Global

February 4, 2022 @ 3:20 pm By Martin Cheek  |  

The role that cryptocurrency plays in money laundering is hotly debated. Some say that the anonymity afforded by currencies like Bitcoin makes it easier for criminals to shift funds undetected, while others argue that the blockchain and it’s unchangeable, publicly visible ledger actually provide far… Read More

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

Earlier this week, the European Securities and Markets Authority (ESMA) published an updated Q&A on the pan-European crowdfunding rules. Updated rules, called European Crowdfunding Service Providers Regulation (ECSPR), became actionable last November but questions remain and European member states are still sorting things out. To help… Read More

February 4, 2022 @ 9:09 am By Omar Faridi  |  

European Fintech iwoca reports that small business owners are feeling confident about “taking on larger amounts of finance” in order to support their growth objectives this year. iwoca’s quarterly SME Expert Index (the source of these findings) is reportedly based on key insights from UK… Read More

February 4, 2022 @ 9:02 am By Omar Faridi  |  

European Fintech Bunq has reportedly become one of Europe’s first neobanking platforms to offer its clients a straightforward and sustainable way to invest their funds. The Dutch firm was recently valued at €1.6 billion and has now introduced ‘Easy Investments’ as part of the most… Read More

February 3, 2022 @ 9:39 pm By Omar Faridi  |  

MRHB DeFi, which claims to be the first decentralized finance ecosystem platform focused on ethical, sustainable and halal cryptocurrency-related opportunities, has secured $5.5 million via a series of private and public rounds which culminated in an initial DEX offering (IDO) that was “oversubscribed” on the… Read More

February 3, 2022 @ 8:26 pm By Tony Zerucha  |  

New research from European digital asset hedge fund manager Nickel Digital Asset Management reveals institutional investors and wealth managers have dramatically increased their allocation to cryptocurrencies and digital assets over the past 12 months. The survey of professional investors from the US, UK, Germany, France,… Read More

February 3, 2022 @ 12:11 pm By Omar Faridi  |  

Paysend, the card-to-card pioneer and global payments platform, has announced that the company is expanding its peer-to-peer money transfer services internationally. Via the implementation of Visa Direct, a real-time push payment platform, Paysend’s U.S. clients can send money to eligible Visa cards in 107 countries… Read More

February 3, 2022 @ 10:22 am By Omar Faridi  |  

Fast-growing enterprise adoption of business finance technology has helped Sonovate to report “record” funding volume in December of last year, “capping an overall record-breaking year for the UK lender.” Sonovate, a Fintech lender that offers finance and tech services to businesses that engage contractors and… Read More

February 3, 2022 @ 9:04 am By Omar Faridi  |  

TrueLayer, which is one of Europe’s Open Banking platforms, has announced its expanding operations into Sweden with the appointment of ex- Adyen executive Karl Hagner as its Country Manager. An experienced commercial manager, with a sharp focus on payments in digital commerce, Stockholm’s Karl will… Read More

February 3, 2022 @ 9:02 am By Omar Faridi  |  

Wormhole, which is described as a communication bridge between Solana (SOL) and other DeFi/blockchain platforms, claims that bad actors stole around $320 million in virtual currency. The wormhole network was exploited for 120k wETH. ETH will be added over the next hours to ensure wETH… Read More

February 3, 2022 @ 8:47 am By Omar Faridi  |  

Proprietary straight-through processing (STP) payments platform Billhop – which provides businesses process and capital efficiencies based on credit card infrastructure –  has acquired €10.5 million in capital, via a round led by EQT Ventures along with contributions from Element Ventures (currently awaiting SFSA approval). The… Read More

February 3, 2022 @ 3:38 am By Omar Faridi  |  

Capchase, a provider of non-dilutive capital for recurring-revenue firms, recently announced that it has expanded to the Netherlands and Belgium. The move comes on the back of Capchase’s expansion into the Nordic region last month, “building out headcount in Finland, Sweden and Denmark.” As noted… Read More

February 3, 2022 @ 3:35 am By JD Alois  |  

Today, most all drivers cannot imagine living with Google or Apple Maps. Those days of paper maps and handwritten directions were not that long ago. But now we have a company that is aiming to do the same thing for boating and it is raising… Read More

February 2, 2022 @ 11:30 pm By Omar Faridi  |  

Royal Park Partners, which claims to be one of the leading financial advisors to the Fintech sector, recently announced that it is expanding its leadership team following a year of steady growth. Abhimanyu Toor and John Clark will reportedly join co-founder Aman Behzad as Managing… Read More

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

Open Banking in Brazil marked its first anniversary on February 1, 2022 – and the South American nation is looking set to strengthen its position as a (maybe unlikely) open banking pioneer. The Brazilian reserve bank’s phased approach is considered to be a success, through… Read More

February 2, 2022 @ 3:31 pm By Omar Faridi  |  

C2FO, which claims to be largest global platform for working capital, has shared details of its record-setting business growth last year, “highlighted by the $54.7 billion in funding that the company enabled for businesses worldwide, an increase of 57% versus 2020 totals.” Beyond transaction volumes,… Read More

February 2, 2022 @ 3:19 pm By Omar Faridi  |  

The team at ComplyAdvantage has released their new report, titled The State of Financial Crime 2022. ComplyAdvantage’s outlook for 2022: From supply chains in crisis to “high-wire” geopolitical standoffs and the implementation of updated regulatory frameworks, it’s going to be “a landmark year for compliance… Read More

February 2, 2022 @ 11:26 am By JD Alois  |  

Blyp, a data firm for ecommerce platforms, has raised a $4 million seed round, according to a statement by the firm. Funding was led by World Trade Ventures, Silvertech Ventures, Eyal Waldman, Dovi Frances, Rafi Gidron, and Boaz Schwartz. Blyp, which has offices in both… Read More

February 2, 2022 @ 10:55 am By Omar Faridi  |  

The team at Security Token Market (STM) notes that cryptocurrencies have been an exciting yet “controversial” center of discussion heading into 2022. Virtual currencies like Bitcoin, Ethereum, and 8,000+ others have “maneuvered their way into everything from traditional Wall Street boardrooms, to innovation hubs in Silicon… Read More

February 2, 2022 @ 8:43 am By Omar Faridi  |  

Global Fintech SumUp and PrestaShop – the digital commerce platform in Europe and Latin America – have announced a partnership that will aim to give thousands of merchants on the PrestaShop platform access to SumUp’s product suite of business tools (thanks to PrestaShop’s SumUp Payment… Read More