INVEX Banco Launches Mexico-Based Neobank Now
INVEX Banco, a private Mexican bank with almost 30 years of operations in the market, has introduced the fully-digital neobank – Now
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Australia Introduces Classification for Crypto Assets
Australia’s national regulators have identified four major products in the crypto sector.
Egyptian Fintech MNT-Halan Becomes Unicorn
MNT-Halan, one of Egypt’s fastest-growing fintechs, has received $400m in fresh funding. After the completion of additionally discussed investments, MNT-Halan’s valuation will exceed $1 billion
Tencent Expands to Singapore to Facilitate Payments and Services for Chinese Tourists
Chinese tech giant Tencent expands its presence in Singapore with WeChat/Weixin Pay as Covid-19 travel restrictions are lifted
Indonesia Delays Launch of National “Crypto Stock” Exchange
Indonesian government delays launch of the controversial “crypto stock” exchange until risks are properly mitigated.
Binance Signs MoU With Georgia to Promote Cryptocurrency
Binance signs MoU to deliver cryptocurrency infrastructure in Georgia.
Binance-Pegged BUSD Integrates on Ethereum’s Optimism Network
Binance opens deposits and withdrawals for Binance-pegged BUSD on the Optimism Network.
App Strike Expands in Philippines to Grow Cross-Border Payment Solutions
Strike, a bitcoin-based payment network and financial application, is expanding its operations in the Philippines.
Vancity Adds Emission Tracking Feature to Credit Cards
The Canadian financial cooperative, Vancity, has implemented a CO2 emissions tracking feature for credit card holders.
Mizuho Bank Implements Oracle Banking Tech
Mizuho Bank, Ltd., an integrated retail and corporate banking division of Mizuho Financial Group and one of the largest financial institutions in Japan, is upgrading its banking system for international transactions with Oracle.
Zopa Bank Raises £75 Million
Zopa Bank has announced the receipt of financing in the amount of 75 million pounds for the implementation of the next stage of expansion of the scale of activities in the UK market.
Сourt Dismisses Class Action Suit Against Coinbase
U.S. District Court Judge Paul Engelmeier dismissed the class action against Coinbase.
India’s Retail Giant Trials CBDC
Reliance Retail – India’s largest retailer – takes part in the large-scale trial of digital rupee CBDC. The network will start accepting the new payment instrument at its Freshpik store
Klarpay Expands International Payment Offering With 13 New IBAN Accounts
Swiss business payments platform Klarpay adds 13 new currency IBAN accounts to its cross-border payment offering to empower digital businesses to expand their international reach
ECB Reveals Euro Area Lending Trends
January 2023 euro area bank lending survey by European Central Bank (ECB) revealed significant tightening in credit standards for all loan categories along with subdued business loan demand
German DekaBank to Begin Offering Bitcoin
DekaBank has partnered with METACO to provide crypto exposure to institutions.
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