February 5, 2024 @ 6:27 am By Omar Faridi  |  

Digital asset firm Gemini is pleased to announce the appointment of bas Head of Asia Pacific (APAC) at Gemini. Saad Ahmed will now be expected to “lead Gemini’s strategy and business development efforts in the region.” As noted in a blog post, Saad reportedly “joins… Read More

February 4, 2024 @ 6:08 pm By Omar Faridi  |  

Nexo, the digital assets institution, is announcing its membership in the International Association for Trusted Blockchain Applications (INATBA). This strategic alliance marks “a major advancement in Nexo’s commitment to shaping the blockchain landscape, leveraging INATBA’s established ties with key public sectors in finance and regulation.”… Read More

February 4, 2024 @ 6:06 pm By Omar Faridi  |  

Aldona Micė has reportedly been appointed as the Head of Risk and Recovery at HeavyFinance. According to an update shared by HeavyFinance, Aldona Micė has been “with farmers through many floods and droughts.” She was recently appointed as “a new Head of Risk and Recovery… Read More

February 4, 2024 @ 6:05 pm By Michael Wong  |  

FundPark, a Hong Kong-based Fintech, has announced the completion of an asset-backed securitization facility amounting to up to $500 million. The arrangement was facilitated by Goldman Sachs, serving as the arranger and senior lender, marking a notable expansion of FundPark’s financial capabilities, according to the… Read More

February 4, 2024 @ 6:00 pm By Omar Faridi  |  

Two in three (66%) larger UK businesses say they are very familiar with open banking and users report an average annual saving of 150 hours usually spent “on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research reveals.”… Read More

February 4, 2024 @ 5:55 pm By Omar Faridi  |  

The Bank of England has recently shared a Working Paper, focused on open banking, and it is attributed to several authors including Tania Babina, Saleem Bahaj, Greg Buchak, Filippo De Marco, Angus Foulis, Will Gornall, Francesco Mazzola and Tong Yu. As noted in the paper… Read More

February 4, 2024 @ 5:49 pm By Michael Wong  |  

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso forecasts mobile money and digital lending as key drivers of Nigeria’s service sector growth in 2024. Speaking at the Nigerian Economic Summit Group’s 2024 Macroeconomic Outlook Report launch, Cardoso emphasized the service sector’s role in the economy,… Read More

February 4, 2024 @ 1:26 pm By Omar Faridi  |  

Betterment at Work, a provider of modern financial benefits for today’s diverse workforce, announces the first commercial product that allows small business employers to automatically match employee student loan payments with a 401(k) contribution. Sarah Levy, CEO of Betterment, said: “We know that student debt… Read More

February 4, 2024 @ 1:25 pm By Omar Faridi  |  

Businesses in the United Kingdom have reportedly entered the new year with renewed positivity as overall confidence rose to the highest level for nearly two years. The Barometer – which measures businesses’ confidence by assessing their trading prospects and optimism in the economy – shows… Read More

February 4, 2024 @ 1:23 pm By Omar Faridi  |  

2024 kicks off in the shadow of the approaching Bitcoin halving, casting a wave of “optimism” across the Web3 industry, according to an update from DappRadar. With on-chain metrics signaling a “positive trend,” the start of the year, despite its highs and lows, sketches an… Read More

February 4, 2024 @ 1:15 pm By Omar Faridi  |  

The team at CoinGecko reveals in an extensive report that there are around $5.7B worth of assets in Ethereum ETFs, which is being led by Europe with an 81% share. XBT Ethereum Tracker One (COINETH) is reportedly “the global top Ethereum exchange-traded fund (ETF), with… Read More

February 4, 2024 @ 1:14 pm By Omar Faridi  |  

LendInvest Mortgages, which claims to be one of the UK’s leading platforms for mortgages, has launched its Strategic Partners program for 2024, relationships that will be directly managed by Nigel Robbins, who was recently promoted to National Account Manager. In his new role, Nigel will… Read More

February 3, 2024 @ 6:37 pm By Omar Faridi  |  

Digital asset platform CoinList recently announced that it has opened up applications for CoinList Seed Winter 2024. CoinList explains that this initiative is intended for development teams that are interested in  getting their crypto projects in front of 10 million crypto “early adopters.” For their… Read More

February 3, 2024 @ 6:36 pm By Michael Wong  |  

Cantaloupe, Inc., a Nasdaq-listed end-to-end technology solutions for self-service commerce, has announced its acquisition of point-of-sale tech startup Cheq Lifestyle Technology, Inc. (CHEQ) for an undisclosed amount. This strategic acquisition is poised to enhance Cantaloupe’s market presence by integrating CHEQ’s innovative mobile ordering and payment… Read More

February 3, 2024 @ 11:39 am By Omar Faridi  |  

Estateguru reports that with the continued support of clients has allowed them to weather the storm, and consolidate their status as a key player focused on property backed lending in Finland, and the Baltics. Estateguru‘s management notes in a blog post that the challenging macroeconomic… Read More

February 3, 2024 @ 10:35 am By Omar Faridi  |  

Kaldi App, whose developers are on a mission is to transform the savings habits of Gen Z & Millennials by getting them to save earlier & better, has raised £472,875 from 140 investors at the time of writing with 25 days left in the firm’s crowdfunding… Read More

February 3, 2024 @ 9:30 am By Omar Faridi  |  

James Butterfill, Head Of Research at CoinShares, has shared the results of the latest digital asset fund manager survey. As noted in the update, 75% of all respondents believe Bitcoin and Ethereum have “the most compelling growth outlook.” As mentioned in the report, digital assets… Read More

February 3, 2024 @ 8:29 am By Michael Wong  |  

Wise, the UK-based Fintech stealth bank that was formerly known as TransferWise, has officially expanded its operations into the Philippines with the launch of Wise Pilipinas. In a significant move to bolster its board, Wise Pilipinas has welcomed Isabel Ridad, founder of Monetize, as its… Read More

February 2, 2024 @ 5:53 pm By Nick Morgan  |  

In the dynamic landscape of entrepreneurship, startup founders face a multitude of challenges that can shape the trajectory of their ventures. From securing funding to navigating regulatory hurdles, the journey of building a successful business is rife with obstacles. In the most recent episode of… Read More

February 2, 2024 @ 5:42 pm By Omar Faridi  |  

The new SIX Reference Rate Crypto Indices and SIX Real-Time Crypto Indices cover the major crypto assets Bitcoin (BTC) and Ethereum (ETH), giving a comprehensive snapshot of the market and its performance. Built on a transparent rules-based methodology, the indices aim to “foster clarity and… Read More