April 15, 2025 @ 10:01 pm By Omar Faridi  |  

GXS Bank announced that it has received regulatory approval to acquire Validus Capital Pte Ltd, the Singapore subsidiary of Validus Investment Holdings Pte Ltd. This is the first such acquisition of a local financial technology company “by a homegrown digital bank in Singapore.” Validus Capital… Read More

April 15, 2025 @ 5:17 pm By Omar Faridi  |  

C2FO, the world’s on-demand working capital platform, has announced the completion of a $30 million funding round with the International Finance Corporation (IFC), a member of the World Bank Group, and existing shareholders. This infusion of capital will help accelerate the “technical development and expansion… Read More

April 15, 2025 @ 11:40 am By Omar Faridi  |  

Brazil’s digital bank Nubank (NYSE: NU), continues to redefine banking with a series of  initiatives unveiled this month. From debt renegotiation campaigns to marketing and new financial products in Brazil and Mexico, Nubank is doubling down on its mission to simplify finance, promote inclusion, and… Read More

April 15, 2025 @ 10:15 am By Omar Faridi  |  

Gradient Labs is an AI company that has built (what they claim to be) the only safe AI customer service agents for regulated industries, including financial services, fintech, and insurance. While AI-powered customer service isn’t new, regulated industries have been left behind due to strict… Read More

April 15, 2025 @ 8:23 am By Omar Faridi  |  

Tapcheck, an on-demand pay provider, announced it has raised $225 million in combined equity and debt financing. This latest investment round reportedly includes a $25 million Series A extension round led by existing investor, PeakSpan Capital, and a $200 million credit facility provided by Victory… Read More

April 15, 2025 @ 8:17 am By Omar Faridi  |  

Tether, which claims to be the largest company in the digital assets industry, announced its intention to deploy both existing and future hashrate on OCEAN, a Bitcoin mining pool focused on decentralization and launched by long-time Bitcoin Core developer Luke Dashjr. This strategic move strengthens… Read More

April 15, 2025 @ 8:14 am By Omar Faridi  |  

Kraken, which claims to be one of the longest standing and most secure cryptocurrency platforms, announced the initial rollout of commission-free trading for over 11,000 U.S.-listed stocks and ETFs to “clients in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama and the… Read More

April 15, 2025 @ 8:05 am By Omar Faridi  |  

BKN301 Group, a global fintech that is focused on Banking-as-a-Service (BaaS), is pleased to announce the successful closing of a €21.5 million capital increase as part of its Series B funding round. This significant milestone will fuel the company’s international expansion, both through “organic growth… Read More

April 15, 2025 @ 8:00 am By Omar Faridi  |  

BBVA has granted £15m in venture debt to Plum, reaffirming its role as a key lender to the UK’s entrepreneurial ecosystem, which is considered to be an important region in its broader strategy. In line with this, last October the banking institution had reportedly “set… Read More

April 14, 2025 @ 11:11 pm By Omar Faridi  |  

21Shares AG, one of the world’s largest issuers of crypto exchange-traded products (ETPs), has formed a partnership with the House of Doge to create the only Dogecoin ETP endorsed by the Dogecoin Foundation, which will be listed on SIX Swiss Exchange. This collab marks a… Read More

April 14, 2025 @ 11:09 pm By Omar Faridi  |  

PayFuture Group, a payment provider specializing in emerging markets, has secured an Electronic Money Institution (EMI) license by the Malta Financial Services Authority (MFSA) under the entity PayFuture FS MT Ltd. The license approval marks a key milestone in PayFuture Group’s growth strategy, enabling EU… Read More

April 14, 2025 @ 10:13 pm By Omar Faridi  |  

In a significant move to enhance the UK’s financial infrastructure, the Bank of England has released its response to a February 2024 discussion paper on reviewing access to Real-Time Gross Settlement (RTGS) accounts for settlement. The response outlines the Bank’s commitment to expanding RTGS access,… Read More

April 14, 2025 @ 10:10 pm By Omar Faridi  |  

Northern Trust (Nasdaq: NTRS) released “Asset Owners in Focus: Global Asset Owner Peer Study 2025,” offering insight into the investment and operations strategies employed by institutional investors to meet challenges ranging from “rising market volatility and evolving regulations to accelerating technological changes.” Based on a… Read More

April 14, 2025 @ 9:16 pm By Omar Faridi  |  

Seb Vanhecke, Chief Product Officer of European fintech Rydoo, has commented on on the rise in employee expense fraud due to AI-generated fake receipts and the end of the fiscal year causing finance teams to become overwhelmed “with higher priority tasks, meaning routine tasks such… Read More

April 14, 2025 @ 9:08 pm By Omar Faridi  |  

A research paper from ThruHQ, entitled, “Egyptian B2B directory” unveils what appears tobe a “significant disconnect” in Egypt’s online business-to-business sector. The latest research findings, which are said to be derived from the curation of ThruHQ‘s initial batch of listings, indicate that while “95% of… Read More

April 14, 2025 @ 9:07 pm By Omar Faridi  |  

OKX announced their partnership with Komainu, a regulated digital asset custodian, and Atitlan, a UK-based crypto wealth manager. This collaboration enables Atitlan to trade 24/7 on the OKX platform while its bitcoin assets “remain securely held in segregated custody by Komainu.” It’s a major milestone… Read More

April 14, 2025 @ 9:06 pm By Omar Faridi  |  

The CommBank Household Spending Insights (HSI) Index rose 0.9 per cent in March, buoyed by a lift in recreation and hospitality spending off the back of Melbourne Grand Prix and the return of the winter football codes. Modest gains were seen across all 12 spending… Read More

April 14, 2025 @ 3:45 pm By Omar Faridi  |  

In the first quarter of 2025, Chainlink continued to solidify its position as a key player in the web3 and blockchain ecosystem, achieving progress in product development and global adoption. The Chainlink Quarterly Review for Q1 2025 highlights two primary focuses: delivering products and integrations… Read More

April 14, 2025 @ 3:44 pm By Omar Faridi  |  

The FINRA Investor Education Foundation (FINRA Foundation) released preliminary findings from the National Financial Capability Study, which will be published in July. The FINRA Foundation is previewing the data this month—National Financial Capability Month—to “provide insight into the overall financial knowledge of adults in the… Read More

April 14, 2025 @ 8:17 am By Omar Faridi  |  

To help organizations implement and secure identity access controls for AI agents, CyberArk (NASDAQ: CYBR), the global firm focused on identity security, is working with Accenture (NYSE: ACN) to integrate Accenture’s AI Refinery with its AI-powered Identity Security Platform. This integration will provide clients with… Read More