Global

September 27, 2022 @ 2:48 pm By Omar Faridi  |  

Classiq, which claims to be the leader in quantum computing software, announced another significant expansion of its series B round to $49M by Canadian-Israeli VC Awz Ventures, from “an initial closing of $36M by strategic investors—in the largest quantum software round to date.” Awz Ventures… Read More

September 27, 2022 @ 12:24 pm By Omar Faridi  |  

Nubank (NYSE: NU) reached the mark of 70 million customers in Latin America, “with 66.4 million users in the Brazilian operation, 3.2 million in Mexico, and more than 400 thousand in Colombia.” The company, the fifth largest financial institution in Brazil in number of customers,… Read More

September 27, 2022 @ 9:00 am By JD Alois  |  

BR-DGE , a merchants payments provider that aims to offer a simple and affordable “payment orchestration platform,” has announced a partnership with Vyne. Vyne uses Open Banking to enable account-to-account payments for online businesses. In a company statement, BR-DGE explained that the partnership with Vyne… Read More

September 27, 2022 @ 8:42 am By Omar Faridi  |  

Nuapay‘s innovative and “fully customizable” open banking and real-time account-to-account payment capabilities will “give Pay360‘s customers access to cutting-edge payment technologies across all of its gateway connections.” Pay360 claims it is “a market leader for public sector payments – used by more than 60% of… Read More

September 26, 2022 @ 11:00 pm By Barry James  |  

It’s Time for a Safe Pair of Hands – Before It’s Too Late The first thing that Kwasi Kwarteng did as Chancellor injected so much risk into the British economy that the investors he was seeking to attract had, quite predictably, the opposite reaction. Any… Read More

September 26, 2022 @ 6:36 pm By JD Alois  |  

The Banque de France, the central bank of France, will hold an in-person event to discuss the Opportunities and Challenges of the Tokenisation of Finance, tomorrow, September 27, 2022. The event is taking place at the Musée du Louvre in Paris but it will also… Read More

September 26, 2022 @ 2:45 pm By Omar Faridi  |  

DappRadar, the global app store for decentralized applications, predicts in its new report on the state of the NFT market that “despite financials falling in Q3 that total sales are expected to grow by 6% by the end of the quarter.” Although the NFT market’s… Read More

September 26, 2022 @ 9:47 am By Omar Faridi  |  

Allurity has acquired Spanish multinational Aiuken, as “an important step in its journey to becoming Europe’s leading cybersecurity provider.” Aiuken brings an entire SOC platform “spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.” This deal takes Allurity one step closer “to… Read More

September 26, 2022 @ 8:42 am By JD Alois  |  

Tokeny, a leading security token platform based in Luxembourg, has partnered with Ownera to leverage its global inter-trading network to boost security token liquidity. The Ownera FinP2P network is based on the open-source FinP2P protocol. While most industry observers believe that all securities will become… Read More

September 26, 2022 @ 8:23 am By Omar Faridi  |  

Revolut, the global financial super app with more than 20 million customers worldwide,  announced that it has “expanded its crypto offering to launch 29 new tokens for US* users, via a new partnership with Apex Crypto.” Customers can now “buy and sell a total of… Read More

September 25, 2022 @ 11:47 pm By Omar Faridi  |  

Swedish board evaluation platform BoardClic has raised €1.2 million “to boost next phase of international expansion.” BoardClic, a Swedish SaaS B2B platform for digital board and management team evaluations, has successfully acquired €1.2 million, according to an update shared with CI. The funding will be… Read More

September 25, 2022 @ 6:37 pm By Omar Faridi  |  

Capchase, a provider of non-dilutive financing to SaaS companies, has announced a partnership with Sastrify, the global automated SaaS procurement platform, to offer a “Save Now, Pay Later” program to “high-growth” customers. This program will “enable Sastrify’s customers to extend their runways, cutting their SaaS… Read More

September 25, 2022 @ 5:54 pm By Omar Faridi  |  

MineralTree, a Global Payments (NYSE: GPN) company and Accounts Payable (AP) and payment automation solution provider, recently released its seventh annual State of AP report. For the first time ever, MineralTree expanded its research “to include suppliers, reflecting the growing importance of vendor relationships to… Read More

September 25, 2022 @ 5:19 pm By Omar Faridi  |  

OKX, which claims to be the world’s “second-largest” cryptocurrency exchange, announced the launch of OKX Lite, a simplified version of its trading app that “makes it easy for users to buy, sell, swap and put their crypto to work.” With a more streamlined look and… Read More

September 25, 2022 @ 4:54 pm By Omar Faridi  |  

Lars Seier Christensen, chairman of the Swiss non-profit Concordium Foundation and a global “pioneer” in FX and derivatives trading, has announced further investment in the ecosystem around Concordium Blockchain to the tune of 10 million Euros. Determined to help grow an ecosystem in which he… Read More

September 25, 2022 @ 2:35 pm By Omar Faridi  |  

Account takeover fraud is an alarmingly common type of online crime, which can “affect businesses and individuals alike,” according to an update from SEON. This form of attack tends “to occur when a fraudster poses as an established, genuine client of a business, or as… Read More

September 24, 2022 @ 6:54 pm By Omar Faridi  |  

Bizum has arrived at N26. The online bank has announced that all customers with a Spanish IBAN can now “send, receive and request money through the popular mobile payments solution.” In addition, the online bank’s app will “incorporate the Bizum functionality to pay at partner… Read More

September 24, 2022 @ 4:56 pm By Omar Faridi  |  

London-based start-up Playter is taking the BNPL space “by storm,” as they announce an increase in the amount of funding SMEs can access through their growth platform, “reducing business owners’ burn rates, increasing runway, and freeing up capital.” Up until now, Playter could offer up… Read More

September 24, 2022 @ 12:33 pm By Omar Faridi  |  

Yoko Spirig, Chief Executive Officer & Co-Founder at Ledgy, notes that the firm has raised a $22 million Series B funding round, led by New Enterprise Associates. The company’s CEO added that she’s delighted to share the news and that in the last few months… Read More

September 23, 2022 @ 3:42 pm By JD Alois  |  

Raisin, a European savings optimizer service that also operates in the US, has announced Raisin Crypto with the new offering first being launched in Germany under the Weltsparen brand. Raisin operates in the US under the SaveBetter brand. The Berlin-based Fintech crypto offering is designed… Read More