Tagged: europe

March 10, 2022 @ 11:44 pm By Omar Faridi  |  

UK’s banking app provider Novus has been working cooperatively with Sustainability-as-a-Service provider ecolytiq to offer Novus’ sustainable banking app. All Novus clients in the UK get more transparency on their personal carbon footprint with each payment completed. This way of banking assists clients with better… Read More

March 10, 2022 @ 10:04 pm By Omar Faridi  |  

Danish Fintech Cardlay has reportedly acquired $6 million (appr. DKK 40 million) and also attracted one of Europe’s IT directors. The Fintech firm has now moved closer to becoming a preferred payment partner for business clients. With this latest capital injection, the Danish Fintech is… Read More

March 10, 2022 @ 8:51 pm By Omar Faridi  |  

We recently connected with Mikkel Velin, Co-CEO, YouLend, which works with digital commerce platforms (inc. eBay and Shopify) in order to offer merchants access to fast and reliable funding. During a discussion with CI,  YouLend‘s management noted that the UK government’s Help to Grow scheme… Read More

March 10, 2022 @ 8:47 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), the international firm focused on “mission-critical,” real-time payments software, has announced the launch of Fraud Scoring Services—which is a fraud scoring platform offering next-gen machine learning capabilities for financial institutions of all sizes “to deliver real-time fraud detection and prevention.” Underpinned… Read More

March 10, 2022 @ 3:27 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) announced that State Street Digital, the company’s dedicated Digital unit, has entered into a licensing agreement with Copper.co, a London-headquartered provider of institutional digital asset custody and trading infrastructure. State Street Digital will “leverage Copper.co’s technology to develop and, subject… Read More

March 10, 2022 @ 3:04 pm By Omar Faridi  |  

Tot, an Italian Fintech banking platform that streamlines administrative and financial management via all-digital tools for self-employed professionals and micro-businesses with up to 10 workers, confirms its market debut in March 2022. Tot mainly specializes in microenterprises, amid rising attention to this industry segment, because… Read More

March 10, 2022 @ 10:14 am By Omar Faridi  |  

In order to support victims of the unprovoked Russian invasion of Ukraine, digital asset firm Kraken is preparing an aid package distributing more than $10 million “directly to affected clients.” Beginning on March 10, 2022, and running until July 1, 2022, Kraken customers who created… Read More

March 10, 2022 @ 9:24 am By Omar Faridi  |  

The Interchain Foundation (ICF), a Swiss non-profit that is focused on advancing interoperable, sustainable, and community-owned decentralized networks, confirms that the Inter-Blockchain Communication protocol (IBC), the backbone of the Cosmos ecosystem, “surpassed 11 million transfers in February.” Introduced in March 2021 as part of Cosmos’… Read More

March 10, 2022 @ 9:01 am By Omar Faridi  |  

HyperionDev, a company that teams up with top ranked universities such as the University of Edinburgh to deliver university certified coding bootcamps online & onsite, has raised 132% (£2,654,165) of its £2,000,000 target via Crowdcube (at the time of writing) from 600 investors with 11… Read More

March 9, 2022 @ 7:13 am By Omar Faridi  |  

Blend Network recently released its first annual Predictions in Development Finance report. Set out in this report is an analysis of “the challenges and obstacles, but also the opportunities within the market,” the team at Blend Network noted in a blog psst. The development finance… Read More

March 9, 2022 @ 7:10 am By Omar Faridi  |  

BankiFi, the Manchester-headquartered technology firm focused on putting banks at “the heart” of business, has announced that it joined Visa Fintech Partner Connect in Europe – a program that assists Visa`s customers with offering the next-gen of virtual banking solutions. The partner program mainly focuses… Read More

March 8, 2022 @ 11:18 pm By Omar Faridi  |  

Business Finance Market (BFM), a Fintech established by the businessman behind two UK-based banking challengers Craig Iley recently acquired £1.3 million in capital via a seed round. BFM, which maintains offices in Newton Aycliffe in County Durham, is planning to enhance the process bringing lenders… Read More

March 8, 2022 @ 2:37 pm By Omar Faridi  |  

UK’s investment platform easyMoney notes that we are in the middle of a cost-of-living crisis and prices are increasing on just about everything we purchase so putting away extra funds into a savings pot might “not be at the top of your list, but it… Read More

March 8, 2022 @ 10:53 am By Omar Faridi  |  

February has seen “a number of regulatory updates,” as well as more reports of growth within the UK Fintech sector, the team at Banking Circle noted. At Banking Circle, they released their new whitepaper, ‘Payments without Barriers: Focus on Denmark’, examining “the potential from improved… Read More

March 8, 2022 @ 10:18 am By Omar Faridi  |  

The team at PensionBee notes that February was, in many ways, “a continuation of January’s rocky start to the year.” Stock markets continued to fall “as a result of rising inflation, rising interest rates and a generally weaker economic outlook.” However, Russia’s unprovoked invasion of… Read More

March 8, 2022 @ 8:21 am By Omar Faridi  |  

European lender Mintos has posted its monthly publication that offers an overview of what’s been happening on the platform, “including recent investor activity, educational topics, and more.” Here are the main takeaways: Investors are now “able to donate to help the people in Ukraine and… Read More

March 8, 2022 @ 8:14 am By Omar Faridi  |  

Venture capitalists’ enthusiasm or eagerness to invest in Fintech platforms, which ranked as one of the most active industry segments for startup investments in 2021, is showing signs of slowing down. During the last few weeks, a total of 51 Fintech firms secured a total… Read More

March 8, 2022 @ 1:07 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) has reportedly joined other global financial institutions, consulting and technology companies to accelerate “disruptive” Fintech, Insurtech, Regtech and Deeptech innovations and “empower collaborations.” Via this partnership, Microsoft aims to “contribute to F10’s ecosystem to foster the exchange with FinTech startups around the… Read More

March 7, 2022 @ 9:47 pm By Omar Faridi  |  

Airwallex, an international Fintech platform, recently announced its partnership with investing app, Plum, in order to support its cross-border payments and FX requirements. Airwallex was selected as Plum’s international payments and FX partner “to support the launch of Plum’s new stock investing feature that will… Read More

March 7, 2022 @ 11:10 am By Omar Faridi  |  

Wealth at Work,  a financial wellbeing and retirement specialist, has reportedly appointed Jerome Gudgeon to serve as its Chief Information Technology Officer. Due to strong demand for its all-digital services, WEALTH at work is focused on innovating further to ensure customers are able to benefit… Read More