TransferGo, one of the world’s fastest growing money transfer companies, today showcases the strength and importance of digital remittances by hitting new milestones in total transactions and in cross-border payment flows. It has now recorded over £3billion in international money flows and over 10 million customer transactions, demonstrating both its resilience and value in keeping its global migrant customers connected with loved ones during a turbulent year. 

Remaining competitive in payments is the key to future relevance and profitability for incumbent banks.

Kennet Partners Limited (“Kennet”), a leading European technology growth equity investor focused on bootstrapped and capital efficient companies, has agreed to sell its stake in Dext (formerly ReceiptBank), the digital, multi-product platform for accountants and bookkeepers, to Hg, a leading global software and services investor. The sale will provide Kennet with a 4.4 times return on its investment. 

On April 21^st a new accelerator programme is being launched in the UK to help organisations around the world succeed in the new economy after lockdown in ways that are both good for people and good for the planet.

The Build Back Better Accelerator will support leaders of financial services organisations launch new and more sustainable products at a rapid pace, as well as investing in new start-ups and ideas independently.

Don Guo, CEO of Broctagon

Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Cloud9 Technologies (“Cloud9”), a leader in cloud-based communications, have partnered to deliver a full suite of voice trading capabilities to the institutional marketplace, providing users remote access to all trading floor connectivity and services.    

LexisNexis® Risk Solutions announced that it won four accolades at the 2021 Global Banking & Finance Awards®. The recognition came in the Business Technology category with LexisNexis Risk Solutions winning Best Anti-Fraud/Security Solutions Provider in the Asia Pacific, Latin America, United States and Western Europe regions.

The Global Banking & Finance Awards has spotlighted companies of all sizes across the financial industry for innovation, achievement, strategy and inspirational change since 2011.

ION, the largest global provider of trading, analytics, and risk management solutions for capital markets, commodities, and treasury management, announced that Marex, has chosen the ION Fidessa Equity Trading Platform to grow their European equity market making business. 

Marex is a leading broker, market maker and clearer in the world's financial and commodities markets. A market leader across the metals, energy and agricultural commodities markets, the firm is now looking to expand their equities offering in Europe. 

Global enterprise software firm R3’s Development Fund has reached the milestone of USD 10 million in capital deployed across over 30 investments in more than 20 of the most promising early-stage blockchain and confidential computing companies.

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today published a white paper examining how capital markets operations responded during the COVID-19 pandemic and where market participants are focused in a post-pandemic future.