Category: Markets

Financial Management Startup Mimo Raises £15.5 Million In Funding Round

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Mimo has secured £15.5 million in a new investment funding round, led by Northzone, with additional investment from investors like Upfin VC, Seedcamp, and Cocoa Ventures. In addition, Fost has arranged an asset-backed… Continue reading Financial Management Startup Mimo Raises £15.5 Million In Funding Round

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Hong Kong Opens Doors For Crypto ETF As It Plans To Grant Approval

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On Monday, Hong Kong stirred the digital asset space with welcoming news. The country’s authorities gave initial approval to its first exchange-traded funds and spot bitcoin. This takes the Asian city a step ahead when it… Continue reading Hong Kong Opens Doors For Crypto ETF As It Plans To Grant Approval

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Revolut Takes Banking Operations To Mexico Following License Approval

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. UK-based financial technology giant Revolut is not looking back on its expansion to other regions. The company recently announced that it has received a banking license to operate in Mexico. The approval from the Mexican financial authority… Continue reading Revolut Takes Banking Operations To Mexico Following License Approval

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Taskforce Calls on UK, EU and Switzerland for T+1 Alignment

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A taskforce representing buy and sell-side firms and market infrastructure providers in Europe has urged the UK, Switzerland, and the EU to conduct plans that will lower the settlement cycle needed for securities… Continue reading Taskforce Calls on UK, EU and Switzerland for T+1 Alignment

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Innovate Finance and KPMG Proposes Scenarios to Implement Open Finance in the UK

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Innovate Finance and KPMG have tabled proposals for “potential scenarios” to bring Open Finance to the UK. In a joint report, the two entities sought to ignite debate and discussions among legislators and… Continue reading Innovate Finance and KPMG Proposes Scenarios to Implement Open Finance in the UK

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Source: Midjourney

Temenos Dismisses Hindenburg Report after Committee Findings

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Core banking provider Temenos has concluded a probe that has determined that a report by Hindenburg Research is “inaccurate and misleading.’ In February 2024, Hindenburg tabled a report accusing Temenos of “accounting irregularities,… Continue reading Temenos Dismisses Hindenburg Report after Committee Findings

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German Banking Giant Enters the Crypto Industry with Bitpanda Partnership

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Landesbank Baden Württemberg (LBBW), the largest federal bank in Germany, has partnered with the Bitpanda cryptocurrency exchange to provide digital asset custody services. The crypto custody platform launched through this partnership is set… Continue reading German Banking Giant Enters the Crypto Industry with Bitpanda Partnership

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EC and CFPB Discuss Protecting Consumers from the Risks of AI and BNPL

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Officials from the US and Europe have been discussing ways to protect consumers amid a rise in technology use in payments. The officials are discussing the impact of technologies like artificial intelligence (AI)… Continue reading EC and CFPB Discuss Protecting Consumers from the Risks of AI and BNPL

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