FQX Appoints Two New Advisors to Propel Its Growth Plans
FQX, a Swiss-based provider of electronic promissory note infrastructure to facilitate trade finance and money markets, announced the appointment of Whitman Knapp and John Taylor as its advisors. Whit Knapp, Chairman of GTBInsights LLC, a global transaction banking advisory firm,
Read More
Blockchain-Based Invoice Factoring Firm Hiveterminal Expands to DACH Region
Blockchain-based invoice factoring platform Hiveterminal announced that it has expanded to the DACH region as part of its Europe growth plans. Hiveterminal aims to start cultivating relationships with Swiss-based small and medium-sized enterprises (SMEs) who need fast and continuous access
Read More
Orell Füssli Snaps up Majority Stake in Swiss Digital Identity Firm Procivis
Swiss printing and bookselling company Orell Füssli has acquired a majority stake in technology company Procivis which offers smartphone-based identity solutions. Orell Füssli will offer both physical and digital identity and certificate solutions from a single source, based on secure
Read More
How Jacksonville, FL, Prevails as an Emerging Fintech Powerhouse
Many cities on the West Coast of the United States burgeoned into innovation centers during the dot-com bubble. Tech hubs like California’s Silicon Valley and Washington’s Greater Seattle region are home to some of the biggest tech companies in the
Read More
Fintech Sector Starts Taking Shape in Panama
Although Panama is lagging behind nations such as Brazil, Mexico and Colombia, in the development of fintech, the lack of access to financial services and high financial exclusion levels provide opportunities for the space to grow. A study released in
Read More
Irish BNPL Firm Scalapay Bags US$155 Million to Fund Its Expansion Plans
Ireland-based buy now pay later (BNPL) firm Scalapay has raised US$155 million in equity funding as part of its Series A investment round. The company is now valued at US$700 million. The latest funding round brings the total amount raised
Read More
Neobank Varo Raises US$510 Million, Now Valued at US$2.5 Billion
US-based Neobank Varo Bank announced that it closed a US$510 million oversubscribed Series E funding round, valuing it at US$2.5 billion. The round was led by new investor Lone Pine Capital, who was joined by dozens of additional new investors
Read More
FINMA Issues First-Ever Approval to SIX for Digital Assets Trading
The Swiss Financial Market Supervisory Authority (FINMA) has granted approvals for the SIX Digital Exchange to act as a central securities depository and the associated company SDX Trading to act as a stock exchange for digital assets. With the granting
Read More
Spiros Margaris Among Two New Additions to CoreLedger’s Advisory Board
CoreLedger, a Liechtenstein-based crypto firm, has announced the addition of Spiros Margaris and David Ishag as new members to its advisory board. Spiros is an accomplished unicorn startup advisor, venture capitalist, and keynote speaker who has also been widely recognised
Read More
Mastercard Bets on Crypto, Buys CipherTrace for Undisclosed Sum
Mastercard has signed a deal to acquire CipherTrace, a US-based cryptocurrency intelligence company, for an undisclosed sum to extend its capabilities deep into the field of digital assets. The deal is anticipated to close before the end of the year.
Read More