Global

October 30, 2021 @ 4:18 pm By Omar Faridi  |  

F10 Spain has announced 10 high-potential startups that are joining the second cohort of its Incubation Program in Barcelona. Chosen from over 180 national and global applications, this batch aims to bring innovative business models and trends, includes more female founders and “a good mix… Read More

October 29, 2021 @ 3:38 pm By JD Alois  |  

CoinSmart Financial Inc., a digital asset trading platform has announced that its wholly-owned operating subsidiary Simply Digital Technologies Inc. is now registered as a restricted dealer under securities laws across Canada. CoinSmart notes that it is one of a few platforms that trade crypto to… Read More

October 29, 2021 @ 8:23 am By Omar Faridi  |  

The team at digital asset platform Bitpanda notes that they’re pleased to welcome Joshua Barraclough on board, as Chief Executive Officer of Bitpanda Pro. As mentioned in the update, Josh joins Bitpanda from J.P. Morgan with “the ambitious goal of turning Pro into the number… Read More

October 29, 2021 @ 7:50 am By Omar Faridi  |  

LHV UK, the financial and payment services platform for Fintechs, is forming a partnership with Tuum, the modular Core banking platform providing back-end systems which aim to support transactional retail and business banking. Through the partnership, Tuum will aim to provide a single API-powered payments… Read More

October 29, 2021 @ 7:25 am By Omar Faridi  |  

After their initial announcement of GoCredit going live on Mintos on August 13, 2021, the team is pleased to confirm that Mintos has “finalized” the Master Trust structure with the lending firm. GoCredit is reportedly the second firm on Mintos (along with Alivio Capital) to… Read More

October 28, 2021 @ 10:10 pm By Omar Faridi  |  

EBANX, a Fintech firm for payment solutions in Latin America, confirms that it has finalized the acquisition of Juno, a Brazilian payments firm that enables e-commerce via billing and banking services in the South American country. Juno, one of the key players in the domestic… Read More

October 28, 2021 @ 8:05 pm By JD Alois  |  

Investree, an online lender based in Indonesia, has raised $10 million that will be utilized to provide services to SMEs. The funding came from responsAbility Investments, an asset manager from Switzerland that focuses exclusively on sustainable investment. Additionally, Accial Capital, a tech-enabled investor in fintech… Read More

October 28, 2021 @ 3:48 pm By Omar Faridi  |  

Staircase AI, a pioneer in relationship intelligence, has confirmed the completion of its $4 million seed round. The firm acquired funding from StageOne Ventures, a VC fund that’s focused on addressing major enterprise challenges, and Disruptive AI, an early-stage VC that specializes in artificial intelligence…. Read More

October 28, 2021 @ 11:08 am By JD Alois  |  

GenoCrowd has successfully closed on its first securities offering to provide financing for a building in Leipzig, Germany. GenoCrowd is a partnership platform between Raiffeisenbank im Hochtaunus and CrowdDesk. The online investment platform announced its first securities offering for the property this past August. GenoCrowd… Read More

October 28, 2021 @ 10:39 am By JD Alois  |  

BritYard, an online department store that exclusively offers unique British brands, is looking for growth capital on Seedrs. BritYard has set a funding target of £220,000 on a pre-money valuation of £1 million. Currently, BritYard has raised over £159,000 from 28 investors in the seed… Read More

October 28, 2021 @ 10:02 am By JD Alois  |  

PensionBee, a Fintech offering pension services, has integrated Plaid – a leading open banking provider. According to PensionBee, the partnership will expand the remit of Open Banking to include pensions, transforming the traditionally complex process. PensionBee previously offered open APIs but this will be an… Read More

October 28, 2021 @ 9:51 am By JD Alois  |  

Digital bank Zopa has agreed to power Tesco Bank’s online auto financing service. According to a note from Zopa, the partnership enables the Hire Purchase car finance online, helping customers to finance a car in as little as three minutes. Zopa notes there are around… Read More

October 28, 2021 @ 9:43 am By Omar Faridi  |  

dLocal, a tech-first payments platform that enables enterprise merchants to connect with  consumers in emerging markets, has introduced its latest developments for risk management. The first product in the stack is Smart Defense, which is described as an advanced, custom-built solution that combats fraud by… Read More

October 28, 2021 @ 8:36 am By Omar Faridi  |  

Zolve, a neobank enabling international access to financial services, has announced the closing of $40 million in Series A funding. Zolve‘s investment round has been led by Partners of DST Global, who have previously led rounds in Fintech firms like Robinhood, Nubank, Chime, Revolut, and… Read More

October 28, 2021 @ 8:31 am By Omar Faridi  |  

Accenture (NYSE: ACN) has reportedly acquired BCS Consulting, a UK-based management consultancy that provides complex business change for financial services companies. With head offices in London, BCS Consulting’s 250 strong team joins Accenture’s U.K. Financial Services Strategy and Consulting practice, the announcement noted while adding… Read More

October 27, 2021 @ 11:15 pm By Tony Zerucha  |  

  Bosonic’s layer 2 blockchain infrastructure will be a clear player in digital asset markets because it addresses the key issues of counterparty credit and settlement risk, founder and CEO Rosario Ingargiola said. The company draws from Ingargiola’s two decades of experience with building algorithmic,… Read More

October 27, 2021 @ 10:39 pm By Omar Faridi  |  

Quadient (Euronext Paris: QDT), and Flywire Corporation (NASDAQ: FLYW)  announced a collaboration to automate and digitize B2B payments internationally. Through the partnership, Quadient’s Cloud-powered accounts receivable (AR) management and automation solution, YayPay by Quadient, will reportedly be extending Flywire’s virtual payment solutions to its B2B… Read More

October 27, 2021 @ 10:36 pm By Tony Zerucha  |  

Banking software company Temenos today announced microfinance company Barko Financial Services plans to enter the retail banking market in South Africa with a new digital bank built on Temenos Transact and powered by The Temenos Banking Cloud. Barko will leverage the full front-to-back services, giving… Read More

October 27, 2021 @ 4:58 pm By Omar Faridi  |  

XDEFI Wallet introduced its utility token $XDEFI, which is reportedly the latest token to be created by Delphi Digital ($AXS, $YGG, $PERP). The $XDEFI utility token will aim to support the larger XDEFI Wallet ecosystem including funding various decentralized finance (DeFi) and NFT projects. Token… Read More

October 27, 2021 @ 12:40 pm By JD Alois  |  

“We are making this country a modern science and technology superpower,” Rishi Sunak, Chancellor of the Exchequer. The Autumn Budget 2021 was unveiled today as UK Chancellor of the Exchequer Rishi Sunak took the podium in Parliament to sell his vision. Once again, the Budget… Read More