Fintech RITMO has successfully closed a $200 million debt funding round led by i80 Group and Avellinia Capital, making it one of the largest funding rounds of any e-commerce finance business in Europe and Latin America (LATAM). 

Leading provider of cloud–based software and technology solutions Dye & Durham, has enhanced its poweredbypie/PSG ordering platform to offer Know Your Client (KYC), Anti Money Laundering (AML), Source-of-Funds (SoF) and ID Checks through a new integration with Thirdfort. The integration smooths the process for conveyancers to onboard new clients while helping to prevent fraud.

Innovators in banking are facing a huge dilemma. Implement high-value data use cases with success and stay ahead of the curve or watch neobanks and big tech slowly conquer their market. Increasingly strict data privacy legislation and the growing complexity of legacy data architectures put banks and financial situations in an even tighter spot. Banking has always been the trusted data repository of transactions and so the bar for protecting data is very high.

Esprow is a leading provider of testing and compliance automation solutions for the financial industry. The Esprow Enterprise Testing Platform (Esprow ETP) provides an integrated suite of applications to automate testing of multi-protocol financial systems (ETP Studio), on-boarding and certification of counterparties (ETP C-Box), native exchange and broker simulation (ETP Markets), and management of exchanges APIs and specifications (ETP S-Box).

Market-leading and award-winning specialist development finance lender Blend Network (“Blend”) has SECURED £120 million committed capital from a consortium of large family offices to significantly boost its lending capability and further support mid-size property developers in the UK.

The apparel industry is highly susceptible to major world events. In order to thrive, it needs to continuously adapt to market changes. The COVID-19 pandemic meant that brick-and-mortar stores suffered a decrease in visits and sales, while ecommerce sales flourished and even doubled. Every day was a holiday for fashion ecommerce entrepreneurs.

Fast-growing Nigerian fintech start-up unveils ‘Kippa Payments’, second proprietary in-app product within firm’s first year of trading

Kippa, the fast-growing fintech start-up offering digital business and financial management solutions for SMEs in Africa, today announces the launch of its second product, ‘Kippa Payments’, a digital payments solution enabling users to send and receive payments from customers and perform extended payments transactions automatically.

 In recent years, ESG investing has rapidly increased in importance in the Land of the  Rising Sun. Factors such as the implementation of the Stewardship and Corporate Governance Codes, targets  to achieve carbon neutrality by 2050, and the world’s largest pension fund GPIF increasingly allocating towards  ESG investments have all contributed to this megatrend. Nomura Asset Management (NAM) has always been  at the forefront of responsible investing, leading the trend by incorporating comprehensive ESG elements into  investment processes.

Babel Finance announced that it had completed a two-year Market-to-Market Cross Cryptocurrency Swap worth $50 million in Bitcoin and Ethereum.

Why is this transaction important to the global crypto market?

This two-year transaction demonstrates that crypto can be a long term play and that the crypto ecosystem is becoming mature. There is a rising market demand for long-end liquidity, indicating a healthy market structure and growing participant trust.

Wealth managers can offer clients fractional access to a full suite of private market assets, helping them gain a competitive advantage over platforms with only public market products

Wealth managers can now introduce more of their end-investors to the world of private investments through a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices can also take part in the space via a corporate service to diversify their portfolios through private market products.