Global

April 20, 2022 @ 12:50 am By Omar Faridi  |  

If you’re an Indian exporter, then you may need to care about the European market, according to an update from Razorpay. The European Union is reportedly India’s second-largest destination for exports and is India’s third-largest trading partner, “accounting for €62.8 billion worth of trade in… Read More

April 19, 2022 @ 11:14 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) has agreed to acquire UK Fintech Ziglu. In a blog post today, Robinhood said the acquisition is part of its goal to expand internationally in the UK as well as continental Europe. Ziglu is a regulated e-Money institution that operates as a neobank… Read More

April 19, 2022 @ 11:02 pm By Omar Faridi  |  

SoftBank Group Corp.’s Shu Nyatta and Paulo Passoni, two of the managing partners at the SoftBank Group Corp.’s Latin America Fund, recently revealed that they’re leaving to launch their own venture business, which will mainly focus on late-stage startups in the area. As reported by… Read More

April 19, 2022 @ 10:43 pm By Omar Faridi  |  

In addition to financial services, the Aliada Digital Card offers a range of free “basic” assistance, such as a 24-hour online doctor, ambulance service, unlimited online counseling with a psychologist, legal advice and “one-click concierge services,” as well as “all the benefits offered by the… Read More

April 19, 2022 @ 9:49 pm By Omar Faridi  |  

Buy Now, Pay Later (BNPL) is gaining prominence and emerging “as an alternative credit tool for consumers in Australia, with tech-savvy millennials especially using the service,” according to a report from GlobalData, a data and analytics firm. BNPL offers clients with the flexibility or option… Read More

April 19, 2022 @ 5:39 pm By Omar Faridi  |  

ChargeSentry Inc. recently announced support for more than 100 additional payment processors. Until now, ChargeSentry has only offered its automated chargeback response service “to Stripe and PayPal merchants, but due to [steady] demand, they quickly saw a need to extend support to a broader e-commerce… Read More

April 19, 2022 @ 2:59 pm By Omar Faridi  |  

Crypto exchange OKcoin recently announced that clients may now deposit, withdraw, and trade ENS, ZIL, ASTR, and ICX against USD via Okcoin. According to the digital asset exchange, here’s what you need to know about these four crypto tokens. This offer is for all Okcoin… Read More

April 19, 2022 @ 10:09 am By Omar Faridi  |  

Societe Generale (GLE.PA) recently introduced its first acceleration program that’s dedicated to startups linked to Trade Finance, Cash Management, Factoring, and Cash Clearing & Correspondent Banking activities. The Group, a partner of many startups, is launching “a new call for projects to improve the customer… Read More

April 19, 2022 @ 9:25 am By JD Alois  |  

NFT creation platform Mintbase has announced a $7.5 million Seris A round backed by Coinbase Ventures, Libertus Capital, Sino Global Capital, Animoca Brands, Woodstock Fund, Fundamental Labs, and more. Mintbase said it will use some of the funding to offer grants to NFT projects and… Read More

April 19, 2022 @ 8:34 am By Omar Faridi  |  

CipherTrace, a Mastercard Company, has reported a significant increase in the number of payments “made to ransomware groups in 2021.” The growth in this criminal enterprise “is so large that the first six months of 2021 saw payments that matched the whole of 2020.” With… Read More

April 19, 2022 @ 8:30 am By Omar Faridi  |  

Seon, a startup that’s focused on assisting Fintechs like Revolut with addressing online fraud, has secured $94 million in capital, in order to implement various tools for preventing sanctions evasion by Russia. The London-headquartered firm secured the funding via an investment round that was led… Read More

April 19, 2022 @ 7:00 am By JD Alois  |  

Bitfinex Derivatives, part iFinex Financial Technologies Limited, has announced the launch of perpetual contracts for Ethereum Classic (ETCF0:USTF0), Anchor Protocol (ANCF0:USTF0), Waves (WAVESF0:USTF0).  Bitfinex is registered in the British Virgin Islands and US individuals may not utilize its services. In general Bitfinex offers new trading… Read More

April 19, 2022 @ 3:01 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – successfully “closed the real estate project ‘Aurea Home’ in the center of Vilnius, the capital of Lithuania.” The real estate loan of EUR 1 million, “plus an interest rate of EUR 91 647 (total amount of… Read More

April 19, 2022 @ 2:25 am By Omar Faridi  |  

With mobile wallet transactions expected to surge to $708 billion in Europe by 2025, we may  need to simplify the payments process, according to VitraCash. The Fintech firm has launched a smart debit card & app that “selects the best card for every transaction.” With… Read More

April 19, 2022 @ 2:07 am By Omar Faridi  |  

At the end of February, Debitum had introduced Asset-Backed Securities and by doing so, they reportedly became the first platform in all of Europe that has “managed to offer this kind of financial instrument to the retail market.” Therefore, the Debitum team will represent their… Read More

April 19, 2022 @ 1:24 am By Omar Faridi  |  

SpaceBands, which creates software and wearable technology that aims “to make workplaces safer,” has acquired 61% (£153,078) of its £250,000 target from 58 investors (at the time of writing) with 26 days left in the firm’s crowdfunding campaign, carried out via Seedrs. Here are the business… Read More

April 19, 2022 @ 12:21 am By Omar Faridi  |  

beqom, which claims to be leader in Cloud-based compensation management software, recently announced a $300 million strategic investment from Sumeru Equity Partners. beqom’s platform is used “to streamline compensation management processes for Global 5000 customers, supporting mission-critical rewards processes that impact every employee in an… Read More

April 18, 2022 @ 11:22 pm By Omar Faridi  |  

Kpler, a provider of technology-led data, analytics, and market insight, recently announced it has agreed on a “strategic” growth investment led by Five Arrows and Insight Partners. The two firms will “invest over $200 million in Kpler, representing a minority stake in the company.” The… Read More

April 18, 2022 @ 8:01 pm By Omar Faridi  |  

Tech sometimes moves at “a dizzying pace.” When it comes to innovation in financial activities, often referred to as Fintech, the world is “seeing major advances,” according to an update from the IMF. For banks, Fintech “disrupts” core financial services and “pushes them to innovate… Read More

April 18, 2022 @ 7:34 pm By Omar Faridi  |  

Obsidian Security, which claims to be the leader in SaaS Security and Posture Management (SSPM), recently announced $90 million in Series C financing “led by Menlo Ventures, Norwest Venture Partners and IVP, with participation from existing investors Greylock, Wing and GV.” Obsidian, which has now… Read More