Global

November 6, 2021 @ 2:24 pm By Omar Faridi  |  

Quartr, which is the app that gives investors on-the-go access to company details, has secured $4.5 million via a seed round from prominent investors. The firm’s investment round has reportedly been led by The Öhman Group with established investors such as Michael Batnick, Ben Carlson,… Read More

November 6, 2021 @ 1:13 pm By Omar Faridi  |  

As the airline industry works to bring consumers back on board, it is challenged with protecting passengers, brand and revenue. In order to streamline takeoff, Visa’s (NYSE: V) international payment and fraud management platform, Cybersource, confirmed that it has joined the International Air Transport Association… Read More

November 6, 2021 @ 11:56 am By Omar Faridi  |  

Argentina-based Fintech firm Ualá is reportedly expanding its operations and overall presence in Mexico via the acquisition of domestic bank, ABC Capital. The transaction, which is currently subject to government approval, should allow Ualá to move into different business segments. Pierpaolo Barbieri, CEO at Ualá,… Read More

November 5, 2021 @ 6:25 pm By Tony Zerucha  |  

Payment platform Cashflows and digital commerce platform Big Commerce this week announced an agreement which will see Cashflow tools integrated into the Big Commerce platform. Cashflows’ Hosted Payment Page and Gateway API have been integrated into BigCommerce to enable merchants to move online and accept… Read More

November 5, 2021 @ 3:41 pm By Omar Faridi  |  

Montis Digital, the Archax subsidiary that’s mainly focused on creating digitally-native post-trade infrastructure, has announced the expansion of its senior management team, with the appointment of Steve Higgins and David Gest. Steve Higgins is reportedly joining the Montis team as Head of Operations. He will… Read More

November 5, 2021 @ 12:47 pm By Omar Faridi  |  

Confluence Technologies, Inc., an international tech solutions provider helping the investment management industry solve complex investment data challenges, reveals that it has agreed to acquire Investment Metrics for $500 million. Investment Metrics is a provider of investment data, performance, analytics and research software solutions that… Read More

November 5, 2021 @ 12:13 pm By JD Alois  |  

EstateGuru, an online investment marketplace that matches borrowers to investors with secured debt securities, has topped 100,000 investors, according to a post by its Chief Operating Officer. Mihkel Stamm, who is a member of the Board as well as COO of EstateGuru, posted: “Today, we… Read More

November 5, 2021 @ 11:36 am By JD Alois  |  

British Business Investments has committed £5 million to Green Angel Syndicate, a green investor that supports early-stage UK firms. British Business Investments is a subsidiary of government-backed British Business Bank. According to a note from British Business Investments, the funding was made via the Regional Angels Programme,… Read More

November 5, 2021 @ 11:01 am By JD Alois  |  

Tokeny, a digital asset platform that supports tokenization and digital securities, has aided in the migration of Enegra from Ethereum to Polygon blockchain. Enegra is a commodities trading firm with approximately $28 billion in net asset value (NAV). Enegra Group Ltd, incorporated in Malaysia, enables… Read More

November 5, 2021 @ 8:36 am By Omar Faridi  |  

TraderMade, which claims to be one of the United Kingdom’s leading international specialists in financial market data, has confirmed the launch of a forex data API portal – which allows users to effectively manage their own data plans. As noted by TraderMade’s management: “We have… Read More

November 5, 2021 @ 8:27 am By Omar Faridi  |  

Northern Bank Ltd, doing business as Danske Bank UK, is confirming that it has teamed up with the European Open Banking platform, Aiia (acquired by Mastercard) to provide digital solutions to help its 20.000+ business and corporate clients via its business banking platform, District. The… Read More

November 4, 2021 @ 5:47 pm By JD Alois  |  

Investment crowdfunding platform Republic is on a roll. After launching in 2016 as a funding portal providing access to capital to early-stage firms under Reg CF, Republic is now catering to both accredited and non-accredited investors while managing a growing number of investment verticals and… Read More

November 4, 2021 @ 2:50 pm By Omar Faridi  |  

Online lending platform Jaja Finance Ltd reveals that a consortium of investors, who are led by shareholder KKR and including entities owned by investment funds being managed by TDR Capital LLP, have entered an agreement with Jaja to become majority shareholders of the business. This… Read More

November 4, 2021 @ 2:48 pm By Omar Faridi  |  

London Stock Exchange Group (LSEG) and the Japan Exchange Group (JPX) are expanding their partnership by implementing climate indices based on the TOPIX 500, which offers diversified exposure across Japan’s stock market. LSEG’s index division, FTSE Russell, JPX and the Tokyo Stock Exchange (TSE) are… Read More

November 4, 2021 @ 12:23 pm By Omar Faridi  |  

Xantos Labs, the investment adviser for everyday people, has announced its plans for global expansion following its partnership with Currencycloud, a Fintech firm that is simplifying business in a multi-currency world. For several years, Xantos Labs has been offering its “transparent” and “pragmatic” investment advice… Read More

November 4, 2021 @ 11:19 am By Omar Faridi  |  

Klarna, the international payments provider and shopping platform, has unveiled its new all-in-one or comprehensive shopping app across Klarna markets. As the app economy grows, today consumers “face an increasingly cluttered and confusing landscape of e-commerce apps – this is frustrating and time-wasting for the… Read More

November 4, 2021 @ 10:47 am By JD Alois  |  

CryptoCompare has received the approval of the UK Financial Conduct  Authority (FCA) to act as a Benchmark Administrator. The company notes that it is only the second crypto-based firm to garner this approval. A Benchmark Administrator is an entity that has the authorization to carry… Read More

November 4, 2021 @ 10:35 am By JD Alois  |  

Latam Fintech PayU says it will hit $8 billion and 300 million transactions in 2021. PayU says it has experienced an 80% user growth since 2019. PayU is a is the payments and Fintech business of Prosus and a leading online payment service provider, operating… Read More

November 4, 2021 @ 10:24 am By Omar Faridi  |  

If you’re running a UK-based business and routinely have to send, receive or hold euros or dollars, then Starling Bank’s multi-currency accounts can save you time, money, effort, and stress. Whether it’s sending payments to suppliers based in Italy or receiving payments from customers in… Read More

November 4, 2021 @ 8:21 am By Omar Faridi  |  

Germany’s technology subscription platform Grover is partnering with Solarisbank and Visa (NYSE: V) in order bring embedded finance into its product offering. This initiative has been introduced in order to support a societal shift towards the circular economy, the announcement noted. The Grover Card is… Read More