Global

September 29, 2021 @ 10:40 am By Omar Faridi  |  

Earlier this year, the Central Bank of Spain (BdE), the Monetary Authority of Spain (Comisión Nacional de Mercados y Valores – CNMV), and Directorate-General for Insurance and Pension Funds (DGSFP) had revealed that that Spanish firm Vottun had been chosen to take part in the… Read More

September 29, 2021 @ 10:03 am By Omar Faridi  |  

Eventus Systems, Inc., an international provider of multi-asset class trade surveillance and market risk solutions, reveals that it has made several key appointments in Europe as part of the company’s growth in the region and globally. Bringing considerable experience into the new roles are Ollie… Read More

September 29, 2021 @ 9:53 am By Omar Faridi  |  

YouHodler, a Fintech platform that assists consumers with accessing the benefits of the crypto economy, has reportedly added support for Polkadot (DOT), Tezos (XTZ), TRON (TRX) and Aave (AAVE) tokens. YouHolder also noted in a release shared with Crowdfund Insider that they’ve established a 100%… Read More

September 29, 2021 @ 9:00 am By Tony Zerucha  |  

Atom Foundation, which focuses on liquidity solutions on the blockchain, this week announced it is launching the Central Bank Distributed Secure Coin (CBDSC). CBDSC aims to improve current central bank digital currency (CBDC) projects that claims to remove volatility while adding flexibility to governments in… Read More

September 29, 2021 @ 8:58 am By JD Alois  |  

Sonovate, a payments management platform for business invoices, has been recognized as the Fintech Company of the Year at the Fintech Award Wales at the Tramshed Cardiff. According to a release, six companies were shortlisted for the award, sponsored by Cardiff Capital Region. The award recognizes… Read More

September 29, 2021 @ 8:28 am By Omar Faridi  |  

WealthKernel, the Wealthtech platform of digital investment solutions, reveals that it has teamed up with Topia, a UK-headquartered app provider that aims to empower Millennials who want to reach financial freedom and retire early. Through the partnership, Topia will be using WealthKernel’s investing API and… Read More

September 29, 2021 @ 7:49 am By Omar Faridi  |  

One of the “longest-running” crypto exchanges, CoinJar UK Limited has been “officially registered” by the Financial Conduct Authority (FCA) as “a Cryptoasset Exchange Provider and Custodian Wallet Provider.” As mentioned in an update shared with CI: “In January 2020, new regulatory powers were introduced to… Read More

September 29, 2021 @ 7:47 am By Omar Faridi  |  

UK-based digital bank Starling is expanding its business operations into Europe. As of H1 2022, “subject to regulatory approval,” Starling intends to make its Banking as a Service (BaaS) solution offering available in the European Union, which includes France, Germany, The Netherlands and Spain, according… Read More

September 28, 2021 @ 9:36 am By JD Alois  |  

The BIS (Bank for International Settlements) has published a report pertaining to central bank digital currency (CBDC) and payments. Crafted in partnership with the HKMA (Hong Kong Monetary Authority), Bank of Thailand, People’s Bank of China and the Central Bank of the UAE, the document… Read More

September 28, 2021 @ 8:43 am By JD Alois  |  

INCOME, self-described as “the safest marketplace for investing in loans” is crowdfunding on SeedBlink, a Romanian platform. INCOME is an Estonian investment platform that allows smaller investors to invest in loans. The company was founded in 2020 by Kimmo Rytkönen, Mikk Läänemets, and Meliina Räty,… Read More

September 28, 2021 @ 8:06 am By JD Alois  |  

White Oak, an alternative business lender, is reporting that its loan book has topped £500 million for the first time. White Oak noted that its loan book surpassed  £250 million at the end of last year. The lender says it has experienced a record level… Read More

September 27, 2021 @ 11:52 pm By Omar Faridi  |  

The cryptocurrency markets have been trading down after news of another crackdown on the industry from China. The People’s Bank of China (PBoC) has issued a statement that has reiterated that all cryptocurrency trading activities in the country are illegal, and regulatory authorities will be… Read More

September 27, 2021 @ 11:30 pm By JD Alois  |  

Online pension provider, PensionBee (LON:PBEE) says that switching pension providers is too hard. Citing research initiated in-house, PensionBee says that just 26% of consumers found switching their pension provider easy, in contrast to 73% to switch home insurance and 69% for energy providers. PensionBee adds… Read More

September 27, 2021 @ 2:46 pm By Omar Faridi  |  

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers OpenSea, Foundation, SuperRare, RMRK, and Fractional. Spencer Noon reports that analysts have covered the non-fungible tokens or NFTs space for: OpenSea, Foundation, SuperRare, RMRK, and… Read More

September 27, 2021 @ 11:38 am By Omar Faridi  |  

IOHK and Oasis Pro have entered a partnership to create an alternative trading system that will use blockchain or distributed ledger technology (DLT) to open up participation “in primary bond markets to developing countries.” The two firms are teaming up to implement a bond issuance… Read More

September 27, 2021 @ 11:18 am By Omar Faridi  |  

The team at Lithuania-based Debitum, a borderless financing platform, says it’s proud to release asset-backed securities and enter the “regulated financial market.” As mentioned in a blog post by Debitum, dated September 23, 2021,  the company will now be able to continue the journey to… Read More

September 27, 2021 @ 10:54 am By JD Alois  |  

MDOTM, a platform that provides investment advice using artificial intelligence  (AI), has raised €6.2 million in Series B fundraising. Both institutions and individual investors participated in the funding round. Investors include Federico Ghizzoni, Chairman of Rothschild Italy and former CEO of UniCredit; Lorenzo Pagani, Managing… Read More

September 27, 2021 @ 9:59 am By JD Alois  |  

Fintern, a digital consumer lender seeking to improve access to affordable lending, has appointed Andrew Bloom to its board as a Non-Executive Director. Bloom founded Masthaven Bank, and served as its CEO from 2015 to 2020. Masthaven is a UK challenger bank focusing on savings… Read More

September 27, 2021 @ 9:52 am By Omar Faridi  |  

European P2P lending platform Bondora reveals that the number of loans recovered and the amount of cash recovered from missed or skipped payments “jumped higher in August.” This is the opposite of the trend observed in the month of July 2021, which saw these two… Read More

September 27, 2021 @ 8:55 am By Omar Faridi  |  

PAX Technology, a leading payment terminal solutions provider, has unveiled the European launch of the M30 & M50 Android PayPhones (at the payment industry’s Money20/20 event in Holland on 21-23 September 2021). The M-series PayPhones are the “first-ever” smartphones with inbuilt point of sale (PoS)… Read More