April 17, 2024 @ 7:38 am By Omar Faridi  |  

Bitpanda recently announce their strategic partnership with Landesbank Baden-Württemberg (LBBW), which is reportedly Germany’s largest federal bank and with a balance sheet of more than 330 billion Euros (as well as a key institution in the German banking sector). Through this collaboration, LBBW will “utilize… Read More

April 17, 2024 @ 5:21 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, today announced a partnership with URBN to power online and in-person retail payments for Urban Outfitters, Anthropologie Group, Free People, and FP Movement. With Stripe as its primary payments infrastructure, URBN will “introduce a more consistent checkout experience… Read More

April 16, 2024 @ 8:08 pm By Omar Faridi  |  

OKX has reportedly launched the public mainnet of their Layer-2 (L2), X LAYER, building with more than 200 dApps across the network. X LAYER is integrated with OKX Exchange (CEX) and the OKX Web3 Wallet. Users can bridge assets from the two platforms to LAYER… Read More

April 16, 2024 @ 6:13 pm By JD Alois  |  

Predictions about Bitcoin’s future price span the spectrum. The most recent bull run has fueled speculation that Bitcoin is poised to move even higher. The upward price expectations are due in part to the launch of regulated Bitcoin spot ETFs in the United States and… Read More

April 16, 2024 @ 5:59 pm By Omar Faridi  |  

It’s becoming important for businesses to undergo digital transformation, with 54% of global consumers saying that brands lack a deep understanding of customers. The new generation of shoppers, especially Gen Z and millennial consumers, reportedly “want 70% of their interactions with brands to be digital.”… Read More

April 16, 2024 @ 5:09 pm By JD Alois  |  

According to a company statement, BeyondTrust has acquired Entitle. The terms of the definitive agreement were not disclosed. This acquisition includes all Entitle products, employees, customers, partners, assets, and intellectual property. BeyondTrust is an identity firm offering a “Privilege Identity Security platform.” Entitle is a… Read More

April 16, 2024 @ 4:22 pm By JD Alois  |  

Launched in November of 2023, SoFi (NASDAQ:SOFI), a multi-faceted Fintech that provides banking services, introduced an ETF [exchange traded fund] that aims to emulate the higher returns expected from bigger money. The ETF, THTA, was launched in partnership with Tidal Investments LLC and ZEGA Financial… Read More

April 16, 2024 @ 1:36 pm By JD Alois  |  

European investment crowdfunding platform Seedrs is reporting that it raised £ 12.7 million from more than 6,000 investors via public campaigns during the month of March. Including all avenues of investment; primary offerings, secondary offerings, funds, and private deals, the number moves higher to £21.4… Read More

April 16, 2024 @ 12:49 pm By JD Alois  |  

Lisbon, Portgul-based Bison Bank says it has seen revenues increase by 240% in 2023 when compared to the year prior. Bison Bank is focused on providing a range of Wealth Management, Custody, and Investment Banking services to individual and institutional clients. Affiliated firm, Bison Digital… Read More

April 16, 2024 @ 11:39 am By Omar Faridi  |  

Americans are already choosing digital payments over traditional payment methods. Now, as digital currencies such as CBDCs gain interest around the world – as seen even more from the recent SWIFT announcement – demand stateside may create bottom-up pressure on U.S. banks – despite the… Read More

April 16, 2024 @ 11:12 am By Omar Faridi  |  

UK Finance has announced work on a new UK Regulated Liability Network (RLN) experimentation phase with eleven of its members. The UK RLN is envisaged as a common ‘platform “for innovation’ across multiple forms of money, including existing commercial bank deposits and a shared ledger… Read More

April 16, 2024 @ 11:08 am By Omar Faridi  |  

Blockchain firm Nansen has shared their quarterly updates including a range of new blockchain integrations and features to give clients a market edge. As the first quarter of 2024 comes to a close, Nansen says that they are pleased by the crypto market’s growth. Over… Read More

April 16, 2024 @ 8:34 am By Omar Faridi  |  

PineGap.ai is reporting a $2.5 million seed funding round that is said to have been led by Silicon Valley Quad (SVQ) (BV Jagadeesh), Inventus Capital Partners (Manu Rekhi) with participation from DeVC (Aakash Kumar , Divyanshi Chowdhary). Notable Silicon Valley serial entrepreneurs and investors: Mohit… Read More

April 16, 2024 @ 8:32 am By Omar Faridi  |  

Lloyds Bank has completed its first transaction using an electronic Bill of Lading (eBL) on the WaveBL trade documentation platform, in a cross-border deal that featured entirely digital exchanges of documentation. The deal closely follows Lloyds Bank “becoming the first UK bank to join the… Read More

April 16, 2024 @ 7:58 am By JD Alois  |  

Berlin-based Fintech finmid has announced a €35 Million funding round following its emergence from stealth mode. Investors include Blossom Capital, Earlybird VC, and N26-founder Max Tayenthal.  finmid is an embedded finance platform that aims to provide platforms with an alternative to working with banks. The… Read More

April 16, 2024 @ 7:39 am By Omar Faridi  |  

Global Fintech Broadridge Financial Solutions, Inc. (NYSE:BR) announced that SBI SECURITIES Co., Ltd. has selected Broadridge’s post-trade solution to launch its equities brokerage services to clients in the UK, through its subsidiary SBI Shinsei International Limited. This is in addition to the existing relationship with… Read More

April 16, 2024 @ 7:37 am By JD Alois  |  

Online investment platform Seedrs has announced a new partnership with Microsoft (NASDAQ:MSFT) to launch “SERIES A,” an AI-focused accelerator. The accelerator is said to be open to all Seed and Series A firms. Seedrs described the partnership as “an industry first that will help supercharge… Read More

April 16, 2024 @ 7:03 am By Omar Faridi  |  

Once a top UK peer-to-peer lender and today a digital bank, Zopa Bank has announced its first full year of profitability. Zopa announced a pre-tax profit of £15.8 million for the financial year ending 31 December 2023, up from a pre-tax loss of £26 million for… Read More

April 16, 2024 @ 6:23 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a further £12.2m loan to returning customer and SME housebuilder, honey, to part fund the acquisition and development of two of its latest major residential schemes. Founded in October 2022 by former Avant Homes CEO,… Read More

April 15, 2024 @ 10:26 pm By Omar Faridi  |  

GoCardless reveals that it has set up a purpose-built space in the Central District so thatthe Fintech can cement its’ commitment to the region, while providing a good employee experience to its growing team GoCardless, the bank payment company, has opened its new Riga-based headquarters… Read More