Global

June 8, 2022 @ 7:19 am By Omar Faridi  |  

Zibble, a long term property rental marketplace for renters, landlords and property contractors, has raised 101% (£80,950) of its £80,000 target from 154 investors through its crowdfunding campaign, carried out via Seedrs (with 2 days left in the sale). Located in the United Kingdom, Zibble… Read More

June 8, 2022 @ 7:00 am By JD Alois  |  

Crypto back-office platform Cryptio has raised a $10 million Series A funding round, according to the company. Point Nine led the funding, along with early investors Chainalysis, Revolut and Zendesk. Other investors include: BlueYard, Alven, Coinshares, Avantgarde Finance, Protocol Labs, and Draper Associates. Senior executives… Read More

June 8, 2022 @ 12:34 am By Omar Faridi  |  

CaixaBank, which claims to be Spain’s “leading” financial institution, has launched FXNow, its online platform that enables customers to trade currencies “in real time, quickly, securely and without intermediaries, in Morocco.” With the launch, CaixaBank claims it has become “the only Spanish bank in Morocco… Read More

June 7, 2022 @ 11:29 pm By Omar Faridi  |  

Fiinu has confirmed the appointment of new members to its Senior Leadership Team. Chris Sweeney, Philip Tansey, Huw Evans and Wan Chuen Lau all join the firm in anticipation of Bank of England (BoE) authorization of its bank license application. Fiinu posted on its website… Read More

June 7, 2022 @ 10:12 pm By Omar Faridi  |  

Last year, Commonwealth Bank of Australia set itself the “aggressive” recruitment target of appointing 100 new engineers each month in a bid “to help the bank deliver against its strategy of providing global best digital experiences to customers.” Less than 12 months later and the… Read More

June 7, 2022 @ 1:20 pm By Omar Faridi  |  

NatWest announced that it is working cooperatively with Accenture (NYSE: ACN) and Microsoft (NASDAQ: MSFT) in order to build an innovative client engagement platform that will aim to replace its multi-system, legacy frontline architecture. As mentioned in the update, the platform will aim to integrate… Read More

June 7, 2022 @ 1:18 pm By Omar Faridi  |  

ANZ recently announced its Australian and New Zealand based employees who are affirming their gender will be able “to access six weeks of paid leave, and up to 12 months’ unpaid leave.” The newly created Gender Affirmation Leave will support staff as they “undergo any… Read More

June 7, 2022 @ 12:44 pm By Omar Faridi  |  

Hong Kong-headquartered Allinfra, which is assisting institutions with meeting sustainability goals, has acquired $6 million in capital. The firm’s investment round has reportedly been led by international financial services group Nomura. Other investors in the round have not been named, however, the raise included new… Read More

June 7, 2022 @ 12:02 pm By Omar Faridi  |  

Westpac has launched Westpac DataX, a data analytics offering that will “enable faster, data-backed decision making for [their] largest clients.” Using de-identified credit card data from over six million daily card transactions, Westpac DataX “enables self-serve analytics for our clients so they can embed insights… Read More

June 7, 2022 @ 11:31 am By JD Alois  |  

Yesterday, during Apple’s (NASDAQ:AAPL) annual WWDC keynote, Apple announced an entry into the buy now – pay later (BNPL) sector of Fintech. Under Apple Pay Later, iPhone users may choose to pay over time without any additional fees or interest charges. Apple already allows purchases… Read More

June 7, 2022 @ 10:22 am By JD Alois  |  

Open Banking provider TrueLayer has been selected by CMC Markets to enhance client payments in the UK and Europe. CMC Markets is a trading platform with offices around the world and more than 300,000 clients. Users may trade forex, indices, commodities, shares and treasuries through contracts… Read More

June 7, 2022 @ 10:05 am By JD Alois  |  

Trust Payments has announced a multi-year partnership with Feedzai, a “RiskOps platform for financial risk management.” According to a release, by using Feedzai, Trust Payments’ customers will benefit from an advanced cloud-based risk management platform, powered by machine learning and artificial intelligence. Daniel Holden, Group… Read More

June 7, 2022 @ 9:57 am By Omar Faridi  |  

Nationwide Building Society has reportedly extended its commitment to protect physical branch locations in cities and towns across the United Kingdom for at least another year as part of ongoing efforts to assist households amid the unprecedented rise in cost-of-living. The mutual lender stated that… Read More

June 7, 2022 @ 9:50 am By JD Alois  |  

Open banking platform Tink has signed a strategic partnership for open banking technology with Revolut, a popular neobank. Tink’s payment initiation services (PIS) technology is expected to allow Revolut users across Europe to easily move money into their Revolut accounts. PIS enables users to connect… Read More

June 7, 2022 @ 9:13 am By JD Alois  |  

Marqeta (NASDAQ: MQ) is being utilized by Western Union (NYSE:WU) to boost its “next-generation real-time multi-currency digital wallet and digital banking platform in Europe.” Marqeta’s card issuing platform is said to allow Western Union’s remittance service to be offered online, with funds disbursed to a… Read More

June 7, 2022 @ 8:05 am By Omar Faridi  |  

Trovata, a US-based firm focused on automating cash reporting and forecasting via wholesale, multi-bank API data aggregation, is preparing to launch operations in the United Kingdom on the back of a $27 million round. As noted by Sky News, Trovata, which maintains head offices in… Read More

June 7, 2022 @ 8:03 am By Omar Faridi  |  

Dutch startup Fung has reportedly acquired $2.7 million in capital via a pre-seed round for its goal of unifying cryptocurrency and fiat payment channels. Fung’s investment round has been co-led by Global Founders Capital, Kingsway Capital, Kindred Capital, and Karatage. Fung’s management noted that they… Read More

June 7, 2022 @ 7:59 am By Omar Faridi  |  

With Aiia’s new payment feature, Pay by link, it’s easier to provide “seamless” payments for businesses and consumers in whatever fashion the payer prefers – “whether that’s by email, pdf, SMS, letter or even in a social media chat.” The feature is set “to empower… Read More

June 7, 2022 @ 3:00 am By JD Alois  |  

Dutch Fintech Modulr has launched its real-time Euro payments service, based on the real-time pan European SEPA Instant scheme. The Single Euro Payments Area (SEPA) allows customers to make cashless Euro payments to anywhere in the EU, as well as a number of non-EU countries… Read More

June 7, 2022 @ 1:07 am By Omar Faridi  |  

Pennyworth, an AI-powered private bank for the “aspiring” affluent, has secured 103% (£619,023) of its £600,000 target from 241 investors (with 15 days left in the firm’s crowdfunding campaign) via Seedrs. Located in the United Kingdom, Pennyworth operates in the Finance & Payments sectors (Digital B2C)…. Read More