Tru Technologies (Tru), a B2B fintech company focusing on providing securities lending automation services, has partnered with global business information provider IHS Markit to improve the manual securities lending process and reduce the potential for naked short selling in Korea. As part of this effort, Tru announced today that it launched a commercial version of TruWeb equipped with securities lending data from IHS Markit, making it the first company in Korea to introduce systematic securities lending.

The Financial Data Exchange is celebrating its milestone two-year-old anniversary this week after launching in the Fall of 2018 with a goal of unifying the entire financial industry around a secure, common, interoperable and royalty-free standard for user-permissioned data sharing.

“Our work has really just begun, but never in my wildest dreams did I think that FDX would grow this fast and accomplish this much in just two years,” said FDX Managing Director Don Cardinal.

VoxSmart, the global leader in Communications Surveillance has selected two markets experts to create a new Markets division. Andrew Stone and Lloyd Jensen will help VoxSmart further strengthen their products and services for Financial Markets participants.

COVID-19 has had a catastrophic impact on most industries across the world but if there’s one sector that arguably flourished it’s the financial tech (fintech) sector. With the world turning its attention to the online world as social distancing became the ‘new normal’ and various global lockdowns were announced, fintech took the reins from the ‘old school’ banking world and took some bold steps into the light.

To remain relevant and competitive in a disrupted and increasingly changing marketplace, the financial services industry has little choice but to capitalise on the potential of innovative technologies.

Private equity firm Grafton Capital has invested £7 million into Third Financial, the fast growing, innovative investment platform and software provider.

New research from Tech Nation and Dealroom reveals that investment into UK impact startups increased 9.5x between 2014 and 2019. UK impact startups have raised €1.4B so far in 2020 with Cleantech and Climate tech companies raising the most capital of all UK impact startups. 

Singapore-based peer-to-peer (P2P) investment network SeedIn today announced its rebranding to BRDGE.

Funding Options, the leading marketplace for business finance, and fast-growing ‘rebels of accountancy’ Cooper Parry have joined forces to provide financial solutions for ambitious scale-ups and SMEs. 

Sharing a vision to make access to growth funding fast and as frictionless as possible, the strategic relationship will see Cooper Parry utilise Funding Options’ platform to source debt-based products for clients in need of working capital.