Global

October 26, 2023 @ 2:28 pm By JD Alois  |  

OurCrowd, a global online investment platform allowing investors to access early-stage investments alongside big-name VCs, has announced a new Artificial Intelligence (AI) fund. On OurCrowd, smaller (accredited) investors may back promising young firms from Israel and around the world. OurCrowd also has a roster of… Read More

October 26, 2023 @ 12:01 pm By JD Alois  |  

multifi has received a commitment of £10 million from Fasanara Capital to support UK SMEs, according to a statement from the company. The digital lender says businesses may tap into credit of up to £200,000 with a fixed monthly access fee of 0.3% and an interest… Read More

October 26, 2023 @ 10:27 am By JD Alois  |  

The Enterprise Investment Scheme (EIS) and Seed Investment Enterprise Scheme (SEIS) provide materially important tax benefits for investors in early-stage firms in the UK. Designed to encourage the support of entrepreneurs and younger firms, EIS and SEIS mitigate risk for investors while possibly generating tax-free… Read More

October 26, 2023 @ 9:15 am By JD Alois  |  

The Governing Council of the European Central Bank (ECB) has decided to hold rates steady today. The Council indicated that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at… Read More

October 26, 2023 @ 9:01 am By JD Alois  |  

The Future Fund was one of several programs designed by the UK government to backstop firms during the COVID crisis. Managed by the British Business Bank, the Future Fund was created to help early-stage ventures which frequently need ongoing cash injections to get to profitability…. Read More

October 26, 2023 @ 8:02 am By Omar Faridi  |  

Contributing Worldcoin developers recently updated the project’s state bridges to use a new architecture that saves gas and enables anyone to easily “create a bridge for any Ethereum Virtual Machine (EVM) compatible chain.” With the revised architecture, teams can now “develop and operate their own… Read More

October 26, 2023 @ 7:57 am By Omar Faridi  |  

Following Coinbase’s (NASDAQ:COIN) AML registration with the Bank of Spain last month, the team has welcomed its first hire in the market. Attending the European Blockchain Convention in Barcelona this week, the team says they will be “hosting a launch party to celebrate these recent… Read More

October 25, 2023 @ 10:05 pm By Omar Faridi  |  

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, announced Nitin Gupta as Chief Revenue Officer. He reports to CEO, Stephen Murphy. Prior to Genesis, Gupta was the Americas Sales Leader for Global Financial Services EMEA at Amazon Web Services, where he… Read More

October 25, 2023 @ 10:02 pm By Omar Faridi  |  

Ripple, the firm focused on enterprise blockchain and crypto solutions, has announced a new partnership with Uphold, the global Web3 financial platform. The partnership will see Uphold provide Ripple “with enhanced crypto liquidity capabilities to underpin and enhance its cross-border payments infrastructure.” Known for its… Read More

October 25, 2023 @ 10:00 pm By Omar Faridi  |  

Thought Machine, the cloud-native banking technology company, announces it has partnered with Form3, the cloud-native account-to-account platform, to add FedNow, TCH RTP and SEPA Instant Credit Transfer connectivity to Thought Machine’s payment platform, Vault Payments. This partnership brings together two payment solutions, “offering banks and… Read More

October 25, 2023 @ 9:53 pm By Omar Faridi  |  

The Osprey Total Return Pool is the “first” actively managed investment grade credit portfolio available on-chain. The strategy of the pool is powerful: deliver “a total return from a short-duration Investment Grade credit portfolio of ‘real-world-assets’ including; Treasury Bills, Asset-Backed Securities, and Loans.” The pool… Read More

October 25, 2023 @ 9:50 pm By Omar Faridi  |  

Bakkt is pleased to share that they are supporting a new open standard for money transmission: Universal Money Addresses or “UMAs.” Bakkt has collaborated with Lightspark to be one of its initial partners, and they are pleased to announce the alpha launch of our UMA-capable Lightning service…. Read More

October 25, 2023 @ 2:29 pm By JD Alois  |  

Freemarket has been approved by the Central Bank of Ireland as a Payment Institution. The UK-based Fintech provides B2B payments and currency exchange. Freemarket said the approval will help with its European expansion plans as it now has access to all EEA countries. Freemarket has… Read More

October 25, 2023 @ 2:20 pm By Omar Faridi  |  

Capchase, the revenue acceleration platform for Software-as-a-Service (SaaS) companies, announced a global partnership with Republic – an ecosystem of Web3 optimized financial services that are “building the digital infrastructure required to support a fully democratized future of finance.” The partnership will enable Republic’s global portfolio… Read More

October 25, 2023 @ 12:29 pm By Omar Faridi  |  

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, announces the appointments of Peter Marton, former Deputy Superintendent of Virtual Currency at the New York State Department of Financial Services (NYDFS), and cryptographer, Chaitanya Reddy Konda, who “designed… Read More

October 25, 2023 @ 11:45 am By JD Alois  |  

US-based switching platform Squeeze has acquired UK-based Youtility, an embedded finance management firm working with banks and Fintechs. The terms of the acquisition were not revealed by the companies. Youtility’s tech platform is backed by some big firms, including Barclays, The Joseph Rowntree Foundation, Big… Read More

October 25, 2023 @ 10:06 am By JD Alois  |  

Ledger, best known for its hardware digital wallets, is now offering tokenization services via its enterprise division or turning assets into digital assets. In a blog post, Legder said it was “unlocking institutional opportunities” as more firms look to leverage distributed ledger technology to issue… Read More

October 25, 2023 @ 9:57 am By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, announced a new global survey that revealed surging demand for cloud-based financial services “with more than 80 per cent of SMBs looking to switch away from traditional banks for their payment needs.” The report, jointly… Read More

October 25, 2023 @ 9:33 am By Omar Faridi  |  

CoinList, the crypto launchpad and exchange that provides access to established crypto assets, recently conducted a survey of over 500 validators and testnet participants in order to gain insight “into their preferences and inform their future initiatives.” Testing crypto products and protocols “requires active community… Read More

October 25, 2023 @ 8:45 am By Omar Faridi  |  

Mambu, a Software as a Service (SaaS) cloud banking platform, announced it is now available in AWS Marketplace, making it one of the first core banking providers on the site. AWS Marketplace is a digital catalogue “with thousands of software listings from independent software vendors… Read More