Global

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

Fractional Investing Fintech Hedgehog Tops Funding Goal on Seedrs

Hedgehog, a fractional investing platform leveraging blockchain, is raising growth capital on Seedrs and has quickly topped its funding goal. According to the offering page, Hedgehog is seeking  £1 million in equity at a pre-money valuation of £20.4 million – representing about a 4.8% stake… Read More

PayU has Acquired Ding in Colombia

PayU has received regulatory approval to acquire Tecnipagos S.A., doing business as Ding, a company providing electronic payments and deposits in Colombia. PayU is the payments operation of Prosus. In a corporate statement, PayU noted that it is present in more than 50 markets around… Read More

Fintech Firm Claimer Raises $4.2M via Seed Round

Adam McCann, Co-founder and CEO at Claimer, notes that he’s pleased to announce they’ve raised a $4.2m seed, led by Project A Ventures, with participation from Moonfire Ventures, and helloworld.vc. A group of angels also contributed to the investment round. They reportedly “include Matt Clifford… Read More

Ethereum After The Merge: More ETH Expected to be Destroyed than Created, Report Claims

We’re quickly approaching (or have already followed through with) The Merge, the most notable upgrade in Ethereum’s history and “a crucial turning point for the wider crypto industry,” according to an update from digital asset firm Kraken. As the Ethereum blockchain transitions from proof-of-work (PoW)… Read More

Paysend Supports Instant Cross-Border Payments to 25 Countries for $1

Paysend, the UK-based Fintech with over 7 million customers, announces the launch of Instant Account Payments, which give consumers and businesses the ability “to send instant cross-border payments of up to $100,000 to accounts for just $1 per payment.” Users can quickly connect to Paysend’s… Read More

Payhawk, a Spend Management Solution Provider, Opens New York Office

Payhawk, the spend management solution with a presence across the UK and Europe, officially launched in the US. The unicorn has “opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and… Read More

Fintech Adyen Introduces Real Time Account Updater with Visa in Europe

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, today announced the expansion of Real Time Visa Account Updater (VAU) to Europe. As the first platform to offer Real Time VAU coverage in Europe with Visa, Adyen will help its customers… Read More

Australia’s Commonwealth Bank (CBA) Turns on PayTo for Recurring Payments

Commonwealth Bank (CBA) has become the “first” major Australian bank to enable PayTo payments for CBA customers – a new digital way “to authorize payments from a CBA bank account, and the latest initiative from New Payments Platform Australia (NPPA).” As part of the PayTo… Read More

Mastercard Teams Up with Copenhagen Fintech to Strengthen Collaboration with Nordic Fintechs

Copenhagen has a strong fintech ecosystem and a “leading” position among fintech hubs globally, according to an update from Mastercard (NYSE: MA). The hub connects both start-ups, established companies and organizations “focusing on innovation and new opportunities.” Mastercard is “committed to empowering the growing fintech… Read More

FTFT’s Future FinTech Labs Partners with Currencycloud

Future FinTech Group Inc. (NASDAQ: FTFT), a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs, a wholly subsidiary of the company, has teamed up with Currency Cloud Inc., a subsidiary of Visa and a global payment platform that is registered… Read More

Far Homes Raises $2.25 Million Supported by Redfin, Aims to Simplify Home Buying Around the World

  As remote working becomes the norm for many, the demand for homes around the world has risen dramatically. If you can work from anywhere in the world – where would you choose? Unfortunaly, some regions do not offer a multi-listing service, and the process… Read More

Digital Asset Firm Ownera Raises $20 Million in Funding Round led by JP Morgan, LRC Group

Ownera has raised $20 million in Series A funding led by JP Morgan and LRC Group. Other investors include; Draper Goren Holm, tokentus Investment AG, Accomplice Blockchain, Polymorphic Capital, The Ropart Group and Archax. Ownera is a digital asset platform enabling tokenization of securities as… Read More

Fork: Coinshares Reveals Plans for Physical Ethereum ETP, Traded on SIX, Xetra and EURONEXT

CoinShares (Nasdaq First North Growth Market: CS; US OTCQX: CNSRF) has its plan to deal with the Merge. The Exchange-Traded Products (ETPs) CoinShares Physical Ethereum, is listed on the SIX Swiss Exchange, Xetra in Germany, as well as the Euronext in France and the Netherlands…. Read More

FIS Introduces Worldpay for Platforms, Enabling Software Providers to Enhance SMB Commerce Experiences

Financial technology provider FIS (NYSE: FIS) announced that it is streamlining the way small-to-medium-sized businesses (SMBs) gain access to embedded payments and finance solutions “through software providers with the launch of Worldpay for Platforms.” This new software-as-a-service (SaaS) solution “combines the power of the global… Read More

Northzone Raises €1B to Invest in Seed, Growth-Stage Firms

VC Northzone is proud to announce their largest fundraise to date: €1 billion “to invest in the next generation of changemakers.” Between the global climate crisis and social, macroeconomic, and political uncertainty, they believe technological innovation will “continue to be the silver lining that delivers… Read More

Pan-European Securities Trading Exchange Equiduct Introduces Trading of US Stocks in Apex

Equiduct, the pan-European retail exchange, announced that it has launched the trading of US equities in Apex, the on-exchange Best Execution service “with zero trading fees for retail brokers.” Over five million retail investors with access to Apex will now be able “to invest in… Read More

iLex Launches in EMEA, Driven by Steady Demand for Loan Market Infrastructure

iLex, a Platform-as-a-Service (PaaS) fintech that designs, builds and operates digital market infrastructures for syndicated loans and private credit, announced the launch of its EMEA operations. The Singapore-based Fintech aims “to increase the liquidity, efficiency, and transparency of both primary and secondary loan markets through… Read More

Broadridge, Euronext to Transform Proxy Voting Lifecycle in Denmark

In response to the growing drive for higher corporate governance standards – both globally and at a national market level – Broadridge Financial Solutions, Inc. (NYSE:BR)  announced it has “commenced live operations of its new ‘golden copy’ event notification and direct vote execution service for… Read More

Anchorage Digital Joins with GMO-Z.com to Provide Custody, Trading of Yen Backed Stablecoin GYEN

Anchorage Digital has announced that it will provide custody services and trading for a Japanese Yen-based stablecoin GYEN. The service is being offered in partnership with GMO-Z.com Trust Company. GYEN is said to be the world’s first yen-backed stablecoin. GYEN is also said to be… Read More

Serhii Zhdanov: CEO at EXMO Discusses the Importance of Compliance, Regulation in Cryptocurrency Markets

We recently connected with Serhii Zhdanov, CEO at EXMO, a compliant cryptocurrency exchange, registered in the Republic of Lithuania as a “provider of activities of a virtual currency exchange operator and a deposit virtual currency operator” that promotes itself as making investing in crypto easy… Read More

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