Global

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

Marygold & Co Purchases Tiger Financial & Asset Management in Move to Launch UK Fintech App

Marygold & Co, a neobank that is providing banking services in partnership with LendingClub Bank, has purchased Tiger Financial & Asset Management in a move said to be a precursor to a UK launch of a Fintech app. According to International Advisor, Marygold & Co’s… Read More

Crypto Community Split on DOGE

While DOGE could hit at 42 cents by the end of 2021, the increase won’t last long, according to the average panel forecast in Finder’s Dogecoin Price Predictions Report. In fact 80 per cent pf panelists believe DOGE is a bubble. “I would expect DOGE… Read More

Umbrella Network, a Decentralized Layer 2 Oracle Network, Launches Community Validator Program

Umbrella Network, the decentralized Layer-2 Oracle network, revealed that it has launched its community validator program. As mentioned in a release shared with Crowdfund Insider, the onboarding of community validator members will aim to “democratize” Oracle data and enable members or participants of the network… Read More

Cash Tech Solutions Provider GLORY LTD to Become Cornerstone Investor in OneBanks, a Shared Branch Banking Innovator

GLORY LTD., an international provider of cash tech solutions to the financial, retail and quick service restaurant industries, reveals that it will aim to become the “cornerstone” investor in the UK’s OneBanks, the shared branch banking “innovator,” as part of a Series A round in… Read More

PayPal Payment Options to be Offered by ACI Worldwide, a Real-Time Virtual Payment Software Provider

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time virtual payment software and related services, reveals that it will be working with PayPal in order to bring online wallet payment options to ACI’s biller customers including Monroe County Water Authority (MCWA). PayPal and Venmo will… Read More

Low Code Software with A Service Platform CLEVR Acquires Digitread, a Product Lifecycle Management System

CLEVR, the low-code and no-code software-with-a-service specialist, reveals that it has acquired Digitread, one of the emerging companies focused on Product Lifecycle Management (PLM) system integration and a “platinum-level” solution partner of Siemens. The acquisition should help raise CLEVR‘s profile and support its geographic and… Read More

UK’s Property Finance Platform LendInvest Enters £150M Partnership with Barclays, HSBC

LendInvest (LON: LINV) has reportedly entered a £150 million partnership with Barclays (LON: BARC) and HSBC (NYSE: HSBC). UK-based LendInvest, an asset management platform that’s focused on property finance, has reportedly committed to £150 million partnership with Barclays and HSBC in order to get funding… Read More

Trade Finance Network Contour Partners Global Shipping Business Network to Offer All-Digital Trading, Financing, Shipping Solution

Online trade finance network Contour has teamed up with the Global Shipping Business Network (GSBN) in order to provide an all-digital solution for participants involved in trading, financing and shipping goods across the globe. As mentioned in the announcement: “Pandemic-induced lockdowns and the subsequent explosive… Read More

Digital Investment Platform Bitpanda Finalizes $263M Series C at $4.1B Valuation

The beginning of 2021 marked a key milestone moment for Bitpanda, as the digital investment platform achieved Unicorn status. Bitpanda notably became the very first Austrian firm to exceed the billion-dollar valuation mark. It took them around 7 years to go from 0 to a… Read More

UnionPay International Introduces First Contactless Digital Wallet in Tajikistan

UnionPay International (UPI) reveals that it has teamed up with the International Bank of Tajikistan in order to introduce the nation’s first contactless digital wallet, notably making UnionPay the very first payment service to provide mobile contactless payment options in the country. The number of… Read More

Liti Capital Lists wLITI on HitBTC Centralized Exchange

Swiss litigation financing company Liti Capital has listed its wLITI token on HitBTC, the first time it has listed on a centralized exchange (CEX). The move follows its recent listings on decentralized exchanges (DEXs) Uniswap and 1Inch Exchange. “We are very excited to list on… Read More

XDC Network is First Blockchain Operation to Join Trade Finance Distribution Initiative

XDC Network, a hybrid blockchain platform for global trade and finance, has been selected as the first blockchain company to join the global Trade Finance Distribution (TFD) Initiative, according to a note from XDC. The TFD Initiative is a consortium of trade originators, credit insurers,… Read More

Ximena Alemán: Co-CEO at Prometeo, the LatAm Fintech Leading Open Banking Adoption, Reveals how They’re Enabling Financial Inclusion

Ximena Alemán, Co-CEO at Prometeo, the Latin American (LatAm) Fintech firm that’s leading Open Banking adoption throughout the region, recently shared key industry insights with Crowdfund Insider. Prometeo recently announced the launch of Spark, which is a free-of-cost program for high-potential startups, Fintechs, as well… Read More

Messi Signing Further Proof of Promising Crypto Future

A recent transaction in professional soccer further supports cryptocurrency’s bright future, deVere Group CEO Nigel Green said recently. Green spoke shortly after the announcement global soccer legend Lionel Messi will be partially paid in cryptocurrency following his move to French soccer club Paris Saint-Germain (PSG)…. Read More

Ondo Finance Secures $4 Million to Bring Programmable DeFi to Investors with Different Risk Preferences

Ondo Finance reveals that it has secured $4 million in capital in order to bring “programmable” DeFi returns to investors with “a wide array” of risk preferences. The equity round has reportedly been led by Pantera Capital along with contributions from Genesis, Digital Currency Group,… Read More

Revolut is Making Millionaires of Early Employees: Report

Revolut, a top neobank that has global aspirations, is making millionaires of many of its employees. It is not just its founders that benefiting from the Fintech’s success but others that have picked up shares in the private company as it has grown. Revolut’s most… Read More

P2P Lender Žltý melón Utilizes Salt Edge Open Banking Platform

Žltý melón has partnered with Salt Edge, a European Open Banking service provider, to incorporate PSD2 compliant access to data to improve the loan application process. Žltý melón is a peer-to-peer lender based in Slovakia that also offers a host of services in partnership with… Read More

Crypto Regulatory Compliance Firm Uppsala Security Introduces Digital Asset Tracking Service

Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, and cybersecurity, revealed that it has rolled out its Digital Asset Tracking Service, a solution developed for ransomware victims as well as crypto crime “caused by theft, hacking,… Read More

Bitcoin (BTC) Network Difficulty Reset Took Target Hashrate to 111 EH/s, Up 7% Over Prior Epoch: Report

The researchers at BitOoda have noted in a recent update that this past Friday’s Bitcoin (BTC) network difficulty reset “took the target Hashrate (or amount of computing power securing the network) to 111 EH/s, up ~7% over the prior epoch.” BitOoda, a global digital asset… Read More

Marqeta Goes Green with Recycled Plastic Cards

Modern card platform Marqeta (NASDAQ: MQ) is now offering physical cards made from recycled plastic alongside a partnership with rePurpose Global to offset its plastic footprint. In the eco-friendly push, Marqeta will let its customers order physical cards made from 43 percent recycled material, offered… Read More

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