March 24, 2025 @ 8:10 am By Omar Faridi  |  

The European Commission has adopted its strategy for the Savings and Investments Union (SIU), a key initiative to improve the way the EU financial system channels savings to productive investments. It seeks to offer EU citizens broader access to capital markets and “better financing options… Read More

March 24, 2025 @ 12:53 am By Omar Faridi  |  

UK’s digital bank Monzo noted that their engineering team has created Monzo Stand-in, which is described as a fully independent backup bank complete with its own data, software, and infrastructure. This system can reportedly become effective / go live instantly during outages, ensuring customers retain… Read More

March 23, 2025 @ 11:52 pm By Omar Faridi  |  

Nordic challenger bank Lunar has announced reaching 1 million users, a significant milestone in its mission to transform the banking experience for individuals and businesses across the Nordics. The achievement of 1 million users highlights Lunar’s growth in the Nordic banking landscape. Ken Villum Klausen,… Read More

March 23, 2025 @ 11:33 pm By Omar Faridi  |  

Trustly, the global Pay by Bank solutions provider, announced that it will now support RIX INST, the instant settlement system of Sveriges Riksbank, the Swedish Central Bank, solidifying Trustly’s position in instant payouts. Representing a key milestone for the company in its home market, Trustly… Read More

March 23, 2025 @ 10:30 pm By Michael Wong  |  

Fintech firm PayU, backed by global consumer internet group Prosus, has acquired a 43.5% strategic stake in India-based real-time payment technology provider Mindgate Solutions, bolstering its position in the country’s digital payments ecosystem. The transaction values Mindgate between $180 million and $250 million, depending on… Read More

March 23, 2025 @ 9:28 pm By Michael Wong  |  

IFC, IDB Invest, and Itaú Unibanco Holding S.A. have launched a BRL 1.4 billion ($250 million) bond issuance aimed at supporting biodiversity conservation and expanding access to credit for micro, small and medium-sized enterprises (MSMEs) in Brazil. Structured as a private placement, the bond is… Read More

March 23, 2025 @ 6:57 pm By Tony Zerucha  |  

While the Fed held rates at 4.5% this week, YouHodler’s head of risk, Sergei Gorev, doesn’t expect that to last much longer. Gorev said the decision is neutral for the market as it is within expectations. While the market initially perceived Trump’s assumption of office… Read More

March 23, 2025 @ 6:56 pm By Omar Faridi  |  

According to the recent Kaspersky Incident Response analyst report, long-lasting attacks, carried out by cybercriminals, that persist for more than a month accounted for 35.2% of the total attacks in 2024. The latest Kaspersky Incident Response analyst report and key insights offer extensive analysis of… Read More

March 23, 2025 @ 6:55 pm By Omar Faridi  |  

AI is dramatically changing online gaming, according to an update from the World Network. According to a new survey shared by the World Network, more than 7 in 10 gamers “agree unauthorized third-party bots are both ruining multiplayer competition (71%) and making it less fun… Read More

March 23, 2025 @ 6:51 pm By Tony Zerucha  |  

This week, Plug and Play announced the lineup for its XDC Network RWA Accelerator program, which launched on March 18. The three-month initiative features tokenization projects and collaborations with industry stakeholders, all with an eye to real-world asset (RWA) tokenization. Plug and Play will host… Read More

March 23, 2025 @ 4:35 pm By Omar Faridi  |  

Haun Ventures, the crypto-focused investment firm founded by Katie Haun, a former Andreessen Horowitz (a16z) general partner, is reportedly planning to raise $1 billion for two new funds. This move, revealed in a recent Fortune report, could potentially position it as the largest venture financing… Read More

March 23, 2025 @ 4:34 pm By Omar Faridi  |  

Ethereum, the largest smart contract platform in terms of market cap and overall adoption across the DeFi space, has grappled with scalability and performance bottlenecks, but a new development—MegaETH—offers a potential solution to these technical challenges. MegaETH recently debuted its public testnet, which is described… Read More

March 23, 2025 @ 4:27 pm By Omar Faridi  |  

Plume, the RWAfi (real world asset finance) chain, and Goldfinch, the onchain private credit platform, announced a partnership to expand access to high quality private credit assets on Plume’s RWA staking platform, Nest. This partnership will reportedly aim to widen access to institutional-grade private credit… Read More

March 23, 2025 @ 3:32 pm By Tony Zerucha  |  

A new whitepaper from payment processor Silverflow suggests network tokenization can improve authorization rates by up to 6% while decreasing unnecessary churn. Launched at MPE Berlin 2025, a European merchant payments conference, Exploring the power of network tokenization for the modern payments stack explores how… Read More

March 23, 2025 @ 3:29 pm By Omar Faridi  |  

ICG, the global alternative asset manager, announced the final close of its second European Mid-Market fund program. ICG Europe Mid-Market Fund II, together with its related vehicles, received €3.0bn of commitments, representing a “300% increase compared to the prior fund vintage, ICG Europe Mid-Market Fund… Read More

March 23, 2025 @ 3:27 pm By Michael Wong  |  

Nayla Finance, a Saudi Arabia-based Fintech focused on improving access to capital for micro-businesses, has raised $4 million in seed funding to scale its operations and expand its digital lending platform, the company said. The round was led by Sanabil Venture Studio by Stryber and… Read More

March 23, 2025 @ 3:26 pm By Omar Faridi  |  

FalconX noted that Structured credit has long been the backbone of global fixed-income markets, enabling institutions to efficiently finance lending activities. Yet, in crypto, institutional-grade credit remains largely “untapped.” ‍That’s why FalconX is enabling “a new frontier with the first-ever institutional Structured Credit Facility (SCF)… Read More

March 23, 2025 @ 12:28 pm By Tony Zerucha  |  

This past week, Finastra, a global provider of financial services software applications, and IBM (NYSE: IBM) unveiled their collaboration on an enhanced cloud-based lending managed services offering. Finastra’s Lending Cloud Service (LCS) offers options for its Corporate Lending solutions — Loan IQ, Trade Innovation and… Read More

March 22, 2025 @ 11:36 pm By Michael Wong  |  

Singapore-based digital asset infrastructure provider BetterX has secured S$2.3 million (approximately $1.7 million) in a pre-Series A funding round to support its expansion across Asia, the Middle East, and the United States. The funding round brought in new investors including Grand Prix Capital, Aument Capital,… Read More