Tagged: Business Expansion

August 6, 2022 @ 9:54 pm By Omar Faridi  |  

JP Morgan Payments has introduced a cross-border liquidity solution in Saudi Arabia, enabling customers to connect to liquidity pools in London and other cities across the globe. The service will aim to offer clients with a pipeline to link their balances to liquidity structures globally…. Read More

August 5, 2022 @ 8:47 am By Omar Faridi  |  

Wirex, a crypto and payments ecosystem, has expanded the Wirex Credit program to new regions and “developed additional features.” Their crypto-back credit lines “are now available to UK users and has added WXT as a token to be used as collateral.” Having launched last month… Read More

August 4, 2022 @ 11:49 pm By Omar Faridi  |  

Alloy, which claims to be the leading Identity Decisioning Platform for banks and fintech companies, announced its global expansion. Alloy’s platform for fraud and risk decisions is “available in 40 countries across North America, EMEA, LATAM, and APAC.” Alloy claims it already “has an established… Read More

August 4, 2022 @ 7:55 pm By Omar Faridi  |  

India-based Fintech firm Tartan has secured funding to scale its business operaitons. The investment round included contributions from 500 Global, InfoEdge Ventures, Naval Ravikant-supported AngelList Quant Fund, among other investors. The company has acquired about $6 million in capital, to date. It intends to double… Read More

August 4, 2022 @ 8:54 am By Omar Faridi  |  

Binance, which claims to be the world’s leading blockchain ecosystem behind the largest cryptocurrency exchange, recently announced the appointment of its Co-Founder Yi He “as the new head of its venture capital (VC) arm and incubator, Binance Labs.” Binance CEO CZ (Changpeng Zhao) stated: “As… Read More

August 1, 2022 @ 11:47 pm By Omar Faridi  |  

Goparity, an impact finance app empowering citizens and companies “to use their money for good,” has secured 125% (€1,521,419) of its €1,200,000 target from 692 investors at the time of writing via Crowdcube with 16 days left in the firm’s crowdfunding campaign. Goparity reports a… Read More

July 31, 2022 @ 9:48 pm By Omar Faridi  |  

The Molo Finance team are pleased to announce their strategic partnership with ColCap Financial, which claims to be a leading Australian mortgage lender (that is joining forces with Molo in order to expand into the United Kingdom). The partnership “includes a broader strategic alliance between… Read More

July 31, 2022 @ 10:53 am By Omar Faridi  |  

As part of its strategy to power its next phase of growth, global crypto exchange CEX.IO has appointed Checkout.com as its preferred global payment processor, which uses Visa Direct, Visa’s real time money movement network, “to provide real-time off-ramps for its customers.” Since its launch… Read More

July 28, 2022 @ 10:08 pm By Omar Faridi  |  

Fairown, a green Fintech company, announces the launch of its platform in Poland, “marking the expansion into Central Europe.” The company that enables the circular economy by helping banks, brands, and retailers offer products as a service is “bringing its offer to the Polish market… Read More

July 27, 2022 @ 10:32 pm By Omar Faridi  |  

Equifax (NYSE: EFX) is expanding its global footprint in digital identity and fraud prevention with “a definitive agreement to acquire Midigator LLC, a provider of post-transaction fraud mitigation solutions.” With the rise of global ecommerce sales, “expected to hit $5.5 trillion in 2022, transaction disputes… Read More

July 26, 2022 @ 9:51 am By Omar Faridi  |  

Europe’s provider of credit information, CRIF, has reportedly expanded its Open Banking-enabled consumer credit solution to the United Kingdom, assisting more consumers with  accessing affordable, “responsible” credit during the ongoing economic crisis. CRIF’s credit scoring service, which is currently available to UK-based banking institutions and… Read More

July 26, 2022 @ 8:37 am By Omar Faridi  |  

London-headquartered social and community-focused investing app Shares is looking to expand operations in European markets and also move into crypto after securing $40 million via a Series B round that was led by Valar Ventures. The investment round, which brings Shares’ total funding to $90… Read More

July 24, 2022 @ 7:42 pm By Omar Faridi  |  

IQM Quantum Computers, which claims to be the European leader in building superconducting quantum computers, announced that it has raised €128 million ($128m) in Series A2 funding led by World Fund to “expand its international business and accelerate product development to tackle the world’s most… Read More

July 21, 2022 @ 11:29 am By Omar Faridi  |  

Plutus, the Visa debit card offering 3-8% in crypto cashback, recently announced its plans to further expand into the US neobanking sector. Plutus is a London-based Fintech providing crypto cashback rates and 20+ Perks “such as 100% back on Netflix, Spotify, and Prime.” Its user… Read More

July 20, 2022 @ 6:40 pm By Omar Faridi  |  

TS Imagine, which claims to be a global leader in trading, portfolio, and risk management solutions for capital markets, is expanding its presence in Canada “with new facilities in Montréal to boost its North American operations and drive its international growth.” TS Imagine opened its… Read More

July 19, 2022 @ 11:17 pm By Omar Faridi  |  

Zimpler, which claims to be a leading Fintech company born in Sweden, recently announced that it has gone live in Norway. Following Sweden, Finland, Germany, Estonia, The Netherlands, Latvia and Lithuania, Norway becomes the eighth market “to offer Zimpler’s account-to-account payments solutions.” The first merchant… Read More

July 18, 2022 @ 11:37 pm By Omar Faridi  |  

Malaysia-based digital insurance firm VSure.life recently revealed that it’s expanding operations into the UK in order to make it more affordable for SMBs to access insurance. VSure will be working with local service provider McGill and Partners, a boutique re-insurance broker focused on developing bespoke,… Read More

July 17, 2022 @ 10:31 pm By Omar Faridi  |  

MetaMask, which is ConsenSys’ mobile app and browser extension wallet, recently celebrated its 6th anniversary. MetaMask has “achieved 6 digit growth in Monthly Active Users (MAUs) since its inception.” The fast growth of the last two years can be “attributed to the frenzy of interest… Read More

July 17, 2022 @ 1:34 pm By Omar Faridi  |  

Revolut, the global financial super app, has surpassed 20 million retail customers worldwide, and is now “processing over 250 million transactions a month.” Both achievements come as Revolut “celebrates its seventh anniversary.” Revolut is continuing “to expand its global workforce, topping 5,000 employees globally.” Over… Read More

July 13, 2022 @ 9:28 am By Omar Faridi  |  

Finnish Card-as-a-Service Fintech Enfuce is reportedly set to launch operations in the United Kingdom after finalizing a €45 million round back in December 2021. Established by co-CEOs Monika Liikamaa and Denise Johansson, Enfuce recently expanded its international presence in Germany and France and currently claims… Read More