventures

GAMEE, the “high-engagement” Web3 and mobile gaming platform and subsidiary of Animoca Brands, announced it has received an investment from TON Ventures, the first venture fund of The Open Network (TON). Managed by a DAO with a mandate to invest in projects built on TON,… Read More

Italy’s Banca Sella Is Providing Bitcoin Services via its Banking Platform

Italian Banca Sella now provides Bitcoin (BTC) trading. Established back in 1886, Banca Sella is one of the most well-known banking institutions in Italy. Its mobile banking platform, known as Hype, now also includes a Bitcoin trading service as it operates with more than 1.2… Read More

Digital Banking: With $3.3B in Deposits, 8 Million Customers, Mexico Stands Out Among Nubank’s High Growth Markets

Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company’s international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3… Read More

SPAC Deal: MOH Nippon, a Real Estate Crowdfunding Platform, Becomes First Japanese Company to List on Main Market of London Stock Exchange in Over 20 Years

Minnadeooyasan-Hanbai (MOH Nippon) (LSE: MOH)has joined the London Stock Exchange (LSE) via a reverse  merger. According to a note from the company, Minnadeooyasan-Hanbai is the first Japanese firm to trade on the main market of the LSE in over 20 years. The company has changed… Read More

SCB 10X Announces Participation in Funding Round for Ema, a GenAI Firm Creating Universal AI Employees of the Future

SCB 10X, the technology investment arm of SCBX Group, has announced their participation in the series A funding round for Ema, a San Francisco-based generative AI company creating Universal AI Employees of the future. The $36M Series A extension investment round, “co-led by Accel and… Read More

CapitalRise Reports Record Topping July, £50 Million in Lending

Real estate investment platform CapitalRise is reporting a record breaking month as July originated almost £50 million in loans (£49.4 million). At the same time, CapitalRise said that it has now surpassed £400 million in total loan originations. CapitalRise is a specialist property financing provider… Read More

Institutional Investors Expected to “Allocate More” to Private Market in Coming Year – Investor Outlook Report

Preqin, the global firm focused on alternatives data and insights, recently released its Investor Outlook H2 2024 report. Their Investor Outlook report series occurs on a biannual basis and is based on surveys conducted in-house. Alternative investors’ responses provide exclusive insight “into their current sentiment… Read More

Digital Assets Market Research Report Examines Signals After the Recent Crypto Sell-Off

Digital assets firm Gemini has shared a detailed analyst note, addressing the following: When Will The Pain Subside? Examining Signals After the Crypto Sell-Off? In Gemini’s previous analyst note, “Where Are We in The Crypto Cycle?” the crypto firm looked at how macro indicators could… Read More

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