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We find Fintech news from around the world and share it with you here.

UK’s ThinCats Explains How it Leverages its Credit Risk Model to Gain Insights into SMEs Operations

Thincats, a UK-based lending platform, explains that their expertise in SME lending is the product of “a detailed manual underwriting process combined with market-leading data.” Because of their sharp focus on mid-sized SMEs, ThinCats claims that they have “continually invested in making sure [they] have… Read More

Security Tokens Allow Investors to Seamlessly Trade Shares in Real Estate, Hedge Funds, Private Equity Funds: Report

The team at Security Token Market (STM) has released a report titled, State of Security Tokens 2022 — Industry Overview. Peter Gaffney, the Head of Research from Security Token Advisors, notes that the “high-level” lifecycle of a security token includes the following: Asset Selection Offering Structuring… Read More

Brightflag, the AI enhanced Legal Operations Platform, Adds Legal Service Request Solution

Brightflag, the AI-enhanced legal operations platform, recently announced the launch of its Legal Service Requests module. This latest innovation provides corporate legal departments “a powerful new way to centralize intake, triage requests, and understand demand for legal services across the business.” As mentioned in a… Read More

Checkout.com Exec Reveals that Payments Data Provides Immense Utility for Businesses

The team at Checkout.com says that 2022 looks set to be a “defining year” for digital payments and commerce, with the “exponential” growth seen in recent years expected to continue. Checkout.com, which has become the most valuable Fintech after finalizing a massive $1 billion funding… Read More

Digital Assets: Tokeny CEO Envisions Bright Future for Asset Tokenization in 2022 and Beyond

  Like many Fintech entrepreneurs, Tokeny CEO Luc Falempin, was immediately excited when he read the Bitcoin whitepaper, so much that he devoted his career to using blockchain technology to make financial markets available to everyone. A few years later, Falempin is well on his… Read More

EstateGuru Platform Investors Financed €18.6M Worth of Loans in December 2021

EstateGuru notes that 2021 ended “strongly” for their platform, with their investors financing €18.6M worth of loans in December 2021. As mentioned in the update from EstateGuru, the total funded amount for the year was €2028M. In December, Estonia, Lithuania and Germany all “contributed over… Read More

UK based Blend Network Launches “Light Refurbishments Plus” Offering Up to 75% LTGDV

UK’s Blend Network, a specialist development finance lender, has responded to “growing demand for light refurbishment projects.” As mentioned in an update shared with CI, specialist development finance lender Blend Network has announced today the launch of a new Light Refurbishment Plus product range “specifically… Read More

Hedera Hashgraph to Open Source Blockchain, Governing Council to Purchase IP

Hedera Hashgraph says it will open-source its blockchain technology during 2022. Simultaneously, the Hedera Governing Council reports that it has voted to purchase the intellectual property rights to the Hashgraph consensus algorithm from Swirlds, Inc., the original creator of the Hashgraph consensus algorithm and founding… Read More

Prolific Fintech Investor QED Hires Executives to Boost Africa Presence

QED Investors has hired two new executives to boost its presence in Africa. QED is one of the most prolific Fintech investors in the world. Founded by Nigel Morris and Frank Rotman in 2007, QED’s timing was just about perfect enabling it to benefit from… Read More

Linked Finance Leverages Open Banking to Enhance Application Process

Linked Finance, a peer-to-peer lending platform serving Irish SMEs, says it has incorporated open banking technology to speed up the lending process. Open banking can enhance financial services by seamlessly accessing data and information across different platforms. By integrating with other financial services providers, products… Read More

Crypto.com has Allegedly Lost Over 172 BTC, 4,831+ ETH Valued at a Total of $22.5M via Recent Breach: Report

The Sentinel Protocol team, which is operating a platform leveraging blockchain technology in order to harness collective cyber security intelligence to protect crypto assets against hackers, scams and fraud, has provided an update regarding the suspicious activity incident involving Crypto.com. Through their team’s preliminary analysis,… Read More

UK’s Digital Bank Zopa Reaches £1B in Customer Savings

Today, the team at digital bank Zopa is “incredibly proud” to announce that their customers have trusted them with over £1 billion of their “hard-earned” savings. In an update shared with Crowdfund Insider, Zopa‘s management noted that their award-winning Zopa Fixed Term Savings Account offers… Read More

Overfunding: Bank North, a Fintech enabled Banking Platform, Acquires £1.55M+ from 486 Investors via Crowdcube

Bank North, a Fintech-enabled bank, which will combine cloud-native tech with the trust of face-to-face relationship banking with the “aim of disrupting the £150bn UK SME lending market,” has secured 114% (£1,552,134) of its £1,350,000 target from 486 investors (at the time of writing) with… Read More

Fintech Apps Are Becoming Widely-Adopted, so easyMoney Introduces its Own App for Clients

The team at UK’s investment platform easyMoney notes that the use of Fintech apps is increasing steadily across the globe. That’s why they decided to also launch their own app for their customers. The company wrote in a blog post that half of easyMoney investors… Read More

Utrust Teams Up with Elrond to “Take Over” the Web3 Payments Sector

The team at Utrust notes that if you’ve been following them for a while, then you will know that they are “not fond of overly hyping [their] announcements.” Utrust claims that they are “focused on delivering, not fanfare.” The company writes in a blog post… Read More

eToro Expands Offerings in the US, Adds ETFs, Stocks

eToro, an online investment platform, says it has added exchange-traded funds (ETFs) and stocks to its US-facing offerings. eToro already offers crypto trading in the US. Crypto trading is offered via eToro USA LLC and securities trading is offered via eToro USA Securities, Inc., a… Read More

Climate Tech Firm that Works with Banks Doconomy Raises $19 Million

Doconomy has raised $19 million in an equity round led by CommerzVentures. Doconomy is a climate tech firm that helps banks, brands, and consumers to measure and reduce their environmental impact. Other backers include two new investors, Ingka Investments, part of the largest IKEA retailer… Read More

MAS Managing Director Menon to Lead 105-Member Network for Greening the Financial System

The Network for Greening the Financial System (NGFS) this week announced the appointment of the Monetary Authority of Singapore’s (MAS) managing director Ravi Menon as their new chair. He will serve for a two-year term. Formed at the Paris One Planet Summit in December 2017 by… Read More

Aite-Novarica Group and Nium Share Insights on Embedded Payment Experiences

If the world of payments has taught us “one thing,” it’s that “keeping up with the changes holds the power to keep both customers and business partners satisfied,” according to an update from Nium. Nium writes in a blog post that as more firms are… Read More

Poloniex Management Confirms Launch of New Digital Asset Trading System in Sandbox Environment in Q1 2022

Shaun Scovil, General Manager at digital assets firm Poloniex, notes that as they embark on their eighth year of operations, the team has reflected on all the great things they think they’ve accomplished so far, while “preparing for the exciting challenges and opportunities ahead.” Shaun… Read More

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