Unizon Fintech today announced the launch of a new platform to deal in unlisted shares in an effective and efficient way. The platform has digitalized a lot of manual processes which were done in a traditional way while dealing with unlisted shares.  Since in an unlisted market, there is no proper price mechanism and the shares are sold at different prices from different shareholders, Unizon’s platform shall show transparently the prices at which shares are traded in the market.

iFX EXPO Asia 2022 is scheduled for 13-15 September and will take place in Bangkok for the first time ever. The largest financial B2B EXPO will be held in the impressive Centara Grand & Bangkok Convention Centre at CentralWorld and will bring together thousands of top professionals from online trading, financial services and fintech industry from all over the world.

This iFX EXPO Edition’s Highlights

Chip, the saving and investing app on a mission to build wealth for our generation, has launched the Prize Savings Account - the first fintech to offer a savings account of this kind. The new easy-access account will give users the chance to win one Grand Prize of £10,000 as well as 250 smaller prizes of £10, each month.

TrueLayer, Europe’s leading open banking platform, today announces its collaboration with Bybit, the third most visited cryptocurrency exchange in the world with more than 10 million users.

The potential for fintech to completely disrupt the status quo in financial services has made it an attractive investment for VCs and investors. The UK’s fintech sector received over £7.6bn in funding this year, jumping ahead of 2021 levels despite the threat of recession. It’s a show of confidence in the industry’s long-term market position and a recognition that there’s more innovation to come.  

Alloy, the New York-based company behind an operating system that helps banks and fintechs make better identity and risk decisions, has raised $52 million at a $1.55 billion valuation.

Lightspeed Venture Partners and Avenir Growth led the funding with participation from Canapi Ventures, Bessemer Venture Partners, Avid Ventures, and Felicis Ventures.

BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card. The card is designed keeping in mind the purchase behaviour of shopping enthusiasts and will offer a host of attractive benefits and rewards.

NeoXam, a leading financial software company, has announced a senior leadership promotion, with Florent Fabre stepping into the position of Group Managing Director

With more than 20 years in the financial software industry, Florent has served as NeoXam Chief Operating Officer and member of the Executive Committee since April 2015.

Cornerstone FS, the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into an agreement to acquire the entire issued and to be issued share capital of Pangea FX Limited (“Pangea”), a specialist FX and treasury consultancy (the “Acquisition”). The total consideration payable for the Acquisition is up to £200,000 (dependent upon future performance), which is to be satisfied by cash and loan notes.

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that