July 31, 2022 @ 9:17 pm By Omar Faridi  |  

Ageras Group—whose suite of financial and accounting software powers more than one million small businesses across Europe and North America—announced that it has acquired Kontist, a Berlin-based neo-bank “focused on the complex accounting and banking needs of Germany’s growing populations of microbusinesses and self-employed workers.”… Read More

July 31, 2022 @ 9:17 pm By Omar Faridi  |  

Recently, Jorn van Duijnhoven was asked to take on the role of Head of Customer Success at European online lender at October. Jorn van Duijnhoven has been appointed “due to changes” within October’s organization. He stated: “I have to say that I didn’t see it… Read More

July 31, 2022 @ 8:54 pm By Omar Faridi  |  

At the beginning of July 2022, the Debitum Asset-Backed Security (ABS) offer was 5, TRIPLE DRAGON had 15 underlying assets in 3 ABSs, EVERGREEN CAPITAL had 45 underlying assets in 2 ABSs. The number of registered users (activated) in June 2022 “reached 9357 registered users.”… Read More

July 31, 2022 @ 8:38 pm By Omar Faridi  |  

FTX Exchange FZE announced that it has received approval “to enter Dubai’s ‘Minimum Viable Product’ (MVP) program for Virtual Assets under the world’s only specialist regime for this sector operated by the Virtual Asset Regulatory Authority (VARA).” As a subsidiary of FTX Europe, FTX Exchange… Read More

July 31, 2022 @ 7:21 pm By Omar Faridi  |  

Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has partnered with Atome, which claims to be Asia’s leading Buy Now Pay Later (BNPL) brand, to “enable flexible deferred payment acceptance during checkout at online and offline RMS merchants.” Starbucks is among the first… Read More

July 31, 2022 @ 7:01 pm By Omar Faridi  |  

The International Financial Services Centre Authority (IFSCA) and the Monetary Authority of Singapore (MAS) recently exchanged a Memorandum of Understanding (MOU) on supervisory cooperation “in the presence of the Honorable Prime Minister of India Shri. Narendra Modi at GIFT City, Gandhinagar, India.” The MOU provides… Read More

July 31, 2022 @ 6:45 pm By Omar Faridi  |  

With growing global concern around the climate emergency and unsustainable agricultural practices, many countries, enterprises, and startups are “collaborating to build sustainable solutions that tackle the harmful effects of climate change,” according to an update from Chainlink. At the forefront of the battle against climate… Read More

July 31, 2022 @ 6:25 pm By Omar Faridi  |  

Jumio, which claims to be the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, recently announced the “highest sales” of any quarter in the history of the company, “fueled by an ongoing need for modern enterprises across all industries and geographies to… Read More

July 31, 2022 @ 4:31 pm By JD Alois  |  

This past week, the Securities and Exchange Commission (SEC) published its 41st annual Small Business Forum report, an effort to help guide the Commission on important issues facing small businesses and access to capital in the USA. While the SEC focuses most of its attention… Read More

July 31, 2022 @ 2:44 pm By Omar Faridi  |  

Chainalysis has an established history of supporting U.S. government agencies. They’ve helped on cases “involving terrorism financing campaigns, child abuse material, darknet markets, ransomware gangs, North Korean hacking and more, leading to the seizure of billions of dollars worth of cryptocurrencies.” These successes demonstrate “the… Read More

July 31, 2022 @ 11:22 am By Omar Faridi  |  

The Office of Financial Research (OFR) announces the launch of its Climate Data and Analytics Hub pilot, which is a new tool “to help financial regulators assess risks to financial stability stemming from climate change.” This collaborative environment will “improve users’ access to public climate… Read More

July 31, 2022 @ 10:53 am By Omar Faridi  |  

As part of its strategy to power its next phase of growth, global crypto exchange CEX.IO has appointed Checkout.com as its preferred global payment processor, which uses Visa Direct, Visa’s real time money movement network, “to provide real-time off-ramps for its customers.” Since its launch… Read More

July 31, 2022 @ 9:18 am By Omar Faridi  |  

KuCoin, a global cryptocurrency exchange, has announced the launch of its NFT ETF Trading Zone (on July 29, 2022). The new product aims “to improve the liquidity of NFT assets and lower the investment threshold of blue-chip NFTs for over 20 million users.” The launch… Read More

July 31, 2022 @ 2:47 am By Omar Faridi  |  

Singapore-based equity management company Qapita announced that it has completed the acquisition of India’s ESOP Direct via a full cash transaction. This should see Qapita secure complete ownership of ESOP Direct’s operating entities from its existing shareholders. With this strategic acquisition, Qapita should become one… Read More

July 31, 2022 @ 1:17 am By Omar Faridi  |  

Veritran, a global low-code solutions provider, recently announced a strategic alliance with Glassbox, a provider of digital experience analytics for web and mobile apps. As noted in the update, Glassbox and Veritran will provide a digital experience analytics solution, offering customers worldwide, both in financial… Read More

July 30, 2022 @ 9:40 pm By Omar Faridi  |  

Commonwealth Bank has unveiled its latest technology hub designed “to support more than 400 software developers, cloud engineers and cyber specialists in the Melbourne CBD and help create new opportunities for Victoria’s expanding digital economy workforce.” The hub, based in the heart of Melbourne’s central… Read More

July 30, 2022 @ 6:27 pm By Omar Faridi  |  

Computer Services, Inc., a provider of end-to-end fintech and Regtech solutions, announced that Virginia-based Movement Bank has “selected its NuPoint® core platform to provide customers with integrated, reliable core banking services.” Movement Bank, with locations in Virginia and the Carolinas, “focuses on serving communities that… Read More

July 30, 2022 @ 4:28 pm By Omar Faridi  |  

Fintech startup Lightyear, which launched in the UK in 2021 and in 19 European countries in July 2022, has “expanded its product suite with the launch of Price Alerts, a highly requested feature by customers.” Lightyear, founded by early Wise alumni Martin Sokk and Mihkel… Read More

July 30, 2022 @ 12:37 pm By Omar Faridi  |  

B9 Inc, a payroll solution platform, aimed at supporting creditworthiness via employment data and economic behavior, announced a $2.6 million round that has been led by Sky Light Invest along with contributions from Fintech investors Mbanq and the founders of Wrike, a project management app…. Read More

July 30, 2022 @ 11:24 am By Omar Faridi  |  

eToro, the social investment network, announced that it has registered with the Italian regulator Organismo Agenti e Mediatori (OAM), becoming the latest investment platform to “join the registry of crypto-asset providers in Italy.” This demonstrates eToro’s commitment “to working hand in hand with regulatory authorities… Read More