Global

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

Conjura Finalizes €15M Series A to “Pioneer” Future of Digital Commerce with AI enhanced Analytics

Conjura, which claims to be the leading e-commerce data analytics platform, recently announced that it secured €15 million in Series A funding. The investment round was co-led by Act Venture Capital and MiddleGame Ventures, along with contributions from Tribal VC. Conjura will use the capital… Read More

Fiserv Accelerates Open Finance, Enables Collaboration Among Fintechs with AppMarket

Financial institutions can access a “curated” set of Fintech solutions that can help them reach new customers, “operate more efficiently” and compete “more effectively” via the launch of AppMarket from Fiserv (NASDAQ: FISV), an international provider of payments and financial services tech solutions. The Fintech… Read More

Fintech Insights Report for Q1 from FT Partners Says It’s Set to be Another Record Year for Fintechs

FT Partners recently shared their Q1 2022 Fintech Insights Report. As noted in the update from FT Partners, it has been a record year for financing in Fintech. The firm is internationally known for its expertise in the Fintech industry. FT Partners has associations with… Read More

FTX.COM Chooses Eventus for International Trade Surveillance, Risk Monitoring

Eventus, which claims to be a leading international provider of multi-asset class trade surveillance and market risk solutions, and FTX.COM, a global cryptocurrency exchange, announced that FTX has contracted with Eventus “to deploy the firm’s Validus platform for trade surveillance and risk monitoring on all… Read More

Permission.io Set to Migrate to Polygon Network to Scale Web 3.0 Advertising

Permission.io, which claims to be the “leading” provider of permission-based Web3 advertising, announced that it’s migrating away from its own proprietary blockchain to Polygon, the “preeminent” Ethereum scaling solution with over 100 million “unique users.” The migration is the company’s first in “a series of… Read More

Embedded Finance: Sonovate Offers New Platform

Digital lender Sonovate, a firm that provides invoice finance and technology services, has announced a new embedded finance offering providing cloud-based, lending APIs. Sonovate states that its “enterprise-grade” invoice platform can provide instant funding decisions, increased automation, enhanced reporting, and more for businesses that utilize… Read More

UK Fintech TrueLayer Introduces New Payment Options with VRP API for Sweeping, Non-Sweeping

TrueLayer, which claims to be Europe’s leading Open Banking platform, has reinforced its reputation as an “industry innovator,” with the availability of its unique Variable Recurring Payments (VRP) API for sweeping and non-sweeping, “changing the way customers make and manage ecommerce payments, subscriptions, utility bills… Read More

Gibraltar Adds New Digital Asset Legislation, Aims to Set Standard on “Market Integrity”

HM Government of Gibraltar has published new regulations aiming to set a standard for market integrity in the digital asset sector.  The goal is to the prevention of market manipulation and insider trading as well as additional disclosure and outlined trading standards. According to a… Read More

Grayscale Investments Is Looking at Expanding into European Market for Digital Asset Funds

Grayscale Investments, which oversees the $30 billion+ Grayscale Bitcoin Trust (GBTC), is reportedly looking at further expanding into the European market for digital asset funds. Grayscale will be meeting with various partners in order to discuss matters related to entering the European markets, according to… Read More

London based Professional Nick Garrow Joins Trading Technologies as EVP Multi-Asset and Buy Side

Trading Technologies International, Inc. (TT), an international provider of “high-performance” professional trading software, infrastructure and data solutions, recently announced that London-based industry veteran Nick Garrow has joined the firm in the new position of EVP Multi-Asset & Buy Side. Garrow has over 20 years of… Read More

Australia’s Westpac Penalized $113M After Several Major ASIC Legal Actions

The Federal Court in Australia has reportedly ordered Westpac to pay penalties in the amount of $113 million “for widespread compliance failures across multiple businesses, including Westpac’s banking, superannuation, wealth management and insurance brands.” Justice Beach recently handed down his decision “in the last of… Read More

Starling Bank Raises £130 Million at £2.5 Billion Valuation

Starling Bank, a top digital bank operating in the UK, has raised more money. According to multiple reports, Starling has raised £130 million at a £2.5 billion valuation. It was reported that Starling may use some of the new money to target acquisitions to complement… Read More

Bug Bounty, Vulnerability Platform Intigriti Raises €21 Million Series B

Intigriti, a bug bounty and vulnerability disclosure platform, has raised €21,133,700 million in a Series B funding round, according to a company statement. The funding was led by Octopus Ventures, along with the Germany-based fund EnBW New Ventures. Previous investors and Intigriti’s largest shareholder, ETF… Read More

Mastercard Introduces Identity Tech with Microsoft to Help Consumers Transact Online

Mastercard (NYSE: MA) recently announced the launch of an “enhanced” identity solution designed to improve the online shopping experience and “tackle digital fraud” in a new collaboration with Microsoft Corp. (NASDAQ: MSFT). Now more than ever, delivering a “frictionless” shopping experience is critical “as retailers… Read More

Crypto Set to Overtake Traditional Investments in Coming Decade: Bitstamp Report

A survey from international digital currency exchange Bitstamp has found that investors “overwhelmingly” believe that “crypto will overtake many traditional investment vehicles and see universal adoption.” The findings from the first Bitstamp Crypto Pulse survey — “a comprehensive barometer of trust and adoption in crypto”… Read More

StonePay, a Fintech App for Building Your B2B Business Reputations, Acquires £321,998 via Seedrs

StonePay, which is an app for building and sharing your B2B Business Reputation, has acquired 107% (£321,998) of its £300,000 target from 127 investors (at the time of writing) via Seedrs with 1 day left in the company’s crowdfunding campaign. Here are the key business… Read More

Retail Banking Report: Incumbents Must Embrace Data-Centric Capabilities to Support Personalized User Experiences

Retail banks are currently “lagging” in their ability to offer “true” omnichannel experiences, as customers pivot to competitors that “offer more personalized experiences.” This, according to the latest World Retail Banking Report 2022 (WRBR) released by Capgemini and Efma. As noted in the update, 75%… Read More

Digital Transactions: Consumers Increasingly Concerned About Security of Online Platforms, Survey Reveals

  The Experian Global Insights Report reveals that digital online spending will continue “to gain strength even as consumers emerge from lockdown and return to in-person transactions.” As noted in an update shared with CI, consumers are also “engaging with digital payments as much as… Read More

UK’s Greg Rowe Ltd Selects PCI Pal to Provide Secure Payment Solution

UK based Greg Rowe Limited, which has designed and manufactured multi-functional kitchen taps for 50+ years, including the “unique” four-in-one QETTLE, has upgraded its contact center and payment security technology “to handle an increase in call and payment volumes to the company’s customer service team.”… Read More

Answer Pay Makes New Appointments to Support Request to Pay Growth Opportunity

Payments as a service provider, Answer Pay, has reportedly made key appointments to bolster its plans “to support the growth of Request to Pay across Europe.” Following on from the recent award of grant funding from the UK government’s Department for International Trade and its… Read More

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