Global

June 16, 2021 @ 10:30 am By Omar Faridi  |  

Meltem Demirors, the Chief Strategy Officer at CoinShares, one of the largest digital asset managers in the world, notes that billionaire hedge fund manager Paul Tudor Jones recommends a 5% allocation to Bitcoin (BTC) as an “effective portfolio diversifier.” 1/ paul tudor jones suggests a… Read More

June 16, 2021 @ 8:54 am By Omar Faridi  |  

The team at Mintos, a peer to peer lending marketplace, notes that goals are proven to have an “energizing” role in our lives, and the higher or greater the goal, the more effort we are likely to put into achieving it. Mintos adds that by… Read More

June 16, 2021 @ 7:56 am By Omar Faridi  |  

UK-based Fintech firm Modulr notes that direct lender Moneyboat had been quite frustrated by the limitations of the existing banking system. That’s why Moneyboat decided to leverage certain infrastructural Fintech payments solutions to provide faster onboarding, automated, real-time loan disbursements and “a superior customer experience,… Read More

June 16, 2021 @ 7:53 am By Omar Faridi  |  

Digital asset investing app provider Change has acquired $4.5 million in capital from 50 private investors at a $214 million valuation. The funds were secured through crowdfunding. Change is reportedly backed by more than 7,000 private investors. The crypto investment app developer says it will… Read More

June 16, 2021 @ 3:17 am By Omar Faridi  |  

Volante Technologies, an established provider of Cloud-based payments and financial messaging, and SIA, a European hi-tech firm focused on payment services and infrastructures  (controlled by CDP Equity), have teamed up to enable banking institutions, financial service providers to gain access to instant payments. This should… Read More

June 16, 2021 @ 2:07 am By Omar Faridi  |  

Paris-based Upflow, a startup that assists B2B firms with getting paid, has secured $15 million in capital via a Series A round which included contributions from 9yards Capital, eFounders, and angels N26 co-founder Maximilian Tayenthal and Uber exec Pierre-Dimitri Gore-Coty. Companies or businesses usually try… Read More

June 16, 2021 @ 1:02 am By Omar Faridi  |  

New Zealand based Buy Now, Pay Later Fintech firm Laybuy is introducing its all-digital BNPL card in the United Kingdom, allowing clients to carry out in-store purchases with just a tap of their smartphones. Clients will be able to load the payment card into their… Read More

June 15, 2021 @ 11:57 pm By Priyanka Pani  |  

UK-based technology platform BankiFi has entered the Australian Financial Services market to provide quick payment transfer, allowing small and medium-sized enterprises (SMEs) and avoid issues like late payment and other cashflow-related woes. The company has already been engaging with Australian financial services organizations from its… Read More

June 15, 2021 @ 10:34 pm By Priyanka Pani  |  

UK-based alternative lender ThinCats has raised £160 million in strategic investment from Wafra Capital Partners (WCP). Amany Attia, CEO, ThinCats, in a statement said: “This is an important next step for us as a lender and allows us to bring the benefits of non-bank lending… Read More

June 15, 2021 @ 8:44 pm By Tony Zerucha  |  

An infamous cyber extortionist is back and is looking for your unprotected assets. The warning comes from cybersecurity and application delivery solutions provider Radware. This week they published a cybersecurity alert warning that Fancy Lazarus, a distributed denial of service (DDoS) extortionist, has returned with… Read More

June 15, 2021 @ 7:53 pm By Priyanka Pani  |  

UK-based debt collection startup  Ophelos has raised $2.3 million pre-seed investment in a round co-led by Connect Ventures and Fly Ventures. It will The startup plans to use the funds to strengthen its customer-centric debt management platform, growing the engineering and customer operations teams. Founded… Read More

June 15, 2021 @ 7:46 pm By Priyanka Pani  |  

Payments Fintech Klarna has launched a Comparison Shopping Service (CSS) to help partner retailers boost customer reach and budget savings. David Sandström, Chief Marketing Officer at Klarna, said, “…we offer retailers a more effective and cheaper way to increase their customer reach and convert highly… Read More

June 15, 2021 @ 4:30 pm By JD Alois  |  

Fintech startup Expend has topped its £500,000 goal on Seedrs and currently stands at over £820,000 from 433 individual investors. Expend previously raised capital from angel investors as well as a prior crowdfunding round. The offering is for a 4.01% equity stake in Expend at… Read More

June 15, 2021 @ 1:58 pm By Tony Zerucha  |  

The Government Blockchain Association (GBA) has scheduled its first event in Ireland for 2 p.m. local time (8 a.m. eastern) on June 24. The topics of blockchain and identity will be discussed on Zoom. The GBA is an international nonprofit association focused on promoting blockchain… Read More

June 15, 2021 @ 1:50 pm By Omar Faridi  |  

EBA Clearing and Iberpay revealed on Tuesday (June 15, 2021) that they have introduced two interoperable services to handle messages and offer functionalities that comply with the updated SEPA Request-to-Pay Scheme (SRTP) developed by the European Payments Council (EPC). The introduction of these infrastructure services… Read More

June 15, 2021 @ 11:53 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (June 14) that for the week ending June 14,… Read More

June 15, 2021 @ 11:11 am By JD Alois  |  

Wise, formerly doing business as Transferwise, is to complete a direct listing on the London Stock Exchange (LSE) according to reports. Wise, a global Fintech and stealth bank, is a leading provider of global transfers and payments. The site was launched in recognition of the… Read More

June 15, 2021 @ 8:23 am By JD Alois  |  

INX Limited, a digital platform that provides trading for crypto and digital securities, has acquired ILS Brokers Ltd (ILSB) based in Israel. According to a company release, ILSB is an interdealer-broker with over 50 tier-1 and tier-2 global bank relationships focusing on OTC trading of… Read More

June 15, 2021 @ 8:12 am By Omar Faridi  |  

Fintech firm Stripe remains focused on expanding its services beyond just payments. The company has introduced a tool that’s designed to assist Internet businesses with securely verifying the identities of their clients from more than 30 different countries. Stripe Identity has been developed to assist… Read More

June 15, 2021 @ 8:08 am By JD Alois  |  

ShareIn, a platform as a service provider enabling online capital formation, sees “stellar growth” in investors seeking out investments that match their beliefs. ShareIn can power online investment platforms for interest-focused firms looking to support environmental infrastructure, Shariah-compliant finance for SMEs, charities, as well as… Read More