CryptoXpress (CX), offering one of the first consumer mobile solutions for easy, all-in-one access to crypto, banking and NFT services, today announced several new investors, launchpad, and marketing partnerships. These partners will be contributing various combinations of expertise, investment, investor relations, marketing, and access to their launchpads and communities. This comes as part of the private investment round which will support the company’s public $XPRESS token sale/initial DEX offering (IDO) and the upcoming mobile app launch.

Tradeteq and XDC Network partnership brings together industry participants to facilitate the adoption of non-fungible tokens (NFT) for real world decentralised finance (DeFi) in the global trade finance market

• Year-on-year demand from restaurants for merchant cash advances up 30%

• Pubs and bars taking advances has increased by 37.5% over the last 12 months

Recognise Bank has selected Newcastle Strategic Solutions to provide its savings account management services.

One of the UK’s newest SME banks, Recognise Bank recently launched its first personal savings accounts which included fixed rate and notice products.

Cornerstone FS plc, the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that it has expanded into the Middle East with the opening of an office in Dubai. The new office will be led by Robert O’Brien who has joined Cornerstone, as General Manager APAC and Middle East. Mr O’Brien was previously at Vorto Trading Ltd (“Vorto”), where he was the largest revenue generator and built a business line based on inward investment into the UK from Asian clients.

• Sonovate named Fintech Awards Wales' ‘Fintech Company of the Year’ at 2021 ceremony in Cardiff.
• The award comes during Sonovate's busiest ever year and amidst major recruitment drive to triple size of tech team.
• Sonovate was also recently tipped to become first fintech ‘unicorn’ in Wales.

Sonovate was revealed as ‘Fintech Company of the Year’ at the Fintech Award Wales at the Tramshed Cardiff, attended by Wales’ leading innovators and digital experts.

Answers by Daniel O’Neill, Director Managed Detection and Response Security Operations at Bitdefender

Q: Who are FIN8, what is Sardonic and what did Bitdefender research uncover?

• Crypto trading: Volumes account for over 10% of US equity trading with 56m active crypto traders around the world 
• Funding: Twitch, Google’s Fitbit and Kayak founders among other investors to join the $2.2m funding round as Coinrule monthly revenues hit 43% month-on-month growth in 2021 as more crypto investors get proactive 

Worldline, the European leader in the payments and transactional services industry, today introduces WL Account-Based Payments, an account-to-account (A2A) payment offering allowing online businesses to launch their own custom-branded payment method. Worldline’s solution is built with open banking technology which allows third parties to access consumer banking information previously controlled by banks. The payment methods will feature custom branding, instant settlement notification, low fees, comprehensive coverage and more.

Crypto financial services firm Blofin has raised US$12 million in a series A2 round of financing, led by KuCoin Eco Fund, followed by Matrix Partners, Lingfeng Capital and Fenbushi Capital. In March of this year, Blofin finished a US$10 million A+ round of financing led by SIG and Matrix Partners.