Global

December 20, 2021 @ 10:25 am By Omar Faridi  |  

Recent analysis from online pension provider, PensionBee, has revealed that if Brits diverted half of the money they’re expected to spend this Christmas to their pensions, they could be “as much as £1,442 better off by the time they reach retirement.” This amount could “increase… Read More

December 20, 2021 @ 9:41 am By Omar Faridi  |  

Digital assets firm Kraken notes that they’re pleased to confirm that their cryptocurrency trading platform now supports the Avalanche (AVAX) C-Chain. Funding and Trading Funding is currently live, and trading is scheduled to start on Tuesday, December 21, 2021 — at which point Kraken will… Read More

December 20, 2021 @ 9:00 am By Chantelle Arneaud  |  

Our third year of living with Covid-19 is about to start. Given the new omicron variant, we anxiously wait to see if it causes a spike in infection, which may cause a downward turn in economic growth. What does this mean for equity fundraising in… Read More

December 20, 2021 @ 8:15 am By Omar Faridi  |  

The team at Trezeo is pleased to confirm that their business has been acquired by European Fintech Monese. As mentioned in the update from Trezeo, Monese provides easily accessible, mobile money accounts to millions across Europe and is “aimed at the rapidly scaling untraditional workforce:… Read More

December 20, 2021 @ 7:42 am By Omar Faridi  |  

2021 continued to be another “unprecedented year in the financial services industry,” according to an update from payments specialist Banking Circle. The team at Banking Circle points out that not only did the impact of COVID-19 “continue to accelerate change, but a number of new… Read More

December 19, 2021 @ 11:54 pm By Omar Faridi  |  

After two months of declining, Secondary Market activity on Bondora has reportedly picked up again, albeit “with a very slight 2%.” As mentioned in an update from Bondora, a total of €257,149’s worth of transactions “took place in November, compared to €252,126 in October.” Bondora… Read More

December 19, 2021 @ 10:58 pm By Omar Faridi  |  

The British Business Bank has announced an increase to business lender Simply’s ENABLE Funding facility. In total, the facility will reportedly offer £300 million of funding to SMEs across the United Kingdom. This is notably the largest facility under the British Business Bank’s ENABLE Funding… Read More

December 19, 2021 @ 10:46 pm By Omar Faridi  |  

HERMESNET, which aims to automate a manual legacy in private equity (PE), has acquired 96% (£145,211) of its £150,000 fundraising target from 107 investors. HERMESNET has secured capital via its crowdfunding campaign being carried out through Crowdcube (with 24 days left in the sale at… Read More

December 19, 2021 @ 10:41 pm By Omar Faridi  |  

DeadHappy, which is the “home of the deathwish” and changing attitudes to death… “one deathwish at a time,” has secured 104% (£5,326,640 from 443 investors) of its £5,100,007 target with 24 days left in its crowdfunding campaign being carried out via Seedrs. Based in Leicester,… Read More

December 19, 2021 @ 9:50 pm By Omar Faridi  |  

Marieke Flament, the Chief Executive at NatWest’s virtual bank for businesses, is reportedly getting ready to leave her role after two and a half years. Flament will be joining Switzerland-headquartered blockchain foundation NEAR as the CEO, she confirmed in statements shared with Reuters. The non-profit… Read More

December 19, 2021 @ 5:21 pm By Omar Faridi  |  

As part of its drive to innovate across its payments processing platform, Checkout.com  announced the appointment of Meron Colbeci as its new Chief Product Officer. As the former head of consumer product management at Novi—Meta‘s Fintech product group—and an ex- senior product leader at SoFi… Read More

December 19, 2021 @ 5:18 pm By JD Alois  |  

Coinweb has raised $4 million in funding. Coinweb is a layer-2 cross-chain computation platform that aims to solve some of the most critical problems that currently exist within distributed ledger technology. The strategic funding round includes the participation of KuCoin Labs, Morningstar Ventures, Panda Capital,… Read More

December 19, 2021 @ 5:05 pm By JD Alois  |  

SEBA Bank, a Switzerland digital asset bank regulated by FINMA, has launched a gold token. This digital asset represents physical gold and has rights for physical delivery. The SEBA Bank Gold Token is designed to simplify the process of investing in gold as a digital… Read More

December 19, 2021 @ 2:40 pm By Xu Gao  |  

JD Cloud Sets Up a New Digital Economy Company with Scope of Business in Data Processing and Storage Support Services. As shown on enterprise information query platform Tianyancha.com, JD Cloud, the cloud computing brand of JD.com, has established a new digital economy Co., Ltd on… Read More

December 19, 2021 @ 1:51 pm By Omar Faridi  |  

Mastercard (NYSE: MA) welcomes its new wave of startups to its Start Path startup engagement program. Start Path alums have shared their industry insights into the top trends of this year and what they’ve learned from a challenging year. The international economy continued its recovery… Read More

December 19, 2021 @ 11:43 am By Omar Faridi  |  

Starting from December 17, 2021, Amazon clients in the United Kingdom will have access to a new, flexible payment method – Instalments by Barclays, helping them to “finance purchases of £100 or more on amazon.co.uk.” As mentioned in the announcement, the reusable credit account may… Read More

December 19, 2021 @ 11:41 am By Omar Faridi  |  

Mintos says it’s introducing a “responsible” investing requirement for all automated investments “in line with MiFID II.” The company notes that as investors will be able to invest in Notes in a regulated environment on Mintos, they are introducing “a responsible investing requirement for all… Read More

December 19, 2021 @ 11:39 am By Omar Faridi  |  

VIP$ Coin (VIP$), which claims to be an asset backed and blockchain-powered cryptocurrency, has reportedly been holding discussions with the Mexican government in order to look into the possibility of supporting the nation’s economy with a decentralized currency. In a letter sent to VIP$ Coin’s… Read More

December 18, 2021 @ 3:30 pm By Omar Faridi  |  

We recently caught up with Roxana Mohammadian-Molina, Chief Strategy Officer at UK’s Blend Network, a specialist development finance lender. Blend Network‘s Roxana Mohammadian-Molina talked about some of the landmark projects that they’ve helped out this year. She also commented on what her team is doing… Read More

December 18, 2021 @ 3:21 pm By Omar Faridi  |  

BitOoda, an international digital asset financial technology & services platform offering risk management solutions, best-execution brokerage & expert market analysis, notes that Bitcoin declined 3.3% week-on-week, settling at around $48,830 as of midnight UTC on December 15, but has now dropped further to about $46,300 at… Read More