Global

January 21, 2022 @ 8:29 am By Omar Faridi  |  

Meta’s (NASDAQ: FB) two leading social media networks, Facebook and Instagram, are reportedly looking to enter the fast-evolving non-fungible token (NFT) sector. The tech giant will be focusing on making it seamless for Facebook and Instagram users to issue, trade and showcase their NFTs. As… Read More

January 20, 2022 @ 8:43 pm By Omar Faridi  |  

Qi (formerly Stark Payments), a company that enables businesses to accept virtual currencies like Bitcoin, Ethereum and others as a regular payment, has raised 66% (£231,497) of its £350,000 target from 160 investors (at the time of writing) through its crowdfunding campaign carried out via… Read More

January 20, 2022 @ 8:41 pm By Tony Zerucha  |  

Cardano, a rival cryptocurrency to Ethereum, is likely to hit all-time highs of $2 before the end of 2022, predicts deVere Group CEO Nigel Green. The bullish guess comes as Cardano (ADA), the fifth-largest crypto, has jumped by almost 50 per cent in seven days… Read More

January 20, 2022 @ 3:57 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their trading platform now supports staking for MINA token holders. Kraken users may head into the Earn section of their accounts to put their MINA “to work” today (staring January 18, 2022). (Note: Staking is currently… Read More

January 20, 2022 @ 3:16 pm By Omar Faridi  |  

Jumio, the provider of AI-enhanced end-to-end identity orchestration, eKYC and AML solutions, recently announced a record-breaking close to a solid 2021, with revenue growing by over 130% in Q4 2021 from Q4 2020. Other Q4 highlights for Jumio include 4Stop acquisition and introduction of no-code… Read More

January 20, 2022 @ 3:14 pm By Tony Zerucha  |  

Banking software company Temenos this week launched its buy now, pay later (BNPL) banking service. This offering will open up new revenue opportunities for banks and fintechs through the use of alternative credit products. Temenos BNPL, combined with patented Explainable AI, can help banks create… Read More

January 20, 2022 @ 12:03 pm By Omar Faridi  |  

The team at Cushon notes that they’re pleased to confirm that they have, subject to Financial Conduct Authority (FCA) approval, acquired Creative, the manager of the Creative Pension Trust. Once approved, this acquisition sees Cushon become the United Kingdom’s 5th largest “master trust provider.” As… Read More

January 20, 2022 @ 11:36 am By Omar Faridi  |  

Mitch Trehan, UK Head of Compliance and MLRO at Banking Circle, has reportedly joined The Payments Association’s Advisory Board alongside other industry professionals from across the payments sector. Meeting as a team of 19 for the first time in January 2022, the Board intends to… Read More

January 20, 2022 @ 11:29 am By JD Alois  |  

Invesdor, an online capital formation platform empowering retail investors to participate in private securities offerings, is reporting its largest crowdfunding round ever. According to an email, Singa, a karaoke startup, has raised over €2.75 Million. The securities offering is still live and open to investors… Read More

January 20, 2022 @ 11:08 am By JD Alois  |  

Folk2Folk, a unique peer-to-peer lender operating in the UK, reports that it has now topped £500 million in lending boosted by a record amount of £108 million in lending during 2021. Lending almost doubled in 2021 in comparison to 2020. Folk2Folk is an FCA authorized… Read More

January 20, 2022 @ 10:22 am By Omar Faridi  |  

The 1inch Network announced on January 20, 2022 that they’ve expanded to Avalanche (AVAX) and Gnosis Chain (GNO). As explained in the update, the expansion to the two fast-growing blockchains will aim to “offer 1inch users more options for low-costs, high-speed transactions.” The 1inch Network… Read More

January 20, 2022 @ 9:28 am By Omar Faridi  |  

Income Company, a firm that’s re-imagining investing in loans, has secured €756,558 (or over 100% of its €750,004 target) from 171 investors (at the time of writing) through its crowdfunding campaign via Seedrs with 27 days left in the sale. Here’s a short business overview… Read More

January 20, 2022 @ 9:04 am By JD Alois  |  

Plaid has acquired Cognito, a firm that provides ID verification including anti-money laundering (AML) and know your customer (KYC) services. Plaid has emerged as a key open banking platform connecting top Fintech and traditional financial services firms around the world. Plaid said that Cognito was… Read More

January 20, 2022 @ 8:38 am By Omar Faridi  |  

European Fintech iwoca notes that as worries or concerns about the economy emerge, almost three in four small business owners are thinking about the potential impact of inflation. iwoca writes in a blog post that businesses are “wary of the impact of this on their… Read More

January 20, 2022 @ 2:07 am By Omar Faridi  |  

Thincats, a UK-based lending platform, explains that their expertise in SME lending is the product of “a detailed manual underwriting process combined with market-leading data.” Because of their sharp focus on mid-sized SMEs, ThinCats claims that they have “continually invested in making sure [they] have… Read More

January 20, 2022 @ 1:17 am By Omar Faridi  |  

The team at Security Token Market (STM) has released a report titled, State of Security Tokens 2022 — Industry Overview. Peter Gaffney, the Head of Research from Security Token Advisors, notes that the “high-level” lifecycle of a security token includes the following: Asset Selection Offering Structuring… Read More

January 19, 2022 @ 5:48 pm By Omar Faridi  |  

Brightflag, the AI-enhanced legal operations platform, recently announced the launch of its Legal Service Requests module. This latest innovation provides corporate legal departments “a powerful new way to centralize intake, triage requests, and understand demand for legal services across the business.” As mentioned in a… Read More

January 19, 2022 @ 5:45 pm By Omar Faridi  |  

The team at Checkout.com says that 2022 looks set to be a “defining year” for digital payments and commerce, with the “exponential” growth seen in recent years expected to continue. Checkout.com, which has become the most valuable Fintech after finalizing a massive $1 billion funding… Read More

January 19, 2022 @ 4:05 pm By Tony Zerucha  |  

  Like many Fintech entrepreneurs, Tokeny CEO Luc Falempin, was immediately excited when he read the Bitcoin whitepaper, so much that he devoted his career to using blockchain technology to make financial markets available to everyone. A few years later, Falempin is well on his… Read More

January 19, 2022 @ 11:26 am By Omar Faridi  |  

EstateGuru notes that 2021 ended “strongly” for their platform, with their investors financing €18.6M worth of loans in December 2021. As mentioned in the update from EstateGuru, the total funded amount for the year was €2028M. In December, Estonia, Lithuania and Germany all “contributed over… Read More