SquaredFinancial, the fintech brokerage offering trading services through online and mobile platforms, has become the first company to offer its customers access to iQbyQi’s cutting edge analytics, backed by AI, Machine Learning and Data Science.

New partnership to bring personalised payment products to HNWI and UHNWI audiences

Positioned furthest for ‘completeness of vision’ in the Leaders’ quadrant

Temenos, the banking software company, today announced that industry analyst firm Gartner, Inc., recognized Temenos as a Leader for its ability to execute and its completeness of vision in the report ‘Magic Quadrant for Global Retail Core Banking’ (GRCB)*. Temenos achieved the furthest overall position for its completeness of vision based on the company’s market understanding, sales strategy, product strategy, vertical/industry strategy, geographic strategy and innovation.

Paga Group, a leading mobile payments and financial services company, is delighted to announce its partnership with the Bank of Abyssinia, and its receipt of regulatory approval from the National Bank of Ethiopia to launch its online payment gateway in Ethiopia.

Custonomy, an award-winning digital asset custody service firm, has completed a seed round of US$2 million. Crypto Asset Management Firm Babel Finance, prominent worldwide crypto financial services provider, led the seed funding round.

• £14bn was invested over the first three quarters of 2021, a 130% increase on the £6.1bn invested over the same quarters in 2020.
• Investment in the first three quarters of 2021 exceeded the £8.7bn invested in the whole of 2020, itself a record at the time.
• Clean tech investment reached £572m in Q1-Q3 across 147 deals, the latter already higher than for the whole of 2020.

PollenPay, the Manchester-based ‘Buy Now, Pay Later’ (BNPL) company has officially launched in the UK. The company’s mobile-based application is now available as a free download for all customers aged 18 or above, via Apple’s App Store.

Businesses should take action to review their due diligence and sanctions screening procedures to avoid falling foul of extensive new sanctions against Russia, according to an anti-money laundering expert.

The sanctions include restrictions against individuals, entities, and their subsidiaries, and the introduction of legislation to limit deposits held by Russian nationals in UK bank accounts to £50,000.

Crypto exchange giant Coinbase finished 2021 with a strong Q4 performance across its user-related metrics.

●      The additional funding extends Payhawk’s Series B round to $215m. This comes only three months after the first wave of Payhawk’s Series B, which was the second largest Series B for a B2B company in Central and Eastern Europe

●      The company has raised an additional $100m in a round led by Lightspeed Venture Partners at a valuation of $1bn. As a result, Payhawk becomes the first ever Bulgarian unicorn