Global

April 13, 2021 @ 4:34 pm By Omar Faridi  |  

HSBC (NYSE: HSBC) is reportedly preventing its clients from purchasing shares of MicroStrategy (NASD:MSTR), a company that has been actively acquiring Bitcoin (BTC) as part of its efforts to increase the value of its corporate treasury. HSBC stated that it would not be facilitating the… Read More

April 13, 2021 @ 11:40 am By Samantha Hurst  |  

Ibanera, a global fintech, announced on Tuesday it has teamed up with cryptocurrency intelligence company CipherTrace to enhance Ibanera’s cryptocurrency Anti-Money Laundering (AML) and Know Your Transaction (KYT) compliance solution. As previously reported, Ibanera’s platform provides account issuance, cross-border transfers, and currency exchange services to both… Read More

April 13, 2021 @ 9:51 am By JD Alois  |  

Marketplace lending platform Assetz Capital is looking to boost loan originations in 2021 with a new bridge loan product. According to the Fintech, the lending product will have a 0.65% interest rate for bridge loans from £150,000 to £5 million with LTVs to 75% and terms… Read More

April 13, 2021 @ 7:57 am By Omar Faridi  |  

Modulr, a Payments as a Service API Platform for digital businesses, has revealed that it received a strategic investment from the venture division of FIS. FIS intends to leverage Modulr‘s API-enabled payments infrastructure to carry out and automate real-time, B2B payments in the UK and… Read More

April 13, 2021 @ 7:51 am By Omar Faridi  |  

The United Kingdom and India may be considered global leaders when it comes to adopting the latest financial technologies which aim to benefit both individuals and businesses, according to Alderman William Russell, the Lord Mayor of the City of London. Fintech is transforming the traditional… Read More

April 12, 2021 @ 11:04 pm By Omar Faridi  |  

CommBank’s x15ventures has reportedly made a £1 million investment in order to acquire a significant minority stake in Payble, an Identitii bill payment subsidiary. As mentioned on its official website: “Payble™ is a better way to get paid. Improve cash collection, lower transaction costs and… Read More

April 12, 2021 @ 10:57 pm By JD Alois  |  

Accelerating Asia has announced the fourth cohort of its flagship 100-day program for pre-Series A startups. According to a release, the 11 startups have raised over S$6 million coming into the program. The 11 new portfolio companies cover ten verticals and include companies from Singapore,… Read More

April 12, 2021 @ 4:57 pm By JD Alois  |  

The Cere token offering will launch on Republic Crypto tomorrow,  commencing at 10 AM ET, according to the crowdfunding platform. Called an “industry first’ Cere Network is hosting the Cere public sale across three unique listing platforms including DAO Maker and Polkastarter – but Republic… Read More

April 12, 2021 @ 3:20 pm By JD Alois  |  

Coming off the heels of a report that some Goldman Sachs (NYSE:GS) junior bankers are fed up with extreme workloads, a new report claims that workers at Marcus, the digital banking subsidiary of Goldman, are exiting the firm due to the long workdays and intense deadlines… Read More

April 12, 2021 @ 12:52 pm By Omar Faridi  |  

Inal Kardanov, Co-founder and CTO of Billy, notes in a blog post published by the Waves Protocol developers that NFTs’ “second coming” is set to be even “more successful.” Kardanov, a software engineer focused on blockchain, AI, and machine learning, writes in a blog post… Read More

April 12, 2021 @ 11:42 am By JD Alois  |  

Creditshelf, an online lender serving SMEs in Germany, says it experienced its best quarter in company history. During Q1 2021, creditshelf said it increased its arranged loan volume by 224% to € 37.6 million versus Q1 2020 of € 11.6 million. Growth came from both… Read More

April 12, 2021 @ 10:37 am By JD Alois  |  

Monva, Fintech that is seeking to provide a price comparison marketplace targeting credit cards and loans, and energy switching, has doubled is crowdfunding goal on Crowdcube raising over £450,000. According to the offering page, Monva enticed 598 investors in its equity offering at a pre-money… Read More

April 12, 2021 @ 9:20 am By JD Alois  |  

Binance has announced the launch of digital securities including fractional shares with zero commissions. The world’s largest digital asset exchange has taken a natural next step to offer investors both traditional and crypto-assets. Binance is providing the service in partnership with CM-Equity AG, licensed in… Read More

April 12, 2021 @ 8:43 am By Omar Faridi  |  

EstateGuru, an Estonia-based peer-to-peer lender facilitating secured loans, notes that in March 2021, their investors were able to finance €21.5M worth of loans which is “a new record” on their platform. The German market was notably the largest contributor with €8,3M, followed by Estonia with… Read More

April 12, 2021 @ 8:04 am By Omar Faridi  |  

As it prepares to introduce services in Sweden, Freetrade, a commission-free trading app that’s regulated by the UK Financial Conduct Authority (FCA), has hired Karl Broomé to serve as ts MD to oversee the market activities. Broomé has joined Freetrade after having worked previously in… Read More

April 11, 2021 @ 7:59 pm By Omar Faridi  |  

Robo.cash, a peer-to-peer lending marketplace, reports that Tez Finance has finished placing new loans via its platform. The P2P lender confirmed that as it was communicated earlier, loans by Tez Finance are “no longer available on Robo.cash.” The Robo.cash team added: “Due to legal restructuring… Read More

April 11, 2021 @ 7:50 pm By Omar Faridi  |  

Cryptocurrency intelligence firm CipherTrace is reportedly using Chainlink to release CipherTrace DeFi Compli: a compliance solution enabling decentralized or non-custodial exchanges (DEXs) and other DeFi apps to adhere to the Office of Foreign Assets Control (OFAC) sanctions requirements. As part of its decentralized finance (DeFi)… Read More

April 11, 2021 @ 5:20 pm By Omar Faridi  |  

Ten high-potential technology firms have reportedly been chosen for 11th Annual Fintech Innovation Lab New York. As noted in the announcement (published on April 7, 2021), Fintech solutions aim to leverage AI and advanced data analytics to “address key industry challenges including sustainability.” As mentioned… Read More

April 11, 2021 @ 5:01 pm By JD Alois  |  

Digital bank Revolut has added more names to the list of cryptocurrencies its users can purchase and trade. Last week, Revolut said it had Currency added Cardano, Uniswap, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, and The Graph. Revolut already allows users to… Read More

April 11, 2021 @ 2:42 pm By Omar Faridi  |  

A recent post on Raidforums, a marketplace for purchasing and selling stolen data, has claimed that it has the personal details from millions of users on Paxful, a leading peer to peer Bitcoin (BTC) and Ethereum (ETH) exchange. However, Paxful‘s management stated that they’re false… Read More