“Fintech” is a term used to describe the technological innovations that oppose traditional financial practices. Although fintech has been rising in popularity for the last few years, its popularity was escalated by the COVID-19 pandemic. From online banking to mobile transactions, there are many ways that the fintech industry is changing the way that the world handles money.

ZebPay, India’s oldest and most widely-used Bitcoin and crypto asset exchange, at its quarterly board meeting announced its plan to launch a non-fungible token (NFT), becoming the first Indian company to do so. ZebPay’s NFT has been named ‘Dazzle’ (the name for a herd of zebras).

CrossTower, a digital asset exchange operator founded by capital markets veterans on a mission to mainstream digital asset investing and trading, today announced US $150 million traded on its platform since its launch in May, and a record US $60 million in volumes traded in October.  This makes CrossTower one of the fastest growing exchanges in the US based on the value of instruments traded. CrossTower’s platform has been methodically built for institutional and individual investors with best-in-class safeguards, services and technologically advanced capabilities.

A new study from Juniper Research has found that the total transaction value of smart home payments, payments that occur via smart home devices, will exceed $164 billion in 2025, from $22 billion in 2020.

Sweep, the expense and travel management platform for SMEs, is today launching a Seedrs fundraising campaign as it continues it’s to raise capital during a key stage of the business’ growth. The UK headquartered business aims to raise £200,000 and use The Future Fund to double this to £400,000.

Cypherium, the enterprise-focused blockchain platform facilitating interoperability between blockchains and Central Bank Digital Currencies (CBDCs), has shipped its mainnet.

Award-winning online CFD and FX broker IronFX conducts a huge global recruitment program to hire 200 employees after a 300% increase in forex accounts and the recently announced R&D center in Mumbai.

Ingram Micro, the world’s leading technology distributor, has unveiled a new addition to Ingram Micro Cloud’s UK Cloud Marketplace. Cloud solution SignTech, a paperless form solution, offers a fully integrated, private application server that instantly creates paperless workflows to streamline work processes and save valuable time.
 
The partnership directly supports SignTech’s plans to increase UK channel presence following on from great success in over 120 countries worldwide.
 

Omnio, the Banking as a Service platform FinTech, has announced that its credit union business KESHO has agreed a partnership with Credit Kudos, an FCA-authorised challenger credit reference agency and Open Banking Account Information Service Provider (AISP). Through Credit Kudos’ direct connections to the UK’s largest banks - via Open Banking - the company helps lenders, brokers, and financial institutions make better and faster credit decisions based on real-time, detailed data and insights.