By distributing profits from transaction fees, Kinesis provides a genuine low-risk alternative to investors at a time of uncertainty and heightened risk among traditional investments 

Today, Kinesis Money, the monetary system based on 1:1 allocated gold and silver, launches its Holder’s Yield, whereby a portion of the yield pool, currently valued at $17.5 million, will be distributed every month to people who hold gold and silver with Kinesis. 

South Florida fintech startup sees tremendous growth, gets selected as one of only 20 growth-stage Venture Atlanta 2021 presenting companies

Xendoo, a Greater Miami Region-based fintech startup delivering intelligent automation in the online and bookkeeping space for small business owners around the world, announced today that Kristen Reineke and Andrew Bennett have joined as Director of Partnerships and Director of Operations, respectively.

Mandar Agashe, Founder, Vice-Chairman and MD, Sarvatra Technologies

Round led by leading fintech investor Quona Capital

Since the beginning of the year, more than 170 thousand individuals have submitted applications through the Digital Profile service on the Public Services Portal for consumer loans and for Halva  instalment cards through Sovcombank. Today, the Bank receives nearly a quarter of its online loan applications through the Digital Profile service on the Public Services Portal, and that number is  constantly growing.  

ComplyAdvantage, a global data technology company transforming financial crime detection, today announced that Hampshire Trust Bank (HTB),  a specialist bank, focused on lending to UK businesses has selected the company’s award-winning anti-money laundering (AML) suite of solutions including Customer Screening and Onboarding, Adverse Information & Media, Transaction Monitoring and Transaction Screening.

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been selected by The Multi Commodity Exchange India Ltd (MCX), India’s largest commodity exchange, as the technology solution provider for its growth and transformation journey. As part of Project Udaan, TCS will help MCX build a new technology core, transforming its trading as well as post-trade functions, to support its future growth and further strengthen its leadership position in the commodity derivatives market in India.

The industry leading payment orchestration platform, IXOPAY, has partnered with acquirer and payment processor MultiSafepay, pioneers in the online check-out experience.

This new partnership will see IXOPAY and MultiSafepay provide clients with a payment solution that enables them to connect to the most relevant payment methods for the markets they sell in. Clients can create optimal checkout experiences that meet their customers’ demand across all platforms. 

finnCap Cavendish (“Cavendish”), part of financial advisory firm finnCap Group plc, is pleased to announce it has advised on the sale of Sentenial Group and its open banking brand Nuapay, a leading end-to-end payments platform specialised in account-2-account transactions, to EML Payments, an Australian-listed payments technology company for €108 million.

The award-winning global payments processor sets up regional hub to promote its innovative offering throughout MENA, led by ex-Majid Al Futtaim payments expert, Arnav Rath, as Head of Region