Fintech PR
BitGo Appoints Brett Reeves as Head of European Sales Complementing his Go Network Role
PALO ALTO, Calif., Jan. 15, 2025 /PRNewswire/ — BitGo, the leading digital asset infrastructure solutions provider since 2013, is pleased to announce that Brett Reeves has been appointed Head of European Sales, a role he takes on in addition to his existing position as Head of Go Network. His new title is Head of Go Network and European Sales.
Brett joined in May 2024 and has since then overseen the expansion of BitGo’s presence in Europe, which includes onboarding new clients and partners and expanding the volume and scope of business across multiple jurisdictions within the European Union and UK.
Brett Reeves, Head of Go Network and European Sales, said:
“Since joining BitGo last year, it has been an intense and rewarding journey. Alongside growing the business our focus has been on obtaining the necessary licenses to achieve MiCA compliance, ensuring we are fully prepared for a comprehensive rollout of our Custody, Wallets, Staking, Trading and Financing services across Europe. With a growing team and increasing demand for secure, well-regulated digital asset solutions, we are highly optimistic about the opportunities 2025 holds for us.”
Brett has twenty years’ experience in the financial services industry having worked at Citibank, Nomura and Standard Chartered Bank. His background includes working within Prime Brokerage and OTC teams within the FX and interest rates markets. Most recently Brett was the Head of Business Development at the Bequant, a regulated digital asset Prime Broker.
About BitGo
BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing, and settlement out of regulated cold storage. Founded in 2013, BitGo is the first digital asset company to focus exclusively on serving institutional clients. BitGo is dedicated to advancing a digital financial services economy that is borderless and accessible 24/7. With multiple Trust companies around the world, BitGo is the preferred security and operational backbone for more than 1,500 institutional clients in 50 countries, including many of the world’s top brands, cryptocurrency exchanges, and platforms. BitGo also secures approximately 20% of all on-chain Bitcoin transactions by value and is the largest independent digital asset custodian.
W: https://www.bitgo.uk/
L: https://www.linkedin.com/company/bitgo/
X: https://x.com/BitGo
View original content:https://www.prnewswire.co.uk/news-releases/bitgo-appoints-brett-reeves-as-head-of-european-sales-complementing-his-go-network-role-302350962.html
Fintech PR
BancTrust Announces Strategic Partnership with Anand Rathi to Create a Powerful Bridge Between Global Markets and India’s Economic Powerhouse
LONDON and NEW YORK and MUMBAI, India, Jan. 22, 2025 /PRNewswire/ — BancTrust Investment Bank (BancTrust), a leader in Emerging Markets investment banking, is pleased to announce its strategic partnership with the Anand Rathi Group, one of India’s most respected and research-driven financial institutions.
Founded in 1994, Anand Rathi Group stands as a cornerstone of India’s financial services landscape, distinguished by its research-first approach and deep-rooted understanding of the Indian markets spanning three decades. With an award-winning research team covering over 250 Indian companies across sectors, Anand Rathi provides unparalleled insights into one of the world’s fastest-growing major economies. The firm’s comprehensive presence across wealth management, institutional equities, insurance broking, NBFC, investment banking, corporate finance, and brokerage services is complemented by a network of 4,500+ professionals serving domestic and international clients through multiple offices across India.
This strategic alliance combines BancTrust’s great expertise in diverse Emerging Markets with Anand Rathi’s profound understanding of India’s dynamic market landscape. As India continues its trajectory to become the world’s third-largest economy by 2027, this partnership creates a powerful platform for global investors seeking to participate in India’s growth story while simultaneously offering Indian investors access to diverse opportunities across Latin America, the Caribbean, and the EMEA regions.
Carlos Fuenmayor, CEO of BancTrust, remarked: “This partnership with Anand Rathi represents a significant milestone in our journey, allowing us to bridge the gap between global markets and India’s thriving economy. By combining our global expertise with Anand Rathi’s unparalleled insights into the Indian market, we are poised to deliver exceptional value to our clients and unlock new pathways for cross-border investments.”
“India stands at an inflection point in its economic journey, and global investors are increasingly seeking trusted partners to navigate this dynamic market. Our partnership with BancTrust comes at an opportune time, combining their global emerging markets expertise with our three decades of research excellence and deep-rooted presence in India. This collaboration will create a powerful platform for cross-border investment flows, enabling international investors to participate in India’s growth story while opening global opportunities for our Indian clients. We’re excited to leverage our strong research capabilities and market insights to make this partnership a cornerstone for meaningful investment opportunities across markets,” said Varun Saboo, Head of Institutional Equities, Anand Rathi Group.
