Global

April 18, 2023 @ 4:04 pm By Omar Faridi  |  

BrewDog co-founder James Watt recently noted that the founder of Contrarian Thinking, Codie Sanchez, along with comedian Dom Joly will reportedly be joining his advisory panel for The Next Unicorn. BrewDog pursued multiple securities crowdfunding rounds in the UK and then crossed the Atlantic and… Read More

April 18, 2023 @ 2:08 pm By Omar Faridi  |  

Finastra announced that Plaid, the open finance provider, is now integrated within Finastra’s Fusion Digital Banking platform. The partnership, delivered via Finastra‘s FusionFabric.cloud open APIs, “provides financial institutions of all sizes within the Finastra ecosystem with account verification tools, making it easier and more secure… Read More

April 18, 2023 @ 12:00 pm By Barry James  |  

As the USA House Subcommittee on Digital Assets, Fintech, and Inclusion, hold a hearing on stablecoins Wednesday, April 19, 2023, in the USA, in the UK, and around the world, attempts to shoe-horn digital money from central and private banks (CBDCs and Stablecoins) into existing… Read More

April 18, 2023 @ 11:28 am By JD Alois  |  

Seedrs, part of Republic, has commented on its performance in the impact investing sector. In a Tweet, Seedrs noted that, to date, the online investment platform has enabled the following: £330 million in funding for sustainability-focused startups Sustainability securities offerings listed on the platform hold… Read More

April 18, 2023 @ 11:06 am By Omar Faridi  |  

Challenger credit card Fintech Yonder announces a raise of $15.5 million (£12.5 million) in equity and $62 million (£50 million) in debt following its Series A funding round. The investment round was “co-led by Northzone and RTP Global alongside angel investors Joseph Moore, founder of… Read More

April 18, 2023 @ 9:37 am By JD Alois  |  

The Joint Regulatory Oversight Committee (JROC) has posted the recommendations for the next stage of Open Banking in the United Kingdom. JROC is made up of HM Treasury, the Competition and Markets Authority (CMA), the Financial Conduct Authority (FCA), and the Payment Systems Regulator (PSR)…. Read More

April 18, 2023 @ 8:13 am By Omar Faridi  |  

Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK) has shared a note on the recent moves and news focused on the Bitcoin and digital assets sector. As mentioned in the update shared with CI, Bitcoin’s (BTC) momentum has “slowed now… Read More

April 18, 2023 @ 7:45 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) notes that we should never doubt the importance of the UK and Europe to their business operations. Coinbase writes in a blog post that they may be a US-listed company but they know that “to succeed in their mission of increasing economic freedom,… Read More

April 18, 2023 @ 1:36 am By Omar Faridi  |  

Clearstream, the global post-trading services provider, has created a new bank in Luxembourg dedicated to serving institutional fund investors: Clearstream Fund Centre S.A. The new entity “operates under a commercial banking license in Luxembourg.” It will be “an important cornerstone of Deutsche Börse’s and Clearstream’s… Read More

April 17, 2023 @ 11:17 pm By Omar Faridi  |  

Curve, the financial super app and digital wallet that empowers you to maximize rewards from your existing cards and gives you the ability to earn in cashback or in crypto, has announced the launch of a new function that “enables its customers to transfer their… Read More

April 17, 2023 @ 9:24 pm By Omar Faridi  |  

The Payments Association, which celebrates innovation and collaboration across the payments industry, has released a new whitepaper examining the current arrangements for sharing data to prevent economic crime in the UK, “citing collaboration between regulated entities and between public and private sector is key to… Read More

April 17, 2023 @ 9:23 pm By Omar Faridi  |  

NSW, Queensland and Tasmanian digital businesses have seen their annual turnover “jump by up to 13%, even as Aussies’ online spending dropped by more than $124 million nationwide.” The first Digital Economy Index released by payments fintech Airwallex shows Australians have “spent $124.1 million less… Read More

April 17, 2023 @ 4:19 pm By Omar Faridi  |  

Binance, the blockchain ecosystem and cryptocurrency infrastructure provider, has onboarded the international payment service ivendPay as “a global cryptocurrency payment gateway for Binance Pay – a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App.” The partnership will contribute “to making cryptocurrencies… Read More

April 17, 2023 @ 12:42 pm By JD Alois  |  

Bittrex, a crypto exchange that announced it was ceasing operations at the end of last month, has been hit with an enforcement action by the Securities and Exchange Commission (SEC). The SEC has charged Bittrex and its former CEO William Shihara for operating an unregistered… Read More

April 17, 2023 @ 12:04 pm By Omar Faridi  |  

FNZ, the global wealth management platform, and Virgin Money, the “full service” digital bank serving 6.6 million customers across the UK, are announcing that they have partnered in order “to launch a new digital investment solution for UK retail investors.” The service has been “developed… Read More

April 17, 2023 @ 8:34 am By Omar Faridi  |  

A report published by the UK’s small business lending platform, Funding Circle (LSE: FCH), in partnership with insights consultancy Savanta, looks at “how resilience for small businesses and the impact of staff wellbeing is more important now than ever before.” Small businesses have “been hard… Read More

April 17, 2023 @ 8:30 am By Omar Faridi  |  

The European Investment Bank (EIB) is granting a €100 million loan to illimity which, in turn, “undertakes to invest an additional €100 million for small businesses through b-ilty, the illimity Group’s digital bank.” As noted in the update, 30% of the resources will be “channeled to… Read More

April 17, 2023 @ 7:11 am By Omar Faridi  |  

Channel Capital Advisors LLP has reportedly facilitated a $150 million financing transaction for Rosy Blue, a global diamond dealer, and manufacturer based in Antwerp, Belgium. Channel has “provided cash and program management services and was responsible for the successful structuring and placement of this transaction.”… Read More

April 16, 2023 @ 11:39 pm By Omar Faridi  |  

LondonLink, which claims to be an established Crypto brokerage focused on curating risk-adjusted returns for “smart-money,” has so far raised 92% (£324,390) of its £350,000 target from 96 investors, with 25 days left in the firm’s crowdfunding campaign, carried out via Seedrs. Located in London,… Read More

April 16, 2023 @ 11:07 pm By Omar Faridi  |  

Assetz Capital, which claims to be one of the UK’s leading alternative finance providers, has announced that it has “funded a loan of £2.83 million for a new residential development in the affluent area of Purley, south London.” The loan has been “granted to a… Read More