Accredited Investor: A Little Less Red Tape, A Lot More Capital: What the SEC Just Did for Reg D Rule 506(c)

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The U.S. Securities and Exchange Commission (SEC) just made a game-changing move for capital raisers utilizing Rule 506(c) under Regulation D. On March 12, 2025; the SEC issued two new C&DIs as well as a pivotal no-action letter (the “Latham No-Action Letter”) which together significantly… Read More

 

 




Crypto-Focused SPAC RTAC-I Files for $175M IPO

Global Client Advisory Group (GCAG) announced that its affiliate, Renatus Tactical Acquisition Corp I (RTAC-I), has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), seeking to raise $175 million. RTAC-I, a newly formed special purpose acquisition company (SPAC),… Read More

Baidu Expands AI Access with Free ERNIE Models

Baidu Inc launched its latest artificial intelligence models, ERNIE 4.5 and ERNIE X1, making them freely accessible to individual users ahead of schedule as part of its broader push to expand AI adoption. ERNIE 4.5, Baidu’s latest foundation model, features multimodal capabilities with improved language… Read More

Fintech as a Service Platform Rapyd Acquires PayU Global Payment Organization (GPO)

Rapyd, a global Fintech-as-a-Service provider, has completed the acquisition of PayU Global Payment Organization (GPO). This latest milestone is said to mark an important step in Rapyd’s ongoing expansion, “strengthening its position in key global markets.” This expansion increases Rapyd’s ability to offer card acquiring… Read More

Capco and OpenAI to Streamline Financial Services

Capco, the global management and technology consultancy, announced a collaboration with OpenAI, the maker of ChatGPT and frontier AI models such as GPT-4o, GPT-4.5, OpenAI o1 and o3 mini, to accelerate AI’s transformative impact at the world’s financial institutions. This collaboration combines OpenAI’s innovations with… Read More

Payments and Commerce Platform Bilt Rewards Announces Acquisition of Banyan

Bilt Rewards, the payments and commerce platform transforming the $2.1 trillion housing payments market, announced the acquisition of Banyan, the platform for item-level receipt data. This acquisition—Bilt’s first— expands Bilt’s ability to create innovative, frictionless experiences that drive “neighborhood commerce and deliver  value to residents… Read More

Digital Payments Adoption Is Rising Globally, Leading to Transformative Shift in Financial Ecosystem – Report

The global financial ecosystem is undergoing a significant shift as digital payments continue to gain momentum, reshaping how individuals and businesses transact worldwide. This, according to multiple reports covering the latest developments in the Fintech and payments sector. Recent reports underscore this transformative trend, projecting… Read More

Hong Kong’s Fintech Ecosystem Set for Sustainable Growth – Report

Hong Kong is reportedly solidifying its position as a fintech hub in Asia, with its ecosystem experiencing remarkable growth and innovation. According to the Hong Kong Fintech Ecosystem Report released by InvestHK, the city anticipates a robust future driven by blockchain, digital assets, distributed ledger… Read More

Payments as a Service Platform Shape Technologies Teams Up with PXP

Shape Technologies, the payments-platform-as-a-service provider, and PXP, a technology platform, are pleased to announce their collaboration designed to transform the way that ISOs, ISVs, and Payment Facilitators go to market. The partnership is designed to address the challenges faced by ISOs, ISVs, and Payfacs, delivering… Read More

BNPL Fintech Sezzle Introduces Features to Enhance Digital Commerce

Sezzle Inc. (NASDAQ:SEZL), a Buy Now, Pay Later (BNPL) solution, is rolling out a suite of features to make digital commerce and shopping more intuitive and accessible. With the Sezzle app, consumers are reportedly able to shop anywhere, compare prices accurately, and find various deals… Read More

REX Shares Introduces Bitcoin (BTC) Corporate Treasury Convertible Bond ETF

REX Shares, a firm focused on exchange-traded products, announces the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ: BMAX), a fund that provides exposure to convertible bonds issued by companies actively incorporating Bitcoin into their corporate treasury. In a strategy adopted by… Read More




BlackRock’s Tokenized Fund BUIDL Hits $1b AUM

Securitize announced that the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has surpassed $1 billion in assets under management (AUM), marking a key milestone in the development of tokenized finance. BUIDL, BlackRock’s first tokenized fund on a public blockchain, launched in March 2024 and provides… Read More

RWA Tokenization Platform OpenEden Supports USDO’s Interoperability with Chainlink CCIP and Proof of Reserve

OpenEden, a Real-World Asset (RWA) tokenization platform, has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve (PoR). OpenEden Digital (OpenEden) leverages Chainlink’s Cross-Chain Token (CCT) standard are to provide USDO with “cross-chain interoperability and real-time verifiable data on the Ethereum and Base mainnets.”… Read More

Equifax Fraud Report Reveals 89% of Canadians Expect More Protection

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Concerns about fraud are escalating among Canadians, with a new Equifax Canada survey revealing that 89% believe companies must do more to protect personal data. Seniors and Quebec residents are particularly worried, demanding stronger fraud prevention measures and broader fraud education. Key findings 55% believe… Read More

BNPL Fintech Affirm Introduces Capital Strategy to Bridge Wall Street, Main Street, and Broader Ecosystem

Affirm (NASDAQ: AFRM) has unveiled its Capital Strategy 2.0—which is described as an evolution of its approach to securing the capital necessary to fuel its growth. Rooted in a Silicon Valley mindset, this latest strategy unveiled by Affirm reportedly aims to forge stronger connections between… Read More

Payments Canada Tackles Misinformation and Fraud as Bad Actors Continue to Target Unsuspecting Consumers

In an era of information overload, Payments Canada says it is taking a stand against misinformation and fraud, as highlighted by Victoria McMullen, Director of Marketing and Communications, in a thoughtful reflection on The 2024 SUMMIT panel discussion. Informative insights from the session—featuring professionals such… Read More

RedotPay Announces $40M Series A to Enhance Global Crypto Payments Solutions

RedotPay, a crypto payment platform, announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024, with investments from HSG and Galaxy Ventures. The investment round reportedly saw participation from DST Global Partners, Accel, Vertex… Read More

Crypto.com Issued Limited License by Dubai’s VARA to Offer Derivatives in UAE

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Crypto.com announced it has been issued a limited license by Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivatives in the UAE. This issuance now reportedly extends the provisions of Crypto.com’s existing VASP license to operate in the region. With this limited license, Crypto.com’s regional… Read More

SoFi Expands Loan Platform Business with $5B Agreement with Blue Owl Capital Funds

SoFi Technologies, Inc. (NASDAQ: SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, an asset manager with $250 billion+ in assets under management. This move reportedly marks SoFi’s “largest” Loan Platform Business agreement… Read More

Swedish Fintech Firm Klarna Files for $1bn US IPO

Swedish digital payment firm Klarna has filed for an initial public offering (IPO) in the United States, seeking to raise at least $1 billion in a listing that could value the company at more than $15 billion, Bloomberg News reported. The Stockholm-founded firm confidentially filed for… Read More

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