Global

March 28, 2023 @ 5:31 pm By Omar Faridi  |  

Creditas Auto was reportedly introduced with the objective of strengthening the relationship with Creditas’ existing customers, “providing consumers with a solution to buy, sell and trade a car.” According to the firm, there are clear synergies with their lending and insurance operation, with Creditas Auto… Read More

March 28, 2023 @ 11:33 am By Omar Faridi  |  

Nubank (NYSE: NU) reveals that it has supported the financial inclusion of 5.7 million Brazilians in the credit card market in one year, according to a study released by Data Nubank – the company’s research and analysis platform on finances. The survey analyzed “the spending… Read More

March 28, 2023 @ 8:41 am By Omar Faridi  |  

New research— recently published by Oxford Economics and in partnership with Funding Circle (LSE:FCH), including a detailed survey of Funding Circle customers—reveals UK SMEs’ durability, with 58% of respondents “saying their experience of dealing with the pandemic’s challenges has made their business more resilient.” Over… Read More

March 28, 2023 @ 8:37 am By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, and Central Payments L.L.C., a banking-as-a-service (BaaS) provider, are enabling fintechs, enterprise businesses and payment facilitators “to bring financial products and services to market with greater speed and growth potential.” The… Read More

March 28, 2023 @ 8:36 am By Omar Faridi  |  

Estateguru, the Pan-European property investment platform, and the Czech investment bank J&T Banka have made an agreement “to fund real estate-backed loans in the Baltics.” J&T Banka initially “invested €2.5M in Finnish and German loans as part of its continued commitment to funding Estateguru loan… Read More

March 28, 2023 @ 8:34 am By Omar Faridi  |  

CoinShares, Europe’s digital asset investment firm, is announcing the launch of two  zero management fee Crypto Index ETPs: CoinShares Physical Top 10 Crypto Market ETP & CoinShares Physical Smart Contract Platform ETP. These two products will be “listed on German’s main market Xetra.” Both ETPs… Read More

March 27, 2023 @ 10:48 pm By Omar Faridi  |  

Strike, which claims to be the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced the launch of fast, secure, and low-cost money transfers from the U.S. to Vietnam, “further expanding its revolutionary cross-border payment service.” Strike has partnered with Getbit “to enable… Read More

March 27, 2023 @ 10:43 pm By Omar Faridi  |  

We recently connected with Dr. Amrit Kumar, COO at Altlayer, which focuses on building key infrastructure for Web 3.0, an evolving set of standards that aims to support the Internet of the future. Dr. Amrit Kumar (currently at Altlayer) previously co-founded Zilliqa Research, where he… Read More

March 27, 2023 @ 10:37 pm By Omar Faridi  |  

Huobi has signed a Memorandum of Understanding (MOU) with Copper. Huobi is in discussions to join Copper’s ClearLoop Network, “making it the fifth exchange to join since January 2023.” Five of the top ten global crypto exchanges have “either integrated or are working towards integrating… Read More

March 27, 2023 @ 6:45 pm By JD Alois  |  

Birchal, long the leading online capital formation platform in Australia, reports that during its fiscal Q3 2023 quarter it dominated the “crowd-sourced funding” market in the country. Birchal says that it captured 100% market share during the quarter to date, making it the only Australian… Read More

March 27, 2023 @ 6:37 pm By Omar Faridi  |  

Ledge, an automated, no-code finance operations platform, announced the launch of its new multi-bank management solution that’s designed “to help finance teams easily and nimbly manage cash balances across multiple bank accounts in real-time as executives put a renewed focus on treasury management.” Since the… Read More

March 27, 2023 @ 6:35 pm By Omar Faridi  |  

Banxa, the on-and-off ramp solution for web3, has integrated with The Graph, the decentralized infrastructure protocol, “to allow users to pay with fiat currency to access blockchain data organized by The Graph.” This integration, now “available directly in The Graph’s user interface, decreases barriers to… Read More

March 27, 2023 @ 12:13 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has filed charges against Binance, founder and CEO Changpeng Zhao (known as CZ), and former Chief Compliance Officer Samuel Lim with “numerous violations” of the Commodity Exchange Act (CEA) and other regulations. Filed in the U.S. District Court for… Read More

March 27, 2023 @ 9:16 am By Omar Faridi  |  

Jens Plath, Adrian Plattner and Thomas Graf will join the Executive Board of TWINT from 1 April 2023. They will support TWINT in “positioning itself for future growth.” TWINT claims that it “continues to see robust growth and is reinforcing its future strategy.” As a… Read More

March 27, 2023 @ 9:13 am By Omar Faridi  |  

Having secured its digital wallet licence, Fintech firm Purpl’s new offering will “provide Lebanese citizens at home and abroad with seamless ways of transacting.” Purpl began its collaboration with Mambu in June 2022, and the implementation took six months. Customers can now easily “access stored… Read More

March 27, 2023 @ 9:11 am By Omar Faridi  |  

Finaro, the global cross-border payment provider and fully licensed bank, has announced its European Cloud Commerce deployment with payments technology company Mastercard, Nordic neobank and POS provider, Northmill, and full commerce enablement technology company, NMI. Following Mastercard’s launch in the U.S. in 2021, this partnership… Read More

March 27, 2023 @ 9:10 am By Omar Faridi  |  

Obligate, a Zürich-based investment platform that enables companies to issue on-chain bonds and commercial paper to receive funding, recently “opened onboarding for issuers and investors.” Built on Polygon, the L2 blockchain for institutional finance, the platform “enables the management of corporate debt financing in a… Read More

March 26, 2023 @ 11:37 pm By Omar Faridi  |  

Sygnum, the digital asset bank, announces the opening of its Middle East hub in the Abu Dhabi Global Market international financial centre “to provide a portfolio of Swiss-regulated crypto banking services.” This move should further strengthen Sygnum’s global reach, “following Sygnum Singapore’s growth via corporate… Read More

March 26, 2023 @ 10:48 pm By Omar Faridi  |  

Yoko Spirig, co-founder and CEO of Ledgy, recently shared her views on Tech Nation’s latest report (and last before it closes next month) which looks at how the nation and industry can “turn the U.K. tech sector into a $4 trillion industry.” The report states… Read More

March 26, 2023 @ 5:38 pm By Omar Faridi  |  

Nation-state cyber threat actors are expected to acquire and flex new offensive cyber capabilities in “an increasingly polarized world,” warns cyber risk analytics specialist CyberCube. In a new report, CyberCube anticipates “there will be further attempts to compromise IT supply chains and geopolitical targets such… Read More