Global

May 3, 2024 @ 9:11 am By JD Alois  |  

TransferGo, and Tink have announced a partnership to enable international transfers and payments call Pay by Bank. Owned by Visa, Tink is a payments and transfers Fintech that is connected to over 6000 banks. Founded in Sweden, the company also provides banking and lending solutions…. Read More

May 3, 2024 @ 8:55 am By Omar Faridi  |  

Outpayce, which was launched last year to evolve Amadeus’ travel payments business, has been granted an eMoney institution (EMI) license by the Bank of Spain. As a licensed eMoney issuer, Outpayce will be able “to provide regulated payment services in Spain such as accepting customer… Read More

May 3, 2024 @ 8:49 am By Omar Faridi  |  

Checkout.com, a global digital payments provider, announces a partnership with Mastercard to bring virtual cards to Online Travel Agents. As part of the Mastercard Wholesale Program, which “reduces costs for travel businesses through virtual card technology and an innovative pricing model, customers of Checkout.com will… Read More

May 3, 2024 @ 8:31 am By Omar Faridi  |  

Zopa Bank, which began operations as a P2P lending platform but has evolved into a digital bank, has reportedly surpassed £4 billion in customer deposits. Zopa Bank says it achieved this milestone in under 4 years since acquiring its banking license. It has helped that… Read More

May 3, 2024 @ 8:23 am By Omar Faridi  |  

Estateguru is pleased to announce that their investors have now provided €800,000,000 in funding through their platform. The projects they have funded are now said to be “a feature of the modern European landscape, and a testament to the constructive power of informed investment.” The… Read More

May 2, 2024 @ 4:10 pm By Omar Faridi  |  

Innovation once more appears to be heating up in the digital asset space as old paradigms are set aside and new horizons become realized, the team at Coin Metrics noted. Coin Metrics also mentioned that Bitcoin is evolving “from a specialized chain whose primary purpose… Read More

May 2, 2024 @ 3:42 pm By Omar Faridi  |  

The team at CoinGecko has examined the market share of blockchains in terms of their trading volume in a new report. CoinGecko has shared insights on which blockchain has the most trading volume in an extensive research study. As stated in the research report, Ethereum… Read More

May 2, 2024 @ 2:18 pm By Omar Faridi  |  

New research from Mambu reveals that just over a quarter (26%) of Gen Z Muslims solely use Islamic banking, though 85% of them are interested in banking “with a financial institution that offers Shariah-compliant products.” More than 560 banks worldwide adhere to Islamic principles; however,… Read More

May 2, 2024 @ 11:48 am By JD Alois  |  

Haatch EIS Fund is launching on Seedrs making the fund available to smaller investors. Investment in this EIS Fund is expected to be across 4-6 companies. Haatch reports that its first EIS Fund is valued at over 320%, and the fourth EIS Fund is valued… Read More

May 2, 2024 @ 11:27 am By Omar Faridi  |  

London Stock Exchange Group plc (LSEG) has shared its Q1 2024 Trading Update. LSEG is reporting a good start to the year, “driven by solid performance across the business.” David Schwimmer, CEO said: “We have started the year well, delivering another quarter of solid growth… Read More

May 2, 2024 @ 10:18 am By JD Alois  |  

Artificial Intelligence (AI) firm Apex is reporting a $7 million Seed round led by big-name investors. According to Apex, which has just emerged from stealth, Sequoia Capital and Index Ventures led the funding. Other prominent investors included Sam Altman, CEO of OpenAI. Apexi is a security… Read More

May 2, 2024 @ 9:43 am By Omar Faridi  |  

Tether Holdings Limited (BVI) released its assurance opinion for the first quarter of 2024, conducted by BDO, a leading global independent accounting firm. The most recent attestation as of 31 March 2024, “discloses additional financial information of Tether Group which is no longer limited to… Read More

May 2, 2024 @ 8:35 am By Omar Faridi  |  

Borderless AI, an Employer of Record (EOR) services provider, announced its strategic partnership with Nium, the global enabler of real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry. This collaboration is said to mark a significant milestone in “enhancing efficiency, transparency, and… Read More

May 2, 2024 @ 3:16 am By Omar Faridi  |  

Nova Credit’s second UK partnership provides one of the country’s top 10 building societies with access to foreign credit histories to get more mortgage finance into the hands of skilled and professional new-to-country UK applicants. In line with their UK expansion strategy, we’re excited to… Read More

May 1, 2024 @ 9:51 pm By Omar Faridi  |  

Airwallex, the Australia-founded leading financial platform for modern businesses,  announced the launch of Airwallex for Startups, Australia’s comprehensive program for local startups seeking to accelerate their growth. The initiative – which includes practical resources, networking and content opportunities, exclusive product offers “from Airwallex and others… Read More

May 1, 2024 @ 9:50 pm By Omar Faridi  |  

In April 2024, there were a total of 37 security incidents, resulting in approximately $90.81 million in losses. Based on the data from the SlowMist Blockchain Security Incident Database, these incidents were caused “by contract vulnerabilities, third-party vulnerabilities, exit scams, and hacked accounts.” As noted… Read More

May 1, 2024 @ 9:49 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial platform of choice for various companies, announced its partnership with Decathlon Hong Kong, one of the world’s “largest” sports goods companies. Adyen is the end-to-end payment solution provider “for Decathlon Hong Kong’s online store, in-app purchases, and all its eight… Read More

May 1, 2024 @ 9:47 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is rolling out support for the Lightning Network enabling instant, low-cost bitcoin transfers. Users will have the option to choose between using Lightning for faster and cheaper bitcoin transactions, or processing their transaction on the traditional Bitcoin network. This integration furthers their mission… Read More

May 1, 2024 @ 5:21 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance has invested in MilkyWay, a liquid staking protocol for Celestia’s modular blockchain ecosystem. MilkyWay aims to be the leading provider of modular liquidity “for rollups that rely on Celestia for Data Availability by unlocking TIA… Read More

May 1, 2024 @ 3:34 pm By Omar Faridi  |  

Sumsub announced that it has teamed up with Onda Più, an energy services company based in Sicily. Together, the two companies are supporting digital user onboarding and fraud prevention for Italian electricity and natural gas services. This collaboration will help Onda Più ensure smooth verification… Read More