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630 Results from /wholesale, 2019

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Temenos acquires data analytics firm hTrunk

Swiss core banking vendor Temenos has reached an agreement to acquire Indian data analytics startup htrunk.

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Revolut chief calls for specialised tech visas to keep Brexit Britain top of fintech pile

The boss of one of Europe's biggest financial technology startups has called on the UK government to introduce specialised tech visas to ensure London remains a fintech powerhouse post-Brexit.

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Bank Frick targets institutional investors with digital asset trading

Liechtenstein's Bank Frick has set up a subsidiary, DLT Markets, to provide institutional investors with professional access to the multi-exchange trading of digital assets.

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HKEX to buy majority stake in Shenzhen-based fintech firm

Hong Kong Exchanges and Clearing (HKEX) has agreed to acquire a 51% stake in a Shenzhen-based financial markets technology firm. Financial terms of the deal were not disclosed.

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Microsoft's M12 fund invests in payments fraud specialist nsKnox

NsKnox, a startup offering companies real-time payments fraud protection, has raised $15 million in a Series A funding round led by Microsoft's venture fund and Viola Ventures and joined by Israel Discount Bank.

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BBVA issues blockchain-supported Green Bond

BBVA has negotiated the terms of a EUR35 million structured green bond using an in-house developed blockchain platform.

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Estonia maps out plans to create regulatory sandbox

The European Bank for Reconstruction and Development is working with Estonia's Ministry of Finance on a technical assistance fintech project to support the creation of a regulatory sandbox in the Baltic state.

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BaFin bans shortselling in Wirecard shares

German financial regulator BaFin has taken the extraordinary step of banning short positions in troubled payment processor Wirecard in an attempt to shore up market confidence.

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SME lender iwoca raises £150 million in debt and equity financing

UK small business lender iwoca has raised £150 million in equity and debt capital, including figures from a recent Series D equity round led by Augmentum Fintech.

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GoCardless raises $75 million for international expansion

The UK's GoCardless, which helps businesses collect recurring payments online, has secured $75 million in Series E funding as it aims to build a global bank debit network.

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US state regulators reach out to fintech startups

State financial regulators in the US have approved an action plan to streamline the experience of fintech startups setting up shop across multiple jurisdictions.

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FSB: Banks should be worried about BigTech not fintech

The Financial Stability Board has warned that banks have more to fear from the competitive impact of Big Tech firms in financial services than the disruptive threat posed by cherry-picking fintech startups.