Global

October 20, 2022 @ 8:18 am By Omar Faridi  |  

Nuri was founded in 2015 under the name Bitwala with the purpose “to make Bitcoin spendable.” Over the years, the business has “gone through several transformations and re-positionings, ups and downs,” until it has become Nuri, the bank account “to grow your money.” The team’s… Read More

October 20, 2022 @ 8:14 am By Omar Faridi  |  

Visa (NYSE: V) is partnering with Thunes to help individuals and small businesses move money internationally to 78 digital wallet providers, “reaching 1.5 billion digital wallets across 44 countries and territories.” This partnership will now “expand Visa Direct’s reach to nearly 7 billion endpoints, including… Read More

October 19, 2022 @ 11:47 pm By Omar Faridi  |  

Funding Circle (LSE: FCH), which claims to be the United Kingdom’s largest lending platform for small business borrowers, announced the appointment of Greig McEwan as Chief Technology Officer. Greig joins Funding Circle’s Global Leadership Team, “reporting to CEO, Lisa Jacobs.” Greig is “a customer-driven technology leader… Read More

October 19, 2022 @ 10:27 pm By Omar Faridi  |  

Broadway, a provider of high-performance front-office solutions, announced major upgrades to its Duration Trader algorithm “to meet customer and market needs during an ongoing period of volatile European interest rates.” Broadway clients can now “leverage Duration Trader to efficiently unwind risk, eliminate inefficient manual hedging… Read More

October 19, 2022 @ 9:53 pm By Omar Faridi  |  

NAB has launched tap on phone payment technology “for small businesses in a first for a major Australian bank.” The NAB Easy Tap app is described as “an innovative solution that allows small businesses to accept contactless payments when customers tap their card1 or phone… Read More

October 19, 2022 @ 8:50 pm By Omar Faridi  |  

The Binance NFT Marketplace is pleased to be the official sales platform of an exclusive NFT collection created by the Kharkiv Art Museum in Ukraine. This cultural institution is “home to around 25,000 works of fine art, and the museum’s collection is recognized as one… Read More

October 19, 2022 @ 5:04 pm By Omar Faridi  |  

Trulioo, a global identity verification company, has updated its coverage across Latin America, “expanding access to the Dominican Republic and Uruguay and significantly strengthening data sources in Colombia and Mexico.” Those additions “bolster the company’s ability to serve customers streamlining operations in Latin America or… Read More

October 19, 2022 @ 1:49 pm By JD Alois  |  

SNCF, or the Société Nationale des Chemins de Fer Français, France’s national state-owned railway company. has selected a young Fintech firm AlmaPay to power its payments, including payments in installments or BNPL. SNCF is ubiquitous and widely utilized in France, generating almost €40 billion in… Read More

October 19, 2022 @ 12:41 pm By Omar Faridi  |  

GoCardless, which claims to be a global leader in direct bank payments, has signed Crowdz, the small and mid-sized enterprise (SME) finance platform, “as its latest customer as the company looks to integrate open banking to enhance its ability to drive equitable access to finance… Read More

October 19, 2022 @ 9:05 am By Omar Faridi  |  

We recently connected with Li Jun, Founder of Ontology, the project that claims it is bringing trust, privacy, and security to Web3 through decentralized identity and data solutions. Li Jun has commented on the key developments in the crypto and blockchain space following the Ethereum… Read More

October 19, 2022 @ 8:55 am By JD Alois  |  

Nubank (NYSE: NU) has announced the creation of its own cryptocurrency Nucoin. The digital asset is leveraging the Polygon blockchain network. Nubank claims the title of one of the largest financial services companies in the world. Last month, it reported that it had topped 70… Read More

October 19, 2022 @ 8:22 am By Omar Faridi  |  

UK-based open banking and request to pay Fintech firm Ordo has secured £10 million in a Series A round that was reportedly led by Equinox Systems. Established in 2018 by the former management team of the Faster Payments scheme, Ordo allows companies to request payments… Read More

October 18, 2022 @ 11:31 pm By Omar Faridi  |  

UK-headquartered payments Fintech, allpay Limited, have teamed up with Salt Edge, a key player in Open Banking services, to enable businesses to offer customers, including people with vulnerable financial situations, a convenient payment experience, being a part of the larger financial inclusion initiative of the… Read More

October 18, 2022 @ 11:17 pm By Omar Faridi  |  

Finastra recently announced that The Belize Bank Limited, one of the largest banks in Belize, providing retail, corporate and commercial banking services, “successfully migrated the business of Scotiabank (Belize) Limited onto the Fusion Essence core banking platform following an acquisition facilitated by its parent company,… Read More

October 18, 2022 @ 10:30 pm By Omar Faridi  |  

HR and payroll services provider, SD Worx, is committed to making additional investments in people-based Fintech services for its clients by working with Modulr, the embedded payments platform that supports quicker payroll payments. Traditional Bacs payments for payroll usually take around three business days to… Read More

October 18, 2022 @ 6:45 pm By Omar Faridi  |  

bolttech, which claims to be one of the world’s “fastest-growing” international insurtech companies, announced Tokio Marine, alongside other shareholders, will “lead bolttech’s Series B funding round.” The investment round reportedly “values bolttech, Singapore’s only homegrown insurtech unicorn, at an up-round valuation of approximately US$1.5 billion,… Read More

October 18, 2022 @ 5:13 pm By Omar Faridi  |  

Following Kraken’s listings of Altair (AIR), Basilisk (BSX), Bifrost (BNC), Karura (KAR), KILT (KILT), Kintsugi (KINT), Moonriver (MOVR), Phala (PHA) and Tokemak (TOKE) for most countries, Kraken is pleased to announce “the availability of these tokens for residents of the United States and Canada.” Funding… Read More

October 18, 2022 @ 3:20 pm By Omar Faridi  |  

Backbase’s entrepreneurial culture is driving organic growth across the world, in terms of revenue and customers, as the company’s mission “to re-architect banking around the customer through Engagement Banking is gaining global traction.” That culture, growth and mission were externally “validated by the €120 million… Read More

October 18, 2022 @ 10:05 am By JD Alois  |  

Plum, a smart money app, has easily topped its crowdfunding goal by raising over £1 million in just 8 hours on Crowdcube. The securities offering launched last week and is scheduled to close tomorrow. As it stands today, Plum has raised £1.65 million from 4277… Read More

October 18, 2022 @ 8:02 am By Omar Faridi  |  

Binance, which claims to be the world’s leading blockchain and cryptocurrency infrastructure provider, announced the launch of a new series of crypto benchmarks, Binance CoinMarketCap (CMC) Index Series. The indices are designed “to enable users to better monitor and evaluate the performance of the crypto… Read More