US Bond Yields, Dollar Soar, Euro Tumbles, Aussie, Kiwi Drop
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• Paysme launches £1 million funding round on Globacap platform • Paysme is a single platform that delivers FinTech services such as mobile payments, e commerce, digital banking, accounting, lending and insurance via a Super App • Paysme is designed to support the UK’s six million underserved SME companies
Commenting on better-than-expected US nonfarm payrolls and increased likelihood of Fed tapering, Caleb Thibodeau, Associate at Validus Risk Management, said: “In the last Fed meeting, we heard Powell brushing off labor market sluggishness, indicating the employment recovery was on a strong, very robust path that will catch-up to inflation – this was definitely the feeling from today’s change in nonfarm payrolls and drop in the unemployment rate.
New research from Okta finds that the remote work economy has accelerated a Zero Trust culture, but the majority of companies are still relying on passwords
Paya Holdings Inc., a leading provider of integrated payment and commerce solutions, today reported financial results for its second quarter ended June 30, 2021.
RING certified as SEC 17a-4(f) compliant
Tallinn based fintech startup Income has launched a seed funding round by signing lead investor Tolaram Fintech, part of Tolaram, a Singapore-based enterprise with investments in consumer products, fintech, and infrastructure and over USD 1.2 billion in annual revenues.
MiFinity, the global payment provider, today has announced the roll out of Bitcoin, BitCoin Cash, Ethereum, Ripple and Litecoin as additional funding and withdrawal options within the MiFinity platform. The solution is powered by Cryptopay, a 3rd party cryptocurrency payment service provider that enables Bitcoin, BitCoin Cash, Ethereum, Ripple and Litecoin holders to convert cryptocurrencies real time into Fiat currency. The equivalent Fiat or cash amount is then credited to the users eWallet.
Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, today announces that Sam Percival has joined as Business Development Manager for London and the South East. The appointment comes at a crucial time as SMEs show increased demand for finance following the removal of Covid-19 lockdown restrictions.
NET PROFIT OF 14.9 MILLION EURO IN THE SECOND QUARTER OF 2021 (+18% OVER 1Q21)
TAKING THE NET RESULT FOR THE HALF-YEAR TO 27.4 MILLION (+85% VS. 1H20)