Global

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

August 25, 2021 @ 8:22 am By Omar Faridi  |  

EedenBull, a Fintech firm focused on B2B commercial payments tech, has formed a partnership with Sparebanken Vest, which is Norway’s third-largest savings bank. Through the partnership, the companies will offer banking services tech to the bank’s 13,600 business clients across Western Norway. Working cooperatively with… Read More

August 25, 2021 @ 8:19 am By Omar Faridi  |  

SoftPOS Fintech firm Phos has acquired €2 million in capital as it gets ready for a Series A round later in 2021. Established in 2018, Phos assists merchants with accepting payments directly with a card tap via Android mobiles, eliminating the requirement for a separate… Read More

August 25, 2021 @ 8:15 am By Omar Faridi  |  

Fintech firm Westpay AB, and Klarna AB, a global retail bank, payments, and shopping service, have entered an agreement aiming to further expand the reach and “footprint” of Klarna’s payment services. As mentioned in a release, Westpay will now be integrating Klarna’s payment offerings, “making… Read More

August 25, 2021 @ 12:56 am By Omar Faridi  |  

The Tel-Aviv Stock Exchange (TASE: TASE) has released for public discussion a proposal for a considerable reduction of the cost of real-time data to private investors. Around 2 years back, TASE made a notable move by improving the accessibility of trading data and supporting the… Read More

August 24, 2021 @ 11:09 pm By JD Alois  |  

Online investment platform EstateGuru is reporting another solid month as July generated 70 financed projects for a total of €14.3 million.   In a blog post,  EstateGuru said that like in recent months, Germany and Estonia provided the most investor activity. During the month of July,… Read More

August 24, 2021 @ 2:53 pm By Tony Zerucha  |  

The Bitcoin Association, the Switzerland-based global industry organization working to advance business with the Bitcoin SV (BSV) blockchain and digital currency, today announced the three finalists for the 4th Bitcoin SV Hackathon who will compete for a USD $100,000 prize pool (paid in BSV) at… Read More

August 24, 2021 @ 1:49 pm By Omar Faridi  |  

Bringing Bitcoin (BTC) to Cosmos had always been “part of the plan,” according to the Cosmos development team. With the new grant from the Interchain Foundation (ICF) to Interlay, the developers of interBTC, that goal “is getting closer.” Cosmos has always been “ahead of the… Read More

August 24, 2021 @ 8:48 am By JD Alois  |  

Conister Finance & Leasing has been approved as a British Business Bank accredited lender for the UK Government’s Recovery Loan Scheme (RLS). Conister is part of Manx Financial Group (AIM:MFX). The company says the announcement comes at a time when the Government-backed Bounce Back Loan… Read More

August 24, 2021 @ 8:38 am By Omar Faridi  |  

Newly-introduced SME bank, Recognise Bank, reveals that it has acquired £14 million in funding, which includes a recent investment from one of its existing shareholders. The capital injection means that Recognise Bank has now satisfied the financial requirements established by the PRA (Prudential Regulation Authority),… Read More

August 24, 2021 @ 7:38 am By Omar Faridi  |  

It’s been almost a year since Briqpay unveiled the launch of its B2B checkout solution together with the closing of a €606K pre-seed round. On Tuesday (August 24, 2021), Briqpay announced the closing of a €2M seed round that has been co-led by partners from… Read More

August 24, 2021 @ 7:34 am By Omar Faridi  |  

Zepz, previously dba WorldRemit, a digital cross-border payments platform operating two brands (WorldRemit and Sendwave, acquired in 2021), with 11 million+ users across 150 countries, has secured $292 million “in new primary financing, achieving a valuation of $5 billion,” according to a release. The latest… Read More

August 24, 2021 @ 3:00 am By JD Alois  |  

Visa (NYSE:V) has partnered with Ascenda, a loyalty solution for banks seeking a deeper customer relationship, to utilize the company’s Nexus platform across the Asia Pacific region. Ascenda says that the increase in e-commerce has generated new opportunities to engage users before, during and after… Read More

August 23, 2021 @ 11:47 pm By Omar Faridi  |  

Overbond and IPC have announced a new partnership focused on accelerating the automation of fixed-income trading with voice-to-AI technology. Overbond is teaming up with IPC, a provider of secure, compliant communications and multi-Cloud connectivity services for the international financial markets, in order to integrate IPC’s… Read More

August 23, 2021 @ 10:37 pm By Omar Faridi  |  

The Arab Bank, one of the largest financial institutions in the Middle East, has launched its Fintech-focused corporate accelerator program, called “AB Accelerator,” in Egypt, after its successful launch in Jordan in 2018. The launch of this Fintech-related program in Egypt comes as part of… Read More

August 23, 2021 @ 2:27 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) is warning that the Biden Administrations’ tax plan would raise taxes on 2.1 million small businesses – in contrast to the Administrations’ claims. Last week, the White House issued a Fact Sheet on the plan claiming the… Read More