Global

October 25, 2021 @ 4:48 pm By Omar Faridi  |  

Sysnet Global Solutions, a provider of cybersecurity and compliance solutions, reveals that it has acquired SecureTrust, a division of Trustwave, in order to expand its cybersecurity solutions and accelerate its ongoing market expansion. SecureTrust, a provider of Payment Card Industry (PCI) compliance, aims to offer… Read More

October 25, 2021 @ 4:07 pm By Omar Faridi  |  

Assemble Protocol (ASM) is now available on Coinbase and in the Coinbase Android and iOS apps for trading. Coinbase clients are able to trade, send, receive, or store ASM tokens in “most Coinbase-supported regions, with certain exceptions indicated in each asset page here.” Trading for these… Read More

October 25, 2021 @ 2:45 pm By Omar Faridi  |  

VisionLabs, the facial recognition company, has announced the launch of its biometric payment hardware — the VisionLabs LUNA POS Terminal. The certified terminal is the first payment device to enable traditional credit card payments and biometric facial recognition payments. With six design and three utility… Read More

October 25, 2021 @ 11:03 am By JD Alois  |  

Crowdcube, a leading investment crowdfunding platform operating in the UK and continental Europe, has posted an update on platform performance. According to CEO and founder Darren Westlake, Crowdcube generated £3 million in top-line revenue during Q3 – down slightly from the £3.2 million generated in… Read More

October 25, 2021 @ 10:45 am By Omar Faridi  |  

YieldStreet, an investment crowdfunding platform for alternative assets, notes that they were founded on the principle that “access to and the distribution of income-generating investment products was fundamentally broken.” Yieldstreet’s primary goal is to offer investors access to alternative investments across asset classes that were… Read More

October 25, 2021 @ 10:08 am By JD Alois  |  

FTX US (West Realm Shire Services Inc.), a digital asset marketplace affiliated with fast-growing crypto exchange FTX Trading, says it has finalized its acquisition of Ledger Holdings Inc., the parent company of LedgerX LLC. The FTX said it has also rebranded LedgerX to FTX US… Read More

October 25, 2021 @ 9:51 am By JD Alois  |  

Berlin-based BNPL (Buy Now Pay Later) Billie has raised $100 million at a $640 million valuation according to a note from the Fintech. Simultaneously, Billie said it had received refinancing lines of $200 million per month. The capital will be provided by a consortium of German… Read More

October 25, 2021 @ 9:31 am By Omar Faridi  |  

Online pension provider, PensionBee (LON:PBEE) reveals that they now have more than 100,000 invested customers. We're pleased to announce that PensionBee now has over 100,000 Invested Customers! 🎉💛 pic.twitter.com/T3Ya2Ej1JE — PensionBee UK (@pensionbee) October 21, 2021 As previously reported, PensionBee is a leading online pension provider,… Read More

October 25, 2021 @ 9:21 am By JD Alois  |  

Seedrs, a top European online investment platform with global aspirations, has launched a Private Deal Room catering to high net worth (HNW) individuals, angels, and sophisticated investors. In an email, Seedrs said they “believe the Seedrs Private Deal Room will help allow a new generation… Read More

October 25, 2021 @ 9:05 am By Omar Faridi  |  

EstateGuru, a property-backed loan marketplace catering to retail investors, notes that in September 2021, they came very close to “breaking the record set in March 2021, financing 95 loans worth a total of €21.2 million.” The team at EstateGuru writes in a blog post that… Read More

October 25, 2021 @ 8:55 am By Tony Zerucha  |  

European SME lender October began by building a product for internal use, but the industry needed it too, so they branched out, COO Patrick de Nonneville said. October was founded in 2015 after de Nonneville had been looking at some Fintech investments in Europe. It… Read More

October 25, 2021 @ 8:38 am By Omar Faridi  |  

UK’s Wesleyan Bank reveals that Australia-based Fintech firm Sandstone Technology is now a  digital partner to enhance its platform for individuals and small business clients. Sandstone Technology front-end virtual banking solutions offer an intuitive banking experience across multiple channels for personal and business applications. Equipped… Read More

October 25, 2021 @ 7:40 am By Omar Faridi  |  

Corporate credit card Fintech Brex has reportedly seen its valuation surge to $12.3 billion after securing an additional $300 million in capital. No formal announcement has been made about Brex’s latest investment round, however, a term sheet has reportedly been finalized on the raise, according… Read More

October 25, 2021 @ 7:38 am By Omar Faridi  |  

After a “positive jump” in the Bondora portfolio during the month of August 2021, originations had slightly lower return rates “as a whole in September.” European P2P lender Bondora also mentioned that originations still “show good returns when compared to their target rates.” Here are… Read More

October 24, 2021 @ 6:07 pm By Omar Faridi  |  

The Kava 9 mainnet upgrade is coming, and it’s bringing several key changes aimed at further expanding the Kava Ecosystem by adding more ways for users and projects to bring their assets to Kava. As mentioned in a blog post by the team at Kava… Read More

October 24, 2021 @ 5:56 pm By Omar Faridi  |  

Pagaya Technologies Ltd., a financial technology firm that enables financial institutions to expand access to more clients via its artificial intelligence network, announced earlier this week that it formed a new partnership with SoFi (NASDAQ: SOFI), the digital personal finance company. The new partnership will… Read More

October 24, 2021 @ 5:17 pm By Omar Faridi  |  

The team at Security Token Market (STM) has released their first-ever tokenized stock report. STM notes that most industry participants or observers are familiar with security tokens, or digitized assets in equity, fixed income, real estate, investment fund shares, commodities, and structured products “traded and… Read More

October 24, 2021 @ 4:53 pm By Omar Faridi  |  

A newly developed investment app has been introduced in the US. Like most other services, it also promises to better serve retail clients and offer engaging social investment opportunities. AleFi‘s management explains that they allow subscribers to view portfolios shared by professional or highly experienced… Read More

October 24, 2021 @ 4:27 pm By Omar Faridi  |  

The team at P2P lender Robo.cash notes that the popularization of the secondary market in the European markets has surged considerably this year, exceeding the activity in 2020. As for Robo.cash, every month since 2020, the volume of secondary market transactions has “grown by an… Read More

October 24, 2021 @ 4:04 pm By Omar Faridi  |  

The team at digital assets firm Binance notes that the crypto and blockchain industry has grown considerably during the past few years, both from a technology adoption and “new user perspective.” When they launched Binance, they decided that it would be their “unwavering” commitment to… Read More