Global

March 17, 2024 @ 5:13 pm By Omar Faridi  |  

Collectively the spot Bitcoin ETFs have been quite successful, but even individually, most of the BTC ETFs would be considered successful compared to most ETFs, according to an extensive update from NYDIG. NYDIG researchers note that price movements and ETF flows will likely work in… Read More

March 17, 2024 @ 5:08 pm By Michael Wong  |  

The Securities and Exchange Commission (SEC) of Nigeria has announced proposed revisions to the regulatory framework for cryptocurrency service platforms. The adjustments include a substantial increase in the registration fee for cryptocurrency exchanges, escalating from 30 million naira ($18,620) to 150 million naira ($93,000). The… Read More

March 17, 2024 @ 9:57 am By Omar Faridi  |  

Visa (NYSE:V), a global enabler of digital payments, and Taulia, an SAP company, and a  provider of working capital management solutions, have announced a new partnership to make embedded finance accessible to businesses worldwide. The collaboration will incorporate Visa’s digital payments technology into Taulia Virtual… Read More

March 17, 2024 @ 9:55 am By Michael Wong  |  

Saudi Arabia-based fintech firm EdfaPay announced that it has secured a vital technical accreditation from Discover Global Network, which includes prestigious entities like Diners Club International. This accreditation marks EdfaPay as a partner of one of the world’s most advanced payment networks, which serves over… Read More

March 17, 2024 @ 9:48 am By Omar Faridi  |  

N26 has reportedly launched Instant Savings in 13 new markets, offering customers up to 4% interest on deposits. Digital bank N26 recently confirmed in a blog post “the launch of its Instant Savings accounts in a further 13 markets across Europe.” From now onwards, customers… Read More

March 16, 2024 @ 3:20 pm By Omar Faridi  |  

Securities crowdfunding platform Seedrs is partnering with Outpace, a digital legal solution for startups powered by law firm Taylor Wessing. According to Seedrs, issuers that are raising – or having previously raised – money on Seedrs can now access legal solutions and advice from Outpace at “a… Read More

March 16, 2024 @ 3:11 pm By Omar Faridi  |  

D2X, a Netherlands-based crypto derivatives exchange for institutions, has secured a $10 million Series A led by Point72 Ventures. Other participants in the investment round “included GSR Markets and existing investors Tioga Capital, Fortino Capital, Jabre Capital Partners, Picus Capital, and TRGC.” The investment comes… Read More

March 16, 2024 @ 3:09 pm By Omar Faridi  |  

GoCardless, the bank payment company, has signed an agreement to acquire Sentenial Ltd, operating globally under the Nuapay brand, from EML Payments Limited (ASX: EML) subject to regulatory approvals. The acquisition will significantly scale GoCardless’ indirect channel proposition, consolidating its position as “a key payment… Read More

March 16, 2024 @ 3:04 pm By Omar Faridi  |  

Worldline [Euronext: WLN], a global enabler of payments services, has been chosen by the Cassa Centrale Group to pursue exclusive negotiations for a long-term partnership in the acquiring world. The collaboration involves the provision of services “along the value chain of digital payment acceptance and… Read More

March 16, 2024 @ 2:57 pm By Omar Faridi  |  

‍L’Atout has reportedly finalized a €2M pre-seed round to launch a platform to enhance employee benefits. L’Atout confirmed raising €2M via an investment round that includes contributions from the Paris Region Venture Fund, the seed capital fund of the Paris Region managed by Karista, and… Read More

March 15, 2024 @ 6:49 pm By JD Alois  |  

StackinSat, a France based Bitcoin startup has raised €1 Million in Series A funding, in an online securiites offering backed by 250 investors. The issuer listed the offering on Soul Invest. The company reported that the funding round is the largest online offering in the… Read More

March 15, 2024 @ 6:34 pm By Omar Faridi  |  

NatWest Group has announced a strategic minority investment in Icon Solutions, a fintech provider of payments technology and consultancy services. The investment follows the news last September that NatWest “selected Icon Payments Framework (IPF) to accelerate the bank’s payments modernisation.” Launched in 2020, IPF is… Read More

March 15, 2024 @ 4:40 pm By Omar Faridi  |  

Five months after Nubank (NYSE: NU) launched its first index funds (ETFs) through its investment fund manager, Nu Asset, Nu Renda Ibov Smart Dividendos (NDIV11) and Nu Ibov Smart Dividendos (NSDV11) have already “accumulated R$57 million in investments, with R$23 million in NSDV11 and R$34… Read More

March 15, 2024 @ 3:04 pm By Omar Faridi  |  

International insurtech bolttech recently announced its expansion into the Middle East with the launch of its partnership with stc Group, the telecommunications company acting as the engine of digital transformation in the region. bolttech’s collaboration with stc Group will “provide stc’s customers with innovative, embedded… Read More

March 15, 2024 @ 3:03 pm By Omar Faridi  |  

Nigeria is reportedly planning to further extend the detention of Binance executives. As reported by Reuters, Nigerian authorities have requested an Abuja court to prolong the detention of key Binance executives who are allegedly now part of the nation’s wide-ranging cryptocurrency crackdown. This, after an… Read More

March 15, 2024 @ 12:10 pm By Omar Faridi  |  

MeaWallet, a digital payments enabler specializing in card tokenization, announces its partnership with Fondeadora, Mexico’s financial service provider. Fondeadora, renowned as the digital alternative “to traditional Mexican banking, is on a mission to empower individuals by returning control over their finances.” Being among the first… Read More

March 15, 2024 @ 11:34 am By JD Alois  |  

ByBit is a crypto exchange that has been granted the Minimum Viable Product (MVP) Preparatory License by Dubai’s Virtual Assets Regulatory Authority (VARA), following the Provisional License it received in March 2022, has been noted as a “suspicious virtual asset trading platform” by the Hong… Read More

March 15, 2024 @ 10:39 am By JD Alois  |  

Plant-based meat substitute firm THIS is raising money on Seedrs once again. It last raised growth capital on Seedrs in 2020. According to the offering page, THIS is offering a convertible security with a 15% discount at a future priced funding round. The security will… Read More

March 15, 2024 @ 8:32 am By Omar Faridi  |  

Levenue, a revenue-based financing company, has acquired MidFunder, a Zurich-based Fintech that provides financing for companies with recurring revenue. The acquisition marks a strategic move to enhance its Swiss operations. As entrepreneurs and early-stage investors, Patrick Frei, Founder of MidFunder, and Pascal Schumperli, Co-Founder, identified… Read More

March 15, 2024 @ 8:27 am By Omar Faridi  |  

ANNA is announcing that they’ve acquired GetCape, a Sydney-based fintech that operates as a business spend management platform. The acquisition signals ANNA’s aim to “create a new SaaS (software as a service) category to take on Australia’s ‘big four’ banks, ANZ, CommBank, NAB and Westpac,… Read More