Research company RBR’s latest study has found that the number of automated deposit terminals (ADTs) installed globally have increased by around 4% and had reached 1.4 million in 2018. Banking institutions say that deposit ATMs will become a widely-used tool for assisting clients in migrating... Read More
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Singapore-based Fintech firm CredoLab has confirmed that the Financial Services Authority (OJK) has officially recognized it as an established provider of financial technology services to companies in Indonesia. Michele Tucci, chief product officer at CredoLab, stated: “Clients can rely on the OJK’s assessment and audit... Read More
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Bitcoin (BTC) derivatives trading volumes are again approaching record-level highs this month as open interest keeps increasing. CME Group Inc (Chicago Mercantile Exchange & Chicago Board of Trade) data reveals that as of January 16, 2020, open interest for the exchange’s futures products reached 5,328... Read More
The post Open Interest for CME Group’s Bitcoin (BTC) Futures Approaching All-Time Highs, Reaches 5,328 Contracts Valued at $237 Million appeared first on Crowdfund Insider.
MarketFinance is one of the world’s largest peer-to-peer (P2P) invoice finance platforms. Established in 2011 and based in London and Manchester, MarketFinance has reportedly issued more than £1.1 billion (appr. $1.4 billion) in funding to thousands of UK-based businesses. MarketFinance assists business owners in dealing... Read More
The post P2P Invoice Financing Platform MarketFinance Rebrands, Plans to Compete with Large Lenders OakNorth, Esme Loans appeared first on Crowdfund Insider.
Getsafe, a Germany-based insurtech startup, announced on Thursday it has started its digital contents insurance expansion into the UK. The expansion of services comes less than a year after Getsafe secured $17 million through its Series A funding round, which was notably led by Earlybird... Read More
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Small Robot, a UK-based ag-tech that is building sustainable farming robots, has successfully secured its initial £700,000 funding target through its latest equity crowdfunding campaign on Crowdcube. The company, which is offering 8.05% in equity at an £8 million pre-money valuation, has already attracted the... Read More
The post Overfunding: Ag-Tech Startup Small Robot Quickly Secures £700,000 Through Latest Crowdcube Funding Round appeared first on Crowdfund Insider.
Payment processing platform Klarna announced earlier this week it has formed a new partnership with point-of-sale software brand, Vend. According to Klarna, the collaboration gives customers of boutique retailers more flexible payment options in-store across the UK. The roll out will later follow in the... Read More
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Brazilian fintech EBANX announced earlier this week the launch of its new digital account, EBANX GO, and prepaid card in a partnership with Visa that offers 5% cashback in purchases made in a list of 18 specific merchants, which includes Spotify, AliExpress, Gearbest, UseGiraffe, PatPat,... Read More
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Toronto lawyer Amy ter Haar has provided her take on the Ontario Securities Commission’s (OSC’s) CSA Staff Notice 21-327: Guidance on the Application of Securities Legislation to Entities Facilitating the Trading of Crypto Assets. In short, the guidance could render any cryptocurrency trading platform subject to... Read More
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AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Friday it has raised $260 million in equity capital as part of the company’s latest financing round. With contributions from TPG Sixth Street Partners and other leading investors, this brings... Read More
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