About BancTrust
BancTrust & Co. Investment Bank is a leading London-based global emerging markets investment bank that offers corporate and investment banking, securities dealing and financing, investment research products and services to a diversified client base mainly comprised of emerging and frontier markets-based corporations, financial institutions, governments, and dedicated global EM asset managers.
About Anand Rathi Group
Established in 1994, Anand Rathi Group is one of India’s premier financial institutions. With an award-winning research team and a comprehensive suite of services across wealth management, institutional equities, brokerage, and investment banking, Anand Rathi serves domestic and international clients with a commitment to research excellence and market integrity.
For more information, please visit https://banctrust.com and follow us on X at [x.com/BancTrustCo]
Logo – https://mma.prnewswire.com/media/2424270/BancTrust_Logov1.jpg
View original content:https://www.prnewswire.co.uk/news-releases/banctrust-announces-strategic-partnership-with-anand-rathi-to-create-a-powerful-bridge-between-global-markets-and-indias-economic-powerhouse-302357941.html
Fintech
Blocks & Headlines: Today in Blockchain
Trump Meme Coin Sparks Debate on Crypto’s Role in Political Movements
The launch of a Trump-inspired meme coin has reignited discussions about the intersection of cryptocurrency and political movements. While some view this as an innovative way to engage supporters and raise funds, others criticize it as a volatile and unregulated medium.
This development reflects the broader trend of using blockchain for political and social causes, raising questions about regulation, ethics, and the long-term implications of such initiatives.
Source: Axios.com
Central Banks and Stablecoins: A Shifting Landscape
As central banks continue to explore digital currencies, the role of stablecoins in the global financial system is undergoing rapid evolution. According to recent reports, central banks are considering partnerships with private sector players to accelerate the adoption of digital currencies while addressing regulatory concerns.
This collaboration could redefine cross-border payments and financial inclusion, offering a more efficient and accessible alternative to traditional banking systems.
Source: FT.com
Blockchain as a Trust Mechanism in AI
Blockchain technology is emerging as a key tool for building customer trust in AI. By ensuring transparency and traceability in AI decision-making processes, blockchain can address concerns about bias and accountability.
Organizations leveraging blockchain to validate AI outputs are setting new standards for ethical AI, demonstrating how the two technologies can complement each other to foster trust and innovation.
Source: HBR.org
Blockchain’s Role in Global Economies
Blockchain is increasingly being recognized as a transformative force in global economies. From enhancing supply chain transparency to enabling decentralized finance, the technology is reshaping how businesses and governments operate.
Thought leaders emphasize the importance of regulatory frameworks and international cooperation to maximize blockchain’s potential while mitigating risks such as fraud and misuse.
Source: FinanceMagnates.com
True I/O and OroBit: Transforming Real-World Asset Markets
True I/O and OroBit have announced a groundbreaking partnership to bring blockchain security to Bitcoin Layer 2, aiming to revolutionize real-world asset markets. By integrating blockchain’s transparency with Bitcoin’s robust network, the collaboration seeks to create a more secure and efficient market for tokenized assets.
This initiative highlights the growing trend of integrating blockchain with traditional asset markets to enhance security, liquidity, and accessibility.
Source: GlobeNewswire.com
Analysis and Implications
Political Cryptocurrency: A Double-Edged Sword
The Trump meme coin exemplifies how cryptocurrencies can be harnessed for political and social engagement. However, the lack of regulation and high volatility associated with such projects pose significant risks. Policymakers must address these challenges to ensure a balanced approach to innovation and security.
Stablecoins and CBDCs: Partners or Competitors?
The collaboration between central banks and stablecoin providers underscores the need for synergy in the digital currency ecosystem. By working together, they can leverage each other’s strengths to create a more inclusive and efficient global financial system.
Blockchain + AI: A Recipe for Trust
The integration of blockchain with AI represents a promising solution to address issues of transparency and accountability. This synergy could redefine how businesses and consumers perceive and interact with AI technologies, paving the way for broader adoption.
Blockchain’s Economic Impact
The transformative potential of blockchain in global economies cannot be overstated. As adoption grows, it is crucial to establish robust regulatory frameworks to harness its benefits while minimizing risks.
Revolutionizing Asset Markets
The True I/O and OroBit partnership is a testament to blockchain’s ability to disrupt traditional markets. By enhancing security and liquidity, such initiatives can unlock new opportunities for investors and issuers alike.
The post Blocks & Headlines: Today in Blockchain appeared first on News, Events, Advertising Options.
