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Bright Horizons: Fideum Group Anchors Spot in Mastercard Lighthouse Elite Program
14.9.2023
PRESS RELEASE. Fideum Group, an ambitious financial aggregator renowned for its commitment to enhancing both retail and institutional client experiences, announced its notable inclusion in the prestigious Mastercard Lighthouse FINITIV 2023 Fall Program. As one of 15 selectees from the Nordic...
Coinbase Founder Brian Armstrong Reveals Plans to Integrate Lightning Network
13.9.2023
According to Coinbase founder and CEO Brian Armstrong, Coinbase is actively working on integrating the Lightning Network (LN), the second-layer scaling protocol. Armstrong emphasized that bitcoin “is the most important asset in crypto” and added that the integration of LN would...
Crypto ahead in fintech investments in France and Germany in 2023: Report
13.9.2023
Europe experienced a 50% fall in fintech investments in the first half of 2023
What's Wrong With PayPal's Stablecoin?
12.9.2023
London Fintech Owner Accused of Facilitating Massive Drug Money Laundering via Crypto
8.9.2023
A fintech owner in London is under scrutiny for allegedly assisting notorious drug traffickers in laundering hundreds of millions of euros through a crypto exchange platform.
Caio Marchesani, the 38-year-old Italian owner of Trans-Fast Remittance, a regulated payments business, is accused...
Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
8.9.2023
Block Earner has unveiled a new crypto-backed loan product for the Australian market, amid an ongoing tussle with a federal regulator over its shuttered Earn product
Ugandan Fintech Asaak Acquires Mexican Asset Financing Startup Flexclub
8.9.2023
The Ugandan mobility fintech Asaak recently spread its tentacles to Latin America after it bought the Mexican asset financing business Flexclub. The fintech’s CEO suggested that his company’s successful and profitable microfinance business partly influenced the decision to acquire the Mexican...
Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding
8.9.2023
The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is working with central banks, some of whom...
Fintech in the Kingdom of Saudi Arabia – Revel in the movement
6.9.2023
Amongst esteemed Partners such as Kyndryl – the world’s largest IT infrastructure services provider – Verve Management is thrilled to announce an unmissable opportunity for banking professionals to delve into the world of fintech technology and banking innovation – the Future Banks Summit...
India G20 confirms 'active discussions' around global crypto framework
6.9.2023
Sitharaman said crypto was a “threat as well as an opportunity” while confirming that the G20 members are working toward this vision of establishing a global crypto framework
Oxford scientists develop GPU-accelerated limit order book sim to teach AI how to trade
5.9.2023
The first of its kind architecture gives up to a 7X speedup over traditional training methods
Global Fintech Fest 2023 to be the largest thought leadership platform
5.9.2023
The Global Fintech Fest is set to become the biggest FinTech conference in the world. The event, running between September 5 and 7, is conducting its second physical edition. The conference will take place at Mumbai’s Jio World Convention Centre. The organizers have set Global Collaboration for...
Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo
5.9.2023
The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform
Robinhood to Buy Back SBF’s Stake for Over $605 Million
3.9.2023
Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government after the bankruptcy of SBF’s businesses....
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
31.8.2023
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less...
Český fintech Twisto měl loni ztrátu 370 milionů, klesla mu hodnota a opět mění majitele
30.8.2023
Problematický český fintech Twisto opět neměl jednoduchý rok. Firma loni skončila ve ztrátě 369 milionů korun. Výnosy z úroků dosáhly na 285 milionů a výnosy z poplatků a provizí vyrostly na 66 milionů. Firma uvedla, že ztráta je způsobena vyššími náklady souvisejícími s expanzí na nové trhy
Hipther’s GamingTECH CEE 2023 agenda explores the intersection of gambling with tech & fintech
17.8.2023
Hipther Agency is thrilled to reveal the Agenda of the highly-anticipated GamingTECH CEE Summit, set to take place on 26-27 September 2023 at The Ritz-Carlton Budapest. The thought-provoking, multifaceted GamingTECH CEE Agenda covers the entire spectrum, from Compliance and Responsible Gaming...
The Machine Economy and the Convergence of Web3, AI and Fintech
16.8.2023
Fintech, Web3, and artificial intelligence are one economic whole, and our ability to grow each relies on their deep synthesis, says Lex Sokolin, founder of Web3 investment fund Generative Ventures
US Congressman Warren Davidson: ‘Banning CBDC Is Essential to America’s Fintech Future’
16.8.2023
U.S. Congressman Warren Davidson has railed against central bank digital currencies (CBDC), stating that enacting a ban on these instruments is “essential” for the future of the fintech industry in America. Davidson explained that many people wrongly conflate cryptocurrencies with CBDC...
Finnovex Middle East 2023: Pioneering Fintech Event!
8.8.2023
The GCC (Gulf Cooperation Council) countries are setting the stage for a forward-looking digitization strategy, propelling the banking sector into a new era of innovation and growth. Against the backdrop of this transformative landscape, the 20th Global Edition Finnovex Middle East summit emerges...