Global

October 6, 2021 @ 8:08 pm By Tony Zerucha  |  

The value of hacked PayPal accounts has surged in 2021, while verified cryptocurrency accounts will cost you a pretty penny, research analyzed and originally published by wette.de reveals. In September, such an account was worth 9.2 cents for every dollar in the account. That is… Read More

October 6, 2021 @ 4:09 pm By JD Alois  |  

Seedrs, a leading European investment crowdfunding platform, has posted an update for its Secondary Market for private securities. Although volume remains relatively low, Seedrs has created an effective marketplace for investors to sell their securities beyond an IPO or M&A. Seedrs states that during the… Read More

October 6, 2021 @ 10:54 am By Omar Faridi  |  

ClearBank, the Cloud-powered clearing bank, has announced the launch of a multi-currency solution that will aim to lower the friction for Fintech firms and financial institutions that provide cross-border payments and FX capabilities. ClearBank’s API-driven tech and Banking-as-a-Service (BaaS) capabilities have created seamless payment solutions… Read More

October 6, 2021 @ 10:51 am By JD Alois  |  

Stablecoins, typically described as digital assets pegged to another asset or basket of assets, are designed to replicate a fiat currency in a digital environment. Stablecoins are frequently utilized in the digital asset sector to seamlessly move between other crypto-assets and into an asset that… Read More

October 6, 2021 @ 10:22 am By JD Alois  |  

Deutsche Börse has selected Digital Asset to power its post-trade platform labeled “D7”. Deutsche Börse has long been interested in the digital security realm and has been pushing forward with the transition towards a digital-only ecosystem. According to a note distributed by Digital Asset, the… Read More

October 6, 2021 @ 8:59 am By JD Alois  |  

creditshelf, an online lender serving SMEs in Germany, is reporting solid Q3 results as loan originations rise. According to a note distributed by creditshelf, new loan business during the 9 months of the fiscal year 2021 grew by 58% to € 110.9 million ( versus… Read More

October 6, 2021 @ 8:38 am By JD Alois  |  

Peer to peer lender Linked Finance has appointed Richard Glavin as Commercial Director. Glavin is expected to support the growth of the lending portfolio which has grown to deliver over €166 million in loans to over 2,900 ambitious local businesses in Ireland. Glavin was previously… Read More

October 6, 2021 @ 8:32 am By Tony Zerucha  |  

A green chemistry project is turning to the blockchain to encourage the corporate world to transition to environmentally friendly products. SMARTCHEM (Intelligent Fluids GmbH) announced this week that its SMAC token sale starts  Oct. 10. The SMAC token will form the basis of this new… Read More

October 6, 2021 @ 8:20 am By Omar Faridi  |  

Thousands of Catalan residents celebrated the launch of the first community virtual bank account, El Canut, by registering to open a new account on October 1, 2021 – which is an important date on the Catalan calendar, as it marks the anniversary of the independence… Read More

October 6, 2021 @ 7:53 am By Omar Faridi  |  

Smart, the fast-growing international retirement tech solution provider, has revealed that DWS Group (DWS) has joined its £165 million series D round, “acquiring a minority stake.” This follows the recent announcement that Chrysalis Investments has joined Smart’s list of investors. As mentioned in a release… Read More

October 6, 2021 @ 7:51 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 (October 4) that for the week ending  October 1,… Read More

October 6, 2021 @ 7:48 am By Omar Faridi  |  

Meniga, the leader in personal finance banking solutions, has teamed up with the Portuguese national financial group, Crédito Agrícola Group, in order to introduce its green banking solution, ‘Carbon Insight’ in Portugal. Meniga’s ‘Carbon Insight’ – which becomes the first bank-based carbon footprinting solution to… Read More

October 5, 2021 @ 11:42 pm By JD Alois  |  

Earlier today it was reported that GoCardless may be raising $200 in a funding round led by JP Morgan. Last year, GoCardless raised growth capital at a valuation of just under $1 billion and expectations are for the Fintech to be firmly in unicorn territory… Read More

October 5, 2021 @ 11:27 pm By JD Alois  |  

This coming November, pan-European rules for investment crowdfunding will become actionable by platforms and issuers. Under the new rules, issuers may raise capital from across all European Union member states. Firms may raise up to €5 million. While these are EU rules, local nuances still… Read More

October 5, 2021 @ 10:19 pm By Omar Faridi  |  

Payhawk, the all-in-one finance system assisting companies and businesses with spending effortlessly, reveals that they’ve introduced an “industry-first” with 3% cashback on all payments, “integration to Microsoft Dynamics 365, Single Sign-On for enterprise clients, as the company looks to disrupt corporate payments and expense management… Read More

October 5, 2021 @ 9:08 pm By Tony Zerucha  |  

New research from Nickel Digital Asset Management, a European regulated digital assets investment manager, reveals 25 per cent of professional investors see the appetite for risk from pension funds and other institutional investors increasing dramatically over the next two years. A further 47 per cent… Read More

October 5, 2021 @ 6:10 pm By JD Alois  |  

GoCardless is expected to raise around £200 million at a valuation of over $1 billion thus vaulting the Fintech into the unicorn realm. This is according to a report in the Evening Standard. The payments firm last raised $95 million in a Series F funding… Read More

October 5, 2021 @ 1:00 pm By Omar Faridi  |  

Hats.Finance, a decentralized cybersecurity incentive network that’s governed by its community stakeholders of hackers, projects, and token holders, says that the future of cybersecurity is “incentivized” security. The Hats.Finance team has published a blog post in which it has introduced PPM (Protocol Protection Mining), as… Read More

October 5, 2021 @ 12:00 pm By JD Alois  |  

Insurtech Sure has closed on a $100 million Series C funding round led by Declaration Partners and Kinnevik, according to a note from the company.  WndrCo and existing investors W. R. Berkley and Menlo Ventures also participated in the funding round. Sure said the additional… Read More

October 5, 2021 @ 11:47 am By Tony Zerucha  |  

Italia Olivicola, the largest organization of olive and olive oil producers in Italy, is working with Euranet, a technology compliance management services provider, to move its supply chain operations onto the Algorand blockchain.  This model was developed employing Euranet’s ChoralChain platform and can be applied… Read More