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 3^rd 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) 

ING announced today that it will redeem two series of outstanding perpetual securities: the €750 million ING Perpetual Securities II (NL0000113587) and the €1 billion ING Perpetual Securities III (NL0000116127), both on the optional redemption date of 30 September 2021.

2Q2021 result before tax of €2,065 million; capital position strengthens to 15.7%

• Growth in fee income of 18.3% year-on-year, especially in daily banking and investment products. Net interest incomedeclined due to liability margin pressure.

• Net release of risk costs following an update of macroeconomic indicators. Expenses remained under control.

• Shareholder distribution of €3,618 million after 30 September 2021. More customers choose ING as their primary bank; lending decreases

• Primary customer base rose by 281,000 in 2Q2021 to 14.0 million.

Quaesitum means “the true value of a quantity based on measurement.” Evidence shows the way forward… or so the theory goes. But good empirical data doesn’t create miracles. Decisions are often based on emotion, judgement, and experience; empirical data lights the way, like a flashlight in the woods.

Payoneer Global Inc., the commerce technology company powering payments and growth for the new global economy, today announced the appointment of Robert Clarkson to a new leadership role as Chief Revenue Officer.