Global

November 30, 2021 @ 8:07 pm By Omar Faridi  |  

London’s Clear Junction has announced that it’s offering solutions to Paynet which aim to support its vision for cross-border payments services from European markets into Moldova. Paynet is reportedly the first digital wallet platform operating in Moldova. It runs one of the most extensive payments… Read More

November 30, 2021 @ 7:54 pm By Omar Faridi  |  

DNA Payments Group, an independent, vertically-integrated omnichannel payments platform operating in the United Kingdom and the EU, is pleased to confirm the appointments of Lloyd Hutchinson as the Group’s Chief Commercial Officer and Andras Mecser as Chief Financial Officer. A graduate of the University of… Read More

November 30, 2021 @ 7:41 pm By Omar Faridi  |  

Westpac is bringing its enhanced mobile app to Android clients, as the COVID-19 outbreak continues to accelerate the adoption and usage of virtual banking services. The app from Westpac makes it quicker, convenient, and a lot more secure for clients to effectively manage their funds,… Read More

November 30, 2021 @ 3:07 pm By Omar Faridi  |  

Mexico is one of the fastest-growing economies in the world, but its local businesses still struggle to access credit without super-high fees and tedious paperwork. Mastercard (NYSE: MA) and Jeeves, the financial partner for Mexican businesses, have teamed up to address this issue by introducing… Read More

November 30, 2021 @ 11:31 am By JD Alois  |  

Earlier this month, the European Crowdfunding Service Providers Regulation (ECSPR) went into effect across the entire European Union. A dramatic step forward in removing internal borders in regards to capital formation, and part of the overall Fintech Action plan, the regulation allows firms in need… Read More

November 30, 2021 @ 9:57 am By Omar Faridi  |  

Credit Suisse (SWX: CSGN) has revealed that the use of its all-digital platform has increased significantly since its launch in October of last year. Although not only about private banking, the numbers shared by Credit Suisse indicate a key trend now that’s taking hold in… Read More

November 30, 2021 @ 9:03 am By JD Alois  |  

The French Autorité des Marchés Financiers (AMF) is out with a report that highlights the interest of retail investors in the financial markets. A follow on report to a prior study in April 2020, the AMF states that trading volumes in regulated financial instruments have… Read More

November 30, 2021 @ 8:30 am By Omar Faridi  |  

Crypto.com Exchange has announced that it’s working with Silvergate, the provider of financial infrastructure solutions to the virtual currency industry, in order to introduce USD deposits and withdrawals to its institutional clients. As mentioned in an update shared with CI, this integration is “an additional… Read More

November 30, 2021 @ 8:19 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (November 29) that for the week ending November 26,… Read More

November 30, 2021 @ 8:15 am By Omar Faridi  |  

AJ Bell will be making investing a Dodl with the introduction of an easy-to-use, commission-free mobile app. The new, app-only investment platform called Dodl by AJ Bell will feature the following: Annual charge of 0.15% Purchase/sell investments with no commission Complete range of tax wrappers… Read More

November 30, 2021 @ 2:00 am By JD Alois  |  

OurCrowd, a global online investment platform, has released its OurCrowd High-Tech Jobs Index Q3 2021. According to the index that measures job demand, openings at OurCrowd portfolio companies jumped by 244% year over year. But following this period of robust growth, many early-stage firms anticipate… Read More

November 29, 2021 @ 9:23 pm By Omar Faridi  |  

Laleta Buctkuar notes that she recently joined UK’s Assetz Capital in June of this year, “specifically to focus on bridging products and distribution.” Laleta shared that she began working in financial services more than 20 years ago. Laleta also noted that she had a part-time… Read More

November 29, 2021 @ 5:41 pm By Omar Faridi  |  

Eleving Group (previously doing business as Mogo Finance) has shared its unaudited results for the nine months of 2021, “conclusively determining the company’s course to the best financial year in its history.” As mentioned in a blog post published by the Mintos team, the group’s… Read More

November 29, 2021 @ 4:10 pm By Omar Faridi  |  

Online marketplace lender October is currently active in five European nations. October CEO and Founder Olivier Goy recently noted that he launched October 7 years ago in France. While commenting on the financing landscape 7 years back and now and the challenges and opportunities this… Read More

November 29, 2021 @ 2:06 pm By Omar Faridi  |  

Rnwl, a platform planning to transform/improve the current buying and managing insurance process, has secured 184% (£276,448) of its £150,002 target from 304 investors (at the time of writing) with 23 days left in its crowdfunding campaign, carried out via Seedrs. Located in Cambridge, United… Read More

November 29, 2021 @ 11:26 am By Omar Faridi  |  

Boring Money, a company that helped 1 million consumers find the appropriate investment products and advice, has raised 124% (£2,237,469) of its £1,800,000 target from 671 investors (at the time of writing) with 2 days left in its crowdfunding campaign via Crowdcube. The company reports… Read More

November 29, 2021 @ 11:24 am By JD Alois  |  

The UK research firm Hardman & Co. has distributed a white paper that says investors are underweight venture capital. The research was published with the support of SyndicateRoom, Deepbridge, One Four Nine, and Nova Growth  Capital. Once a securities crowdfunding platform, SyndicateRoom now offers a… Read More

November 29, 2021 @ 9:45 am By JD Alois  |  

Bank North, a challenger bank that is digital-first with a unique strategy with physical operations, has hired Louise Halliwell as Head of Savings. Bank North recently completed a Series A funding round after receiving a Banking License (AWR (Authorised with Restrictions)) approved by the Financial Conduct… Read More

November 29, 2021 @ 9:30 am By JD Alois  |  

British Business Investments, has committed £7 million to Folk2Folk, a peer-to-peer lender with a unique approach for loan originations. British Business Investments is a commercial subsidiary of the British Business Bank, a UK government-backed entity. According to a note from Folk2Folk, British Business Investments aims… Read More

November 29, 2021 @ 9:16 am By JD Alois  |  

Paysend, a global payments Fintech, has selected former President Mastercard Europe, Javier Perez, to its Board of Directors. Paysend states that Perez will have an active role in its future business strategy, working closely with the company’s senior management team to drive further global expansion. Perez… Read More