Freedom Finance, one of the UK’s leading digital lending marketplaces, is delighted to announce that Emma Steeley will be joining the company as CEO, starting from today.

After raising $120 million in a Series C fundraising round led by Dai-ichi Life Insurance Company, the UK-based insurance company YuLife is poised for global expansion.

YuLife's life insurance product allows policyholders to do ordinary wellness activities to earn YuCoin, which they can use to purchase gifts for themselves, friends, and family, or to better the world by planting trees and donating to charity.

Fintech Week London (FTWL), a community that highlights and celebrates London's innovative fintech scene, has launched an investigation into fintech valuations and funding.

Despite record levels of investment into fintech companies in 2021, analysis has revealed a sharp decline in 2022 with firms struggling to raise fresh funds, and growing reports of falling valuations, fire sales, staff layoffs and recruitment freezes across the industry.

An Interview with Toh Su Mei, CEO, ANEXT Bank

Financial IT: Tell us more about ANEXT Bank and its mission.

Global loss figures published by ORX, the world’s largest operational risk association, reveal a decline in total gross loss across the banking community. This is despite the challenging environment created by both external threats, including geopolitics, cyber risk, the economy, and internal developments, particularly as the industry moves to digitalise.    

In 2021, 85,585 operational risk loss events were submitted totalling €20.3bn in the gross loss. 

AQRU plc, an incubator specialising in decentralised finance (DeFi),  announces today that its wholly-owned subsidiary, Accru Finance Ltd., has launched AQRU  Trend, a high-return cryptocurrency investment strategy designed to enable retail investors to diversify, capture market upside, limit market downside, and access the competitive returns available in the cryptocurrency market. 

Banking Circle, the tech-first Payments Bank, is shifting the dial in the virtual assets market with a ground-breaking new service for Banks and Payments businesses. By adding USDC stablecoins to its payment rails for payment acceptance, processing and settlement, Banking Circle is delivering an easy-to-implement solution that cuts out the need for significant IT or financial investment for businesses that want to get into the web3 market. It is a key step in democratising global finance.

Phundex provides a digital solution to finding innovative ideas, digitally facilitating the investment due diligence process, and then administers and reports on management, investors, and regulators' investments. With the current processes required to find, make and manage informed investments being hugely inefficient, finding first-to-market opportunities, ensuring data integrity, effective communication, and getting the mundane tasks of reporting right are all common pain points:

UAB Walletto financial services provider officially registered in Lithuania, which also has the status of a Principal member of the Visa and Mastercard as an Issuer and an Acquirer, continues to develop a wide range of advanced programs to issue and acquire payment cards.