March 21, 2022 @ 11:24 am By JD Alois  |  

Recharge.com, a Netherlands-based payments Fintech, has announced the launch of its services in Australia. Recharge.com specializes in digital gift and prepaid cards for brands including Netflix, Spotify and Xbox. The company’s service is said to be rolling out amidst regulatory changes in the buy-now-pay-later (BNPL)… Read More

March 21, 2022 @ 10:36 am By Omar Faridi  |  

Caxton, the UK Fintech payments provider, announced a partnership with Banking-as-a-Service provider OpenPayd in order to provide clients with “a simplified payments experience.” In order to meet the demands of steady growth, the collaboration will “upgrade and automate Caxton’s payments infrastructure, to drive faster processing… Read More

March 21, 2022 @ 10:32 am By JD Alois  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) has facilitated Goldman Sachs‘ (NYSE:GS) first over-the-counter crypto trade, according to Galaxy. The specific trade was for a “Bitcoin non-deliverable option”. Galaxy claims this is the first OTC transaction by a major US bank. Damien Vanderwilt, Co-President, and Head… Read More

March 21, 2022 @ 10:18 am By Omar Faridi  |  

Parallel Finance, the DeFi parachain hub of Polkadot and Kusama, has executed a  coordinated launch of “six separate products in one day across many different DeFi primitives.” The complete list includes: Parallel’s Automated Market Maker (AMM), Farming, Liquid Staking, v2 Crowdloan Platform, Cross Chain Bridge,… Read More

March 21, 2022 @ 10:16 am By JD Alois  |  

Circle, a digital asset platform that powers a leading dollar-based stablecoin, USDC, has reported an information breach via a third-party service provider – Hubspot. According to an email distributed by Circle, HubSpot has “confirmed that an unauthorized bad actor accessed certain client data from several… Read More

March 21, 2022 @ 9:37 am By Omar Faridi  |  

Surfshark, a VPN firm based in Lithuania, has reported “a 3500% surge in Russia sales since February 24 – the day Russia invaded Ukraine.” According to cybersecurity firm Surfshark’s analysis, the Russian telecoms regulator (Roskomnadzor) has forced Google to “delist more than 36,000 URLs that… Read More

March 21, 2022 @ 8:58 am By JD Alois  |  

Ramp has raised $750 million in new capital according to a corporate release. Ramp said its valuation now stands at $8.1 billion. The new money includes $200 million in equity capital and $500 million in debt financing. Ramp has now raised over $1 billion in financing since… Read More

March 21, 2022 @ 8:49 am By Omar Faridi  |  

Given its established history, the London Stock Exchange (LSE) was due for a major update. The LSE was established back in 1698 as simply a list of prices posted to the wall of a back-alley coffee house. Then about 100 years later, it began hosting… Read More

March 21, 2022 @ 8:19 am By JD Alois  |  

ClearBank, a Fintech that is licensed by the Prudential Regulation Authority and regulated by the Financial Conduct Authority, has raised £175 million in equity capital at an undisclosed valuation, according to a company statement. The new capital was led by funds advised by Apax Digital,… Read More

March 21, 2022 @ 8:06 am By Omar Faridi  |  

Townsend Lansing, Head of Product at CoinShares and Nick du Cros, the Head of Compliance and Regulatory affairs at CoinShares, have noted that there appears to have been “quite a bit of confusion” in the digital assets community recently regarding the proposals in the EU… Read More

March 21, 2022 @ 8:04 am By Omar Faridi  |  

Lithuania’s borderless financing platform Debitum confirms that the ongoing war in Ukraine is affecting everyone. Debitum is “strongly against” the Russian aggression and they are supporting their partners and their employees based in Ukraine. For investors, “who purchased claim rights related to borrowers from Ukraine,… Read More

March 21, 2022 @ 6:23 am By JD Alois  |  

Fin+Tech, an Italy-based acceleration program supporting startups in the Fintech and Insurtech space, has completed the selection of the 16 start-ups that will join the first cycle of the program, according to a public statement. The accelerator is part of the CDP National Accelerators Network,… Read More

March 21, 2022 @ 2:05 am By Omar Faridi  |  

This month, the Buy-to-Let team at leading UK-based property Fintech LendInvest has taken an in-depth look at the Limited Company market, as well as the “appetite and use of long-term rates” after they introduced their “first 10-year product range, to complement our 5- and 7-year… Read More

March 21, 2022 @ 1:56 am By Omar Faridi  |  

After a very “ambitious” January 2922, the collection and recovery numbers “settled more” in February on Bondora. The Bondora team revealed that the number of payments and the cash collected “declined by 0.6% and 16%, respectively.” This is the first time in 6 months that… Read More

March 21, 2022 @ 1:01 am By Omar Faridi  |  

Tony Kear from UK’s Assetz Capital notes that he joined in November 2020 and was “just getting his feet under the desk when COVID hit.” Tony Kear shares that he started his Corporate Banking career in 1990 based in NatWest Bridgend with “an emphasis on… Read More

March 20, 2022 @ 11:59 pm By Omar Faridi  |  

In recent years, the peer-to-peer market has become “a competitive alternative to traditional assets due to attractive returns on investments, their predictability (yield and term are known in advance), ease of management and low volatility.” according to an update from Robo.cash. However, Robocash clarifies that… Read More

March 20, 2022 @ 9:27 pm By Omar Faridi  |  

Digital asset firm Okcoin notes that they are the first US licensed exchange to offer Kadena’s token, KDA, “against USD.” You can now deposit KDA on Okcoin. This offer is for all customers including those in the United States, “except for residents of the EU,… Read More

March 20, 2022 @ 9:09 pm By Omar Faridi  |  

We recently connected with William Anderson, VP of Engineering at Voice, who explained why multichain platforms ensure accessibility and connectivity across the NFT ecosystem. Voice, the NFT platform for creators (which had started off as somewhat of a blockchain or DLT-powered social media platform but… Read More

March 20, 2022 @ 9:03 pm By Omar Faridi  |  

Having served a key role in the regional cryptocurrency and blockchain sector since 2015, BitOasis claims to have established its reputation as one of the most “trusted” virtual currency trading platforms in the UAE (and MENA region). Being part of a fast-evolving crypto industry, there… Read More

March 20, 2022 @ 8:58 pm By Omar Faridi  |  

PeerBerry notes that their business partners have assessed the changes in interest rates in international markets and have “made appropriate changes in the interest rates on loans offered to invest in on the PeerBerry platform – the interest rates are slightly increasing.” Interest rates on… Read More