Most startup funding trends come to the global market from the US and UK. The syndication investment model is no exception. Financial technology expert Sergey Kondratenko notes that in global practice, syndication investing is a strategy in which investors pool their resources to make a joint investment. Here, both venture capitalists and business angels can act as investors. Moreover, they can invest at different stages, and not simultaneously.
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spektr, a Copenhagen-based fintech company, has raised €5 million in a seed round led by Northzone, Seedcamp, and PreSeed Ventures, enabling them to introduce advanced automation to compliance teams worldwide.
VC Innovations, a leading marketing services agency with a global community of over 200,000 digital transformation leaders from across financial services, fintech, and a broad range of non-financial brands, has announced the launch of FTT Payments in London.
DKK Partners FZE, based in the Dubai World Trade Centre (DWTC), a subsidiary of DKK Partners, a leading FinTech company specializing in Emerging Markets (EM) and Foreign Exchange (FX) liquidity, has been granted Initial Approval by the Dubai Virtual Assets Regulatory Authority (VARA) to offer Virtual Asset Broker Dealer Services. DKK Partners FZE will continue to work towards acquiring a full Virtual Asset Service Provider Licence from VARA.
R3, the enterprise distributed ledger technology (DLT) and services firm, has appointed Bob Wigley, to its board as a Non-Executive Director.
Dyce Energy, a gas and electric provider for UK businesses, has announced today that it will be renewing its relationship with GoCardless, the bank payment company, for another three years. The new contract will see Dyce Energy continue a six-year relationship with GoCardless to collect recurring payments through Direct Debit.
Numeral, the payment technology provider, today announces the support of Swift payments, enabling companies and financial institutions to automate cross-border payments with their partner banks to more than 200 countries, in addition to local European SEPA as well as UK Bacs, FPS, and CHAPS payments, from a single platform.
Finastra has today announced UNITAS as a strategic partner for Finastra’s Kondor treasury solution in South Korea. The combination of Finastra’s best-of-breed trading system with UNITAS’s local expertise and deep experience in providing risk and compliance solutions to financial institutions will enable more banks in the country to digitally transform and grow their business.
Revolut has launched Robo-Advisor service in the EEA, to automate investing tailored to customer needs
The new product is advantageous for those who don't have the time to actively invest, or have limited or no trading experience