Global

June 1, 2021 @ 10:16 pm By Omar Faridi  |  

HeyTrade, a full-stack investing platform, is teaming up with Veriff, the international ID  verification solution provider ensuring both compliance and the highest level of security. The application makes the process between sign-up and investing simple and fast while Veriff adds on another layer of security… Read More

June 1, 2021 @ 5:31 pm By Omar Faridi  |  

US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Tuesday (June 1, 2021) that it has hired Ian Strudwick  to serve as the company’s GM and Head of Asia Pacific (APAC). Ian’s appointment is effective immediately. His appointment has come after David Ingleson… Read More

June 1, 2021 @ 4:12 pm By Omar Faridi  |  

BondIT, an established provider of asset and wealth management tech, has hired Dr. David Curtis as its Partner and Head of Global Client Business. In his new role, Curtis will be expected to lead BondIT’s business expansion internationally in order to meet the rising demand… Read More

June 1, 2021 @ 3:19 pm By Omar Faridi  |  

Berlin-based wefox, a leading digital insurance firm, has acquired $650 million in capital as part of a Series C round. wefox now reports a post-money valuation of $3 billion. This latest investment round represents the largest Series C to date for an Insurtech (internationally), according… Read More

June 1, 2021 @ 12:43 pm By Omar Faridi  |  

Wealth management providers are always looking to empower their customers with the best financial security and equitable access to the appropriate financial services. But they may be challenged because of the costly, inefficient, and outdated technology solutions being offered today. WealthOS is introducing what it… Read More

June 1, 2021 @ 12:35 pm By Omar Faridi  |  

Digital asset firm Coinbase (NASDAQ:COIN) announced on Monday (May 31, 2021) that it has unlocked stable (stablecoin) pair trading. Crypto exchange Coinbase says its mission is to “increase economic freedom in the world.” According to the company that recently went public, an open financial system… Read More

June 1, 2021 @ 12:00 pm By JD Alois  |  

Envestors is a unique online investment platform operating in the UK that bridges the crowdfunding market with a white-label service. Envestors also operates a “private investment club” that lists offerings for sophisticated investors. Since its launch, Envestors reports over £112 million raised for early-stage ventures. To… Read More

June 1, 2021 @ 8:30 am By Omar Faridi  |  

Bankable, the global developer of Banking as a Service (BaaS) solutions, Aion Bank, a full service, European licensed digital bank and credit institution regulated in Belgium, and Vodeno, a Cloud-based “360” platform for digital financial services, have unveiled as 10-year strategic, multi-layered partnership for European… Read More

June 1, 2021 @ 8:08 am By JD Alois  |  

Online credit marketplace CrossLend GmbH has joined the Association of German Credit Platforms (VdK) as a full member. CrossLend is a Fintech authorized and regulated by the Federal Financial Supervisory Authority and regulated by the Luxembourg CSSF. The Association of German Credit Platforms advocates for… Read More

June 1, 2021 @ 7:35 am By Omar Faridi  |  

UK based money app Ziglu, which has been developed by Mark Hipperson, one of the founders of Starling Bank, reveals that it will be introducing an investment product offering that will provide an interest rate of 5% APY. Called Sterling Boost, the product will be… Read More

May 31, 2021 @ 4:44 pm By Omar Faridi  |  

Digital banking Unicorn Revolut reveals that May 2021 could potentially have been its best month ever in terms of product updates and overall progress. The Revolut team notes in a blog post that they introduced Version 8.0 of their Fintech app which added new Gift… Read More

May 31, 2021 @ 3:55 pm By Omar Faridi  |  

Financial technology companies UP Fintech (NASDAQ:TIGR), an Asian online brokerage firm focusing on global investors; Sea, a digital commerce business; Huobi Technology, a blockchain-focused company; and Razer, a multinational gaming and financial services provider, were among the firms that have been added to the MSCI global indexes… Read More

May 31, 2021 @ 10:17 am By Omar Faridi  |  

Major banking institutions in the UK like Barclays have decided to block or prevent their clients from transferring money to virtual currency exchanges. Digital banking Fintechs such as Monzo and Starling Bank have also been cracking down on crypto-related entities and transactions they may be… Read More

May 31, 2021 @ 8:53 am By Omar Faridi  |  

UK-based payments platform GoCardless notes that Yorkshire Energy CEO Anne Faulder, who has a background in executive roles in local and central government (and the NHS), understands how building a “strong culture” around shared values is “vital” for any business that wants to “make a… Read More

May 31, 2021 @ 7:59 am By Omar Faridi  |  

Sweden’s reserve bank will reportedly be working cooperatively with commercial lender Handelsbanken in order to test out how the nation’s proposed digital currency, the e-krona,  may handle payments in the real world, the Riksbank revealed on Friday (May 28, 2021). Reserve banks across the globe… Read More

May 30, 2021 @ 7:05 pm By Omar Faridi  |  

Karachi’s Seed Labs, which has developed a new trading app (called dTrade), has secured $6.4 million in capital through a seed funding round at a $50 million valuation. Seed Labs co-founders Ahmad Jawaid, Zabi Mohebzada, Rabeel Jawaid, and Yameen Malik have helped create the dTrade… Read More

May 30, 2021 @ 4:41 pm By Omar Faridi  |  

Railsbank, an established embedded finance platform, has reportedly hired Ben Smith as General Manager for Australia as the banking-as-a-service (BaaS) platform expands operations across the Asia Pacific (APAC) region. Smith has earned a degree in Chemistry from The University of Manchester before he moved to… Read More

May 30, 2021 @ 2:34 pm By Omar Faridi  |  

Total trade volume between Qatar and the United Kingdom reportedly reached £7 billion last year, even though there were restrictions in place (partly due to COVID). The strong trading activity is also being reported after various challenges related to the pandemic and resulting socioeconomic uncertainty,… Read More

May 30, 2021 @ 11:37 am By Omar Faridi  |  

ChainSafe has reportedly received a development grant to natively integrate Chainlink (LINK) into the Cosmos software development kit (SDK). As previously reported, the Chainlink Community Grant Program offers financial resources to the development teams and researchers creating a “more functional, accessible, and socially impactful” Chainlink… Read More

May 30, 2021 @ 10:33 am By Omar Faridi  |  

Shruti Appiah, Senior Product Manager at IOHK, an organization focused on the ongoing development of Cardano (ADA) and various other initiatives, notes that when she logs into her stock trading apps to acquire exchange-traded funds (ETFs), she may face issues like the platform not being… Read More