Fintech
Fintech Pulse: Your Daily Industry Brief (Monzo, 24SevenOffice Group AB, Nordiska Kreditmarknadsaktiebolaget, Acquired.com, Swifin, Foxway)
Monzo’s IPO Dilemma: A Clash of Visions
The British digital banking pioneer Monzo finds itself at a critical crossroads as internal debates reportedly flare up over the location of its much-anticipated initial public offering (IPO). According to recent reports, CEO TS Anil and the board are divided, with Anil pushing for a U.S. listing while the board leans towards a London debut.
This conflict underscores a broader trend in fintech—the allure of the U.S. capital markets, with their deeper liquidity pools and tech-savvy investor base, versus the loyalty to home markets. Monzo’s decision will not only shape its financial trajectory but also send a powerful message to the industry about the viability of London as a global fintech hub post-Brexit.
Source: Pymnts.com
Embedded Finance Takes a Leap Forward with 24SevenOffice and Nordiska Partnership
Sweden’s 24SevenOffice Group AB and Nordiska Kreditmarknadsaktiebolaget have teamed up to launch a game-changing embedded finance solution. This strategic collaboration aims to integrate financial services directly into 24SevenOffice’s enterprise resource planning (ERP) system, enabling businesses to access seamless credit and financing options without leaving their operational platforms.
This partnership exemplifies the growing momentum behind embedded finance, a sector poised to redefine traditional banking by embedding financial services into non-financial ecosystems. It highlights how fintechs and traditional financial institutions can leverage synergies to deliver more streamlined, customer-centric solutions.
Source: Cision.com
Acquired.com Welcomes Lee Clifton as COO
In a strategic move to strengthen its leadership, Acquired.com has announced the appointment of Lee Clifton as Chief Operating Officer. Clifton, a former Stripe executive, brings extensive expertise in payments and operational efficiency, making him a valuable asset as the company looks to scale.
Clifton’s appointment signals Acquired.com’s commitment to innovation and growth in a competitive payments landscape. His track record at Stripe—a company renowned for its cutting-edge payment solutions—bodes well for Acquired.com’s ambitions to expand its market footprint and refine its service offerings.
Source: FintechFutures.com
Swifin’s New App Connects Africa to the Global Digital Economy
Swifin, a platform dedicated to fostering financial inclusion, has unveiled a new app designed to bridge the gap between Africa and the global digital economy. The app offers a suite of services, including cross-border payments, digital wallets, and access to a global marketplace.
This initiative reflects the growing importance of fintech in addressing financial exclusion across emerging markets. By enabling individuals and businesses in Africa to participate in the global economy, Swifin is making a significant contribution to economic empowerment and digital transformation on the continent.
Source: Cision.com
Foxway Appoints Chief Digital Officer to Drive Innovation
Foxway, a European leader in sustainable IT lifecycle management, has announced the appointment of a new Chief Digital Officer (CDO). This strategic hire aims to enhance Foxway’s digital capabilities and accelerate its transformation agenda.
The role of a CDO is increasingly vital in the fintech and IT sectors, where digital innovation drives competitive advantage. Foxway’s decision to invest in top-tier digital talent highlights its commitment to staying ahead in a rapidly evolving landscape.
Source: Cision.com
Analysis and Implications
The Growing Divide Between Traditional and Modern IPO Strategies
Monzo’s internal conflict over IPO location is emblematic of a larger dilemma facing global fintechs. The lure of U.S. markets—with their robust tech investor base and higher valuations—is hard to ignore. However, choosing the U.S. could risk alienating a homegrown audience and underscore concerns about London’s waning appeal as a fintech capital. The final decision will likely have far-reaching implications for other UK-based fintechs considering similar moves.
Embedded Finance: A New Frontier
The partnership between 24SevenOffice and Nordiska highlights the transformative potential of embedded finance. By seamlessly integrating financial services into business workflows, this model enhances efficiency and user experience. As more companies recognize its benefits, embedded finance is expected to grow into a trillion-dollar industry, reshaping how businesses and consumers interact with financial services.
Leadership Changes Signal Strategic Shifts
The appointments at Acquired.com and Foxway reflect a broader trend of fintechs and tech companies doubling down on leadership to navigate complex market dynamics. Experienced executives with proven track records, like Lee Clifton, are in high demand as companies aim to innovate and scale effectively.
Bridging Financial Gaps in Emerging Markets
Swifin’s new app is a powerful reminder of fintech’s role in tackling financial exclusion. By offering scalable and accessible solutions, fintechs are driving economic participation in underbanked regions, creating opportunities for millions. This aligns with the global push for financial inclusion and sustainable development.
The post Fintech Pulse: Your Daily Industry Brief (Monzo, 24SevenOffice Group AB, Nordiska Kreditmarknadsaktiebolaget, Acquired.com, Swifin, Foxway) appeared first on News, Events, Advertising Options.
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