Intelligent Fin.tech Issue 33 | Page 22

FOLLOWING THE MONEY
FOLLOWING THE MONEY
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CANADA

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GERMANY

Canadian FinTech Nuvei has launched direct acquiring capabilities in Canada, enabling merchants to process payments domestically without third‐party processors. This move, announced on 30 June, is expected to increase approval rates and help Nuvei solidify its presence in its home market ahead of its Canada Day celebrations.
Germany’ s state-backed bank KfW has issued its first native digital bond – a CHF 140 million debut – on Switzerland’ s SIX Digital Exchange. The move marks a milestone in Blockchain‐based bond issuance and demonstrates Germany’ s commitment to leveraging digital securities infrastructure.
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