Global

April 26, 2023 @ 8:34 am By Omar Faridi  |  

IXOPAY, an independent payment orchestration provider, and EBANX, a Fintech company that specializes in international payments in rising markets, have announced a partnership. Together the partners will “focus on providing access to local payment solutions for global brands and offering local payment methods to consumers,… Read More

April 26, 2023 @ 8:30 am By Omar Faridi  |  

Atlantic Money is pleased to announce the launch of its referral program, offering users the opportunity “to earn £15 or €15 for each approved person they refer.” Together with its unique “fixed fee” pricing model, the new referral program is “bringing Atlantic Money one step… Read More

April 25, 2023 @ 10:07 pm By Omar Faridi  |  

A new study from Juniper Research, who claim to be experts in payments, found that carrier billing spend “will reach $122 billion globally by 2027, rising from $70 billion in 2023.” This reported “growth of 74% over the next four years will be driven by… Read More

April 25, 2023 @ 8:22 pm By Omar Faridi  |  

Bolton Global Capital, an independent wealth management firm, and iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced a partnership “to provide Bolton’s extensive network of financial advisors with a range of private market offerings and resources.” Bolton… Read More

April 25, 2023 @ 5:09 pm By JD Alois  |  

Digital bank / Fintech Klarna aims to make its platform a global shopping destination for 150 million consumers. Klarna hopes to enable its 500,000 retailers to benefit from its new personalized shopping feed powered by artificial intelligence (AI). The Klarna app’s discovery shopping feed, powered… Read More

April 25, 2023 @ 3:30 pm By Omar Faridi  |  

Melio, a B2B payments platform for small businesses, announced a partnership with Shopify to power Shopify Bill Pay, an accounts payable solution that will transform how Shopify merchants pay and manage their business bills. Through Shopify Bill Pay, merchants will now “have the ability to… Read More

April 25, 2023 @ 9:58 am By Omar Faridi  |  

Investment platform Lightyear announces the launch of its web application. The requested feature will “enable customers to manage their portfolios, buy/sell shares and research 3,000+ instruments available on Lightyear.” As noted in the update shared with CI, the importance of offering “a web platform has… Read More

April 25, 2023 @ 8:46 am By Omar Faridi  |  

Investment bank Schroders recently revealed that it has slashed the valuation of its shareholding in digital bank Revolut by nearly half after the Fintech company had been criticized for trying to downplay potentially serious red flags from auditors BDO regarding its revenue statement. As noted… Read More

April 25, 2023 @ 8:42 am By Omar Faridi  |  

Quantum engineering company Riverlane announced it has raised £15 million in a Series B funding. The investment round was “led by Molten Ventures and included participation from simulation, high-performance computing (HPC), and artificial intelligence leader Altair and returning investors Cambridge Innovation Capital (CIC), Amadeus Capital… Read More

April 25, 2023 @ 8:38 am By Omar Faridi  |  

CoinShares (Nasdaq Stockholm: CS), an alternative asset manager specializing in digital assets, has announced “the implementation of LedgerLens, a real-time reserves attestation solution provided by independent accounting firm, The Network Firm.” This blockchain-enabled solution “will offer real-time attestation services for CoinShares’ Exchange Traded Products (ETPs), including… Read More

April 25, 2023 @ 8:35 am By Omar Faridi  |  

DivideBuy has released the results of a new consumer insights survey, “showing that 38% of UK consumers will make more use of interest free credit options to manage their finances in the next 12 months.” The Fintech is “Lendtech point of sale (POS) finance firm.”… Read More

April 25, 2023 @ 3:00 am By JD Alois  |  

42Markets Group, a Fintech investment group, has raised $10 million in funding from Convergence Partners, a private equity investor dedicated to the technology sector across sub-Saharan Africa, according to a company statement. The funding is expected to boost the development of the following portfolio companies:… Read More

April 24, 2023 @ 10:03 pm By JD Alois  |  

Recently, the government of Turkey published a “Fintech Guide” highlighting innovative financial services firms operating in the country. The Presidency of the Republic of Türkiye Finance Office (CBFO) reports that as of February 2023 there were 637 Fintechs providing payments, DeFi, digital banking and more…. Read More

April 24, 2023 @ 6:51 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced that its suite of unified commerce solutions is now available in Australia, “including Stripe Terminal with Tap to Pay on Android for in-person contactless payments.” In Australia, over three-quarters of consumer payments are “made with cards.” By… Read More

April 24, 2023 @ 6:47 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, announces NuPay – which is described as “the exclusive online payment service for Nubank customers – as the newest payment method on iFood, a Brazilian technology company.” As of… Read More

April 24, 2023 @ 12:32 pm By Omar Faridi  |  

Kraken has successfully registered its Irish subsidiary, Payward Europe Solutions Limited, with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP). The firm claims that Kraken’s Irish VASP registration “demonstrates to both their clients and regulators that Kraken follows Europe’s most… Read More

April 24, 2023 @ 11:27 am By Omar Faridi  |  

Quantexa, a global firm focused on Decision Intelligence (DI) solutions for the public and private sectors, has announced the global availability of its Decision Intelligence Platform and solutions on Google Cloud Marketplace, making it simple for global enterprise customers “to trust their data and make… Read More

April 24, 2023 @ 9:35 am By Omar Faridi  |  

Jens Groth explains that zero-knowledge proofs “allow you to prove a statement is true without revealing anything else but the fact the statement is true.” He also pulls out a deck of cards “to illustrate what he means by this.” He adds: “Let’s say I… Read More

April 24, 2023 @ 8:50 am By JD Alois  |  

As was reported last week, the European Parliament approved MiCA, or Markets in Crypto-Assets legislation, which aims to make the EU a digital asset-friendly jurisdiction. At the same time, the Transfer of Funds regulation was approved, which requires crypto operators to identify their customers as… Read More

April 24, 2023 @ 8:33 am By Omar Faridi  |  

The team Klarpay recently shared what they have achieved so far in Q1 2023. During the first quarter of 2023, Klarpay AG announced it “achieved profitability in its first year of operations, despite the challenging economic conditions of the global markets.” The company claims it… Read More