Global

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

Decentralized, High-Throughput, Gas Efficient IOST Platform Shares Key Updates as They Plan for 2022

The team at IOST says that 2021 was a year of “highs and lows” for not only IOST but the entire blockchain and cryptocurrency ecosystem. They’ve noted that they’re thankful for IOSTIANS for staying with them through this “wild ride.” Now that they’ve got some… Read More

UK’s Banking and Financial System Doesn’t Provide Good Value for Ordinary Consumers: Survey

Fintech Modulr, which supports a new digital payment account for businesses and is specifically building services for companies needing a faster, easier and more reliable way to move money, notes that when they analyzed the results from their Digital Now survey (looking at consumer “attitudes… Read More

ChargeBee, a Fintech Helping Subscription-based Firms, Says Data Sovereignty and Localization Become Critical As they Expand Globally

The team at ChargeBee notes that for the year it had to follow, 2021 had “a relatively low benchmark to beat in terms of popularity.” ChargeBee, a San Francisco-based financial services firm that’s helping subscription-based businesses stay “agile and adapt their revenue operations workflows to… Read More

Fintech Sector in Turkey Continues to Grow Steadily with $64M in Investments Secured in 2021

The Istanbul Financial Center (IFC) has been able to attract many Fintechs during the past year. Turkey‘s Fintech industry has continued to develop with over $64 million in total investments being channeled towards various initiatives, according to an official report cited by the Daily Sabah…. Read More

Cardano (ADA) Developers Report Complete Decentralization, Smart Contracts, and NFT Updates

The team at IOHK, which supports the development of major blockchain platform Cardano (ADA), says that 2021 was the year robots, and “graffiti came to a decentralized, smarter Cardano.” The update posted by IOHK noted that Beeple used to illustrate their write-ups, however, art NFTs… Read More

Using Quantum Tech to Exploit Bitcoin (BTC) Protocol May be Theoretically Possible, but Quite Challenging in Practice: Report

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that advances in quantum computing are “stoking fears” that Bitcoin’s wallet structure is “vulnerable to exploits,… Read More

UK’s Financial Conduct Authority Issues Final Messages on LIBOR

That's All Folks The End Final

During a speech delivered earlier this month, Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision at the UK’s Financial Conduct Authority (FCA), went over the remaining actions companies must take, as the end of the year, when “the majority of LIBOR… Read More

SaaS Banking Platform Mambu Added 64 New Partners in Past Year to Deliver Enhanced Financial Experiences

The team at Mambu, a modern SaaS banking platform, says that it has been a solid year for them. It began with the announcement of their €110 million round of funding that was led by TCV, whose investments reportedly include Netflix and Spotify, and ended… Read More

BitMEX Continues to Rebuild with New CMO Hire

BitMEX, a crypto exchange in the derivatives market that is planning to soon add a spot market, has hired a new Chief Commercial Officer – Rupertus Rothenhaeuser. BitMEX has been in a rebuilding mode following the exit of its founder and former CEO Arthur Hayes… Read More

SlowMist Releases Comprehensive Blockchain Security Industry Review, Global Losses Surpassed $10B

SlowMist has shared their review of the blockchain security industry in 2021. The blockchain security firm reveals that international losses for the sector surpassed $9.8 billion. As mentioned in the update from SlowMist, 2021 was a year of “ups and downs” for the blockchain or… Read More

Global Payments Fintech Chipper Cash Is Planning to Grow its Professional Team in 2022, After Successful UK, US Expansion

Ham Serunjogi, Co-Founder & CEO at Chipper Cash, a venture-capital-backed Fintech firm that creates software to enable free and instant peer-to-peer cross-border payments, and solutions for businesses to handle online and in-store payments, notes that when him and Maijid and started Chipper Cash in 2018,… Read More

Capchase Is Focused on Deepening Presence in Europe so They Can Support Tech Entrepreneurs

The team at Capchase says they’re pleased to be deepening their presence in Europe alongside firms such as Sastrify and Calqulate, so that they can better support founders on their journey to “rapid yet deliberate growth.” Capchase explains that Slush is the most important technology… Read More

Working Capital Fintech C2FO Now Representing $10.5T in Annual Sales Across 160+ Countries, Hires New CMO

C2FO, which claims to be the world’s largest platform for working capital serving over 1 million businesses representing $10.5 trillion in annual sales across over 160 countries, recently revealed that Leslie Olsen has joined the firm as their chief marketing officer. In her new role,… Read More

Regtech Firm Uppsala Security to Expand its Operations to Cover NFT Custody Area

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security announced the expansion of their business in the NFT Custody area, a service that was “not available until now in South Korea.” As… Read More

More Money Is Pouring into Venture Capital than Ever Before, Valuations for Startups Getting Larger, Industry Professionals Reveal

Like any industry, venture capitalism is “a shifting landscape with ebbs and flows, though to be fair, it hasn’t really ‘ebbed’ lately,” according to a blog post by US Fintech Unicorn Brex. The VC industry has seen tremendous growth during the past few years—one that’s… Read More

Blockchain and DeFi Platform Waves Shares Business Strategy for 2022

The team at Waves, a blockchain technology platform focused on digital assets, DeFi, and NFTs, recently shared the main takeaways from community discussions during which the Waves ecosystem’s short-term plans and longer-term strategy were revealed. Waves founder Sasha Ivanov has talked about the Waves ecosystem’s… Read More

Bitcoin (BTC) Ends 2021 at $47.4K Avg Price, Up 4.3x from 2020’s Full-Year Avg: Report

Bitcoin (BTC) ended 2021 at an average price of $47,400, as Ray Dalio noted that BTC has “proven itself.” Meanwhile, MicroStrategy (Nasdaq: MSTR) continued to acquire more of the leading cryptocurrency to strengthen its corporate treasury, the team at Blockstream noted in a recent market… Read More

Fintech LiveFlow Introduces Feature Allowing Users to Drill Down into Reports without going back to QuickBooks

The team at London-based Fintech LiveFlow is pleased to share that they have launched a new feature which they think you’ll really love: “Drill down into your reports.” As explained in a blog post by LiveFlow, this feature allows clients to “drill into [their] financial… Read More

Insurtech Lemonade Redesigns App After Expanding Services to Life, Pet, Car Insurance

Lemonade (NYSE:LMND), the insurance firm that’s powered by AI and behavioral economics, notes that the end of the year 2021 is a time for “sitting back, taking stock, and reflecting on the past twelve months.” Although the Insurtech firm “doubtlessly” made a few mistakes along… Read More

Cross-Border Payments Fintech WorldRemit Shares Ways to Send Funds to Consumers Without a Bank Account

The team at WorldRemit, a UK-based digital cross-border payments firm, has shared ways to send money to people who don’t have a bank account. WorldRemit writes in a blog post that for many of us, having a bank account is “an everyday thing.” And yet,… Read More

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