Global

December 6, 2021 @ 10:41 pm By Omar Faridi  |  

UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with Malaysia’s cross-border payments Fintech Tranglo. UniTeller’s partnership with Tranglo will enable UniTeller to continue expanding… Read More

December 6, 2021 @ 10:17 pm By Omar Faridi  |  

Beginning on December 2, 2021, people may sign up to get first access to the Blockchain.com NFT marketplace. In the coming weeks, users may start purchasing, selling, and storing non-fungible tokens or NFTs right inside their Blockchain.com Wallet. As mentioned in an update from Blockchain.com… Read More

December 6, 2021 @ 9:25 pm By Omar Faridi  |  

B2B cross-border payment provider, Verto, has teamed up with payments bank, Banking Circle, in order to streamline global payments for its customers. Utilizing the Banking Circle Virtual IBAN solution, alongside access to Banking Circle’s domestic payment channels, Verto is “addressing the pain points of complicated… Read More

December 6, 2021 @ 6:09 pm By JD Alois  |  

Stripe, a global payments and digital banking Fintech, has acquired OpenChannel, a company based in Canada that helps businesses to build, launch, and manage app ecosystems. The terms of the deal were not disclosed. In a brief statement, Stripe stated that OpenChannel will join Stripe’s… Read More

December 6, 2021 @ 5:24 pm By Omar Faridi  |  

The announcement shared below was reportedly provided to AS Mintos Marketplace (Mintos) by Eleving Group, a cooperation partner of Mintos that provides various investment opportunities via Mntos.com. Following Eleving Group’s strategy to consolidate investments in its “best-performing markets, a decision has been made to exit… Read More

December 6, 2021 @ 3:59 pm By Omar Faridi  |  

In the Caribbean, a new neobanking platform has been introduced. It aims to offer all the features provided by digital banking platforms along with support for crypto-assets. As mentioned in an announcement, neobank Migom offers banking services to SMEs operating in emerging markets. Migom Bank‘s… Read More

December 6, 2021 @ 3:45 pm By JD Alois  |  

Nu Holdings (Nubank), a Brazil-based Fintech, is expected to go public this week as shares are set to trade under the ticker symbol “NU” on the NYSE. Late last month, Nubank updated its price range to $8 to$9 per share. If the neobank bank floats… Read More

December 6, 2021 @ 3:04 pm By Omar Faridi  |  

We recently caught up with James Bayly, the Head Of Business Development at SubQuery & OnFinality. Bayly explained that SubQuery serves as a decentralized data aggregation, indexing, and querying layer between L-1 chains and dApps. He confirmed that his team is focused on Polkadot (DOT)… Read More

December 6, 2021 @ 11:49 am By Tony Zerucha  |  

New research published by open banking platform Tink reveals an increase in spending among Europe’s financial executives, with 47 per cent saying their open banking budgets have risen in 2021. This follows a challenging year in 2020, where financial institutions battled budget restrictions against the… Read More

December 6, 2021 @ 11:11 am By Tony Zerucha  |  

While Amazon’s (NASDAQ:AMZN) recent decision to stop accepting Visa (NYSE:V) credit card payments in January is causing some short-term disruption, it’s a calculated move, Forter’s head of strategic partnerships for EMEA and APAC Neil Smith said recently. Beginning Jan. 19, 2022, Amazon will no longer… Read More

December 6, 2021 @ 11:00 am By Omar Faridi  |  

The London Stock Exchange (LSE) has reportedly agreed to terms in order to acquire portfolio optimization platform Quantile, further extending its post-trade offerings to the over-the-counter (OTC) derivatives market. Over the years, Quantile has managed to expand its team to more than 80 employees, with… Read More

December 6, 2021 @ 10:31 am By Omar Faridi  |  

iProov, a provider of biometric face authentication tech, and Eurostar, the high-speed passenger rail service linking the United Kingdom with mainland Europe, have announced that their trial of a contactless fast-track service, SmartCheck, is currently live. SmartCheck enables passengers to “complete secure ticket verification and… Read More

December 6, 2021 @ 10:29 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) issued a statement last week announcing rule changes designed to boost share listings on UK exchanges. At the beginning of 2021, the Kalifa Review of Fintech was published providing a roadmap for the UK to maintain and improve the… Read More

December 6, 2021 @ 9:50 am By Omar Faridi  |  

Ali Niknam, CEO and founder of European Fintech bunq, recently noted that they are starting off on a “new beginning for bunq” Niknam wrote in a blog post dated December 2, 2021 that today “marks the start of a new chapter in bunq’s history.” Niknam… Read More

December 6, 2021 @ 9:24 am By JD Alois  |  

Recharge.com has appointed David Lindheimer as Chief Product and Technology Officer. Lindheimer was most recently working at Amazon where he is said to have tripled advertising marketplace demand as the Head of Campaign Building. While at Amazon Lindheimer also  built product and engineering teams for… Read More

December 6, 2021 @ 8:59 am By Omar Faridi  |  

GO MODULAR, which aims to create low impact, “bespoke,” modular housing solutions for small and medium-sized developments, has acquired 93% (£304,613) of its £325,000 fundraising target from 284 investors via Crowdcube with 17 days left in the platform’s crowdfunding campaign. GO MODULAR or GM explains… Read More

December 6, 2021 @ 8:55 am By JD Alois  |  

Bitmart, a crypto exchange that touts itself as “the most trusted cryptocurrency trading platform,” has lost $150 million in assets, according to a tweet by Bitmart CEO Sheldon Xia. Other reports have placed the value far higher at around $200 million. Bitmart operates in just… Read More

December 6, 2021 @ 8:37 am By JD Alois  |  

Paymentology and Tutuka have agreed to merge, according to a statement by Paymentology. The two firms say they are joining to create a new payments and card processing powerhouse that will now operate in 49 different countries. The new company will operate under the Paymentology… Read More

December 6, 2021 @ 8:26 am By Omar Faridi  |  

Finland’s Card-as-a-Service (CaaS) platform Enfuce has finalized a €45 million Series C round that has been led by global growth investor Vitruvian Partners. Established in Finland, Enfuce has expanded its geographic presence in Germany and France and has more than 13 million active card users… Read More

December 6, 2021 @ 8:03 am By Omar Faridi  |  

Fintech firm iwoca, which claims to be one of Europe’s largest small business lenders, recently announced the expansion of its merchant cash advance product to all small businesses “accepting card payments in the UK.” As mentioned in an update shared with CI, the merchant cash… Read More