Global

February 13, 2024 @ 5:24 pm By Omar Faridi  |  

During the rise and fall of an “unprecedented” bull market across 2021 and 2022, founders and investors had to navigate a wild ride of ups and downs, the team at Carta noted. That volatility diminished in 2023. The startup ecosystem trundled “along at a slow… Read More

February 13, 2024 @ 4:09 pm By JD Alois  |  

  The Cambridge Centre for Alternative Finance (CCAF)  has revealed the Cambridge Digital Money Dashboard (CDMD). The Centre is part of the Cambridge Judge Business School, University of Cambridge. CCAF is the leading independent research group covering the world of Fintech, including digital assets. The… Read More

February 13, 2024 @ 10:47 am By Omar Faridi  |  

Visa (NYSE:V), a global enabler of digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the provider of virtual payments technology, to enhance how businesses manage transactions globally. The innovation enables… Read More

February 13, 2024 @ 9:04 am By Omar Faridi  |  

Private equity investor LDC has invested in the Insurtech business Uinsure. Founded in 2007, Uinsure is a cloud-based tech platform “that connects financial intermediaries and lenders with a panel of the UK’s insurers, enabling its customers to arrange cover through a frictionless platform that has… Read More

February 13, 2024 @ 8:54 am By Omar Faridi  |  

Nordic Capital has signed an agreement to acquire a majority share in Zafin, a provider of SaaS core modernization and transformation solutions for financial institutions around the world. Zafin’s founders and management are said to be reinvesting in the company alongside Nordic Capital. Zafin is… Read More

February 13, 2024 @ 8:45 am By Omar Faridi  |  

LendInvest Mortgages, which claims to be the UK’s leading platform for mortgages, has launched a redesigned and updated Mortgages Portal now including LendInvest’s Buy-to-Let mortgages, providing brokers with a one-stop-shop for all LendInvest Mortgages products. Brokers can now access all Residential, Buy-to-Let, and Bridging products… Read More

February 13, 2024 @ 8:30 am By Omar Faridi  |  

Crypto Finance AG, part of Deutsche Börse Group, has reached another milestone in its history. The prudentially FINMA-supervised provider of institutional-grade investment solutions, custody, and trading “for digital assets has now also secured four licenses from the German Federal Financial Supervisory Authority, BaFin.” The licences… Read More

February 13, 2024 @ 7:23 am By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, announced its new customer, Internet Travel Solutions (ITS), a provider of travel management software that will utilize Marqeta’s comprehensive credit card platform to launch a multi-use… Read More

February 13, 2024 @ 5:25 am By Omar Faridi  |  

iDenfy, a Lithuanian Regtech known for its full-stack ID verification service, announced a  partnership with RaiseFX, a key player in the CFD broker sector. This partnership will help RaiseFX offer a user-friendly ID verification workflow, allowing clients to gain access to various trading and investment… Read More

February 13, 2024 @ 2:48 am By Omar Faridi  |  

NCR Atleos Corporation (NYSE: NATL) says that Banco Sabadell, a large Spanish bank, has selected Atleos as its ATM network partner to provide its customers with easy, secure access to cash and financial services outside of its branches. Banco Sabadell customers will soon be “able to… Read More

February 12, 2024 @ 10:25 pm By Omar Faridi  |  

Trumid recently reported its January performance. The electronic bond trading platform announced “record” monthly activity. Trumid, a financial technology company and fixed income electronic trading platform, reports record trade volume and user participation highlights for January 2024. January Highlights shared by Trumid are as follows:… Read More

February 12, 2024 @ 10:22 pm By Omar Faridi  |  

Financial activities–from paying bills to checking bank balances to sending money to friends–have increasingly “moved online, making digital literacy critical to managing our finances,” according to an update from Capital One. Adam Davis, Vice President, Financial Health, Inclusion, and Liquidity at Capital One, said: “Financial… Read More

February 12, 2024 @ 6:16 pm By Omar Faridi  |  

Though the venture market was in a state of declines over the past couple of years, much of the pricing pressure has not yet forced pre-seed or seed-stage valuations below the highs of 2021, according to an update from Pitchbook. While it’s true this area… Read More

February 12, 2024 @ 6:04 pm By Omar Faridi  |  

Hong Fan, OKX President, notes that she’s pleased to announce a major milestone in OKX’s global expansion – they have officially launched our leading crypto exchange and Web3 services in Argentina. Given Argentina’s position as one of the “top” crypto markets in Latin America with… Read More

February 12, 2024 @ 6:03 pm By Omar Faridi  |  

Businesses in Australia are reportedly faring well despite changing economic conditions, says Westpac’s latest business snapshot. Australian businesses are largely managing “slowing consumer demand and are cautiously optimistic as they head into 2024.” Westpac’s latest Quarterly Business Snapshot), which “analyzes millions of daily business banking… Read More

February 12, 2024 @ 11:47 am By Omar Faridi  |  

The UK government will invest £100 million in AI research and training regulators on the technology. A good portion of the cash infusion will be spent on new research hubs across the UK. Bridgewise, an AI financial intelligence platform, has shared insights following this announcement…. Read More

February 12, 2024 @ 10:00 am By Omar Faridi  |  

We recently caught up with Ram Ramachandran, the CEO at Router Protocol, which supports building an interoperable Web3 with modular cross-chain infrastructure. Ram Ramachandran commented on what can be done to help regain users’ privacy and security in Blockchain in 2024. Ramani Ramachandran, CEO of… Read More

February 12, 2024 @ 9:58 am By Omar Faridi  |  

UK Finance has announced the appointment of Thierry d’Argent, CEO of Societe Generale UK; Saif Malik, CEO, UK, Standard Chartered; and Mickey Schiller, CEO of Leumi UK, to its Board, effective 8 February 2024. TS Anil, CEO, Monzo; and Kelly Devine, Divisional President UK &… Read More

February 12, 2024 @ 9:32 am By Omar Faridi  |  

SME anxieties regarding a potential recession have eased by a third (32%) since Q4 2022, though inflation concerns remain, according to iwoca’s Q4 2023 SME Expert Index. Under half (49%) of SME finance brokers surveyed “report their SME clients having any recession fears––a significant drop… Read More

February 12, 2024 @ 8:27 am By Omar Faridi  |  

Global Insurtech funding and deals slide to 6-year lows in 2023, according to an update shared by CBInsights. Insurtech startups had a “brutal” 2023, with funding and deals reaching 6-year lows — in line with the broader venture slowdown, the team at CBInsights noted. Nevertheless,… Read More