Global

October 1, 2021 @ 2:34 pm By Tony Zerucha  |  

Australian eco startup Zero Co has announced a $4.3 million crowdfunding campaign, asking Australians to support its next growth phase as they seek to tackle the global plastic problem.  Over the past 10 months, Zero Co has signed up more than 40,000 Australian households and… Read More

October 1, 2021 @ 1:06 pm By Tony Zerucha  |  

Add STASIS CEO Gregory Klumov to the list of cryptocurrency figures who believe China’s recent decision to ban digital assets will not stop the market from growing. A sister company of EXANTE, STASIS is a stablecoin and tokenization platform based in Malta. In late September the… Read More

October 1, 2021 @ 9:54 am By JD Alois  |  

LendingBlock, a Gibraltar licensed DLT provider, will officially commence crypto lending on Monday (October 4, 2021) according to posts on Telegram. Gibraltar has positioned itself as a jurisdiction that is digital asset friendly in a regulatory compliant ecosystem. LendingBlock states: “Lendingblock opens for business Monday,… Read More

October 1, 2021 @ 9:38 am By Tony Zerucha  |  

Nahmii has launched a Layer 2 Ethereum scaling solution capable of achieving true commercial viability with a baseline of top-tier performance, instant finality and low, predictable fees, the company said this week. “We are truly thankful to the community of developers who provided their feedback… Read More

October 1, 2021 @ 8:17 am By Omar Faridi  |  

XDEFI Wallet, a next-gen browser wallet, is pleased to confirm that it has completed a $6 million round that was led by Mechanism Capital along with contributions from DeFiance Capital, Alameda Research, Sino Global Capital, Animoca Brands, Morningstar Ventures, CoinGecko, and DeFi industry participants such… Read More

October 1, 2021 @ 8:14 am By Omar Faridi  |  

Fintech Australia has released a tool for early-stage Fintechs and international financial tech platforms expanding into Australia, providing guidance on financial services licensing in Australia and “which government bodies are responsible for managing them.” Created with assistance from law firm K&L Gates and Austrade, the… Read More

October 1, 2021 @ 8:10 am By Omar Faridi  |  

COTI is pleased to confirm that its Visa debit cards and bank account are accessible to the public. With assistance from Simplex, both of these financial tools should help with addressing “economic inequality.” As noted in an update shared with Crowdfund Insider, COTI aims to… Read More

October 1, 2021 @ 8:08 am By Omar Faridi  |  

ModusBox is teaming up with Mambu, the global Fintech platform. Through their partnership, the companies aim to support the next generation of financial institutions in order to challenge the status quo. Mambu and ModusBox intend to bring a combination of domestic and international experiences and… Read More

October 1, 2021 @ 7:58 am By Omar Faridi  |  

Australian founded and headquartered payments firm, Till Payments, has finalized its Series C round, securing $110 million in private capital. The proceeds will be channeled towards strengthening Till’s domestic capabilities, “bolster global expansion, and further innovate its cutting-edge technology,” according to a release. The announcement… Read More

September 30, 2021 @ 8:27 pm By Tony Zerucha  |  

n.exchange, a cryptocurrency exchange specializing in fiat on- and off-ramp services, this week unveiled its crypto purchase credit card fraud attempt figures for 2019-2021. It highlights a significant rise in fraudulent purchase attempts by cyber criminals using stolen card details, most of which was perpetrated from… Read More

September 30, 2021 @ 8:05 pm By Tony Zerucha  |  

Digital assets infrastructure company Zero Hash this week announced $35 million in new Series C funding. The investment round was led by Point72 Ventures alongside NYCA Partners, DriveWealth, and other unnamed investors. Several notable angel investors also participated in the round including Immad Akhund (Mercury… Read More

September 30, 2021 @ 10:18 am By Omar Faridi  |  

Matrixport, which claims to be Asia’s fastest-growing crypto-assets financial services platform, and MetaOpus, Non-Fungible Token (NFT) asset issuance and trading platform powered by BlockCreateArt (BCA) Network, have formed a partnership to provide NFT investors “best in class” custody solutions. As mentioned in an update shared… Read More

September 30, 2021 @ 9:25 am By JD Alois  |  

Curve, a Fintech that is on a mission to become a “financial super app,” has posted its annual report. The results are for the period ending December 2020. Curve operates in the UK and the EEA countries reporting 2.6 million customers as of June 2021…. Read More

September 30, 2021 @ 8:47 am By Omar Faridi  |  

Three Egypt-based banking institutions will be establishing a 1 billion Egyptian pound Fintech fund (appr. $63.6 million) in order to offer support to Fintech firms (starting October 2021). The three banking institutions include the National Bank of Egypt, Banque Misr, and Banque du Caire, along… Read More

September 30, 2021 @ 8:18 am By Omar Faridi  |  

Finastra revealed on Wednesday (September 29, 2021) that First National Bank of Manchester (FNBM) has chosen Fusion Phoenix as its Core banking solution to “best serve its account holders and grow the bank.” As mentioned in a release, the decision represents “an upgrade from its… Read More

September 30, 2021 @ 7:42 am By Omar Faridi  |  

Zavann, a Sweden-headquartered SaaS firm that’s owned by EG and offers data-driven offerings for electricity suppliers across the country, has teamed up with Neonomics, an Open Banking platform for improving the way in which clients receive and settle their electricity bills. As noted by its… Read More

September 30, 2021 @ 7:39 am By Omar Faridi  |  

Engagement banking tech provider Backbase recently revealed that it has entered into a “long-term” collaboration with Raiffeisen Switzerland. It involves Backbase supporting Switzerland’s third-largest banking group in the “development of their customer interface.” Backbase and Raiffeisen “signed the contract to formalize their collaboration on September… Read More

September 29, 2021 @ 11:29 pm By JD Alois  |  

EML Payments (ASX: EML) has received approval by French and UK regulators to complete its acquisition of Sentenial Limited including its Nuapay Brand. EML states that the acquisition positions it as a global leader in Open Banking and card payments. EML is acquiring Sentenial, including… Read More

September 29, 2021 @ 11:18 pm By Omar Faridi  |  

Market Pay, the European omni-channel payment service provider, reveals that it will be  acquiring Dejamobile, a French Fintech platform offering mobile and connected equipment payment solutions. After the acquisition has been finalized, Dejamobile will become a subsidiary of Market Pay, the announcement confirmed. Dejamobile is… Read More

September 29, 2021 @ 11:14 pm By JD Alois  |  

Following approval by the Australian Competition and Consumer Commission, TrueLayer, an open banking platform, has announced the launch in Australia and the promotion of Brenton Charnley to CEO of Australia & New Zealand, according to a statement by the company. Brenton joined TrueLayer in Sydney… Read More