Global

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

NFTs: Topps Digital Partners with Checkout.com to Provide Secure Shopping Experience to Meet Demand for Digital Collectibles

The world of collectibles is a “real business” with a passionate following. When it comes to trading cards, the Topps brand is in “a league of its own,” according to an update shared by Checkout.com. The company known for its legendary baseball cards “has made… Read More

The Digital Pound Moves Forward: HM Treasury and Bank of England Launch Consultation on CBDC, No Decision on DLT

HM Treasury and the Bank of England have announced a new consultation on the possibility of a digital pound. According to a joint statement, The consultation is being launched as the UK government wants to ensure the public has access to “safe money” while supporting… Read More

OurCrowd Global Investor Summit Returns After Several Years, COVID Induced Hiatus

OurCrowd is returning next week (February 15, 2023) with its investor summit, held in Jerusalem. The OurCrowd Global Investor Summit focuses on online capital formation and is the largest gathering of its kind globally. OurCrowd hit the pause button on the event following the emergence… Read More

Artificial Intelligence: GlossAi, AI-driven Video Generator Developer, Finalizes $8M Seed Round

GlossAi, creators of an AI-driven video generator that allows organizations to rapidly create multi-audience content at scale using generative AI capabilities, announced a successful $8 million seed round. Led by New Era Capital Partners with participation by Guidestar ventures, 97212 Ventures, MindCET Ventures, Ginossar Ventures,… Read More

Supply Chain Firm Wisor AI Raises $8 Million Seed Round

Supply chain startup Wisor AI has raised an $8 million seed round led by Team8. The funding round also included participation from Ocean Azul and Hico Investment Group, as well as pre-seed investors fresh.fund, Atooro Fund, The Dock, Seed IL Ventures, and Izaki Ventures. Founded… Read More

Payments Firm Zilch Partners with StepChange

Zilch, a UK-based payments Fintech, has announced a partnership with StepChange – a “debt advice charity.” According to Zilch, the collaboration with StepChange will make it the first provider of credit via buy now pay later  (BNPL) to fully integrate StepChange Direct into its platform…. Read More

Australia’s Digital Lender MONEYME Returns to Statutory Profits

Digital lender MONEYME (ASX:MME) has just released a trading update announcing it has returned to statutory profits “ahead of target, making it potentially the first fintech in Australia to return to profitability following recent challenging market conditions.” MONEYME has “delivered >$8m NPAT and record revenue… Read More

Ecuador based BuenTrip Ventures Raises Money from IDB

Ecuador-based BuenTrip Ventures, a Latin American-focused VC fund, and accelerator, has secured its first institutional investor in its second fund. The funding included the participation of the Inter-American Development Bank (IDB) through IDB Lab. IDB Lab aims to support innovation and the development of the… Read More

Identity Data Fabric Firm, Radiant Logic, Signs Agreement to Acquire France’s Brainwave GRC

Radiant Logic, the Identity Data Fabric company, announced that it has entered into a definitive agreement to acquire Brainwave GRC, a key player focused on Identity Governance and Analytics (IGA) headquartered in France. Together, Radiant Logic and Brainwave GRC address “a broad set of identity… Read More

Digital Asset Firm HAYVN Welcomes Crypto Regulatory Clarity in the UK

The UK government has released proposals for regulation of the cryptocurrency industry in hopes of “stabilizing the market while diminishing the incentives for users to flock to offshore jurisdictions.” Perhaps one of the benefits of the post-FTX landscape is that regulators are now “urged to… Read More

UK’s Salad Money Acquires £40M Debt Facility to Get Credit to Essential Workers

Social purpose Fintech firm Salad Money will aim to serve the demand for affordable credit from NHS and public sector employees after receiving a senior debt facility of as much as £40 million via a US-headquartered credit fund. The facility means more essential workers among… Read More

European Fintech Enfuce Enters 2023 with New Hires to Drive Business Growth

Enfuce, the European card issuing and processing firm, has bolstered its management team with pivotal senior appointments as it gears up for further rapid expansion in 2023. The Finnish-based Cloud-native platform pioneer “has appointed Andy Patton as Chief Commercial Officer (CCO), Jessica Collingwood as Chief… Read More

Dr. Torsten Stuber: CTO at Pendulum Explains How Use of Stablecoins Affects Developments of DeFi Apps

We recently caught up with Dr. Torsten Stüber, Co-Founder and CTO at Berlin-based Pendulum, an initiative focused on traditional finance infrastructure blockchain solutions, which is “the missing link between fiat and DeFi.” Pendulum is an open-source blockchain built on the “proven” Parity Substrate framework, establishing… Read More

Centre for Finance, Innovation and Technology Appoints Ezechi Britton as Chief Executive Officer

The Centre for Finance, Innovation and Technology (CFIT) has named Ezechi Britton MBE as its Chief Executive Officer. He will start the role in April 2023. Britton will work with Charlotte Crosswell (CFIT Chair) in order “to deliver on CFIT’s mission to support the next… Read More

Klarpay AG Expands Global Payment Capabilities with 13 New Currency Accounts

Klarpay AG marks a “significant” expansion of its international payment offering with the launch of 13 new currency IBAN accounts. This addition “enables digital companies, including online merchants, ad networks, marketplaces, and influencers, to collect and disburse payments in AED, AUD, CAD, DKK, HKD, HUF,… Read More

XPLA Governance Proposal Approved to Support Holders with $XPLA Still on FTX Exchange

The XPLA Blockchain, a “next generation” of Web3 mainnet developed with gamers at the core of its design, announced that a governance proposal ‘to support individual $XPLA holders related to the FTX incident has been approved with unanimous consent.” The voting on the Relief Fund… Read More

Finastra Introduces Cloud-enabled Risk Management Solution for Community Banks

Finastra recently unveiled Finastra ALM IQ, a risk management solution available for banks from March 2023. The unique Cloud-based balance sheet management tool “enables small and medium-sized banks to make confident decisions in shorter timeframes, making them more competitive against larger financial institutions.” ALM IQ… Read More

Expense Management Survey: Increase in Travel Spend Among SMEs Despite Inflation, Recession Concerns

Center, a software company helping businesses gain visibility into and manage employee spending, released insights from its fourth annual Expense Management Trends survey, revealing that “despite an uncertain economic environment, over a third of respondents (36%) plan to spend more than $250k annually on travel,… Read More

Fibery Secures $5.2M to Develop Work, Knowledge Management Tool for Startups

Fibery, the work and knowledge hub for startups, today announced that it has raised $5.2 million in a Series A funding round “led by Tal Ventures, with additional funding from Altair Capital.” This investment round “brings total investment in the company to $8.3 million, following… Read More

Proxymity, FIS Introduce Digital Proxy Voting Service

Proxymity, the digital investor communication platform, today announced its collaboration with FIS® to launch FIS Proxy Voting by Proxymity. The digital proxy voting service “connects issuers, intermediaries, and investors ensuring that investor communications are delivered in real-time.” Rapidly increasing cost pressures amidst “an unpredictable economic… Read More

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