eCredits, a decentralised, blockchain-based ecosystem empowering local businesses and democratising the way everyday transactions take place, today launched eVault, a new feature that enables eCredits users to earn rewards for committing their eCredits (ECS) on the network for a fixed period of one year on Monday 6 February 2023.

Conotoxia, a global fintech from Poland, introduces a novelty in terms of its multi-currency lending services. Customers can now apply for up to 5,000 PLN or the equivalent amount in euros, dollars, pounds or francs and repay the liability in 12 instalments.

The Fintech & Payments Advisory Network (TFPA), an international consultancy launched by proven fintech veterans, welcomes three new associate partners to its collective, deepening the real-world experience and geographical expertise that its clients can leverage for their business growth.

Global payment leader BPC today announced the appointment of Furrukh Ali Baig as Managing Director for Pakistan. 

Digital bank Zopa has raised £75 million ($93m) to drive its next phase of growth, supporting its vision to become Britain’s best bank.

The deal cements and markedly enhances Zopa bank’s Unicorn status and was led by existing investors.

The funding will be used to meet the capital requirements of Zopa bank’s growing balance sheet, and to support M&A dealmaking that could kick off as early as this quarter.

Freedom Finance, one of the UK’s leading digital marketplaces, is delighted to announce that it has extended its relationship with Koyo – a key partner already providing loans through Freedom Finance’s panel.

From today, customers declined for loans from Koyo will automatically be able to connect to Freedom Finance’s proprietary matching marketplace. 

The banking industry is facing ongoing transformation pressures: increased customer demands, more regulation, and shrinking margins are increasing costs and competitive pressures for many banks. These developments come at an inopportune time: extensive product portfolios, error-prone manual processes, and a frequently outdated IT architecture not only drive up operating costs but also significantly limit the ability of many banks to act and change. Therefore, they have to adapt their business and operating models to constantly changing circumstances.

Today, Coda Payments (“Coda”), the leading provider of cross-border payments and distribution solutions to publishers of digital content, announced the appointment of Shane Happach as Chief Executive Officer.

Pow.re Holdings Limited, a high-density computing ("HDC") proof-of-work digital mining and fintech enterprise, has closed a US$9.2 million Series-A funding round at a US$150 million post-money valuation. Haru United Pte Ltd.