Global

February 19, 2022 @ 2:03 pm By Omar Faridi  |  

Nous, which claims to be a pioneering service to help households “face the cost of living crisis,” has acquired $9 million via a seed funding round. Nous (to rhyme with ‘house’). a London-based Fintech, will use the proceeds to build out its service that helps… Read More

February 19, 2022 @ 9:46 am By Omar Faridi  |  

Trulioo, the international identity verification firm, recently announced four new banking clients: Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, one of the largest networks of identity data and services, financial institutions can “deploy identity checks that help them satisfy Know Your Customer… Read More

February 18, 2022 @ 6:44 pm By Omar Faridi  |  

Stronghold, a payments and financial infrastructure firm, has introduced Stronghold Capital in order to invest $100 million in high-potential firms and funds across key areas: “overlooked” and “underrepresented” founders as well as fund managers, the payments and fintech ecosystem, and the Web3 / blockchain sector…. Read More

February 18, 2022 @ 3:53 pm By Omar Faridi  |  

Much has been made of embedded lending during the past couple years. With the COVID-19 crisis shuttering businesses and forcing a major shift to online and all-digital services, you could say that this was inevitable. Now, large Fintechs like Klarna, Stripe and PayPal have shown… Read More

February 18, 2022 @ 1:58 pm By Omar Faridi  |  

Lithuania’s borderless finance platform Debitum is pleased to confirm that Henrijs Jansons has joined the firm as its new Chief Executive Officer. His appointment became effective at the end of January 2022. Henrijs is reportedly replacing former CEO Sergei Demchuk, who will “focus on the… Read More

February 18, 2022 @ 9:47 am By JD Alois  |  

Fintech, or financial technology, is a hot sector of investing and innovation in general. All financial services are going through an extended period of disruption as digital replaces analog and startups and early-stage ventures challenge incumbents. In our opinion, this transition is a multi-decade event… Read More

February 18, 2022 @ 8:14 am By Tony Zerucha  |  

It’s no secret the process of how we pay for goods and services is changing before our eyes and the latest IDC InfoBrief commissioned by Episode Six speculates on what the future will look like. In 2030 they expect 74 per cent of global consumer… Read More

February 18, 2022 @ 8:06 am By Omar Faridi  |  

Pikl, a fast-growing Insurtech business offering solutions that enable the Sharing Economy to thrive, has secured 109% (£1,967,791) of its £1,800,006 target with 26 days left in the firm’s crowdfunding campaign carried out via Seedrs. Located in Norwich, United Kingdom, Pikl operates in the finance… Read More

February 18, 2022 @ 8:03 am By Omar Faridi  |  

Market prices have been rising in the US at the fastest pace in 40 years — an inflation rate of 7.5% YoY compared to December’s 7%. And the overall impact of inflation has “broadened beyond pandemic-related goods and services,” the team at digital asset firm… Read More

February 18, 2022 @ 7:54 am By Omar Faridi  |  

Ararat Yuzbashyan, CTO at EstateGuru, has explained how he aims to improve the lives of his colleagues. Ararat also talked about the advice he would give to talented professionals who are thinking of joining EstateGuru. Ararat has been working at EstateGuru for around 10 years…. Read More

February 18, 2022 @ 3:07 am By Omar Faridi  |  

The VeChain Foundation claims that 2021 “proved to be a significant year” for them with many developments taking place — some of which are “fundamentally game-changing” and others that “greatly benefit” their ability to serve the global economy with blockchain-based services. One such change that… Read More

February 18, 2022 @ 2:37 am By Omar Faridi  |  

The peer-to-peer market is expected to grow by around 20% this year, according to a report from Croatian lender Robo.cash. Robocash analysts noted that the optimistic scenario for 2022 is being supported by the general development trend from last year. Industry experts are also betting… Read More

February 18, 2022 @ 1:25 am By Omar Faridi  |  

The team at blockchain platform NEO have released their January technical development monthly report. As mentioned in the update: “Having delivered the milestone Neo 3.1 version in the final weeks of 2021, the core development team began the New Year at a more relaxed pace…. Read More

February 18, 2022 @ 1:07 am By Omar Faridi  |  

This week saw lots of work going on around Ontology technical developments, as work continued on preparing Ontology chain’s EVM or Ethereum Virtual Machine. Steady progress is being made “to ensure the launch happens in quarter 1 of this year.” As usual, the community had… Read More

February 17, 2022 @ 11:17 pm By Omar Faridi  |  

In a sign that we are all moving from quantum exploration to quantum production – and that quantum software development is an important ingredient in gaining quantum advantage – Classiq, which offers a platform for Quantum Algorithm Design, announced that it has secured $33 million… Read More

February 17, 2022 @ 5:29 pm By Omar Faridi  |  

Binance Labs, the VC and innovation incubator of Binance, made an investment in Manta Network, the Web3 privacy protocol focused on privatizing crypto-assets. Manta Network’s layer-1 network design “leverages zero-knowledge proofs to privatize crypto assets.” Built with the Substrate framework, Manta’s privacy tech interoperates with… Read More

February 17, 2022 @ 11:31 am By JD Alois  |  

Open Banking in the UK has topped 5 million users according to a statement by the Open Banking Implementation Entity (OBIE). The data is provided by the CMA9, the nine banks and building society mandated under the CMA Order to implement open banking in the… Read More

February 17, 2022 @ 11:20 am By JD Alois  |  

The Ageras Group has raised €30 million ($34 million) to accelerate the expansion of its business described as a financial cockpit for SMEs. The company said the funding was raised from a group of American and European investors including seven new investors, Centripetal Capital and… Read More

February 17, 2022 @ 11:00 am By JD Alois  |  

Neobank Revolut has selected Ibrahim “Ibo” Dusi as its Chief Risk Officer for Americas, according to a statement from the company. Revolut says that as Chief Risk Officer for Americas, Dusi will oversee risk management for Revolut in North and South America. He will be… Read More

February 17, 2022 @ 10:27 am By JD Alois  |  

The Financial Stability Board (FSB) published a report yesterday on crypto-asset risks. The FSB is an international entity that promotes global financial stability. As digital assets have grown, the FSB has engaged in the ongoing discussion of the importance and systemic impact of crypto. The… Read More