Global

November 1, 2021 @ 10:37 am By JD Alois  |  

Urban Angehrn has moved into the CEO role at the Swiss financial services regulator FINMA (Financial Markets Supervisory Authority). Angern replaced Mark Branson who took over the leadership of German finance regulator BaFin. The transition was initially revealed this past summer. Angehrn issued the following… Read More

November 1, 2021 @ 10:24 am By Omar Faridi  |  

The inherent transparency of blockchains or distributed ledger tech (DLT) networks makes crypto-related investigations a lot easier for law enforcement agencies, when compared to financial investigations involving fiat currency. Blockchains or DLT networks serve as a permanent, publicly viewable ledger of almost all crypto transfers,… Read More

November 1, 2021 @ 7:57 am By Omar Faridi  |  

Open Banking is driving the “largest disruptors” in the virtual banking market, BaaS (Banking-as-a-Service) and embedded finance, by serving as an “enabler for delivery of these concepts,” according to a report from Juniper Research. As noted in a whitepaper, shared by Juniper Research: “While the… Read More

November 1, 2021 @ 7:35 am By Omar Faridi  |  

Maslife, an AI-enhanced app that assists you with improving your health, relax your mind and take control of your finances, has raised 84% (£845,172) of its £1,000,001 target from 90 investors via Seedrs. With 24 days left in the Maslife crowdfunding campaign, the UK-based company notes… Read More

October 31, 2021 @ 7:56 pm By Omar Faridi  |  

Shiba Inu (SHIB) is now available for trading on digital asset exchange OkCoin – with some of “the lowest fees around.” OkCoin users are able to deposit, withdraw, and trade SHIB against USD via the exchange. All OkCoin clients including those in the US, except… Read More

October 31, 2021 @ 6:54 pm By Omar Faridi  |  

Hong Kong-headquartered crypto-asset custody service provider Hex Trust confirmed earlier this week that James Fok has joined the firm’s advisory board. James brings more than 2 decades of professional experience in capital markets and the financial services sector across high-profile management roles, and also as… Read More

October 31, 2021 @ 6:42 pm By Omar Faridi  |  

More than 20,000 investors are now signed up with Croatian peer-to-peer lender Robo.cash. Robo.cash writes in a blog post that the month of October 2021 made them happy with a new milestone: over 20k investors have now registered on the Robo.cash platform. The platform’s management… Read More

October 31, 2021 @ 6:18 pm By Omar Faridi  |  

The Nationwide House Price Index (in the UK) reveals that the annual house price growth remained steady in double digits for the fifth straight month in September 2021. However, it eased back to 10.0% from 11.0% in August, the Blend Network team notes. The UK-based… Read More

October 31, 2021 @ 5:22 pm By Omar Faridi  |  

Asset managers are set to deploy capital at an accelerated rate, according to an update from European online lender October. Despite the global 2020 Covid-19 outbreak and resulting socioeconomic uncertainty, the asset management sector is going strong, if not stronger, the team at October reveals…. Read More

October 31, 2021 @ 11:47 am By Omar Faridi  |  

The team at digital assets firm Kraken notes that after a “predictably underwhelming” September in the crypto-asset markets, “history was made in October as BTC hit new all-time highs.” Kraken wrote in an extensive report that, as foreshadowed last month, data “indicates that a supply… Read More

October 30, 2021 @ 5:12 pm By Tony Zerucha  |  

Cross-border payment hub Tranglo has launched its new cross-border payment corridor to Mongolia. They said it will aim to improve the cross-border payment services there via a single connection to regional corridors and local partners. According to World Bank estimates, remittance inflows to Mongolia made… Read More

October 30, 2021 @ 5:08 pm By Omar Faridi  |  

Abrdn (LON: ABDN) has reportedly acquired investing insights platform Finimize, a company that empowers retail investors to make informed investment-related decisions. Finimize has more than 1 million subscribers for its daily newsletter and approximately 40,000 premium subscribers. It aims to make investing more accessible and… Read More

October 30, 2021 @ 4:18 pm By Omar Faridi  |  

F10 Spain has announced 10 high-potential startups that are joining the second cohort of its Incubation Program in Barcelona. Chosen from over 180 national and global applications, this batch aims to bring innovative business models and trends, includes more female founders and “a good mix… Read More

October 29, 2021 @ 3:38 pm By JD Alois  |  

CoinSmart Financial Inc., a digital asset trading platform has announced that its wholly-owned operating subsidiary Simply Digital Technologies Inc. is now registered as a restricted dealer under securities laws across Canada. CoinSmart notes that it is one of a few platforms that trade crypto to… Read More

October 29, 2021 @ 8:23 am By Omar Faridi  |  

The team at digital asset platform Bitpanda notes that they’re pleased to welcome Joshua Barraclough on board, as Chief Executive Officer of Bitpanda Pro. As mentioned in the update, Josh joins Bitpanda from J.P. Morgan with “the ambitious goal of turning Pro into the number… Read More

October 29, 2021 @ 7:50 am By Omar Faridi  |  

LHV UK, the financial and payment services platform for Fintechs, is forming a partnership with Tuum, the modular Core banking platform providing back-end systems which aim to support transactional retail and business banking. Through the partnership, Tuum will aim to provide a single API-powered payments… Read More

October 29, 2021 @ 7:25 am By Omar Faridi  |  

After their initial announcement of GoCredit going live on Mintos on August 13, 2021, the team is pleased to confirm that Mintos has “finalized” the Master Trust structure with the lending firm. GoCredit is reportedly the second firm on Mintos (along with Alivio Capital) to… Read More

October 28, 2021 @ 10:10 pm By Omar Faridi  |  

EBANX, a Fintech firm for payment solutions in Latin America, confirms that it has finalized the acquisition of Juno, a Brazilian payments firm that enables e-commerce via billing and banking services in the South American country. Juno, one of the key players in the domestic… Read More

October 28, 2021 @ 8:05 pm By JD Alois  |  

Investree, an online lender based in Indonesia, has raised $10 million that will be utilized to provide services to SMEs. The funding came from responsAbility Investments, an asset manager from Switzerland that focuses exclusively on sustainable investment. Additionally, Accial Capital, a tech-enabled investor in fintech… Read More

October 28, 2021 @ 3:48 pm By Omar Faridi  |  

Staircase AI, a pioneer in relationship intelligence, has confirmed the completion of its $4 million seed round. The firm acquired funding from StageOne Ventures, a VC fund that’s focused on addressing major enterprise challenges, and Disruptive AI, an early-stage VC that specializes in artificial intelligence…. Read More