Global

October 10, 2022 @ 11:17 am By JD Alois  |  

Huobi Global, the operator of one of the world’s largest crypto exchanges, has selected Justin (Yuchen) Sun to join the Huobi Global Advisory Board. Sun is the creator of TRON, a blockchain-based operating system that claims more than 110 million monthly active users. The Advisory… Read More

October 10, 2022 @ 10:00 am By Omar Faridi  |  

Personal savings app provider Yeeld has raised 71% (€357,114.20) of its €500,000 target from 292 investors with 8 days left (at the time of writing) in the firm’s crowdfunding campaign carried out via Crowdcube. Yeeld reports a Pre-money valuation of €12,000,000; Equity: 4%; a €0.78… Read More

October 10, 2022 @ 9:16 am By JD Alois  |  

BankiFi, a UK-based Fintech offering embedded banking services, has announced a partnership with Axiom Bank to pursue the US SME banking market. Axiom Bank, based in Florida, has its roots as a community-based savings and loan firm that has bigger plans. The two firms are… Read More

October 10, 2022 @ 8:23 am By Omar Faridi  |  

For the entire world, and especially for the European region, the year 2022 is associated with significant fluctuations in the global economy, which also “have left a remarkable impact on every local market,” the team at Debitum noted. Such a difficult and critical period has… Read More

October 10, 2022 @ 8:18 am By Omar Faridi  |  

Crowdtolive, which lets people own their home “without incurring debt,” whilst investors can get the benefits of property investment, has raised 120% (£482,950) of its £400,004 target via Seedrs from 158 investors (at the time of writing) with 20 days currently left in the firm’s crowdfunding… Read More

October 9, 2022 @ 11:45 pm By JD Alois  |  

Solidi, said to be the first crypto exchange in the UK to be registered with the UK Financial Conduct Authority (FCA), has partnered with AlgoDynamix. AlgoDynamix, founded at Cambridge University, is an analytic firm that was originally launched to provide fund managers, investment banks and… Read More

October 9, 2022 @ 11:40 pm By Omar Faridi  |  

The Quadrans Foundation, as part of the TRICK Consortium, will “provide the blockchain technology infrastructure for the new platform’s design and will use Truebit to achieve TRICK’s development goals.” TRICK Project (product data traceability information management by blockchains interoperability and open circular service marketplace) was… Read More

October 9, 2022 @ 11:34 pm By Omar Faridi  |  

A new independent survey of more than 2,000 European SMEs has found: 68% plan to adopt real-time payment processing in the next 12 months At present, just 10% of SMEs can receive payments instantly 23% say their international growth has been hindered due to delays… Read More

October 9, 2022 @ 10:34 pm By JD Alois  |  

Fintech startup Hedgehog has raised over £1.56 million on Seedrs. As was previously reported, Hedgehog was aiming to raise £1 million but has easily topped that amount by over 50%. Hedgehog was offering equity at a pre-money valuation of £20.4 million. The offering was EIS-approved…. Read More

October 9, 2022 @ 9:27 pm By Omar Faridi  |  

eToro, the social investing network, recently announced the appointment of Nicole Murphy as U.S. Chief Compliance Officer and James (Jim) McGrath as U.S. Head of Anti-Money Laundering. In her new role as U.S. Chief Compliance Officer, Nicole will “oversee the design, implementation, and maintenance of… Read More

October 9, 2022 @ 9:17 pm By Omar Faridi  |  

Orca, a Solana-based liquidity platform, has announced the launch of the Orca Climate Fund. The fund is “reflective of its mission to combat climate change and promote sustainable practices in crypto.” The Orca Climate Fund “evolved from Orca’s Impact Fund which was born in August… Read More

October 9, 2022 @ 9:09 pm By Omar Faridi  |  

ThriveDX, which claims to be the “premier” cybersecurity and digital skills provider, and Exclusive Networks, a globally “trusted” cybersecurity specialist for digital infrastructure,  announced the expansion of their partnership “to deliver end-to-end cybersecurity training and talent solutions to its global network of more than 25,000… Read More

October 9, 2022 @ 4:36 pm By Omar Faridi  |  

Sumsub, a global tech company providing anti-fraud and compliance solutions, announces the launch of “one click-KYC.” These services from Sumsub are available for users in India, Brazil, Nigeria and Indonesia. The new solution will “allow businesses to instantly onboard over 2 billion users without requesting… Read More

October 9, 2022 @ 2:05 pm By Omar Faridi  |  

Decades into the new millennium, finance teams are still behind with digital transformation. Research shows that finance executives are still struggling with process improvement, whether it be document handling, collecting signatures, reporting, or forecasting. Finance is a key function that supports the business with timely… Read More

October 9, 2022 @ 10:50 am By Omar Faridi  |  

Channel Capital Advisors LLP is pleased to announce “the launch of its specialist Fintech Lending Strategy, with commitments from global institutional investors.” The first $100m tranche of the $300m strategy will be “deployed immediately to leading fintech lenders.” Channel’s fund will be “deployed to digital… Read More

October 9, 2022 @ 10:42 am By Omar Faridi  |  

WireFX is pleased to announce that it has selected Monex USA as a strategic partner “to provide global payment capabilities to its U.S. corporate clients. ” Through this partnership, WireFX clients will be able “to take advantage of Monex USA’s digital solutions for foreign exchange… Read More

October 8, 2022 @ 8:03 pm By Omar Faridi  |  

Wall Street and Silicon Valley are coming together “to build digital asset management solutions focused on connecting institutional investors to the crypto ecosystem.” Earlier this year, former HSBC trader Ashutosh Goel and former Meta Asia executive Supreet Kaur paired up to build xalts, an investment… Read More

October 8, 2022 @ 7:00 pm By Omar Faridi  |  

West Realm Shires Services Inc. and FTX Trading Limited, the companies behind FTX US and FTX.COM respectively (collectively referred to as “FTX”), and Visa, which claims to be a world leader in digital payments, announced “a long-term global partnership.” As a part of the alliance,… Read More

October 8, 2022 @ 6:23 pm By Omar Faridi  |  

Bizcuit provides invoice financing to Rabobank clients in their need for flexible liquidity. These services are for those who need money quickly to meet their payment obligations in the short term, want to take advantage of a purchasing option with their supplier, or because they… Read More

October 8, 2022 @ 6:15 pm By Omar Faridi  |  

HSBC (NYSE: HSBC) has launched HSBC Trade Solutions (HTS) to customers in its two largest markets – the UK and Hong Kong. Whilst making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will “power commerce that is rapidly evolving across different… Read More