Global

November 10, 2021 @ 8:19 am By Omar Faridi  |  

Crowdcube aims to become the very first platform to operate under new European Union regulations (European Crowdfunding Service Providers or ECSP). Crowdcube, a leading online investment marketplace, will now be “uniquely positioned” to assist even more Europe-based businesses with securing capital while promoting engagement, loyalty,… Read More

November 9, 2021 @ 10:01 pm By JD Alois  |  

Open banking platform TrueLayer has appointed Rob Hale as its Head of Banking in Australia. According to a note from TrueLayer, Hale was previously at Regional Australia Bank (RAB) where he was Chief Digital Officer. Hale is said to have aided Regional Australia Bank to… Read More

November 9, 2021 @ 9:51 pm By Omar Faridi  |  

Fintech Australia, a national association focused on supporting the financial tech space, has provided a free new map for Fintech companies. The map offers a list of investors that are active in the nation’s Fintech industry. As noted in the announcement, the map includes investors… Read More

November 9, 2021 @ 9:47 pm By Omar Faridi  |  

Enterprai, the AI-enhanced software-as-a-service (SaaS) workstation for international macro professionals, pioneering predictive analytics for FX and fixed income markets, has introduced a set of products offering macro portfolio managers, traders, and analysts “a new way to stay on top of financial markets.” Off the back… Read More

November 9, 2021 @ 10:58 am By JD Alois  |  

A digital pound is taking another step forward, according to a statement by the UK government. HM Treasury and the Bank of England have announced a forthcoming consultation to set out their assessment of the case for a UK central bank digital currency or CBDC…. Read More

November 9, 2021 @ 10:50 am By Omar Faridi  |  

After a lot of hard work, rigorous testing, and steady support from their partners and the developer community, Crypto.com is pleased to confirm the introduction of the Cronos mainnet beta (on November 8, 2021). Cronos is reportedly the first Cosmos Ethereum Virtual Machine or EVM… Read More

November 9, 2021 @ 9:09 am By JD Alois  |  

Boosted by the rapid rise of Bitcoin and Ether, crypto markets are now valued at more than $3 trillion. It was only this past August when crypto markets surpassed $2 trillion in value so the gain has been pretty spectacular. Both Bitcoin and Ether have… Read More

November 9, 2021 @ 8:41 am By JD Alois  |  

Draper Esprit (LSE:GROW) is rebranding to Molten Ventures. Draper Esprit trades on the London Stock Exchange as well as the Euronext Growth Market in Dublin, and is included in the FTSE 250. The venture capital firm has invested in numerous Fintechs including companies like Revolut,… Read More

November 9, 2021 @ 7:49 am By Omar Faridi  |  

The Open Banking Implementation Entity (OBIE) has announced that it’s looking to appoint an independent Non-Executive Director (iNED) to its Board. As mentioned in the announcement, Open Banking enables consumers and SMEs to share their bank account details in a secure manner with trusted third-parties… Read More

November 9, 2021 @ 7:42 am By Omar Faridi  |  

Klarna, the international retail bank, payments and shopping service with 90 million users across the globe, has officially launched operations in Ireland today. As mentioned in the announcement, Klarna will aim to empower Irish consumers with a better overall shopping experience and improved control, transparency… Read More

November 9, 2021 @ 7:40 am By Omar Faridi  |  

Binance Smart Chain (BSC), the decentralized finance (DeFi) and non-fungible token (NFT) infrastructure, has confirmed its plans of working with information technology universities internationally via the $100 million Talent Development (TD) program that is “focused on advancing research, education, and career opportunities in crypto and… Read More

November 8, 2021 @ 9:59 pm By Omar Faridi  |  

Sber has confirmed the opening of its first research and development (R&D) center in Europe at Web Summit, which is Europe’s largest tech conference, presently being held in Lisbon. Executive Vice President of Sberbank, CTO of Sber, and head of Technology David Rafalovsky commented on… Read More

November 8, 2021 @ 4:38 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) has announced its Q3 earnings results with an EPS beat of $1.11 (non-GAAP) and total payment volume of $310 billion and 416 million accounts. Net revenues were reported at $6.18 billion an increase of 13% versus year prior and net income arrived at… Read More

November 8, 2021 @ 4:19 pm By Omar Faridi  |  

Colt Technology Services has announced that it’s expanding its capital markets product offering into Latin America (LatAm), giving clients from the US, Europe and APAC cost effective, low latency access to B3 – a major financial market infrastructure firm and the largest in the region… Read More

November 8, 2021 @ 3:37 pm By JD Alois  |  

Alleged perpetrators of the ransomware attack on, Kaseya – an IT firm that helped systems administrators manage large networks, have been charged by the US Department of Justice for the attack. This case is part of the Department of Justice’s Ransomware and Digital Extortion Task… Read More

November 8, 2021 @ 1:06 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has reportedly been expanding its global platform capabilities via the Mastercard Developers portfolio, by adding various services to power flexible and innovative ways to make payments, improve the customer experience (CX) and establish greater trust across the payments sector. Taking an organic… Read More

November 8, 2021 @ 10:46 am By JD Alois  |  

Nimbla, an Insurtech startup, has announced a £5.1 million funding round led by Silicon Valley venture fund Fin VC with participation from Barclays Bank. Nimbla states that the funding will help it scale its operations with increased demand from embedded credit risk solutions through its… Read More

November 8, 2021 @ 9:13 am By Omar Faridi  |  

The team at Security Token Market (STM), which focuses on supporting the blockchain-enabled security token ecosystem, has released the latest security tokens market report outlining the exchange/marketplace performance during the month of October 2021. According to data from stomarket.com, the key highlights from the security tokens… Read More

November 8, 2021 @ 8:00 am By Omar Faridi  |  

Crypterium is set to launch a physical US Visa card in Q1 2022, according to an update shared with CI. Crypterium, the crypto wallet app with more than 400,000 customers in 170+ countries, has been a part of the Visa Fast Track program for more… Read More

November 8, 2021 @ 7:45 am By JD Alois  |  

Matter Labs, a company looking to provide an Ethereum Layer 2 scaling protocol, has raised $50 million in new funding. The investment was led by Andreessen Horowitz (a16z). Additional investors included Placeholder, Dragonfly and 1kx. Matter Labs said that a second financing was closed with… Read More