OpenFin, the operating system (OS) of finance, announced today that HSBC has joined its Series C financing round, bringing the total amount raised in this round to $22 million and total funding to date to $45 million.

OpenFin will use the latest round of financing to expand its product offering into Asian markets and to fund new product initiatives. Now used at more than 1,500 banks and buy-side firms across nearly 200,000 desktops in 60+ countries, OpenFin’s web-based operating system has become a de facto standard in capital markets.

Andigo Credit Union is proud to be able to donate $5,000 to Clearbrook, a nonprofit organization that creates innovative opportunities, services and supports for more than 8,000 people with intellectual/developmental disabilities each year. Andigo selected Clearbrook to receive this charitable donation in a show of support for its programs and services.

Today, Swiss Bankers launched its new money transfer service “Send” leveraging the Mastercard Send™ platform. In collaboration with Mastercard, the Swiss prepaid card issuer is now offering consumers the ability to make secure international payment transfers via an app, to 18 countries. People will be able to receive their money to bank accounts, digital wallets, eligible Mastercard cards, and soon, cash pick-up points.

CoinCorner’s CEO, Danny Scott, commented:  

“It’s been announced today that Coinfloor is delisting its Ethereum (ETH) and Bitcoin Cash (BCH) options, in favour of providing “Bitcoin only” services next year. 

This is a positive development for the Bitcoin industry as it highlights the lack of demand for altcoins when compared to Bitcoin, reinforcing Bitcoin’s dominance. If the resource and cost expended on maintaining the altcoins doesn’t equal the revenue, then it makes complete business sense to delist.

Bruc Bond, (formerly Moneta International), a leading business banking firm, has strengthened its leadership team in its new Singapore office with the appointment of two C- suite executives, as the fintech continues to expand.

Krishna Subramanyan has joined as Chief Executive Officer of Bruc Bond Pte Ltd, where he is heading up the newly opened Singapore office, based in the heart of the thriving financial district.

Nordea Bank Abp has decided to adjust its organisational set-up to support the three priorities announced earlier in the autumn – drive income growth initiatives, create great customer experiences and optimise operational efficiency. Nordea is also appointing Sara Mella as Head of Personal Banking, Christina Gadeberg as Head of Group People and Erik Ekman as Head of Group Business Support.

Odgers Berndtson, a leading global executive search firm, has added Google and Sage as lead partners on Rebus, an industry-wide mentoring initiative to fast-track senior women across the UK technology sector.

Mentors from more than 50 leading UK technology companies have so far pledged support, including Vodafone, TalkTalk, ARM Holdings, NVIDIA, SAP and Blackberry. Rebus was launched in October with founding partners Odgers Berndtson, Avanade and BT, and already has over 60 mentors for events in 2020.

 VibePay, the social payment app, today announces it is available for download from both the iOS and Android app stores, although access remains exclusive at this time.  Following its closed beta launch in September, to which only the dedicated Vibe Community were invited, just over 12,000 people have signed up to a waiting list to gain access to the VibePay app. 

Odoo, a leader in open-source all-in-one business software, announced today that it has closed a $90 million minority investment led by global growth equity investor Summit Partners, with participation from Odoo’s executive management team and existing investor SRIW and its affiliate Noshaq. New investor Summit Partners joins management and current shareholders, including SRIW, Sofinnova and XAnge in supporting Odoo’s rapid product development pace and continued global expansion.

When digital trading platforms started gaining in prominence and market share, many people believed that brick-and-mortar companies were doomed. That the future belonged solely to digital trade. As with most predictions, the reality was far more complicated and lay somewhere in the middle.

The establishment of giants like Amazon, Alibaba and some smaller platforms has paved a major highway for digital trade, but the future held something more than just a single global warehouse connected to an online store. The future was hybrid.

Marketplaces in the B2B market