Global

October 22, 2022 @ 7:01 pm By Omar Faridi  |  

Open banking payments platform, Token and Payment Service Provider (PSP), Computop Paygate, have joined forces “to answer the growing demand for Open Banking payments in Europe.” Using Token’s Open Banking connectivity and platform, Computop “enables account-to-account (A2A) payments for eCommerce merchants, whitelabel partners and resellers… Read More

October 22, 2022 @ 6:00 pm By Omar Faridi  |  

FT Partners Research recently announced the publication of their Q3 2022 Crypto & Capital Markets Tech Insights report, providing the review of global deal activity for the Crypto & Blockchain and Wealth & Capital Markets Tech sectors “with analysis across private company financings, IPOs, and… Read More

October 22, 2022 @ 3:35 pm By Omar Faridi  |  

Global Fintech Capital on Tap has secured a $110 million corporate revolving credit facility with Atalaya Capital Management “to provide small businesses in the US and UK with a central hub to manage all aspects of their business finances.” Since launching in 2012, Capital on… Read More

October 22, 2022 @ 2:56 pm By Omar Faridi  |  

The agreement between Danske Bank and the consortium of banks behind Vipps to merge MobilePay and Vipps has been “approved by all relevant authorities, including the EU Commission.” The parties expect “to complete the transaction during the fourth quarter of 2022.” The merger was “announced… Read More

October 22, 2022 @ 2:49 pm By Omar Faridi  |  

UK-based challenger bank Atom has appointed Andrew Marshall as the company’s chief financial officer. He will be replacing Atom co-founder David McCarthy whose departure was first reported  in September of this year. Marshall has reportedly worked at Atom for the past six years, holding several… Read More

October 21, 2022 @ 8:07 pm By Omar Faridi  |  

Plaid has launched a new data privacy product – Permissions Manager – which enables their financial services partners “to help put consumers in control of their own data from initial account connections to ongoing connection management.” Plaid’s consumer research has shown that today people “generally… Read More

October 21, 2022 @ 6:34 pm By Omar Faridi  |  

NatWest Group plc has entered into a partnership with the Vodeno Group (comprising of Vodeno Limited and its subsidiaries) which will see the creation of a Banking-as-a-Service (BaaS) business in the UK. This strategic partnership will “enable businesses to embed financial services products such as… Read More

October 21, 2022 @ 5:33 pm By Omar Faridi  |  

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families in over 170 countries around the world, announced key business milestones in the Asia-Pacific (APAC) region. Remitly has expanded its global footprint “to include Japan and New Zealand. To date,… Read More

October 21, 2022 @ 11:29 am By JD Alois  |  

As was previously reported, the compliance date for ECSPR, or European Crowdfunding Service Provider Regulation, has been extended from November 2022 to November 2023 for all EU member states. This means that platforms intending to offer securities crowdfunding across the EU now have another year… Read More

October 21, 2022 @ 11:03 am By JD Alois  |  

Global investment crowdfunding platform OurCrowd has partnered with India-based JITO Angel Network (JAN). According to multiple reports, the deal is for OurCrowd to provide access to investment opportunities for JITO’s members. OurCrowd is one of the largest digital VC platforms in the world that provides… Read More

October 21, 2022 @ 10:32 am By JD Alois  |  

Top crypto trading platform Bitso says it has surpassed 6 million users in Latin America while claiming it is in the midst of a growth spurt the fastest they have seen since its inception in 2014. Bitso states that in the past year, it has… Read More

October 21, 2022 @ 8:24 am By Omar Faridi  |  

authID (Nasdaq: AUID), a provider of secure authentication solutions, announced the launch of Verified 3.0, its next-gen platform that “delivers Human Factor Authentication (HFA).” authID’s Verified platform binds strong, “unphishable”, passwordless authentication “with biometric identity, which offers our customers a streamlined path to zero trust… Read More

October 20, 2022 @ 11:17 pm By Omar Faridi  |  

Primer, which claims to be the world’s first automation platform for payments and commerce, and Coinbase (NASDAQ: COIN) have announced a strategic integration that “allows merchants in markets across the globe to add crypto as a standard method of payment at checkout.” Coinbase Commerce, Coinbase’s… Read More

October 20, 2022 @ 7:57 pm By Omar Faridi  |  

American Express (NYSE: AXP) and Cvent (Nasdaq: CVT), a meetings, events, and hospitality technology provider, introduced enhanced features to the Cvent Event Marketing & Management platform that “further expand virtual payment capabilities, leveraging American Express’ integrated budget management and payment automation solutions.” The enhanced features… Read More

October 20, 2022 @ 3:27 pm By Omar Faridi  |  

UOB (SGX: U11) recently announced the launch of the UOB Sustainability Compass at the Gateway to ASEAN Conference. The Sustainability Compass is a tool that “provides a step-by-step guide for small and medium-sized enterprises (SMEs) to overcome their inertia and kickstart their sustainability journeys.” As… Read More

October 20, 2022 @ 12:31 pm By JD Alois  |  

Weltio, a Y-Combinator alumni that aims to service Latin American investors with an investing app, is raising growth capital on Wefunder. According to the offering page, Weltio is aiming to raise $1.15 million in a SAFE with a $15 million valuation cap. So far, Weltio… Read More

October 20, 2022 @ 12:09 pm By Omar Faridi  |  

Lloyds Banking Group has introduced Innovation Sandbox in order “to accelerate its collaboration with Fintechs and improve the digital products and services it offers to customers.” Innovation Sandbox will reportedly “help the Group bring a variety of Fintech opportunities through the design and test cycle… Read More

October 20, 2022 @ 10:27 am By JD Alois  |  

Digital bank N26, based in Germany, will soon offer cryptocurrency trading to its account holders. According to a Tweet, Austria will be the first country to allow an account holder to trade digital assets with other European countries coming soon. The crypto trading services will… Read More

October 20, 2022 @ 9:46 am By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement hammering the UK Competition and Markets Authority (CMA) for its activity that will have “a chilling effect on America’s startup ecosystem.” This past week, the CMA claimed that the acquisition by Facebook (Meta)… Read More

October 20, 2022 @ 8:38 am By JD Alois  |  

DivideBuy, a UK-based Fintech that provides point of sale (POS) financing, has topped £250 million in lifetime sales, according to a note from the company. The company was founded in 2014. DivideBuy reports over 500 merchants in the UK and claims its customers have boosted… Read More