Global

August 17, 2022 @ 10:39 pm By Omar Faridi  |  

Nebeus, the European cryptocurrency app, has announced a partnership with Modulr, the embedded payments platform, “to augment its offering with accounts, real-time payments and Visa cards.” This move makes Nebeus one of the first European companies “to leverage Modulr’s one-stop card issuing solution across the… Read More

August 17, 2022 @ 10:30 pm By Omar Faridi  |  

Digital wealth management platform and broker Scalable Capital has reportedly doubled customer assets during the last 12 months to hit a high water mark of €10 billion in assets under management. The firm, which moved into cryptocurrency trading in December 2021, now claims over 600,000… Read More

August 17, 2022 @ 4:16 pm By JD Alois  |  

Ranqx, a digital lender based in New Zealand, says it has expanded into North America to “fix” the SME credit and lending market. Ranqx says that following its success in the APAC region, it aims to address the small business lending market by providing banks,… Read More

August 17, 2022 @ 1:03 pm By JD Alois  |  

Super Payments Holdings Ltd has raised £22.5 million in an over-subscribed funding round led by Accel. Other investors include Union Square Ventures, LocalGlobe, and a number of angel investors, including Sir Ron Kalifa OBE, Edward Wray (co-founder of Betfair), Peter Jackson (CEO of Flutter), Gokul… Read More

August 17, 2022 @ 10:57 am By Omar Faridi  |  

Robo.cash notes that since the beginning of 2022, P2P investments have increased their share in investor portfolios (considerably more than other assets). At the same time, when planning their future expenses, investors still “trust stocks more,” the team at Robocash wrote in a blog post…. Read More

August 17, 2022 @ 10:32 am By Omar Faridi  |  

Binance is pleased to announce that the firm has “received in-principle approval from the Astana Financial Services Authority (AFSA) to operate a digital asset trading facility and provide custody in the Astana International Financial Center (AIFC).” In-principle approval from AFSA still “requires Binance to complete… Read More

August 16, 2022 @ 6:21 pm By Paolo Ardoino  |  

Inflation continues to rise globally, especially across Latin America where hyperinflation afflicts many countries. Could Bitcoin and the emerging digital token economy be the answer? Across Latin America, a story of inflation and ineffective central bank policy is the order of the day. In Mexico,… Read More

August 16, 2022 @ 4:42 pm By JD Alois  |  

XTAGE, a digital asset trading platform created by Brazilian brokerage XP (Nasdaq: XP), has launched trading of Bitcoin and Ethereum, according to multiple reports. The creation of XTAGE was announced this past May as a collaboration with Nasdaq. At that time, Lucas Rabechini, Director of… Read More

August 16, 2022 @ 3:32 pm By Omar Faridi  |  

Splitit (ASX: SPT) announced Telispire, a wholly owned subsidiary of the National Rural Telecommunications Cooperative (NRTC), has “selected to integrate Splitit’s Installments-as-a-Service into its PHOENIX back office and billing system allowing Telispire’s mobile virtual network operator (MVNO) customers to offer installment payments to its subscribers… Read More

August 16, 2022 @ 11:44 am By JD Alois  |  

Jarvo, a private firm raising capital on Seedrs, is reporting that it hit its £200,000 funding target in just 42 seconds. According to the company, this beats the previous record for the fastest funding round held by digital bank Monzo. That’s a wrap!! 🎉🎉 overfunded… Read More

August 16, 2022 @ 10:25 am By JD Alois  |  

Symbid, one of the earliest European investment crowdfunding platforms, has been acquired by a relatively new provider SeedBlink, according to a company statement. The terms of the deal were not disclosed. SeedBlink did share that they approached around 30 different firms before deciding on acquiring… Read More

August 16, 2022 @ 1:07 am By Omar Faridi  |  

Syfe, which claims to be a leading digital investment platform headquartered in Singapore officially launched in Australia. This is Syfe’s third market “after its launch in Hong Kong last quarter.” In July, Syfe celebrated its third anniversary and “revealed that it had reached a significant… Read More

August 15, 2022 @ 4:19 pm By Omar Faridi  |  

AutoLend is one of Blend Network’s most “popular” features. As explained by UK’s Blend Network, a specialist development finance lender, Autolend is used by many of their investors “to ensure they don’t miss the chance to lend on [their] loans.” Melissa Turnbull from Blend Network’s… Read More

August 15, 2022 @ 8:27 am By Omar Faridi  |  

Andrejus Trofimovas, the CEO of Aventus Group, became a shareholder of PeerBerry. Andrejus Trofimovas acquired “a 50% stake in PeerBerry from former shareholder Igoris Trofimovas, who has been a shareholder of PeerBerry since May 2021.” Andrejus Trofimovas, CEO of Aventus Group, said: “My decision to… Read More

August 14, 2022 @ 11:47 pm By Omar Faridi  |  

Bondora reports that loan origination and investments showed a “solid increase” to €15,333,326 in July. This rebound in statistics was “expected after the slow summer decreases in June.” Bondora also noted that the collection and recovery statistics grew, “exceeding €1 million.” In July, Bonodra welcomed… Read More

August 14, 2022 @ 11:47 pm By Omar Faridi  |  

DelfinGroup, a non-bank consumer lender in Lativa, reports revenue of €8.6 million in the second quarter, “an increase of 46% compared to the same period last year.” The firm has provided the latest operational and financial information: Pre-tax profit “increased by 30% to €1.96 million,… Read More

August 14, 2022 @ 11:01 pm By Omar Faridi  |  

Commonwealth Bank’s venture-scaling division x15ventures is reportedly looking for founders who are focused on the future of payments for its “Xccelerate’ program.” The Xccelerate 2022 program assists early-stage initiatives with better understanding the pathway to working with the CBA and it ends in an Investment… Read More

August 14, 2022 @ 9:27 pm By Omar Faridi  |  

AstroPay, the payment solution of “choice” for users globally, has appointed Sofía Lanza as Chief Banking Officer, as the company “moves forward with its expansion plans into new markets and verticals.” Sofía, who previously served as Chief Corporate Development at AstroPay, will be “responsible for… Read More

August 14, 2022 @ 8:52 pm By Omar Faridi  |  

The Credas team are pleased to announce that Geraint Rogers has joined the company as their new Chief Strategy Officer. Geraint joins Credas from Equifax UK where he “previously held the role of Product Director for Identity, Fraud and Financial Crime.” With almost 30 years… Read More

August 14, 2022 @ 8:51 pm By Omar Faridi  |  

Oak Engage is reportedly deploying NatWest Group with Adaptive Intelligence which went live recently as a way for firms to enhance their digital worker experience. The Newcastle-headquartered intranet technology company, Oak Engage, says that Adaptive Intelligence should assist firms with engaging with their workers more… Read More