Category : News

Revolut is Now a Fully Registered Crypto Service Provider in the UK

Digital money app Revolut has been approved by the United Kingdom’s Financial Conduct Authority (FCA) to offer cryptocurrency products and services in the country. The company was previously providing crypto buying, selling and trading services under...

Credit Suisse Clients Can Now Obtain Property Valuations on the CSX App

Credit Suisse, in cooperation with PriceHubble and MoneyPark, has incorporated information on real estate valuations and the option to sell properties into its Property Cockpit. The new features enables Credit Suisse clients in Switzerland to get a r...

Revolut, Wise and N26 Were the Most Googled Virtual Banks in Europe

A study found that Revolut was the most searched online banking service in Europe, receiving the most searches in 25 countries. Wise came in second as the most searched in nine countries and N26 comes in third as the most searched in four countries....

Coinbase Gets Greenlight to Operate Its Crypto Exchange in the Netherlands

Coinbase has secured regulatory approval from the Dutch central bank as a crypto service provider, allowing it to offer its full suite of retail, institutional, and ecosystem products to customers in the country. This makes Coinbase one of the first...

Swiss and Liechtenstein Crypto Assets Ecosystem Continues to Grow Despite Market Turmoil

In Switzerland and Liechtenstein, the crypto assets investment ecosystem continues to grow and mature, despite market volatility and declining trading volumes, a new report by the Institute of Financial Services Zug (IFZ) of the Lucerne University of...

Crypto App hi and Mastercard Launch Debit Card With NFT Customisation

Crypto app hi and Mastercard have launched the world’s first debit card with NFT avatar customisation, allowing cardholders to personalise their card with an NFT avatar that they verifiably own. The card will initially be available to hi members in o...

Web3 Investco Acquires Luxembourg Crypto Platform Blocktrade

Zug-based private equity firm Web3 Investco has signed a definitive agreement to buy 100 percent of the voting shares of Luxembourg-based digital asset exchange Blocktrade from the Elite Club Foundation. Blocktrade was founded in 2018 before being ac...

Finastra Integrates With Visa Direct for Cross Border Payouts

Financial services software and cloud solutions provider Finastra and Visa will co-develop new functionality to enable banks and financial institutions to offer their SME and individual clients cross-border payout solutions in multiple currencies and...

Japan’s Nomura Holdings Picks Switzerland for its New Digital Assets Business

Japanese financial services group Nomura Holdings has established a new digital assets business in Switzerland called Laser Digital, with Steven Ashley as Chairman and Jez Mohideen as CEO. According to the company, Switzerland was selected as the loc...

Payment Innovations Remain Apple’s Top Fintech Priority

With a market capitalization of more than US$2 trillion and over US$100 billion in annual profit, American technology giant Apple is one of the most valuable companies in the world. Widely known for its consumer electronics, including the Macintosh p...

Ledgy Raises US$22M Series B to Help European Startups Manage Equity

Swiss equity management platform Ledgy has raised a US$22 million Series B funding round led by New Enterprise Associates (NEA). Speedinvest as well as existing investors Sequoia Capital, 20VC, btov and VI Partners also participated in the round. Led...

Fintech M&A Deal Activity Accelerates in DACH Region

In Germany, Austria and Switzerland, also referred to as the DACH region, fintech funding and acquisition activities have accelerated over the past few of years on the back of a maturing fintech market and increasing appetite from strategic players a...

UK Fintech Monese Secures US$35M Investment From HSBC Ventures

UK-based money app Monese has received a US$35 million investment from HSBC Ventures, bringing the total amount it has raised so far to US$208 million. The investment is said to be part of a broader strategic partnership that focuses on growing Mones...

CYBERA Raises Additional US$5M to Disrupt Financial Cybercrime

CYBERA Global Inc. has secured an additional US$5 million in what it says was an oversubscribed equity round led by Converge VC and New North Ventures. Founder Collective, Swiss venture capital firms Serpentine Ventures and CV VC, as well as other in...

Payments Group PayU Finalises Acquisition of Colombia’s Ding to Expand to LATAM

Netherlands’ PayU has received the endorsement of Colombian regulatory authorities to acquire local electronic payment and deposit specialist Tecnipagos, better known as Ding. Based in Bogota, Ding allows merchants to make electronic deposits like th...