June 5, 2023 @ 8:35 am By JD Alois  |  

Giesecke+Devrient (G+D) has become a “Digital First integrator” as part of the Mastercard Engage network. G+D says it has expanded its role with Mastercard to facilitate digital payment solutions. Founded in 1852, G+D is a global security technology group headquartered in Munich. G+D develops technology… Read More

June 5, 2023 @ 8:27 am By Omar Faridi  |  

Crypto.com announced that it has received its Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). This announcement follows Crypto.com “receiving its in-principle approval from MAS in June 2022.” With this license, Crypto.com can “continue to… Read More

June 5, 2023 @ 8:24 am By Omar Faridi  |  

Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, announced an integration with the single euro payments area (SEPA) network, allowing members the seamless movement of funds in Euros (EUR). First introduced in 2008 and comprising 36… Read More

June 5, 2023 @ 8:22 am By Omar Faridi  |  

Online pension provider PensionBee launches its new protection insurance offering in partnership with the UK’s tech-driven life protection specialist, LifeSearch. PensionBee customers can now “purchase fully digital mortgage and family life insurance, in addition to critical illness cover, via a simple compare, apply and buy… Read More

June 4, 2023 @ 11:25 pm By Omar Faridi  |  

Ismo, which says it is on a mission to make investing in the financial markets accessible to all, has secured 113% (€823,900.31) of its €725,000 target from 351 investors (at the time of writing) through its crowdfunding campaign, carried out via Crowdcube (with 9 days… Read More

June 4, 2023 @ 10:27 pm By Omar Faridi  |  

Earlier this week, N26 announced the appointment of international regulatory compliance and governance professional Déborah Carlson-Burkart to its Group Supervisory Board. Déborah will reportedly work closely “with existing board members Marcus W. Mosen, Jörg Gerbig, Dr. Barbara Roth and Dr. Julian Deutz, as well as… Read More

June 4, 2023 @ 9:55 pm By Omar Faridi  |  

Sway, a company that aims to turn your phone into a payment terminal & accept in-person payments without transaction fees, has reportedly raised 111% (£627,157) of its £560,000 target from 335 investors (at the time of writing) through its crowdfunding campaign, carried out via Seedrs…. Read More

June 4, 2023 @ 7:58 pm By Omar Faridi  |  

Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most “widely used” stablecoin, has reportedly “surpassed its previous all-time market cap high of $83.2B set in May 2022.” Paolo Ardoino, CTO of Tether, stated: “Today’s numbers demonstrate that people want access… Read More

June 4, 2023 @ 6:54 pm By Omar Faridi  |  

Socotra, the “next-generation” core platform provider for modern insurers, together with Ledgebrook, an InsurTech MGA focused on the excess and surplus (E&S) market,  announced the launch of Ledgebrook’s new platform, powered by Socotra Connected Core. The end-to-end platform empowers Ledgebrook “to redefine speed and service… Read More

June 4, 2023 @ 6:53 pm By Omar Faridi  |  

The team at Tencent is pleased to announce that Tencent Cloud, which is described as one of the world’s leading cloud companies, has entered into a partnership with Chainlink Labs, a developer of the Chainlink Network. This partnership will “help support the development of the… Read More

June 4, 2023 @ 5:29 pm By Omar Faridi  |  

Mortgage entrepreneur, Ying Tan, will reportedly take the position of CEO at Habito (subject to Financial Conduct Authority approval) and aim to become a significant shareholder in the business. This update comes as Habito, the digital mortgage broker and home-buying service, finalizes its most-recent round… Read More

June 4, 2023 @ 5:28 pm By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), and Skyward Specialty Insurance Group Inc. (NASDAQ: SKWD) , a firm focused on the specialty property and casualty market, announced a partnership agreement that “expands Cowbell’s coverage and capacity of its Prime 250… Read More

June 4, 2023 @ 5:24 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, has reportedly enabled its customers “to save over USD 8 billion (~BRL 40 billion) in bank fees in 2022.” The data is presented in Nubank’s ESG Report 2022, published… Read More

June 4, 2023 @ 12:47 pm By Omar Faridi  |  

Sana, the AI-powered learning and knowledge platform, announced it’s landed another $28M in an opportunistic investment round led by NEA. Workday Ventures also joined the round. With a combined total of $62M in Series B funding, the Swedish-born scaleup is now “one of the most… Read More

June 4, 2023 @ 12:21 pm By Omar Faridi  |  

Ubiquity, a global business process outsourcer for industry innovators, announces the following three executives have joined its team “to support business development across the U.S. and expand its footprint in the U.K. and Europe:” Brad Richardson as chief sales officer; John Goodale as executive director,… Read More

June 4, 2023 @ 12:17 pm By Omar Faridi  |  

Green fintech ekko has announced its board of advisors. The team “includes experts in climate change, commercial, scale-ups, marketing, financial services, technology, and customer-led growth industries.” As noted in the update, ekko has announced “the formation of its board of advisors.” The board comprises “a… Read More

June 4, 2023 @ 11:27 am By Omar Faridi  |  

DivideBuy, which was recently acquired by Zopa Bank, has announced the appointment of Amanda Robinson as its new Enterprise Business Development Manager. DivideBuy’s 60-second checkout and conversion uplift tools “are delivering an increase in credit sales of up to 70%.” In February 2023, UK bank… Read More

June 4, 2023 @ 11:22 am By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced that Platinum Federal Credit Union (PFCU) is working with Jack Henry to improve their community’s financial health “by growing their membership and focusing on the financial health of their members.” PFCU claims it is “one of the fastest-growing credit unions… Read More

June 4, 2023 @ 11:12 am By Omar Faridi  |  

Consumer demand for travel, leisure and other experiences remains strong despite the increase in cost of living according to Paysafe (NYSE: PSFE) research. The payments platform found “that 51% of consumers are still prioritising spend in these areas over other discretionary spending.” The research also… Read More

June 4, 2023 @ 7:27 am By Omar Faridi  |  

Hyro, which claims to be the leader in plug-and-play conversational artificial intelligence (AI), announced that it has finalized a $20 million Series B funding round led by Macquarie Capital, with participation from new investors Liberty Mutual Strategic Ventures, Black Opal Ventures, and K20, as well… Read More