Global

September 14, 2021 @ 10:40 am By Omar Faridi  |  

The Coronavirus crisis has led to an international surge in digital commerce sales and online or all-digital businesses, as nationwide lockdowns have forced customers to engage with e-commerce platforms. As consumers continue to use digital commerce platforms and make cashless payments with virtual cards and… Read More

September 14, 2021 @ 10:11 am By JD Alois  |  

PassFort, a Regtech that offers automated financial crime and compliance services, has raise $16.2 million in Series A funding with the intent to pursue a global expansion. The funding round was led by Level Equity in the US with participation from existing investors OpenOcean, Episode… Read More

September 14, 2021 @ 9:40 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (September 13) that for the week ending September 10,… Read More

September 14, 2021 @ 9:28 am By JD Alois  |  

creditshelf, a marketplace lender for German SMEs, is reporting that it generated more than €100 million of new loan business between January and September 2021, already exceeding the total loan volume of €98.9 million arranged in the fiscal year 2020. creditshelf stated that its loans… Read More

September 14, 2021 @ 7:56 am By JD Alois  |  

Invesdor, a European debt and equity investment platform, has listed its first tokenized securities offering dining business Beets & Roots. According to a note from the company, investors may now purchase token-based participation rights. Jens Siebert, COO and co-founder of Invesdor, explained that token-based participation… Read More

September 14, 2021 @ 7:34 am By Omar Faridi  |  

Switzerland-based vestr, a platform that fully digitizes the life-cycle management of actively managed investment products, has reportedly expanded its business operations to Singapore, after teaming up with Julius Baer via F10’s Fintech incubator program. As noted by its management: “Julius Baer is the international reference… Read More

September 14, 2021 @ 7:31 am By Omar Faridi  |  

MoneeMint, an “ethical” financial services provider has announced the launch of MoneeMint Labs for customers in the UK and Europe. Recently, MoneeMint had acquired funding from private equity firm Ground One Ventures for the “purpose of acquiring a robust and dynamic core banking system to… Read More

September 14, 2021 @ 1:37 am By JD Alois  |  

The British Business Bank has published a list of 158 companies in which it holds equity following the Future Fund COVID support program. The Future Fund was established to backstop UK early-stage ventures that did not qualify for other COVID relief programs. The Future Fund… Read More

September 13, 2021 @ 10:33 pm By Omar Faridi  |  

The team at BitOoda, an international digital asset financial technology & services platform providing next-gen risk management solutions, best-execution brokerage & expert market analysis, notes in a recent crypto market update that Bitcoin (BTC) dropped around 5.1% WoW, settling at $46,187 “as of midnight UTC… Read More

September 13, 2021 @ 8:35 pm By Omar Faridi  |  

Egypt-based Kashat, a microloan services platform, has acquired $1.75 million in capital as part of a bridge round, according to a report from Magnitt. Kashat’s investment round has been led by VC fund Launch Africa Ventures, and also included contributions from regional investors, the report… Read More

September 13, 2021 @ 6:19 pm By JD Alois  |  

Making certain a person or business is actually who or what they claim to be is very important. In a world that has migrated to virtual offices and digital meetings, the task of validation is an even greater necessity. AsiaVerify is a Regtech firm based… Read More

September 13, 2021 @ 3:11 pm By Omar Faridi  |  

Hoard Exchange, which aims to facilitate “true ownership” of virtual game assets on Ethereum,  is a fast-growing non-fungible token (NFTs) marketplace that was introduced back in 2018. The platform was initially developed as a reliable blockchain or distributed ledger tech (DLT) network. The community members… Read More

September 13, 2021 @ 1:09 pm By Omar Faridi  |  

Ecommpay, a global payments solution provider and direct bank card acquirer, reveals that it has introduced Timeline, its payment tech designed specifically for the travel sector. As first reported by Finextra, the ready-to-go service can settle payments immediately. It may be integrated via the fully… Read More

September 13, 2021 @ 11:06 am By JD Alois  |  

Zumo has partnered with Modulr to facilitate open banking-enabled top-ups. Zumo is an Edinburgh-based crypto wallet. Modulr is a payments platform and authorized e-money institution. Modulr’s Payments as a Service API platform enables businesses to automate payment flows, embed payments into their platforms, and build… Read More

September 13, 2021 @ 10:49 am By Omar Faridi  |  

Eastern Europe has one of the largest cryptocurrency economies in the world. A recent report reveals that it’s the third-ranked global region for “overall exposure to illicit activity.” Eastern Europe is the only world region with a total transaction volume of $400 million+ for which… Read More

September 13, 2021 @ 9:31 am By JD Alois  |  

Last month, Bank North received authorization with restrictions (AWR) from the Prudential Regulation Authority (PRA) to operate as a bank. The Manchester-based bank is developing an SME lending bank for the United Kingdom and expects to launch operations in October. Bank North said it will… Read More

September 13, 2021 @ 9:17 am By Omar Faridi  |  

The cryptocurrency markets have rallied and recovered from YTD lows, which should help with renewing the hope of another bull market. However, historical crypto price analysis indicates that the digital assets market may be “due for a pause,” according to a report from Kraken. In… Read More

September 13, 2021 @ 7:55 am By Omar Faridi  |  

Amsterdam-headquartered Sprinque, a checkout service provider, has reportedly secured €1.7 million in capital from Volta Ventures, Force Over Mass and several angel investors and payments industry professionals. Established this year, Sprinque has created seamless digital checkout infrastructure in order to make business transactions as easy… Read More

September 13, 2021 @ 7:53 am By Omar Faridi  |  

Blockchain.com, a crypto wallet provider, digital asset exchange, and block explorer service, notes in a recent crypto market report that longtime Bitcoin (BTC) investors have “historically been able to count on two core price dynamics.” As mentioned in a blog post by Blockchain.com, Bitcoin’s price… Read More

September 13, 2021 @ 7:51 am By Omar Faridi  |  

Stockholm-headquartered Qred, a small business lending service provider, has reportedly received a substantial investment from Nordic Capital. Although the exact amount invested has not been shared publicly, Sweden’s Breakit.se reveals that Nordic Capital may have invested just over half a billion kronor (appr. €49 million)… Read More