Verofax Limited, an Asset Digitization and Traceability solutions provider, today announced closing a $1.5M pre-Series A round by international investors led by Benson Oak Ventures, with 500 Startups, Wami Capital and Vernalis Capital completing the group.

The inaugural edition of the World FinTech Summit digitally converged some of the prominent speakers in the FinTech Industry who discussed the growth of its FinTech sector in ways unparalleled to others across the world.

World FinTech Summit – KSA which took place on 6 December 2021, attracted some of the prominent voices in the FinTech space such as Ihab Hawari

 In one of the most challenging years for Bulgarian economy, Fibank successfully effected a private placement of the first tranche of its one-year program for the issuance of perpetual, non-cumulative, unsecured, deeply subordinated, freely transferable, non-convertible bonds t

The global bonds have been accepted for clearance through Clearstream Banking S.A. The issue will be listed on the Luxembourg Stock Exchange (regulated market).

Freedom Holdings, Inc. ("FHLD" or the "Company," OTC: FHLD) is pleased to announce that on December 30, 2021, it closed the acquisition of Carbon Zero Asset Management, Inc. ("Carbon-Zero" or "Target") for a stock-for-stock exchange. The Company will issue 311,672,730 par value $0.0001 of its common stock in exchange for one hundred percent (100%) equity interest in Carbon-Zero, which will become its wholly-owned subsidiary.

Bitcoin is likely to record its worst monthly performance since May, but you should “ignore the crypto deniers” if you want to seriously build your wealth for the long term, warns the CEO of a global financial giant.

The warning from Nigel Green of deVere Group comes amid a cryptocurrency slump that’s triggered the world’s largest digital asset to shed 17% during the last month of the year, putting it on track for its worst performance since May, when it lost 35%. Other cryptocurrenices have also fallen during this period.

The demolition and redevelopment of an outdated housing estate in north Coventry is underway following the completion of a £1 million investment by the West Midlands Combined Authority (WMCA).

Houses off Milverton Road on the Wood End estate are being knocked down in order to pave the way for developer Keepmoat Homes to build 94 high quality new homes on the 5.5 acre site, of which 20 will be available for social rent in partnership with Citizen Housing

Tinkoff Investments has become the first  Russian broker to offer a fully online service for gifting stock. 

Tinkoff customers can send a stock gift to another customer or to a person who has  no account with Tinkoff Investments. Eligible financial instruments include those that  are available to non-qualified investors who have not yet passed the Bank of  Russia’s mandatory test for trading complex financial instruments, including: 

● stocks; 

● bonds; and/or 

● shares of exchange-traded funds.  

Ankit Bhatnagar, Head of Product, Mswipe “ In the past one year, the sector has shown immense potential – be it strengthening digital payments infrastructure or technological advancements to an integration between the entire ecosystem. Digital payment infrastructure has seen the steepest adoption among SMEs during the last two years. As a result, small businesses now have an opportunity to go beyond digital payments and avail financial services like lending or embed financial products like BNPL at the checkout stage.

Almost a third (32%) of CEOs say that social purpose is at the forefront of their business strategy, according to ECI Partners’ new Growth Characteristics report. This may have been driven by the increased emphasis on social purpose that has emerged since the outbreak of the pandemic.