Global

May 13, 2021 @ 7:55 am By Omar Faridi  |  

CapitalRise, the dedicated prime property investment platform, revealed on Thursday (May 13, 2021) that it has managed to return over £50 million to investors since launching its operations. According to a release shared with Crowdfund Insider, CapitalRise provided “an average return of 9.2 percent per… Read More

May 13, 2021 @ 7:54 am By Omar Faridi  |  

Bitcoin (BTC) lost considerable ground in April 2021, however, Ethereum (ETH) and other altcoins soared high, OKEx reports in a comprehensive crypto market update. April 2021 finally broke BTC’s winning streak “despite it being a historically positive month for price action,” the report from OKEx… Read More

May 12, 2021 @ 11:17 pm By Omar Faridi  |  

London-based Napier, a provider of anti-financial crime compliance solutions, has revealed that it will be offering ClearBank, the Cloud-powered clearing bank, with its Transaction Screening system. As a purpose-built, tech-enabled clearing bank, ClearBank provides Cloud-based banking services to financial service providers, FCA-regulated companies and Fintech… Read More

May 12, 2021 @ 9:47 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), a multinational provider of real-time virtual payment solutions, reveals that it has expanded its working relationship with KNET, which is Kuwait’s national digital banking firm. Through the expanded partnership, ACI Worldwide and KNET will introduce several innovative virtual payment services in… Read More

May 12, 2021 @ 5:05 pm By JD Alois  |  

Silvergate Capital Corporation (NYSE: SI) will partner with Diem, formerly Libra, to issue a US dollar stablecoin in the US. Silvergate is a Federal Reserve member bank and a provider of financial infrastructure solutions and services for the growing digital currency industry. Shares in Silvergate… Read More

May 12, 2021 @ 4:43 pm By JD Alois  |  

In a significant twist of events, Diem, formerly Libra, has withdrawn its payment systems application in Switzerland. Diem had submitted an application to Switzerland, a crypto-friendly jurisdiction, in anticipation of launching a global cryptocurrency. The  Swiss Financial Market Supervisory Authority (FINMA) said that Diem Networks… Read More

May 12, 2021 @ 11:46 am By Omar Faridi  |  

Balancer Version 2.0, the “most flexible” and efficient automated market maker (AMM) is now live. Balancer Labs, which aims to become the “primary source” of DeFi liquidity by offering the “most flexible” and simple platform for asset management, has announced many new updates. As previously… Read More

May 12, 2021 @ 10:10 am By JD Alois  |  

Raisin, has launched a new “hybrid-robo” ETF configurator in Germany for individual investors. In a note from the company, Raisin is said to be focusing on mid to long-term investing, with a fully automated manager that enables individuals to shape their investments to a greater… Read More

May 12, 2021 @ 9:32 am By JD Alois  |  

Manuel Silva Martinez, General Partner at Mouro Capital, says that concerns about the UK venture capital industry is entirely unfounded. In the UK, venture firms are the most common equity investors in early-stage UK companies. VCs top both investment crowdfunding platforms as well as individual… Read More

May 12, 2021 @ 8:16 am By JD Alois  |  

  LendInvest, a property finance Fintech, is working with Homes England to finance and build 500 apartments in Ashford, Kent. Kings Crescent Homes is the build and the project is expected to cost £90 million. Construction is expected to start immediately to bring into use… Read More

May 12, 2021 @ 7:36 am By Omar Faridi  |  

UK’s Tide, an established business financial platform, and Sage, a provider of Cloud business management software, revealed on Wednesday (May 12, 2021) that they’ve teamed up to offer integrated banking and accounting solutions to Tide members. Developed specifically for users taking their initial steps towards… Read More

May 11, 2021 @ 10:17 pm By Omar Faridi  |  

InvestCloud, a global Fintech company serving large banks, wealth management platforms and fund managers, revealed that it has launched its Wealth Advisor Platform by Mitsubishi UFJ Financial Group (MUFG), which is the largest bank in Japan and also one of the world’s largest financial institutions… Read More

May 11, 2021 @ 8:21 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, best-execution brokerage and market analysis, has released their Weekly Hash Report (dated 5/10/2021). As mentioned in the report from BitOoda, Bitcoin (BTC) surged 3% week on week (WoW), “reaching… Read More

May 11, 2021 @ 3:35 pm By Samantha Hurst  |  

  U.S.-based buy now pay later fintech Affirm announced on Tuesday the financial results of its fiscal 2021 third quarter, which ended on March 31, 2021.  According to Max Levchin, Founder and CEO of Affirm, the company’s third-quarter results reflect on the continuous progress towards… Read More

May 11, 2021 @ 1:22 pm By Omar Faridi  |  

The team at Security Token Market (STM), which offers the latest insights on the global security tokens space, has published the April 2021 edition of the Security Token Market Real Estate report. Security Token Market (stomarket.com) hosts live-trading data from 33 major security tokens across… Read More

May 11, 2021 @ 11:00 am By JD Alois  |  

The German Bundestag recently reviewed legislation that will implement the European Crowdfunding Service Provider Regime Regulation (ECSP). According to industry participants, the German rules may fundamentally undermine online capital formation in the country just as the European Union is poised to boost the industry with… Read More

May 11, 2021 @ 9:28 am By JD Alois  |  

Zumo, a crypto wallet and payments Fintech based in Edinburgh, Scotland, has announced ZumoKit – a crypto as a service platform. The new B2B product is targeting Fintechs and financial institutions that wish to offer cryptocurrencies in a compliant way to meet the demand of… Read More

May 11, 2021 @ 9:13 am By JD Alois  |  

Scottish Equity Partners has invested in FundApps, a UK-based Regtech, for an undisclosed amount according to a note from the company. FundApps is described as a “compliance-as-a-service” (CaaS) business, that improves the way investment managers deal with the regulatory burden by combining cloud technology, regulatory… Read More

May 11, 2021 @ 8:22 am By JD Alois  |  

Global Digital Finance (GDF), a UK-based entity advocating on behalf of the digital asset (or crypto-asset) sector of Fintech, has posted a letter in support of the Eliminate Barriers to Digital Innovation Act of 2021 (HR 1602). The Act was sponsored by US Representative Patrick… Read More

May 11, 2021 @ 7:44 am By Omar Faridi  |  

Railsbank, an established Banking-as-a-Service (BaaS) platform, has teamed up with RationalFX, a UK payments and foreign exchange provider. Through the partnership with Railsbank, RationalFX will be strengthening its product offering in European markets. Railsbank now offers ledger and payment services that will allow RationalFX’s clients… Read More