September 24, 2024 @ 11:20 am By JD Alois  |  

Liberty Leasing will receive £15 million from the British Business Investments. Liberty Leasing received a £15 million facility in 2021 so this brings the total committed to £30 million. Liberty Leasing is a specialist financing firm that caters to smaller businesses in the construction, engineering,… Read More

September 24, 2024 @ 10:58 am By JD Alois  |  

The Payments Association in the UK is calling for a national payments plan. The Payments Manifesto 2025 seeks to create conditions to support growth and innovation in payments. The Payments Association says it has urged UK authorities to “undertake a swift and well-defined review which… Read More

September 24, 2024 @ 10:28 am By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) announced it has expanded its digital bank financial technology presence in Latin America, having agreed to provide its AxiomSL regulatory reporting solution to Nubank (NYSE: NU), a digital bank with over 100 million customers across Brazil, Mexico, and Colombia. The agreement extends… Read More

September 24, 2024 @ 9:44 am By JD Alois  |  

SeedBlink, a European securities crowdfunding platform, has launched a new service called Raise Hub. According to a note from the firm, Raise Hub is designed to streamline the process for European startups on their funding journey. Raise Hub provides information on various financing options, access… Read More

September 24, 2024 @ 8:17 am By Omar Faridi  |  

The Bank of Canada is reportedly halting its plans to roll-out a central bank digital currency (CBDC) to the nation’s businesses and consumers. A digital economy supported by innovations like central bank digital currencies (CBDCs) could help with streamlining digital transactions but some nations like… Read More

September 24, 2024 @ 8:15 am By Omar Faridi  |  

Knoops, which is currently raising funds via Crowdcube, explains that it celebrates the ritual of drinking chocolate, specializing in “expertly crafted” hot & cold drinks; aiming to do what was done for barista coffee. According to Knoops, it is raising funds in order “to grow… Read More

September 24, 2024 @ 8:09 am By Omar Faridi  |  

UK’s Assetz Capital has reportedly funded new addition to the Belfast skyline. According to the update from Assetz Capital, the Belfast skyline will soon see a new building feature. As mentioned in the announcement from Assetz Capital, the 84 unit serviced apartment development set over… Read More

September 24, 2024 @ 8:07 am By Omar Faridi  |  

Revolut is reportedly introducing a standalone app based on its wealth management offering as Europe’s leading Fintech aims to challenge major competitors like Robinhood as well as Etoro in the retail investor sector. The Revolut Invest app will provide over 4,000 financial instruments, including from… Read More

September 24, 2024 @ 8:03 am By Omar Faridi  |  

Kraken announced the closing of the Coin Meester B.V. (BCM) acquisition, which is said to be a key element in their European growth strategy. With the acquisition of BCM, one of the Netherlands’ oldest registered crypto brokers, Kraken have expanded their Dutch footprint and enhanced… Read More

September 24, 2024 @ 7:22 am By JD Alois  |  

European payments provider Mangopay has been enlisted by Troc Vélo to power transactions on its platform. According to a statement by the firm, Mangopay’s solutions will help Troc Vélo streamline second-hand purchases between individuals.  Troc Vélo is described as the leading platform for buying and… Read More

September 23, 2024 @ 6:00 pm By Omar Faridi  |  

CI recently caught up with Tyler Adams, CEO and Co-founder of COZ, a software firm in the blockchain sector providing various products to s support Web3 development. In addition to his efforts to combat counterfeiting, Tyler is part of the lobbying group Stand With Crypto,… Read More

September 23, 2024 @ 6:00 pm By JD Alois  |  

Representative Patrick McHenry, Chairman of the House Financial Services Committee, and Senator Cynthia Lummis have sent a letter demanding the Securities and Exchange Commission rescind Staff Accounting Bulletin (SAB) 121.  The bicameral letter has been signed by 42 members of Congress. Both Lummis and McHenry… Read More

September 23, 2024 @ 5:35 pm By Omar Faridi  |  

UK Finance is calling for further housing market reform. UK Finance recently releases its report ‘Homes We Need’ which proposes solutions to complement the government’s plans. UK Finance, which represents over 300 firms “including 120 mortgage lenders, is today releasing its report Homes We Need.”… Read More

September 23, 2024 @ 5:33 pm By Omar Faridi  |  

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, today announced the opening of an office in Abu Dhabi, United Arab Emirates (UAE), having received the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM)… Read More

September 23, 2024 @ 5:23 pm By Omar Faridi  |  

Akur8, the insurance pricing solution powered by transparent machine learning, is excited to announce its recent collaboration with Louisiana Workers’ Compensation Corporation (LWCC), Louisiana’s largest workers’ compensation carrier, dedicated to excellence in execution from underwriting to life-long care of an injured worker. LWCC has selected… Read More

September 23, 2024 @ 3:16 pm By JD Alois  |  

Online lender Biz2X says it has partnered with Watermelon Ecosystem. The platform provides services for restaurateurs and other F&B entrepreneurs in the MENA region. Biz2X will power business financing for businesses that use the Watermelon platform. Merchants selling inventory and other goods or services on… Read More

September 23, 2024 @ 3:04 pm By Omar Faridi  |  

Prove is launching the Prove Verified Users solution, a global identity verification solution that gives users peace of mind when interacting on digital marketplaces. Digital platforms can reassure users that they “are interacting with a verified individual, delivered by a trustworthiness indicator such as a… Read More

September 23, 2024 @ 2:36 pm By Omar Faridi  |  

Bluefin, the firm focused on delivering PCI-validated encryption and tokenization technologies that protect sensitive data and payments, announced it has partnered with Moneris Solution Corporation, a Canadian leader in innovative solutions for mobile, online, and in-store commerce. The agreement further enhances Moneris’ Point-to-Point Encryption (P2PE)… Read More

September 23, 2024 @ 12:32 pm By Omar Faridi  |  

Abra, a global platform for digital asset services, announced it has partnered with Praxis, the first network state, to collaborate on real world asset tokenization, as well as DeFi services to network states, including those created on the Praxis platform. This partnership marks the launch… Read More

September 23, 2024 @ 12:31 pm By Omar Faridi  |  

Ownera, a provider of tokenization interoperability networks based on the open FinP2P protocol, and Fnality, a financial market infrastructure bringing together the safety and institutional quality of central bank money with the functionality and resilience of blockchain technology, have announced a strategic partnership. This collaboration… Read More