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Europe's Economic Crossroads: Recession Fears and S&P Global's
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The quiet power of invisible technology: Why the future of
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FinTech
Dmitri Laush and Siamak Tebyanian Launch Nextcent to Democratize Financial Literacy
2022-07-18T18:57:14.282+02:00
The app focuses on bite-sized courses, which improves the learning curve.
The app teaches users about different markets and how to manage their investments.
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FinTech
Fintech Stori Joins Mexico’s Unicorn Club after $150 Million Raise
2022-07-15T22:56:59.792+02:00
Stori has hit a valuation of $1.2 billion.
The fintech has built a base of over 1.4 million customers.
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Executives
METACO Gets New Chief Growth Officer, Seamus Donoghue
2022-07-15T15:26:51.727+02:00
Donoghue has over 30 years of industry experience.
He is the host of METACO Talks, a live interview series.
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Executive Moves
Dimitris Litsikakis Announces Departure from deVere Group
2022-07-15T12:49:14.150+02:00
He was serving as the CEO of deVere e-Money.
Litsikakis spent more than three years at deVere Group.
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News
TIFIN Expands Global Presence, Acquires SharingAlpha
2022-07-15T07:24:00.710+02:00
TIFIN is planning to fully integrate SharingAlpha into its Magnifi platform.
Oren Kaplan, SharingAlpha’s Co-Founder, has joined Magnifi as a Partner.
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News
Deutsche Bank Is Developing a White-Label BNPL Solution with Austrian Fintech
2022-07-13T12:13:31.708+02:00
Merchants will be able to integrate the white-label solution into payment processes.
It will be piloted at the end of this year.
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Citi Invests in Illuminate Financial Management
2022-07-13T12:08:40.505+02:00
Last year, Illuminate Financial received backing from JPMorgan.
To date, Citi has co-invested in eight companies in Illuminate’s portfolio.
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i2c Announces Partnership with Marygold
2022-07-09T12:57:19.469+02:00
The company will power Marygold’s contactless debit Mastercard and savings platform.
Marygold will leverage i2c’s plug-and-play payment APIs.
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Analysis
FinTech
Analysis
Will Regulation End or Expand BPNL in the UK?
2022-07-08T09:56:48.154+02:00
The laws will mandate lenders to carry out affordability checks.
The draft law will be published towards the end of 2021.
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News
WeLab Bank Announces the Launch of GoWealth
2022-07-08T09:02:10.351+02:00
The digital wealth advisory solution will facilitate the company’s customers.
Clients can start GoWealth with a minimum of HKD 100.
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FinTech
Hidden Road Secures $50 Million in Series A Funding Round
2022-07-07T21:41:00.000+02:00
Michael Higgins, a former FXCM senior executive, is the director of the firm.
The funding round had the participation of FTX and Coinbase Ventures, among others.
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Executive Moves
SG Veteris Hires Raul Malmstein as New Director and MLRO
2022-07-06T23:22:00.000+02:00
He is the former chairman of the Management Board of the EFSA.
Malmstein has over 30 years of experience in the financial services sector.
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Executive Moves
Tyler Derr Becomes New Chief Technology Officer at Broadridge
2022-07-06T19:23:00.000+02:00
He will supervise the company's global technology teams.
Derr will report directly to Tim Gokey, Broadridge's CEO.
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Analysis
FinTech
Analysis
How to Get the Unbanked Banked in LATAM
2022-07-05T11:09:20.307+02:00
The World Bank Financial Inclusion Index unveils a significant gap in the region.
Experts proposed some solutions to the matter.
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Payments
Equals Group Posts Record H1 2022 Financials, Revenue Jumps 84%
2022-07-05T09:48:44.701+02:00
There was a massive jump in the company’s international payments business.
The gross profit of the company also increased by 47 percent.
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FinTech
Societe Generale Counts on Fintech METACO to Grow Digital Asset Activities
2022-06-30T19:29:24.947+02:00
METACO owns Harmonize, a digital asset custody platform.
SG wants to build 'a solid foundation' for its digital asset activities.
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News
Bunq’s Gross User Fee Income Increases 76% in 2021
2022-06-30T10:15:34.170+02:00
The net fee income almost doubled during the mentioned period.
Customer deposits climbed by more than 35% in 2021.
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UK Firm Transact365 Achieves 300% Year-on-Year Growth
2022-06-29T21:42:00.000+02:00
Its chargeback ratio stands at 0.004%.
The growth is recorded in its third year of European operations.
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Airwallex Announces Introduction of International Payment Services in New Zealand
2022-06-29T09:52:54.141+02:00
The launch will boost business growth in the ANZ region.
Clients of Airwallex will now be able to open a global account in New Zealand Dollars.
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FinTech
Conversion Capital Releases $122 Million Fund III to Invest in Fintech
2022-06-29T01:42:00.000+02:00
The focus of the fund is to invest in early-stage fintech and infrastructure startups.
The capital will forward the investment into 25-30 pre-seed to fintech companies.
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News
Atlantic Money Expands Global Presence, Receives Approval from NBB
2022-06-28T12:19:18.844+02:00
The company has secured approval to operate as a payment institution.
The approval from the National Bank of Belgium has enabled the firm to provide its services across the EU region.
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SumUp Raises €590 Million in Funding, Hits a Valuation of €8 Billion
2022-06-24T11:32:43.123+02:00
Bain Capital Tech Opportunities led the recent investment round.
The latest funding is a combination of debt and equity.
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Prime Trust Secures Approximately $100 Million in Series B Funding
2022-06-23T15:09:13.333+02:00
The company is planning to expand its offerings.
To date, Prime Trust has raised more than $170 million.
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Nium Collaborates with Stellar Development Foundation
2022-06-23T09:52:14.238+02:00
The companies have partnered to enable payouts in 190 countries.
Firms building on Stellar can now leverage the global platform of Nium.
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News
Investment Platform Finhay Raises $25 Million in Series B Round
2022-06-22T19:24:00.000+02:00
The funding round was co-led by Openspace Ventures and VIG.
Finhay was founded in 2017.
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