Global

February 25, 2022 @ 6:10 pm By Omar Faridi  |  

Croatian P2P lender Robo.cash turned 5 years old, according to an update posted on February 22, 2022. As mentioned in a blog post by Robocash: “During this seemingly not so long period we have managed a lot. And there is more ahead of us.” CEO… Read More

February 25, 2022 @ 4:55 pm By Omar Faridi  |  

James Butterfill and Christopher Bendiksen from CoinShares have noted in a blog post dated February 24, 2022 that Bitcoin had an “immediate” price response to the Ukraine invasion when the news broke early this morning. According to the CoinShares researchers, it has become evident that,… Read More

February 25, 2022 @ 4:52 pm By Tony Zerucha  |  

Finary, a French fintech that allows its users to track all of their assets on a single platform, this week announced an €8 million Series A round which was supported by Speedinvest and Y Combinator Founder and CEO Mounir Laggoune said Finary’s mission began last… Read More

February 25, 2022 @ 12:46 pm By Omar Faridi  |  

Digital asset firm CoinList has announced that the Nym Token Sale on their platform has added over 51,000 new token holders to the Nym community and network, with more than $30 million in NYM tokens purchased “throughout the course of the sale.” The event drew… Read More

February 25, 2022 @ 11:49 am By JD Alois  |  

It has been one year since the publication of the Kalifa Review of Fintech – a document that sought to provide a roadmap to ensure the UK’s prominence in the global Fintech ecosystem. On the anniversary of the publication, there have been multiple comments regarding… Read More

February 25, 2022 @ 11:02 am By Omar Faridi  |  

Checkout.com, which recently raised $1 billion at a $40 billion valuation, notes that Strong Customer Authentication (SCA) is now “mandated across all of Europe and businesses have had to make changes to make sure they are compliant.” The team at Checkout.com writes in a blog… Read More

February 25, 2022 @ 10:59 am By Omar Faridi  |  

Recently, network difficulty on the Bitcoin (BTC) network surged around 4.8% as total hashrate (or the amount of computing power securing the leading cryptocurrency network) exceeded 200 EH/s for the “first time ever.” The team at Compass Mining noted that “breaking through mining profitability’s gloomy… Read More

February 25, 2022 @ 9:46 am By JD Alois  |  

Arthur Hayes and Benjamin Delo, BitMEX crypto derivatives exchange founders, have pleaded guilty to charges of violating the Bank Secrecy Act. According to the US Department of Justice, the two founders willfully failed to establish, implement, and maintain anti-money laundering (AML) programs at BitMEX. Under… Read More

February 25, 2022 @ 8:41 am By JD Alois  |  

Wirex, a payments platform that enables both fiat and crypto, has added the Polygon blockchain to their non-custodial wallet, as well as the Wirex app. According to  Wirex, users will have access to the benefits of the Polygon blockchain alongside the Ethereum, Avalanche, Binance Smart… Read More

February 25, 2022 @ 8:26 am By Omar Faridi  |  

The blockchain sector saw some major changes during the past year, brought on by a “maturing” crypto ecosystem and the development of innovative technologies. American Fintech firm Ripple notes that it remained focused on better understanding and further analyzing this rapid “evolution” via primary and… Read More

February 25, 2022 @ 8:20 am By Omar Faridi  |  

International markets are experiencing a massive increase in volatility with Russia’s invasion of Ukraine. The severe humanitarian crisis that could unfold over the next few days and weeks “could be the worst in Europe in decades, with loss of life and property, as well as… Read More

February 25, 2022 @ 8:16 am By Omar Faridi  |  

European Fintech iwoca reveals that a new B2B payments solution is bringing together instant payments, free transactions and flexible financing “to address cash flow problems for both buyers and suppliers.” As mentioned in an update shared with Crowdfund Insider, online Fintech firm iwoca has noted… Read More

February 24, 2022 @ 8:53 pm By Omar Faridi  |  

Michael Froman, Vice Chair and President, Strategic Growth at Mastercard (NYSE: MA), notes that shuttered storefronts might be a lingering symbol of the pandemic’s “economic fallout.” However, entrepreneurship is continuing to soar, “with a record 5.4 million new business applications filed in 2021, according to U.S…. Read More

February 24, 2022 @ 3:49 pm By JD Alois  |  

Russia’s unprovoked attack on Ukraine has shocked the world. For weeks now, many have expected Russian forces to cross the border to occupy part or all of Ukraine while some thought threat of war was just posturing by Russian President Vladamir Putin. In recent hours… Read More

February 24, 2022 @ 12:10 pm By JD Alois  |  

Wise (LSE:WISE) the global payments, transfer platform, and stealth bank, has moved to appoint an interim Chief Financial Officer following a bike accident involving Matthew Briers, Wise CFO. Wise issued the following statement: To ensure Matthew’s recovery is complete, his return to work will be gradual…. Read More

February 24, 2022 @ 12:02 pm By Omar Faridi  |  

Nordstreet, a firm focused on democratizing the business loan financing “one successful project at a time,” has raised 103% (€309,926) of its €300,001 fundraising target via Seedrs from 119 investors with 27 days left in the company’s crowdfunding campaign. Here are the business overview/highlights shared… Read More

February 24, 2022 @ 11:15 am By Omar Faridi  |  

UK’s investment platform easyMoney has looked into whether a current account is the best home for our funds. Inflation is surging rapidly and interest rates have declined, so easyMoney looks into whether a current account – where interest rates of up to 5% are possible… Read More

February 24, 2022 @ 11:12 am By JD Alois  |  

  As Russian President Vladimir Putin shocked the world with his horrific invasion of Ukraine, many nations enacted economic sanctions to punish the rogue country as Europe entered a state of war. Following Putin’s effective annexation of Donetsk and Luhansk (Donetsk and Luhansk People’s Republics… Read More

February 24, 2022 @ 9:58 am By Omar Faridi  |  

UK’s investment service provider Kuflink has added new features to its platform. As noted by Kuflink‘s management, January was quite a busy month for them, with many new feature releases and updates to their previous releases. The company is hoping that their clients appreciate these… Read More

February 24, 2022 @ 9:05 am By JD Alois  |  

Squirro, an “Augmented Intelligence solutions provider,” has been awarded a contract with the European Central Bank (ECB) to provide insights into risk and the countries that have adopted the Euro. Squirro notes that it is already working with the German Bundesbank and the Bank of… Read More