Global

December 15, 2021 @ 5:10 pm By Tony Zerucha  |  

Recent analysis from London-based Nickel Digital Asset Management reveals 20 listed companies with a market cap north of $1.0 trillion have around $9.6 billion invested in Bitcoin. They originally spent $5.9 billion buying the cryptocurrency. North American corporations dominate the listed company investment in Bitcoin… Read More

December 15, 2021 @ 5:04 pm By Tony Zerucha  |  

Bitcoin panic-sellers are “practically giving away” their cryptocurrencies to wealthy buyers who will use the digital assets as an inflation shield, deVere Group CEO Nigel Green believes. The observation comes as Bitcoin and other leading cryptocurrencies steadied slightly ahead of the U.S. Federal Reserve’s meeting… Read More

December 15, 2021 @ 12:15 pm By JD Alois  |  

Assetz Capital, a peer-to-peer lending platform for secured loans, says it has provided a £1.3 million loan to Amor Homes Ltd to complete its luxury development in Cheshire. Assetz Capital states that having built four luxurious homes in South Cheshire the developers are now exiting… Read More

December 15, 2021 @ 10:52 am By Omar Faridi  |  

topi has acquired $4.5 million in capital via a pre-seed round that has been co-led by Index Ventures and Creandum. Established by Estelle Merle and Charlotte Pallua, the firm is focused on becoming an international enabler of fast and “frictionless” payments for B2B trade. Angel… Read More

December 15, 2021 @ 9:08 am By JD Alois  |  

The UK Advertising Standards Authority (ASA) has upheld multiple bans on crypto-asset promotions today. The impacted firms include Coinbase Europe, CoinBurp, Lumo Money, Exmo Exchange, Papa John’s, Payward/Kraken, and eToro. In regards to Coinbase, four issues were investigated with each being upheld by the regulator…. Read More

December 15, 2021 @ 8:36 am By JD Alois  |  

Last week, there was a hearing at Parliament that tackled some of the challenges to growing the Fintech ecosystem in the UK – a strategic sector of great importance for the country. The UK has long been a top Fintech global hub. Brexit, policy inertia,… Read More

December 15, 2021 @ 7:41 am By Omar Faridi  |  

Trulioo, the global identity verification service provider, has announced six new customers in the crypto industry: Centbee, GMO Trust, Omni Matrix, Skilling, Strike Protocols and Vintech Capital. GlobalGateway is one of the largest marketplaces for digital identity data and services, enabling organizations to “deploy identity… Read More

December 15, 2021 @ 7:01 am By Omar Faridi  |  

Deeptech pioneer Othoz has completed a €10 million round to further “unlock the potential of artificial intelligence and drive the development of quantitative, machine learning (ML) based strategies for investing in capital markets.” Led by Acton Capital and with participation of existing investors as well… Read More

December 14, 2021 @ 9:48 pm By Omar Faridi  |  

Artesian : DueDil is pleased to confirm that it has teamed up with TechLabs London, a Microsoft Tier 1 Direct Cloud Solutions Provider. As mentioned in the announcement, this partnership will aim to provide seamless integrations between Artesian: DueDil and Microsoft Dynamics 365, enabling banking… Read More

December 14, 2021 @ 8:43 pm By Omar Faridi  |  

SME lending Fintech Tradeplus24 Australia has restructured $25 million of its debt facilities to underpin “the execution of a material debt transaction of over $100 million and reduce its cost of funding by 4%,” according to a note shared with CI. iPartners has secured the… Read More

December 14, 2021 @ 5:16 pm By Tony Zerucha  |  

European VC firm Sapphire Ventures will significantly expand its European investment activities over the coming year, the company said this week. As part of this expansion, which follows the opening of the firm’s first European office last year, Sapphire promoted Annalise Dragic, currently a principal,… Read More

December 14, 2021 @ 1:57 pm By Omar Faridi  |  

In an attempt to improve the movie industry, NFT Community Arabian Camels and Swapp Protocol have introduced the “Antara Movie NFT,” which allows buyers to hold as much as 50% Intellectual Property rights to “Antara,” a $50M feature film based on the life of Arabian… Read More

December 14, 2021 @ 12:17 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), via its subsidiary Simplex, is introducing branded Visa debit cards for its partners across the European Economic Area and United Kingdom, “following a partnership with Visa.” Having provided crypto-friendly debit cards to blockchain finance ecosystem COTI in recent months,… Read More

December 14, 2021 @ 10:39 am By JD Alois  |  

The Sao Paolo Stock Exchange, B3, is expected to launch cryptocurrency investment options in 2022 according to multiple reports. The news was revealed during a presentation by B3 President Gilson Finkelsztain.   🔎 O presidente da B3, Gilson Finkelsztain, durante o B3 Day afirmou que… Read More

December 14, 2021 @ 8:59 am By Omar Faridi  |  

British bank NatWest has reportedly been fined £264.8 million (appr. $354.30 million) on Monday (December 14, 2021) for failing to comply with appropriate money laundering regulations in a case that marked the first time that the United Kingdom’s financial regulators pursued criminal charges for these… Read More

December 14, 2021 @ 12:55 am By Omar Faridi  |  

The Pret Foundation has teamed up with Contactless Giving Week this December in order to raise awareness and support cashless fundraising for their ongoing work towards breaking the cycle of homelessness. Earlier in 2021, more than 40 Pret shops had been fitted with GoodBox contactless… Read More

December 14, 2021 @ 12:27 am By Omar Faridi  |  

TripActions, the comprehensive travel, corporate card, and expense management solution, has announced the launch of TripActions LiquidTM in Europe. Through its partnership with Stripe, TripActions Liquid claims to be “the first — and only — Fintech-powered travel and expense management offering that can support card… Read More

December 13, 2021 @ 11:49 pm By Omar Faridi  |  

The Open Banking Limited (OBL) board is looking for a Chief Executive Officer who will be responsible for leading the everyday operations of the Open Banking Implementation Entity (OBIE) and its gradual transition to an organization that will be observing the Competition and Markets Authority’s… Read More

December 13, 2021 @ 11:27 pm By Omar Faridi  |  

Tinkoff’s Centre for AI technologies has introduced ETNA – which is reportedly the first service in the Russian markets that assists with analyzing and predicting a set of data-driven processes, ranging from precipitation levels in upcoming winter months to a firm’s recruitment requirements. ETNA is… Read More

December 13, 2021 @ 11:07 pm By Omar Faridi  |  

The QR-code scanning tech created by Smart Engines has been introduced into Raiffeisen Online Russia. The solution enhanced the overall quality of QR codes and barcode scanning for payments operations made via a mobile app. As noted in the announcement, high-scanning precision is ensured for… Read More