Global

We find Fintech news from around the world and share it with you here.

Ex-Ripple Executives Plan pingNpay, a Blockchain Micropayment Network

London-based pingNpay, a new blockchain-based payments platform, has moved out of stealth mode by announcing its plan to launch a global micropayment network at some point in 2022. pingNPay seeks to create a new category of high frequency, low-value payments, like less than $20,  as… Read More

UK’s MarketFinance Explains How their Flex Loans Product Can Help Small Businesses Maintain Operations

UK’s MarketFinance, one of the largest P2P invoice financing platforms, notes that if you’re a regular “around these parts,” then you’ll have most likely seen their “flex loans” cropping up quite often. As explained by MarketFinance, flex loans give small businesses fast and “flexible access”… Read More

UK based P2P Investment Platform Kuflink Introduces New Features to Enhance Customer Experience

UK-based Kuflink, a platform that connects borrowers with lenders, by providing a steady flow of accessible finance and competitive interest rates, reveals that new features have been added for September 2021. The Kuflink technology team continued to work to bring updated features for September 2021… Read More

dYdX Crypto Token Trading to Start September 14, 2021 on Digital Asset Exchange Kraken

Digital assets firm Kraken reveals that it’s pleased to confirm that their platform will now be supporting trading with the dYdX (DYDX) token. Deposits and withdrawals are currently available (and started on September 9, 2021). Trading is scheduled to commence at around 15:30 UTC on… Read More

Lithuania based Debitum, a Borderless Financing Platform, Shares Latest Financial Report

The team at Lithuania’s Debitum, a borderless financing platform, has shared important information for their investors, the company’s Financial report Q2, 2021. As noted in a blog post by Debitum, the document presents the financial and business performance of the SIA DN Operator (the platform… Read More

Digital Identity: IDEMIA Chosen by French Government for its National ID Verification Program

French government agency Agence Nationale des Titres Sécurisés (ANTS) will be teaming up with IDEMIA, a provider of identity-focused security solutions. ANTS and IDEMIA will be supporting the national digital identity program, called France Identité Numérique. With their consent, France residents accessing the service can… Read More

European P2P Lending Platform Bondora Reports Investments Stabilizing at €11M+ in August 2021

European P2P lending service Bondora reveals that during the month of August 2021, there were 2,155 new investors that joined their platform, bringing the total number of investors to 172,809 individuals. More than €472M has now been invested via Bondora, and investors have earned over… Read More

Women Returners and Innovate Finance Establish Cross-Company Return Program for Fintech Professionals

Women Returners and Innovate Finance have teamed up to establish a cross-company returner program, which aims to encourage professionals to try re-entering the Fintech industry after long-term or extended career breaks. UK’s digital bank Starling, Fintech Unicorn Klarna and PrimaryBid will reportedly take part in… Read More

BNPL Fintech DivideBuy Acquires £300M Lending Facility from Davidson Kempner Capital Management LP

Buy Now Pay Later (BNPL) provider, DivideBuy, has acquired a £300 million lending facility as it continues to focus on its growth and expansion efforts. As mentioned in a release, the funding from investment management company Davidson Kempner Capital Management LP, which also includes a… Read More

Aussie Digital Asset Fund DNA Tracker Fund Has Successful 2021

Australian digital asset vehicle DNA Tracker Fund has recorded a 184.35 per cent net return on investment over the nine months since its inception Dec. 1, 2020, the company said this week. DNA Tracker provides Australian and New Zealand wholesale investors with access to a diversified… Read More

Intercontinental Exchange to Provide Weather Forecast Data and Analytics on ICE Connect Platform

Intercontinental Exchange, Inc. (NYSE: ICE), an international provider of data, tech, and market infrastructure, reveals that it has introduced its weather forecast data on its ICE Connect platform. According to the announcement, ICE Connect users will be able to link streaming weather data to streaming… Read More

Wiseasy Group, UnionPay International to Grow QR Payments, Digital Banking in Ghana, Nigeria

Digital banking and payments firm Wiseasy Group this week announced a collaborative partnership with UnionPay International (UPI) to accelerate digital banking and QR payments in Ghana and Nigeria. The two companies worked together to develop a unified mobile payment standard and coordinate the management of… Read More

Swiss Fintech CREALOGIX to Provide Digital Hub to Global Banking Platform

For the first time, an international private banking platform has followed the example of St. Galler Kantonalbank and selected the Digital Hub from CREALOGIX in order to support its  digitalization strategy. The rise of innovative Fintech businesses and new types of client support and outreach… Read More

EstateGuru Adds €5.8 Million VC Funding Following Crowdfunding Round on Seedrs

EstateGuru has raised €5.8 million in a Series A round of venture capital funding following a successful equity crowdfunding round on Seedrs this past spring. The funding round was led by TMT Investments Plc and an unnamed public company that was said to be an… Read More

SIX Swiss Stock Exchange Receives FINMA Approval for its SDX Bourse

Switzerland’s stock exchange SIX has reportedly acquired regulatory approval from the financial market supervisor for its SDX bourse. This should help with paving the way for the platform to be deployed with its marketplace for crypto-assets. Thomas Zeeb, Global Head of Exchanges at SIX, noted… Read More

Andreessen Horowitz Re-Ups in Addi’s $75M Funding Round

Addi, a fintech and digital commerce startup based in Bogota and Sao Paulo, this week announced new equity funding for $75 million, led by Greycroft with participation from new investors GGV Capital, Citius Capital, and Intersection Growth Partners, as well as existing investors Andreessen Horowitz,… Read More

Koyo Secures Funding to Offer Reliable Credit Solutions to UK Consumers

Koyo has finalized a Series A round that was led by Force Over Mass along with contributions from existing investors Forward Partners, Frontline Ventures and Seedcamp. New investors in Koyo’s latest investment round include Force Over Mass, Matt Robinson (founder at GoCardless, founder at Nested)… Read More

Change at the Top: Funding Circle Founder Samir Desai Steps Aside as Lisa Jacobs to Become CEO

Lisa Jacobs, Managing Director of Funding Circle UK  (LSE: FCH)  will succeed Samir Desai CBE as Chief Executive Officer beginning January 1st, 2022. The news was revealed today alongside Funding Circle’s financial results. Jacobs joined Funding Circle in September 2012 as Chief Strategy Officer. Prior… Read More

deVere Group’s Nigel Green Explains Why He is Bullish on Cardano

Cardano’s price should reach $4 by the end of 2021, one industry analyst predicts. deVere Group founder and chief executive Nigel Green said he is bullish about Cardano, which is generating plenty of enthusiasm as a much-anticipated technology upgrade is scheduled for Sept. 12. Green… Read More

Personal Finance Products Firm Crediverso to Effectively Serve Hispanic Consumers in the US

Crediverso, the Hispanic-owned personal finance products firm, reveals that it has introduced a bilingual platform and a financial products marketplace tool “to serve the 62M+ Hispanic consumers in the U.S., who are 2-3x more likely to be underbanked than the rest of the population,” according… Read More

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