Global

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

August 18, 2023 @ 2:26 pm By Omar Faridi  |  

Iris Powered by Generali (Iris), provider of a proprietary identity and cyber protection platform, announced the launch of a white-labeled Identity Theft Resolution and Insurance offering for global enterprise and consumer cybersecurity leader, Trend Micro. This service will be “included in Trend Premium Security Suite… Read More

August 18, 2023 @ 2:15 pm By Omar Faridi  |  

Dock, a B2B technology company for payments and banking, announced that Tenpo, Chile’s largest digital bank with more than 2.2 million customers, is now “a customer of the Brazilian company.” Dock’s expertise and infrastructure is “behind the issuing and processing technology that Tenpo is using… Read More

August 18, 2023 @ 11:22 am By Omar Faridi  |  

NCR Corporation (NYSE: NCR), an enterprise technology provider, today announced it has expanded its partnership with Kiwibank, the largest New Zealand-owned bank. NCR will run the bank’s ATM fleet “through its ATM as a Service solution, and Kiwibank’s 200+ ATMs will be incorporated into NCR’s… Read More

August 18, 2023 @ 11:19 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, today published a report showing striking confidence and investment in digital exports, beyond typical trade routes. It finds that a wide cross section of businesses are “planning ambitious expansion into new international markets, from the largest enterprises to… Read More

August 18, 2023 @ 9:22 am By JD Alois  |  

The British Business Bank has announced an increase of £75 million to commercial lender DF Capital. This is an addition to an existing ENABLE Guarantee, which will see the facility increased to £250 million. The guarantee may be increased again at some point in the… Read More

August 18, 2023 @ 8:43 am By Omar Faridi  |  

Lucas Kiely, chief investment officer of digital wealth platform Yield App, says that today’s tumble in crypto asset prices, driven by macro factors, will likely be short-lived. He adds that a wave of good news this week, “including the launch of Europe’s first spot bitcoin… Read More

August 17, 2023 @ 10:36 am By JD Alois  |  

Digital asset firm Securitize has acquired wealth management platform Onramp Invest, according to a company statement. The terms of the acquisition were not disclosed. Onramp is described as a “turn-key digital asset management platform that seamlessly connects traditional and digital asset financial infrastructures.” Securitize is… Read More

August 17, 2023 @ 9:37 am By JD Alois  |  

Open banking provider TrueLayer has appointed Michael Brown as its new Head of E-Commerce, according to a statement from the firm.  TrueLayer said the hire was part of  push into more verticals as open banking adoption grows. Prior to joining the Fintech, Brown was Director… Read More

August 17, 2023 @ 8:35 am By Omar Faridi  |  

Binance recently released its newest Proof of Reserves (PoR) report “causing the Binance Coin (BNB) to rise” (although this could be due to other market conditions). Meanwhile, emerging hybrid exchange Tradecurve (TCRV) is also “working towards implementing its own PoR.” As a result, it claims… Read More

August 17, 2023 @ 8:28 am By Omar Faridi  |  

Klar, S.A. de C.V., the Mexico City-based digital financial services platform, announced that it has secured a $100 million credit facility from Victory Park Capital (VPC), a global alternative investment firm specializing in private credit. The financial support from VPC will aim to “propel Klar… Read More

August 17, 2023 @ 8:19 am By Omar Faridi  |  

PayPal (NASDAQ:PYPL) says it will be halting UK-based crypto sales until next year. Payments firm PayPal recently revealed that it will not be allowing UK clients to purchase cryptocurrencies via its platform from October 2023, as the company works on adhering to new regulatory guidelines for… Read More