Global

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

Digital Bank Revolut, Fintech Upvest to Offer Fractional ETF, Stock Trading across Europe

Revolut and Upvest have partnered to offer fractional ETF and European stock trading across Europe. Upvest are pleased to welcome Revolut and its end users to their community. Offering ETFs and European stocks for the first time Revolut and Upvest will “offer fractional ETF and… Read More

London Stock Exchange Group (LSEG) Selects OpenFin for Delivery of LSEG Workspace to Client Desktops

London Stock Exchange Group (LSEG) has selected OpenFin‘s technology for its flagship LSEG Workspace platform. The partnership will “leverage OpenFin’s secure zero-install delivery model and container technology to simplify distribution of LSEG‘s next-generation data and analytics to customer desktops.” LSEG Workspace reportedly “provides wealth advisors,… Read More

Yieldstreet Appoints Ted Yarbrough As Chief Investment Officer

Yieldstreet, the private market investing platform, announced the appointment of Ted Yarbrough as its Chief Investment Officer. Yarbrough reportedly “brings to Yieldstreet nearly three decades of experience at Citigroup (NYSE: C) and its predecessor companies, holding a variety of leadership roles across the firm’s banking,… Read More

CACEIS in Ireland Selects Fund Recs to Increase Automation of Position Reconciliations, Cash Flow Monitoring

Fund Recs announced that CACEIS Bank, Ireland Branch (CACEIS), has selected Fund Recs in order “to introduce further automation to the performance of Position Reconciliations and Daily Cash Flow Monitoring.” The rollout of Fund Recs’ Cash Flow Monitoring Module “within CACEIS has further automated the… Read More

Cybersecurity: ThriveDX Launches Program for Security Awareness Administrators

ThriveDX, the global firm focused on cybersecurity and digital skills training, is pleased to announce the launch of its new certificate program exclusively designed “for security awareness administrators and managers to equip them with the skills and knowledge they need to implement and manage comprehensive… Read More

Stablecoins: Xapo Bank Expands Stablecoin Payment Rails, Becoming “First” Licensed Bank To Enable Tether Deposits, Withdrawals

Xapo Bank, a licensed private bank that aims to combine traditional banking with access to Bitcoin and stablecoins, claims to have become the first bank in the world to integrate Tether (USDT) payment rails. Xapo Bank is regulated and based in Gibraltar. Earlier this year,… Read More

Digital Payment Solutions: NFP Health Deploys PCI Pal to Streamline Contact Center Payments

PCI Pal (LON: PCIP), the global SaaS provider of secure payment solutions for business communications, implements payment solutions for NFP Health. The exchange billing vendor “streamlined its overall customer experience while securing consumer payments and ensuring continued compliance with data protection legislation and the PCI Data… Read More

EstateGuru Receives ECSPR Approval

Estateguru has been approved to operate under European Crowdfunding Service Providers Regulation or ECSPR. Under the new EU legislation, a platform may sell securities online across all EU member states. Issuers may raise up to €5 million. Estateguru was approved by the Estonian Financial Supervision… Read More

Global Blockchain Network of Networks for Financial Market Participants Set to Launch

  Digital Asset and market participants announce their plans to launch the Canton Network, the industry’s “first” privacy-enabled interoperable blockchain network designed for institutional assets and built “to responsibly unlock the potential of synchronized financial markets.” Canton Network participants reportedly “include 3Homes, ASX, BNP Paribas,… Read More

Velocity Global, which Helps Firms with Hiring, Paying, Managing Globally Distributed Workforce, Makes Key Appointment

Velocity Global, which claims tobe the world’s “expert” on work, announced the appointment of Linda Lee as Chief People and Culture Officer. In her role, Linda will aim to “build a best-in-class people strategy, overseeing culture-related initiatives as well as talent development and employee recruitment… Read More

Fintech Airwallex Launches Operations in Israel, Aims to Expand Services Across Middle East

Airwallex, a global payments and financial platform for modern businesses, announced its official launch in Israel to fuel future expansion across the region, including the appointment of Or Liban as Airwallex’s Head of Israel and the Middle East. This expansion comes at “a pivotal moment… Read More

Brazil: Banco Sofisa, Fintech Finastra to Enhance Risk Management Strategy

Finastra has announced that Banco Sofisa, a nationally ranked São Paulo, Brazil-based financial institution known for its Sofisa Direto digital bank, has partnered with Finastra “to implement Vector Risk, a market and credit risk solution.” Delivered via Finastra’s FusionFabric.cloud and hosted on Microsoft Azure, Vector… Read More

Fintech Firm Paysend Enters Partnership to Bring Money Transfers to 60M Hispanic Americans

Paysend, the global card-to-card payments platform, has announced a new multi-year partnership with the Spanish-language content and media company, TelevisaUnivision. As part of the partnership, TelevisaUnivision will “become a shareholder in Paysend and will help the brand scale its presence with U.S. Hispanics and Latinos… Read More

Digital Bank ONE ZERO Chooses ViewTrade to Power Securities

ViewTrade, a FINRA-regulated broker-dealer, has been selected by ONE ZERO, a digital bank, to provide securities trading. ONE ZER, based in Israel, is leveraging ViewTrade’s API and FIX connection to power trading on its platform. Account holders in Israel may now access US markets trading… Read More

Australia: Commonwealth Bank Group Unveils Tech Hub in Perth to Support Digital Economy

The Commonwealth Bank Group has unveiled its latest technology hub in Perth, as part of its broader strategy to contribute to Australia’s digital economy and support a diverse pipeline of technology talent. CBA’s Tech Hub program has been “established to diversify the concentration of tech… Read More

Digital Pound Foundation Expands Board with Appointment of Key Members

The Digital Pound Foundation, an independent forum supporting the implementation of a well-designed digital Pound, is pleased “to announce the expansion of its Board of Directors with the appointment of two new Board seats as it continues into its second year of full-time operations.” Adding… Read More

Cross-Asset Class Solution Provider TS Imagine Launches New Product for Sophisticated Investing Teams

TS Imagine, the global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, announces the launch of TS One, a cross-asset class, SaaS-based solution designed “for investing teams who are seeking access to global markets, advanced execution management tools, battle-tested risk management… Read More

Asda Money, Digital Lender Jaja Finance Announce Incentive for New Credit Card Accounts

Asda customers can now get £20 added to their Asda Rewards cash pot if they open a new Asda Money Credit Card or Asda Money Select Credit Card account, “provided by digital lender Jaja Finance, on or before 4 July 2023.” Asda Rewards is Asda’s… Read More

Digital Financial Services: Remitly Global Reports Increase in Active Customers, Send Volume Rises

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families in over 170 countries around the world, reported results for the first quarter ended March 31, 2023. Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly, said: “We are pleased to… Read More

AI, Machine Learning: Openlayer Finalizes $4.8M Seed Round

Openlayer, which claims to be the creator of the world’s most comprehensive platform for testing AI, announced that it has closed a $4.8 million seed round. The funds from the investment round will be used “to expand its workforce and enhance the platform’s functionality so… Read More

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