Global

May 1, 2023 @ 11:32 am By JD Alois  |  

In another sign of the flagging global economy, Germany-based digital bank N26 has announced a 4% reduction in its employee headcount. N26 is a fully licensed bank receiving approval in its home country. N26 operates in various European countries. At one point, it took a… Read More

May 1, 2023 @ 9:56 am By JD Alois  |  

Last year, Student Rents listed a securities offering on Crowdcube, raising £466,172.55 from 179 investors. The company was selling equity in the firm at a pre-money valuation of £4.5 million. According to the offering page, Student Rents claimed over 300 paying agents having matched 11,000… Read More

May 1, 2023 @ 8:20 am By Omar Faridi  |  

CryptoUK, which claims to be the “trusted” voice of the UK crypto industry, has published a detailed response to His Majesty’s Treasury’s (HMT) Future Financial Services Regulatory Regime for Cryptoassets consultation paper. Consultation proposals “included strengthening rules for crypto trading platforms and a robust world-first… Read More

May 1, 2023 @ 8:16 am By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), a global firm focused on mission-critical, real-time payments, has teamed up with MagicCube, the creator of i-Accept, in order “to deliver secure and seamless contactless payments on commercial off-the-shelf (COTS) smartphones and tablets using Tap to Pay—with or without PIN.” The… Read More

April 30, 2023 @ 11:25 pm By Omar Faridi  |  

Volante Technologies, the global provider of cloud payments and financial messaging solutions to accelerate digital transformation, has released a partner-authored paper featuring insights “into the banking sector and projections for innovation-driven growth.” The report, the first in an annual series, “incorporates contributions from fifteen global… Read More

April 30, 2023 @ 10:23 pm By Omar Faridi  |  

LendInvest (AIM: LINV), the UK’s platform for mortgages, announces that Wells Fargo (NYSE: WFC) joins its £200 million financing syndicate with National Australia Bank (NAB) in order “to support the continued growth of its Buy-to-Let proposition.” Wells Fargo reportedly “joins a growing roster of global… Read More

April 30, 2023 @ 5:36 pm By Omar Faridi  |  

As Web2 social media platforms continue to grapple with concerns about data privacy, misinformation, and content moderation, many users are turning to alternative forms of social media. Among these alternatives are Web3 social media platforms, which are built on decentralized networks and feature community-driven governance,… Read More

April 30, 2023 @ 5:18 pm By Omar Faridi  |  

Mutual Vision, a community-owned technology provider, announced it will adopt Mambu’s cloud banking engine. Mambu will “underpin Mutual Vision’s services and bring a unique proposition to its expanding customer base of 27 building societies and banks in the UK.” Mutual Vision provides “a digital platform… Read More

April 30, 2023 @ 1:24 pm By Omar Faridi  |  

Immuta, a data security provider, announced new vulnerability risk assessment and dynamic query classification capabilities for the Immuta Data Security Platform. These new features “enable customers to promptly identify and prioritize security gaps, protecting sensitive data based on the context and sensitivity levels.” When combined… Read More

April 30, 2023 @ 11:58 am By Omar Faridi  |  

The Nottingham Building Society has announced the appointment of Praven Subbramoney as Chief Lending Officer. Reporting to CEO Sue Hayes, Praven will “lead the development and delivery of The Nottingham’s lending strategy and mortgage proposition driving innovation, transformation and growth as well as focusing on… Read More

April 30, 2023 @ 11:27 am By Omar Faridi  |  

Reviewpad, the platform that helps developers by automating the code review process, has raised a €1M pre-seed round. The investment round was “led by Shilling VC with participation from angel investors Simon Brandhof and Freddy Mallet.” The new round “brings the total raised to date… Read More

April 29, 2023 @ 7:15 pm By Omar Faridi  |  

Tradeweb Markets Inc. (Nasdaq: TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, released the following statement: “Tradeweb is in advanced discussions to acquire Yieldbroker, an Australian government bond and interest rate derivatives trading platform covering the institutional, wholesale, and… Read More

April 29, 2023 @ 10:33 am By Omar Faridi  |  

Ctrl, the workspace that helps Revenue teams “supercharge” their CRM and customer workflows with advanced automation, AI tools and integrations,  has raised a $9 million funding round led by LocalGlobe and Earlybird. Dig Ventures and Jibe Ventures, alongside angels including sales leaders from Slack, Intercom,… Read More

April 29, 2023 @ 10:32 am By Omar Faridi  |  

European Payments Initiative (EPI) announced plans to acquire Dutch payment solution iDEAL and payment solutions provider Payconiq International (PQI). EPI is a payment platform “supported by a group of major European banks including ABN AMRO.” EPI’s takeover of iDEAL and Payconiq “marks an ambitious step… Read More

April 29, 2023 @ 10:30 am By Omar Faridi  |  

Tide, which claims to be one of the UK’s leading SME-focused business financial platforms, announced the launch of the MSME Exchange Program (MEP) – which is described as “an initiative designed to localize entrepreneurship and foster bonds between small business owners from India and the… Read More

April 28, 2023 @ 1:05 pm By Omar Faridi  |  

SlowMist and OKX have recently announced a strategic partnership to focus on “enhancing digital asset ecosystem security, digital asset anti-money laundering (AML), and conducting security technology research.” Both parties will collaborate “to develop comprehensive and innovative security services to address the growing demand for secure… Read More

April 28, 2023 @ 9:56 am By Omar Faridi  |  

Celerant Technology, the retail software solution provider, announced a partnership with Sezzle Inc. (ASX: SZL), a provider of consumer financing solutions. Retailers can now add Sezzle Pay “to their Celerant eCommerce website to offer the convenience of ‘buy now, pay later’ with 0% APR and… Read More

April 28, 2023 @ 9:52 am By JD Alois  |  

UK Fintech Paysend has announced the creation of a European hub located in Dublin. The goal is to expand its services in the European Union in a post Brexit world. Paysend was recently approved for an E-money license (EMI) by the Central Bank of Ireland…. Read More

April 28, 2023 @ 8:46 am By JD Alois  |  

Eurocrowd has revealed a new “national hub” for the Italian crowdfunding market offering an Italian-language website dedicated to the national ecosystem. Eurocrowd is the advocacy group for the European securities crowdfunding market, having worked with regulators and public officials for years to improve online capital… Read More

April 28, 2023 @ 8:29 am By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms in the world, reportedly reached the milestone of 80 million customers in Latin America “in the first week of April 2023, where it maintains operations in Brazil, Mexico and Colombia.”… Read More