Chime Workplace Takes Holistic Employee Financial Wellness Approach

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  Chief of Chime Enterprise Jason Lee said that Chime Workplace allows employers to meet employees where they currently are while helping them get to where they want to go. The financial wellness solution comes at no cost to employers and employees. Lee said that… Read More

 

 




Coterie Leads £1.5M Funding for WineFi’s Blockchain-Backed Wine Platform

London-based fintech WineFi announced raising £1.5 million (about $2 million) in a Seed funding round led by British fine wine group Coterie Holdings, with participation from SFC Capital, Founders Capital, and a syndicate of angel investors. WineFi, founded by former Fidelity International and J.P. Morgan… Read More

Singapore’s Syfe Wins Shareholder Backing to Buy Selfwealth for A$65m

Syfe, an Asia Pacific savings and investment platform, said it would acquire Australian digital broker Selfwealth in an all-cash A$65 million transaction after shareholders approved the deal. Under the terms, Syfe will pay A$65 million in cash for all Selfwealth shares, subject to court approvals… Read More

Bitcoin Mining Ecosystem Is Evolving with Diversification into High-Performance Computing (HPC) and AI – Report

The Bitcoin mining ecosystem continues to evolve rapidly, driven by technological advancements, market dynamics, and strategic shifts among major players. Insights from CoinShares’ Q4 2024 Mining Report and Compass Mining’s March 2025 Bitcoin Mining Industry Report highlight key trends, including rising hashrates, sustainable energy adoption,… Read More

Fintech Square Introduces Point of Sale App to Enhance Commerce and Payments Functionality

Square announced the new Square Point of Sale app – its software that brings Square’s vertical-specific commerce and payments functionality into a single, unified app that sellers can “personalize to meet the needs of their business, while supporting their growth and evolution.” Sixteen years ago,… Read More

UK’s Digital Bank Zopa Reports Solid Performance for 2024

UK’s digital bank Zopa has reported solid performance for 2024, doubling its full-year profit before tax to £34.2 million, up from £15.8 million in 2023. This milestone, announced on April 24, 2025, marks the Zopa bank’s second consecutive year of profitability, underscoring its robust growth… Read More

Fiserv Expands Brazil Footprint with Money Money Acquisition

NYSE-listed Fiserv Inc. has agreed to acquire Brazilian Fintech Money Money Serviços Financeiros SA in an all-cash deal that will deepen its lending capabilities for small and medium-sized merchants, the US payments major said. Under the definitive agreement, Fiserv will fold Money Money’s receivables-based financing… Read More

Digital Lending Software Firm Blend and CrossCountry Mortgage Introduce Solutions to Streamline Loan Origination

CrossCountry Mortgage, the distributed retail mortgage lender, and Blend, an origination platform for digital banking solutions, announced an expanded partnership aimed at driving innovation for independent mortgage banks (IMBs). As part of this collaboration, the two companies are “introducing new solutions that enhance the Blend… Read More

Insurtech Cowbell Introduces Professional Indemnity Offering for UK Tech Firms

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, announced the UK launch of Prime One Tech; professional indemnity and cyber coverage for technology companies “with up to £1 billion in annual turnover, providing limits of up to £5… Read More

Generative AI and Pay By Bank to Transform How Canadians Engage in Commerce But Fraud Remains Key Concern – Report

As the payment landscape evolves, a recent update from Payments Canada reveals that security understandably remains the top priority for Canadians when evaluating emerging payment technologies. Innovations like generative artificial intelligence (GenAI), social commerce, and pay-by-bank are poised to transform how Canadians shop and pay,… Read More

Ethereum focused Open-Source Funding Platform Gitcoin to Close Primary Software Dev Unit

Gitcoin, an Ethereum-based platform for funding public goods and open-source projects, announced on Friday that it will close its primary software development arm, Gitcoin Labs. The decision reportedly stems from mounting financial pressures, with co-founder Kevin Owocki stating that achieving profitability for the unit was… Read More




CME Group to Expand Crypto Derivatives Suite with XRP Futures Launch

CME Group has announced plans to launch XRP futures on May 19, pending regulatory review. Market participants will have the choice to “trade both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP).” Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group…. Read More

Digital Bank Revolut Reports $1.4B in Pre-Tax Profits

In 2024, Digital bank Revolut cemented its position as a key player in the global neobanking sector, reporting $1.4 billion in pre-tax profit—a 149% surge year-over-year—and revenues of $4 billion, up 72% from 2023. Revolut’s annual report, released on April 24, 2025, highlights steady growth… Read More

B2B Finance Is Being Enhanced with AR Automation Software, Leading to Positive ROI – Report

New research reveals that the majority of B2B finance departments are receiving a positive ROI from accounts receivable (AR) software, confirming the transformative potential of AI and automation. The research study, conducted by global research firm Vanson Bourne and commissioned by Billtrust, a B2B order-to-cash… Read More

B2B Firm Alternative Payments Reports $22M Financing

Alternative Payments, a fully-integrated B2B payments and checkout infrastructure provider, has closed on $22 million in total funding, with rounds led by MissionOG and Third Prime, respectively. The investments will advance the company’s mission to digitize and automate B2B payment workflows for industries historically overlooked by fintech… Read More

DeFi Development Company Files $1B Shelf Offering, Signals Deepening Solana (SOL) Ecosystem Focus

DeFi Development Company, recently rebranded from Janover and dubbed the “MSTR of Solana,” has submitted a $1 billion shelf offering to the U.S. Securities and Exchange Commission (SEC), according to a filing disclosed on Friday. This strategic move underscores the company’s growing alignment with the… Read More

UK’s PensionBee Shares Response to DWP’s Small Pots Delivery Group Report

UK’s PensionBee, a firm focused on the consumer retirement market, has issued a statement following the release of the Department for Work and Pensions’ Small Pots Delivery Group’s report, which lays out a clear framework for “consolidating small pension pots.” Lisa Picardo, Chief Business Officer… Read More

UK’s Financial Services Execs Plan to Increase Investments in London based Operations – Report

More than half (53%) of the UK’s financial services executives reportedly believe that “negativity about the health of London as a financial center is being overplayed,” as the majority (62%) plan to “increase investment in their London operations over the next five years,” according to… Read More

DTCC Processes Record Volumes Across Services During Market Volatility

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced significant achievements in handling “unprecedented” market volatility, showcasing the firm’s robust technology infrastructure, resiliency, and risk management capabilities. During the recent market volatility, DTCC reached “new peak… Read More

Financial Infrastructure Fintech Plaid Remains Focused on Developing Open Finance Solutions

In an era where financial connectivity is becoming increasingly important, Plaid is positioning itself as a key player in delivering more reliable, scalable solutions for Open Finance. Through technical innovation, automation, and partnerships, Plaid is  addressing today’s integration challenges and is also focused on laying… Read More

Payments Industry Is Undergoing Transformative Shift Driven By Consumer Expecations – Report

The payments industry is undergoing a transformative shift, driven by rapid technological advancements and evolving consumer expectations. Juniper Research’s Consumer Payments Tech Horizon 2025 report offers a framework to help stakeholders understand the trajectory of payment technologies. This resource evaluates the maturity and market performance… Read More

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