Global

January 13, 2024 @ 4:05 pm By Omar Faridi  |  

Spectrum Markets, the pan-European trading venue for securities saw a surge in overnight activity on products “linked to bitcoin, in the hours following the SEC’s announcement approving the first spot bitcoin ETF.” The volume of bitcoin-linked instruments “traded on Spectrum Wednesday was five times higher… Read More

January 13, 2024 @ 10:46 am By Omar Faridi  |  

According to Office for National Statistics data published recently, there is now a record number of people in the UK “aged over 90 in England and Wales, up by 2.1% in 2022 to 550,835 people,” the team at PensionBee noted. The number of centenarians (people… Read More

January 13, 2024 @ 10:43 am By Omar Faridi  |  

Open Campus announced that Open Campus ID, its decentralized identifier (DID), will launch on 23 January to “connect potentially millions of learners from Open Campus’ network of partners to Web3 education through the Open Campus Alliance.” The Open Campus Alliance is described as “an ecosystem… Read More

January 13, 2024 @ 10:39 am By Michael Wong  |  

Finoa, a Berlin, Germany-based regulated crypto platform catering to smart capital allocators, announced that it has successfully raised $15 million in a fresh funding round. The investment was co-led by Maven 11 Capital and Balderton Capital, with additional contributions from Blue Bay Ventures, Signature Ventures,… Read More

January 13, 2024 @ 10:37 am By Michael Wong  |  

Prometeo, a Latin America-focused Fintech infrastructure firm, announced that it had secured $13 million in Series A funding led by Antler Elevate. The round also saw participation from new investors, including PayPal Ventures, Samsung Next, and partners from DN Capital, as well as continued support… Read More

January 13, 2024 @ 6:17 am By Omar Faridi  |  

Fill/ Refill, a Northamptonshire family-run manufacturer has received over £600k of financing from Metro Bank in order to “help it achieve its aspirations to be the most responsible closed-loop maker and supplier in the UK.” The independent business formulates, designs and “creates a range of… Read More

January 12, 2024 @ 10:37 am By JD Alois  |  

The pan-European payments Finteh Lemonway says it doubled revenue in 2023 when compared to 2022. During the year, Lemonway reports that it processed €9.6 billion, or a 24% increase compared to 2022. Lemonway works with some big names like SNCF. Decathlon, Drouot and others. In… Read More

January 12, 2024 @ 9:46 am By JD Alois  |  

Switzerland-based payments Fintech Rivero has raised a $7 million series A funding round, according to the company. The funding was led by 6 Degrees Capital and Inference Partners, with participation from PostFinance, Kraken Ventures, Seed X Liechtenstein, and former COO of Adyen, Robert Kraal, and… Read More

January 12, 2024 @ 9:36 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, released its annual findings on global financial institution enforcement actions, which reveal that “the value of penalties imposed on firms surged 57% in 2023.” Penalties for failing… Read More

January 12, 2024 @ 8:40 am By Omar Faridi  |  

Recruitment intentions remained subdued as 2023 drew to a close, according to the latest KPMG and REC, UK Report on Jobs survey, compiled by S&P Global. Permanent placements and temp billings “declined again in December, albeit at softer rates than in November, as employers maintained… Read More

January 12, 2024 @ 8:37 am By Omar Faridi  |  

Galaxy Asset Management, which claims to be one of the largest digital assets and blockchain investment managers, in partnership with Invesco Ltd. (NYSE: IVZ), a global provider of exchange-traded funds (ETFs), announced the launch of the Invesco Galaxy Bitcoin ETF (BTCO). BTCO invests directly in… Read More

January 12, 2024 @ 8:31 am By Omar Faridi  |  

Ransomware incidents reported to UK financial regulators doubled in 2023, according to an extensive update shared with CI. A Picus Security FOI analysis of cyber incidents reported “to the Financial Conduct Authority reveals an increase in ransomware incidents in the first half of 2023.” Picus… Read More

January 12, 2024 @ 3:14 am By Omar Faridi  |  

Andaria, a fintech company, is pleased to announce its collaboration with Mastercard (NYSE: MA) to empower its embedded finance proposition. This alliance with Mastercard signifies a considered to be “a major milestone and a pivotal role in Andaria’s mission to enhance the quality of its… Read More

January 12, 2024 @ 2:12 am By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace that helps people buy, co-own, and sell a vacation home, announces its operational expansion into Paris, marking the company’s inaugural entry into the vibrant French real estate landscape. With the introduction of Paris, Pacaso marks its “expansion into 40… Read More

January 12, 2024 @ 1:08 am By Omar Faridi  |  

Nu México is launching the option to receive money from the United States, in association with Felix Pago. This strategic alliance with Felix Pago simplifies “the process of sending money from the United States to Mexico and revolutionizes the landscape of cross-border money transfers, taking… Read More

January 12, 2024 @ 12:10 am By Omar Faridi  |  

Currencycloud, the experts simplifying business in a multi-currency world, has partnered with multifi, the UK-based cashflow management platform, in order “to provide UK-based small and medium-sized businesses (SMBs) with an enhanced international payment solution, allowing them to seamlessly convert and send funds to their global… Read More

January 11, 2024 @ 10:22 pm By Omar Faridi  |  

Pismo, a provider of a cloud-native and API-based platform for financial services, announces a significant milestone in its growth journey. Australian fintech Tyro Payments is “adopting the Pismo payment-processing platform to enhance its product portfolio.” Tyro, which reportedly specializes “in merchant credit, debit, and EFTPOS… Read More

January 11, 2024 @ 6:29 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that it has partnered with Chimney, a fintech transforming how financial institutions use property data. Through this strategic partnership, financial institutions “can empower homeowners with the… Read More

January 11, 2024 @ 6:26 pm By JD Alois  |  

Cyabra has announced that Mike Pompeo, the former Secretary of State and one-time CIA Director, has joined its Board of Directors. At the same time, Cyabra announced that it had completed a $5.7 million funding round. The securities offering was listed on the OurCrowd platform… Read More

January 11, 2024 @ 12:37 pm By Omar Faridi  |  

Finix, the payments technology provider enabling businesses to accept and send payments online or in-person, announced the launch of Payouts, its standalone product line. Payouts enables businesses across all industries to efficiently send money at scale, regardless of whether they utilize the broader Finix payments… Read More