BBVA Spain Joins Ant Group’s Blockchain-Based Trading Platform Trusple
BBVA has signed an agreement to integrate its cross-border payment and financing services on Trusple, a blockchain-based trading platform powered by Alibaba’s affiliate Ant Group, for greater transparency and security. Trusple aims to accelerate the digital transformation and facilitate the
Read MoreHelvetia Venture Fund Takes Minor Stake in Spanish Fintech Coinscrap Finance
The Swiss Helvetia Venture Fund has acquired a minority stake in Spanish startup Coinscrap Finance which offers various white-label smartphone apps for banks and insurance companies in the pensions sector. The funds from the financing round will be used to
Read MoreTop 10 Leading Fintech in France by Amounts of Funds Raised
Despite the economic turmoil caused by the COVID-19 pandemic, French fintech companies showed resilience in 2020, raising a total of EUR 828.2 million through 63 deals, up 18.9% from 2019, according to data from industry trade group France Fintech. As
Read MoreFintech IPO Listings Reach New Highs
Fintech public listings reached a new high in Q2 2021 with 19 venture capital-backed fintech companies announcing public exits that quarter. Companies like Coinbase, Alkami, Flywire, dLocal and Marqeta went the initial public offering (IPO) route while others, including Grab,
Read MoreCrypto Firm Circle Announces Intentions To Be a National Digital Currency Bank
Circle, creator of the second largest stablecoin USDC, announced its intention to become a full-reserve national commercial bank, operating under the supervision of the Federal Reserve, U.S. Treasury, Office of the Comptroller of the Currency (OCC), and the Federal Deposit
Read MoreNubank Leads US$44 Million Investment Round in Indian Neobank Jupiter
Brazilian challenger bank Nubank announced that it led a US$44 million investment round in Jupiter, an Indian digital bank which launched its beta app about a month ago. This marks the first investment that Nubank has made into another company.
Read MoreAustralian Digital Bank Alex Goes Live on Temenos
Swiss banking software company Temenos announced that Australia’s newest digital bank, Alex, has gone live on The Temenos Banking Cloud. Temenos technology powers Alex’s launch as a licensed bank, following the acquisition of its Restricted-Authorized Deposit-Taking Institution (RADI) license from
Read MoreAustrian Unicorn Bitpanda To Invest €10 Million for a Blockchain Hub
Bitpanda, the Austrian digital investment platform which recently achieved unicorn status, announced that it will be investing €10 million over the next two years into the newly launched Blockchain Research & Development Hub. The new Blockchain Research & Development Hub
Read More16 Upcoming Fintech Events in the US
Across the US and around the world, live events are back in full force and gathering steam. In key fintech hubs like New York and California, major trade shows and events are scheduled to take place in the coming months,
Read MoreSwiss Proptech emonitor Raises CHF 5 Million in Series A Funding Round
Swiss proptech startup emonitor announced that it has successfully raised over 5 million Swiss francs Series A financing round to further develop technologies in the “home” ecosystem. New investors in this round include St. Galler Kantonalbank, Graubündner Kantonalbank and Luzerner
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