January 25, 2022 @ 8:38 am By JD Alois  |  

Modulr, a payments Fintech based in Amsterdam, has been approved to operate as an Electronic Money Institution (EMI) by De Nederlandsche Bank (DNB).  Modulr is already approved to operate as an EMI in the UK and Ireland. Modulr states that it doubled its lifetime payment… Read More

January 25, 2022 @ 8:28 am By JD Alois  |  

Marketplace lending platform EstateGuru has posted its 2021 financial results. According to the investment platform loan volumes increased by 69%, revenues 58%, new investors by 35% compared to 2020. EstateGuru said that all of the countries where they operate exceeded their targets with total lending… Read More

January 25, 2022 @ 8:11 am By Omar Faridi  |  

Digipost, one of Norway’s largest digital mailbox providers, has reportedly chosen the Neonomics unified API platform in order to support the introduction of account-to-account payments to its 2,7 million clients. Digipost is one of the most actively used digital invoicing services in the Nordic region…. Read More

January 25, 2022 @ 8:10 am By Omar Faridi  |  

European open banking platform Tink has confirmed the introduction of ‘Income Check’ in the United Kingdom – which is a service that improves the income verification process by leveraging Open Banking tech. Tink’s Income Check product enables banking institutions and lending platforms to quickly verify… Read More

January 25, 2022 @ 8:05 am By Omar Faridi  |  

Everything, a UK-based Fintech firm focused on reinventing premium bonds with a social spin, has secured €2 million from angel investors. Merama CEO Sujay Tyle, Frontier Car Group founders Peter Lindholm and Ricardo Donoso, along with Axel Arigato co-founder Albin Johansson have all reportedly joined… Read More

January 24, 2022 @ 11:38 pm By Omar Faridi  |  

Binance, one of the leading blockchain and crypto infrastructure providers, is pleased to confirm that it has officially joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation primarily focused on identifying, validating, mitigating, and neutralizing cybercrime threats. Binance reports that it’s the first… Read More

January 24, 2022 @ 10:47 pm By Omar Faridi  |  

M2P Fintech, which claims to be one of Asia’s leading financial Infrastructure firms, has announced a $56 million Series C1 raise that was led by New York-headquartered global private equity and VC firm Insight Partners M2P Fintech further revealed that their investment round included contributions… Read More

January 24, 2022 @ 10:37 pm By Tony Zerucha  |  

Digital currency Decred (DCR) has added post-quantum secure mixing to Stakeshuffle, its opt-in privacy system, the company said today. The release of Decred v1.7 provides protection for privacy of mixed coins against quantum computers, a move it claims is an industry first. Decred v1.7 also… Read More

January 24, 2022 @ 10:30 pm By Omar Faridi  |  

Aryza Holdings Limited has announced that it’s accelerating its European roll-out via the acquisition of Collenda, a DACH and Benelux credit management software provider. Collenda offers an end-to-end integrated credit lifecycle platform for banks, corporates, and debt collection agencies. It covers the complete credit value… Read More

January 24, 2022 @ 10:23 pm By JD Alois  |  

Former senior Westpac executive Jim Tate has been appointed as the Chairman of Fintech mx51. mx51 is a payments-as-a-service provider that enables banks and non-banks to provide multi-channel payments and value-added solutions to merchants. mx51 reports that it currently powers major Australian banks and payments providers… Read More

January 24, 2022 @ 10:11 pm By JD Alois  |  

Leading property finance platform LendInvest (LSE: LINV) has acheived £2 billion in assets under management (AUM). LendInvest noted that had reached £1 billion of AUM in 2019 – ten years from its launch. This newest mileston is indicative of platform growth. LendInvest said that strong… Read More

January 24, 2022 @ 10:07 pm By Omar Faridi  |  

The Netizen Mobile Banking App by Netbank is reportedly scheduled to launch its Beta Release Testing Program during the fourth week of January 2022 which will provide participants an opportunity to experience the platform’s banking services and features. As mentioned in a release shared with… Read More

January 24, 2022 @ 9:42 pm By Omar Faridi  |  

Sequoia Capital has reportedly made its first investment in the Gulf / MENA region by leading an investment round for Lean Technologies, a Saudi Arabia-based Fintech company whose founders include the son of the kingdom’s former oil minister, Khalid Al-Falih. Lean Technologies, which allows firms… Read More

January 24, 2022 @ 6:02 pm By JD Alois  |  

Congressman Patrick McHenry, the ranking member on the House Financial Services Committee, has sent a public letter to Congresswoman Maxine Waters, Chair of the House Financial Services Committee, requesting they work together to allow digital assets to “flourish.” Both Representatives have recently issued public statements… Read More

January 24, 2022 @ 5:01 pm By JD Alois  |  

The Bank of Russia has published a consultation paper on “Cryptocurrencies: Trends, Risks and Regulation.” The central bank has published an executive summary which is available in English. According to the bank, Russian citizens are currently transaction around $5 billion in crypto per year. Meanwhile,… Read More

January 24, 2022 @ 4:36 pm By Omar Faridi  |  

The team at LatAm Fintech Belvo has shared an update titled the State of Open Banking in Latin America in 2022. Belvo writes in a blog post that open banking – the opening of financial markets via technology, data, and the creation of new digital… Read More

January 24, 2022 @ 4:34 pm By JD Alois  |  

  As CI has recently covered, Jacksonville, Florida is an emerging Fintech hub in the US. While Florida has boomed in the past couple of years due to its good governance and business/startup-friendly policies, Jacksonville has managed to attract a good number of financial services… Read More

January 24, 2022 @ 2:02 pm By Omar Faridi  |  

Paul Grewal, Chief Legal Officer at digital assets firm Coinbase (NASDAQ: COIN), has shared an update titled, Proof of Alignment, which explains what the company has done to align themselves with their clients and what they’re planning to do next. As noted by Grewal, Coinbase… Read More

January 24, 2022 @ 1:59 pm By Omar Faridi  |  

The Nakji Foundation is launching a $200,000 Bug Bounty program for developers and security researchers in order to “help discover vulnerabilities and prevent security problems in the Nakji ecosystem.” Nakji Network is pleased to work cooperatively with Uppsala Security, which has built what they claim… Read More

January 24, 2022 @ 12:33 pm By Omar Faridi  |  

C6 Bank Mastercard clients who are in Caraíva (Bahia) this summer season will be able to practice beach tennis in “exclusive” spaces, in addition to enjoying various other benefits. As mentioned in an update from C6 Bank, the courts and equipment to practice the sport,… Read More