Global

We find Fintech news from around the world and share it with you here.

GlobalBlock Says Money Moving Back Into Crypto

After a painful drop where Bitcoin crashed below $30K and many other cryptocurrencies chased it down, GlobalBlock (TSXV:BLOK) sees light at the end of the tunnel – at least for now. Marcus Sotiriou, Analyst for GlobalBlock, operating in the UK has distributed a comment on… Read More

Edinburgh’s Payments Fintech Zumo Appoints Jonathan Sepulchre as Head of Growth

Zumo, the Edinburgh-based crypto wallet and payments platform, recently appointed Jonathan Sepulchre to serve as Head of Growth, a newly-created function “to drive the next stage of the company’s development.” An experienced “growth leader” with a comprehensive background in digital marketing, Jonathan will work closely… Read More

Dublin based Regtech Fenergo Introduces Financial Crime Risk SaaS Solution

Fenergo, the provider of digital solutions for Know Your Customer (KYC) and client lifecycle management (CLM), recently announced the launch of FinCrime Risk. This application programming interface (API)-first software as a service (SaaS) solution will “allow financial institutions to centralize and automate risk assessment processes… Read More

Venture Capital Funding to Irish Technology Firms Increased by 52% to Nearly €380M in Q1: Report

Venture capital funding into Irish tech companies increased by 52% to €379.7 million in the first quarter of 2022, when compared to €249.4 million in same period last year, according to the Irish Venture Capital Association VenturePulse survey published recently in association with William Fry…. Read More

Mercer Appoints Max Messervy as Head of Sustainable Investment, Americas

Mercer, an international leader in “redefining” the world of work, “reshaping” retirement and investment outcomes, and “unlocking real health” and well-being, and a business of Marsh McLennan (NYSE: MMC), has “named Max Messervy Head of Sustainable Investment (SI), Americas.” Max will work across Mercer’s Investment… Read More

CBDCs: Nahmii to Work with Norges Bank on Central Bank Digital Currency Sandbox Project

Nahmii AS are pleased to confirm that they have been chosen to work with Norges Bank (the central bank of Norway) on their upcoming experimental CBDC (central bank digital currency) sandbox project. This “prestigious” award confirms Nahmii AS’s position as “a global leader in the… Read More

Mindtree and Finastra to Provide Managed Services Payments Solutions in the Nordics, the UK, Ireland

Mindtree (NSE: MINDTREE), a global tech services and digital transformation company, and Finastra, a financial technology provider, has announced a partnership to bring Finastra’s Fusion Payments To Go payments technology “to banks in the Nordics, the UK and Ireland, as a managed service.” As part… Read More

Payments Fintech Banking Circle Maintains Steady Growth Trajectory

Banking Circle, the Payments Bank for the “new economy,” is reporting a “significant” uplift in its performance in 2021 as it continues “to help Payments businesses, Banks and Marketplaces access global cross-border payments, accounts and liquidity management that enables their business customers to transact more… Read More

Investor Platform Equito Introduces Crowdfunding Solution to Unlock Financing for SMEs

Cryptix, the Fintech Web 3.0 venture builder, recently announced that it has received regulatory approval to launch Equito – which is described as “a fully regulated, all-in-one investor platform designed to unlock new financing channels for European start-ups and SMEs (small to medium sized enterprises).”… Read More

Temenos Appoints Roman Bartik as President for Americas

Temenos AG (SIX: TEMN) recently announced the appointment of Roman Bartik as President Americas in order to accelerate and scale expansion in the region. Roman will be “responsible for all day-to-day operations, strategy and profitability in North and South America, effective immediately.” Roman joins the… Read More

Experian to Acquire Majority Stake in MOVA, a Fintech Providing Credit Assessment Tech

Experian, the global information services company, is pleased to confirm that it has agreed to acquire MOVA Sociedade de Empréstimo entre Pessoas S.A., a Fintech in Brazil that helps equip any company, including non-banks, “with the expertise and technology to perform data-driven credit assessments of… Read More

Tide and Sage to Build End-to-End Accounting, Tax Solution for SMBs

Tide, the United Kingdom’s business financial platform and Sage, a key player in accounting, financial, HR and payroll technology for small and mid-sized businesses, has announced the “launch of a complete end-to-end accounting and tax solution for small businesses.” In an effort to simplify business… Read More

UK’s Starling Bank Signs Up “Lionesses” for its UEFA Women’s EURO 2022 National Sponsorship

  Starling Bank has launched a campaign that “celebrates” women’s football as part of its national support of the UEFA Women’s EURO 2022 tournament. The ‘Our Time’ campaign highlights the glass ceilings that continue “to be broken for the women’s game, while nodding to Starling’s… Read More

UK Fintech Griffin, a Banking as a Service Provider, Submits Application for Banking Authorization

Griffin, a UK Banking-as-a-Service (BaaS) Fintech, recently announced the completion of a key step in its application for a banking license. Griffin has submitted its application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). John Weguelin, Griffin Chair, stated: “This is… Read More

Sustainability: Impact of Investments Now Visible in ABN AMRO Internet Banking and App

ABN AMRO’s (AMS: ABN) investment clients are now able to see what impact they have made with their investments. The impact was already stated in the quarterly updates clients received, “but is now also visible in internet banking and via app.” As noted in a… Read More

After a Long Wait, BitMEX Launches Spot Exchange

BitMEX, better known for crypto derivatives trading, has launched its anticipated crypto spot exchange. BitMEX stated in a release that spot trading for digital assets is now available for both retail and institutional investors. BitMEX touted its ambition to emerge as a top ten global… Read More

European Marketplace Lender October Shares Steps Toward More Sustainable Activity

A few months ago, October co-founder and Chairman Olivier Goy went on a trip in Antarctica “to shoot a part of the documentary ‘La vie est belle’ (Life is beautiful).” A quick question for you: “what do you think was the highest temperature level ever… Read More

Surfshark Cybercrime Study Reveals Most Victimized Nations; UK, USA and Canada Top 3

Cybercriminals are finding the most victims in the West, according to a study by cybersecurity company Surfshark. The UK tops the list, followed by the US, Canada, Australia, and Greece. Canada had 174 victims per 1M internet users in 2021, roughly eight times less than… Read More

UK’s Blend Network, a Specialist Development Finance Lender, Expands Regional Presence

Following a £10 million equity funding round late last year and a period of “rapid expansion” at Blend Network, the team is now expanding their UK local and regional footprint “with the opening of a number of satellite offices across the UK regions.” In March,… Read More

Insurtech Getsafe Reaches 50K Customer Milestone, Introduces Buildings Insurance in UK

Following its “successful” growth in the British market, Getsafe is expanding its portfolio and “introducing its digital buildings and contents home insurance product.” As noted in an update shared with CI, the new product “bears much of the DNA which has made Getsafe so popular… Read More

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