Global

We find Fintech news from around the world and share it with you here.

Crypto Prime Broker Genesis Distributes Report on December Activity, Claims Temporary Leverage Shakeoout in Bitcoin

Genesis, a crypto prime brokerage, has published a report covering last month (December 2021). According to Genesis, their perspective shows that Bitcoin acts more like a “risk asset” than an inflation hedge – something many observers frequently ascribe to BTC. The firm said that the… Read More

Fly Now Pay Later? Yep. It is a Thing, as Fintech Raises $75 Million to Fuel Global Rollout

Fly Now Pay Later is not just a service, it is a company – a Fintech that has just raised $75 million in a debt round led by funds managed by Atalaya Capital Management. According to a public release, the investment also included an undisclosed… Read More

LatAm Fintech Belvo Shares Updates on Data Enrichment, Data Aggregation, Developers Portal

The team at LatAm Fintech Belvo has reflected on a great year for all the financial innovators working towards “leveraging open finance in Latin America.” Belvo has shared their latest product updates and releases “on three fronts: data enrichment, data aggregation, and [their] developers portal.”… Read More

Fintech Brex Confirms $300 Million Funding at $12.3 Billion Valuation

Fintech Brex has confirmed the $300 million funding as part of a Series D-2 round led by Greenoaks Capital and Technology Crossover Ventures (TCV). It was reported in October 2021 that Brex had raised $300 million as part of the Series D and the company… Read More

Gratitude, a Firm Offsetting Carbon Emissions by Giving Cashback for In-game Purchases, Acquires £149,570 via Crowdcube

Gratitude, which aims to help offset carbon emissions by allowing users to “receive cashback from in-game purchases,” has raised 54% (£149,570) of its £275,000 target (at the time of writing) from 132 investors through a crowdfunding campaign carried out via Crowdcube with 22 days left… Read More

Ethereum Alternatives like Avalanche, Solana, BSC Offer Performance Benefits, but Sacrifice Certain Degree of Decentralization: Report

Amber Group, a firm that helps clients buy and sell cryptocurrency products, earn yield, manage risk, and access liquidity, notes that one of the most “pressing” challenges that the Ethereum (ETH) network faces is scalability. In an extensive report, Amber Group explained that this issue… Read More

P2P Lending Platform Robo.cash Announces Interest Rate Changes, Effective January 10, 2022

Croatian P2P lender Robo.cash notes in an update that rates will be changing starting from January 10, 2022. As mentioned in a blog post by Robo.cash, the new interest rates “will range from 9% to 12.3%, and they will be directly related to the terms,… Read More

Global Fintech Azimo Explains How to Receive Payments in Colombia by Completing Certain Legal Requirements

Azimo, a firm that claims to enable faster, cheaper global money transfers, has explained that Abono Automático (or automatic deposit) is a legal requirement that Bancolombia customers have to “enable before receiving Colombian pesos (COP) from overseas.” After that, users may deposit COP directly into… Read More

Digital Payments Fintech Remitly Explains How to Send Money to Thailand

Remitly, a payments company that leverages digital channels, including mobile phones, to send money internationally, has explained how you can send funds securely to Thailand. Remitly writes in a blog post that if you’re looking for a safe way to send funds to Thailand, then… Read More

Analysts at Blockstream Predict Huge Year for Liquid Network, STOs, as Bitcoin Price Continues to Decline: Report

Bitcoin-focused tech firm Blockstream notes in their Markets Weekly Report that BMN is launching a capital raise via Bitfinex Securities in the coming days. Meanwhile, El Salvador is preparing its regulatory framework for the upcoming BTC bond, and Goldman Sachs (NYSE:GS) recently stated that BTC… Read More

eToro Investment Analyst Says that We Might Be Overdue for “Quick Reset” in Stocks, But Many More Planning to Invest in 2022 than Last Year

Callie Cox, the US-based Investment Analyst at eToro, notes that she’s always thinking about how market moves and headlines affect your finances. Starting January 7, 2022, Cox confirmed that she’ll be publishing a weekly blog, titled The Bottom Line, which will look into what’s happening… Read More

Republic Purchases .Com Domain, Provides Update on Performance, Plans for Future

Republic, a leading online capital formation platform that is becoming the future of investment banking and investing in general, has finally acquired Republic.com. Previously, the platform was using Republic.co. While most users will not notice any change, the acquisition of the domain – one previously… Read More

Frédérick Lavoie from Flinks Comments on Latest Fintech Trends Including Open Banking, BNPL

Open Banking is the “future of banking,” according to an update from alternative investment platform YieldStreet. The team at YieldStreet has explained how Open Banking can impact your banking experience. In an episode of The Yield, Yieldstreet CFA Peter Kerr was joined by Frédérick Lavoie… Read More

Kraken Is Now Supporting Trading with Kintsugi (KINT), a Network Allowing Users to Create a Bitcoin backed Asset

The team at digital asset platform Kraken notes that they’re pleased to announce that Kraken now supports Kintsugi (KINT). Funding and trading for the Kintsugi (KINT) token is live (as of January 6, 2022), and trading will “begin shortly.” You may keep an eye on… Read More

Innovate Finance Responds to FCA Discussion Paper, “Sustainability Disclosure Requirements and Investment Labels”

Innovate Finance, the independent industry body that represents and advances the international Fintech community in the United Kingdom, explains that it aims to accelerate the UK’s role in the financial services sector by “directly supporting the next generation of technology-led innovators.” The UK Fintech sector… Read More

Fintech PayFit Is Planning to Introduce More Features to Streamline HR Processes for SMEs After €254M Raise

The team at Payfit, which has recently raised €254M to strengthen their payroll solution for SMEs, notes that as 2021 came to an end, they had taken a look back on the year. PayFit reveals that not only have they grown in size, but they also… Read More

Digital Commerce: Majority of Businesses are Actively Investing in New, Improved Payments Technologies, Checkout.com Survey Reveals

Checkout.com reveals that their research finds efforts to promote environmental sustainability, mitigate fraud and “unlock new growth channels” which should help define e-commerce in 2022. Checkout.com writes in a blog post that they’ve witnessed “an explosion” in digital commerce growth in recent years. And that… Read More

Berlin’s Solarisbank Says Financial Services Sector Will Face Key Challenges in 2022 like Combatting Fraud, Improving CX

Solarisbank, a firm that’s focused on creating a world where financial services “seamlessly sync with life,” notes in its Fintech forecast report that 2021 was quite an uncertain period but not as “unprecedented” as 2020. Solarisbank wrote in a blog post that during the past… Read More

LendInvest Reveals that Amount of Capital in UK Specialist Real Estate Market Keeps Increasing, Trend Set to Continue in 2022

LendInvest, a leading digital financing platform for the UK market, has commented on updates related to delivering complex bridging and development deals in 2022 (and the landscape in general). Tom Madden, Director of LendInvest‘s Structured Property Finance team, has taken a look back on 2021… Read More

BrikkApp Announces Real Estate Marketplace Aggregating Global Offerings

BrikkApp, a European online real estate investment platform, is aggregating over 200 real estate investment crowdfunding platforms, according to a statement from the company. The new marketplace aims to simplify the process of matching money with investment opportunities around the world. BrikkApp notes that it… Read More

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