Global

We find Fintech news from around the world and share it with you here.

Private Markets Investment Management Firm Hamilton Lane Closes Strategic Opportunities Fund VIII

Private markets investment management firm Hamilton Lane (Nasdaq: HLNE)  announced the final closing of Hamilton Lane Strategic Opportunities Fund VIII. The Fund represents approximately $700 million in commitments “from a wide range of institutions, including over 50 investors across North America, Asia, EMEA and Latin… Read More

THIS, UK Foodtech Making Plant-based Meat Alternatives, Raises Over £1 Million via Seedrs

THIS, which claims to be the UK’s “fastest growing” food brand (Feb ’23), making ridiculously meaty plant-based alternative, has secured over £1  million on Seedrs topping its funding target of £750,000. The securities offering has almost a month left in its campaign. THIS is offering… Read More

Estateguru Reports €6.1M in Loan Repayments in January with Additional €0.5M from Recovered Loans

Estateguru is sharing its loan portfolio for the month of January 2024. Estateguru says that it saw €6.1M in loan repayments in January, “with an additional €0.5M from recovered loans.” Estateguru says it also saw total returns amounting to €1.2M euros, with “an average return… Read More

UK’s PensionBee Announces Proposed US Business Expansion

PensionBee Group plc, an online pension provider, recently announced it has entered into an exclusive, non-binding term sheet “with a large, US-based global financial institution in order to expand into the United States of America.” The US has the world’s largest Defined Contribution pension market,… Read More

UK’s ESProfiler, a Cybersecurity Startup, Reports £2.8M Seed Round

ESProfiler, the British cybersecurity start-up, announces a £2.8 million Seed round, led by Nauta Capital. This milestone builds on the momentum from angel investments received in 2023. Founded to tackle the inefficiencies in enterprise cybersecurity investments, ESProfiler is emerging as a key player in the… Read More

OurCrowd AI Fund: Investment Platform OurCrowd to Partner with NVIDIA on Artificial Intelligence Fund

OurCrowd, a global online investment platform providing smaller investors access to private securities offerings, is partnering with NVIDIA (NASDAQ:NVDA) as part of its sector fund, the OurCrowd AI Fund. NVIDIA is the hottest artificial intelligence firm around today, as just about everyone needs their technology… Read More

Digital Assets: LeadBlock Bitpanda Ventures to Focus on Providing Capital to High-Potential Initiatives

Eric Demuth, CEO at Bitpanda, reveals that they’re launching LeadBlock Bitpanda Ventures (focused on Venture Capital and Private Equity Principals). When the team first created Bitpanda, there wasn’t much help available to them. There also wasn’t enough funding and there wasn’t expertise they could draw… Read More

UK’s Digital Bank Monzo Secures $400 Million at $5 Billion Valuation

UK’s challenger bank Monzo has finalized a heavily-trailed $400 million investment round, which has increased the firm’s valuation to $5 billion. The funding round, an incentive for pushing the banking platform towards profitability, was reportedly led by Alphabet-owned Capital G, along with contributions from Google… Read More

EuroCrowd Announces Partnership with Italian Startup Association InnovUP

EuroCrowd, the pan-European assocation that represents investment crowdfunding platforms across the continent, has announced a partnership with InnovUP,  or the Italian Innovation & Startup Ecosystem association. According to a note from EuroCrowd, the partnership means that EuroCrowd will help represent Italian platforms. This is said… Read More

TransUnion Partners with Samooha to Enable Privacy-First Identity Resolution and Audience Segmentation

TransUnion (NYSE: TRU) announced a partnership between its marketing solutions line, TruAudience, and Samooha, by Snowflake, a native data clean room solution on Snowflake. The partnership paves the way “for a privacy and data-driven future in the advertising industry.” This also represents a significant step… Read More

Fintech Firm PayQuicker Partners with MONAT Global

PayQuicker, a Fintech firm focused on the global payouts market, today announced its partnership with MONAT Global, a direct-selling company known for its haircare, skincare, and wellness products. MONAT will leverage PayQuicker’s unique offerings “to streamline commission-based payments to their Market Partners across the globe… Read More

Oliver Wyman Announces Completion of Innopay Acquisition

Oliver Wyman, a global firm focused on management consulting, and a business of Marsh McLennan (NYSE:MMC) announced the completion of its acquisition of Innopay. Innopay complements Oliver Wyman’s existing payments consulting capabilities. Innopay delivers strategy, scheme development, and execution “in the domain of digital payments,… Read More

Former COO of Wirecard Jan Marsalek Was a Russian Spy, Now Lives in Russia

A payments provider and once one of the most successful Fintechs in Germany, Wirecard collapsed into a pile of allegations of fraud and misconduct. Wirecard, at one time part of the DAX and valued in the billions of dollars, became a huge embarrassment for regulators… Read More

On-Chain Analytics Provider IntoTheBlock Announces Integration with TRON Blockchain Network

IntoTheBlock, a provider of on-chain analytics has announced the integration of the TRON network into its Market Intelligence suite. Via a collaboration with TRON DAO, these advanced indicators “will be available for free to the TRON DAO community.” The TRON network, which is reportedly “known… Read More

UK Businesses Continued Positive Start to 2024 – Report

Businesses continued their positive start to the new year, Lloyds Bank’s latest Business Barometer has found. The Barometer – which measures businesses’ overall confidence “by assessing their trading prospects and optimism for the economy – found that while overall confidence dipped slightly to 42%, businesses… Read More

UK’s FullCircl, a Platform Removing Regulatory and Verification Roadblocks, Introduces Orchestration Platform

FullCircl, a UK-based SaaS platform that removes the regulatory and verification roadblocks to drive revenue growth, is excited to announce the launch of its first white label orchestration platform through W2 by FullCircl to help regulated businesses onboard more customers and meet regulatory requirements. It’s… Read More

UK Fintech TangoPay and Currencycloud to Improve Remittance Services

Currencycloud, the Fintech firm focused on simplifying business processes in a multi-currency environment, has teamed up with UK-headquartered Fintech company, TangoPay to improve its remittance service for its UK-based expat clients. This enhancement will be achieved by introducing real-time competitive foreign exchange (FX) rates along… Read More

Switzerland’s SIX to Link Connexor to D7, Deutsche Börse’s Digital Post-Trade Platform

SIX is partnering with Clearstream in order for the Connexor service of SIX to become a D7 Digital Market Partner to process and distribute reference data of financial instruments. D7 is Deutsche Börse’s digital post-trade platform for digitizing financial instruments, which allows for the issuance… Read More

GCC Lending Surges with $1.9t in Gross Loans Despite High Interest

Despite the tightening of monetary policy by the US Federal Reserve, the banking sector in the Gulf Cooperation Council (GCC) countries experienced sustained growth in lending during the second quarter of 2023, according to a recent report by Kamco Invest. This growth was largely driven… Read More

ClearBank, the Enabler of Embedded Banking Services, Appoints Emma Hagan as CEO of UK Operations

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, announced that Emma Hagan has been appointed CEO of ClearBank UK, and will take up the role following regulatory approval. Hagan brings a wealth of banking experience “to the role, having… Read More