Category : News

Interest in Media for Equity on the Rise

Media for equity, a financing option that provides advertising in return for equity in a company, is proliferating at an increasing rate, recognized by startups as a powerful engine for sustainable growth. Also known as media for growth or airtime fo...

A.P. Moller – Maersk and IBM to Discontinue Blockchain Trade Platform Tradelens

A.P. Moller – Maersk and IBM announced the decision to withdraw the TradeLens offerings and discontinue the platform. Starting immediately, the TradeLens team is taking action to withdraw the offerings and discontinue the platform, and the intent is...

Swiss Digital Bank Alpian Ramps up Athlete Endorsement Push to Appeal to the Mass Affluent

Swiss digital bank Alpian has announced the appointment of Sébastien Buemi as honorary “chief inspiration officer,” adding the Swiss professional racing driver to its list of existing brand ambassadors, among which tennis world champion Belinda Benci...

Swiss Digital Bank Alpian Ramps up Athlete Endorsements to Appeal to the Mass Affluent

Alpian ernennt Sébastien Buemi zum dritten ehrenamtlichen Chief Inspiration Officer

Nachdem Alpian im Oktober 2022 offiziell als erste digitale Privatbank der Schweiz an den Start ging, gibt das Unternehmen heute die Ernennung von Rennfahrer-Champion Sébastien Buemi zum neuen ehrenamtlichen Chief Inspiration Officer bekannt. Er wird...

France, Luxembourg and EIB Conduct Joint Wholesale CBDC Experiment

The Banque de France, Banque centrale du Luxembourg and European Investment Bank (EIB) successfully conducted a wholesale central bank digital currency (CBDC) experiment. The experiment, known as the Venus initiative, involved a 100 million euro digi...

Conferma Pay, Sabre and Mastercard Issue B2B Virtual Travel Payment Cards

UK virtual corporate card provider Conferma Pay and US travel tech company Sabre have partnered with Mastercard to issue virtual cards for B2B travel payments. The solution involves generating single use card numbers to enable travel buyers and suppl...

Belgium’s OpenWay Launches Card-as-a-Service Platform

Belgian payment processing company OpenWay has added card issuing software to its Way4 digital payments platform covering credit, debit, corporate, fleet, instalment, prepaid, loyalty, and gift cards. The new “card-as-a-service” software includes fea...

UBS Chooses Regula’s Identity Verification Solutions to Automate Onboarding

UBS has partnered with Latvian identity verification company Regula to create a fully automated and 24/7 account opening process for new customers. Instead of real-time video interviews, which were previously required by UBS to verify new customers,...

BVNK Acquires System Pay Services to Provide Licensed E-Money Services

UK crypto payments platform BVNK has acquired payments company System Pay Services for its Electronic Money Institution (EMI) license after receiving Financial Conduct Authority (FCA) approval. The EMI license enables BVNK to broaden its product offe...

wefox Appoints Zalando’s Laura Eschricht as Chief Marketing Officer

German insurtech platform wefox has appointed Laura Eschricht as its new Chief Marketing Officer, effective immediately. She joins wefox from German ecommerce retailer Zalando. Eschricht is a seasoned marketing professional with over 15 years of glob...

BlockFi Files for Bankruptcy Due to Exposure to FTX

Crypto lender BlockFi has filed for Chapter 11 bankruptcy protection citing a liquidity crisis due to substantial exposure to recently bankrupt crypto exchange FTX. BlockFi says that it is exposed to FTX via loans to Alameda, a crypto trading firm af...

Quid Launches Multi-Currency Wallet for SMEs With Visa’s Currencycloud

UK business banking platform Quid Global and cross-border payments platform Currencycloud have partnered to launch Quid’s multi-currency global wallet for businesses. The integration with Currencycloud will provide Quid’s SME clients with a multi-cur...

Spain’s Cobee Raises €40M Series B for Employee Benefits Platform

Madrid employee benefits platform Cobee has closed a €40 million Series B funding round with investments from London-based Octopus Ventures and Notion Capital. The company says that it tripled its business since it last raised a €14 million Series A...

Estonia’s Kriptomat Partners Volt for Real-Time Payments for Crypto Trading

Estonian crypto platform Kriptomat has partnered with UK payment gateway provider Volt to enable customers to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies. Prior to integrating with Volt, Kriptomat customers u...