• A quarter of BNPL users are concerned about their ability to repay their BNPL bills
• Over a third chose to pay with BNPL due to insufficient funds in their current or savings account
• Nearly a fifth of 18–34-year-old BNPL users have had their credit score impacted due to missed BNPL payments
• The average BNPL user is paying off £293 in BNPL loans, and almost half have had loans from different BNPL providers at the same time

Geopolitical issues, including the heightening Ukraine-Russia tensions, will drive Bitcoin’s increasing mass adoption and higher values this year – despite a 5% drop in the last 24 hours.

The prediction from Nigel Green of deVere Group, the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations, comes as more than 100,000 Russian troops mass on the border with Ukraine and global leaders try diplomatic efforts to avoid war between the two countries.

Please tell us about SEON. What does the company do?

SEON is using Artificial Intelligence (AI) to redefine what it means to fight online fraud. Since starting in 2017, we have developed our solution into a revolutionary AI fraud prevention platform. 

~70% of all eligible former and current employees liquidated their ESOPs~

~The soonicorn offered employees ESOP at different stages of their tenure with the company~

B2B e-commerce and supply chain enablement platform Bizongo has announced the completion of its first Employee Stock Ownership Plan (ESOP) monetization program worth $3.7 million. While 102 of Bizongo’s former and current employees were eligible for the buyback, only 70% of employees opted to liquidate ESOPs from the pool worth $4.8 million.

In 2022 PayRetailers will continue as an Official Sponsor of CONMEBOL Sudamericana for the second consecutive year. The partnership reaffirms the innovative PSP platform’s presence in Latin America, consolidating its leadership in cross-border payment processing in the region.

Solid infrastructure in Latin America

Google LLC today announced that it has signed a definitive agreement to acquire Mandiant, Inc., a leader in dynamic cyber defense and response, for $23.00 per share, in an all-cash transaction valued at approximately $5.4 billion, inclusive of Mandiant’s net cash. Upon the close of the acquisition, Mandiant will join Google Cloud.

Summary: It was all happening overnight in the FX markets after the US Headline CPI in January rose at an annual rate of 7.5%, beating economist’s forecasts at 7.3%. The year-on-year pace of US inflation was the highest in nearly 40 years. Annual core Inflation rate rose to 6.0% for the month, up from a previous 5.5%, and higher than estimates at 5.9%. The benchmark US 10-year treasury bond yield soared to 2.04%, up 10 basis points from 1.94% yesterday. Two-year US bond rates rocketed up a whopping 25 basis points to 1.61% from 1.36%, its highest level since December 2019.

GHD, the leading professional services company, has partnered with Silta Finance to help develop Silta’s collateral bridge between infrastructure developers and decentralised finance (DeFi) by experimenting with the technology solution and providing feedback and improvement suggestions. 

- Real-time market data sharing for Energy trading desk

- Expands to Metals trading desk