January 19, 2025 @ 8:26 pm By JD Alois  |  

Swiss digital asset bank Sygnum is reporting a $58 million funding round at a $1 billion valuation. According to Sygnum, the funding round was oversubscribed. The lead investor was Bitcoin-focused VC Fulger Ventures. Others participating in the ournd include new and existing investors as well… Read More

January 19, 2025 @ 8:17 pm By Omar Faridi  |  

Around a year after introducing the trading and custody of cryptocurrencies, PostFinance is expanding its offering to include the “staking” function. The banking services provider said this means that passive income can now be “generated by depositing cryptocurrencies.” PostFinance claims it is the first “systemically… Read More

January 19, 2025 @ 8:16 pm By Omar Faridi  |  

10x Banking, the cloud-native meta core banking platform, and DLT Apps, a firm focused on solutions for data migration, have partnered to leverage AI to set a standard in the banking industry’s digital transformation efforts. This partnership offers a migration journey from legacy and non-legacy… Read More

January 19, 2025 @ 8:14 pm By Omar Faridi  |  

Bluprynt, the provider of crypto disclosure solutions, and the Avalanche Foundation announce the launch of new tools to enable the publishing of EU compliance documents on-chain. Through an integration with the Avalanche public blockchain, the firms are enabling token offerors such as “issuers and crypto-asset… Read More

January 19, 2025 @ 8:13 pm By Omar Faridi  |  

Novobanco and Nasdaq (Nasdaq: NDAQ) announced the expansion of their tech partnership, which will see novobanco expand its use of Nasdaq’s Calypso platform to support the bank’s capital market operations. Novobanco, a Portuguese independent domestic bank, has used the solution to conduct back-office processing for… Read More

January 19, 2025 @ 8:12 pm By Omar Faridi  |  

IG Group Holdings plc is pleased to announce the acquisition of Freetrade, the fast-growing, commission-free, self-directed investment platform, for £160 million. The transaction will strengthen IG’s UK trading and investments offering and provide “access to new customer segments and capabilities.” Breon Corcoran, CEO of IG… Read More

January 19, 2025 @ 2:42 pm By Omar Faridi  |  

Inclusive global payments platform, Ecommpay has launched a new design tool enabling merchants to tailor the payment experience to maximize customer conversion. The functionality allows for customization of any part of a payment page layout as well as “providing CSS and A/B testing for optimized performance.”… Read More

January 19, 2025 @ 2:11 pm By Omar Faridi  |  

Crypto.com has become the first major global crypto asset service provider to announce securing an in-principle MiCA license. Eric Anziani, President and COO, Crypto.com said: “We have always been fully supportive of MiCA and strongly believe it will bring clarity, transparency, and establish a more… Read More

January 19, 2025 @ 2:08 pm By Omar Faridi  |  

Reown (formerly known as WalletConnect) announced it has closed a $13 million Series B funding round. Known as the builders of the WalletConnect Network, Reown is leading the charge in improving onchain UX. The investment round was led by USV and 1kx and also “included… Read More

January 19, 2025 @ 10:18 am By Omar Faridi  |  

ClearBank the enabler of real-time clearing and embedded banking, today announced its partnership with Airwallex, a payments and financial platform for businesses. Through this collab, Airwallex will leverage ClearBank’s agency banking solution to “enhance its UK offering with virtual business accounts, GBP collections, and Confirmation of… Read More

January 19, 2025 @ 10:16 am By Omar Faridi  |  

Agant, creator of a new GBP stablecoin (GBPA), has selected Archax, the regulated digital asset exchange, broker and custodian, as its partner to handle the custody of its underlying assets. The British pound digital currency will initially be available on the Ethereum, Avalanche and Solana… Read More

January 19, 2025 @ 10:15 am By Omar Faridi  |  

Italy’s largest bank has embraced Bitcoin, which may be considered a key milestone in financial evolution. In a significant development for crypto adoption, Intesa Sanpaolo, Italy’s largest banking group, has recently acquired 11 BTC worth €1 million, marking the first instance of an Italian bank… Read More

January 19, 2025 @ 10:14 am By Omar Faridi  |  

Sol Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, is announcing the launch of its new mobile application from Orangefin Ventures LLC, a recent acquisition and provider of non-custodial staking solutions known for performance and security…. Read More

January 19, 2025 @ 7:09 am By Michael Wong  |  

Revelstoke Capital Partners has made a strategic investment in Omega Systems, marking the eighth investment under its Revelstoke Capital Partners Fund III, the private equity firm announced. Omega, recognized as one of the 25 fastest-growing IT service providers in North America in 2024 by CRN,… Read More

January 18, 2025 @ 4:56 pm By Tony Zerucha  |  

This week, KCB Bank Kenya and UnionPay International partnered to enhance e-commerce payment capabilities in Kenya, enabling UnionPay cardholders to transact on digital platforms. This collaboration is aimed at enriching the online shopping experience for consumers and merchants across Kenya. “We are delighted to join hands with UnionPay… Read More

January 18, 2025 @ 1:37 pm By Omar Faridi  |  

CyberCube, the global firm focused on cyber risk analytics, has released its 2025 Predictions Report, offering insights into the dynamics of the cyber (re)insurance market. The report identifies trends and challenges shaping the sector in the year ahead. As noted in the update from CyberCube:… Read More

January 18, 2025 @ 1:11 pm By Omar Faridi  |  

Olé Life, a Latin American insurtech company, announced that it has raised $13 million in Series B funding, led by PayPal Ventures with participation from Mundi Ventures, AV8 and Advent Morro. Olé Life explained that is focused on redefining how families access and experience financial… Read More

January 18, 2025 @ 12:55 pm By Omar Faridi  |  

Regtech ComplyAdvantage noted that organized crime—coordinated criminal enterprises profiting from a range of illegal activities—plays “an increasingly dominant role in global criminality.” Regtech ComplyAdvantage pointed out that what’s more, it is shaping much of the “global political agenda.” From Donald Trump threatening to issue sweeping… Read More

January 18, 2025 @ 12:54 pm By Omar Faridi  |  

Accenture (NYSE: ACN) and Meiji Yasuda Life Insurance Company have signed an agreement to collaborate on a comprehensive corporate transformation initiative that will use artificial intelligence (AI) to “reinvent how Meiji Yasuda’s workforce operates.” Under the multi-year agreement, until March 2030, Accenture will help Meiji… Read More

January 18, 2025 @ 12:53 pm By Tony Zerucha  |  

Cryptocurrency ETFs attracted industry attention this week as participants await the influences of Donald Trump’s inauguration and the potential approval of a Solana ETF. Impossible Cloud Network co-founder Kai Wawrzinek said VanEck’s newly proposed Onchain Economy ETF could make crypto’s bull-bear rollercoaster a thing of… Read More