Fintech Times Biweekly News Roundup Sees Core Banking Platforms Tomb partner with salt edge while investing in apps hedgehog Open crowdfunding to the public.
Financing and investment
UK-based insurtech STABBEN EDGE GROUP has secured a further £5.6m investment following last year’s round of over £10m submissions.Since the last round, the company has acquired Royce broker Genesis Special Risk, Established Guernsey corporation 1 edge SME focused media titles Bonhill PLC. Further announcements are expected, including additional M&A activity.
SplitMerchant-branded installment-as-a-service platform has completed a A$10.5 million private placement with institutional investors. The company plans to use this capital to pave the next phase of growth and expansion with large global corporate merchants and strategic partners.
hedgehog, A partial investment web app has launched a £1 million crowdfunding round. Seeding to the wider public. This round has already raised over £950,000 (95% of the target). Hedgehog has already secured a portfolio of “Quality Assets” worth over $1.5 billion.
Launch and company updates
MENA insurance company GIG Gulf Launched motor claim platform easy claim It spans the United Arab Emirates, Qatar, Oman and Bahrain. EasyClaims allows customers to register a car insurance claim with minimal information required. No paperwork, no waiting time at all.
Emirates Islamic has launched a new ‘Business Woman Account’ specifically curated to address and support the requirements of female entrepreneurs and business owners in the UAE. The new business banking proposal is in line with the UAE’s vision to fully realize the Sustainable Development Goals aimed at reducing inequality and promoting diversity within the SME ecosystem.
Fintech platform prepaid state Expand your services to the GCC market. It has also signed important partnerships to provide prepaid products and services to GCC consumers.New partners include Mango, Resal, Unipay, Solutions Gulf, Talaco, Encryptus Even if lulu money.
tree of wisdom, Launched WisdomTree Blockchain UCITS ETF (WBLK), an exchange-traded fund. Listed today on Börse Xetra and Borsa Italiana, WBLK seeks to track the price and yield performance (excluding fees and expenses) of the WisdomTree Blockchain UCITS Index, with a total expense ratio of 0.45%.
ellipse, A crypto asset risk management company Jackson Hull as Chief Technology Officer.he was in fintech recently oak north, He led multiple teams to build the company’s credit risk analysis platform. He will join Elliptic as it launches its next-generation blockchain analytics engine.
John Kim participate PayPal He will become Executive Vice President and Chief Product Officer (CPO) later this month.kim succeeds Mark Bullittwill remain with PayPal during the transition period before retiring later this year. Kim joined PayPal after a ten-year tenure. expedia group.
Meanwhile, insurance brokers Aon Romania appoint Eugen Anisescu as its new General Manager. Anicescu is active within Coface Romania in different roles. Previously, he also led the reinsurance division. Generali Romania.
Nigel GreenCEO and Founder Devya Group, was appointed to National Innovation Agency (NIA) Thai’s. The NIA says Green’s “experience and wisdom” in finance and fintech will be invaluable to the NIA and the country.
object way, Appointed by banking, wealth and wealth management software providers Hassan Sufiyan As MD of UK Objectway. He will help drive the company’s expansion in the UK and Ireland. Suffyan also works with management to execute strategic development initiatives across the company.
genesis global, Launched low-code application development platform for financial institutions Marina Kilklein as Chief Human Resources Officer. Kilkline will report to his CEO Stephen Murphy. Kilklein joined from the Royal Institute of Chartered Surveyors to design and implement programs to foster a positive global culture.
cryptocurrency brokerage Caleb & Brown has expanded its services to provide fund management with the appointment of new officers. Tommy Roglge, Daniel Caruso When Gary Head. All three work with the CEO Jackson Zen To enhance its services and offerings.
Finally, a digital banking provider Bank Joy add Michael Carroll as Chief Technology Officer. Carroll will oversee the development of the technology and drive the company’s strategic vision of delivering a seamless end-to-end digital ecosystem of services.
tax credit specialist adsum Secure partnerships with screen agencies movies london Helps provide industry tax credit funding to support production projects. The tax-as-a-service fintech company has joined Premiere Service, a film industry agency that connects film industry producers and production crews with a wide range of services and suppliers.
Tomb, A core banking platform born in Estonia, salt edge. The partnership enables Tuum’s clients to rapidly comply with PSD2 and Open Banking mandates, enhance end-user security with Salt Edge’s mobile SCA solution, and access over 5,000 banks for account information and payments. You can free open data by getting a start service.
There is also a partnership of PXP Financial When dispute help We provide an end-to-end dispute management platform across all payment schemes in your merchant portfolio.the announcement is master Card The “acquirer cooperation” obligation is set to come into effect.
Axwaypartners with software integration vendors. Pro2col, Managed File Transfer (MFT) Specialist. Under the new partnership, Axway will be able to leverage her Pro2col expertise to expand its reach in the UK and Ireland and increase the visibility of its solution offerings to enterprise-level organizations.
Mergers and Acquisitions
JP Morgan signs deal to acquire cloud-native payment technology company RenoviteThis strategic acquisition will help JP Morgan Payments build a next-generation merchant acquisition platform, strengthen the company’s payments modernization strategy and support its move to the cloud. Renovite will become part of JP Morgan Payments.
Zinga Co., Ltd. interactive entertainment company that has completed the acquisition of store manager, A mobile growth and app store optimization company. Expanding Zynga’s existing operations in Israel, the Storemaven team will combine mobile technology with Zynga’s global portfolio and Chartboost’s advertising platform.