Global

January 12, 2022 @ 8:37 am By Omar Faridi  |  

Digital banking Fintech Revolut has reportedly launched operations as a bank in 10 Western European nations, allowing it to provide its customers in these markets with deposit protection. Revolut, which is a provider of a financial super-app with over 18 million customers across the globe,… Read More

January 12, 2022 @ 3:40 am By Omar Faridi  |  

The team at ComplyAdvantage, an AI-enhanced financial crime detection firm, notes that from regime change in Myanmar and Afghanistan to a “spotlight on environmental crime at COP26 and the explosive Pandora Papers leak, 2021 has been another landmark year for compliance professionals.” ComplyAdvantage writes in… Read More

January 12, 2022 @ 2:09 am By Omar Faridi  |  

Autonomy Network, an “off-the-shelf” decentralized automation protocol, is pleased to launch AutoSwap, which is a dApp providing limit order, stop loss, impermanent loss protection, and recurring payment features for Binance Smart Chain (BSC)-based DEXes like PancakeSwap. The dApp will also be available on Ethereum, Polygon,… Read More

January 12, 2022 @ 1:00 am By JD Alois  |  

OurCrowd, a global investment crowdfunding platform, is holding a virtual Job Fair on January 17, 2022, from 5 to 7 pm (Israel Time). According to a note from OurCrowd, the Job Fair aims to fill positions at over 170 of its portfolio companies. The online… Read More

January 11, 2022 @ 11:37 pm By Omar Faridi  |  

nHouse, a young “disruptive” housing firm providing various designs, has secured 121% (£121,870) of its £100,000 target from 245 investors (at the time of writing) through a crowdfunding campaign carried out via Seedrs with 29 days left in the sale. nHouse explains that it makes… Read More

January 11, 2022 @ 10:47 pm By Omar Faridi  |  

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

January 11, 2022 @ 10:30 pm By Omar Faridi  |  

As the crypto and blockchain space continues to grow steadily, decentralized autonomous organizations (DAOs) are becoming more common (because they provide a way to enable decentralized governance). After its MainNet launch back in June 2018, the 3-year-old TRON blockchain platform has developed its own DAO… Read More

January 11, 2022 @ 10:02 pm By Omar Faridi  |  

The team at Paysend notes that “remittance” is defined (according to Merriam Webster) as a transmittal of money to a distant place such as another country. As noted in an update from Paysend, this transmission of money may be done via traditional money management methods like… Read More

January 11, 2022 @ 6:33 pm By Omar Faridi  |  

The team at blockchain platform Qtum has shared important community and development updates from December 2021. Qtum writes in a blog post: “A very Happy New Year to all of you. … Now, as we [wrapped] up December, it is impossible to start with anything… Read More

January 11, 2022 @ 4:23 pm By Tony Zerucha  |  

While the dollar values of cryptocurrencies associated with fraud and other illegal activities continues to row, it is important to keep those numbers in context, one industry watcher cautions. As cryptocurrency-based transaction volumes surge, the amounts associated with illegal activity are naturally going to grow…. Read More

January 11, 2022 @ 4:12 pm By Omar Faridi  |  

Financial services have become a lot more accessible, seamless, and user-friendly in the past decade due largely to the rise of innovative Fintech platforms throughout the world. Traditional banking service providers have launched their own digital transformation strategies in order to remain competitive in a… Read More

January 11, 2022 @ 2:49 pm By Tony Zerucha  |  

ThankUCash, a loyalty, deals, and rewards platform targeting African markets, this week announced the close of a $5.3 million seed funding round. The company launched in 2018. The round was led by venture capital firms 500 Global and Unicorn Growth Capital. U.S.-based accelerator Expert Dojo,… Read More

January 11, 2022 @ 12:22 pm By JD Alois  |  

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

January 11, 2022 @ 11:53 am By JD Alois  |  

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

January 11, 2022 @ 10:33 am By Omar Faridi  |  

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

January 11, 2022 @ 9:26 am By JD Alois  |  

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

January 11, 2022 @ 8:18 am By Omar Faridi  |  

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

January 11, 2022 @ 2:03 am By Omar Faridi  |  

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

January 11, 2022 @ 1:21 am By Omar Faridi  |  

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

January 11, 2022 @ 12:59 am By Omar Faridi  |  

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