Global

March 9, 2022 @ 7:13 am By Omar Faridi  |  

Blend Network recently released its first annual Predictions in Development Finance report. Set out in this report is an analysis of “the challenges and obstacles, but also the opportunities within the market,” the team at Blend Network noted in a blog psst. The development finance… Read More

March 9, 2022 @ 7:12 am By Tony Zerucha  |  

moomoo, a digital financial service platform, this week announced its official launch in Australia, providing professional-grade online share trading to Australian investors. This marks the third international market where the company operates, after its successful launch in Singapore in 2021 and the United States in… Read More

March 9, 2022 @ 7:10 am By Omar Faridi  |  

BankiFi, the Manchester-headquartered technology firm focused on putting banks at “the heart” of business, has announced that it joined Visa Fintech Partner Connect in Europe – a program that assists Visa`s customers with offering the next-gen of virtual banking solutions. The partner program mainly focuses… Read More

March 9, 2022 @ 7:00 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced that Citi Commercial Cards (NYSE:C) has selected its tokenization-as-a-service offering to facilitate the provisioning of cards into mobile wallets. Marqeta is a digital/physical card issuing platform that integrates with digital wallets enabling additional features and services. In recent years, virtual… Read More

March 8, 2022 @ 8:40 pm By Omar Faridi  |  

Optiver Principal Strategic Investments (PSI) confirmed, earlier last month, that it took part in the Series A funding round for Paradigm, a trading platform for cryptocurrency options and futures. New York-based Paradigm is focused on supporting institutional-level liquidity for cryptocurrency derivatives through their chat-based multi-dealer… Read More

March 8, 2022 @ 7:35 pm By Tony Zerucha  |  

Crypto platform Wirex has partnered with DEX aggregator Paraswap, the companies announced today. Using Paraswap’s price algorithm, Wirex Wallet users will now be able to exchange multiple tokens, saving users large amounts of money and effort. The Paraswap integration will enable users to swap their… Read More

March 8, 2022 @ 5:24 pm By Omar Faridi  |  

The team at Capchase asks if you have been looking into more alternative financing firms and if so, then you are not alone. This, as the financing market is evolving “to include players beyond traditional banks.” At Capchase, they receive many questions about alternative financing… Read More

March 8, 2022 @ 3:52 pm By Omar Faridi  |  

Epicor, a global firm focused on industry-specific enterprise software to support business growth, recently revealed that it acquired Grow Inc., a no-code, full-stack business intelligence platform that empowers users – “from the boardroom to the plant floor, warehouse, or store – to make data-driven decisions… Read More

March 8, 2022 @ 3:29 pm By Omar Faridi  |  

Former Ukrainian boxer Wladimir Klitschko and artist WhIsBe have teamed up to launch NFTs in support of Ukraine “amidst an unprecedented crisis in the country, NFT creative agency Metacurio announced.” All proceeds will reportedly “go to Red Cross Ukraine and UNICEF, ensuring that funds from… Read More

March 8, 2022 @ 2:41 pm By Tony Zerucha  |  

Nine per cent of smartphone users in the United Kingdom, as many as 5.7 million people, have fallen victim to identity fraud in the last 12 months, according to research by digital identity firm GBG. GBG’s State of Digital Identity Report 2022 reveals young adults aged… Read More

March 8, 2022 @ 10:53 am By Omar Faridi  |  

February has seen “a number of regulatory updates,” as well as more reports of growth within the UK Fintech sector, the team at Banking Circle noted. At Banking Circle, they released their new whitepaper, ‘Payments without Barriers: Focus on Denmark’, examining “the potential from improved… Read More

March 8, 2022 @ 10:45 am By JD Alois  |  

Yesterday, FinCEN, the enforcement branch of the US Department of Treasury, posted an Alert on “Increased Vigilance for Potential Russian Sanctions Evasion Attempts.” Russia, along with Belarus, have been targeted with economic sanctions designed to pressure these countries following the unprovoked invasion of Ukraine. FinCEN… Read More

March 8, 2022 @ 10:34 am By JD Alois  |  

Avalanche has announced the Avalanche Multiverse, a project designed to support blockchain-enabled gaming, DeFi, NFTs, and more. Avalanche is a speedy blockchain alternative that solves existing problems in legacy networks like Ethereum.  Because of its superior performance it has seen solid growth. In a blog… Read More

March 8, 2022 @ 10:18 am By Omar Faridi  |  

The team at PensionBee notes that February was, in many ways, “a continuation of January’s rocky start to the year.” Stock markets continued to fall “as a result of rising inflation, rising interest rates and a generally weaker economic outlook.” However, Russia’s unprovoked invasion of… Read More

March 8, 2022 @ 9:14 am By JD Alois  |  

Multiple reports are claiming that the White House will issue an Executive Order on cryptocurrency at some point this week. The news follows days of concern from some policymakers that Russia and its elites may leverage crypto to evade the growing list of economic sanctions…. Read More

March 8, 2022 @ 8:30 am By JD Alois  |  

FOLK2FOLK, a peer-to-peer lender that aims to provide access to capital for UK SMEs, says it anticipates a £1.98 million profit for its 2021 fiscal year approximately 2X versus the year prior. Subject to audit, this is expected to be the company’s largest annual profit… Read More

March 8, 2022 @ 8:21 am By Omar Faridi  |  

European lender Mintos has posted its monthly publication that offers an overview of what’s been happening on the platform, “including recent investor activity, educational topics, and more.” Here are the main takeaways: Investors are now “able to donate to help the people in Ukraine and… Read More

March 8, 2022 @ 8:14 am By Omar Faridi  |  

Venture capitalists’ enthusiasm or eagerness to invest in Fintech platforms, which ranked as one of the most active industry segments for startup investments in 2021, is showing signs of slowing down. During the last few weeks, a total of 51 Fintech firms secured a total… Read More

March 8, 2022 @ 1:07 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) has reportedly joined other global financial institutions, consulting and technology companies to accelerate “disruptive” Fintech, Insurtech, Regtech and Deeptech innovations and “empower collaborations.” Via this partnership, Microsoft aims to “contribute to F10’s ecosystem to foster the exchange with FinTech startups around the… Read More

March 7, 2022 @ 11:58 pm By Omar Faridi  |  

Jurisdictions under increased monitoring are “actively working” with the Financial Action Task Force (FATF) to address “strategic deficiencies” in their regimes in order to counter money laundering, terrorist financing, and proliferation financing. When the FATF places a jurisdiction under increased monitoring, it “means the country… Read More