Global

March 19, 2024 @ 10:18 am By JD Alois  |  

Luxembourg-based Tokeny has revealed a partnership with Moreliquid to tokenize the HSBC Euro Liquidity Fund. Moreliquid is a digital securities investment platform. Tokeny is a tokenization platform that enables issuers and other firms to enable digital securities. The Moreliquid Money Market EUR (MMMEUR) aims to… Read More

March 19, 2024 @ 9:36 am By JD Alois  |  

Global online investment platform OurCrowd is reporting that its Israel Resilience Fund is now over $17 million in investor commitments. The OurCrowd Israel Resilience Fund was announced in November 2023 following the invasion by Hamas and the horrific atrocities committed by the terrorists. At that… Read More

March 19, 2024 @ 9:19 am By JD Alois  |  

LarrainVial, one of the largest financial services groups in Chile, has acquired a 25% ownership stake in Aubrey Capital Management. The investment is part of a strategic partnership between the two firms. Aubrey, based in Edinburg and London, is a specialist boutique manager primarily focused… Read More

March 19, 2024 @ 8:55 am By Omar Faridi  |  

Privat 3 Money (P3), which claims to be one of the UK’s Wealthtech innovators, has  released a significant update to its advanced mobile trading platform. In its continued commitment to providing a holistic financial experience, P3 has now integrated a live news feature into its… Read More

March 19, 2024 @ 8:53 am By Omar Faridi  |  

Revolut Business, the “borderless” financial super app for businesses, recently noted that they are focusing on markets in Malta. Revolut Business says they’re bringing clients the “one and only” platform they need to manage their business finances, so customers can: Exchange, send, and spend money… Read More

March 19, 2024 @ 7:14 am By Omar Faridi  |  

CoinShares International Limited (Nasdaq Stockholm: CS), the European investment company specializing in digital assets, announced the completion of its acquisition of Valkyrie Funds LLC, the investment advisory business of Valkyrie Investments Inc., as well as the Sponsor rights to the Valkyrie Bitcoin Fund, the physically-backed… Read More

March 19, 2024 @ 3:15 am By Omar Faridi  |  

The top AI crypto countries in 2024 are the US, which accounted for 18.9% share of global interest in the narrative, followed by the UK (9.1%) and Türkiye (6.5%), according to a report from CoinGecko. The US and UK also led the meme coin craze… Read More

March 19, 2024 @ 3:00 am By Omar Faridi  |  

Through a new agreement between the CommBank or Commonwealth Bank and Smartgroup, customers will be able “to gain access to CommBank’s products and special promotional offers, beginning with ten free trades on the CommSec platform.” Commonwealth Bank’s Group Executive for Business Banking, Mike Vacy-Lyle said:… Read More

March 19, 2024 @ 2:10 am By Omar Faridi  |  

The Big Tech AI “arms race” is ongoing and picking up its pace rapidly with well over 75 AI startups that are currently backed by tech giants such as Amazon, Google, Microsoft, and Nvidia. This, according to a new report from CBInsights. CBInsights has recently… Read More

March 18, 2024 @ 10:52 pm By Omar Faridi  |  

A total of 1,843 deals (mergers & acquisitions [M&A], private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region “during January-February 2024, which is a year-on-year (YoY) decline of 19.6% compared to the 2,292 deals announced during the same period in previous… Read More

March 18, 2024 @ 10:45 pm By Omar Faridi  |  

Metro Bank has enhanced its maximum loan sizes for residential properties. Metro Bank noted in a blog post that the changes mean that loans up to 90% LTV will have “a maximum loan amount of £1.25m, and loans up to 85% LTV will have a… Read More

March 18, 2024 @ 5:33 pm By Omar Faridi  |  

As VC-backed startups continue to contend with bear-market headwinds, startup hiring and compensation have undergone a reset, according to an update from Carta. Last year marked a startup employment contraction: There were more total job departures from companies on Carta in 2023 than there “were… Read More

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

HeavyFinance is raising €50 million for a private credit fund that will support European agricultural small and medium-sized businesses (SMEs) with tailor-made finance. The funding will be available to finance solutions “to advance the decarbonization of agriculture in Bulgaria, Latvia, Lithuania, Poland and Portugal.” EIF… Read More

March 18, 2024 @ 11:54 am By JD Alois  |  

Republic Note is a security designed to allow investors to participate in the success of the online investment platform. Once a shared pool hits a certain threshold, distributions are made to holders of the Republic Note. The security is traded on INX, a marketplace in… Read More

March 18, 2024 @ 11:41 am By Omar Faridi  |  

Andean Wide —an international payments technology platform— announced that it has chosen Bitso Business —the Bitso B2B segment supporting the technology of cross-border payments— as its infrastructure solutions provider “to apply blockchain technology and expand its cross-border offerings with greater efficiency.” Andean Wide is a… Read More

March 18, 2024 @ 9:10 am By Omar Faridi  |  

In the face of a highly fragmented financial services landscape and varying levels of maturity across its markets, Claire Huddleston, Sales and Marketing Director at Clear Junction, explains how digitization and remittances can drive Africa’s continuing economic development. Huddleston also talks about the key economic… Read More

March 18, 2024 @ 8:33 am By Omar Faridi  |  

Archax, the FCA regulated exchange, broker, and custodian for digital assets, announced a strategic partnership with Talos, the institutional crypto trading platform. Through this partnership, Archax says that it will “leverage it’s FCA cryptoasset registration combined with the market-leading capabilities of the Talos platform to… Read More

March 18, 2024 @ 8:00 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – repaid investors a €600 000 loan (real estate project “Marijampolės 5”) and paid their investors €57 405 in interest. Today, Gofingo Group repaid PeerBerry investors €200 000 in war-affected loans. These repayments are being “processed on… Read More

March 18, 2024 @ 7:57 am By Omar Faridi  |  

Generative AI (Gen AI) became popular or more widespread with consumers in 2022, when several user-friendly text-based AI systems were released to the public, according to a recent update shared by KPMG. Yet despite its infancy, respondents to a new KPMG UK poll have “expressed… Read More

March 18, 2024 @ 3:04 am By Omar Faridi  |  

As a fundamental aspect of validating and securing proof of stake (PoS) blockchains, staking on the Ethereum network has captured significant attention since “The Merge,” according to an extensive report from Coin Metrics. The Coin Metrics team notes in their weekly report that currently, over… Read More