Global

October 25, 2021 @ 9:21 am By JD Alois  |  

Seedrs, a top European online investment platform with global aspirations, has launched a Private Deal Room catering to high net worth (HNW) individuals, angels, and sophisticated investors. In an email, Seedrs said they “believe the Seedrs Private Deal Room will help allow a new generation… Read More

October 25, 2021 @ 9:05 am By Omar Faridi  |  

EstateGuru, a property-backed loan marketplace catering to retail investors, notes that in September 2021, they came very close to “breaking the record set in March 2021, financing 95 loans worth a total of €21.2 million.” The team at EstateGuru writes in a blog post that… Read More

October 25, 2021 @ 8:55 am By Tony Zerucha  |  

European SME lender October began by building a product for internal use, but the industry needed it too, so they branched out, COO Patrick de Nonneville said. October was founded in 2015 after de Nonneville had been looking at some Fintech investments in Europe. It… Read More

October 25, 2021 @ 8:38 am By Omar Faridi  |  

UK’s Wesleyan Bank reveals that Australia-based Fintech firm Sandstone Technology is now a  digital partner to enhance its platform for individuals and small business clients. Sandstone Technology front-end virtual banking solutions offer an intuitive banking experience across multiple channels for personal and business applications. Equipped… Read More

October 25, 2021 @ 7:40 am By Omar Faridi  |  

Corporate credit card Fintech Brex has reportedly seen its valuation surge to $12.3 billion after securing an additional $300 million in capital. No formal announcement has been made about Brex’s latest investment round, however, a term sheet has reportedly been finalized on the raise, according… Read More

October 25, 2021 @ 7:38 am By Omar Faridi  |  

After a “positive jump” in the Bondora portfolio during the month of August 2021, originations had slightly lower return rates “as a whole in September.” European P2P lender Bondora also mentioned that originations still “show good returns when compared to their target rates.” Here are… Read More

October 24, 2021 @ 6:07 pm By Omar Faridi  |  

The Kava 9 mainnet upgrade is coming, and it’s bringing several key changes aimed at further expanding the Kava Ecosystem by adding more ways for users and projects to bring their assets to Kava. As mentioned in a blog post by the team at Kava… Read More

October 24, 2021 @ 5:56 pm By Omar Faridi  |  

Pagaya Technologies Ltd., a financial technology firm that enables financial institutions to expand access to more clients via its artificial intelligence network, announced earlier this week that it formed a new partnership with SoFi (NASDAQ: SOFI), the digital personal finance company. The new partnership will… Read More

October 24, 2021 @ 5:17 pm By Omar Faridi  |  

The team at Security Token Market (STM) has released their first-ever tokenized stock report. STM notes that most industry participants or observers are familiar with security tokens, or digitized assets in equity, fixed income, real estate, investment fund shares, commodities, and structured products “traded and… Read More

October 24, 2021 @ 4:53 pm By Omar Faridi  |  

A newly developed investment app has been introduced in the US. Like most other services, it also promises to better serve retail clients and offer engaging social investment opportunities. AleFi‘s management explains that they allow subscribers to view portfolios shared by professional or highly experienced… Read More

October 24, 2021 @ 4:27 pm By Omar Faridi  |  

The team at P2P lender Robo.cash notes that the popularization of the secondary market in the European markets has surged considerably this year, exceeding the activity in 2020. As for Robo.cash, every month since 2020, the volume of secondary market transactions has “grown by an… Read More

October 24, 2021 @ 4:04 pm By Omar Faridi  |  

The team at digital assets firm Binance notes that the crypto and blockchain industry has grown considerably during the past few years, both from a technology adoption and “new user perspective.” When they launched Binance, they decided that it would be their “unwavering” commitment to… Read More

October 24, 2021 @ 3:48 pm By Omar Faridi  |  

OSL, a provider of digital asset trading and software-as-a-service (SaaS), and member of BC Technology Group, has announced that it has enabled access to its secure, compliant, global, OSL Exchange “to professional and institutional customers in Latin America, with zero trading fees until the end… Read More

October 23, 2021 @ 4:57 pm By Omar Faridi  |  

Deutsche Bank (ETR: DBK) announced that it has completed “its first set of live trades on its electronic foreign exchange (e-FX) hub, based in SG1.” The e-FX hub, which was created with assistance from the Monetary Authority of Singapore (MAS), allows Deutsche Bank’s customers to… Read More

October 23, 2021 @ 3:35 pm By Omar Faridi  |  

Carbon footprint tracking firm Cogo has completed a $20 million Series A round, which has been announced just a few weeks ahead of the COP26 UN climate summit. The impact-led Fintech firm has reportedly entered strategic partnerships with major banking institutions, which came ahead of… Read More

October 23, 2021 @ 2:04 pm By Omar Faridi  |  

Klarna, a global retail bank, payments and shopping service, is bringing its signature experience to the travel sector with the acquisition of Inspirock, an online trip planner that enables consumers to explore a destination’s offerings and “create personalized itineraries utilizing local expertise and artificial intelligence.”… Read More

October 23, 2021 @ 12:55 pm By Omar Faridi  |  

Accelar has introduced a Nature Finance Impact Hub, which aims to boost market confidence in nature-positive initiatives, by isolating their key financial and environmental benefits. A strategy and sustainability consultancy, Accelar’s main business and goal is to assist with promoting the clean growth transition by… Read More

October 23, 2021 @ 9:37 am By Omar Faridi  |  

Over 70 financial institutions have reportedly worked with Valk‘s digital transaction and tokenization platform this year. Private market digital platform VALK says that it is “building for expansion after achieving over $4 billion in assets and deals managed on its platform in a year” as… Read More

October 22, 2021 @ 6:34 pm By JD Alois  |  

Tinkoff Capital Management Company, part of the TCS Group Holding PLC which is listed on the London Stock Exchange and on the Moscow Exchange, has received a professional securities management operator license, according to the company. Tinkoff states that in 2022 it plans to launch a… Read More

October 22, 2021 @ 6:25 pm By Omar Faridi  |  

Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL) and Cashfac, an international financial technology firm focused on supporting operational cash management, are confirming that Sterling has moved into production with their Virtual Account Manager, offered via Cashfac’s Software as a… Read More