Often, investors make what I call a geographical fallacy: saying that they invest in a region, when, in reality, they mainly invest in just one or two countries in that region. I’ve certainly been guilty of this, describing Mouro Capital as investing in ‘Europe, North America and Latin America’, despite only investing in companies headquartered in the UK, Germany and Spain in Europe so far, and only Brazil and Mexico in Latin America. 

Consult Red, the technology R&D firm, has today announced it is becoming an employee-owned company. Consult Red works with the likes of Liberty Global, Comcast and AT&T to develop cutting-edge in-home entertainment technology and other connected secure IoT products.

According to RBI --- Cash in Circulation at a Decadal High even when Digital Payments have soared. 

Google Cloud and PayPal today announced they are deepening their relationship to further accelerate PayPal’s digital transformation and evolving customer needs. Under this expanded relationship, Google Cloud will provide both infrastructure and analytics capabilities to support PayPal’s growth, helping the company process transactional data at a massive scale.

Today Cytora announces that Karen Green has joined the company’s advisory board, where she will play a key role in driving Cytora’s growth as part of its mission to digitise commercial insurance risk.

Stephen Kelso, Head of Markets at ITI Capital comments:

FinecoBank, one of Europe’s leading fintech banks, reported record volumes from its UK client base this quarter. Fineco’s current accounts increased by around 50% in April 2021 compared to the end of 2020.

Five Degrees is delighted to announce Swishfund as its first customer on °neo, its new cloud native core banking platform. Fintech Swishfund was founded in 2016 and provides direct lending products to SME businesses in the Netherlands and the United Kingdom. Swishfund will migrate its existing customer base onto °neo, as it focusses on further expanding its business. 

Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that Sydney-based Morrison Securities, a major Australian stock brokerage firm, will deploy its Validus platform for trade surveillance in equities, equity options and warrants.