Only one in six investors sufficiently understand the value and potential of cryptocurrency, reveals a survey conducted by Cardify. In addition, a third of buyers have either zero knowledge about the space or would call their level of understanding “emerging”.

Avaloq today announced that the investment advisor of its fintech investment fund is being spun off from the group by means of a management buyout. This change of ownership will not impact the fund’s strategic focus and Avaloq will maintain its long-term interests and involvement in Avaloq Ventures.

New resources enable use of EMV Payment Token data for EMV 3DS authentication to support improved consumer experience.

• Centtrip, the global fintech providing expense management and card payment technology, has launched its platform, app, and card in the United States.
• The fintech has partnered with Adyen to provide its U.S. offering.
• Designed for the demands of highly mobile businesses, the Centtrip card offers some of the highest spend limits on the market.

British Business Investments, a commercial subsidiary of the British Business Bank, today announces a new £15m commitment to Liberty Leasing, which will increase access to finance for UK smaller businesses in the construction, engineering, transport, agriculture, and printing sectors.

Leading French payments service provider (PSP) Lemonway has launched Pay By Bank in partnership with Tink, to bring open banking-powered payments to its customers across Europe.

By integrating Tink’s payment initiation services (PIS), Lemonway can enable merchants to offer a fast and secure digital payment method that improves the user experience. With Pay By Bank, end-users can connect to their bank account and authorise the transaction in a few simple steps.

Validis, the provider of open accounting data analytics, announces its latest partnership with Bank North, the newly accredited SME-focused digital bank.

Form3, the leading platform payment technology provider, has today announced its Series C investment funding of $160 million. The fundraising was led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) and included participation from existing investors. This brings the company’s total fundraising to $220million.

Form3 welcomes new shareholder Goldman Sachs alongside existing investors Lloyds Banking Group, Nationwide Building Society, Barclays, Mastercard, 83North and Draper Esprit.

YouHodler, a fintech platform that helps people access the benefits of the crypto economy, has announced the winners of their first Crypto Journey campaign. 

The winners of  Crypto Journey are: