Assure Hedge has as its mission to bring hedging to everyone, working with a broad range of distribution partners to close the massive currency protection gap that exists today. Research shows* that while 80% of large companies with currency risks hedge their currency exposure, 80% of SMEs do not – and still fewer individuals. As result, millions of people face unmitigated risk to their businesses and their livelihoods; a risk estimated to be over $100 billion annually**.
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Nium, the global platform for modern money movement, today announced a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. Socash brings together financial institutions and digital commerce merchants into a thriving network that allows consumers to deposit, withdraw, and make payments with cash from more than 30,000 local shops, cafes, and grocery stores.
The National Institutional Facilitation Technologies (NIFT) of Pakistan and M10 Networks today announce a partnership aimed at facilitating digital B2B payments within Pakistan and enabling low-cost, secure, and instant cross-border transfers.
Monspire, the London fintech helping small businesses predict cashflow needs in the aftermath of the Covid-19 pandemic, has raised a £600,000 funding round led by Fuel Ventures.
The cash boost will enable Monspire, founded by serial tech entrepreneurs Simon Draper and Ben Gillen, launch to market and rapidly onboard new businesses. The entrepreneurs are aiming to make Monspire the global cashflow management platform for small businesses, empowering small business owners to grow their businesses with confidence.
Intigriti, Europe’s leading bug bounty and vulnerability disclosure platform has raised €21,133,700 million in a Series B round, closing the largest funding for a crowdsourced security platform in Europe to date. The round was led by Octopus Ventures, one of Europe’s largest and most active early-stage investors.
MDOTM, the European leader in AI-driven investment strategies, will advise on Artificial Intelligence within the $5.5M research program funded by MISTRA – the government-backed Swedish foundation for strategic environmental research – as an industrial partner of the BIOPATH consortium hosted by Lund University. MDOTM will bring its AI expertise to map, evaluate, and co-develop new approaches to integrate biodiversity into financial decision-making.
South korean blockchain investment firm Hashed, a core backer in the web3 space who have raised over $320M in the past 12 months, have led the way in investing in Apeiron, the hottest new blockchain game on the market. Developed by Foonie Magus, the game has now raised over 17M USD at the close of their seed round for the new play-and-earn NFT god game Apeiron. The company received 3M from preseed investment, 10M from seed investment, and 4.5M from NFT sales, putting them over 17.5M in total.
FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payments processor announced that Equicom Savings Bank (EqB) - one of the leading banks in the Philippines has successfully deployed FSS Secure3D, an intelligent payment authentication solution which can identify higher risk transactions, to provide cardholders an added security layer for online payments and red
As the world enters a pivotal period in the fight against climate change and the biodiversity crisis, UK consumers are gearing up to play their part. New research reveals that two-thirds (65%) of Brits are now more conscious about how their consumption patterns affect the environment, compared to two years ago. During that time, 67% of people pared back their use of plastic bags, 45% reduced their energy consumption, and 34% ate less meat.
The world's first cryptocurrency––bitcoin––has been around for more than a decade. In 2015, Ethereum entered the blockchain innovation scene as the first smart contract platform. Over the years, both cryptocurrencies have gained widespread recognition and support. The main reasons were its novel premise for true decentralisation and corruption-proof technology—contributing to the rise of individual financial sovereignty unattainable before. Exhilarating adoption is also true for the trading community.