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

Temenos brings digital asset trading to core banking product

Swiss core banking vendor Temenos is to deliver access to digital assets for its banking clients through a relationship with local startup Taurus.

17 May 2021

News/crypto

Spanish stock exchange to test blockchain for SME financing

The Spainsh stock exchange (BME) is to test a platform that helps small and mediuem-sized businesseses to raise financing through the issuing of participatory loans and convertible notes represented as digital assets in a blockchain network.

14 May 2021

News/crypto

Thiel-backed Block.one preps $10bn crypto exchange

Block.one, the blockchain software firm backed by Peter Thiel, is pumping $10 billion into a new cryptocurrency exchange subsidiary.

11 May 2021

News/markets

Italy to roll out blockchain for digital sureties contracts

The launch of the first system platform that will enable sureties to be managed in the banking and insurance sectors through DLT technology will happen in the second half of 2021 following successful pilot trials by SIA and Italy's Research Centre on Technology, Cetif.

10 May 2021

Company update/crypto

Wirex adds WXT to Ethereum in DeFi push

Digital payments platform Wirex has announced the migration of a fifth of their popular native token, the Wirex Token (WXT), from the Stellar Network to the Ethereum blockchain.

06 May 2021

News/regulation

WEF: Little market-wide agreement on DLT use in capital markets

A report from the World Economic Forum (WEF) and Boston Consulting Group (BCG) has found that while distributed ledger technology (DLT) offers the potential for significant market-wide transformation, market participants are still far from adopting this technology at scale at a market-wide level.

06 May 2021

News/crypto

Latin American crypto exchange Bitso hits $2.2bn valuation

Latin America's largest cryptocurrency platform, Bitso, has hit a $2.2 billion valuation off the back of a $250 million Series C equity round led by Tiger Global and Coatue.

06 May 2021

News/crypto

Goldman Sachs invests in Coin Metrics

Goldman Sachs has led a $15 million Series B funding round for crpto financial intelligence player Coin Metrics.

05 May 2021

Company update/markets

LedgerEdge selects Exactpro for testing of DLT-enabled corporate bond trading platform

Exactpro, a leading software testing provider for mission-critical financial market infrastructures, today announces it has been chosen by LedgerEdge, the next-generation ecosystem for corporate bond trading, to deliver functional testing and ensure the resilience of LedgerEdge’s global corporate bond trading platform powered by distributed ledger technology.

05 May 2021

Company update/markets

Blockchain.com buys AiX assets

Today I’m pleased to announce that Blockchain.com has acquired the business of AiX, a company that has built an impressive, AI-powered negotiation and matching engine for institutional OTC traders.

04 May 2021

Company update/startups

Mastercard welcomes latest Start Path startups

Financial technology has made it possible to bring more people into the digital economy faster and more seamlessly than ever before. At Mastercard, we embrace the opportunity to partner with fintech companies to help drive inclusion at scale and deliver solutions focused on doing well and doing good.

03 May 2021

Company update/sustainable

Earthbanc and Swedbank bid to uncover sustainable lending opportunities

Earthbanc has partnered with Swedbank Lithuania to pilot the delivery of carbon and climate reporting for corporate and SME banking customers, which can open the door to sustainable finance opportunities.

29 April 2021

Company update/crypto

Trust Payments to open Dublin office

Trust Payments announced it has expanded into Ireland. The payments technology group will open an office in Dublin city centre as it seeks to benefit from local talent and rapid growth in the country’s FinTech sector.

29 April 2021

News/crypto

Deutsche Börse and Commerzbank to build digital asset marketplace

Deutsche Börse and Commerzbank have invested in fintech spinoff 360X with the aim of building a blockchain-based digital marketplace for digital asset clases in art and real estate.

29 April 2021

News/crypto

Paxos receives $2.4 billion valuation on $300 million Series D

Blockchain infrastructure platform Paxos has closed a $300 million Series D round of funding, giving the firm behind the crypto offerings of PayPal a $2.4 billion valuation.

29 April 2021

News/crypto

Digital asset custodian Finoa raises €22 million

Digital asset custodian Finoa has secured $22 million in a Series A funding round led by Balderton Capital.

29 April 2021

News/markets

EIB issues digital bond on public blockchain

The European Investment Bank (EIB) has issued a €100 million two-year bond using public blockchain technology.

29 April 2021

News/payments

DBS, Temasek and JPMorgan set up DLT-based payments joint venture

DBS, Temasek and JPMorgan have set up a joint venture company that will use distributed ledger technology to challenge the cumbersome hub-and-spoke model applied to traditional cross-border payment flow.

28 April 2021

News/sustainable

ALT/AVE to drive new funding into its DLT offering

Having secured £535,000 investment, regtech ALT/AVE plans to further develop its distributed ledger solution docStribute, to expand its core uses beyond financial services.

27 April 2021

Company update/people

Blockchain payments firm Tassat appoints Barbara Kissner CISO

Tassat, a global provider of financial technologies and products for digital payments, today announced it has appointed Barbara Kissner as its Chief Information Security Officer (CISO) to oversee the company’s infrastructure, technology and data security.

26 April 2021