Tagged: Business Expansion

October 10, 2023 @ 9:20 am By Omar Faridi  |  

Nationwide Building Society’s longstanding commitment to the High Street means it now has the largest number of branches in the UK – which is “more than any other banking brand.” Research from Britain’s biggest building society reveals “around two thirds of people (63%) value their… Read More

October 9, 2023 @ 10:09 am By Omar Faridi  |  

The crypto ecosystem faced significant challenges this year, the team at Gemini noted in a recent update. Despite the various headwinds, talented individuals across all our teams “have continued to build every day during the bear market,” Gemini claims. As they mark Gemini’s 8th anniversary,… Read More

October 7, 2023 @ 3:22 pm By Omar Faridi  |  

In early 2023, TrustPay has reportedly received its Payment Initiation Service Provider (PISP) license and following that, they claim to have selected a partner “with a large reach of connected banks to widen their own reach.” As a Slovakian payments service provider or PSP, TrustPay… Read More

October 6, 2023 @ 8:45 am By Omar Faridi  |  

Habyt, the flexible housing provider, has raised €40M in a series C round as it expands globally and consolidates its market share. This investment round is “led by the new investors Korelya Capital (Paris-based) and Deutsche Invest (Munich-based). It was also participated by new investors… Read More

October 5, 2023 @ 10:23 pm By Omar Faridi  |  

Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology solutions, has expanded its longstanding relationship with Swift by joining the Swift Partner Program as a Platform Partner. As a Partner, Fiserv will “enable connectivity to Swift APIs and enhance support for… Read More

October 2, 2023 @ 7:23 pm By Omar Faridi  |  

Digital asset firm Gemini is pleased to unveil the new Gemini Institutional website, showcasing the breadth of crypto-native solutions available to Gemini’s institutional customers. Gemini‘s commitment to being “a secure and regulated onramp to crypto for institutions goes beyond just providing a best-in-class crypto trading… Read More

October 2, 2023 @ 10:05 am By Omar Faridi  |  

Mexican Fintech albo has reportedly secured $40 million in capital via a Series C round in order to enhance its payments services. albo’s investment round included participation from Nazca, Morpheus Ventures, and Valar Ventures. In addition to the raise, the Fintech company said it will… Read More

October 2, 2023 @ 8:41 am By Omar Faridi  |  

Coinbase Singapore has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This development, coming after Coinbase’s (NASDAQ:COIN) initial In Principle Approval, amplifies their commitment to the Singapore market, enabling them “to expand their provision of Digital Payment Token services to… Read More

September 28, 2023 @ 10:47 pm By Omar Faridi  |  

Currencycloud, the Fintech focused on simplifying business in a multi-currency world, has more than tripled its Chinese customer growth rate across Asia-Pacific since establishing its APAC headquarters in 2021, “with its Chinese client base expanding from four to 12 organisations across the region.” As one… Read More

September 28, 2023 @ 10:32 pm By Omar Faridi  |  

Pravjit Tiwana, CEO APAC and Global CTO at Gemini, notes that in May, they announced the launch of Gemini’s Gurgaon technology development center in India. Now, Gemini are pleased to build on that announcement and reveal that they have opened their office “within the Cyber Hub… Read More

September 28, 2023 @ 10:08 pm By Omar Faridi  |  

Rapyd, a global fintech firm, announced the expansion of its card acquiring solution to Singapore. This solution, when combined with Rapyd’s core Fintech as a Service platform, equips local businesses with the tools “to elevate their market presence locally and extend their global reach to… Read More

September 26, 2023 @ 8:36 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd (TSX: GLXY), a financial services and investment management innovator in the digital asset and blockchain technology sectors, announced that Leon Marshall has been named Chief Executive Officer of Europe. In this newly formed role, Mr. Marshall will be “responsible for overseeing… Read More

September 25, 2023 @ 10:41 am By Omar Faridi  |  

SIX Terravis, SIX’s digital platform for the mortgage market, is contributing to the planned expansion of the Swiss National Bank’s (SNB) liquidity provision framework for the banking sector. Recent experiences show that banks of all sizes and “with different business models can find themselves in… Read More

September 18, 2023 @ 10:11 pm By Omar Faridi  |  

Despite a challenging economic environment, 101 new businesses were created every hour across the UK in the first half of 2023, according to research by iwoca, one of Europe’s small business lenders. Analysis of Companies House data reveals “that over 436,000 businesses were registered in… Read More

September 17, 2023 @ 11:49 pm By Omar Faridi  |  

Trade Republic expands its offering: from now on, customers can invest in 500 liquid government and corporate bonds on a daily basis to secure high interest rates over the long term. Christian Hecker, co-founder of Trade Republic, said: “Especially in the current environment, bonds are… Read More

September 16, 2023 @ 6:33 am By Omar Faridi  |  

CAIS, the alternative investment platform for independent financial advisors, announced an expanded menu of strategies from twelve alternative asset managers, underscoring their commitment to the independent wealth channel. Apollo Global Management, Ares Management Corporation, Bain Capital, Blue Owl Capital, The Carlyle Group, Fidelity Investments, Franklin… Read More

September 15, 2023 @ 12:11 pm By Omar Faridi  |  

The team at TWINO is pleased to announce the expansion of TWINO Group lending operations into the Philippines, in a continued partnership with VIA SMS Group under the VAMO brand. Thus, VAMO Philippines securities are now “available for investments on TWINO platform allowing you to… Read More

September 14, 2023 @ 9:06 pm By Omar Faridi  |  

Zodia Custody, an institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, has expanded its presence to Singapore. This makes Zodia Custody the first entity “that is owned by, and partnered with, banks to provide digital asset custody services for… Read More

September 14, 2023 @ 9:02 pm By Omar Faridi  |  

Accenture (NYSE: ACN) and Workday (NASDAQ: WDAY) are expanding their partnership to help organizations reinvent their finance functions to be more agile, data-driven and customer-centric. The companies are collaborating “to develop a suite of data-led, composable finance solutions that can be configured and reconfigured to… Read More

September 14, 2023 @ 8:10 am By Omar Faridi  |  

Visa (NYSE: V) revealed findings from the seventh edition of its Global Back to Business Study, which found that a majority of surveyed small and micro businesses (SMBs) plan to prioritize cross-border sales as they look to scale beyond Main Street and High Street to… Read More