Global

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

Paysend Business to Help Clients Accept Payments Anywhere at Any Time

Product innovation, growth and increasing profit – these are all things small business owners and entrepreneurs need to focus on, “particularly at the early stages of their company,” according to an update from Paysend. Paysend asks why is their attention being diverted by “trying to… Read More

Wealth Management Platform to Be Launched by Belgium’s Bank Nagelmackers, Objectway

Bank Nagelmackers, which claims to be one of the leading personal and private banks in Belgium, has selected Objectway, a Pan-European Wealth & Asset Management software and services company, in order “to implement a new private client wealth management platform for the bank’s advisory, discretionary… Read More

Sentinels Transaction Monitoring Platform Creates Effective Response to Financial Crime Across Europe

Sentinels, a Fenergo company and Europe’s intelligent transaction monitoring and client risk management specialist, announces the launch of its new platform solution for transaction monitoring. The SaaS platform is designed “to help financial institutions detect and eliminate financial criminality with greater speed and accuracy than… Read More

Identity Verification Firm AU10TIX Appoints Dan Yerushalmi as CEO

AU10TIX, which claims to be the global technology leader in identity verification and identity management automation, announced the appointment of Dan Yerushalmi as its new CEO. Yerushalmi’s record “with global technology enterprises and experience in the security, e-banking and telecommunications industries underlines AU10TIX’s intention to… Read More

Founder of Faace Says More Women Turning to Crowdfunding, Raises Equity Capital on Seedrs

Faace founder Jasmine Wicks-Stephens says more female entrepreneurs are turning to securities crowdfunding. Citing research by the European Investment Bank (EIB), Wicks-Stephens notes that female entrepreneurs secured just 1% of venture capital last year – even though female founders tend to perform well, failing less… Read More

The Future of Payments Lies in Emerging Markets and Interoperability

Emerging markets have contributed almost two-thirds of global GDP growth over the past 15 years. So, it’s not surprising that businesses in established markets like the U.S. and U.K. are looking to expand their operations in these up-and-coming regions — whether it means working with… Read More

Bitpanda, N26 Introduce Digital Asset Trading in Germany, Expand Across Europe

Bitpanda announced that the successful Austrian-only phase of their partnership with N26, one of the largest digital banks in Continental Europe, has been expanded. N26 customers from Germany, Portugal, Belgium, Ireland and Switzerland will now “be able to invest in a wide range of over… Read More

Genesis Files for Bankruptcy After Holding Out for Weeks as Crypto Contagion Continues

Late last night, Genesis, part of the Digital Currency Group (DCG), filed for Chapter 11 bankruptcy protection as it looks to restructure in light of a challenging environment in the crypto sector which has impacted multiple firms. Genesis is a digital asset prime brokerage that… Read More

UK’s LendInvest Acquires Funding from Lloyds Bank to Launch into Homeowner Mortgages

LendInvest (LSE: LINV), which claims to be the UK’s leading asset manager for property finance, announces increased funding from Lloyds Bank now totaling £300 million “to support its entry into the UK’s £1.2 trillion homeowner mortgage market.” LendInvest’s home owner mortgage product, “which beta launched… Read More

Norway’s KapitalKontroll, a Debt Management Service, Teams Up with Neonomics

KapitalKontroll, an innovative Norwegian provider of debt management and collection services has partnered with Neonomics in order “to launch a fully automated debt collection system that manages all payments through Neonomics open banking platform, enabling increased efficiency and security for its customers who include an… Read More

Allfunds Appoints Tom Wooders as UK Country Head

Allfunds (AMS:ALLFG), the B2B WealthTech platform for the funds industry, announces the appointment of Tom Wooders as UK Country Head. Tom will lead the UK business as it “continues to grow in size and prominence, as a key market in the European funds industry.” Tom… Read More

Chronosphere, a Cloud-Native Observability Platform, Raises $115M Series C at $1.6B Valuation

Chronosphere, the cloud native observability platform that puts engineering organizations back in control by taming rampant data growth and cloud native complexity, has raised an additional $115 million Series C funding. New investors “include GV (formerly Google Ventures) and Geodesic Capital, bringing Chronosphere’s total funding… Read More

Abacus Group Acquires Gotham Security, GoVanguard to Expand Cybersecurity Service Offerings

Abacus Group, the provider of hosted IT services and solutions to alternative investment firms, announces that it has acquired two boutique cybersecurity consulting companies, Gotham Security and its parent company, GoVanguard, both of which have solid track records of excellence in the cyber arena. Gotham… Read More

Obligate Finalizes Seed Extension Round with Blockchange Ventures, Circle Ventures, SIX Fintech Ventures, Earlybird

Obligate, formerly known as FQX, announced it has successfully closed a seed extension funding round, “allowing them to scale their blockchain-based platform for bonds and commercial paper.” Blockchange Ventures and Circle Ventures join initial seed co-investors Earlybird and SIX Fintech Ventures – “bringing the total… Read More

SEC Reveals Charges Against Former FTX, Alameda Research Executives Gary Wang, Caroline Ellison

The Securities and Exchange Commission (SEC) has charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. (FTX), for their part in the “multi-year scheme” to commit fraud in regards to FTX, once… Read More

PayJunction Partners with Fintech Plaid to Extend A2A Money Transfers

PayJunction, a developer of payment processing technology, announced an integration with Plaid, a consumer-permissioned network powering the digital financial ecosystem to simplify bank payments, “enabling PayJunction customers and partners to deliver a better pay-by-bank experience.” Integrating Plaid’s secure account-to-account (A2A) bank connectivity technology with PayJunction’s… Read More

House of Cards: SEC Issues Litigation Release on Sam Bankman-Fried and Plot to Defraud Equity Investors by Misrepresenting FTX

The Securities and Exchange Commission (SEC) has filed a litigation release regarding allegations that Sam Bankman-Fried defrauded equity investors in FTX. The U.S. Attorney’s Office for the Southern District of New York and the Commodity Futures Trading Commission (CFTC) have also announced charges against Bankman-Fried…. Read More

LatAm Fintech Dock Launches Platform for Integrated Banking, Payments Solutions

Dock, an innovator in financial technology infrastructure across Latin America, has launched Dock One, an integrated cloud-based platform for banking and payments that “allows companies to easily scale business operations anywhere in the world by offering financial services enablement to their customers.” The innovative platform… Read More

Nottingham Building Society Appoints Gareth Hagger-Johnson as Director of Data Strategy

Nottingham Building Society has announced the appointment of Dr Gareth Hagger-Johnson as Director of Data Strategy (DDS). In this newly created role, Gareth will “develop a new data and insights framework for The Nottingham to increase the value of services to customers and deliver on… Read More

MONEI Poised to Offer First Digital Euros Under Watchful Eye of Bank of Spain’s Fintech Sandbox

Spanish Fintech MONEI is reporting that it has received the “green light” from the Bank of Spain’s Fintech Sandbox to launch a digital Euro –  “EURM.” MONEI is a platform that aims to simplify and streamline digital payments, allowing any organization to integrate with Shopify… Read More

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