Global

August 20, 2023 @ 10:16 pm By Omar Faridi  |  

Inflation does not affect most investors, according to an update from PeerBerry. Available data shows (via an investor survey conducted by their platform last month), that 52% of the surveyed investors “do not change their investment habits and keep their previous investment volumes. 21% of… Read More

August 20, 2023 @ 10:15 pm By Omar Faridi  |  

Every startup begins as a pre-seed company, the team at Carta notes in a blog post. At Carta, they define “pre-seed” as any company that “has yet to raise a priced equity round.” These nascent businesses usually raise capital “with convertible instruments, the most common… Read More

August 20, 2023 @ 10:13 pm By Omar Faridi  |  

Spain is a country where old meets new, tradition dances “with innovation, and the economy basks in the sun of digital transformation and the fintech boom,” the team at Mintos notes. The report from Mintos points out that Spain, with its mix of beautiful beaches,… Read More

August 20, 2023 @ 10:11 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) is setting out their expectations for crypto-asset businesses that need “to comply with a change in money laundering legislation legislated by government in July 2022.” From 1 September 2023, crypto-asset businesses in the UK will be “required to collect,… Read More

August 20, 2023 @ 10:06 pm By Omar Faridi  |  

TerraPay, a global payments infrastructure company, today announced that it has secured authorization as an Electronic Money Institution (EMI) in Italy. Having obtained approval from the Bank of Italy, TerraPay is set “to expand its operations within the country and subsequently, throughout the European Union.”… Read More

August 20, 2023 @ 10:00 pm By Omar Faridi  |  

Vertalo, the digital transfer agent that connects and enables digital asset ecosystems, is excited to announce its most recent partnership with Climatize Earth Securities, a mobile app that allows users “to invest in renewable energy projects.” As of today, Climatize has integrated with the Vertalo… Read More

August 20, 2023 @ 5:19 pm By Omar Faridi  |  

Adyen (AMS: ADYEN) displayed continued growth and remained in investment mode, scaling the Adyen team to further position itself to capture its long-term opportunity. As mentioned in the announcement by Adyen, the key H1 2023 figures are as follows: Processed volume was €426.0 billion, up… Read More

August 20, 2023 @ 5:13 pm By Omar Faridi  |  

Alpaca Crypto is pleased to share updates with their traders and partners. Starting from 9 am EST on Friday, August 18th, they will be rolling out support “for new cryptocurrencies, expanding their USDC pair support, and facilitating deposits and withdrawals for all supported Ethereum (ERC-20)… Read More

August 20, 2023 @ 4:55 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, announces the start of practical tests as part of its integration into the pilot project of Drex, the Brazilian digital currency formerly known as Real Digital. The start… Read More

August 20, 2023 @ 4:37 pm By Omar Faridi  |  

The Payment Systems Regulator (PSR) has launched two consultations in the lead up “to the implementation of its new authorised push payment (APP) fraud reimbursement requirements. ” In June, the PSR set out its final position on “tackling APP fraud, which will mean the vast… Read More

August 20, 2023 @ 4:35 pm By Omar Faridi  |  

We recently connected with Lasha Atandze, CEO of Rarify Labs, a service provider for Rarimo, the interoperability protocol making digital identities and the decentralized social layer multi-chain. During our conversation, Lasha sheds some light on the importance of multi-chain access for social identities in today’s… Read More

August 19, 2023 @ 6:59 pm By Omar Faridi  |  

Param, which claims to be Turkey’s biggest FinTech, is entering the European market with the acquisition of leading CEE Buy Now, Pay Later (BNPL) provider Twisto. Setting the scene for wider global expansion, Param is “introducing its technology and integrated embedded finance products and services… Read More

August 19, 2023 @ 6:55 pm By Omar Faridi  |  

Ecommpay, an international payment service provider and UK and European direct bank card acquirer, now offers local acquiring in the US, enabling UK and EU merchants the ability to expand into North America. Additionally, Ecommpay will offer protection “from fraud-related chargebacks to ensure merchants do… Read More

August 19, 2023 @ 6:52 pm By Omar Faridi  |  

Nottingham Building Society has announced further updates to its mortgage products, designed to support both residential and Buy-To-Let mortgage applicants. The new products, launched this week, “offer advantages for a broad spectrum of borrowers against a volatile economic backdrop.” Amongst the latest offerings is a… Read More

August 19, 2023 @ 6:51 pm By Omar Faridi  |  

Antler announces the expansion of its presence to MENAP with Dr. Jonathan Doerr and Romain Assunção as Partners. The firm aims to strengthen the region’s entrepreneurial ecosystem “by backing exceptional founders at the earliest stage with co-founder matching, personalized coaching, access to a local and… Read More

August 19, 2023 @ 4:54 pm By Omar Faridi  |  

Enclave Markets, which claims to be the world’s first fully encrypted exchange (FEX) that combines the best parts of centralized and decentralized finance, announced it has integrated with Talos, the provider of institutional digital assets trading technology. Eligible Talos clients will now be “able to… Read More

August 19, 2023 @ 4:43 pm By Omar Faridi  |  

Tottenham Hotspur have announced that AstroPay, a fintech company and the preferred payment solution for millions of sports fans worldwide, as their Official Payment Partner. AstroPay’s global digital wallet is known “for its innovative Loyalty and Rewards platform, offering users exclusive sports experiences.” Their new… Read More

August 19, 2023 @ 4:23 pm By Omar Faridi  |  

Paystand, the B2B payments company with the world’s largest commercial blockchain, claims that it has “defied” market conditions and experienced “a more than 600% growth rate over the past three years.” At a time when inflation is an ongoing issue, the stock market “remains volatile,… Read More

August 19, 2023 @ 3:35 pm By Omar Faridi  |  

Elliptic – the global leader in crypto-asset risk management – is proud to announce that it has been selected by OpenEden Labs Pte. Ltd. – a developer of real-world asset tokenization platforms – as a partner for the TBILL protocol, which is the world’s first… Read More

August 19, 2023 @ 3:23 pm By Omar Faridi  |  

James Butterfill, Head Of Research at CoinShares, has shared the firm’s thoughts on what’s behind the recent Bitcoin price crash: Butterfill notes that the recent crash may have been “prompted by the market realizing that the SEC approval of a Bitcoin ETF in the US… Read More