Global

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

Capitolis Prepares for Ongoing Growth with Key Appointments Across the Business

Capitolis, the tech company reimagining capital markets, recently announced that it has grown its employee base by 50% “versus the same period last year as the company continues growing and scaling the business to meet customer demands and ongoing opportunities to innovate.” The investment in… Read More

LHV Group to Invest in Fintech Modular Technologies

LHV Group will reportedly be making an investment worth €1 million in the Estonian financial tech company Modular Technologies OÜ, trademark ‘Tuum’. The firm is developing a new generation banking platform that “offers the core system also to LHV UK Limited, a subsidiary of LHV… Read More

Confederation of British Industry Looks to Boost Fintech Utilization: A Key Opportunity for UK Economy

‘Winning with Fintech’ The Confederation of British Industry (CBI) has called out Fintech as a key opportunity for the UK economy. In a speech today, CBI President Lord Bilimoria announced a new campaign to encourage more people to utilize Fintech and help boost the future… Read More

Security Report Reveals Fraudsters Passed “Knowledge Based” Authentication Questions 92% of the Time

Pindrop, which claims to be an international leader in voice tech, recently shared its annual Voice Intelligence & Security Report “uncovering how companies might be accidentally inviting fraud, threat mongers from the dark web and bad actors better prepared to pass authentication.” As noted in… Read More

Digital Banking Platform N26 Explains Why it May Have to Block Certain Accounts

Every banking platform has an “important” duty to combat financial crime, and N26 claims that it is “no different.” As a fully-regulated bank, this is “not just a responsibility, but a legal requirement for [them] to do so,” the N26 team noted in a blog… Read More

London’s Britannia Financial Group Acquires Alphaplate, a Firm Focused on Crypto Trading

Britannia Financial Group, a global financial services group with head offices in London, is pleased to confirm the acquisition of Alphaplate Ltd, a proprietary tech firm “specializing in cryptocurrency trading.” Alphaplate was established in 2017 and is “a systematic, quantitative market-maker predominately on top tier… Read More

Finastra Appoints Isabel Fernandez to Support Lending Business Growth

Finastra has confirmed the appointment of Isabel Fernandez, a “highly” regarded senior banking and technology executive, “to the role of EVP for the company’s Lending Business Unit, effective May 2022.” Isabel will be “part of Finastra’s recently expanded leadership team as the company pivots to… Read More

ePayments Teams Up with Alchemy Pay for Australian, New Zealand Crypto Payments

Fiat-crypto payments provider, Alchemy Pay (ACH), has teamed up with merchant payment provider, ePayments, in order to provide cryptocurrency payments and services in New Zealand and Australia. ePayments will integrate with Alchemy Pay “to provide to their merchants with crypto payment acceptance, as well as… Read More

Marcus New: CEO at Pre-IPO Marketplace InvestX Reveals Why Many Private Companies Are Avoiding Going Public

We recently caught up with Marcus New, CEO and Founder of pre-IPO marketplace InvestX. InvestX delivers access, liquidity, and innovation to the private equity asset class via investments in late-stage private equity on a  trading platform, InvestX GEM. InvestX aims to empower broker-dealers and advisors… Read More

Skyflow Teams Up with Plaid to Help Fintechs “Prioritize” Privacy, Global Data Protection

Skyflow recently announced a partnership with Plaid, a data network that powers the tools millions of people “rely on to live healthier financial lives.” The partnership will make it easier for developers “to build applications with data privacy infrastructure via a simple API.” This brings… Read More

Regtech Tintra, which is Building Web 3.0 Banking Platform, Announces Latest Share Issue Details

Tintra PLC, the Regtech firm building a global, borderless banking infrastructure to democratize payments for emerging markets, recently announced share issue details of the “latest receipt of a $2 million private funding round, valuing the company, in the private market at least, at $100 million,… Read More

Binance Appoints Former FINRA Regulator Seth Levy as Head of Market Surveillance

The team at digital assets firm Binance recently noted that they are pleased to announce the appointment of Seth Levy, formerly from Citadel LLC and the Financial Industry Regulatory Authority (FINRA), “as Binance’s Head of Market Surveillance.” Seth will be responsible for overseeing efforts “to… Read More

Digital Assets: ETC Group Introduces XRP-backed ETC on Xetra

ETC Group has reportedly added an XRP backed investment product to its expanding digital assets portfolio of Exchange Traded Cryptocurrencies (ETCs) in Europe “which include BTCE, the world’s most traded crypto Exchange Traded Product (ETP).” ETC Group, which claims to be one of Europe’s leading… Read More

Payments Fintech Gr4vy Simplifies Global Expansion for Merchants with Key Payment Partnerships

Gr4vy, a Cloud-native payments company, recently announced new partnerships with Boku and EBANX to quickly give merchants access to local payment methods “in new geographies.” These partnerships will fuel international growth and revenue “while reducing risk, resource burden and the overall total cost of ownership.”… Read More

UK Fintech Lightyear Introduces Limit Orders, Auto Conversions, Exportable Activity Statements

Fintech firm Lightyear, which launched in the UK last year, recently announced the addition of new features: limit orders, auto conversions and exportable activity statements. Lightyear has also “formally appointed two of its seed investors as advisors, Wander Rutgers and Joe Cross.” Lightyear, founded by… Read More

Australian Fintech Firm Archa Finalizes $24M Round

Australian Fintech firm, Archa, recently confirmed that it finalized its pre-Series A round,  securing $24 million in a mix of debt and equity in order to support ongoing growth and further product development. CEO and Founder of Wisr, Anthony Nantes, reportedly led the Fintech company’s investment… Read More

Funding Circle founder Samir Desai Acquires $30M in Funding for Fintech Super Payments

Funding Circle founder Samir Desai has reportedly secured $30 million in funding from key investors such as Accel and Local Globe in order to support the roll-out of Super Payments, a newly-established Fintech venture, Sky News reported. A co-founder of Funding Circle, one of the… Read More

Crowdcube Approved by Spanish Regulators as ECSP, Starts Offering Crowdfunded Securities Across the EU

Crowdcube has become the first investment crowdfunding platform to be approved under the new European Crowdfunding Service Provider Rules (ECSPR) that went into effect in November of 2021. Crowdcube, a platform that has long operated a subsidiary in Spain, received approval from the Spanish regulator… Read More

MyInvestor Aims to Position Itself as Major European Fintech, Reports Steady Growth

Neobank MyInvestor has reportedly reached €2 billion in volume, which “doubles the 1 billion euros registered in March 2021, consolidating its position as the largest Spanish fintech by volume.” Now serving more than 110,000 customers, MyInvestor also has “an investment balance (funds, plans and portfolios)… Read More

Giesecke+Devrient Partners with Patch on Digital Carbon Marketplace

Germany-based Giesecke+Devrient (G+D) has partnered with Patch, a digital carbon credit marketplace, to provide bank customers with a payment solution. In a release, G+D said the partnership is an expansion of its ecosystem of eco-innovative partnerships that supports banks and Fintechs in their sustainability strategies…. Read More

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