Global fintech company Paysend has partnered with Pakistan’s JS Bank to support the launch a new payment solution for freelancers. The ‘Freelance Wallet’ will enable freelancers in Pakistan, estimated at 1.15 million in number and earning in excess of $1 billion per year, to be paid on time and in full.

The JS Bank Freelance Wallet is an app-based solution to which payment can be sent using just a mobile number. The absence of relevant payment services in Pakistan has created much demand for a service such as this among freelancers.

THETA, the specialist provider of buy-side trading technology as a service, has appointed Peter Meddemmen as its Chief Technology Officer. 

Industry leading technologist, Peter has more than 30 years of experience in Capital Markets managing technology for multi-asset solutions across the full order-execution life cycle, including front to back workflows, risk, security, legal and regulatory framework.

In times of economic uncertainty, investors search for a fallback-strategy enabling them to securely diversify their portfolios. Investors’ requirements are demanding as their investments should both withstand tumultuous markets and, at the same time, maintain an adequate return. New York-based Asset Manager Direxion tackles this compromise by issuing a Swiss-army knife index strategy, which utilizes three lowcorrelating asset classes covering utility stocks, U.S. Treasury bonds, and commodities, to achieve an optimal asset allocation depending on market movements.

Saxo Markets UK Ltd., the UK subsidiary of Saxo Bank A/S, today announces the appointment of Charlie White-Thomson as new non-executive Chairman of its Board of Directors.

White-Thomson has served as a non-executive director on the Board of Directors of Saxo Markets UK since 2019 and brings more than 20 years of experience in financial services. Having worked in several senior management positions, he has an extensive track-record of navigating changing markets with a focus on scaling business models while continuously focusing on improving the client experience.

London-based institutional custody and prime brokerage firm, Copper.co, today announces its integration with OTC liquidity provider, DV Chain. The integration will allow Copper’s institutional clients instant and secure access to DV Chain’s liquidity through its prime brokerage infrastructure - so they may make trades through the Copper platform.

Copper’s Walled Garden and prime brokerage infrastructure now covers 96% of global crypto liquidity and is seeing over £500 million in transactions each month – with that figure growing steadily.

Dot, offline-to-online (O2O) commerce and fintech platform founded by entrepreneur and PayU India’s ex co-founder Shailaz Nag today announced that it has raised an initial seed funding of around US$8 million. PayU, the payments and fintech business of Prosus, and Fosun RZ Capital led the seed funding round, which also saw participation from Info Edge Ventures and other well-known angel investors in the country.

Global fintech leader Airwallex today announced the launch of the Airwallex Borderless Card for businesses, in partnership with Visa, the world’s leading digital payment technology company.

India FinTech Festival (IFF) 2020, India’s first homegrown global platform to drive Fintech innovation in the country has opened applications for its marquee show ‘FInD the next Unicorn’, giving a chance to Indian consumer fintech startups to spot raise pre Series A up to $1M.

Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $35.5 billion in January 2020. This represents an increase of 2.3% compared to January 2019.