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

Liti Capital Launches “Scambusters” Targeting Crypto Scams

Liti Capital SA, a Switzerland based litigation funding platform, has launched a new service called “Scambusters.” According to a release, the new feature will enable users to vote for which crypto fraud case the platform should pursue in the future. Any LITI or wLITI token… Read More

Vesta Report: CNP Fraud Is Becoming Highly Sophisticated, Resulting in New Threats for Merchants Globally

Vesta, a transaction guarantee platform for digital or online purchases, has published its Global Card-Not-Present (CNP) Fraud Report, which features an analysis of millions of virtual transactions from Q1 2020 through Q1 2021 in order to track how CNP fraud has evolved during that particular… Read More

Prodigy Finance Acquires $750M in Capital to Expand into New Regions

Prodigy Finance, the Fintech firm that’s focused on cross-border lending for postgraduate international students, has finalized a funding deal from CPP Investments – which will see the institutional investor offer as much as $500 million of financing via its wholly-owned subsidiary CPPIB Credit Investments Inc….. Read More

BNPL Pay Secures $7.14M to Bring Together Centralized Finance and DeFi, starting with Buy Now Pay Later Sector

BNPL Pay has finalized its investment round. The Fintech company has secured a total of $7.14 million for the ongoing development of its protocol. As previously reported, the BNPL token is the utility and governance token of the BNPL Pay ecosystem. Below is a breakdown… Read More

UK Fintech Payaca, a Virtual Job Management Service, Secures Investment from Blackfinch Ventures

Payaca, a Fintech firm that’s behind a virtual job management service that assists companies and trade-based businesses with improving operations, has acquired a £331,000 investment from Blackfinch Ventures. Targeted at SMEs in order to increase their chances of getting contract work, Payaca’s mobile and web… Read More

Litigation Finance Company Liti Capital Sees Responsibility to Grow Safer Crypto Sector

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While the baseline premise behind Liti Capital is interesting enough on its own, the founding team’s vision for the company and the cryptocurrency industry as a whole suggests it is well-positioned to be around for the long haul. Executive chairman and CIO David Kay previously… Read More

ERC3643: Tokeny Comments on New Protocol for Tokenized Assets

Tokeny Solutions has issued a statement on the new ERC3643, a protocol currently in use by some financial institutions. EIP-3643: T-REX is an Ethereum based standard that is described as an institutional-grade security token standard that provides interfaces for the management and compliant transfer of… Read More

eToro Commits $1M Stake to GoodDollar Universal Basic Income Initiative

eToro, a multi-asset investment platform that empowers consumers to grow their knowledge and wealth as part of a global community of investors, reveals that it’s “reinforcing its commitment to opening the digital economy to the next billion global crypto users.” eToro confirmed in a release… Read More

Fasanara Capital Raises €250 Million Fintech Fund, Backed by the European Investment Fund

Fasanara Capital has closed on a €250 Million Fintech Fund that was supported by the European Investment Fund (EIF) that made a “cornerstone” investment in the fund. Fasanara Capital is a boutique alternative asset manager and an investor in Fintech lending in Europe. The fund… Read More

Payments Fintech Vyne Reports Big $15.5 Million Seed Round

Vyne, an open banking firm in the payments sector, is claiming the title as the largest seed funding valuation for any UK open banking contender to date. Vyne says it is currently processing millions of pounds worth of transactions each month at a growth rate… Read More

Temenos Collaborates with Aion Bank, Vodeno on Banking as a Service

Temenos (SIX: TEMN) has announced a new partnership with Aion Bank and Vodeno to deliver Banking as a Service (BaaS) in Europe. Temenos is a banking software provider. Aion is a licensed bank and Vodeno is a cloud service aiding financial services firms. The company… Read More

Strive UK, Aiming to Help Small Businesses, Launched by Mastercard

Mastercard has announced the launch of Strive UK a project designed to assist micro and smaller firms adapt to the ongoing digital transformation. An initiative created by the Mastercard Center for Inclusive Growth, the program aims to empower SMEs in the UK to succeed in… Read More

Finastra Introduces Total Lending Home to Provide Access to its Lending Services via Single Entry Point

Finastra has introduced Total Lending Home, a Cloud-powered platform for deploying and managing the Total Lending suite of solutions. Lending products offered via the Total Lending Home portal reportedly include Fusion LaserPro, Fusion DepositPro, Fusion Compliance Reporter and ProSign Online, with more lending solutions to… Read More

Switzerland based Digital Identity Firm fidentity Acquires Funding from Spicehaus Venture Fund

Spicehaus says they are pleased to confirm the 10th investment of the Spicehaus Swiss Venture Fund. Fidentity offers automatic online identification of customers (KYC). The software can automatically match a live image or “selfie” with “the corresponding identification document.” Unlike other solutions in the market,… Read More

Enhanced Transaction Reporting Services to be Offered via Euronext and Qomply Partnership

Qomply, an established transaction reporting company, and Euronext, the pan-European market infrastructure provider, have confirmed a connectivity partnership that aims to provide an enhanced transaction reporting service for industry participants. By connecting services, Qomply and Euronext will offer customers with a simple and straightforward solution… Read More

WLPayments Introduces Zero Code Payments as a Service Platform

WLPayments has introduced its Zero Code Payments as a Service platform. The launch of the new platform has come with a containerized architecture, a server-agnostic approach, along with the integration of microservices. The result of adding these features is an adaptive and fully customizable payment… Read More

Cross-Border Trade Finance Provider Incomlend Boosts Factoring Solution

Incomlend, a global invoice financing marketplace and cross-border trade facilitator, has announced a new invoice financing program for a pan-European metal trading firm. Founded in Singapore and with offices around the world, Incomlend connects SMEs globally with communities of investors. This enables them to buy… Read More

Young European Exchange Equiduct Starts Trading ETFs

Equiduct, a retail securities exchange, is now offering Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) trading on Apex – Equiduct’s on-exchange Best Execution service with zero trading fees for retail brokers. Equiduct is a market segment of Börse Berlin. Equiduct states that ETFs… Read More

“Alisa,” the Voice Assistant from Russian Tech Firm Yandex, Is Now Available for VTB Bank

“Alisa”, the voice assistant from Russian tech firm Yandex, is now available for Russia’s VTB Bank (MCX: VTBR). She’ll be able to inform consumers about the products, tariffs and the banking platform’s services. She can also go over loan applications and offer advice or suggestion… Read More

HCL Technologies Commits to Application Services Partnership with Lendico, a Brand of ING Germany

HCL Technologies, a global tech firm, has agreed to a multi-year application services transformation partnership with Lendico, which is a brand of ING Germany, in order to deliver application and engineering services to help it create a digital platform that makes business banking faster and… Read More

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