Tagged: ukraine

December 16, 2022 @ 8:07 pm By Omar Faridi  |  

MoneyGram (NASDAQ: MGI) is pleased to support our partners at the Stellar Development Foundation (SDF) on the launch of Stellar Aid Assist, which is described as “a first-of-its-kind blockchain-powered aid disbursement system that delivers relief funds quickly, affordably and efficiently to individuals in crisis.” As… Read More

November 22, 2022 @ 8:04 am By Omar Faridi  |  

Alternative investment platform PeerBerry business partners are repaying EUR 1.8 million of war-affected loans. In 9 months of the war, under the Group guarantee mechanism, PeerBerry business partners have already repaid “over EUR 27.02 million, or 54% of the total war-affected obligations towards PeerBerry investors.”… Read More

November 13, 2022 @ 4:04 pm By Omar Faridi  |  

European financing platform Debitum notes that its partner company Triple Dragon – an “innovative,” “fast-growing,” specialist lender in the gaming and mobile app industries – in December 2022 will mark their 6th year anniversary. During these years Triple Dragon have reportedly “managed not only to… Read More

October 19, 2022 @ 8:50 pm By Omar Faridi  |  

The Binance NFT Marketplace is pleased to be the official sales platform of an exclusive NFT collection created by the Kharkiv Art Museum in Ukraine. This cultural institution is “home to around 25,000 works of fine art, and the museum’s collection is recognized as one… Read More

October 6, 2022 @ 10:18 am By JD Alois  |  

This past July, payments Fintech Payoneer (NASDAQ: PAYO) reports that it surveyed 4,200 Ukrainian SMEs who are clients of the company that also work with customers outside of Ukraine. According to Payoneer, businesses in Ukraine remain resilient, persevering even as the unprovoked war with Russia… Read More

September 19, 2022 @ 8:32 am By Omar Faridi  |  

PeerBerry business partners are repaying more than €1.6 million of war-affected loans. As noted in the update from PeerBerry, AutoMoney UA and Slon Credit UA long-term loans are being “repaid under the initial loan schedule.” The last payments of these loans “are being repaid with… Read More

August 28, 2022 @ 7:01 pm By Omar Faridi  |  

In the recent update about Loan Originator’s Chain Finance borrower and its war-affected assets in Ukraine, Debitum has commented on the status of repayments for June, plans regarding investments, and shared other details about business operations. Debitum has now shared the latest information and data… Read More

August 21, 2022 @ 9:56 pm By Omar Faridi  |  

PeerBerry partners continue regular repayments of “war-affected” loans. The repayment of over EUR 1.4 million of war-affected loans was reportedly completed on August 17, 2022. EUR 1.2 million is “dedicated to repaying war-affected Ukrainian and Russian short-term loans,” the team at PeerBerry revealed. The also… Read More

August 14, 2022 @ 12:38 pm By JD Alois  |  

Re:start Financial, a neobank that focuses on social impact, has partnered with a Ukrainian non-profit to provide donations “with every swipe” of their card. As the world knows. Russia invaded Ukraine in an unprovoked attack earlier this year which has devastated the country. Support from… Read More

July 19, 2022 @ 8:12 am By Omar Faridi  |  

The team at Mintos has shared their latest Insight report, which is their monthly publication that summarizes what’s been happening on their platform, including wider market updates, educational topics, and other pertinent information. During the last 6 months, the dynamics of the investment market “have… Read More

July 18, 2022 @ 8:32 am By Omar Faridi  |  

This month PeerBerry repaid more than EUR 1.4 million of “war-affected” loans. As confirmed in a blog post, PeerBerry business partners are “repaying EUR 1,2 million of war-affected Ukrainian and Russian short-term loans.” An additional amount of “up to EUR 200 000 of war-affected real… Read More

July 11, 2022 @ 11:28 am By Omar Faridi  |  

Mastercard (NYSE: MA) has introduced WhereToStay.com – an online platform which, basing on data on average housing costs and average wages from Central Statistical Office (Główny Urząd Statystyczny), aggregated with spending trends of everyday purchases, from Mastercard, “determine the approximate cost of living in various… Read More

July 7, 2022 @ 1:09 pm By Collette Allen  |  

The entire world is on edge with the events unfolding in Ukraine. As NATO responds and sanctions have been imposed on Russia, what does this mean for businesses? As part of an overall Anti-money laundering and fraud protection strategy, screenings performed for new clients prevent… Read More

July 4, 2022 @ 9:07 am By Omar Faridi  |  

On June 29, the European Commission and the Ukrainian Association of Fintech for Innovation Companies (UAFIC) and the European Association of Digital Finance (EDFA) supported a project to implement tech solutions that should help Ukrainians — pan-European hackathon “Coding Challenge for Ukraine.” The event’s partner… Read More

June 23, 2022 @ 1:46 am By Omar Faridi  |  

On June 22, 2022, PeerBerry’s business partner, renewable energy company Litelektra, “repaid a EUR 0.7 million loan to investors and paid EUR 35,685 in interest.” Currently, PeerBerry investors can “invest in another Litelektra wind farm project available on the PeerBerry platform with a 10% ROI.”… Read More

June 14, 2022 @ 8:09 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced a new Start Path initiative that has been designed for Ukrainian Fintech firms and entrepreneurs “to enable Ukrainian startups to accelerate growth and contribute to the rebuilding of the country’s economy.” The initiative – announced at Money 20/20 Europe in Amsterdam… Read More

June 6, 2022 @ 3:07 pm By Omar Faridi  |  

After “very positive” growth in April, in May, the volumes of funded loans on PeerBerry further “grew by 16%.” EUR 38,48 million of loans have been funded on PeerBerry last month. PeerBerry is a marketplace platform where investors can participate in short term, high interest… Read More

May 31, 2022 @ 12:17 pm By Omar Faridi  |  

Clear Junction has recently announced it is providing a range of cross-border payments services to NovaPay, the payment arm of one of the “major” retail logistics brands in Ukraine. The Nova Poshta group is a postal and courier company that “provides express delivery services for… Read More

May 17, 2022 @ 7:58 am By Omar Faridi  |  

Debitum reports that it is continuously monitoring the current situation with ChainFinance issued loans to the borrower in Ukraine. Recently, upon their request, Debitum have received “more detailed information about what is going on and what are the plans for the future regarding investments in… Read More

May 9, 2022 @ 6:47 pm By Omar Faridi  |  

Under the background of the Russian- Ukrainian War and sanctions in western countries, a global commodity crisis is “brewing” and the new global monetary system – Bretton Woods Ⅲ may be developing, said Zoltan Pozsar, an analyst at UBS. A recent report by Huobi Research… Read More