Global

September 1, 2023 @ 8:52 am By Omar Faridi  |  

Estateguru has implemented several changes to their credit policy, with the aim of strengthening their portfolio and elevating their investors’ experience on the platform. As noted in a blog post, Estateguru made various modifications to their existing credit policy, with the goal of enhancing their… Read More

September 1, 2023 @ 12:17 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has announced it will analyze “lenders’ fair value assessments” to determine if they are providing consumers with appropriate savings products. Earlier this year, the FCA commented on the spread between what banks receive in interest rate returns and what… Read More

September 1, 2023 @ 12:01 am By JD Alois  |  

Real estate investment platform CrowdProperty is reporting that over £200 million has been returned to investors since the property investment service launched. At the same time, CrowdProperty says that August 2023 has emerged as its best-performing month of all time. UK-based CrowdProperty offers individual investors… Read More

August 31, 2023 @ 6:47 pm By Omar Faridi  |  

Argentina is regarded as one of the world’s “leading” countries for innovation and crypto adoption, according to an update shared by WorldCoin. That reputation was reinforced in August, “as demand for World ID in Argentina drove a new single day record for Orb verifications.” This,… Read More

August 31, 2023 @ 6:41 pm By Michael Wong  |  

Artificial Intelligence (AI) and large language models (LLMs) company AI21 Labs has announced raising $155 million in Series C funding to fast-track the expansion of its “highly precised” text-based generative AI services for businesses. The Tel Aviv, Israel-based company said the funding round was backed… Read More

August 31, 2023 @ 6:39 pm By Michael Wong  |  

Bybit, a marketplace that claims to be “the world’s third most visited crypto exchange” (currently, Kraken is #3 with Bybit in 5th), has announced a revamped version of its launchpad, offering early investors the opportunity to purchase new projects at favorable prices. The Bybit Launchpad… Read More

August 31, 2023 @ 3:47 pm By Omar Faridi  |  

Approximately one year after its launch, Nubank’s (NYSE:NU) “Caixinhas” has already established itself as one of the “favorite” investment solutions among the platform’s customers. By the end of August, the tool had reportedly “reached 8.6 million active customers, more than double the 3.5 million recorded… Read More

August 31, 2023 @ 3:43 pm By Omar Faridi  |  

Startups in Latin America are reportedly laying off staff members and are now expecting significantly more initial public offerings (IPOs) by 2024. According to reports, around two-thirds or roughly 67% of Latin American firms have now laid off staff members during the past 18 months,… Read More

August 31, 2023 @ 11:40 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD),  Jump Trading are no longer working cooperatively on crypto-related initiatives. Robinhood’s entry into the nascent crypto and blockchain sector a few years back had been supported by Jump Trading, a large firm focused on traditional financial services/markets. Robinhood Markets, the retail broker whose… Read More

August 31, 2023 @ 11:38 am By Omar Faridi  |  

Archie – an innovative new fintech acceleration partner – launches with “a mission to scale the next generation of fintech disruptors that will define and lead the category.” With the belief that fintech founders need much more than financial backing to turn their ambitions into… Read More

August 31, 2023 @ 10:57 am By JD Alois  |  

Swift, a global financial services firm that is relied upon by more than 11,500 financial services organizations around the world, has announced a successful blockchain test deemed to show the potential for tokenized assets in the future. According to a statement by Swift, an experiment… Read More

August 31, 2023 @ 9:32 am By Omar Faridi  |  

P2P platforms used to take about 5 years to reach key metrics, whereas in current conditions, new companies need just 3 years to do so, according to a recent update shared by Robo.cash. Robocash platform analysts have reportedly looked into three parameters “as the main… Read More

August 31, 2023 @ 9:26 am By Omar Faridi  |  

Algbra, the global ethical and Sharia-compliant technology platform with its UK finance app, has been awarded B Corp status “after demonstrating its credentials of the highest ESG standards.” This reportedly makes Algbra one of the few financial institutions in the UK “to achieve this status,… Read More

August 31, 2023 @ 9:05 am By Omar Faridi  |  

Brian Armstrong, CEO at Coinbase (NASDAQ:COIN), has shared several ideas that he claims to be most excited about in crypto right now. The Coinbase Chief Executive says that if you’re building something in crypto or thinking about doing so – check it out. They are… Read More

August 31, 2023 @ 8:59 am By Omar Faridi  |  

LHV Bank, the UK’s newest licenced bank, announces a new partnership with the online savings platform Raisin UK. This move marks LHV Bank‘s first step into the personal savings market “ahead of the planned launch of its direct-to-consumer savings offering in 2024.” Erki Kilu, CEO… Read More

August 31, 2023 @ 3:00 am By JD Alois  |  

Fintech Zilch is reporting that it has topped 3.5 million users. The last user milestone Zilch claimed was in late 2022 when Zilch said it had surpassed three million users. The company notes that the user count equates to about 3,000 new users every day… Read More

August 30, 2023 @ 8:51 pm By Omar Faridi  |  

Currencycloud, which claims to be the experts in simplifying business in a multi-currency world, has partnered with South Korea-based cross-border payment company MOIN in order to expand its global coverage “while delivering faster processing times, lower transaction costs, and enhanced security measures to its customers… Read More

August 30, 2023 @ 8:37 pm By Omar Faridi  |  

Trustly, a global payment method, today announces that it is joining forces with SlimPay, a European firm focused on recurring payments, to set “a new standard in recurring payments for merchants and consumers across Europe and the UK.” SlimPay’s platform combined with Trustly’s proprietary technology… Read More

August 30, 2023 @ 8:19 pm By Michael Wong  |  

Thailand’s Government Pension Fund (GPF), one of the country’s largest pension funds with over 1.2 million members, has chosen Charles River Investment Management Solution (Charles River IMS) to update its front office operations and manage its domestic and international equity, fixed income, and multi-asset portfolios…. Read More

August 30, 2023 @ 2:22 pm By Omar Faridi  |  

Iris Powered by Generali, provider of a proprietary identity and cyber protection platform, announced the launch of a white-labeled version of ScamAssist available at Staples US retail stores. Beginning today, customers will be able “to purchase Iris’ recently launched ScamAssist portal at Staples Tech Services counters… Read More