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AMTD Digital Hits $310B Valuation

AMTD Digital (HKD) listed on NYSE is a Hong Kong-based company that has taken Wall Street by storm. Since the day the stock of HKD was listed, the stock price had skyrocketed by over 14000% to close at $1679! The IPO price of HKD was $7.8 and in less than a month of trading, the HKD stock has seen an intra-day high of $2555 rising from the lows of $12 on the listing date.

Friday, August 5, 2022 - 10:51
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/news/fintech-startups/amtd-digital-hits-310b-valuation
Financial IT
Recognise Bank Appoints Jean Murphy as CEO

Digital SME banking startup Recognise Bank has appointed Jean Murphy, a former senior banker at Credit Suisse, JPMorgan and Goldman Sachs, as CEO.

Alongside her background in banking, Murphy has spent the past seven years running her own wealth management startup, FSG.

Friday, August 5, 2022 - 10:33
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/news/people-moves/recognise-bank-appoints-jean-murphy-ceo
Financial IT
Digital Investment Platform Stackwell Closes $3.5M Round

Stackwell, the digital investment platform created to eliminate the racial wealth gap, announced the successful closing of a $3.5 million seed funding round that will accelerate the company’s launch plan, allowing it to rapidly reach key product development and go-to-market milestones, as well as support the hiring of key personnel. The funding round was led by Michael Gordon, President of Fenway Sports Group, Jeremy Sclar, CEO and Chairman of WS Development and The Kraft Group.

Friday, August 5, 2022 - 10:29
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/news/fundraising-news/digital-investment-platform-stackwell-closes-35m-round
Financial IT
BlackRock Teams Up With Coinbase in Crypto Market Expansion

Over the past few years, Coinbase has played a central role in developing and strengthening crypto markets as the safest, most trusted bridge to the crypto economy.

Friday, August 5, 2022 - 10:20
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/news/cryptocurrencies/blackrock-teams-coinbase-crypto-market-expansion
Financial IT
The Future of Insurance Europe 2022 Aims to Facilitate Meaningful Change Through Discussion, Networking and Thought-leadership from the Most Senior Industry Experts

Reuters Events is connecting more than 40 Insurance leaders and 350+ industry representatives this October to investigate how the sector can continue to deliver value through uncertainty.  

Thursday, August 4, 2022 - 16:10
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/news/insurtech/future-insurance-europe-2022-aims-facilitate-meaningful-change-through-discussion
Financial IT
Accelerated Payments Appoints Dermot Nutley as Chief Operating Officer

SME funding provider Accelerated Payments announced today that it has made another strategic appointment with Dermot Nutley stepping into the role of Chief Operating Officer. 

Thursday, August 4, 2022 - 15:59
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/news/people-moves/accelerated-payments-appoints-dermot-nutley-chief-operating-officer
Financial IT
Detected Appoints Fintech and Payments Leader as Chief Revenue Officer

Detected, the London-based fintech that provides frictionless global business onboarding, today announces that it has hired Top 100 Women in Fintech, Rebecca Duckworth, as Chief Revenue Officer.

Thursday, August 4, 2022 - 15:56
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/news/people-moves/detected-appoints-fintech-and-payments-leader-chief-revenue-officer
Financial IT
Square Study Reveals the Digital Transformation of the UK’s Professional Services Industry

Square, the globally trusted software, payments, and hardware solution for businesses of all sizes, has today released new research that looks at the future of professional services across the UK. 

Thursday, August 4, 2022 - 14:45
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/news/payments/square-study-reveals-digital-transformation-uks-professional-services-industry
Financial IT
Wirex Credit Launches in UK and Expands Crypto Collateral Options

Wirex, a leading crypto and payments ecosystem, has expanded the Wirex Credit program to new regions and developed additional features. Their crypto-back credit lines are now available to UK users and has added WXT as a token to be used as collateral.

Thursday, August 4, 2022 - 14:39
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/news/cryptocurrencies/wirex-credit-launches-uk-and-expands-crypto-collateral-options
Financial IT
Ranqx Expands Visa Partnership to North America

Ranqx, the digital lending platform built specifically for lenders to small-to-medium sized businesses (SMBs), expands its work with Visa into North America.

Thursday, August 4, 2022 - 14:35
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/news/lending/ranqx-expands-visa-partnership-north-america
Financial IT

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