As of 1 August 2023, Commerzbank has spun off its Active Asset Management segment as a stand-alone company – Yellowfin Asset Management GmbH. The company is geared to institutional investors, corporate clients, and high-net-worth individuals with managed assets of at least €30 million.
 
As of now, Yellowfin will be one of Commerzbank’s three pillars in the field of asset management, alongside Commerzbank Vermögensverwaltung and Commerz Real.

Capex.com, the global, multi-asset FinTech provider, is delighted to announce the appointment of Paul Turner as the new Executive Director - UAE & MENA Region. With over a decade of experience in the financial services industry, Turner brings a wealth of expertise to lead and enhance Capex's operations across the Middle East. 

With retroactive effect from 1 January 2023, the shareholders of the international payment service provider (PSP), Computop, are selling 30% of the company shares to the Nexi Group, Milan. Up to now, the company was held by the founders, Frank Arnoldt and Ralf Gladis, with 50% each. The parties have agreed not to disclose the purchase price. The office locations, management team and management responsibilities of Computop remain unchanged.

A standard of excellence in financial services and fintech, the UF AWARDS return to Cyprus, home country of their organiser, Ultimate Fintech, for the Global edition. The UF AWARDS Global 2023 recognise the achievements and continuous contribution of the dominant pioneers of innovation in financial technology and online trading.

Ledgible, the leading digital asset tax, accounting, and data platform for enterprises and institutions, today announced a partnership with DigiShares, a white-label platform enabling compliant issuance, investor management, and peer-to-peer trading of tokenized

South Korean FinTech Finda, which operates as a prominent loan comparison platform in the nation, has successfully closed a $37m Series C funding round.

Finda has secured $37m in this funding round, with significant investment coming from JB Financial Group and 500 Global, according to a report from FinTech Futures.

Danske Bank UK has chosen to partner with LMS, the UK’s leading conveyancer and panel management specialist, as it looks to expand its services in Northern Ireland.  

Quant, the blockchain for finance pioneer, has secured a new patent, part of its ongoing mission to make distributed ledger technology simple, trusted and future-proof.

The patent, titled ‘Blockchain Communications and Ordering’, recognises that Quant has invented a unique method for chronologically ordering transactions from different blockchains.

Today CoinFund, a leading web3 investment firm, announces the appointment of experienced transactional attorney Dilveer Vahali as Head of Venture Legal. In his new role, Dilveer will drive CoinFund’s legal deal strategy and execution, and serve as a resource to CoinFund’s nearly 90 active web3 venture investments.

iDenfy, the Lithuania-based RegTech startup offering AI-powered identity verification and fraud prevention tools, announced partnering with Umazi, the UK-based global cross-industry due diligence platform for automating enterprise identity verification. With the implementation of iDenfy's KYC and KYB software, Umazi aims to elevate its due diligence processes to the highest standards possible within the SME market.