December 20, 2021 @ 7:42 am By Omar Faridi  |  

2021 continued to be another “unprecedented year in the financial services industry,” according to an update from payments specialist Banking Circle. The team at Banking Circle points out that not only did the impact of COVID-19 “continue to accelerate change, but a number of new… Read More

December 19, 2021 @ 11:54 pm By Omar Faridi  |  

After two months of declining, Secondary Market activity on Bondora has reportedly picked up again, albeit “with a very slight 2%.” As mentioned in an update from Bondora, a total of €257,149’s worth of transactions “took place in November, compared to €252,126 in October.” Bondora… Read More

December 19, 2021 @ 10:58 pm By Omar Faridi  |  

The British Business Bank has announced an increase to business lender Simply’s ENABLE Funding facility. In total, the facility will reportedly offer £300 million of funding to SMEs across the United Kingdom. This is notably the largest facility under the British Business Bank’s ENABLE Funding… Read More

December 19, 2021 @ 10:46 pm By Omar Faridi  |  

HERMESNET, which aims to automate a manual legacy in private equity (PE), has acquired 96% (£145,211) of its £150,000 fundraising target from 107 investors. HERMESNET has secured capital via its crowdfunding campaign being carried out through Crowdcube (with 24 days left in the sale at… Read More

December 19, 2021 @ 10:41 pm By Omar Faridi  |  

DeadHappy, which is the “home of the deathwish” and changing attitudes to death… “one deathwish at a time,” has secured 104% (£5,326,640 from 443 investors) of its £5,100,007 target with 24 days left in its crowdfunding campaign being carried out via Seedrs. Based in Leicester,… Read More

December 19, 2021 @ 9:55 pm By Omar Faridi  |  

Bottomline Technologies (Nasdaq: EPAY), a provider of financial technology that makes complex business payments simple, smart and secure, announced that it has entered into a “definitive agreement” to be acquired by Thoma Bravo, a software investment company, “in an all-cash transaction that values Bottomline at… Read More

December 19, 2021 @ 9:50 pm By Omar Faridi  |  

Marieke Flament, the Chief Executive at NatWest’s virtual bank for businesses, is reportedly getting ready to leave her role after two and a half years. Flament will be joining Switzerland-headquartered blockchain foundation NEAR as the CEO, she confirmed in statements shared with Reuters. The non-profit… Read More

December 19, 2021 @ 5:21 pm By Omar Faridi  |  

As part of its drive to innovate across its payments processing platform, Checkout.com  announced the appointment of Meron Colbeci as its new Chief Product Officer. As the former head of consumer product management at Novi—Meta‘s Fintech product group—and an ex- senior product leader at SoFi… Read More

December 19, 2021 @ 5:18 pm By JD Alois  |  

Coinweb has raised $4 million in funding. Coinweb is a layer-2 cross-chain computation platform that aims to solve some of the most critical problems that currently exist within distributed ledger technology. The strategic funding round includes the participation of KuCoin Labs, Morningstar Ventures, Panda Capital,… Read More

December 19, 2021 @ 5:05 pm By JD Alois  |  

SEBA Bank, a Switzerland digital asset bank regulated by FINMA, has launched a gold token. This digital asset represents physical gold and has rights for physical delivery. The SEBA Bank Gold Token is designed to simplify the process of investing in gold as a digital… Read More

December 19, 2021 @ 2:44 pm By Omar Faridi  |  

Verifi, a Visa solution, is reportedly making strides to ease merchant pain points while driving operational efficiency with the international expansion of their “first to market” Rapid Dispute Resolution (RDR) solution. As an innovative market participant specializing in merchant dispute prevention and resolution, Verifi first… Read More

December 19, 2021 @ 2:40 pm By Xu Gao  |  

JD Cloud Sets Up a New Digital Economy Company with Scope of Business in Data Processing and Storage Support Services. As shown on enterprise information query platform Tianyancha.com, JD Cloud, the cloud computing brand of JD.com, has established a new digital economy Co., Ltd on… Read More

December 19, 2021 @ 2:30 pm By Omar Faridi  |  

Binance Labs, the venture capital and innovation incubation division of Binance, has reportedly invested in the League of Kingdoms (LoK), which claims to be the world’s first decentralized MMO NFT strategy game built on Ethereum (ETH). In LoK, players are able to build various kingdoms… Read More

December 19, 2021 @ 1:51 pm By Omar Faridi  |  

Mastercard (NYSE: MA) welcomes its new wave of startups to its Start Path startup engagement program. Start Path alums have shared their industry insights into the top trends of this year and what they’ve learned from a challenging year. The international economy continued its recovery… Read More

December 19, 2021 @ 11:43 am By Omar Faridi  |  

Starting from December 17, 2021, Amazon clients in the United Kingdom will have access to a new, flexible payment method – Instalments by Barclays, helping them to “finance purchases of £100 or more on amazon.co.uk.” As mentioned in the announcement, the reusable credit account may… Read More

December 19, 2021 @ 11:41 am By Omar Faridi  |  

Mintos says it’s introducing a “responsible” investing requirement for all automated investments “in line with MiFID II.” The company notes that as investors will be able to invest in Notes in a regulated environment on Mintos, they are introducing “a responsible investing requirement for all… Read More

December 19, 2021 @ 11:39 am By Omar Faridi  |  

VIP$ Coin (VIP$), which claims to be an asset backed and blockchain-powered cryptocurrency, has reportedly been holding discussions with the Mexican government in order to look into the possibility of supporting the nation’s economy with a decentralized currency. In a letter sent to VIP$ Coin’s… Read More

December 18, 2021 @ 4:23 pm By Omar Faridi  |  

Contrast Security, a company focused on next-gen code security, has announced Backbase, an engagement banking platform, has chosen the Contrast Code Security Platform in order to secure its software that offers banks with “the speed and flexibility needed to orchestrate seamless customer and employee experiences… Read More

December 18, 2021 @ 3:30 pm By Omar Faridi  |  

We recently caught up with Roxana Mohammadian-Molina, Chief Strategy Officer at UK’s Blend Network, a specialist development finance lender. Blend Network‘s Roxana Mohammadian-Molina talked about some of the landmark projects that they’ve helped out this year. She also commented on what her team is doing… Read More

December 18, 2021 @ 3:23 pm By Omar Faridi  |  

Compute North, a company focused on economical, large-scale computing and cryptocurrency mining infrastructure, “demonstrated the value-add and positive impact of its ability to voluntarily throttle down operations at its Kearney, Nebraska data center to support the local grid during times of need.” As mentioned in… Read More