February 14, 2025 @ 2:22 pm By JD Alois  |  

Fraktion is a tokenization and securities crowdfunding enabler that is powered by Tezos.  The France-based company recently announced Seed funding of €1.1 million, backed by Tezos as well as Cabrit Capital, Vox Capital, and other angel investors. Fraktion is focusing on real-world assets, specifically real… Read More

February 14, 2025 @ 2:04 pm By Omar Faridi  |  

abrdn announces the final closing of its third core/core+ infrastructure fund, ASCI III. Focused on direct investments in European small to mid-market core and core+ infrastructure opportunities, the Fund builds “on the success of Funds I and II, and related co-investment vehicles.” The Fund has… Read More

February 14, 2025 @ 2:04 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant focused on vertically integrated Bitcoin mining, announced the appointment of Jaime Leverton, Doug Mouton and Michael Turner to its Board of Directors (the “Board”). The three directors were selected through “a process conducted by the Board’s Governance… Read More

February 14, 2025 @ 2:02 pm By Tony Zerucha  |  

An anonymous study of 35,000 users of the finance app Piere suggests Millennials doubt President Donald Trump’s cost-of-living promises as credit debt rises and milestones are delayed, a new report finds. Five out of six do not expect him to reduce their cost of living…. Read More

February 14, 2025 @ 1:59 pm By JD Alois  |  

The EU-UK Financial Regulatory Forum met this past week in London. The entity aims to pursue regulatory cooperation while preserving financial stability and protecting participants. The event was co-chaired by HM Treasury, and the Director General for Financial Services and the European Commission Director General… Read More

February 14, 2025 @ 12:35 pm By Omar Faridi  |  

Experian‘s research ‘Proactive Defense: Tackling Evolving Fraud Threats’ conducted by Forrester Consulting, surveyed more than 400 senior fraud professionals and decision makers across different countries, such as India, Norway, Denmark, Spain, Italy, the Netherlands and Germany. As mentioned in the update from Experian, a notable… Read More

February 14, 2025 @ 12:35 pm By Omar Faridi  |  

Blockstream, the firm focused on Bitcoin-powered financial infrastructure, is expanding its footprint with the opening of a Tokyo office, marking an advance in Bitcoin’s evolution in Japan and across Asian markets. Partnering with Diamond Hands, Japan’s Bitcoin strategic consultancy, and Fulgur Ventures, an investor in… Read More

February 14, 2025 @ 11:00 am By JD Alois  |  

SyndicateRoom, an online investment platform that was recently acquired, has distributed an email touting a portfolio company that has experienced an 11X increase in valuation. SyndicateRoom offers access to private firms via a portfolio model. The company tracks the most successful professional investors to help… Read More

February 14, 2025 @ 9:27 am By Omar Faridi  |  

Revolut, the global financial app claiming more than 50 million customers worldwide, has announced expansion of its services to Ukrainians along with a new international donation campaign for Ukraine. Starting now, Ukrainian residents will be able to open a European Revolut account and experience “an… Read More

February 14, 2025 @ 8:19 am By Omar Faridi  |  

Four of the 12 UK nations and regions recorded business activity growth in January, according to the NatWest Growth Tracker. The NatWest Regional Growth Tracker Business Activity Index is described as the “fact-based indicator of regional economic health, tracking the monthly change in the output… Read More

February 14, 2025 @ 7:53 am By Omar Faridi  |  

HeavyFinance has shared its latest performance review. In January, HeavyFinance says that it saw “a strong inflow of investments, with a total of €3.29 million committed.” Meanwhile, HeavyFinance pointed out that € 3.34 million was used “to completely finance 78 farmer loans during the month.”… Read More

February 14, 2025 @ 7:52 am By Omar Faridi  |  

BitGo Inc. is reportedly considering a potential initial public offering, according to sources familiar with the matter. BitGo might be getting ready to join a number of other crypto-focused  companies that are now anticipating more support for their ongoing plans from regulatory authorities. The Palo… Read More

February 13, 2025 @ 10:06 pm By Omar Faridi  |  

Shyft Network continues to expand its presence in India’s crypto market, announcing a partnership with Unitic for the integration of Veriscope‘s compliance solutions. The partnership comes as India‘s crypto sector continues to develop, blending traditional finance practices “with digital asset innovation in one of the… Read More

February 13, 2025 @ 10:04 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced that a new entity will be set up to consolidate the administration and governance of the city-state’s national payment schemes in a concerted effort to “position these schemes for the… Read More

February 13, 2025 @ 9:10 pm By Omar Faridi  |  

Tabby, the MENA’s financial services and shopping app, has reportedly raised $160 million in a Series E round at “a $3.3 billion valuation.” The latest investment round was led by existing investors Blue Pool Capital and Hassana Investment Company, and also drew “additional participation from… Read More

February 13, 2025 @ 5:14 pm By Omar Faridi  |  

Xero, a global small business platform, has released its quarterly Xero Small Business Insights (XSBI) data for Canada, providing a comprehensive snapshot of the health of the small business sector. The latest data, which covers the period from July to September 2024, reveals that while… Read More

February 13, 2025 @ 5:13 pm By Tony Zerucha  |  

Datalign, an AI platform matching consumers with leading financial advisors, this week announced a $5 million investment from Link Ventures. That brings their total investment in Datalign to $9 million on a post-money valuation of $75 million. The capital enables Datalign to further accelerate the development of AI… Read More

February 13, 2025 @ 4:14 pm By JD Alois  |  

Price Controls Rarely Work. The Free Market is a Better Option. There have been multiple proclamations from various policymakers regarding the need to cap credit card rates. Unfortunately, forcing credit card issuers to cap interest rates charged to users will accomplish little good while harming… Read More

February 13, 2025 @ 3:28 pm By Omar Faridi  |  

PayPal Holdings Inc. (NASDAQ: PYPL) announced the addition of PayPal as a checkout option for all U.S.-based cruise reservations operated by Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). Now, travelers looking to cruise with Norwegian Cruise Line, Oceania Cruises® and Regent Seven Seas Cruises, can… Read More

February 13, 2025 @ 12:49 pm By JD Alois  |  

In a recent email, EuroCrowd announced it was adopting a new operational structure for the group. EuroCrowd is the leading voice in Europe supporting the securities crowdfunding sector. Several years ago, the ECSPR, or European Crowdfunding Service Providers regulation, was adopted by the EU. This… Read More