Global

We find Fintech news from around the world and share it with you here.

European Paytech Nexi Makes Firm Commitment to Net-Zero Emissions by 2040

Nexi, the European Paytech firm, has reportedly obtained approval for its CO2 emissions reduction targets for Nexi in Italy by the Science Based Target initiative (SBTi) – the global network born from the collaboration between WRI, CDP, WWF and the United Nations Global Compact. In… Read More

Digital Transformation: UK’s Darlington Building Society Selects New Onboarding System Offered by ieDigital

UK-headquartered Darlington Building Society has confirmed the selection of a new onboarding system provided by ieDigital. The building society stated that its updated system will give members the option to open up accounts online in a streamlined manner. It will also offer various self-service options… Read More

OneFor Teams Up with Moorwand to Introduce New Remittance Service

Moorwand, a BIN sponsor and issuer that aims to transform compliance into an “enabler of innovation,” has been chosen by OneFor, a digital wallet and money transfer and payments service for the remittance market. Moorwand is offering issuing, acquiring and digital banking solutions that will… Read More

European Digital Asset Manager CoinShares Announces New Investment In Switzerland’s Online Bank, FlowBank

CoinShares International Limited (Nasdaq First North Growth Market: CS) is pleased to confirm a strategic investment of $11,845,790 in FlowBank, an online bank based in Geneva, Switzerland. Following the investment, CoinShares “holds 110,000 shares in FlowBank, representing 9.02% of its enlarged share capital,” according to… Read More

Insurtech: Digital Insurance Provider GetSafe Extends Series B Round to $93M

Getsafe, a digital insurance service provider that’s focused on serving Millennial buyers in Germany and the United Kingdom, confirmed that it has now extended its Series B round to $93 million. https://twitter.com/hellogetsafe/status/1446137783345504256 The neo insurance platform had previously revealed in December 2020 that it had… Read More

Klarna, FreedomPay to Offer US Stores a Payments Makeover Ahead of Holidays

FreedomPay, a consumer-focused commerce platform, has performed an integration with Klarna, the international retail bank, payments and shopping service. Beginning today (October 7, 2021), FreedomPay’s US merchants may provide Klarna’s interest-free payment services at checkout in-store, which should help with boosting sales and “bringing added… Read More

Payments Firm Wirex Now Offers Crypto Services in Vietnam, Adds Features to Other Countries

Payments Fintech Wirex has launched its crypto platform in Vietnam, according to a company statement. Simultaneously, Wirex reports that it has increased the range of its services in 81 other countries. Wirex enables both traditional and digital services for approximately 4 million users. Customers may… Read More

Payments Fintech Total Processing Makes Several Senior Management Appointments

Manchester-based payments Fintech Total Processing has reportedly made three new hires with the appointment of Phil Astall as Chief Operating Officer, Harry Luscombe as Commercial Director and Jonathan McGee as Finance Manager. Previously a Global Senior Director at travel company Expedia, Phil Astall joins with… Read More

Familiarity Breeds More Investment in UK Businesses: BBB Report

While more than 40 per cent of businesses in the United Kingdom have accessed external finance this year, the economic impact could be far greater, the British Business Bank’s first annual Regions and Nations Tracker reveals. The problems begin with a lack of local investors… Read More

UK Fintech Maydan Capital Ltd. Introduces Equity Crowdfunding Platform

Maydan Capital Ltd., a UK-based Fintech firm, is announcing the launch of its equity crowdfunding platform that reportedly provides vetted, early-stage, ethical and halal investment opportunities that are focused on tech-related accredited investors internationally. Maydan’s fundraising platform, which is presently open for applicants, assists with… Read More

Digital Bank Monzo Announces Support for Making Commission-Free Investments with Freetrade

You can now invest commission-free with Freetrade, thanks to a new offer that’s currently available only with Monzo Plus and Monzo Premium. The Monzo team writes in a blog post that investing can be “a good way to grow your savings over the long-term.” That’s… Read More

UK’s Prime Property Finance Platform CapitalRise Makes Several Key Appointments, After Strong H1 2021 Business Growth

UK-based CapitalRise, a prime property finance platform, has announced that it made several new appointments, after recording significant growth during H1 2021. As part of a strong year, in terms of overall performance, CapitalRise has now funded prime real estate assets valued at more than… Read More

NatWest Announces Acquisition of Fintech RoosterMoney to Help Consumers Effectively Manage Money

NatWest reveals that it has completed the acquisition of Fintech firm RoosterMoney as part of its strategy to assist families and young people with effectively managing their money. Established back in 2016, Rooster, the London-headquartered Fintech company makes it simple for parents and children to… Read More

Auto1 FT Wants to Provide Car Financing on Blockchain

Berlin-based Auto1 FT (Auto1 Fintech) says it has created a platform to replace paper documents with blockchain for the auto financing process. Auto1 is in the business of providing fast financing for a vehicle purchase. In a release, Auto1 FT claims to be the first… Read More

Capitalise, Clear Books to Simplify Finance Applications for UK SMEs

Today, Clear Books and Capitalise announced an initiative to help small businesses and their advisers access financing. The partnership includes an integration between Clear Books and Capitalise, the first of the kind for each, which allows small businesses to eliminate the panic and stress often… Read More

Atome Deal Allows Klook to Expand BNPL options

Travel and leisure booking platform Klook and Asian buy now pay later (BNPL) brand Atome today announced a regional partnership to expand BNPL payment acceptance for travel, attractions and leisure experiences across Southeast Asia. The partnership will start in Singapore before rolling out to Hong… Read More

Bankhaus von der Heydt, Founded in 1745, Incorporates Digital Asset Services in Partnership with Fireblocks

Bankhaus von der Heydt, a privately owned bank founded in 1754, has added digital assets to the list of its services offered. According to a company release, the bank will leverage ‘ custody solution in combination with the Fireblocks Network to expand digital asset and… Read More

Go Big: Chip Raises Growth Capital on Crowdcube, Tops £1 Million in Ten Minutes, Crashes Servers

Chip, a Fintech that streamlines savings and investment, is seeking growth capital on Crowdcube. According to a note received from the company, the securities offering raised £1 million in under 10 minutes, crashing the Crowdcube servers. The offering was initially available to insiders but is… Read More

ID Verification Service Veriff Continues its International Expansion Efforts with New Barcelona based Technology Hub

Veriff is focused on continuing its global expansion with a new Barcelona-based tech hub. The Veriff team writes in a blog post they’re coming to Barcelona and that their new hub will open soon, and they’re currently looking for talent in the Catalan city. As… Read More

Visa Selects Callsign as Preferred Behavioral Biometric Digital and Device Intelligence Identity Provider

Visa (NYSE: V) has chosen Callsign as their preferred behavioral biometric digital and device intelligence identity provider. Under the agreement, Visa will be introducing Callsign’s behavioral biometric and device fingerprinting services to the Visa network of financial institutions, payment service providers, and merchants across Europe…. Read More

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