Global

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

EstateGuru Reports 80 Loans Financed in June 2021 with a Total of €15.3M Being Funded

The team at EstateGuru, an online lending platform that offers retail investors the ability to back loans secured by property, notes that even though we’re in the middle of really hot summer days and the start of the holiday season, the platform has still seen… Read More

Blockchain Analysis Providers’ Data Reveals Dramatic Variations on Details About P2P Crypto Transactions: Report

Leading blockchain analysis firm Chainalysis has released an update titled, “Not All Blockchain Analysis Providers Are the Same and Other Insights from FATF’s Second 12-Month Review.” The Financial Action Task Force (FATF) is the inter-governmental entity that’s responsible for establishing international standards relating to anti-money… Read More

Polygon (MATIC), Enjin (ENJ) Trading Now Available for US, Canada, Australia Residents via Kraken

After digital asset firm Kraken’s listings of Enjin (ENJ) on May 14 and Polygon (MATIC) on May 17 for most jurisdictions, the company is pleased to confirm the availability of Polygon and Enjin trading for US, Canada and Australia residents. Trading for both assets are… Read More

DeFi focused Wealth Management Platform YIELD App Reports Strong H1 2021, with 45,000+ Users

The team at YIELD App, the developers of a fast-growing wealth management platform for digital assets, has published their second progress report – which reveals that users for their app have doubled while assets have increased by 3x since the last update. The YIELD App… Read More

Global Mobility Solutions Provider Comviva Introduces mobiquity Pay X, a Digital Wallet and Payments Platform

Comviva, the international leader in mobility solutions, reveals that it has launched mobiquity Pay X, which is described as a next-gen digital wallet and payments platform. mobiquity Pay serves as a digital financial services solution, supporting more than 70 digital wallets and payment services for… Read More

France – Venture Capital Trends: 17 Unicorns

  France, not always at the top of mind when it comes to innovative tech firms, is gaining traction when it comes to VC funding of innovative young firms. According to research by Avolta Partners, a boutique investment bank, there are now 17 unicorns in… Read More

Digital Asset Exchange Liquid Group and Stellar Development Foundation Offering Stellar USDC to Liquid’s Clients

Digital currency exchange platform Liquid Group, Inc. and the Stellar Development Foundation (SDF) have revealed that Stellar USDC, a major stablecoin, is now available to Liquid’s exchange clients. Liquid is adding multi-chain support for USDC by expanding its products into a Stellar-enabled version. By bringing… Read More

Harmonised EU Framework for Consumer Credit May Impact Crowdfunding Platforms

Recently, the European Commission distributed a proposal pertaining to the harmonization of consumer credit. The proposal is being reviewed in light of the advent of the digitization of consumer credit. To quote the factsheet distributed by the Commission: “Consumer credit helps consumers finance all sorts… Read More

Verso Wealth Management Platform to be Introduced by Munnypot Ltd after it Acquires Whitefoord LLP

Munnypot Ltd confirms that it has teamed up with Cairngorm Capital Partners LLP and has acquired Whitefoord LLP, in order to introduce Verso Wealth Management, which is a wealth management group offering financial advice and investment management that’s supported by an all-digital platform. Cairngorm Capital… Read More

Open Banking Firm Tink Appoints New Chief Revenue Officer

Tink, an open banking platform, has appointed Rowan Taylor as its new role of Chief Revenue Officer (CRO). Taylor previously worked at AWS and is said to have 26 years of experience in banking technology including stints at Accenture, KPMG and Gartner. Taylor will be… Read More

The Bank of Lithuania Warns Binance on Unlicensed Services

The Bank of Lithuania has issued a warning targeting Binance and its “unlicensed investment services provided in Lithuania.” The Bank did not indicate whether or not it was taking further action to compel Binance to cease any activity within Lithuania. The central bank ordered Binance… Read More

Blockpass and OpenDeFi to Offer Regulatory Compliance, Security Solutions for DeFi, Real-World Assets

Blockpass and OpenDeFi are pleased to confirm their new partnership. Blockpass and OpenDefi will be working together to offer regulatory compliance, security and various other benefits to the intersection of decentralized finance and real-world assets, referred to as  “Open Finance.” The two organizations will also… Read More

Assetz Capital Boosts Executive Bench to Accelerate Bridging Loan Book

Marketplace lending platform Assetz Capital has added two executives to its bridging team to accelerate the growth of bridge loans. Assetz Capital states that the moves signal a strategic focus on the bridging market for the lender. Since 2013 the Fintech has originated about £1.5… Read More

iPipeline, a Provider of Low-Code / No-Code Content-enabled Solutions to Financial Services Sector, Partners with UK’s OneFamily

iPipeline, a provider of low code / no code content-enabled digital solutions and services to the financial services sector, has entered iinto a partnership with OneFamily, which is one of United Kingdom’s largest financial mutual societies. iPipeline’s SSG Digital platform will be replacing OneFamily’s savings,… Read More

Spendwisor, a Mobile Payment App with US, UK, Qatar Offices, Secures $50M from Luxembourg’s GEM Global Yield

Spendwisor, a US-headquartered mobile payment app with business offices and service locations in Qatar and the United Kingdom, has confirmed a QAR 190 million ($50 million) investment commitment from GEM Global Yield, a $3.4 billion Luxembourg-headquartered private alternative investment group. The company plans to use… Read More

Ethereum Scaling Solution Polygon Partners Community Gaming to Support Instant Payments in E-Sports

Polygon has partnered with Community Gaming in order to enable scalable E-sports tournaments. Built for grassroots tournament organizers, Community Gaming’s platform has been designed to  make it easier to develop custom e-sports tournaments within minutes with preconfigured payments. As noted in a release shared with… Read More

Fintech Software Testing Solution Provider, Exactpro, to Expand Operations into Lithuania, Sri Lanka

Exactpro, an independent provider of software testing solutions for “mission-critical” financial technology, will establish new subsidiaries in Lithuania as well as Sri Lanka. Alexey Zverev, Co-CEO and Co-founder at Exactpro, notes that it’s been a great honor for the company to serve its customers globally… Read More

QED Investors Has Busy Q2: Morris

The recently completed second quarter was a busy one for QED Investors, co-founder and managing partner Nigel Morris said in a recent investor update. So far this year QED has invested in 14 companies, Morris said, while describing the pace of deal-making as “frenetic”. Seven… Read More

Banking Software Firm Temenos Introduces Next-Gen Digital Banking with its Infinity Micro Apps

Temenos (SIX: TEMN), the banking software firm, brings to market the next-gen in virtual banking with Temenos Infinity Micro Apps. Temenos Infinity Micro Apps are now able to provide packaged business capabilities (PBC), for banking platforms to quickly develop customized digital customer experiences by adding… Read More

Crypto Financial Services Firm Matrixport Adopts Elliptic Lens to Screen Virtual Currency Wallets, Offer Safe Financial Environment

Crypto financial services firm Matrixport reports that it has adopted Elliptic Lens in order to screen virtual currency wallets and offer a safer financial environment for their clients. As noted in a blog post by Elliptic, Matrixport aims to serve as a one-stop cryptocurrency financial… Read More

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