Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

Accenture hit by ransomware attack by LockBit 2.0 group

IT consultancy giant Accenture has suffered a ransomware hack at the hands of ransomware group LockBit 2.0.

Theta Lake has been rewarded a thumbs up for how it handles data

RegTech company Theta Lake has successfully been audited by the American Institute of Certified Public Accountants regarding how it deals with data
WalletConnect

WalletConnect snares $12.5m in ecosystem round

WalletConnect, a web3 communications protocol firm, has raised $12.5m in an ecosystem round.

Spend on Australian cards dipped in 2020, but value of fraud increased

Overall spend on Australian cards in 2020 was down by 2.2% - the first recorded drop – but the overall value of card fraud increased by 0.6%.

Wealth Dynamix level up its partnership with Microsoft to strengthen its innovative muscles

Microsoft has recognised Wealth Dynamix, the WealthTech company, as its latest Business Applications ISV Connect partner.
paper

Research paper outlines legal authority for bank use of stablecoins

The Clearing House has released a research paper that analyses the legal authority and policy considerations for banks’ engagement in stablecoin-related activities.

Ziglu passes £5m financing landmark in crowdfunding campaign

Personal money app Ziglu has cleared the £5m investment milestone on its eighteenth day of crowdfunding on the Seedrs platform.

Taiwan’s XREX snaps up $17m in fresh funding to expand its fiat currency portfolio

Taiwanese blockchain TradeTech firm XREX has closed a $17m funding round led by investment firm CDIB Capital Group and several big-name investors.

Why it makes sense that MoneyGram has become the latest FinTech to expand to...

Singaporean FinTech is popping. A slew of international players has noticed and has jumped on the opportunity to cut out a slice of the pie for themselves.

News Stories

Muinmos

Danish RegTech Muinmos appoints new commercial director

Muinmos has named Jens Woeste, an industry veteran of capital markets, as the company’s new commercial director.
Israel-based-bondIT-secures-$14m

Israel-based bondIT secures $14m

Israel-based bondIT is an investment technology developer for investment firms and has secured a $14m investment led by BNY Mellon.
Starling-Bank-releases-virtual-cards

Starling Bank releases virtual cards

UK-based challenger bank Starling Bank has released new virtual cards for Personal Current Account customers. It has also updated its Spending Insights.
Italy

Bank of Italy pushes back on government’s pro-cash policies

The Bank of Italy, the country’s central bank, has shot back at the new Italian government over its plans to promote cash over digital payments.
Membrane

Membrane Finance nets €2m in seed financing

Finnish FinTech Membrane Finance, a company building a European alternative to the USD stablecoin, has secured its e-money licence and raised €2m.

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