Mubadala Invests in Revolut, Valuing Fintech at $45bn

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Abu Dhabi’s sovereign wealth fund, Mubadala, has taken its first stake in London-based Fintech company Revolut, participating in a share sale that valued the firm at $45 billion. Revolut is one of the largest crowdfunding success stories. During its early days, the company raised money… Read More

 

 




DLT Science Foundation Announces MiCA Crypto Alliance

The DLT Science Foundation (DSF) is launching the MiCA Crypto Alliance, which is backed by Hedera, Ripple, and the Aptos Foundation. MiCA or Markets in Crypto Assets regulation is a relatively new law approved by the European Union. It aims to create a regulated space… Read More

OurCrowd: Israel’s Most Active Venture Capital Fund

For years, OurCrowd has consistently ranked as a top venture capital fund in Israel. In a recent report issued by KPMG, OurCrowd was once again highlighted as the most active large VC in Israel during the first half of 2024. OurCrowd is an online investment… Read More

Stablecoin Issuer Circle Collaborates with Sony Block Solutions Lab

Stablecoin issuer Circle has revealed a collaboration with Sony Block Solutions Labs. According to a release, the partnership aims to boost innovation in decentralized tech on Soneium, a public  Ethereum Layer-2 blockchain ecosystem. USDC, Circle’s dollar-based stablecoin, will be integrated into Soneium. Circle explains that… Read More

New Bill Introduced in UK Parliament to Clarify Bitcoin and Crypto’s Legal Status

Tech-savvy owners of Bitcoin and other digital assets will benefit from greater legal protection thanks to an important clarification to the law. This, according to an update released this past week by the UK government. The Property (Digital Assets etc) Bill, introduced in Parliament, will… Read More

Janus Henderson Investors to Partner with Anemoy and Centrifuge on New Tokenized Fund

Janus Henderson Investors is pleased to announce that it will be entering into a new strategic partnership with Anemoy Limited and Centrifuge to manage Anemoy’s Liquid Treasury Fund (LTF), a fully on-chain, tokenized fund issued on Centrifuge’s public blockchain that provides investors with direct access… Read More

Younger UK Consumers are Building Positive Savings Habits, Seeking Ways to Create Secure Financial Future – Report

Despite the financial pressures facing young people, NatWest’s latest Savings Index reveals younger generations are building positive savings habits, breaking traditional taboos around talking about money, and “seeking innovative ways through social media to create a more secure financial future.” Almost nine in ten (86%)… Read More

UK’s Digital Bank Zopa Tops £5 Billion in Customer Deposits

UK’s digital bank Zopa has surpassed £5 billion in customer deposits. The update from Zopa Bank comes four years after getting its banking licence and four months after exceeding its £4 billion deposits milestone. The milestone reflects the convenience, accessibility and competitive rates offered with Zopa… Read More

UK Business Activity Increased for First Time in Three Months – Report

August saw business activity rise universally across the UK for the first time in three months, the latest NatWest Regional Growth Tracker showed. The Business Activity Index is the first fact-based indicator of regional economic health released each month, “tracking the monthly change in the… Read More

Bangladesh’s Pathao Secures $12m in Pre-Series B Funding, Expands Into Fintech

Bangladeshi consumer technology provider Pathao has announced raising $12 million in a pre-Series B funding round as the company shifts its focus towards fintech. The latest investment brings Pathao’s total capital raised to over $50 million, marking the largest pre-Series B funding for any Bangladeshi… Read More

TeleMoney, the International Remittance Unit of Arab National Bank, Joins Thunes Direct Global Network

Thunes, the Smart Superhighway for money movement around the world, announces a strategic alliance with TeleMoney, the International Remittance arm of Arab National Bank (ANB). This collaboration marks a significant milestone, “as TeleMoney’s membership in the Thunes Direct Global Network underscores the growing trust that… Read More




Wormhole Brings World ID to Solana as World ID Integrations Increase Internationally

Wormhole brings World ID to Solana as new World ID integrations take off globally. Interoperability platform Wormhole, a recipient of the Worldcoin Community Grants Wave, has successfully “completed its efforts to bring World ID to Solana, enabling builders on the layer 1 blockchain to join… Read More

Northern Trust Introduces Digital Solution for Institutional Voluntary Carbon Credits

Northern Trust (Nasdaq: NTRS) has announced the formal launch of The Northern Trust Carbon Ecosystem with the first live transactions on the blockchain-based platform which enables institutional buyers to digitally access carbon credits from leading project developers. The official live transactions were initiated by Water… Read More

Dalmore Group Touts Ability to Work with Issuers to Enable a Compliant Sales Force for Offerings

Dalmore Group, a broker dealer that specializes in assisting firms in raising money online in private securities offerings, has been touting its ability to help issuers add qualified sales people to improve their ability in raising funds. Dalmore is one of the largest platforms enabling… Read More

Checkout.com and Merchant Risk Council Introduce Initiative to Combat Fraud and Cybersecurity Threats

Checkout.com, a global digital payments provider, announced the launch of an online course in partnership with the Merchant Risk Council (MRC) to help payment professionals combat fraud and cybersecurity threats. Debuted at MRC San Diego, ‘Fraud Essentials’ is the second in “a series of online… Read More

Ebury and Salt Edge to Expand Open Banking Presence in the EU and UK

Ebury, a global fintech company specializing in payments and collections, FX risk management and business lending, will partner with Salt Edge, an open banking solution provider, to integrate its PSD2 APIs. This collaboration will enable both companies to “enhance visibility and attract new customers while… Read More

Binance Labs Invests in OpenEden to Enable Growth of Tokenized Real-World Assets (RWAs) in DeFi

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (RWA) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a… Read More

Metabase Q Adds ZeroAPT Mitigator to Batuta, Raises $11m in Series A Extension

IT cybersecurity firm Metabase Q has introduced ZeroAPT Mitigator to its Batuta platform, enhancing proactive security measures for its enterprise clients. Batuta, which monitors and manages remote endpoints and cybersecurity technologies, now allows organizations to further reduce the risk of cyberattacks by utilizing the latest… Read More

U.S. Fintech Sorbet Expands Nationwide with Bank Partnership

Sorbet, a US Fintech offering employees access to the monetary value of their unused paid time off (PTO), has launched its services nationwide. This expansion follows a strategic partnership with Lead Bank, a key player in providing financial services to fintech companies. The timing of… Read More

UK Jobs Market Report: Permanent Pay Growth Weakest in Five Months

The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, signalled a softening of UK labour market conditions during August. Latest data showed that permanent placements “continued to fall, and at an accelerated pace, amid reports of reduced demand amongst companies for… Read More

Mastercard Invests in Defense of Digital Economy with Acquisition of Recorded Future

Mastercard (NYSE: MA) expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion. The acquisition bolsters the insights and intelligence used “to secure today’s digital economy – in the payments ecosystem and beyond.” Recorded… Read More

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