Global

May 5, 2022 @ 7:50 am By Omar Faridi  |  

Deutsche Börse is reportedly expanding the market data offering on its Cloud-powered online analytics platform A7 in order to include historical market data from international derivatives marketplace CME Group. The two companies have reached a licensing agreement, which will allow market participants to test out… Read More

May 4, 2022 @ 10:35 am By JD Alois  |  

EstateGuru, a European investment platform providing access to short-term property-backed loans, has returned to Seedrs once again to raise additional growth capital. According to the offering page, EstateGuru has cruised past its €500,000 initial target, having raised almost €1.2 million as of this writing. EstateGuru… Read More

May 4, 2022 @ 10:08 am By JD Alois  |  

LGT Bank, based in Liechtenstein, has enlisted the assistance of SEBA Bank to provide digital asset trading and custody for Bitcoin and Ethereum. LGT stated in a release, that additional cryptocurrencies will be added going forward, contingent upon client demand. SEBA Bank, based in Switzerland,… Read More

May 4, 2022 @ 9:41 am By JD Alois  |  

Zilch, a UK-based buy now, pay later (BNPL) credit provider, has joined the US-based Financial Technology Association (FTA) in advance of an expansion into the US. According to a note from the FTA, the advocacy group now has 20 Fintechs as members from diverse sectors… Read More

May 4, 2022 @ 9:15 am By JD Alois  |  

Zopa’s “Smart Saver” savings account feature has topped £115 million in 65 days, according to a note from the Fintech. Currently, savers earn 1.455% interest (AER) on these accounts. Zopa’s goal is to create a £225 billion “zombie money” sitting idle in UK current accounts… Read More

May 4, 2022 @ 8:27 am By Omar Faridi  |  

Kevin., a Lithuania -headquartered account-to-account payments Fintech, has acquired $65 million via a Series A round that has been led by Accel. Eurazeo, OTB Ventures, Speedinvest, OpenOcean, Global Paytech Ventures, and a host of angels joined the company’s latest investment round, which has come only… Read More

May 4, 2022 @ 8:25 am By Omar Faridi  |  

Atom Bank is reportedly expanding Portal, which is their next-gen broker gateway- in order to include their Quick Quote tool. As noted in the update, this addition will enable brokers providing secured business loans to self-assess and create an indicative quote within the portal before… Read More

May 4, 2022 @ 8:22 am By Omar Faridi  |  

Leumi ABL, the Asset-Based Lending (ABL) subsidiary of Bank Leumi UK, has introduced a new operating platform on HPD Lendscape’s secured lending tech, in order to transform their invoice discounting and asset-based lending business in the United Kingdom. Lendscape was chosen to support the initiative,… Read More

May 4, 2022 @ 1:03 am By Omar Faridi  |  

Australia-based Hay Group is introducing Shaype in order to redefine what may be possible in financial innovation, Fintech and embedded financial experiences. Since introducing the Hay as a Service (HaaS) product offering back in 2020, the professional team and the platform’s capabilities have reportedly grown… Read More

May 3, 2022 @ 7:07 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) is at least one of the firms that called up the European Commission to complain about Apple (NASDAQ:AAPL) and its Apple Pay offering pushing the competition ministry to pursue possible anti-trust violations, according to a report in Bloomberg. This is not the first… Read More

May 3, 2022 @ 10:12 am By Omar Faridi  |  

Ukraine and Russia lead the list of countries “with higher crypto adoption rates, with 12.73% and nearly 12%, respectively,” according to an update from DappRadar. DeFi transactions in Q1 hit the lowest levels since February 2021, “while the 116 million NFT transactions across all blockchains… Read More

May 3, 2022 @ 8:40 am By Omar Faridi  |  

OKX, which claims to be one of the leading digital currency platforms, has announced a “major” multi-year partnership with McLaren Racing, “becoming the Official Primary Partner of the McLaren Formula 1 Team and McLaren Shadow esports Team from 2022.” The partnership “unites two global brands… Read More

May 3, 2022 @ 8:35 am By Omar Faridi  |  

As the COVID-19 pandemic winds on into its third year, waves of new virus variants continue to “wreak havoc with supply chains,” according to an update from Verifi. Firms responsible for taking goods through each step on the journey “from manufacturing to customers’ doorsteps find… Read More

May 3, 2022 @ 8:32 am By Omar Faridi  |  

The team at Lending Works recently shared their Q1 2022 performance update on their stats page, and they also released their Outcome Statement for 2021. During Q1 2022, Lending Works claims that it focused on “understanding the impact of cost-of-living challenges on [their] active loan… Read More

May 3, 2022 @ 2:27 am By Omar Faridi  |  

PeerBerry business partners are reportedly repaying an additional €0.7 million on war-affected Ukrainian and Russian short-term loans. After today’s repayment, the total amount of repaid war-affected loans in April “will be €3.64 million (significantly more than the planned amount of EUR 1,3 million at the… Read More

May 3, 2022 @ 1:47 am By Omar Faridi  |  

Banking Circle, the “tech-first” Payments Bank focused on enabling “fast” and “low-cost” payments, has expanded its payment provision for Poland “with the addition of local Polish Virtual IBAN accounts for collections.” This means PSPs supporting businesses serving the Polish market can now “provide unlimited Virtual… Read More

May 3, 2022 @ 1:07 am By Omar Faridi  |  

As the EstateGuru team claims to have predicted, the total funded amount in March was “similar to February.” EstateGuru‘s management writes in a blog post that investors “financed €16.7M worth of loans and, despite macroeconomic changes, investor and borrower behavior remains stable.” During March, Estonia… Read More

May 2, 2022 @ 10:37 pm By JD Alois  |  

CounterPointe Sports Group (CSG), the new owner of the French basketball club Elan Béarnais is pursuing a security token offering allowing members of the public to purchase economic rights in a deal described as the first of its kind. The Avalanche blockchain will power the… Read More

May 2, 2022 @ 10:03 pm By JD Alois  |  

Apple (NASDAQ:AAPL) is not just the creator of the ubiquitous iPhone, Mac, iPad, etc., but a growing number of intertwined services and products that are simple to use and work really well. Apple is not really a tech firm, it is an ecosystem that continues… Read More

May 2, 2022 @ 6:04 pm By Omar Faridi  |  

C6 Bank clients are now able to use Samsung Pay in order to make purchases “without the physical card.” C6 Bank customers can now “register their C6, C6 Platinum, C6 Carbon and C6 Business cards in Samsung Pay.” Samsung’s service “allows users to make contactless… Read More