Global

November 11, 2021 @ 8:16 am By Omar Faridi  |  

TrueLayer, the international Open Banking platform, has announced a new collaboration with investment platform Lightyear in order to provide instant account funding via Open Banking payments. Lightyear, established by ex-Wise professionals Martin Sokk and Mihkel Aamer, combines multi-currency accounts with unlimited access to 1,000+ international… Read More

November 11, 2021 @ 7:53 am By Omar Faridi  |  

Scila AB, the Stockholm-headquartered independent provider of trade surveillance, anti-money laundering and risk management tech, has established a new regional office in Singapore “covering the Asia-Pacific region.” As mentioned in a release, Scila has worked cooperatively with clients in the APAC region since 2009, and… Read More

November 11, 2021 @ 7:51 am By Omar Faridi  |  

An automatic online service should assist the United Kingdom’s 8 million financially vulnerable households which are currently missing out on £16 billion in benefits that may be owed to them. Not-for-profit lending platform Scotcash stated that its benefits calculator, offered by Inbest, an established Fintech… Read More

November 10, 2021 @ 9:43 pm By Tony Zerucha  |  

Global regtech company Clausematch this week launched a new document modification feature. The move was inspired by requests from the company’s core clients. The advanced functionality allows organizations to manage deviations to the original document and solve additional use cases while retaining governance and control… Read More

November 10, 2021 @ 3:23 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) has published its final report on the “Draft  Technical Standards under the European Crowdfunding Service Providers for Business Regulation.” As was previously reported, European Crowdfunding Service Providers Regulation (ECSPR) goes into effect today. This enables issuers to raise… Read More

November 10, 2021 @ 3:05 pm By Omar Faridi  |  

Rapyd, an international Fintech as a Service firm, has made new enhancements to its Disburse and Collect Platforms, offering end-to-end infrastructure for B2B companies to pay suppliers and sellers while “getting paid by customers around the world more efficiently.” As mentioned in a release shared… Read More

November 10, 2021 @ 11:27 am By JD Alois  |  

Harmonized European crowdfunding laws commence today (November 10, 2021). After years of engagement by industry leaders, largely due to the efforts of EuroCrowd, issuers may now utilize investment platforms to sell securities across all EU member states. The European Crowdfunding Service Providers Regulation (ECSPR) rules… Read More

November 10, 2021 @ 9:17 am By JD Alois  |  

Zilch, a London-based buy now, pay later (BNPL) Fintech, has closed on a $110 million services C funding round at a $2 billion valuation. Zilch last raised money in 2020 at a valuation of “just” $500 million. Zilch is claiming the title of the fastest… Read More

November 10, 2021 @ 8:44 am By Omar Faridi  |  

The developers of Sovryn, a Bitcoin-native app supporting decentralized lending, notes in a blog post that we are all in the middle of a truly historic transition from a global economy largely based on fiat money to an economic system based on crypto-assets and dominated… Read More

November 10, 2021 @ 8:27 am By JD Alois  |  

Assetz Capital has announced four new executives that have been hired to help drive the online lending platform to originate £1 per year of loans. The online lender specialises in commercial mortgages, bridging, and development finance, Assetz Capital also announced the full restarting of Retail… Read More

November 10, 2021 @ 8:19 am By Omar Faridi  |  

Crowdcube aims to become the very first platform to operate under new European Union regulations (European Crowdfunding Service Providers or ECSP). Crowdcube, a leading online investment marketplace, will now be “uniquely positioned” to assist even more Europe-based businesses with securing capital while promoting engagement, loyalty,… Read More

November 9, 2021 @ 10:01 pm By JD Alois  |  

Open banking platform TrueLayer has appointed Rob Hale as its Head of Banking in Australia. According to a note from TrueLayer, Hale was previously at Regional Australia Bank (RAB) where he was Chief Digital Officer. Hale is said to have aided Regional Australia Bank to… Read More

November 9, 2021 @ 9:51 pm By Omar Faridi  |  

Fintech Australia, a national association focused on supporting the financial tech space, has provided a free new map for Fintech companies. The map offers a list of investors that are active in the nation’s Fintech industry. As noted in the announcement, the map includes investors… Read More

November 9, 2021 @ 9:47 pm By Omar Faridi  |  

Enterprai, the AI-enhanced software-as-a-service (SaaS) workstation for international macro professionals, pioneering predictive analytics for FX and fixed income markets, has introduced a set of products offering macro portfolio managers, traders, and analysts “a new way to stay on top of financial markets.” Off the back… Read More

November 9, 2021 @ 10:58 am By JD Alois  |  

A digital pound is taking another step forward, according to a statement by the UK government. HM Treasury and the Bank of England have announced a forthcoming consultation to set out their assessment of the case for a UK central bank digital currency or CBDC…. Read More

November 9, 2021 @ 10:50 am By Omar Faridi  |  

After a lot of hard work, rigorous testing, and steady support from their partners and the developer community, Crypto.com is pleased to confirm the introduction of the Cronos mainnet beta (on November 8, 2021). Cronos is reportedly the first Cosmos Ethereum Virtual Machine or EVM… Read More

November 9, 2021 @ 9:09 am By JD Alois  |  

Boosted by the rapid rise of Bitcoin and Ether, crypto markets are now valued at more than $3 trillion. It was only this past August when crypto markets surpassed $2 trillion in value so the gain has been pretty spectacular. Both Bitcoin and Ether have… Read More

November 9, 2021 @ 8:41 am By JD Alois  |  

Draper Esprit (LSE:GROW) is rebranding to Molten Ventures. Draper Esprit trades on the London Stock Exchange as well as the Euronext Growth Market in Dublin, and is included in the FTSE 250. The venture capital firm has invested in numerous Fintechs including companies like Revolut,… Read More

November 9, 2021 @ 7:49 am By Omar Faridi  |  

The Open Banking Implementation Entity (OBIE) has announced that it’s looking to appoint an independent Non-Executive Director (iNED) to its Board. As mentioned in the announcement, Open Banking enables consumers and SMEs to share their bank account details in a secure manner with trusted third-parties… Read More

November 9, 2021 @ 7:42 am By Omar Faridi  |  

Klarna, the international retail bank, payments and shopping service with 90 million users across the globe, has officially launched operations in Ireland today. As mentioned in the announcement, Klarna will aim to empower Irish consumers with a better overall shopping experience and improved control, transparency… Read More