Global

September 25, 2024 @ 7:18 am By Omar Faridi  |  

Newton Property Management has expanded its existing relationship with bank payment company GoCardless by adding Instant Bank Pay, its open banking-powered payment feature, to the Direct Debit functionality it uses already. Through GoCardless’ unique combination of Direct Debit and open banking payments, Newton can now… Read More

September 25, 2024 @ 7:14 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, is working with global small business platform Xero, to help small businesses accept payments from consumers wanting a ‘buy now, pay later’ option. For Xero’s customers, offering Klarna’s alternatives to traditional credit “means they can get… Read More

September 25, 2024 @ 6:58 am By Omar Faridi  |  

One year after launch, after growing faster than the founders initially expected, Jet HR – the startup founded by Marco Ogliengo and Francesco Scalambrino to eliminate the bureaucracy surrounding payroll, HR and generally running a company in Italy – attracts a seed round of €12… Read More

September 25, 2024 @ 6:55 am By Omar Faridi  |  

Robinhood Markets (Nasdaq: HOOD) has been promoting “rock-bottom” or highly competitive fees for options trading. but then come the hidden costs, according to a report from the WSJ. Clients using the Robinhood platform are reportedly dealing with considerably higher transaction costs than those of other… Read More

September 25, 2024 @ 6:53 am By Omar Faridi  |  

Circle has recently announced the initial availability of a completely new suite of product, which is being referred to as Compliance Engine, and it is described by the stablecoin issuer as a new service that aims to “help companies build onchain while meeting rigorous demands… Read More

September 24, 2024 @ 5:52 pm By JD Alois  |  

Digital bank bunq has launched stock trading. Based in the Netherlands, bunq holds a full banking license and regulated by the Dutch Central Bank. While announcing trading, bunq is now reporting over 14.5 million users. According to a company statement, bunq is currently providing a curated… Read More

September 24, 2024 @ 1:14 pm By Omar Faridi  |  

Polytrade, which claims to be a leader in RWA tokenization, announces its strategic partnership with Anotherblock, a platform focused on facilitating the buying and selling of fractionalized music rights through NFTs. This partnership sees Polytrade assume responsibility “for royalty distribution, further positions the business at… Read More

September 24, 2024 @ 1:04 pm By Omar Faridi  |  

Melio, an accounts payable and receivable platform, today announced multiple new features for small and medium-sized businesses and accountants to automate processes, boost control of payments, and improve cash flow management. These features enable accountants, bookkeepers, and financial advisors “to improve clients’ cash flow with… Read More

September 24, 2024 @ 1:03 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season. Prior to this partnership, McLaren’s international payments run “consisted of 30 payments made one at a… Read More

September 24, 2024 @ 11:49 am By JD Alois  |  

UK startups received $10.1 billion in venture capital (VC) funding from January through August 2024 according to a report. The funding was committed to 673 individual deals. GlobalData reports that this is an improvement by 14.8% in funding year over year. At the same time,… Read More

September 24, 2024 @ 11:38 am By Omar Faridi  |  

In response to growing institutional demand, Fireblocks has launched an integration with Lido to provide easy and secure in-platform access to Lido’s liquid staking protocol and stETH token. Users can now stake their ETH, receive rewards, and “use stETH for on-chain activities, including Fireblocks Off… Read More

September 24, 2024 @ 11:20 am By JD Alois  |  

Liberty Leasing will receive £15 million from the British Business Investments. Liberty Leasing received a £15 million facility in 2021 so this brings the total committed to £30 million. Liberty Leasing is a specialist financing firm that caters to smaller businesses in the construction, engineering,… Read More

September 24, 2024 @ 10:58 am By JD Alois  |  

The Payments Association in the UK is calling for a national payments plan. The Payments Manifesto 2025 seeks to create conditions to support growth and innovation in payments. The Payments Association says it has urged UK authorities to “undertake a swift and well-defined review which… Read More

September 24, 2024 @ 10:28 am By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) announced it has expanded its digital bank financial technology presence in Latin America, having agreed to provide its AxiomSL regulatory reporting solution to Nubank (NYSE: NU), a digital bank with over 100 million customers across Brazil, Mexico, and Colombia. The agreement extends… Read More

September 24, 2024 @ 9:44 am By JD Alois  |  

SeedBlink, a European securities crowdfunding platform, has launched a new service called Raise Hub. According to a note from the firm, Raise Hub is designed to streamline the process for European startups on their funding journey. Raise Hub provides information on various financing options, access… Read More

September 24, 2024 @ 8:15 am By Omar Faridi  |  

Knoops, which is currently raising funds via Crowdcube, explains that it celebrates the ritual of drinking chocolate, specializing in “expertly crafted” hot & cold drinks; aiming to do what was done for barista coffee. According to Knoops, it is raising funds in order “to grow… Read More

September 24, 2024 @ 8:09 am By Omar Faridi  |  

UK’s Assetz Capital has reportedly funded new addition to the Belfast skyline. According to the update from Assetz Capital, the Belfast skyline will soon see a new building feature. As mentioned in the announcement from Assetz Capital, the 84 unit serviced apartment development set over… Read More

September 24, 2024 @ 8:07 am By Omar Faridi  |  

Revolut is reportedly introducing a standalone app based on its wealth management offering as Europe’s leading Fintech aims to challenge major competitors like Robinhood as well as Etoro in the retail investor sector. The Revolut Invest app will provide over 4,000 financial instruments, including from… Read More

September 24, 2024 @ 8:03 am By Omar Faridi  |  

Kraken announced the closing of the Coin Meester B.V. (BCM) acquisition, which is said to be a key element in their European growth strategy. With the acquisition of BCM, one of the Netherlands’ oldest registered crypto brokers, Kraken have expanded their Dutch footprint and enhanced… Read More

September 24, 2024 @ 7:22 am By JD Alois  |  

European payments provider Mangopay has been enlisted by Troc Vélo to power transactions on its platform. According to a statement by the firm, Mangopay’s solutions will help Troc Vélo streamline second-hand purchases between individuals.  Troc Vélo is described as the leading platform for buying and… Read More