finnCap Group plc ("finnCap" or the “Company”), a leading adviser and broker to ambitious growth companies both public and private, is delighted to announce that it has successfully completed its fundraising with institutional and retail investors, raising £5 million (before expenses)(the “Placing”). This consists of £3.75 million of new money which will be used to partially fund the cash consideration for the Acquisition and £1.25 million on behalf of selling shareholders.

Camel Financial, a cross-border fintech company and the financial arm of DHgate, is now processing online payments in Latin America with EBANX, a global fintech company with Latin American DNA that offers local payment solutions from the region to international websites. This partnership enables DHgate, a global ecommerce giant that sells to 222 countries, to accept over 100 local payment methods from Brazil, Mexico, Argentina, Colombia, Chile, Peru, and Ecuador.

Financial IT interview with Glenn Shoosmith, CEO of BookingBug at MoneyLive 2018

250 participants attended Infrachain 18, the first blockchain conference focused on the public sector and infrastructure. Federal Councillor Ueli Maurer welcomed the conference attendees at Stade de Suisse in Bern, stating that: “Switzerland has a great hand of cards when it comes to the development and use cases of the blockchain technology.” To keep its pole position, six existing laws will be amended. The report by the Federal Council will be published in two weeks. 

Senior claims executives from leading insurance companies will participate in a live and free webinar hosted by Insurance Nexus, exploring whether AI can be the solution for efficient, hyper-personalized claims at scale.

It’s easy to look at the price action of Bitcoin and other cryptocurrencies over the course of 2018 and think that the whole thing has just blown up and the “fad” is over.

However, looking at the price alone is deceptive. A lot of the massive runup over the last half of 2017 was created by naïve retail investors jumping on what the media had painted as “the next big thing”. Many were badly burned as the same money poured out at the start of the year. Understandably, these investors need some time to heal before they start buying cryptocurrencies again.

Libra Internet Bank assessed Allevo’s FinTP-Connect solution, given the requirements of the revised Payment Services Directive – PSD2.

Travelex, the leading global foreign exchange and money transfer specialist, today released its study into attitudes towards cash and other payment technologies: Do we really want a cashless society?

It’s fair to say that the term Bitcoin is now prevalent across all walks of life, from the boardroom to the pub. But for something that’s awareness has skyrocketed in recent years, questions still remain as to its longevity and ultimate value. Is it, and cryptocurrencies in general, just a phase or does it have the legs to establish itself in society?

ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with the Lithuanian eMoney institution, SatchelPay. The partnership will see ONPEX provide SatchelPay with tailor-made banking and payment services it needs to boost SWIFT payment capabilities.