Global

December 14, 2023 @ 9:11 am By JD Alois  |  

Tokeny, a top digital asset enabler based in Europe, has received a strategic investment from Apex Group. The terms of the deal were not revealed, with Apex being labeled the “strategic lead” in the round, which did not mention other investors. Tokeny provides a compliant… Read More

December 14, 2023 @ 8:57 am By Omar Faridi  |  

Mintos is pleased to announce that we just launched new Fractional Bonds on their platform. This is reportedly their first Fractional Bonds offer from iCotton, which is “a manufacturing company with products exported all over Europe, operating since 2011.” In the first 9 months of… Read More

December 14, 2023 @ 8:45 am By Omar Faridi  |  

Regtech Salv, with its suite of tools to help banks and service companies fight financial crime, has raised €3.9m in new funding, “bringing its capital raised this year to €7.9m and total funding to €12.1m.” The round includes investments “from new and existing investors and… Read More

December 14, 2023 @ 8:43 am By Omar Faridi  |  

The team at CBInsights has identified some of the most successful startup accelerators like Y Combinator, Techstars, and 500 Global based on “the strength of their portfolios.” As stated in the update from CBInsights, despite the economic slowdown, startup accelerators continue to play “a crucial… Read More

December 14, 2023 @ 7:36 am By Omar Faridi  |  

Debitum notes that there are many Auto Invests in the market, and that they have had an opportunity to try them, adopt the “best” practices, and come up with something innovative. As the P2P industry supports passive investing, Debitum claims that its goal was to… Read More

December 14, 2023 @ 6:14 am By Omar Faridi  |  

In November 2023, investors invested a total of €2.24M  in agricultural projects through HeavyFinance. €1.90M was reportedly paid out for the farmers “with the capital spread across 54 different loans.” As of November 2023, HeavyFinance has “successfully issued a total of 46.63 million EUR in… Read More

December 14, 2023 @ 6:11 am By Omar Faridi  |  

Climate finance was central to discussions at COP28 in Dubai and funding to reach net-zero and restore biodiversity is still falling short, according to an update shared by the World Economic Forum (WEF). New research published by WEF highlights priorities “for action and shows how… Read More

December 14, 2023 @ 5:55 am By Omar Faridi  |  

Sygnum launches its inaugural institutional investor crypto survey report, Future Finance 23. The purpose of the research is “to accurately measure institutional crypto adoption, track trends over time, and profile the needs and challenges of future institutional crypto market entrants.” Key themes include: 40% of… Read More

December 14, 2023 @ 5:45 am By Omar Faridi  |  

Approval phishing is a scamming tactic that has existed for many years, the Chainalysis team notes. But whereas approval phishing scammers have historically “targeted wide swaths of crypto users through the proliferation of fake crypto apps, romance scammers (also known as pig butchering scammers) appear… Read More

December 13, 2023 @ 10:10 pm By Omar Faridi  |  

In the ever-changing landscape of economic uncertainties, the third quarter of 2023 brought both challenges and glimpses of recovery in household finances. UK Finance‘s Household Finance Review, published recently, delves into “the key trends and indicators that shaped consumer behavior during this period.” Q3 witnessed… Read More

December 13, 2023 @ 7:11 pm By Omar Faridi  |  

ClearBank is providing LemFi with agency banking services to enhance international payment services for emerging market immigrants in North America and Europe. ClearBank, the enabler of real-time clearing and embedded banking for financial institutions,  announced its partnership with LemFi (formerly known as Lemonade Finance), a… Read More

December 13, 2023 @ 3:07 pm By JD Alois  |  

Latin American Fintech Bitso says it facilitated USD $8 billion in payments during 2023. Bitso said this represents a 60% increase versus 2020. The company claims that it provides services to more than 1700 companies leveraging blockchain technology to provide global transfers, payouts, and other… Read More

December 13, 2023 @ 2:51 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, continues to expand its investment product offerings. Gradually, over the next few weeks, the company’s customers in Brazil will “be able to access and trade Real Estate Credit Bonds (LCI) and… Read More

December 13, 2023 @ 2:46 pm By Omar Faridi  |  

Citi (NYSE: C) has led a strategic investment round in Supra. Far Out Ventures and H20 Capital also participated in the financing round. Supra is a Colombian fintech that “enables cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) that participate in import… Read More

December 13, 2023 @ 1:20 pm By JD Alois  |  

Rising interest rates, banking trauma, government spending, and geopolitical strife have caused private money to hit the pause button when it comes to investing. CI has reported repeatedly that private equity and venture capital have cratered in the last year. And it makes sense. Why… Read More

December 13, 2023 @ 10:56 am By Omar Faridi  |  

The HBAR Foundation and Archax have shared plans to enhance their partnership by expanding support for HBAR staking, the native cryptocurrency of the Hedera network, as well as the pursuit of further tokenisation projects. Building on the recent addition of HBAR to its crypto spot… Read More

December 13, 2023 @ 10:28 am By JD Alois  |  

B2B payments platform Melio has announced real-time payments for their customers. For their business clients, there is an option for payments to be immediate instead of waiting days or the invoice due date. Matan Bar, Melio’s CEO and co-founder, says that consumers have utilized real-time… Read More

December 13, 2023 @ 10:03 am By JD Alois  |  

The British Business Bank has added to an existing ENABLE Build Facility to United Trust Bank (UTB) increasing the amount by £100 million. Now, the total facility is at £350 million. According to the British Business Bank, UTB has now provided £830 million to smaller… Read More

December 13, 2023 @ 9:50 am By Omar Faridi  |  

This past week saw the release of Bitcoin Core 26.0, ushering in a new version of “Bitcoin,” the team at NYDIG noted. While the Bitcoin ecosystem at large consists of numerous pieces of software that interoperate (wallets, mining software, Lightning, alternative implementations of Bitcoin written… Read More

December 13, 2023 @ 9:41 am By Omar Faridi  |  

Growth of the UK economy in November was reportedly centered on London, according to the latest NatWest Regional PMI survey. Inflationary pressures were also strongest in the capital, “with firms there recording the steepest rises in both input costs and average prices charged for goods… Read More