Global

November 17, 2021 @ 10:55 am By JD Alois  |  

Balderton Capital, a venture capital firm that has backed numerous Fintechs, says it has raised $600 million in a new fund focused on early-stage European firms. This is its second fund for 2021. In the past two decades, Balderton has raised around $4.5 billion across… Read More

November 17, 2021 @ 10:41 am By JD Alois  |  

Neobank Revolut is now covering period costs for Metal Card users, according to a release. Revolut said it had formed a partnership with Yoppie, to help cover period costs with Yoppie’s organic menstrual care products. Metal customers will earn up to £5 cashback from buying… Read More

November 17, 2021 @ 10:05 am By JD Alois  |  

Fort Ross Ventures has closed on a $200 million fund that targets late stage, Series D, investments. Fort Ross has backed multiple high profile Fintechs including Roofstock, LendingHome (now Kiavi), eToro and more. Fort Ross notes that in addition to a strong footprint in the… Read More

November 17, 2021 @ 9:07 am By Omar Faridi  |  

Confluence Technologies, Inc., an international tech solutions provider assisting the investment management sector with addressing complex investment data challenges, has  announced it has “secured a multi-year agreement” with FundHero S.A., a Luxembourg-headquartered fund service company, that will “combine Confluence’s Cloud-based Revolution platform with its own… Read More

November 17, 2021 @ 8:21 am By JD Alois  |  

Yapily, an open banking platform, has expanded into Spain, according to a company statement. Yapily notes that it already can cover over 95% of Spanish bank accounts, both retail and commercial, at 52 banks. Yapily recently raised $51 milion in Series-B funding and said it… Read More

November 17, 2021 @ 7:46 am By Omar Faridi  |  

London-headquartered payments service provider SumUp has announced the introduction of a Business Account solution for its merchants in the United Kingdom and nearly a dozen European markets. As mentioned in a release shared with CI, the Business Account from SumUp is “central to the evolution… Read More

November 16, 2021 @ 9:05 pm By Omar Faridi  |  

A firm’s ESG ratings have become increasingly important to investors and shareholders and achieving an accurate understanding of those ratings has become quite complex and time-consuming. In order to assist firms with better understanding and monitoring their ESG ratings, Broadridge Financial Solutions (NYSE: BR), an… Read More

November 16, 2021 @ 4:28 pm By Omar Faridi  |  

Market participants are currently able to apply their environmental, social, and governance (ESG) principles to the assets they’re willing to “accept as collateral,” utilizing ESG Data Analytics provided by BNY Mellon (NYSE: BK). As mentioned in the announcement: “In a milestone development for the collateral… Read More

November 16, 2021 @ 12:42 pm By Omar Faridi  |  

Newt Corporation is pleased to confirm the signing of an agreement with Blackhawk Network in order to operate the software-as-a-service or SaaS payment platform that “enables Blackhawk to provide digital products and services to BBVA, the largest financial institution in Mexico.” Sergio Maya Aleman, CEO… Read More

November 16, 2021 @ 12:36 pm By JD Alois  |  

NFTfi, a marketplace for non-fungible token (NFT) collateralized loans, says it has raised a $5 million Series A funding round. According to NFTfi, the round was led by 1kx, an early-stage crypto fund and will allow NFTfi to grow its operations, marketing, and product development… Read More

November 16, 2021 @ 10:29 am By JD Alois  |  

LedgerEdge, a digital corporate bond trading marketplace, has hired senior fixed-income executive Dom Holland to take the role of Business Development for the US. Holland will report to new CEO Michelle Neal. Holland brings over 15 years of senior leadership to his new role. He… Read More

November 16, 2021 @ 10:23 am By JD Alois  |  

Paysend, a payments Fintech, says that it has topped 5 million customers with 500,000 arriving in the past 6 months. Paysend, founded 5 years ago, claims to be one of the fastest growing Fintechs in the world. Paysend’s platform is designed to remove the need… Read More

November 16, 2021 @ 8:26 am By Omar Faridi  |  

UK-based digital banking platform, Starling Bank has reportedly acquired a mortgage book valued at about £1 billion as the Fintech tries to challenge the United Kingdom’s established banks. Starling Bank has reportedly obtained the home loans portfolio from Kensington Mortgages, which offers financing for clients… Read More

November 16, 2021 @ 8:24 am By Omar Faridi  |  

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

November 16, 2021 @ 7:28 am By Omar Faridi  |  

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 in a blog post published on Monday (November 15) that for the week ending November 12,… Read More

November 16, 2021 @ 7:24 am By Omar Faridi  |  

On November 14th, 2021, block height 709,632, Bitcoin’s (BTC) Taproot upgrade was activated. This critical update brings with it several important enhancements to the overall flexibility, security, and efficiency of BTC transfers. And as Bitcoin’s first protocol upgrade in more than 4 years, it’s a… Read More

November 16, 2021 @ 6:58 am By Omar Faridi  |  

TP ICAP Group, a provider of market infrastructure, reveals that it has appointed Sebastien Rozes to serve as Regional CEO for the EMEA region, currently subject to approval from the UK Financial Conduct Authority (FCA). Sebastien, based out of London offices, is an experienced financial… Read More

November 15, 2021 @ 11:07 pm By Omar Faridi  |  

Finastra has entered into a partnership with Hexaware Technologies  in order to offer managed services for Finastra’s payments solutions deployed via the Cloud. As mentioned in the announcement, the move should assist Hexaware clients in Germany, Belgium, the United Kingdom and Ireland with taking ownership… Read More

November 15, 2021 @ 10:47 pm By Omar Faridi  |  

Whale Cloud, a tech firm offering software solutions and services for telecommunications and several other industries has formed a partnership with Toka Fintech, a Mexican financial group, in order to assist with creating its own virtual payment app with Alipay+ Digital Wallet Solution, providing consumers… Read More

November 15, 2021 @ 10:32 pm By Omar Faridi  |  

The Central Bank of the UAE (CBUAE) and Bank Indonesia (the Central Bank of the Republic of Indonesia) have reportedly entered a Memorandum of Understanding (MoU) in order to expand mutual co-operation. The bilateral MoU will be including three key areas, focusing on digital innovation… Read More