Global

January 22, 2024 @ 7:58 am By Omar Faridi  |  

Business activity at UK small and medium-sized enterprises (SMEs) expanded at the fastest rate for seven months in December, “led by renewed growth in the service economy.” Adding to signs of a steady turnaround in business conditions, new orders “stabilized at the end of 2023,… Read More

January 22, 2024 @ 7:54 am By Omar Faridi  |  

Following its launch in the Netherlands last year, smeGo aims to expand further in Europe and offer established SMEs “a full range of financial services and digital tools.” In 2024, smeGo says that it plans to “maintain the pace of its growth and is actively… Read More

January 22, 2024 @ 5:48 am By Omar Faridi  |  

NAB has partnered with Microsoft (Nasdaq: MSFT) to deliver a free cyber assessment tool in order “to help Aussie small businesses prepare for and bounce back from a cyber attack.” The tailored, self-assessment – available for all Australian businesses from now – “takes under two… Read More

January 21, 2024 @ 10:13 pm By Omar Faridi  |  

Mintos recently revealed that it has officially launched operations in the German market, and they’re pleased to share more updates. Mintos claims that its focus remains simple, yet straightforward – “offering you accessible new ways to invest your money, so you can diversify your portfolio,… Read More

January 21, 2024 @ 7:45 pm By Omar Faridi  |  

Eltropy, the digital conversations platform for community financial institutions (CFIs), has recently announced the launch of Lobby Management – a new capability to create better in-branch experiences. Part of Eltropy’s Unified Digital Conversations Platform, Lobby Management empowers in-branch associates “to manage customer flow effectively, all… Read More

January 21, 2024 @ 7:08 pm By Omar Faridi  |  

Vertice, which claims to be the “only” integrated SaaS and cloud spend management platform, has recently announced a $25 million Series B following a year of revenue growth. The company reports that it has now “raised a total of $51 million since January 2022, upping… Read More

January 21, 2024 @ 6:07 pm By Omar Faridi  |  

Robocash investors positively assessed the results of the past year, according to the latest market research and analysis. Almost a third of respondents claim that they now plan “to increase their investment portfolios in 2024.” Robocash analysts questioned investors in order “to find out how… Read More

January 21, 2024 @ 6:06 pm By Omar Faridi  |  

2023 was a year of “recovery” for cryptocurrency, as the industry “rebounded from the scandals, blowups, and price declines of 2022,” according to an extensive update shared by Chainalysis. With crypto assets rebounding and market activity growing over the course of 2023, many believe that… Read More

January 21, 2024 @ 6:02 pm By Omar Faridi  |  

Global financial technology company SumUp continues its efforts to support small businesses and recently unveiled several new product features. Since its founding in 2012, SumUp claims that it “has delivered a consistent stream of sector-defining products, all launched with SMEs in mind – helping them… Read More

January 21, 2024 @ 5:46 pm By Omar Faridi  |  

Regtech Sumsub has reportedly joined the MENA FinTech Association (MFTA) in order to drive business growth in the MENA region, while “raising identity fraud awareness, and fostering innovation in the fintech sector.” This partnership highlights Sumsub’s commitment “to establishing and strengthening key industry connections and… Read More

January 21, 2024 @ 6:17 am By Omar Faridi  |  

Dataroid, which claims to be a foremost player of the digital analytics and customer engagement industry, supporting various industries with a notable emphasis on banking and financial services, has reportedly secured a US$2 million investment. Dataroid, a key player in the digital analytics and customer… Read More

January 20, 2024 @ 9:36 pm By Michael Wong  |  

Bharatsure, an emerging Insurtech startup based in India, has reportedly raised $1 million in a funding round anchored by early-stage venture capital fund Capital-A. The round also saw contributions from Grip Invest and a cohort of existing investors, including Inflection Point Ventures, Dexter Ventures, HEM… Read More

January 20, 2024 @ 3:56 pm By Omar Faridi  |  

Valmar Capital, a digital assets multi-manager multi-strategy platform, notes that volumes, in particular, the 7-day ADV across spot and futures markets are all markedly “lower than the prior week as activity going into the BTC ETF event has waned.” Valmar Capital stated in an extensive… Read More

January 20, 2024 @ 1:07 pm By Omar Faridi  |  

Billink, the Netherlands-based Buy Now Pay Later (BNPL) solution trusted by 3 million shoppers, has raised €29.5 million from the German Varengold Bank. The payment provider will use the funding “to expand its offering to the top-50 largest Benelux web shops, enter the German market,… Read More

January 20, 2024 @ 1:05 pm By Omar Faridi  |  

Pomelo is reporting that it has raised a new funding round of $40 million, with the aim of consolidating their leadership in payment technology in Latin America. Pomelo says its investment round was led by Kaszek, which is reportedly one of the largest venture capital… Read More

January 20, 2024 @ 12:59 pm By Omar Faridi  |  

Dan Morehead, the Founder and Managing Partner of Pantera Capital, recently looked into whether altcoins can outperform Bitcoin during this bull cycle. Dan Morehead noted that this is a question they often hear from digital assets and blockchain industry participants. His colleagues Cosmo Jiang and… Read More

January 19, 2024 @ 5:30 pm By Omar Faridi  |  

Digital Onboarding, the SaaS company helping more than 100 financial institutions deepen their customer relationships, announced it closed a $58 million growth investment from Boston-based growth equity firm Volition Capital. The investment follows secular growth for Digital Onboarding as banks and credit unions increasingly “seek… Read More

January 19, 2024 @ 2:12 pm By Omar Faridi  |  

Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on “helping high growth climate tech startups to connect, grow and scale.” The site has undergone a significant retrofit, “with the goal of reducing its carbon emissions by 90 per cent compared to 2018.”… Read More

January 19, 2024 @ 11:31 am By JD Alois  |  

In the ongoing push to offer smaller investors greater access to assets typically reserved for the wealthy, Seedrs has announced it will be offering Venture Capital Trusts (VCTs). VCTs are closed-end fund-like vehicles that invest in private firms. VCTs trade on the London Stock Exchange…. Read More

January 19, 2024 @ 10:14 am By JD Alois  |  

The Moroccan Capital Markets Authority (AMMC) has published a new guide on crowdfunding. The guide is to help market participants understand the regulatory and legal requirements to operate under the new framework. According to the AMMC: “The new handbook presents a summary of the main… Read More