Global

We find Fintech news from around the world and share it with you here.

Chainalysis Appoints Omesh Agam as Chief Information Security Officer

Chainalysis is announcing that Omesh Agam has joined the company as the Chief Information Security Officer (CISO). Omesh reportedly brings to Chainalysis “more than 20 years of experience in cybersecurity, having served in leadership positions for global security operations, security engineering, and all facets of… Read More

10x Banking Teams Up with UK’s Mast, the Cloud-Native Mortgage Origination Platform

10x Banking, the transformational cloud-native SaaS core banking platform, and Mast, the cloud-native mortgage origination platform specialising in the UK market, are thrilled to announce their partnership, enabling real-time connectivity between the two systems. Alongside the partnership comes an API integration guide “on 10x Docs,… Read More

Royal Bank of Scotland Report on Jobs Survey Signals Decline in Permanent Roles

The Royal Bank of Scotland Report on Jobs survey signalled a fresh decline in permanent staff appointments across Scotland during December. The pace of reduction was reportedly “the strongest since April, as growing economic uncertainty weighed on hiring decisions and discouraged workers from seeking new… Read More

UK’s Acquired.com, a Payments Firm, Partners with Lenvi, the Fintech Provider of Lending Software

Acquired.com, a UK payments specialist and payment initiation service provider, and Lenvi, the leading Fintech provider of lending software, servicing, and risk management solutions, are pleased to announce a new partnership that sees Acquired.com offering tailored, streamlined, and modern payment solutions across Lenvi’s loan portfolio…. Read More

Architect Partners Releases Crypto M&A and Financing Report, Focused on Crypto-related Dealmaking Activity

Architect Partners LLC, the M&A and strategic financing advisor to crypto, digital asset, blockchain, DeFi and fintech companies, released its Year-End 2023 Global Crypto M&A and Financing Report, the “for analysis into the global activity that is shaping the landscape of crypto dealmaking.” The research… Read More

Bitstamp Enters Surveillance Sharing Agreement (SSA) with Cboe

Bitstamp and Cboe are uniting in an effort to “elevate” crypto integrity. The firms are pleased to share an exciting development at Bitstamp: They’ve established a Surveillance Sharing Agreement (SSA) with Cboe. By working with Cboe‘s BZX Exchange, Bitstamp says that it is “continuing crypto’s… Read More

Bitso Shares Predictions for 2024

Latin American digital asset platform Bitso has distributed a list of predictions for 2024. Felipe Vallejo, Chief Corporate Affairs Officer at Bitso, the end of 2023 was positive for Bitso: “… not only because we reached 8 million users globally and 1,700 institutional clients, but… Read More

GenoCrowd Lists Third Project AS Unternehmensgruppe, 14th to Date

German real estate investment platform GenoCrowd has launched its 14th securities offering to kick off the new year. The offering is in partnership with AS Unternehmensgruppe – the third project listed by the company on GenoCrowd. The funding round is for a real estate project… Read More

Additional £21.25 Million to Be Provided by British Business Bank to Fuel Funding for Smaller Firms in Partnership with Tower Leasing

The British Business Bank has announced an additional £21.25 million in funding for an existing ENABLE facility. The funding is in partnership with Tower Leasing. According to a statement distributed by the Bank, the money will go to fund smaller businesses aiming to acquire assets… Read More

A Thing of the Past? Over a Fifth of UK Consumers Haven’t Visited a Bank Branch in Past Year – Report

Since the COVID-19 pandemic accelerated the transition to online banking, UK individuals are visiting their local bank branches less often and less frequently. Research courtesy of KPMG indicates that 21% of UK consumers haven’t visited a bank branch in the last year, up from 14%… Read More

Majority of UK Startups Self-Finance New Ventures – Research Study

Financing a new business can be one of the biggest hurdles entrepreneurs face, according to an update shared by UK’s Starling Bank. Some 85% of UK startups launched in the last three years “have relied on the founder’s personal capital as the initial source of… Read More

North Korean Hacking Groups Stole $600M in Crypto Last Year – Research Report

Hackers tied to North Korea stole at least USD$ 600 million in cryptocurrency in 2023, according to new research by TRM Labs. Additional hacks carried out in the final days of last year could, if confirmed to “have been committed by North Korea, push this… Read More

Coinshares Reports Solid Start for Bitcoin (BTC), Ethereum (ETH), Other Digital Assets with Steady Inflows

Coinshares (Nasdaq Stockholm: CS; US OTCQX: CNSRF)  is reporting a solid start for digital assets as we prepare for 2024, with $151 million in total inflows. According to the CoinShares latest weekly update, digital asset investment products saw considerable inflows during the first week of… Read More

CME Group Reports Record Annual Average Daily Volume of 24.4 Million Contracts in 2023

CME Group, which claims to be one of the leading derivatives marketplaces, reported its full-year, Q4 and December 2023 market statistics, “showing it reached a record average daily volume (ADV) of 24.4 million contracts during the year, an increase of 5% over 2022.” Q4 ADV… Read More

Investors Should “Buckle Up” as Markets Could Drop by Up to 20% During a Volatile Q1 2024, Fintech Industry CEO Says

Investors should “buckle up” as markets are likely to be volatile in the first quarter of 2024 and could drop by up to 20% – but you could find there are more opportunities to make money, affirms the CEO of an independent financial advisory and… Read More

Seedrs Books 5th Exit in 2023

Seedrs, part of Republic, has booked its 5th exit for investors in 2023. According to an X, UK-based Sennen has been acquired by renewable energy firm Kraken. (not the crypto exchange). Sennen provides software that caters to managing renewables and power storage. Sennen was part… Read More

UK’s P2P Lending Market Experienced Steady Growth in 2023 and It’s Set to Continue Expanding in 2024, Sourced Capital Claims

The UK peer-to-peer (P2P) lending market witnessed “rapid” growth in 2023 and is set to continue into 2024, according to an update from  Sourced Capital. Although the market is growing according to reports from certain industry participants, there are many platforms/firms that have exited the… Read More

Elliptic, a Blockchain Analytics and Data Intelligence Firm, Is Expanding Public Sector Practice

Elliptic, a blockchain analytics and data intelligence company, is expanding its public sector practice to meet the increasing demand “for its crypto identity data from U.S. national security and law enforcement agencies.’ Elliptic has welcomed Tom McDivitt as Chief Revenue Officer and Matthew Price as… Read More

UK’s Real Estate Industry Reacts to Latest Mortgage Approval Data from the Bank of England

The property industry has reacted to the latest mortgage approval data from the Bank of England. The latest figures show that mortgage approvals for November 2023 sit “at 50,067, up from 47,888 in October.” According to an update shared with CI, this marks “a YoY… Read More

Financial Infrastructure Firm Plaid Says Consumers Are Increasingly Using Bank Accounts to Sign-Up for Fintech Apps

Everything that Plaid is building together is part of a “bigger picture” which includes helping millions find financial freedom. As Plaid and its team prepares for 2024, they’ve taken a look back at what they consider to be the year’s biggest highlights and what they’ve… Read More

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