Global

May 28, 2021 @ 7:40 am By Omar Faridi  |  

The team at UK-based Sourced Capital, the home of property-backed peer to peer investing, notes that diversifying assets in an investment portfolio to address and mitigate the effects of market volatility is a widely-adopted practice. If you are looking to hedge against volatility in equity… Read More

May 27, 2021 @ 10:25 pm By Omar Faridi  |  

A lot has changed in the United Kingdom’s mortgage market during the past few months, the team at Landbay. an online finance platform for buy to let mortgages, has noted in a blog post. These changes have had a significant impact on all parties involved,… Read More

May 27, 2021 @ 9:32 pm By Omar Faridi  |  

ThinCats, a UK-based lending platform, had published a blog post earlier this month asking whether historically low insolvency rates are “disguising the real financial health of mid-sized businesses.” The ThinCats team has carefully examined insolvency rates across over 400,000 mid-sized SMEs as part of their… Read More

May 27, 2021 @ 2:57 pm By JD Alois  |  

AllianceBlock has announced a collaboration with Hedera Hashgraph. The two firms said they will join forces to advance the global financial ecosystem through DeFi solutions. Simultaneously, AllianceBlock announced the launch of the AllianceBridge, interoperability product – a blockchain agnostic feature. The bridge will use the… Read More

May 27, 2021 @ 12:06 pm By JD Alois  |  

This past February, the European Securities and Markets Authority (ESMA) announced a consultation on technical standards for the Europea Crowdfunding Service Providers Regulation (ECSPR). The move was part of the European Union’s announced harmonization of investment crowdfunding rules. For years, industry insiders and advocacy groups,… Read More

May 27, 2021 @ 8:26 am By Omar Faridi  |  

Gregoire de Lestapis, CEO of October (Spain), a European online lender, recently noted that Spain is a country with many SMEs. Gregoire revealed during a recent interview that Spanish SMEs “account for 99% of the total companies in the country, and 70% of employment and… Read More

May 27, 2021 @ 7:57 am By Omar Faridi  |  

As Fintech companies become a lot more profitable, traditional banks are trying to counter their business strategy with branded digital-only subsidiaries. Fintech firms are getting ready to approach their next “maturity milestone” – profitability – as they showed great resilience during the COVID outbreak, with… Read More

May 27, 2021 @ 7:09 am By JD Alois  |  

Digital bank Zopa is rolling out a “test and learn approach” for the future of workers by allowing all employees to work from wherever they want – including up to 90 days abroad. COVID has forced most companies to reassess working arrangements as virtual offices… Read More

May 27, 2021 @ 6:56 am By Omar Faridi  |  

UK-based Blend Network, an online P2P lender, reveals that April 2021 saw the largest monthly rise in United Kingdom’s house prices since February 2004. According to the Nationwide House Price Index, average UK house prices increased by 2.1% in April compared to March after the… Read More

May 27, 2021 @ 1:17 am By Omar Faridi  |  

Ealier this month, the team at UK-based CapitalRise, a prime property lending platform, had announced a multi-million pound loan advancement for luxury Ealing development. As mentioned in a blog post by CapitalRise, the “dedicated” prime property lender had confirmed the advancement of a multi-million-pound senior… Read More

May 26, 2021 @ 11:21 pm By Omar Faridi  |  

Nate Maddrey and the Coin Metrics research team notes that during the past two weeks, crypto was hit by a “double tsunami” of seemingly negative news. Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk announced that Tesla would no longer be taking Bitcoin payments while adding… Read More

May 26, 2021 @ 11:10 pm 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 Tuesday (May 24) that for the week ending 24 May… Read More

May 26, 2021 @ 10:08 pm By Omar Faridi  |  

Early- and late-stage venture capital experienced “sharp expansions” in pre-money valuations as the “rapid cadence” of VC deal-making from 2020 spilled over into Q1 2021, according to the latest US VC Valuations Report 2021 from Pitchbook. The report notes that for the early stage, both… Read More

May 26, 2021 @ 2:00 pm By Omar Faridi  |  

We recently caught up with Emma-Jane MacKinnon-Lee, Founder of DIGITALAX, an NFT-based digital fashion project. Last month, DIGITALAX teamed up with Polygon, formerly Matic Network, to issue “a hybrid digital and physical fashion line.” The collaboration is focused around the idea of non-fungible tokens (NFTs)… Read More

May 26, 2021 @ 12:11 pm By JD Alois  |  

Digital asset firm Tokeny Solutions has partnered with Monerium to boost the accessibility of digital securities by enabling a digital euro to secondary transfers, according to a note from the company. Monerium is a regulated Electronic Money Institution (EMI) licensed to operate in the European… Read More

May 26, 2021 @ 11:37 am By JD Alois  |  

Apple (NASDAQ:AAPL) has long been a significant Fintech in regards to payments and transfers. The Apple Card, in partnership with Goldman Sachs, has been a big hit and Apple Cash is growing in utilization. Today, Apple may be looking to expand its Fintech services into… Read More

May 26, 2021 @ 10:59 am By Omar Faridi  |  

UK-based Assetz Capital, a peer-to-peer lender that originates secured loans, notes that even during the COVID-19 pandemic, typical capital raise has not been impacted in a “seemingly” large way. According to a blog post from Assetz Capital, businesses are currently looking for funding and there… Read More

May 26, 2021 @ 8:37 am By Omar Faridi  |  

UK-based LendInvest, a property finance Fintech, reveals that they’ve been an early Open Banking adopter, as part of the Buy-to-Let process, using the technology’s potential to facilitate faster deals. LendInvest Senior Underwriter, Tom Steer, recently discussed how Open Banking is working for the company’s underwriting… Read More

May 26, 2021 @ 8:24 am By Omar Faridi  |  

UK’s Paysend, the card-to-card pioneer and global payments platform, has finalized a $125 million Series B round that was led by One Peak, along with contributions from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing investors including Silicon Valley-based Plug and Play. The capital… Read More

May 25, 2021 @ 11:53 pm By Omar Faridi  |  

Peer to peer lending marketplace Mintos has revealed that they’ve managed to hit a new milestone of 400 000 registered users on the platform during this quarter. For firms worldwide, the past year brought “three new time-frames by which business results are now being classified… Read More