Standard Chartered Launches Digital Asset Custody Service in the UAE
- 10 months 1 week ago
- Asset Management
Standard Chartered today announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a leading global financial hub, following the memorandum of understanding (MoU) signed in May 20231.
New Bill Introduced in Parliament to Clarify Crypto’s Legal Status
- 10 months 1 week ago
- Cryptocurrencies
The Property (Digital Assets etc) Bill, introduced in Parliament today, will mean that for the first time in British history, digital holdings including cryptocurrency, non-fungible tokens such as digital art, and carbon credits can be considered as personal property under the law.
Nium Strengthens Executive Leadership Team with Chief Financial Officer and Chief Compliance Officer Appointments
- 10 months 1 week ago
- People Moves
Nium, the global leader in real-time cross-border payments, today announced two executive appointments that strengthen its leadership team and underscore the company's focus on driving efficient and responsible growth.
Cashmere Secures $3.6 Million in Seed Funding to Revolutionize Client Acquisition for Wealth Management Firms
- 10 months 1 week ago
- Fundraising News
Cashmere, an AI-powered client acquisition platform for wealth management firms, has successfully completed a $3.6 million seed funding round. The investment will drive rapid product development and strategic hiring - including a newly-appointed Head of Machine Learning.
Northern Trust Announces Leadership Changes
- 10 months 1 week ago
- People Moves
Northern Trust Corporation announced today a number of leadership changes, effective Oct. 1, 2024.
Huma Raises $38M to Hyper-Scale Its Payment Financing (PayFi) Network
- 10 months 1 week ago
- Fundraising News
Huma, the first Payment Financing (PayFi) network, announced today that it has raised $38 million in funding. Distributed Global led the equity round, with significant participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in Turkiye. Part of this raise came as investments into high-yield real world assets (RWA) assets on platform.
Grasshopper Grows Digital Banking Team with Four Strategic Hires
- 10 months 1 week ago
- People Moves
Grasshopper, the client-first digital bank built for the business and innovation economy, today announced the addition of four key hires to its Digital Banking team:
Tradu Partners with TradingView to Bring Best-in-Class Charting and Trading Tools to Global Clients
- 10 months 1 week ago
- Trading Systems
Tradu, the powerful multi-asset trading platform, has announced a strategic
Mastercard Business Cards Gain Added Value with Business Subscription Management Tool Powered by Nuclei
- 10 months 1 week ago
- Payments
Companies using Mastercard Business cards in Eastern Europe, the Middle East, and Africa (EEMEA) region are set to benefit from a new value-added service – a business subscription management tool powered by technology partner Nuclei. The innovative feature will help small businesses streamline processes and reduce costs.
Ignite Innovation at Africa Fintech Forum 2024: Join Us in Nairobi for the Premier Finance & Technology Convergence!
- 10 months 1 week ago
- FinTech StartUps
Nairobi is set to host the groundbreaking Africa Fintech Forum 2024 on September 25th, where global fintech pioneers will converge to share transformative insights and strategies shaping the future of finance and technology.
Gen Alpha Spending Power Hits £3.3 Billion as Youngest Generation Becomes the New Family ‘Finfluencers’
- 10 months 1 week ago
- Personal Finance
Gen Alpha, the cohort of young people born from 2010 onwards, is emerging as a generation of family ‘finfluencers’.
Send App by Flutterwave Launches Affordable Cross-Border Payment Services into Malawi
- 10 months 1 week ago
- Payments
Flutterwave, Africa’s leading payment technology company, today announced that its flagship remittance product, Send App by Flutterwave, has launched commercially in Malawi. Customers can continue to use Send App to facilitate faster, easier, and more affordable cross-border money transfers into Malawi.
Unlimit Partners with Shoplazza to Boost Cross-Border Payments for Chinese E-Commerce
- 10 months 1 week ago
- E-Commerce
Global fintech Unlimit today announced a strategic partnership with the global AI-commerce technology company, Shoplazza. The partnership is focused on enhancing cross-border payment services for e-commerce merchants in APAC. Shoplazza merchants will be able to leverage Unlimit’s extensive portfolio of payment methods and robust payment infrastructure to expand their customer bases worldwide, bolster customer satisfaction, and improve customer...
Mintos Completes European Rollout, Now Available Across the Continent
- 10 months 1 week ago
- Infrastructure
Mintos, the multi-asset investment platform offering a unique mix of alternative and traditional investment options, has successfully completed its European expansion and is now fully operational across the continent. Since its founding in 2015, the platform has attracted over 500,000 users across Europe. Authorised by MiFID, the company currently manages over 600 million euros in assets under administration.
Ebury Partners with Salt Edge to Expand Its Open Banking Presence in the EU & UK
- 10 months 1 week ago
- Open Banking
Ebury, a global fintech company specialising in payments and collections, FX risk management and business lending, partners with Salt Edge, a leading open banking solution provider, to integrate its PSD2 APIs. This collaboration will enable both companies to enhance visibility and attract new customers while offering existing customers open banking services.