Global

May 16, 2024 @ 8:25 am By Omar Faridi  |  

Bitpanda, Europe’s crypto company, has reported its most significant quarters of growth to date, with revenue for Q1 FY ‘24 exceeding €100 million. The wider market experienced a significant downturn in 2022, which led Bitpanda to rethink its “long-term growth strategy.” This meant a refocus… Read More

May 16, 2024 @ 8:16 am By Omar Faridi  |  

The British Business Bank has released a new report showing that 56% of smaller businesses in Northern Ireland are using external finance. The report, entitled, Northern Ireland SME Access to Finance Report, shares key insights about small businesses operating in the area. 📢Out today, our… Read More

May 15, 2024 @ 6:04 pm By JD Alois  |  

According to a corporate statement, Insurtech Cover Genius has raised a $80 million Series E funding round. Spark Capital led the round, which was supported by existing investors Dawn Capital, King River Capital, and G Squared. Cover Genius said that it has experienced 107% year-over-year… Read More

May 15, 2024 @ 4:57 pm By JD Alois  |  

The Hashgraph Association (THA) has revealed a partnership with the Qatar Financial Centre to launch a Digital Assets Venture Studio. The goal is to support regulatory compliant DeFi solutions and digital assets leveraging Hashgraph. The Venture Studio will commit $50 million to startups over the… Read More

May 15, 2024 @ 4:17 pm By Omar Faridi  |  

Sally Meouche-Ghrawi, Executive Board Member of eSync Network, recently shared her views and insights regarding the importance of RWA (real-world assets) tokenization and the rise of blockchain technology. Sally Meouche discusses the potential benefits of leveraging distributed ledger technology (DLT) to streamline key processes. Our… Read More

May 15, 2024 @ 4:10 pm By Omar Faridi  |  

Tether Operations Limited, the largest company in the digital asset industry, announces the signing of a Memorandum of Understanding (MoU) with RAK Digital Assets Oasis (RAK DAO), which is the first step towards the launch of several strategic initiatives to help foster the adoption of… Read More

May 15, 2024 @ 2:30 pm By Omar Faridi  |  

Trulioo, an identity platform with proven global coverage for person and business verification, announced the appointment of David Liu as senior vice president of fraud & risk. Liu will lead the Fraud & Risk team at Trulioo with “the charge of cementing the company’s position… Read More

May 15, 2024 @ 12:02 pm By Omar Faridi  |  

Ripple and Peersyst will leverage evmOS in order to further develop and enhance the XRP Ledger (XRPL) EVM sidechain, which is currently in Devnet. The XRPL EVM sidechain will be “built leveraging evmOS — a modular and customizable tech stack offered by Evmos.” evmOS enables… Read More

May 15, 2024 @ 11:28 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial technology platform of “choice” for companies, announces a partnership with Cotti Coffee for their global expansion, bringing their brews to customers in Canada, Australia, Japan, Singapore, and their newest market – the United Arab Emirates. The coffee chain, which is… Read More

May 15, 2024 @ 10:34 am By JD Alois  |  

Nets, part of Nexi Group – a Paytech, has formed a partnership with Klarna to offer buy now pay later (BNPL) services. Nets is an AI-powered global payments network and shopping assistant. Klarna works with over half a million global retailers to facilitate transactions and… Read More

May 15, 2024 @ 10:27 am By JD Alois  |  

LendInvest, a Fintech offering financing for property developments, has boosted its BTL (Buy to Let) product and mortgages for homebuyers. According to the company, it has expanded its BTL product range with 80% LTV, and reduced rates by up to 15bps across itsrange, with rates… Read More

May 15, 2024 @ 9:28 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) released financial results for the three months ended March 31, 2024, for both itself and Galaxy Digital Holdings LP. Galaxy says that it continues “to work on completing its proposed reorganization and domestication to become a Delaware-incorporated company and… Read More

May 15, 2024 @ 8:58 am By Omar Faridi  |  

bunq, which claims to be one of the largest neobanks in Europe, has taken a significant step forward to upgrade its user-facing AI assistant, Finn, to be fully conversational. The challenger has also “rolled out its worldwide one-time activation travel insurance, in partnership with Qover,… Read More

May 15, 2024 @ 8:20 am By Omar Faridi  |  

In April, investors allocated a total of €963K  across 35 agricultural projects via the HeavyFinance platform. As of the end of April 2024, a significant sum of €54.62 million was “issued in loans since the inception of the company.” A positive trend worthy of mentioning… Read More

May 15, 2024 @ 8:17 am By Omar Faridi  |  

The Open Property Data Association supports the standardization of open property data to streamline the homebuying process for buyers, sellers, estate agents and solicitors with its trust framework – another example of #datasharing that will benefit the UK economy. The Open Property Data Association supports… Read More

May 15, 2024 @ 8:10 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD), which recently received a Wells Notice from the SEC, has announced a series of new features offered by Robinhood Crypto specifically designed for its customers in Europe, including staking, localized apps, crypto rewards for new customers, and updated Learn & Earn modules. These… Read More

May 15, 2024 @ 7:20 am By Omar Faridi  |  

Project Agorá, launched by the Bank for International Settlements (BIS), a group of leading central banks and the Institute of International Finance (IIF), is requesting the private sector to join its exploration of how tokenization can enhance the functioning of wholesale cross-border payments. The call… Read More

May 14, 2024 @ 10:27 pm By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided an initial £25m loan to Blue Shield Capital, a property lending firm committed to simplifying bridge lending. Launched in 2020, by co-founders Gil Ulrich and Jonathan Hitter, Blue Shield primarily underwrites senior bridging loans “backed… Read More

May 14, 2024 @ 10:15 pm By Omar Faridi  |  

Consensys announced the launch of Smart Transactions, a new technology rolling out to all MetaMask users globally as an optional feature. This reimagined transaction experience reportedly offers better transaction success rates, reduces gas costs, and protects users “from harmful MEV (Maximal Extractable Value) attacks such… Read More

May 14, 2024 @ 10:12 pm By Omar Faridi  |  

Payoneer Global Inc. (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses to transact, do business and grow globally,  reported financial results for its first quarter ended March 31, 2024. John Caplan, Chief Executive Officer at Payoneer, said: “Payoneer delivered record… Read More