Global

July 16, 2022 @ 4:19 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is expanding its Start Path startup engagement program to include seven early and late-stage startups “hailing from the United States, Canada and Latin America.” Carbon Neutral Club, Guava, oneKIN, Palla, SUMA Wealth, Truora and Yunit are the newest Start Path companies that… Read More

July 16, 2022 @ 3:33 pm By Omar Faridi  |  

Investing money and paying with the investment at any time, “free of charge?” It is now possible, according to an update shared with CI. Berlin-based startup, UnitPlus, has launched (what it claims to be) the world’s first ETF investment product “with a seamlessly integrated payment… Read More

July 16, 2022 @ 12:06 pm By Omar Faridi  |  

Virgin Money, the high-street bank, is teaming up with Superscript, the Insurtech startup, in order to offer its business banking clients with customizable, flexible, subscription-based business insurance. Superscript will reportedly serve as the business insurance provider via Virgin Money’s online marketplace, where their business banking… Read More

July 16, 2022 @ 10:29 am By Omar Faridi  |  

CIBC Innovation Banking recently announced £40 million of growth financing for London-based Smart, a retirement tech provider. Smart will use the capital “to expand its market growth, accelerate the launch of strategic products, and undertake acquisitions.” Smart launched in 2015 with the goal of “making… Read More

July 15, 2022 @ 4:11 pm By JD Alois  |  

Avolta, a French boutique investment bank that is active in the venture space in Europe, has published a report on French tech funding reporting that Q2 2022 is the 3rd best quarter for funding ever. While certain markets are sagging, due to the rocky economy,… Read More

July 15, 2022 @ 2:59 pm By Omar Faridi  |  

Roxe, a blockchain infrastructure company that is powering the next generation of payments and digital commerce solutions, announced the launch of its Roxe Payment Protocol (RPP) USD/EUR, USD/GBP and USD/PHP (Philippine peso) liquidity pools, which is reportedly one of the first set of DeFi liquidity… Read More

July 15, 2022 @ 10:15 am By JD Alois  |  

  Mixer usage, platforms that enable crypto holders to scrub their digital assets in an attempt to cover their tracks, is at an all-time high, according to a report posted by Chainalysis. As most blockchain transactions are publicly available, sophisticated observers can trace every transaction…. Read More

July 15, 2022 @ 9:46 am By Omar Faridi  |  

TIFIN, a Fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, announced its initial launch into international markets through the acquisition on SharingAlpha, a community of over 15,000 professional fund investors and analysts “located throughout the world, but… Read More

July 15, 2022 @ 8:11 am By Omar Faridi  |  

Investment platform Lightyear has announced a $25M Series A equity round “led by Lightspeed Venture Partners.” The company’s seed investors, Mosaic Ventures, Taavet+Sten and Metaplanet also took part in the investment round “alongside a number of new and existing angel investors.” Joining Lightspeed in this… Read More

July 15, 2022 @ 8:09 am By Omar Faridi  |  

An increasing number of people – 16% of US adults – are using cryptocurrencies, such as Bitcoin and Ethereum, “through digital asset exchanges for investments, value exchange, asset tokenization, and more,” according to an update from Fintech Plaid. With crypto becoming mainstream, Plaid has “seen… Read More

July 14, 2022 @ 9:52 pm By JD Alois  |  

In a speech delivered early today by the Financial Conduct Authority Chief Executive Nikhil Ratha, the top UK regulator addressed the future of regulation. Of course, the digitization of financial services, including crypto assets was in the mix. Ratha noted that the FCA has invested… Read More

July 14, 2022 @ 6:27 pm By Omar Faridi  |  

Tradeteq, the tech provider for illiquid credit distribution, has introduced Tradeteq Access Lite, which is reportedly the “first-ever” marketplace for buy-side investors “to participate in the secondary trading of trade finance assets.’ More than 40 members of the Trade Finance Distribution Initiative (TFDi), the industry-led… Read More

July 14, 2022 @ 5:07 pm By Omar Faridi  |  

Sygnum has strengthened its core tech leadership team and digital transformation capabilities with the addition of key executives to its Board of Directors, Fernando Luis Vázquez Cao, CEO of SBI Digital Asset Holdings, and Al-Noor Ramji, Tata Motors board member and former Prudential Chief Digital… Read More

July 14, 2022 @ 4:05 pm By Omar Faridi  |  

Global Primex, a “privacy-first” payments company specializing in secure digital payment solutions for merchants and consumers, announced the launch of its payment platform VLoad in partnership with New York-based Metropolitan Commercial Bank (NYSE: MCB). VLoad is an online payment method that provides privacy and security… Read More

July 14, 2022 @ 3:19 pm By Omar Faridi  |  

A new partnership between global branded payments provider, Blackhawk Network, and global retail bank, payments, and shopping service, Klarna, will extend the ability for consumers “to use Klarna’s interest-free alternative payment solutions at a variety of physical retail locations.” As consumers expect increased flexibility in… Read More

July 14, 2022 @ 2:28 pm By Omar Faridi  |  

Monneo, the end-to-end payment ecosystem provider, claims that it’s leading the way for Banking as a Service (BaaS) as it introduces a new API. Monneo’s BaaS partners and customers may take advantage of the complete range of payments and transaction services, and also benefit from… Read More

July 14, 2022 @ 1:18 pm By Omar Faridi  |  

TrueLayer, which claims to be Europe’s leading open banking platform, announced that the innovative credit firm Tymit is delivering “an enhanced experience through instant bank payments for its Credit and Booster customers.” Tymit was founded as “a flexible approach to financing purchases and managing a… Read More

July 14, 2022 @ 12:18 pm By JD Alois  |  

RIDE Capital has raised €3 million tobe come a digital privat3e bank. The funding was led by Lea-Sophie Cramer, Verena Pausder, and angel investor and professional football player Mario Götze.  RIDE reports that it has raised a total of €8 million since its foundation. RIDE… Read More

July 14, 2022 @ 10:08 am By JD Alois  |  

Bitfinex is reporting that it will donate 36 Bitcoin (BTC) and US$600,000 Tether tokens (USDt) to help small businesses and communities in El Salvador. Bitfinex added that this is part of the crypto exchange’s continued support for the country. Bitfinex said they are working with… Read More

July 14, 2022 @ 9:54 am By JD Alois  |  

Innovate Finance will revisit its video series with BBC.com. First launched in 2020, Innovate Finance produced 33 short video productions covering Fintech. Innovate Finance is a leading voice advocating on behalf of the Fintech industry in the UK, with most Fintechs being members of the… Read More