UK fintechs seek ‘cure for Brexit’ in Lithuania
Thanks in part to Brexit, Lithuania is becoming a fintech hub as a growing number of UK-linked digital financial companies are getting licences there so they can continue to operate in the European Union. The Baltic eurozone state with a population about a third the size of London is now leading the EU in fintech with over 230 companies, according to the Invest Lithuania government agency. About two dozen have links to Britain. One of the first to come after the 2016 Brexit referendum was London-based Revolut bank. “Lithuania is currently a hub for our European operations after Brexit,” Virgilijus Mirkes, CEO of Revolut Bank in Lithuania, told AFP. “We […]
PaymentComponents partners with Codebase Technologies for the MENA region
Codebase Technologies and PaymentComponents have entered into a strategic alliance to further drive the Open Banking in the MENA region.
Open Banking and financial data aggregation leader Envestnet | Yodlee secures CDR accreditation from the ACCC
The CDR accreditation is testament to the Envestnet Yodlee’s commitment to enabling innovation in Australian financial services.
Klarna teams up with Safello to bring Open Banking to the cryptocurrency market
This partnership with Safello, which is Klarna’s first entry into the cryptocurrency market, marks a new era in financial innovation.
Funding Societies achieves S$2 billion in SME lending
Funding Societies, Southeast Asia’s largest SME digital financing platform, announced that it has achieved S$2 billion in SME lending across the region.
Thrive breaks crowdfunding record with A$1 million raise in under 3 hours
Thrive has broken Birchal’s own equity crowdfunding record by hitting $1 million in just 2 hours and 29 minutes.
Paddle launches Paddle Pilot to boost payment acceptance for fast-growing B2B SaaS companies
Paddle announce the launch of Paddle Pilot, a new set of features that helps businesses increase their payment acceptance and capture more revenue.
Has the pandemic accelerated digital transformation?
Lockdown hasn’t just been about bringing the deadline forward on digital transformation projects, it has amplified the need for them.
