Global

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

March 15, 2024 @ 5:44 am By Omar Faridi  |  

Aquis Exchange PLC is announcing that it has been awarded the contract to provide the Central Bank of Colombia, Banco de la República, with the technology and support services for the operation of its government bond market (Sistema Electrónico de Negociación – SEN). Aquis Technologies… Read More

March 14, 2024 @ 6:53 pm By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment service provider, introduces its Card-as-a-Service (CaaS) for AI Analysis, a firm focused on AI, blockchain, and FinTech. This service empowers AI Analysis “to issue customized branded Mastercard AIA cards effortlessly, eliminating the need for managing card infrastructure intricacies. With these… Read More

March 14, 2024 @ 6:51 pm By Omar Faridi  |  

Decentralized and “confidential” computing platform Ethernity Cloud says that it is focused on establishing standards in how we “approach data privacy, security, and accessibility in the cloud.” In 2024, Etherenity Cloud started with the launch of their Liquidity Pool on Quickswap. The team says that… Read More

March 14, 2024 @ 2:18 pm By Omar Faridi  |  

Private equity fundraising declined by around 1.2% globally to $554 billion last year, according to data shared by PitchBook. And the number of funds declined by around 46% to 647 from 1,192. Funds of $5 billion or more reportedly accounted for almost 50% of 2023’s… Read More

March 14, 2024 @ 12:00 pm By Omar Faridi  |  

Dina Tsybulskaya, CEO, eSIM Plus. has commented on the impact of eSIMs on the telecom sector. Dina Tsybulskaya, CEO of eSIM Plus, is a telecom professional who claims to have 20+ years of experience in various C-level positions across Europe. As CEO of eSIM Plus,… Read More

March 14, 2024 @ 10:08 am By JD Alois  |  

UK Finance is reporting today that demand for SME financing improved in Q4 of 2023. Last year was difficult for all firms as markets, both public and private, sagged. This was due to rising interest rates paired with inflation as well as geopolitical challenges. However,… Read More

March 14, 2024 @ 9:00 am By Omar Faridi  |  

Bank payment company GoCardless has been named as a supplier on Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework, the ‘one-stop-shop’ for all open banking services for the public sector. This means GoCardless will “be eligible to bid for account information services… Read More

March 14, 2024 @ 8:44 am By Omar Faridi  |  

The European Banking Authority (EBA) published the final draft Regulatory Technical Standards (RTS) that set out the requirements, templates, and procedures for handling complaints received by issuers of asset reference tokens (ARTs). The draft RTS fulfilled a mandate conferred “on the EBA in the Markets… Read More

March 14, 2024 @ 4:22 am By Omar Faridi  |  

Sygnum’s B2B banking platform provides a secure, fully regulated bridge between traditional finance and digital assets. Through its partnership with Sygnum, PKB further “expands its portfolio of innovative new products as well as future-proofs its platform through the on-demand launch of new regulated digital asset… Read More

March 13, 2024 @ 10:01 pm By Omar Faridi  |  

In a significant development for the remittance sector, TerraPay, a global cross-border payments network, has announced a partnership with Alfardan Exchange. Based in Qatar, Alfardan Exchange provides exchange services as well as commodities like gold and coins. This collaboration aims to leverage TerraPay’s advanced digital… Read More

March 13, 2024 @ 3:41 pm By JD Alois  |  

Italy Crowd, a real estate investment platform, has decided to withdraw its application with CONSAB, the securities regulator in Italy, to issue securities under the new EU securities crowdfunding rules. At the same time, Italy Crowd has formed a partnership with Bridge Asset – another… Read More

March 13, 2024 @ 12:34 pm By Omar Faridi  |  

In a significant leap forward for the cybersecurity sector, Eye Security has announced a €36 million Series B investment led by J.P. Morgan Growth Equity Partners with participation from existing investors Bessemer Venture Partners and TIN Capital. The funding round marks “a new chapter in… Read More

March 13, 2024 @ 12:27 pm By Omar Faridi  |  

Quantexa, a global firm focused on decision intelligence solutions for the public and private sectors reveals its Decision Intelligence Platform roadmap, and provides an update on Q Assist, a generative artificial intelligence (AI) assistant that previewed in July last year. Quantexa also announced a partnership… Read More

March 13, 2024 @ 12:09 pm By JD Alois  |  

Financement Participatif France (FPF), the French Crowdfunding Association, has distributed an X that highlights women’s participation in the securities crowdfunding sector. Notoriously, the VC sector has supported fewer female-founded firms than crowdfunding platforms. Recently, Financement Participatif posted a report on investment crowdfunding activity in the… Read More

March 13, 2024 @ 12:00 pm By Omar Faridi  |  

  Do we need to brace ourselves for liquidity strains? Liquidity dried up in 2022, and while analysts expect the 2024 BTC ETF approval will help boost trading volumes, the truth is that the ‘Alameda Gap’ remains, according to Ben Roth from Auros. Even as… Read More

March 13, 2024 @ 11:27 am By Omar Faridi  |  

IQ-EQ, a global firm focused on investor services, has appointed Romain Mifsud as Chief Commercial Officer for activities in France as well as Switzerland. With 14 years’ experience in the private market industry, Romain reportedly “specializes in private equity, real estate, private debt and securitisation.”… Read More

March 13, 2024 @ 9:31 am By Omar Faridi  |  

DTCC is reporting that its Fixed Income Clearing Corporation (FICC) Treasury clearing volumes have grown 31% year over year, “processing a daily average volume of USD$7.019 trillion.” This growth comes at a time when market participant firms “are assessing the impact of the U.S. Securities and… Read More

March 13, 2024 @ 8:21 am By Omar Faridi  |  

Tide, the UK’s business financial platform, is to launch in Germany, with the country becoming Tide’s second market outside of the UK, following the successful start of its operations in India in 2022. In the UK, Tide offers small businesses “that don’t have a finance… Read More

March 12, 2024 @ 10:41 pm By Omar Faridi  |  

Bybit, which claims to be one of the largest crypto exchanges in terms of trading volume, is pleased to announce the Bybit Card is now available in Australia. Issued by Flywallet and leveraging Mastercard‘s global payments network to process transactions securely, this card debits crypto… Read More