March 11, 2022 @ 8:17 am By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, has introduced a brand new positioning and design. Created in “celebration” of its 10-year anniversary in February, the latest branding “marks the expansion of the company’s global teams located in regions such as Asia, Europe, and the… Read More

March 11, 2022 @ 8:06 am By JD Alois  |  

Digital bank Revolut has raised €10 million to benefit the people of Ukraine. The donations have been coordinated with Red Cross Ukraine and include matching contributions from Revolut. Russia invaded Ukraine in an unprovoked act of war on Thursday, February 24. On March 1st, Revolut… Read More

March 11, 2022 @ 7:56 am By Omar Faridi  |  

Binance UK is pleased to renew its membership at Innovate Finance, which is an independent not-for-profit industry body “representing the UK’s Global FinTech community, as a Scaleup Innovator for another year until 2023.’ As an international player in the digital asset sector, Binance is “committed… Read More

March 11, 2022 @ 7:52 am By Omar Faridi  |  

Buildiro, a metasearch engine and aggregation site for “locating and purchasing building supplies,” has acquired 76% (£228,833 ) of its £300,001 target from 55 investors via Seedrs (at the time of writing) with 28 days left in the firm’s crowdfunding campaign. Based in London, UK, Buildiro… Read More

March 11, 2022 @ 1:37 am By Omar Faridi  |  

With the integration of blockchain or distributed ledger technology, the online gaming industry is now being steered towards a bigger vision of immersive virtual worlds and gaming economies that give a whole new definition to the industry. Projects like Axie Infinity, Decentraland, and Alien Worlds… Read More

March 10, 2022 @ 11:44 pm By Omar Faridi  |  

UK’s banking app provider Novus has been working cooperatively with Sustainability-as-a-Service provider ecolytiq to offer Novus’ sustainable banking app. All Novus clients in the UK get more transparency on their personal carbon footprint with each payment completed. This way of banking assists clients with better… Read More

March 10, 2022 @ 10:44 pm By Omar Faridi  |  

Zai, an international Fintech firm offering embedded finance orchestration, has confirmed the appointment of Sanjeev Kumar as the new Global Chief Product Officer. Based in Zai’s Singapore business offices, Sanjeev will responsible for supporting Zai’s product strategy internationally, including market expansion, research and design. He… Read More

March 10, 2022 @ 10:04 pm By Omar Faridi  |  

Danish Fintech Cardlay has reportedly acquired $6 million (appr. DKK 40 million) and also attracted one of Europe’s IT directors. The Fintech firm has now moved closer to becoming a preferred payment partner for business clients. With this latest capital injection, the Danish Fintech is… Read More

March 10, 2022 @ 9:02 pm By Omar Faridi  |  

The Fintech ecosystem in Bahrain has matured “on many fronts,” according to a new report. As noted in the update, new developments from government, corporate, and investment stakeholders have “created a more conducive environment for local and international startups to grow and scale from the… Read More

March 10, 2022 @ 8:51 pm By Omar Faridi  |  

We recently connected with Mikkel Velin, Co-CEO, YouLend, which works with digital commerce platforms (inc. eBay and Shopify) in order to offer merchants access to fast and reliable funding. During a discussion with CI,  YouLend‘s management noted that the UK government’s Help to Grow scheme… Read More

March 10, 2022 @ 8:47 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), the international firm focused on “mission-critical,” real-time payments software, has announced the launch of Fraud Scoring Services—which is a fraud scoring platform offering next-gen machine learning capabilities for financial institutions of all sizes “to deliver real-time fraud detection and prevention.” Underpinned… Read More

March 10, 2022 @ 8:35 pm By JD Alois  |  

The German Crowdfunding Association (Bundesverband Crowdfunding) has issued a statement criticizing new funding guidelines for venture capital grants recently enacted by the German Government. Under the INVEST Grant for venture capital in Germany, smaller investors receive a 25% tax benefit following the sale of the… Read More

March 10, 2022 @ 8:15 pm By Tony Zerucha  |  

Okcoin, a cryptocurrency platform, along with the Stacks Accelerator and Stacks Foundation, today announced the launch of the Bitcoin Odyssey, a year-long pledge among venture firms to deploy $165 million collectively into solutions for accelerating bitcoin adoption. The participating firms—which include Digital Currency Group, GSR,… Read More

March 10, 2022 @ 5:53 pm By Tony Zerucha  |  

Chainalysis, a blockchain data platform, today announced the accelerated launch of two sanctions screening tools – an on-chain oracle available today and an API expected to launch next month – for the cryptocurrency industry free of charge. As countries around the world continue to leverage economic sanctions… Read More

March 10, 2022 @ 5:51 pm By Omar Faridi  |  

Finxact, a provider of the next-gen core banking platform to the US regional and super-regional banking sector, announced that its technology is available to financial institutions to run on Google Cloud. In the five years since its launch, Finxact has become a key player in… Read More

March 10, 2022 @ 3:45 pm By JD Alois  |  

Following the news that Goldman Sachs (NYSE:GS) was exiting operations in Russia, JPMorgan (NYSE:JPM) is reportedly doing the same. The move follows heavy economic sanctions targeting Russia by many countries around the world following Russia’s draconian invasion of Ukraine. JPMorgan Chase is the largest bank… Read More

March 10, 2022 @ 3:27 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) announced that State Street Digital, the company’s dedicated Digital unit, has entered into a licensing agreement with Copper.co, a London-headquartered provider of institutional digital asset custody and trading infrastructure. State Street Digital will “leverage Copper.co’s technology to develop and, subject… Read More

March 10, 2022 @ 3:04 pm By Omar Faridi  |  

Tot, an Italian Fintech banking platform that streamlines administrative and financial management via all-digital tools for self-employed professionals and micro-businesses with up to 10 workers, confirms its market debut in March 2022. Tot mainly specializes in microenterprises, amid rising attention to this industry segment, because… Read More

March 10, 2022 @ 2:43 pm By Tony Zerucha  |  

Paxos, a blockchain infrastructure platform, announced it has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate digital payments token services under the Payment Services Act 2019. With this license, Paxos becomes one of the first blockchain services providers to meet the highest standard… Read More

March 10, 2022 @ 11:44 am By Omar Faridi  |  

Open Banking Fintech firm Bud has confirmed its Australian market debut after obtaining accreditation from the Australian Competition and Consumer Commission in order to offer a range of Open Banking services. The Fintech firm, named an international player in Open Banking intermediary services in Forrester’s… Read More