iDenfy, full-stack ID verification, fraud prevention and compliance startup, partnered with IboxPay, a Poland-based fintech and cash-in payment solution provider that recently moved from Ukraine. The company integrated iDenfy’s AML solution pack to ensure compliance and prevent fraud. 

THORChain, the non-custodial decentralized exchange (DEX) that opens access to native and cross-chain liquidity, has launched its single-sided staking capabilities, allowing community members to take advantage of decentralized finance (DeFi) while maintaining full ownership of their native Bitcoin (BTC) or other assets.

VizyPay, a leading payments processing fintech, today announces it ranked No.

Fintechs and banks have not always been the most comfortable of bedfellows, with the latter seeing the former as a digitally-powered threat to their business. 

This has created a ‘fear’ within banks that fintechs are out to beat them at their own game, as they service customers in a way that banks may not be able to, and fintechs also tend to be nimbler when developing new technology.

WeGift, the industry leader in digital payouts, today announced the closing of a £26 million Series B, furthering its mission to allow anyone to transfer any digital currency more freely across the globe. 

New investors included Element Ventures, which led the round, along with Clocktower Ventures and Volution Capital. Existing investors including CommerzVentures, AlbionVC and SAP increased their investments.

Spare, an open banking platform licensed by the Central Bank of Bahrain, has announced its partnership with Eazy Financial Services “EazyPay”, a leading Bahraini Payment Services Provider specializing in POS and online payment gateway acquiring solutions to embrace opportunities in Open Banking.

CellPoint Digital, the global leader in Payment Orchestration, today announces the appointment of a top-tier tech and market

Paul Burleton has joined fintech Delio as its Chief Operating Officer, making him the latest senior appointment at the company.

1.7 million people across the UK are borrowing from high-cost lenders in order to pay off existing debts*, according to research from a responsible lender, Creditspring.

A quarter of people (24%) who borrowed from high-cost lenders sought credit so they could repay other debts – prompting fears that millions of people in the UK are at high risk of falling into a debt spiral as interest and debt repayments pile up.