Global

May 25, 2022 @ 7:20 am By JD Alois  |  

Buenbit, an Argentinian crypto exchange that also operates in Mexico and Peru, has announced layoffs due to the sagging market. In a series of Tweets, founder Federico Ogue revealed the news. Querida comunidad,Hoy les vengo a contar una noticia que me duele mucho. Dado un… Read More

May 25, 2022 @ 6:00 am By Omar Faridi  |  

Alviere, the embedded finance platform that enables any brand to deliver a full suite of financial products and services to clients, fans, and workers, has announced a partnership with Marqeta (NASDAQ: MQ), the modern card issuing platform. With Alviere’s expansion across Europe, Marqeta will “provide… Read More

May 25, 2022 @ 4:12 am By Omar Faridi  |  

MYPINPAD, an international player in mobile-based payments acceptance and digital authentication solutions, has teamed up with CircleBlue Pay (CBP) and OTP Mobile in a move that will “allow thousands of merchants across Hungary to accept card payments via Tap to Phone technology.” Based in Budapest,… Read More

May 25, 2022 @ 3:11 am By Omar Faridi  |  

Openpay Group Ltd (ASX: OPY) (Openpay / the Company) is pleased to announce the completion of a $18.25 million two-tranche Placement “to accelerate its pathway to profitability in the ANZ business.” ANZ CEO, Dion Appel said: “Openpay ANZ is accelerating its pathway to profitability through… Read More

May 24, 2022 @ 9:07 pm By Omar Faridi  |  

MatchMove, the international embedded finance company, has reportedly acquired digital commerce specialist Shopmatic in a $200 million deal, “creating an end-to-end embedded finance and e-commerce powerhouse.” MatchMove’s platform “provides customisable, fast, secure and regulated embedded financial services, such as banking-in-an-app, powered by APIs, to help… Read More

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

Qonto, the European business finance solution, has announced the launch of its new solution for invoicing. This new solution “simplifies the process of generating, sharing and managing professional and customized invoices directly from the platform.” Whether they are SMEs or freelancers, clients will be able… Read More

May 24, 2022 @ 11:19 am By JD Alois  |  

Klarna, a global online lender in the hot buy now – pay later sector (BNPL) that only recently announced topping 150 million consumers, has issued a stark warning about the current economic environment. Sebastian Siemiatkowski, Klarna’s CEO and co-founder, has shared “bad news” with its… Read More

May 24, 2022 @ 9:12 am By JD Alois  |  

UK-based Previse has raised $18 million in a Series B round that will help it expand its footprint around the world. Previse is an SME working capital platform. The funding was led by Chinese giant Tencent with existing investors Augmentum Fintech and Reefknot participating in… Read More

May 24, 2022 @ 8:43 am By JD Alois  |  

Contagion is a scary term. Systemic risk is its friendlier sibling but both raise eyebrows. Today, the European Central Bank (ECB) is bringing attention to the possibility of crypto contagion as interest grows in digital assets and recent events highlight the ability for a rapid… Read More

May 24, 2022 @ 7:46 am By Omar Faridi  |  

Tranch, a London-headquartered Buy Now Pay :ater (BNPL) platform for SaaS sellers and professional services providers, is ready now to come out of stealth, having secured £3.5 million in capital via a pre-seed equity and debt funding round. The investment round has reportedly been led… Read More

May 24, 2022 @ 7:41 am By Omar Faridi  |  

Binance UK is pleased to confirm their partnership with the UK’s Fintech Founders group, an independent not-for-profit organization representing the United Kingdom’s entrepreneurs and founders in the Fintech industry. As an international “leader” in the crypto-asset sector, Binance is committed “to working with associations and… Read More

May 24, 2022 @ 2:17 am By Omar Faridi  |  

Freetrade, the UK-based stock brokerage app provider, has secured £30 million via a loan agreement in order to boost its financial resources without having to commit to a new valuation for the firm. The FT reports that the announcement comes at a time when startups… Read More

May 24, 2022 @ 1:59 am By Omar Faridi  |  

GreenGrowth, an investments app empowering consumers to invest for a more “sustainable world,” has acquired 77% (£258,568) of its £335,001 target via Seedrs (at the time of writing) from 72 investors with 23 days left in the firm’s crowdfunding campaign. Located in London, United Kingdom,… Read More

May 24, 2022 @ 1:04 am By Omar Faridi  |  

Nomura Holdings, Inc. (NHI) recently announced the creation of a new digital asset company that will “offer institutional clients a comprehensive suite of trading, investor products and investment services.” Due to launch later this year, the new digital asset company will “provide institutional clients and… Read More

May 23, 2022 @ 11:43 am By Omar Faridi  |  

CreamFinance reports that 2021 was a “record-setting” year for the company, “finishing with a €3.4 million net profit – the highest in Group’s history.” It also reports that it continued “to improve on these results during Q1 2022.” CreamFinance has provided the following operational and… Read More

May 23, 2022 @ 9:58 am By JD Alois  |  

Online lender Creditspring has raised £48 million bringing its total raised to date to £70 million. Creditspring did not provide details on the funding nor whether it was debt or equity financing. Creditspring is an FCA-regulated “credit subscription service” that also provides educational tools alongside… Read More

May 23, 2022 @ 9:37 am By Omar Faridi  |  

Digital asset firm Gemini recently noted that they are pleased to confirm support for a new set of crypto tokens. Goldfinch (GFI) is now “available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on [their] Gemini Mobile App and website… Read More

May 23, 2022 @ 8:30 am By Omar Faridi  |  

ePOS Hybrid, which claims to be a “disruptive” SaaS and Fintech platform that delivers “next-gen” automation, digital ordering and ops management solutions to the hospitality F&B industry, has secured 110% (£551,662) of its £500,000 target from 135 investors (at the time of writing) with 22… Read More

May 23, 2022 @ 8:24 am By Omar Faridi  |  

In April 2022, both originations and investment funding grew “strong” and set new highs for the year, according to an extensive update from Bondora. The European lender noted that loan originations “increased by 7.2% to €15,697,955 and investments by 7.3% to €15,548,882.” As mentioned in… Read More

May 23, 2022 @ 1:41 am By Omar Faridi  |  

The partnership will leverage the platform’s machine learning capabilities “to deploy new funding to UK small businesses over a two-year period.” Funding Circle, which claims to be the UK’s largest small business loan platform, and Waterfall, an institutional asset manager, recently announced their lending partnership… Read More