UK based invoice financing fintech MarketInvoice has raised a fresh $72mn in capital, $33mn in equity and a $39mn debt...
Here are the most read news stories from our daily newsletter today: PayPal Brings Crypto Service to UK Customers –...
AltFi reports on the new deal where Varengold Bank AG will provide £45m annually to the platform; Varengold is a German private bank which was granted a commercial banking license in 2013; MarketInvoice recently signed a similar partnership with Banco BNI Europa earlier this year. Source
Citi’s release of Bridge, a virtual loan broker offering merchants a three step process to apply for capital through over a dozen banks, has branched out across seven states and is continuing to grow four months in— according to recent LinkedIn posts from Citi employees. “I am excited to announce I have been working on...
In the wake of COP26, the ESG regulatory agenda is advancing at pace and organisations are rightfully under pressure to make improvements in this area.
In time, value will migrate to currencies built on quantum-resistant algorithms. But right now it might be well worth spending a few billion to build a quantum submarine to dive down dredge up a hundred billion or so in lost cryptocurrency.
Banca Passadore & C., an independent bank serving private and business customers since 1888, makes available PassadorePay international debit cards created in collaboration with Nexi, Europe's leading PayTech in the digital payments sector.
Codat, a startup that provides APIs to link SMBs fintech data to external services, is undergoing a new partnership with Moody’s Analytics.
Amazon is working with Barclays on new accounts that allow customers to access installment plan payments in the United Kingdom shopping on on amazon.co.uk.
The world's oldest central bank is now looking to the future; Riksbank is looking to issue a national digital currency as they have seen a 40% drop in use of notes and coins since 2009; they do not view the digital currency as a replacement for notes; the new currency would be viewed as complementary; challenges lie ahead as there is no blueprint for this; Cecilia Skingsley, deputy governor at the Riksbank, told the Financial Times, "This is as revolutionary as the paper note 300 years ago. What does it mean for monetary policy and financial stability? How do we design this: a rechargeable card, an app or another way?" Source