Global

January 25, 2022 @ 8:36 pm By Omar Faridi  |  

Sayata, the marketplace for insurance brokers and carriers to scale their business insurance portfolios, recently announced the addition of $35 million to the previous $17 million secured just five months ago, for a total A round valued at $52 million. The additional raise has reportedly… Read More

January 25, 2022 @ 8:34 pm By Tony Zerucha  |  

Growth Capital Ventures has led a £150,000 seed investment round into n-gage.io, a technology company using data to influence how audiences engage and experience leisure, visitor, and sporting attractions. Growth Capital Ventures is an online capital formation platform that enables private investors to invest in… Read More

January 25, 2022 @ 3:12 pm By Omar Faridi  |  

SoftPOS is an app created by Nexi, which is one of Europe’s Paytech firms operating in high growth markets and technologically-advanced economies. SoftPOS has been introduced for the business customers of UniCredit Bank. With SoftPOS, users are able to provide the option of card payment… Read More

January 25, 2022 @ 10:56 am By Tony Zerucha  |  

Latin American Fintech Creditas today confirmed a $260 million Series F financing round, leaving it with a valuation of $4.8 billion. The company raised $829 million across six fundraising rounds. Fidelity joins as a new key shareholder along with Actyus  (a Spanish fintech investment fund)… Read More

January 25, 2022 @ 10:19 am By Omar Faridi  |  

WiseAlpha, the United Kingdom’s digital bond market platform, is pleased to confirm its strategic partnership with UK-headquartered Fintech firm, Fortu Wealth. This collaboration marks another key milestone for the Fintech companies, both planning to offer a smart financial solution to private banking customers. As noted… Read More

January 25, 2022 @ 10:16 am By JD Alois  |  

Last week, BitMEX announced its intent to acquire Bankhaus von der Heydt. The deal is actually structured so that BXM Operations AG, founded by BitMEX CEO  Alexander Höptner and CFO Stephan Lutz, will acquire the bank located in Munich, Germany. While the purchase is subject… Read More

January 25, 2022 @ 8:38 am By JD Alois  |  

Modulr, a payments Fintech based in Amsterdam, has been approved to operate as an Electronic Money Institution (EMI) by De Nederlandsche Bank (DNB).  Modulr is already approved to operate as an EMI in the UK and Ireland. Modulr states that it doubled its lifetime payment… Read More

January 25, 2022 @ 8:28 am By JD Alois  |  

Marketplace lending platform EstateGuru has posted its 2021 financial results. According to the investment platform loan volumes increased by 69%, revenues 58%, new investors by 35% compared to 2020. EstateGuru said that all of the countries where they operate exceeded their targets with total lending… Read More

January 25, 2022 @ 8:11 am By Omar Faridi  |  

Digipost, one of Norway’s largest digital mailbox providers, has reportedly chosen the Neonomics unified API platform in order to support the introduction of account-to-account payments to its 2,7 million clients. Digipost is one of the most actively used digital invoicing services in the Nordic region…. Read More

January 25, 2022 @ 8:10 am By Omar Faridi  |  

European open banking platform Tink has confirmed the introduction of ‘Income Check’ in the United Kingdom – which is a service that improves the income verification process by leveraging Open Banking tech. Tink’s Income Check product enables banking institutions and lending platforms to quickly verify… Read More

January 25, 2022 @ 8:05 am By Omar Faridi  |  

Everything, a UK-based Fintech firm focused on reinventing premium bonds with a social spin, has secured €2 million from angel investors. Merama CEO Sujay Tyle, Frontier Car Group founders Peter Lindholm and Ricardo Donoso, along with Axel Arigato co-founder Albin Johansson have all reportedly joined… Read More

January 24, 2022 @ 11:38 pm By Omar Faridi  |  

Binance, one of the leading blockchain and crypto infrastructure providers, is pleased to confirm that it has officially joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation primarily focused on identifying, validating, mitigating, and neutralizing cybercrime threats. Binance reports that it’s the first… Read More

January 24, 2022 @ 10:30 pm By Omar Faridi  |  

Aryza Holdings Limited has announced that it’s accelerating its European roll-out via the acquisition of Collenda, a DACH and Benelux credit management software provider. Collenda offers an end-to-end integrated credit lifecycle platform for banks, corporates, and debt collection agencies. It covers the complete credit value… Read More

January 24, 2022 @ 10:23 pm By JD Alois  |  

Former senior Westpac executive Jim Tate has been appointed as the Chairman of Fintech mx51. mx51 is a payments-as-a-service provider that enables banks and non-banks to provide multi-channel payments and value-added solutions to merchants. mx51 reports that it currently powers major Australian banks and payments providers… Read More

January 24, 2022 @ 10:11 pm By JD Alois  |  

Leading property finance platform LendInvest (LSE: LINV) has acheived £2 billion in assets under management (AUM). LendInvest noted that had reached £1 billion of AUM in 2019 – ten years from its launch. This newest mileston is indicative of platform growth. LendInvest said that strong… Read More

January 24, 2022 @ 5:01 pm By JD Alois  |  

The Bank of Russia has published a consultation paper on “Cryptocurrencies: Trends, Risks and Regulation.” The central bank has published an executive summary which is available in English. According to the bank, Russian citizens are currently transaction around $5 billion in crypto per year. Meanwhile,… Read More

January 24, 2022 @ 4:36 pm By Omar Faridi  |  

The team at LatAm Fintech Belvo has shared an update titled the State of Open Banking in Latin America in 2022. Belvo writes in a blog post that open banking – the opening of financial markets via technology, data, and the creation of new digital… Read More

January 24, 2022 @ 1:59 pm By Omar Faridi  |  

The Nakji Foundation is launching a $200,000 Bug Bounty program for developers and security researchers in order to “help discover vulnerabilities and prevent security problems in the Nakji ecosystem.” Nakji Network is pleased to work cooperatively with Uppsala Security, which has built what they claim… Read More

January 24, 2022 @ 12:33 pm By Omar Faridi  |  

C6 Bank Mastercard clients who are in Caraíva (Bahia) this summer season will be able to practice beach tennis in “exclusive” spaces, in addition to enjoying various other benefits. As mentioned in an update from C6 Bank, the courts and equipment to practice the sport,… Read More

January 24, 2022 @ 10:46 am By Omar Faridi  |  

Monese, the pan-European Fintech, is reportedly expanding its product offering with the introduction of a Credit Builder service for its clients in the United Kingdom. Having started a waiting list last year, Credit Builder is currently available and it’s reportedly being used by certain clients… Read More