Global

August 27, 2021 @ 6:49 am By Omar Faridi  |  

Serrala, an international financial automation and B2B payments software firm, has acquired a majority investment from Hg, a global software and services investor. After the deal is finalized, Serrala’s Chief Executive Sven Lindemann and existing investor, Waterland, will continue to offer support to the business… Read More

August 26, 2021 @ 11:36 pm By Omar Faridi  |  

Tezos (XTZ) has been chosen to enable smart contracts for “leading” European banks, according to a recent update. Crypto Finance Group, InCore Bank, and Inacta announced on August 24, 2021, that they are selecting Tezos for “innovative, compliant on-chain digital financial products.” As mentioned in… Read More

August 26, 2021 @ 7:22 pm By JD Alois  |  

Bendigo and Adelaide Bank have agreed to pay $116 million to acquire Ferocia Pty Ltd in a move designed to accelerate the digital transformation of its banking operations. The acquisition of Ferocia will include Up a highly rated banking app. Bendigo and Adelaide Bank expect… Read More

August 26, 2021 @ 6:59 pm By Tony Zerucha  |  

While the United States still attracts plenty of foreign direct investment (FDI), there are some ominous signs within the 2020 numbers, analysis from MoneyTransfers.com reveals. The platform analyzed data from the Organization for Economic Cooperation and Development (OECD). Businesses and entrepreneurs alike understand that the… Read More

August 26, 2021 @ 6:20 pm By Tony Zerucha  |  

GK8 a cybersecurity company offering custodian technology for managing and safeguarding digital assets, announced this week its proprietary end-to-end custody solution, designed for banks and financial institutions, is now available for institutional customers that want to offer custody of Hedera’s native HBAR and HTS-based tokens…. Read More

August 26, 2021 @ 6:13 pm By Tony Zerucha  |  

Financial services company AID:Tech, which provides federal relief distribution services, will soon be leveraging the power of payment solutions from Circle, a global financial technology firm that provides internet-native payments and treasury infrastructure.  Utilizing USD Coin (USDC) and leveraging Circle’s payment rails, AID:Tech’s platform provides… Read More

August 26, 2021 @ 11:26 am By Omar Faridi  |  

Celsius, the international digital currency earning and borrowing platform, recently revealed that it’s now managing $20,366,621,718 in crypto-assets as of August 13, 2021. Celsius carried out its quarterly internal audit using tech provided by third-party blockchain analysis company, Chainalysis, and using an internally developed methodology… Read More

August 26, 2021 @ 10:30 am By Omar Faridi  |  

tZERO, a key player in blockchain innovation and liquidity for digital assets, reveals that its wholly owned, FINRA member broker-dealer subsidiary, tZERO ATS, has teamed up with MarketSpace Capital, a real estate private equity company. Through the partnership, the firms will support the trading of… Read More

August 26, 2021 @ 10:00 am By JD Alois  |  

Earlier today, the UK Financial Conduct Authority posted the “First Supervisory Notice” related to a statement by the FCA in June that Binance Markets Limited is not permitted to undertake any regulated activity in the UK. Binance Markets is part of the Binance Group. Binance… Read More

August 26, 2021 @ 7:41 am By JD Alois  |  

OurCrowd, a global investment crowdfunding platform serving accredited investors and institutions, has posted its Q2 High-Tech Jobs Index. According to the Index,  startup job vacancies are skyrocketing as the work from home (WFH) environment, is here to stay. OurCrowd states that its portfolio companies indicate… Read More

August 26, 2021 @ 7:04 am By Omar Faridi  |  

In yet another sign that the day trading craze is here to stay (due in part to permanent changes in consumer behavior following the COVID outbreak), a pre-product stock trading Fintech has bagged $10 million via a seed round. Shares.io, a Fintech firm launched this… Read More

August 25, 2021 @ 11:22 pm By Omar Faridi  |  

Backbase, an engagement banking tech provider, reveals that it has teamed up with eToro, a multi-asset investment platform that empowers individuals to “grow their knowledge and wealth,” in order to improve eToro’s digital onboarding capabilities and back-end compliance infrastructure. As mentioned in a release: “The… Read More

August 25, 2021 @ 10:22 pm By JD Alois  |  

Airwallex, an Australian payments Fintech, has launched in North America. In a company release, Airwallex said that US businesses may now gain access to the suite of financial infrastructure, payments, treasury, and expenses services without the constraints of the traditional financial system. Airwallex’s market entry… Read More

August 25, 2021 @ 7:32 pm By Omar Faridi  |  

CJDNS SASU, a French software R&D start-up in the PKT ecosystem, recently announced its funding agreement with NGI-LEDGER, a European Commission’s initiative that aims “to shape the development and evolution of the Internet.” The agreement secures funding for SafePKT, an initiative that aims to bring… Read More

August 25, 2021 @ 2:29 pm By Tony Zerucha  |  

Open Banking Excellence (OBE) is opening a center in Brazil to help promote the concept in that country. The launch of OBE Brazil is set for 2 p.m. local time Sept. 1 and features a live session with debates and discussions by experts in the… Read More

August 25, 2021 @ 11:23 am By JD Alois  |  

Small Robot Company (SRC) has raised £4 million in a securities offering on Crowdcube. The company has now secured  £11 million in funding to date. According to previous reports, SRC was raising capital at a pre-money valuation of £15,000,000  or an 18.63% equity stake at… Read More

August 25, 2021 @ 9:23 am By JD Alois  |  

wLITI token, a “wrapped” version of the LITI equity token, has been listed on the Bitcoin.com trading platform. Liti Capital is a Switzerland-based blockchain private equity fund that raises capital for legal cases for litigation financing. Holders of the token may benefit from returns generated… Read More

August 25, 2021 @ 8:52 am By Omar Faridi  |  

Financial giant ING (AMS: INGA), a Dutch multinational banking and financial services corporation headquartered in Amsterdam, reveals that it has hired Marnix van Stiphout as its Chief Operations Officer and Chief Transformation Officer (COO/CTO) and member of the Management Board Banking. Marnix will be taking… Read More

August 25, 2021 @ 8:47 am By JD Alois  |  

Previously doing business as B-North, Bank North has been granted a banking license (Authorised with Restrictions or ‘AWR’) by the UK’s Prudential Regulation Authority (PRA). Bank North reports that it has also closed a successful Series A funding round, raising money from LHV Group, LHV… Read More

August 25, 2021 @ 8:33 am By JD Alois  |  

White Oak, an alternative business lender, has moved its headquarters to Chester city centre to accommodate its continued growth both in the region and across the UK. The company says the new space will provide the room for its expanding operation with plans to add… Read More