Despite non-bankable assets (nBAs) accounting for around one third of global private wealth, they often come with high entry barriers for investors. However, this is forecast to change significantly over the next few years as innovative technologies and solutions allow financial institutions to value, hold and issue nBAs in the form of tokenized assets, alongside traditional ones such as stocks and bonds.

Objectway, a leader in the Digital Wealth & Asset Management software, was mentioned as a distinguished vendor in the February report Front-to-Middle office Platforms: North American Wealth Management Edition 2021 by Celent. 

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced the addition of document forgery detection solution Valida by Gradiant to its Marketplace platform. The latest fintech partner to join the company’s trade finance ecosystem platform is a key prevention tool in the fight against fraud. 

Spectrum Markets, the pan-European trading venue for securitised derivatives, announced it has now executed more than two million trades, representing a total volume of 585 million securitised derivatives traded. This major milestone comes less than 18 months after it first launched, with Spectrum’s 24/5 trading hours continuing to prove particularly popular. 

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today published a new paper that shows the serious problem of financial exclusion in the UK and how innovation in Fintech can allow people to access affordable credit. This comes at a time when over 10 million adults in the UK cannot access affordable credit, often because of low credit scores or badly designed credit products.

One of the recently crowned FinTech unicorns, Razorpay announced its third ESOP (Employee Stock Ownership Plan) Buyback program worth $10Mn (INR 73 Crore) for its 750 employees. All existing and former employees of Razorpay who hold vested stocks will be eligible to sell up to 33% of their vested ESOP shares. Sequoia Capital India and GIC, two of Razorpay’s key investors will be the buyers involved in this development.

Global FinTech Paysend today announced a strategic partnership with Mastercard starting in the UK and EEA, which will be mutually beneficial as it will boost Paysend’s global reach and enhance both businesses’ customer base. Paysend is proud to be acknowledged a global partner for Mastercard in the definition of a new horizon for money transactions worldwide.

 Atom bank is partnering with fintech Credit Kudos to further enhance its open data capabilities for business loan affordability assessments and deliver £1bn in lending over the next two years.

TrueLayer, the leading technology company building financial infrastructure that’s open to everyone today announced a new partnership with Wombat, the award-winning savings and investment platform. Using TrueLayer’s Payments API, Wombat is now providing its customers with the ability to instantly deposit funds into their investment accounts. After just one week of launch, 82% of Wombat’s one-off deposits are now being routed through TrueLayer.

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Citadele Bank, the second largest bank in Latvia by assets, will adopt the nCino Bank Operating System to help modernise its Corporate lending business i