Global

July 1, 2023 @ 11:21 am By Omar Faridi  |  

The team at Nine25 is pleased to announce the ability to purchase Bitcoin via their platform (coming soon). Starting now, Nine25 aims “to establish itself as the most convenient platform for acquiring Bitcoin.” At Nine25, their goal is “to ensure financial independence for everyone.” They… Read More

July 1, 2023 @ 9:18 am By Omar Faridi  |  

PETRONAS has announced the selection of 20 startups from across Asia Pacific to participate in the third edition of PETRONAS FutureTech, an intensive technology accelerator program. FutureTech 3.0, “co-organized with StartupX Pte. Ltd., a Singapore-based innovation, venture and startup enabler, marks a significant milestone as… Read More

July 1, 2023 @ 6:13 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has partnered with General Catalyst (GC), a venture firm and an early investor in Lemonade, in order “to create Synthetic Agents, a novel financial structure that unlocks growth without depleting… Read More

June 30, 2023 @ 10:47 pm By Omar Faridi  |  

Revolut, the global financial super-app with more than 30 million customers globally, has launched a Robo-advisor in the US. The new feature “manages investment portfolios on behalf of customers to remove the friction from investing with lower fees than traditional companies.” Based on responses from… Read More

June 30, 2023 @ 10:41 pm By Omar Faridi  |  

Sologenic, a global firm focused on blockchain tokenization technology, announces the launch of two solutions: SOLONEX, an asset tokenization brokerage solution, and a specialized custom-built CBDC Tokenization Solution. Geared at facilitating financial transactions and asset management, these solutions will aim to bridge the gap between… Read More

June 30, 2023 @ 7:33 pm By Omar Faridi  |  

Gr4vy, the Cloud-native payments infrastructure company, announced a new investment from W23, Woolworths Group’s venture capital arm. This strategic investment expands “on an existing partnership and reflects continued confidence in Gr4vy from Australia and New Zealand’s largest retailer.” Gr4vy previously “raised $27.2M in total funding… Read More

June 30, 2023 @ 5:56 pm By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced a strategic implementation partnership with BDO Germany to implement FloQast in the DACH (Germany, Austria, and Switzerland) region. Through the partnership, FloQast will leverage BDO Germany’s expertise “to continue international expansion… Read More

June 30, 2023 @ 8:00 am By Omar Faridi  |  

NatWest, which claims to be the UK’s biggest bank for business, is offering 24 months of free business banking to UK businesses “switching their main business banking account to NatWest.” The new SME switcher offer from NatWest for businesses “with up to £2m in turnover… Read More

June 30, 2023 @ 7:58 am By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced its strategic partnership with Sardine, an all-in-one fraud detection, compliance, and risk management platform. This collaboration will empower companies and financial institutions within Treasury Prime’s multi-bank network “to leverage Sardine’s Sponsor Bank Operating System, offering turnkey fraud… Read More

June 30, 2023 @ 7:54 am By Omar Faridi  |  

Qover, the Insurtech that is transforming the insurance industry with its orchestration technology, has announced a second partnership with Revolut, the global financial super app with more than 30 million retail customers worldwide, “to provide embedded insurance for its new trip and event cancellation cover.”… Read More

June 30, 2023 @ 7:49 am By Omar Faridi  |  

LHV Bank, a provider of banking services to global fintechs and SME lending solutions to UK businesses, announces the appointment of Rachelle Frewer “as its incoming Chief Financial Officer.” Subject to regulatory approval, Rachelle will “start her position on 2 January 2024 and will also… Read More

June 29, 2023 @ 6:14 pm By Omar Faridi  |  

Backbase, a global Fintech company and creators of a unified Engagement Banking Platform that improves every aspect of the customer and member experience, announced multiple new hires to its Enterprise team in North America. The addition of these skilled professionals shows Backbase’s dedication “to the… Read More

June 29, 2023 @ 5:35 pm By Omar Faridi  |  

Bitpanda has announced that Bitpanda Pro, their digital asset exchange for institutions and “seasoned” investors, is rebranding and becoming ‘One Trading.’ Founded in 2014 and headquartered in Vienna, Bitpanda is one of the most successful digital asset firms in Europe. After a €30m Series A… Read More

June 29, 2023 @ 2:56 pm By Omar Faridi  |  

Ledger brings core tech and governance “to help institutions manage crypto trading risk and regulation with custodial trading solutions.” Ledger recently announced that the firm is “entering the institutional trading technology market with the first open network to enable custodial trading via exchange and custodial… Read More

June 29, 2023 @ 2:51 pm By Omar Faridi  |  

Astrix Security, the enterprise’s trusted solution for securing non-human identities, has secured $25 million in Series A funding led by CRV with participation from existing investors Bessemer Venture Partners and F2 Venture Capital. This new investment brings Astrix’s total funding “to almost $40 million.” Fueled… Read More

June 29, 2023 @ 12:24 pm By Omar Faridi  |  

FiVerity, the provider of Anti-Fraud Collaboration solutions, today announced new platform features designed to help the financial industry fight back against fraud. FiVerity also announced it is “opening the network to an initial 200 small and medium-sized financial institutions, providing approved businesses with free access… Read More

June 29, 2023 @ 11:22 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced the launch of the Multi Token Network (MTN), a set of core capabilities designed to make transactions within the blockchain and digital asset ecosystems secure, scalable and interoperable – enabling payment applications and trade more efficiently. A new solution for the… Read More

June 29, 2023 @ 9:52 am By JD Alois  |  

A memorandum of understanding (MoU) has been created and signed by multiple institutions in Lithuania to confirm the “National Fintech Guidelines for 2023-2038.” Lithuania is a hot Fintech market that has punched above its weight for some time now when it comes to innovation in… Read More

June 29, 2023 @ 9:29 am By Omar Faridi  |  

European SMEs are increasingly using cards and making online and  virtual payments, according to research by Qonto, the European business finance  solution for SMEs. Analysis published has looked at “the spending habits of 350,000 SMEs and freelancers.” The  data “shows increased card usage as well… Read More

June 29, 2023 @ 8:49 am By Omar Faridi  |  

Binance, which claims to be the largest crypto exchange that’s being sued by US regulators for a wide range of issues, has now had its European banking partner Paysafe Payment Solutions (NYSE: PSFE) reveal that it will stop offering its embedded wallet solution to the… Read More