Author: Marin

Huobi Global, one of the world’s leading digital asset exchanges, announced today the launch of its fifth Primelist event, offering preferential access to new DeFi project, Rikkei Finance, and its token RIFI. A metaverse DeFi protocol, Rikkei Finance enables safe and secure open lending, featuring cross-chain support, NFT lending and liquidation coverage. Rikkei Finance tackles a common problem with lending protocols, many of which can only lend assets on a specific blockchain. To solve this problem, it offers cross-chain transactions, using wrapped tokens. Rikkei Finance also implements an improved interest rate model, which incorporates the cost of borrowing from periods…

Award-winning RegTech firm Suade Labs, specialising in automating regulatory compliance for financial institutions through modern technology, has added TD Securities to its client portfolio TD Securities partnered with Suade  to implement regulatory reporting solutions for its Dublin entity. In addition, they have completed the MAS 610 and 1003 reporting requirements for their Singapore entity. They continue to expand on regulatory reporting and risk use cases with Suade across their global footprint including SA-CCR. TD Securities is a Canadian investment bank and financial services provider that offers advisory and capital market services to corporate, government, and institutional clients worldwide. The firm…

The First Pre-revenue Bank in History to Attain a $1.1bn Valuation The Bank of London today launches as the 6th principal clearing bank of the United Kingdom (UK), with a mission to lift communities and power the borderless economic infrastructure of the future. Led by an executive team of industry pioneers and a board of renowned global leaders, the bank enters the market with a $1.1 billion valuation, making it the first pre-revenue bank in history to attain ‘unicorn’ status upon debut. – The Bank of London received its first bank licence as the 6th principal clearing bank of the…

UPL’s ESG risk score of 24.9 reflects the best score of global crop protection companies, following significant year-on-year improvement UPL Ltd. (NSE: UPL) ( BSE: 512070) has been ranked by Sustainalytics as the highest performing top-tier global crop protection company for overall sustainability performance in the 2021 ESG Risk Rating. With significant improvements across multiple categories, this achievement recognises the work that UPL is doing to Reimagine Sustainability within the global food system. Sustainalytics provides environmental, social and governance (ESG) research, ratings, and data to institutional investors and companies, and produces an annual report into the sustainability performance of companies…

The strategic investment will support growth and market expansion for the ground-breaking RegTech firm. Suade Labs, a globally recognised leader in financial and regulatory technology, has raised a Series A funding round. The fundraising was led by Glenn Hutchins, as well as other strategic investors. As Chairman of North Island, Co-founder of Silver Lake and former board member of the Federal Reserve Bank of New York, Glenn Hutchins brings a wealth of experience to the Company in the financial and regulatory technology space. Mr Hutchins will join the Company’s Board of Directors. Eugene Ludwig, Founder and Chairman of Promontory Financial…

One of Vietnam’s fastest growing digital banks Cake has announced a new partnership with BPC ‘s leading payment processing provider firm Radar Payments, as it plans to scale its offering towards a full suite of digital banking services. This collaboration will see BPC provide the end-to-end payment experience that is core to Cake’s unique concept as a customer-centric bank with the goal of building a simple, trusted, and socially delightful digital bank. Started in January 2021, Cake is a collaboration between Be Group (the organisation behind Vietnam’s ‘Be’ ride-hailing app) and one of leading Vietnam banks VPBank. The bank is…

Link Financial Group (“Link”), part of LC Financial Holdings, has today announced the completion of their acquisition of 100% of the shares of Obligo S.A., the Polish credit management company based in Lodz (“Obligo”). Obligo has a 20-year track record and deep experience in the industry having serviced more than 400,000 cases with a nominal value exceeding 1.7 billion PLN across performing and non-performing assets. The company will continue to operate from its headquarters in Lodz and an office in Wroclaw, and will be managed by the same experienced senior team. Commenting on the announcement Selina Burdell, COO at Link…

Appian agrees sale of wholly owned Atlantic Nickel and Mineração Vale Verde to Sibanye-Stillwater for: An additional 5.0% NSR royalty on production from the underground expansion at Atlantic NickelTransaction demonstrates Appian’s ability to identify and deliver on opportunities for value creation in the mining sector,generating outsized returns for its investors In 2018, Appian acquired Atlantic Nickel out of bankruptcy for US$68 million and Mineração Vale Verde for US$40 million Atlantic Nickel has since executed a successful restart of operations, delivered first quartile C1 cost performance, and defined an underground Resource extending mine life to 35 years Mineração Vale Verde has…

Highlights – Appointment of Frank Fannon strengthens Appian’s senior team – Frank will be a Senior Geostrategy Advisor to the Company, providing expertise on prospective and current investments as well as government affairs – Brings significant business and public affairs experience, having been a senior official for the U.S. Government including “America’s Energy Diplomat” Appian Capital Advisory LLP (“Appian” or the “Company”), the investment advisor to long-term value focused private equity funds that invest solely in mining and mining related companies, announces the appointment of The Honorable Frank Fannon as a Senior Geostrategy Advisor (“SGA”), based in Washington D.C. As…

In a unique offering, Economist Impact brings together a 75-year heritage of evidence-based policy research with the creativity of a trusted media brand to engage an unrivalled global audience of influential executives. Economist Impact delivers the insight, innovation and influence decision makers need to catalyse progress in our rapidly evolving world. Together with its partners, Economist Impact drives the conversation around three key areas of systemic transformation — sustainability, health and the changing shape of globalisation — and is already designing multi-year partnerships for a spectrum of clients, with a global stage enabling them to play a leading role. Examples…