Global

January 19, 2023 @ 9:29 am By JD Alois  |  

October, a European marketplace lending platform providing access to capital for SMEs, has received a €35 million commitment from the European Investment Fund (EIF) and Netherlands-based Invest-NL. The capital is split between the two entities with the EIF providing €20 million and Invest-NL the rest… Read More

January 19, 2023 @ 9:06 am By JD Alois  |  

  Jamie Dimon has returned to CNBC bashing crypto once again. In an interview at Davos, the CEO of JP Morgan (NYSE:JPM) was asked about Bitcoin and cryptocurrency. Dimon said he wondered out loud why CNBC spent so much time on crypto, calling Bitcoin a… Read More

January 19, 2023 @ 8:12 am By Omar Faridi  |  

Anyfin, the scaleup that enables consumers to refinance existing loans and take control of their financial wellbeing, announces that it has completed a €30 million Series C funding round. The capital will “fuel the growth of its business across Europe, as well as helping Anyfin… Read More

January 19, 2023 @ 7:08 am By Omar Faridi  |  

Coincover, which claims to be the leading digital asset protection technology company, announces a new partnership with Fireblocks, an easy-to-use platform “to create innovative products on the blockchain and manage day-to-day crypto operations.” The partnership provides Fireblocks customers “with a secure alternative for key backup… Read More

January 18, 2023 @ 10:34 pm By Omar Faridi  |  

MakerDAO, which claims to be the longest-standing DeFi lending protocol and creator of DAI, the original, decentralized stablecoin, announces Societe Generale-FORGE, a subsidiary of French multinational investment bank Societe Generale, has “completed an initial DAI drawdown from the MakerDAO protocol of 7 million DAI. SG-FORGE… Read More

January 18, 2023 @ 8:48 pm By Omar Faridi  |  

Finance software startup Quartr and investment platform Lightyear announce a partnership to bring Quartr’s convenient “access to earnings calls audios, reports and slide decks to the Lightyear platform.” Quartr has “collected company information from roughly 7,000 listed companies and have, since this autumn, started redistributing… Read More

January 18, 2023 @ 5:02 pm By Omar Faridi  |  

Trakx, an emerging global Fintech company providing thematic Crypto Tradable Indices through its registered Tier-1 trading platform, announced the launch of three new indices named: Growth, Balanced and Conservative. The new indices are “designed to meet the increasing demand for risk-adjusted crypto indices from high-net-worth… Read More

January 18, 2023 @ 4:42 pm By JD Alois  |  

“Fueled a high-tech axis of cryptocrime.” The US Department of Justice (DOJ) has announced the arrest of Anatoly Legkodymov, 40, a Russian national who resides in Shenzhen, China, as the founder and operator of Bitzlato, a crypto exchange the feds have alleged to have processed… Read More

January 18, 2023 @ 4:05 pm By Omar Faridi  |  

Citcon, the “one-stop” service global payment platform in providing in-store, online, and mobile payment solutions, and Klarna, which claims to be the global leader in the generational shift away from credit cards, announced an integration and business partnership which will add Klarna as a featured… Read More

January 18, 2023 @ 10:29 am By JD Alois  |  

Goldman Sachs (NYSE:GS) released Q4 2022 and full-year 2022 results yesterday which have been deemed a disappointment by analysts and many investors. It has been widely stated that Goldman has not missed expectations this badly in many years. Shares quickly reflected this sentiment, sinking dramatically…. Read More

January 18, 2023 @ 9:52 am By Omar Faridi  |  

The financial services sector has evolved considerably during the past decade, with many new Fintech startups and banking challengers raising substantial funding to fundamentally improve how consumers perform transactions. Individuals and business organizations across the globe have been moving their activities online, a digital transformation… Read More

January 18, 2023 @ 8:00 am By Omar Faridi  |  

Lynk, the payment solution providing merchants a secure alternative to costly credit card processing fees while powering customer loyalty programs,  announced it has added Pay by Bank, the No. 1 customer-requested feature, to its platform. Pay by Bank allows businesses “to reduce their credit card… Read More

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

Xoom, PayPal’s (NASDAQ: PYPL) international money transfer service, announced that it has launched a new cross-border money transfer product, Debit Card Deposit, “enabling Xoom customers in the U.S. to send money directly to their friends & family’s eligible Visa debit cards in 25 countries.” Launched… Read More

January 17, 2023 @ 10:47 pm By Omar Faridi  |  

Finsure, Australia’s mortgage broker aggregator, has partnered with Frollo and NextGen to use Open Banking data as part of the loan application process. Finsure has reportedly “become the first Australian mortgage aggregator to turn on Open Banking access for its brokers.” In a partnership with… Read More

January 17, 2023 @ 10:13 pm By Omar Faridi  |  

Splitit Payments Limited (ASX:SPT), which claims to be the only white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, announced that Splitit and Alipay have formed a partnership “to power the ‘Pay After Delivery’ option for… Read More

January 17, 2023 @ 10:12 pm By Omar Faridi  |  

The past year has been “challenging,” according to an update from Robo.cash. However, Robocash says it’s time to take stock and start 2023 “with new goals and plans.” The Robo.cash team is pleased to share the results of their creditors for 2022. RC Riga Kazakhstan… Read More

January 17, 2023 @ 4:58 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced a number of leadership changes as the company prepares for the next phase of growth. After 20 years of service, Max Chuard has “decided to step down from his role as CEO and a search to identify a new CEO is… Read More

January 17, 2023 @ 1:26 pm By Omar Faridi  |  

Deutsche Bank and its Blue Water Fintech Lab recently launched a Robotic Process Automation (RPA) commercialization program by “introducing a multibank Data Processing and Reconciliation Solution, its first commercial product.” Deutsche Bank is the first international bank in China “to offer this innovative solution to… Read More

January 17, 2023 @ 12:15 pm By JD Alois  |  

Property investment and financing platform Capital Rise has announced four new hires following a “period of substantial growth.” The positive report follows Capital Rise surpassing £200 million in loan originations during Q4 of 2022. About half of this amount was financed during the 12 month… Read More

January 17, 2023 @ 11:56 am By JD Alois  |  

Bison Bank, a regulated bank licensed by the Banco de Portugal, has inked an agreement with Sygnum Bank to enter the global crypto markets. The move follows the announcement of Bison Digital Assets, a subsidiary of the bank aiming to provide digital asset services like … Read More