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Distributed ledger startup Ripple has added a new client to its global settlements platform, RippleNet. UK-based remittance firm, Xendpay, announced a partnership with Ripple that allows the firm to enter new markets like the Philippines, Bangladesh, Malaysia, Vietnam, Indonesia, and Thailand. According to a statement published August 21, RippleNet supports currencies that were previously inaccessible to the remittance firm.…
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The UK tech sector has attracted more foreign investment in the first seven months of 2019 than it did during the whole of last year, according to latest industry figures, and has overtaken the US for foreign investment, per capita. Research prepared for the Digital Economy Council by Tech Nation and Dealroom.co shows that between January and July this…
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The new wave of FinTech companies that have begun to produce high profile alternatives to traditional banks and electronic financial services companies have absolutely captured the limelight over the past two to three years, resulting in a dynamic which is very unusual in the financial sector, that being vast investment from venture capital funds into…