Global

We find Fintech news from around the world and share it with you here.

European Debt Marketplace Debitum Shares Key Platform Updates

Debitum notes that July is one of the quietest months in the investment world, however, the firm has been “very active” during this time. During July, Debitum reveals that they have: added new ABS assets from Sandbox Funding to the platform, offered to invest on… Read More

Fintech Scotland, TSB Open Applications for Innovation Labs Program

From today, TSB is taking applications for fintechs to participate in its third annual TSB Innovation Labs Program – “as the bank and Fintech Scotland encourage a new round of fintech collaboration.” Under the program, winning Fintechs will officially partner “with TSB to offer innovative… Read More

Ant Group Expands Cross-Border Payments Services in Asian Games Support Initiative

In the countdown to the opening of the Asian Games, Ant Group is expanding multiple cross-border digital payment options for international travelers as the Official Prestige Partner of Asia’s largest sports event in 2023. As a native of Hangzhou, the host city of the Games… Read More

Investment Platform Robocash Claims that Net Wealth of Europeans has Increased Significantly

By the end of 2022, the value of net assets per average resident of Europe reached €50,000, according to an update from Robocash. According to a report from Robocash, the largest share is occupied “by conservative instruments with noticeably growing alternative sources of financing.” Analysts… Read More

Crypto Adoption: Coinbase Launches Business Operations in Canada

Coinbase (NASDAQ:COIN) has announced its official entry into the Canadian market, “backed by the integration of Interac payment rails, with banking and payment partners, enabling seamless fund transfers, and the introduction of Coinbase One – a 30-day trial offering zero trading fees, enhanced staking rewards,… Read More

ThriveDX Launches Cybersecurity Program to Reskill Workers, Enhance Workplace Diversity

ThriveDX, which claims to be the global leader in cybersecurity and digital skills training, continues its mission to reskill and upskill the global cybersecurity workforce with the launch of a Cybersecurity Apprenticeship Program that will create job opportunities for diverse cyber talent at no-training cost…. Read More

Fintech Banxa Reportedly Becomes First Fiat-to-Crypto On-ramp Supporting 1-Step Apple Pay via MetaMask

From paper to plastic to click – the payments game has evolved substantially as consumer demand for convenience “continues to influence innovation,” according to an update from Banxa. Apple Pay has become “an increasingly popular method to purchase crypto, though many onramps that offer it… Read More

Marqeta Adds AI with New Generative Artificial Intelligence Tool

Global credit card management firm Marqeta (NASDAQ: MQ) has revealed its “Docs AI,” described as an AI-powered external-facing question and answer tool, which seeks to reduce the amount of time spent on coding and testing tasks by up to 75%. Marqeta Docs AI is a… Read More

In Partnership with Moody’s, EstateGuru Offers Ratings on Securities Offerings

EstateGuru, an online marketplace for property-backed loans, has partnered with Moody’s to rate the securities offerings listed on the crowdfunding platform. Mihkel Stamm, CEO of Estateguru, said it is very important that investors on crowdfunded offerings have access to the best possible information. He shared… Read More

UK’s P2P Lending Platform FOLK2FOLK Reports that Investors Earned £14M in Interest

FOLK2FOLK, which claims to be the UK’s leading peer-to-peer lending platform connecting Investors with regional and rural businesses, is pleased to announce that its dedicated community of Investors “earned £14.2 million in interest during the last tax year (2022/2023).” According to the firm, this achievement… Read More

UK’s PensionBee Reveals that Student Loan Repayments Might Stay with Graduates into Retirement Years

Students off to university for the first time this year could be “the first crop of graduates who face repaying their university debts into retirement,” according to PensionBee, an online pension provider. As noted in a blog post by PensionBee, this year’s Freshers will be… Read More

ID Finance Spain Reports €59M in Revenue for H1 2023

ID Finance Spain S.A.U. released its audited financial results for the first half of 2023. The company has provided the following operational and financial information: ID Finance Spain reported “a net income of €4.4M, following an 8% increase in its net portfolio, which hit a… Read More

Jeremy Allaire, CEO at Circle, Says Web3 Services Are Major Pillar of Fintech Firm’s Strategy

Jeremy Allaire, CEO at Circle Internet Financial, says that the next major pillar of the Fintech firm’s strategy is Web3 services. Last year, Circle made an acquisition of a crypto infra platform called Cybavo. This week, the company has launched the first new product milestone… Read More

Gen Z Consumers Turning to Bankcards, Unsecured Personal Loans As Lenders Tighten Underwriting, Report Reveals

At the mid-point of 2023, Gen Z consumers (born between 1995 and 2005) increasingly find themselves with new access to credit products. The newly released Q2 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE: TRU) shows “that relative to the consumer population as… Read More

UK’s Workplace Pension Provider, Smart Pension, and Yonder Bridge Gap for Overseas Employers

Smart Pension, which claims to be one of the UK’s leading workplace pension providers, today announced it is working with Yonder, the all-in-one platform to automate health insurance and retirement benefits for growing teams, “to enable companies and their UK-based employees to easily administer and… Read More

DLT Adoption: Gemini Adds Support for XRP Ledger, a Blockchain Network

Digital asset firm Gemini is pleased to announce support for XRP Ledger (XRP), adding a new blockchain to Gemini’s growing list of supported networks. XRP is now “available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile… Read More

Fintech Platform Nubank Introduces Home Insurance, Expanding Protection Portfolio

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, launched Nubank Lar Seguro, a home insurance offering, in partnership with Chubb, the world’s largest publicly traded property and casualty insurer. Nubank Lar Seguro will become “available to eligible customers… Read More

Worldcoin (WLD) Crypto Token Now Available via Matrixport, a Digital Asset Platform

Worldcoin is described as “an open-source digital identification platform that aims to provide a solution for everyone to verify their human identity and differentiate themselves from AI in the digital space.” As noted in a blog post by Matrixport, the Worldcoin ecosystem reportedly “comprises three… Read More

Cybersecurity Provider Check Point to Acquire Perimeter 81 to Deliver the Secure SASE Solution

Check Point Software Technologies Ltd. (NASDAQ: CHKP), a provider of cyber security solutions globally, signs a definitive agreement to acquire Perimeter 81, a pioneering Security Service Edge (SSE) company. With this acquisition, Check Point will “help organizations accelerate the adoption of secure access across remote… Read More

Bondora Platform Originations, Investments Totaled Over €14M Each in July: Report

July kickstarted what could be the “rebound” after a slow summer for investments and loan originations. Both originations and investments totaled over €14M each in July, according to a recent update from Bondora. As noted in a blog post by Bondora, the API technical error… Read More

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