As part of its ongoing commitment to supporting the Ukrainian community, global fintech company Revolut has announced that its app is now available in the Ukrainian language. This move comes around two years after Revolut started offering payment services to refugees fleeing Ukraine and the… Read More
On August 23, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced further sanctions against nearly 400 entities as a part of ongoing multilateral efforts “to weaken Russia’s military supply chain and procurement networks.” Chainalysis noted in a blog… Read More
HeavyFinance has signed 300,000 hectares of farmland in western and central Ukraine to its carbon farming program, for a shift over to regenerative agriculture. Once farming practices across this extensive area have been shifted over to nature-based, sustainable and regenerative methods, the farming land “will… Read More
For SMEs, the year 2023 could mark a “turning point.” They have shown resilience “despite persistent inflation and the war in Ukraine, but they are now having to face rising interest rates which is making life tough for them for three reasons,” according to iBanFirst,… Read More
In 21 months of the war (since February 24, 2022), PeerBerry business partners Aventus Group and Gofingo Group have, in total, repaid PeerBerry investors €46.2 million or 92% of the total outstanding war-affected obligations. Today, Gofingo Group repaid PeerBerry investors €200 000 in war-affected loans…. Read More
Tether, the largest stablecoin company in the world, reaffirmed its commitment to working closely with law enforcement agencies across the globe to combat cryptocurrency-funded terrorism and warfare. To date, Tether has “aided 31 agencies worldwide with investigations across 19 jurisdictions, freezing a total of $835… Read More
In 19 months of the war (since February 24, 2022), PeerBerry business partners Aventus Group and Gofingo Group have, in total, “repaid PeerBerry investors €45.52 million or 90.64% of the total outstanding war-affected obligations.” Compared to other war-affected platforms, PeerBerry claims that it is the… Read More
Revolut, the global financial super app with more than 30 million customers worldwide, has partnered with the charity match Game4Ukraine, which will take place on August 5th at Stamford Bridge Stadium in London. Two teams lineup, captained by ambassadors of the fundraising platform UNITED24, Andriy… Read More
Vouched, an AI-driven identity verification platform, announced it will provide identity verification services in support of the launch of FreedomID, a platform designed “to support refugees in their safe passage and settlement anywhere in the world, formed by UK tech company Zenoo.” Vouched expects to… Read More
Digital Innovation for America, a lobbying group advocating on behalf of digital assets, has updated its campaign to highlight the ability of crypto to streamline transfers or payments globally by promoting the need for Ukrainians living in the US to support the ongoing war against… Read More
PeerBerry business partners are repaying €1.8 million of war-affected loans. Under the Group guarantee mechanism in 15 months of the war, PeerBerry business partners have already “repaid €38.73 million, or 77.12% of the total war-affected obligations towards PeerBerry investors.” As noted in a blog post,… Read More
On April 25th, 2023, the FBI’s Detroit Field Office, with assistance from the Virtual Currency Response Team (VCRT), the Cyber Police Department and Main Investigation Departments of the National Police of Ukraine, and the Prosecutor General’s Office of Ukraine, reportedly “conducted coordinated, court-authorized activity involving… Read More
After “proactive” efforts to petition the Central Bank of the Russian Federation (The Central Bank), in September 2022, Revo Russia (OOO Revo Technologies MFC) obtained special permission in order “to accelerate repayment of its obligations to Mintos investors in payments larger than 10 million RUB… Read More
PeerBerry recently revealed that its business partners are repaying €1.8 million worth of war-affected loans. PeerBerry writes in a blog post that under the current Group guarantee mechanism in 14 months of the war, the investment platform’s business partners have already repaid €36.8 million, or… Read More
In March, PeerBerry investors reportedly funded €65.53 million of loans, “i.e., €10.23 million or 18.5% more than the previous month.” In March, their investors “received €877 001 in interest.” 1071 new investors joined the platform last month. The average annual ROI on PeerBerry “in March… Read More
Nation-state cyber threat actors are expected to acquire and flex new offensive cyber capabilities in “an increasingly polarized world,” warns cyber risk analytics specialist CyberCube. In a new report, CyberCube anticipates “there will be further attempts to compromise IT supply chains and geopolitical targets such… Read More
PeerBerry business partners are “repaying EUR 1.7 million of war-affected loans.” Under the Group guarantee mechanism in 13 months of the war, PeerBerry business partners have already “repaid EUR 34.8 million, or 69,3% of the total war-affected obligations towards PeerBerry investors.” Remember that AutoMoney UA… Read More
TransferGo says it has emerged as one of the top platforms enabling remittances and transfers to Ukraine. TransferGo is a Fintech that is regulated by the Bank of Lithuania. The company states that the largest amount of funds going into Ukraine is from Poland and… Read More
As war continues to rage in Ukraine and inflation impacts the economy, fintechs and digital banks expect the subsequent global economic downturn “to drive a rise in financial crime – and they’re staffing up their financial crime prevention teams.” A new survey by ComplyAdvantage,… Read More
Eleving Group has shared its operational and financial updates. Eleving Group continues “to reduce its portfolio exposure in Belarus.” The portfolio “has substantially decreased during last year and continues to further amortize.” The impact of the portfolio reduction “has been minimal on the Group’s financials…. Read More
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