Global

February 7, 2024 @ 11:00 am By JD Alois  |  

Germany-based Moonfare says it will soon provide access to retail investors to “top tier” private equity managers following the introduction of new EU regulations last month. Additionally, limited secondary trading is available on the platform. The new rules came into effect on January 10, 2024…. Read More

February 7, 2024 @ 10:28 am By Omar Faridi  |  

Bybit, which claims to be one of the largest crypto exchanges by volume, has polled its internal professionals and created a free toolkit that allows investors to find undervalued crypto projects. The Crypto Investment Analysis Toolkit stems from Bybit‘s mission “to be the world’s Crypto… Read More

February 7, 2024 @ 9:40 am By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Puerto-Rico headquartered Segura Bank International, Corp. (SBI) has gone live with Temenos core banking platform deployed in the cloud to power a new digital bank for mid to high earners in Latin America. Temenos’ cloud-native platform will “enable SBI, which… Read More

February 7, 2024 @ 9:14 am By JD Alois  |  

The Hashgraph Association (THA) has announced a partnership with the Ministry Of Investment Of Saudi Arabia (MISA) to launch a DeepTech Venture Studio. The entity aims to help local Saudi firms, as well as other portfolio companies, establish operations in the country while leveraging technology… Read More

February 7, 2024 @ 7:57 am By Omar Faridi  |  

UK fintech Atlantic Money is set to offer its fixed-fee money transfers across additional major markets. Within 1.5 years of launching in the UK, Atlantic Money has “met relevant requirements to offer its services in the United States, Canada and Australia.” Users will be able… Read More

February 7, 2024 @ 7:53 am By Omar Faridi  |  

Obligate has formed a strategic partnership with Archax, a digital asset services provider based in London. Through this partnership, Obligate provides its platform “for on-chain capital markets, while Archax contributes its extensive service offering in digital asset management.” As a first service, Obligate clients will… Read More

February 7, 2024 @ 7:50 am By Omar Faridi  |  

Binance announced that it will delist several crypto tokens, including privacy coin Monero. The list includes ANT, MULTI, VAI, and XMR, which will be removed on February 20th, 2024. Binance claims it regularly reviews each digital asset it lists to ensure that it “continues to… Read More

February 6, 2024 @ 10:27 pm By Omar Faridi  |  

Ironically, according to Dima Kats, CEO of Clear Junction, banks and financial institutions are probably some of the most unbanked segments in the world. From high fees to long settlement times, regulatory pressures to difficulty in accessing multi-country payment options, the issues and barriers facing… Read More

February 6, 2024 @ 10:23 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, reaches the milestone of 1.5 million users of “Modo Rua,” a security feature that allows users to set a maximum total value for transactions via Pix, TED, or boleto… Read More

February 6, 2024 @ 10:19 pm By Omar Faridi  |  

Montran has announced the launch of an innovative multi-currency virtual account management platform for Intesa Sanpaolo, Italy’s premier banking institution with a global financial services presence. This platform marks a strategic enhancement in the bank’s ability “to manage multi-currency cash and liquidity for its diverse… Read More

February 6, 2024 @ 8:05 pm By Omar Faridi  |  

Diversiview, the portfolio analysis and optimization tool developed by Australia-based fintech firm LENSELL, has reportedly expanded its analytics coverage to include securities listed on the National Stock Exchange of India (NSE). As noted in the update, this extension allows users “to analyze and optimize investment… Read More

February 6, 2024 @ 12:22 pm By Omar Faridi  |  

CRISIL Ltd, which claims to among the leading global analytics companies, has reportedly set up an office in Bogotaì, Colombia in order to “provide its clients, including global investment banks, asset managers and private equity firms an efficient solution for nearshoring critical operations and services… Read More

February 6, 2024 @ 11:37 am By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity verification, risk assessment and compliance solutions, has partnered with Kaizen Gaming, the global GameTech firm, to streamline its verification processes. Kaizen Gaming is committed to “providing a great user experience based on all regulatory requirements across markets, and… Read More

February 6, 2024 @ 10:56 am By JD Alois  |  

Institutional digital asset firm Fireblocks says it has added support for five new fiat currencies with plans to add 25 more in the coming months. Fireblocks as added support for the Euro (EUR), Swiss Franc (CHF), British Pound (GBP), Singapore Dollar (SGD), and Japanese Yen… Read More

February 6, 2024 @ 9:51 am By JD Alois  |  

MoneyLion Inc. (NYSE: ML) and global consulting firm EY have partnered to help banks keep up with the Fintech revolution. According to a release, MoneyLion’s infrastructure – including embedded finance offerings – will now be a part of EY’s “existing core-banking modernization offerings and Nexus… Read More

February 6, 2024 @ 9:01 am By Omar Faridi  |  

Tether, which claims to be the largest company in the cryptocurrency industry, has announced its investment in Oobit, a mobile payment application. The Series A investment round has concluded “with $25 million raised for Oobit’s ongoing development, supporting its goal of mainstream cryptocurrency adoption.” This… Read More

February 6, 2024 @ 8:44 am By Omar Faridi  |  

Phasecraft – the startup led by top academics developing world-leading quantum algorithms – has won a £1.2 million UK Government contract as part of the UK’s Quantum Catalyst Fund. Phase One of the Fund saw Phasecraft awarded “a contract for a feasibility study to explore… Read More

February 6, 2024 @ 8:40 am By Omar Faridi  |  

DailyPay has chosen Northern Ireland for its expansion outside the United States in a key investment that is reportedly creating 293 new roles. The Fintech claims it is an industry leader focused on on-demand pay technology that empowers workers with greater choice and more control/flexibility… Read More

February 5, 2024 @ 11:24 pm By Omar Faridi  |  

Binance, which agreed to a massive $4.3 billion+ settlement with US regulators yet continues to face major operational challenges globally,  is pleased to welcome back their former Senior Vice President of Compliance Steve Christie, who is taking on the role of Deputy Chief Compliance Officer… Read More

February 5, 2024 @ 5:59 pm By JD Alois  |  

The European Crowdfunding Market Survey 2023 has been published by a consortium of European entities, including the University of Agder’s School of Business and Law – Center for Crowdfunding Research, LenderKit, and CrowdSpace. In past years, the Cambridge Centre for Alternative Finance (CCAF) has published… Read More