Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Blockchain-based commercial payments firm Paystand raises $50m

Blockchain-enabled commercial payments outfit Paystand has raised $50 million in a Series C round of funding led by NewView Capital.

23 July 2021

News/crypto

India and Nigeria push ahead with CBDC plans

India and Nigeria, two of the world's largest emerging economies, are ramping up their plans to launch central bank digital currencies.

23 July 2021

Company update/regulation

SETL proposes new approach to blockchain regulation

SETL, the London based blockchain company, today published a whitepaper on how to “Realise the Regulated Internet of Value” based on a multi-asset approach to tokenisation.

23 July 2021

News/crypto

PayU partners Celo to bring stablecoin payments to merchants

PayU is teaming up with mobile-first open-source blockchain payments outfit Celo to launch a new stablecoin option to hundreds of thousands of merchants.

21 July 2021

Company update/people

LedgerEdge appoints Michelle Neal as CEO of US operations

LedgerEdge, the next-generation ecosystem for trading, announces the appointment of Michelle Neal as CEO of US operations.

20 July 2021

Company update/crime

Everest integrates blockchain API with Oracle financial crime suite

Everest, a regulated fin-tech company with blockchain solutions for biometric identification, custodian, and banking services, collaborates with Oracle Financial Services to enable customers to use Everest’s Application Programming Interface (API) and adopt identity verification and biometric identification services provided by Everest.

19 July 2021

News/crypto

Sygnum uses blockchain to sell shares in Picasso painting

Swiss digital asset bank Sygnum has teamed up with art investment outfit Artemundi to tokenise a Picasso painting, giving investors the chance to purchase and trade shares in the work.

16 July 2021

Company update/markets

Apollo Global Management to work with Figure on blockchain applications

Apollo Global Management, Inc. (NYSE: APO) (“Apollo” or the “Firm”) and Figure Technologies, Inc. (“Figure” or the “Company”) today announced that affiliates of Apollo and Figure have entered into an agreement to collaborate on a series of blockchain-enabled initiatives.

14 July 2021

Company update/identity

Verafide launches credentials platform on SETL blockchain

Verafide, a verifiable credentials technology provider for issuers, holders and verifiers of digital credentials and ID, today announced the launch of their platform on the SETL enterprise blockchain.

13 July 2021

News/crypto

Singapore and French central banks test cross-border CBDC exchange

The Monetary Authority of Singapore and the Banque de France are hailing the results of a cross-border digital currency simulation that could upend the current correspondent banking model, enabling banks to conduct overseas transactions across a single shared ledger.

13 July 2021

News/sustainable

Banks launch carbon marketplace

NatWest, CIBC, ITAU and NAB have joined forces to create a blockchain-based marketplace where firms can buy and sell carbon offsets.

12 July 2021

News/crypto

Crypto exchange Bullish to go public via $9bn Spac

Cryptocurrency exchange Bullish is set to go public at a $9 billion valuation through a merger with a special purpose acquisition company (Spac) run by former Nyse president Thomas Farley.

09 July 2021

Company update/crypto

Sygnum offers Ethereum staking

Sygnum Bank announces today that it is the first bank to offer Ethereum (1) 2.0 staking.

06 July 2021

News/crypto

Ripple invests in NFT marketplace Mintable

Ripple has joined a $13 million funding round in Mintable, an NFT marketplace that enables users to create, buy, and sell digital items using fiat or cryptocurrency.

02 July 2021

Company update/wholesale

Contour opens trade finance innovation lab in Singapore

Contour has opened an innovation lab In Singapore where it will collaborate closely with its growing network of banks, corporates and ecosystem partners to research and develop novel, digitally native trade finance solutions.

01 July 2021

News/regulation

HSBC joins UAE KYC Blockchain platform

HSBC has signed on as the fourth founding member bank of a blockchain-based KYC data sharing coalition in the UAE.

01 July 2021

News/payments

EBAday 2021: Modernisation, a catalyst for payments utopia

With day two now under our belt, we are only just beginning to digest the eyewatering number of insights shared across six panel sessions, two roundtables, a lively chatroom forum and of course, non-stop networking on the EBAday platform.

29 June 2021

News/cloud

German banks use digital smart contract to trade OTC interest rate derivative

DZ Bank and BayernLB have traded an over-the-counter interest rate derivative in the form of a digital smart derivative contract, with the resulting payments settled daily via Deutsche Börse.

29 June 2021

Company update/crypto

LiquidShare selects BTP’s Sextant platform for blockchain-based post-trade offering

LiquidShare, a leading European fintech startup, has selected Sextant for Daml, the blockchain and smart contract management and operations platform provided by Blockchain Technology Partners (BTP), to deliver its cutting-edge post-trade offering.

29 June 2021

Company update/markets

Digital Asset to enable Daml-driven applications on the Nasdaq Marketplace Services Platform

Digital Asset today announced a new partnership with Nasdaq (Nasdaq: NDAQ) to enable Daml-driven applications on the Nasdaq Marketplace Services Platform.

24 June 2021