December 6, 2021 @ 2:44 pm By Omar Faridi  |  

Matt Kaufman, Attorney/Partner at Hathaway & Kunz, LLP, noted on December 2, 2021, that it was a big day for Wyoming, due to the official launch of the Wyoming Chancery Court. As explained by Kaufman, it is a new home court for digital asset disputes… Read More

December 6, 2021 @ 11:49 am By Tony Zerucha  |  

New research published by open banking platform Tink reveals an increase in spending among Europe’s financial executives, with 47 per cent saying their open banking budgets have risen in 2021. This follows a challenging year in 2020, where financial institutions battled budget restrictions against the… Read More

December 6, 2021 @ 11:11 am By Tony Zerucha  |  

While Amazon’s (NASDAQ:AMZN) recent decision to stop accepting Visa (NYSE:V) credit card payments in January is causing some short-term disruption, it’s a calculated move, Forter’s head of strategic partnerships for EMEA and APAC Neil Smith said recently. Beginning Jan. 19, 2022, Amazon will no longer… Read More

December 6, 2021 @ 11:00 am By Omar Faridi  |  

The London Stock Exchange (LSE) has reportedly agreed to terms in order to acquire portfolio optimization platform Quantile, further extending its post-trade offerings to the over-the-counter (OTC) derivatives market. Over the years, Quantile has managed to expand its team to more than 80 employees, with… Read More

December 6, 2021 @ 10:31 am By Omar Faridi  |  

iProov, a provider of biometric face authentication tech, and Eurostar, the high-speed passenger rail service linking the United Kingdom with mainland Europe, have announced that their trial of a contactless fast-track service, SmartCheck, is currently live. SmartCheck enables passengers to “complete secure ticket verification and… Read More

December 6, 2021 @ 10:29 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) issued a statement last week announcing rule changes designed to boost share listings on UK exchanges. At the beginning of 2021, the Kalifa Review of Fintech was published providing a roadmap for the UK to maintain and improve the… Read More

December 6, 2021 @ 9:50 am By Omar Faridi  |  

Ali Niknam, CEO and founder of European Fintech bunq, recently noted that they are starting off on a “new beginning for bunq” Niknam wrote in a blog post dated December 2, 2021 that today “marks the start of a new chapter in bunq’s history.” Niknam… Read More

December 6, 2021 @ 9:49 am By Omar Faridi  |  

ForwardAI, a Fintech offering aggregated access to accounting & business data and analysis, collaborated with LendIt Fintech, which is focused on innovation in lending and virtual banking, in order to release a whitepaper/survey on how direct data access “improves small business lending.” The report highlights… Read More

December 6, 2021 @ 9:39 am By JD Alois  |  

After hitting a new all-time high last month, Bitcoin has tanked dramatically.  In the past 30 days, Bitcoin has dropped over 20% – no fun for investors that purchased the world’s most popular crypto asset at a higher price. Yet, this type of volatility for… Read More

December 6, 2021 @ 9:24 am By JD Alois  |  

Recharge.com has appointed David Lindheimer as Chief Product and Technology Officer. Lindheimer was most recently working at Amazon where he is said to have tripled advertising marketplace demand as the Head of Campaign Building. While at Amazon Lindheimer also  built product and engineering teams for… Read More

December 6, 2021 @ 8:59 am By Omar Faridi  |  

GO MODULAR, which aims to create low impact, “bespoke,” modular housing solutions for small and medium-sized developments, has acquired 93% (£304,613) of its £325,000 fundraising target from 284 investors via Crowdcube with 17 days left in the platform’s crowdfunding campaign. GO MODULAR or GM explains… Read More

December 6, 2021 @ 8:55 am By JD Alois  |  

Bitmart, a crypto exchange that touts itself as “the most trusted cryptocurrency trading platform,” has lost $150 million in assets, according to a tweet by Bitmart CEO Sheldon Xia. Other reports have placed the value far higher at around $200 million. Bitmart operates in just… Read More

December 6, 2021 @ 8:37 am By JD Alois  |  

Paymentology and Tutuka have agreed to merge, according to a statement by Paymentology. The two firms say they are joining to create a new payments and card processing powerhouse that will now operate in 49 different countries. The new company will operate under the Paymentology… Read More

December 6, 2021 @ 8:26 am By Omar Faridi  |  

Finland’s Card-as-a-Service (CaaS) platform Enfuce has finalized a €45 million Series C round that has been led by global growth investor Vitruvian Partners. Established in Finland, Enfuce has expanded its geographic presence in Germany and France and has more than 13 million active card users… Read More

December 6, 2021 @ 8:03 am By Omar Faridi  |  

Fintech firm iwoca, which claims to be one of Europe’s largest small business lenders, recently announced the expansion of its merchant cash advance product to all small businesses “accepting card payments in the UK.” As mentioned in an update shared with CI, the merchant cash… Read More

December 6, 2021 @ 8:02 am By JD Alois  |  

Property investment platform CrowdProperty says it has surpassed £100 million paid to investors. According to the investment marketplace, investors have earned, on average, 8.3% IRR. Importantly, CrowdProperty reports that it has maintained 100% principle and interest payback for its marketplace lending service since 2014. In… Read More

December 6, 2021 @ 7:53 am By Omar Faridi  |  

Crunch, an online accountancy software & service platform for freelancers and small businesses, has secured 112% (£672,965) of its £600,002 target from 272 investors (at the time of writing) via Seedrs with 2 days left in the firm’s crowdfunding campaign. Based in Brighton, United Kingdom,… Read More

December 6, 2021 @ 7:51 am By Omar Faridi  |  

The Bank of Ireland has reportedly been fined €24.5 million by the Central Bank for failing over the course of over 10 years to have a proper system in place to allow for the continuity of service to clients in the event of a major… Read More

December 6, 2021 @ 7:50 am By Omar Faridi  |  

The team at CertiK recently revealed that they closed an $80M, Series B2 round of financial funding. As noted by CertiK in a blog post: “What makes this so interesting is that this round not only is the single largest round of fundraising for a… Read More

December 5, 2021 @ 7:02 pm By JD Alois  |  

24 Exchange, a trading platform that has a mission is to enable the “most cost-effective trades across a growing range of asset classes, 24 hours a day” has raised $14.25 million led by Point72 Ventures. Point72 Ventures is Steve Cohen’s VC firm. Cohen is a… Read More