First AMF Licensed Tokenized Money Market Fund Provider Spiko Raises €4 Million in Pre-Seed Funding

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Spiko, co-founded in 2023 by Paul-Adrien Hyppolite and Antoine Michon, has raised €4 million in pre-seed funding. Spiko is a tokenization platform that claims to be the first provider in the world to offer fully tokenized Money Market Funds (MMFs). The digital assets leverage both… Read More

 

 


 




Hong Kong Exchanges and Clearing Ltd (HKEX) Enters Agreement with Unit of Shenzhen Stock Exchange

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it has signed a cooperation agreement with a unit of Shenzhen Stock Exchange (SZSE), to support the development of HKEX’s Integrated Fund Platform (IFP). This cooperation will see Shenzhen Securities Communication Co. Ltd… Read More

Majority of EU Firms Confident They’ll Be Ready for Corporate Sustainability Reporting Directive – Report

Almost two-thirds (63%) of companies say they are very or extremely confident that they will be ready to report under the EU’s new Corporate Sustainability Reporting Directive (CSRD), according to PwC’s inaugural 2024 Global CSRD Survey, published today. The global survey, of more than 500… Read More

BIS and Monetary Authority of Singapore Develop Blueprint for Platform Integrating Regulatory, Climate Data

The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed a blueprint for a platform that integrates regulatory and climate data to help financial authorities identify, monitor and manage climate risks in the financial system. Integrating climate risk analysis into… Read More

BNP Paribas Personal Finance UK Comments on Incubator Cohort

BNP Paribas Personal Finance UK has commented on its most recent cohort of its UK Fintech Incubator Programme. In an event held at STEAMhouse, eight Fintechs showcased their products, which are focused on how to harness data to enhance engagement with customers in the financial… Read More

Remote Working Fintech Deel Launches AI Tool for Streamlining Operations

Remote working Fintech Deel has introduced a new AI tool for enhancing various tasks. Deel says that this Ai tool helps with double-checking compliance rules. It assists with digging into your global workforce data, and then “making smarter business decisions faster using AI.” As explained… Read More

Non-Dilutive Funding Is Up 50% in Europe, VC Declined Considerably Over Same Time Period – Capchase SaaS Report

The world of SaaS startup fundraising is unique, according to an extensive update from Capchase. It’s fast-paced, data-heavy, and can be “unpredictable at times,” Capchase notes in a blog post. As explained by Capchase, today’s funding landscape “has more to offer founders than ever before.”… Read More

Paradigm Announces New $850M Venture Fund Focused on Early-Stage Crypto Projects

Paradigm has raised their third fund, which is reportedly an $850 million venture fund focused on crypto projects at the earliest stages. When they founded Paradigm in 2018, they believed that crypto would be “one of the most important technical and economic shifts of the… Read More

Hashgraph Association to Collaborate with Adanian Labs and The Africa Blockchain Centre

The Hashgraph Association has announced a partnership with Adanian Labs and The Africa Blockchain Centre. In a statement distributed by Hashgraph, the aim is to support blockchain development in Africa. The partnership expects to “empower over 3000 Web3 developers “across Africa through the DLT Africa… Read More

Early Crowdfunding Investors in Monzo See 28X Return

The securities crowdfunding industry needs to do a better job of highlighting successes for investors as well as embracing the failures. Entrepreneurship generates enormous benefits for society, but investors backing these early-stage firms are taking on a lot of risk. Most startups fail, and some… Read More

Regtech Fenergo and NS Solutions to Support Firms in Japan in Meeting Regulatory Obligations

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring (TM) and Client Lifecycle Management (CLM), and NS Solutions (NSSOL), a technology solutions provider, today announce a strategic partnership to support financial institutions in Japan in meeting rising regulatory obligations. The partnership… Read More




Fintech Stripe Announces Updates for Businesses in France

Stripe, a financial infrastructure platform for businesses, announced a range of product and partnership updates for businesses operating in France. This represents Stripe’s largest set of new products “for the French market since launching in the country in 2016.” Starting this summer, Alma, the buy… Read More

WealthKernel Teams Up with Fint Invest, a Digital Wealth-Building Platform

WealthKernel, a digital investing infrastructure provider, announces a new partnership with Fint Invest, a digital wealth-building and educational platform catering to the next generation of investors. Fint, a digital solution powered by IronMarket Wealth, aims to “help young investors by offering them modern portfolios aligned… Read More

MicroStrategy Intends to Increase Bitcoin Holdings, Announces Proposed Private Offering of $500M of Convertible Senior Notes

MicroStrategy (NASDAQ:MSTR) recently revealed its plan to sell $500 million in convertible bonds in order to finance the purchase of more Bitcoin (BTC). MicrosStrategy, which presently possesses 214,400 Bitcoin (BTC) valued at about $14.5 billion, holds more than 1% of BTC’s total circulating supply. The… Read More

Terraform Labs PTE, Founder Do Kwon, to Pay $4.5 Billion Penalty Following SEC Lawsuit

The Securities and Exchange Commission (SEC) reports that Terraform Labs PTE, Ltd. and founder Do Kwon will pay a $4.5 billion penalty as they have been found guilty of a “years-long fraud.”  It was previously reported that the SEC was seeking a $5.3 billion settlement…. Read More

MoonPay Users in 24 EU Member States and the UK May Acquire Crypto via PayPal

MoonPay is pleased to announce that PayPal (NASDAQ: PYPL) is now live to users across the European Union and United Kingdom, following a successful launch in the United States last month. MoonPay users in 24 EU member states and the UK can “now buy cryptocurrency… Read More

Concerns About Inflation, Interest Rates Increase Even as US Consumers Stay Optimistic About Finances – Report

TransUnion’s (NYSE: TRU) Q2 2024 Consumer Pulse study found that consumer concerns about inflation and interest rates reached their highest levels in two years. Despite these concerns, they come “as 55% of Americans remain optimistic about their household finances over the next year – the… Read More

Cross-Border Money Movement Is Reportedly Supporting Humanitarian Efforts as Consumers See Future as Digital

While remittances are a lifeline for millions of migrant workers and their families, Visa’s (NYSE: V) annual “Money Travels: 2024 Digital Remittances Adoption” research report found that humanitarian assistance was “a predominant driver of remittance usage on the send side, with many noting that it… Read More

Swedish Bank for Small Businesses, Qred, Raises Loan Limit to Up to 5M SEK

Qred, a bank based in Sweden, states that it is raising the loan limit for small business owners. Customers can now apply for loans “up to 5 million SEK, an increase of 3 million SEK from the previous maximum amount.” The increase is part of… Read More

As Expected, Christy Goldsmith Romero Selected to Lead FDIC

Earlier today, the White House announced that Christy Goldsmith Romero has been appointed to lead the Federal Deposit Insurance Corporation (FDIC). It was reported earlier this week that President Joe Biden would select Goldsmith Romero to take over leadership of the financial regulator following several… Read More

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