Private Credit Markets Are Booming. Should You Invest? Nelson Chu, Founder and CEO of Percent, a Marketplace for Private Credit Shares Insight to Asset Class

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Private Credit is a growing market in the US and globally. A recent estimate places the US market at over $1.25 trillion. While still relatively small in comparison to bank lending and the bond market, private credit is an asset class that is gaining popularity… Read More

 

 




Tezos Powered Tokenization Platform Fraktion Raises ā‚¬1.1 Million in Seed Funding, Targets Real Estate

Fraktion is a tokenization and securities crowdfunding enabler that is powered by Tezos.Ā  The France-based company recently announced Seed funding of ā‚¬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

abrdn Finalizes New Infrastructure Fund, Will Support European Growth Strategy

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

Bitcoin Mining Firm Riot Platforms Shares Updates Including Formal Evaluation of AI and HPC Uses

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 ā€œBoardā€). The three directors were selected through “a process conducted by the Boardā€™s Governance… Read More

Millennials Doubt Trump Affordability Promises: Piere Study

An anonymous study of 35,000 users of the finance app Piere suggests Millennials doubt President Donald Trumpā€™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

EU-UK Financial Regulatory Forum Discusses AI, Crypto

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

Generative AI has Permanently Altered the Fraud Landscape – Report

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

Blockstream Establishes Tokyo Office to Enable Bitcoin Adoption in Asian Markets

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

SyndicateRoom Touts 11X Increase in Valuation for Portfolio Firm

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

Digital Bank Revolut Provides Services for Ukrainian Residents, Begins Donation Campaign

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

UK Firms Report Sharp Increase in Prices and Costs as New Year Opens for Business

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




HeavyFinance Reports Steady Inflow of Investments with ā‚¬3.29M Committed in January

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

Digital Assets Firm BitGo Is Reportedly Considering an IPO

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-focusedĀ  companies that are now anticipating more support for their ongoing plans from regulatory authorities. The Palo… Read More

Shyft Network Expands India Crypto Market Operations with Unitic Collaboration

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

Monetary Authority of Singapore (MAS) and ABS to Form Payments Entity

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-stateā€™s national payment schemes in a concerted effort to “position these schemes for the… Read More

MENA Region Fintech Tabby Announces $160M Series E

Tabby, the MENAā€™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

Small Businesses in Canada Facing Lingering Payment and Economic Challenges – Report

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

Financial Advisor Platform Datalign Celebrates $9M Seed

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 toĀ $9 millionĀ on a post-money valuation ofĀ $75 million. The capital enables Datalign to further accelerate the development of AI… Read More

Policy to Cap Credit Card Interest Rates is Wrong and a Form of Price Control. The Market Always Wins.

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

PayPal Now a Checkout Option for US based Cruise Reservations Operated by Norwegian Cruise Line

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 CruisesĀ® and Regent Seven Seas Cruises, can… Read More

EuroCrowd Adopts a New Structure Aimed at Creating a “More Sustainable, Member-driven Approach”

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

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