January 13, 2022 @ 2:25 pm By Tony Zerucha  |  

SpaceChain today announced the successful launch mission of its blockchain-enabled payload, integrated with the space node created for Velas Network AG. It went into space onboard a SpaceX Falcon 9 rocket. The payload was installed onto a satellite designed and manufactured by Spire Global, which… Read More

January 13, 2022 @ 12:50 pm By JD Alois  |  

Financial data provider MX has announced that Shane Evans has been appointed Interim Chief Executive Officer and member of the Board of Directors, effective immediately. Founder Ryan Caldwell has exited the CEO role and will transition to Executive Chair. The change is being led by… Read More

January 13, 2022 @ 11:52 am By Omar Faridi  |  

etting out on a multi-stage acquisition of US-headquartered Athena Systems, United Fintech remains focused on its expansion efforts in order to become the banking sector’s ‘one-stop-shop’ for capital markets products, “broadening the scope to target an asset management industry in urgent need of technological innovation.”… Read More

January 13, 2022 @ 11:11 am By Omar Faridi  |  

SEI (NASDAQ: SEIC) has announced the acquisition of Finomial, an investor lifecycle management company providing Cloud-native financial technology. As mentioned in a release, the technology is expected to be “added to SEI’s existing investor-focused platforms to further enhance automation and digitization capabilities, as well as… Read More

January 13, 2022 @ 10:39 am By JD Alois  |  

Tokeny, a European security token issuance platform, has raised more money in a “strategic” funding round. While a total amount of investment was not disclosed, Tokeny said that the funding included a €5m investment by Inveniam, Apex, and K20 Fund. Simultaneously, Tokeny announced a partnership… Read More

January 13, 2022 @ 10:19 am By Omar Faridi  |  

Tandem Bank has reportedly acquired consumer lending platform Oplo. The strategic acquisition has formed a combined business with £1.2 billion of total assets, £1 billion of funding and 171,000 clients being serviced by a UK-headquartered team of 500 professionals. Tandem was established back in 2014… Read More

January 13, 2022 @ 10:14 am By JD Alois  |  

Zilch has announced an expanded partnership with Mastercard (NYSE: MA) to bring a buy now, pay later (BNPL) service to Europe. Zilch’s digital card is currently available in the UK and reports over 1.7 million customers in less than 15 months. Zilch initially announced a… Read More

January 13, 2022 @ 9:56 am By Omar Faridi  |  

Coupa Software (NASDAQ: COUP), a company specializing in business spend management, has announced a collaboration with HSBC under its Coupa Pay offering. Commencing with virtual cards, the collaboration will offer European firms with access to a quick, seamless, and secure way to manage payments as… Read More

January 13, 2022 @ 9:46 am By JD Alois  |  

The European Commission has selected 5 blockchain providers as part of the ongoing European Blockchain Services Infrastructure (EBSI) initiative. The EBSI has been in the works for several years now as the EU aims to leverage blockchain technology to improve or add digital services to benefit the population… Read More

January 13, 2022 @ 8:38 am By Omar Faridi  |  

  Fintech startup Hydr has developed its proprietary invoice finance platform to integrate with more Cloud accounting software providers such as Sage and QuickBooks. After launching “exclusively” with Xero back in May, the Hydr platform may now be accessed by many more SMEs in the… Read More

January 13, 2022 @ 8:15 am By Omar Faridi  |  

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, announced that it has finalized a Series C round, “raising CHF 110 million.” The investment round was co-led by a consortium of blockchain and Fintech investors, comprised of Altive, Ordway Selections, and Summer Capital,… Read More

January 13, 2022 @ 8:13 am By Omar Faridi  |  

Fiduciam, the institutionally-funded short-term lender to housebuilders and entrepreneurs, is planning an expansion of its operations in Scotland for 2022. A new Scottish team has been formed with a nationwide lending appetite and a target to achieve £55 million of lending this year. Fiduciam is… Read More

January 13, 2022 @ 8:00 am By Tony Zerucha  |  

Spott today announced the launch of a digital insurance platform designed exclusively for e-commerce sellers. As part of a broader suite of financial services, Spott’s insurance offering enables e-commerce businesses to protect their stores against claims and comply with up-to-date insurance requirements from leading marketplaces,… Read More

January 13, 2022 @ 1:17 am By Tony Zerucha  |  

    Bitcoin, other cryptocurrencies and NFTs are more trusted than stocks to give investors better returns in 2022, suggests a poll of close to 6,000 people on business networking site LinkedIn. The poll, conducted over the past two weeks, finds 30 per cent of… Read More

January 13, 2022 @ 12:28 am By Omar Faridi  |  

The Metaverse and the GameFi world have grown tremendously, with nearly every blockchain  ecosystem in the crypto space getting more actively involved. Polygon (POLY) ecosystem’s capabilities of building and connecting different blockchains and dApps is being supported by the launch of Polygon Studios, which is… Read More

January 12, 2022 @ 11:37 pm By Tony Zerucha  |  

APEXX Global, a global payments platform, is expanding into the U.S. marketplace, the company announced this week. Today, the company forecasts to be processing roughly $20 billion by the end of 2022. One focus for the company is the buy now, pay later (BNPL) market,… Read More

January 12, 2022 @ 11:11 pm By Tony Zerucha  |  

Fintech solutions provider Euro Asia Pay Holdings is partnering with i2c., a digital payments and banking technology provider, to establish a footprint for Hero Financials in the United States. Hero Financials is Euro Asia Pay Holding’s alternative-to-banking solution that allows guardians to provide funds to… Read More

January 12, 2022 @ 10:23 pm By Omar Faridi  |  

CoinDCX, which is India’s first crypto unicorn and claims to be the nation’s “safest” digital asset exchange, announced the appointment of Divakar Prayaga as SVP and Head of Information Security. As mentioned in an update shared with CI, Divakar will be expected to play a… Read More

January 12, 2022 @ 10:09 pm By Tony Zerucha  |  

ERP banking technology will continue to evolve in 2022 FISPAN co-founder and CEO Clayton Weir said. FISPAN provides ERP banking services and counts JPMorgan Chase among its clients. Consumer-grade experiences will grow in importance throughout the year, Weir believes. Banks need to think and operate… Read More

January 12, 2022 @ 6:15 pm By JD Alois  |  

One Zero Digital Bank has been approved for a full banking license. In 2019, the digital bank received a provisional license. According to a report in The Paypers, One Zero is now on par with other banks in Israel as it operations under the approval… Read More