Global

December 7, 2023 @ 8:08 am By Omar Faridi  |  

KPMG has shared its response to the latest UK Q3 M&A data. Rob Baxter, UK Head of Corporate Finance at KPMG, commented: “A combination of domestic and global factors continues to suppress UK dealmaking. But while the cost of borrowing will remain high, slowing inflation… Read More

December 7, 2023 @ 8:06 am By Omar Faridi  |  

Robinhood (NASDAQ: HOOD) is launching a Crypto app, which will be offered to all eligible customers in the European Union (EU). According to a blog post by Robinhood, it is “the only custodial crypto platform where customers will get a percentage of their trading volume… Read More

December 7, 2023 @ 8:04 am By Omar Faridi  |  

Liberis, an embedded business finance solutions provider, announced it has secured $112 million in debt financing in order “to support its further growth in North America and Europe and expansion into new markets, including Canada, Poland and Germany.” This collaboration is set “to inject a… Read More

December 7, 2023 @ 3:00 am By JD Alois  |  

FinTech Scotland has announced the launch of the Financial Regulation Innovation Lab (FRIL). The project is predicted to shape the regulatory landscape for financial services in the UK as well as around the world. The Lab was created in partnership with the University of Strathclyde… Read More

December 6, 2023 @ 10:05 pm By Omar Faridi  |  

More than half (62%) of financial advisors currently allocate between 6% and 25% of clients’ portfolios to alternative asset classes, with (85%) of them expecting “to increase allocations to one or more alternative asset classes further within the next year,” according to a recent independent… Read More

December 6, 2023 @ 10:04 pm By Omar Faridi  |  

Mine, a company disrupting the data privacy market, announced that it has raised $30 million in Series B funding, co-led by Battery Ventures and PayPal Ventures, with significant investments from Nationwide Ventures and “with the participation of all existing investors including Saban Ventures, Gradient Ventures… Read More

December 6, 2023 @ 3:52 pm By Omar Faridi  |  

In another step towards developing the cryptocurrency trading platform Nubank Cripto, Nubank (NYSE:NU) announced its integration with Talos, the provider of institutional digital asset trading technology. With this partnership, customers who wish to trade crypto assets in Brazilian reais through the Nu app will benefit… Read More

December 6, 2023 @ 10:59 am By Omar Faridi  |  

Horiz.io, an SaaS platform aiming to simplify real estate investment for property search, yield calculation & rental management, has secured over €200,000 from more than 210 investors at the time of writing via its crowdfunding campaign, carried out via Crowdcube with currently less than two… Read More

December 6, 2023 @ 10:30 am By JD Alois  |  

  While many P2P lenders have fallen to the wayside or moved on to accepting only institutional funding, Folk2Folk perseveres with its original mission. Today, Folk2Folk claims the title of the UK’s largest peer-to-peer lending platform in terms of cumulative lending, having facilitated £653 million… Read More

December 6, 2023 @ 10:06 am By JD Alois  |  

Birchal, the leading securities crowdfunding platform in Australia (Crowd-sourced Funding in Aussie-speak), says it is on track to completing its most active quarter to date. According to the company, Q4 has seen 25 successful funding rounds and the platform is nearing A$ 200 million in… Read More

December 6, 2023 @ 9:33 am By Omar Faridi  |  

Mondu, the fast-growing B2B payments company, today announces a new collaboration with Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms. Through the partnership, the two companies will “offer marketplaces across Europe a proven, modular payments infrastructure which can be tailored to… Read More

December 6, 2023 @ 8:34 am By Omar Faridi  |  

Casavo highlights that technology is redefining the way in which individuals and professionals interact “with the real estate market: from algorithms that project the future value of properties to virtual experiences through augmented reality.” Proptech identifies sustainability as “a crucial element  influences home buying and… Read More

December 6, 2023 @ 8:13 am By Omar Faridi  |  

Research from the British Business Bank, UK Venture Capital Financial Returns 2023, finds UK venture capital funds continue “to perform well overall compared to their US and European counterparts, but top performing UK funds lag behind leading US funds.” Historically, US VC financial returns “were… Read More

December 5, 2023 @ 10:56 pm By Omar Faridi  |  

On November 30, 2023, Société Générale issued its first digital green bond in the form of a “ Security Token ” directly recorded by SG-FORGE on the Ethereum blockchain with transparency and traceability of ESG data. The tokens were fully subscribed “by two leading institutional… Read More

December 5, 2023 @ 9:51 pm By Omar Faridi  |  

Nubank (NYSE:NU), one of the largest digital financial services platforms, announces the expansion of Caixinhas (Money Boxes) for business account customers. Launched in July 2022 for individual users, the feature “allows financial organization and planning in an uncomplicated, customizable way, with a yield.” The feature… Read More

December 5, 2023 @ 7:53 pm By JD Alois  |  

Brazilian Fintech Inter&Co. says it has now surpassed 30 million users, an increase of 24% year over a year. Inter&Co. is a “super app” that provides a range of financial services like payments, credit, insurance and investments. João Vitor Menin, CEO of Inter&Co, said the… Read More

December 5, 2023 @ 11:05 am By JD Alois  |  

Chip, an early-stage Fintech, has returned to Crowdcube to raise another funding round. In 2021, it was reported that Chip raised £11.5 million in a funding round listed on Crowdcube. At that time, Chip saw almost 13,000 investors support the firm in an equity offering… Read More

December 5, 2023 @ 9:11 am By Omar Faridi  |  

Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling. Engine by Starling provides banks “with access to the cloud native, modular and API-based banking platform initially built by Starling‘s own in-house tech… Read More

December 5, 2023 @ 8:44 am By Omar Faridi  |  

The pan-European Fintech Fourthline selected as Qonto’s technology solution in the verification of customer compliance during onboarding (KYC) in France, Spain and Italy. Fourthline is a European fintech founded in 2017 that “has developed a technology suite enabling financial services providers to carry out KYC… Read More

December 5, 2023 @ 8:11 am By Omar Faridi  |  

Allica Bank (LSE:WISE) has partnered with Wise Platform, Wise’s global payment infrastructure for banks and major enterprises, in order “to offer our established business customers a simple and low-cost way to send money overseas.” Now clients can seamlessly make and “manage their global payments directly… Read More