Remitly Global, Inc. (“Remitly”), a leading digital financial services provider for immigrants and their families in over 170 countries around the world, today announced the successful completion of its previously announced acquisition of Rewire, an Israeli-based remittance and financial services platform for migrant workers, on January 5, 2023.

Securrency, a leading developer of institutional-grade, blockchain-based financial and regulatory technology, today announced that Nadine Chakar will join the company and assume the role of Chief Executive Officer effective January 9th, 2023. 

The full-stack ID verification, compliance, and fraud prevention startup, iDenfy, announced a new partnership with Pay with Suave, a financial payment technology platform offering its users buy now, pay later services. iDenfy’s verification solution will reduce fraudulent payment attempts while guaranteeing compliance with KYC and AML laws. 

Eagle Bitcoin ATM is excited to announce the launch of Australia's first Bitcoin ATM with Lightning capability. The new ATM has been installed at The Strand Shopping centre in Coolangatta and is now available for use by the public.

The Bitcoin ATM allows users to easily buy and sell Bitcoin using cash and is equipped with the latest technology including Bitcoin Lightning capability for faster, cheaper transactions on the Bitcoin network.

1. There will be agreement that the unregulated crypto experiment has failed

With the collapse of FTX, the ‘crypto winter’ and the breaking of Terra UST’s peg – 2022 has been a challenging year for the cryptocurrency sector. Consumers were attracted to this volatile asset class which offered steep returns compared to traditional markets. But the collapse that followed served as a potent reminder of why we have financial regulation in place to protect people.

In 2021, UK losses to authorised push payment (APP) scams reached £583.2 million. This 39 per cent year-on-year increase in losses shows how inventive and active scammers can be. FICO is hosting a round table on 8 February 2023 at The Shangri-La in The Shard, London, to discuss what can be done to tackle this threat to financial stability.

Adyen, the global financial technology platform of choice for leading businesses, today announces that it has partnered with Autocanteen, the touchless self-checkout solution which improves checkout efficiency for the hospitality industry.

Vestd has launched a new simplified version of its market-leading equity management platform to help startups, SMEs and investors organise, manage and track shareholders and ownership. 

This week Zopa Bank has crossed the £3 billion deposits milestone, while our customers have collectively opened 150,000 accounts to grow their savings faster in today’s challenging environment. 

Zopa’s ambition is to make the hundreds of billions in “zombie money” sitting idle in UK current accounts work harder. 

Fello, India’s first gamified savings platform, designed for the Gen-Zs and young millennials of India, has raised $4 million in their latest funding round led by US-based Courtside Ventures, with participation from, Entrepreneur First, Ycombinator, Kube Venture and Upsparks. Angel investors, Kunal Shah, Founder of Cred, Lalit Keshre, Co-founder of Groww, Charlie Songhurst, Dafeng and Alan Rutledge participated in this round.