Omar Faridi

Israeli Investing Platform eToro Files for US IPO

Israel-headquartered social trading-focused online broker eToro has reportedly filed for an initial public offering (IPO) with US regulators. Founded in 2007, eToro describes itself as a social investing enabler that aims to revolutionize the way people invest. In March 2019, the company added crypto trading… Read More

SEC to Consider Proposals for Grayscale Dogecoin (DOGE) and XRP ETFs

The US Securities and Exchange Commission (SEC) recently acknowledged Grayscale’s proposal for a Dogecoin (DOGE) exchange-traded fund and is currently interested in receiving public comments. In a 19b-4 form shared this past Thursday (February 13, 2025) confirming NYSE Arca‘s filing, on behalf of Grayscale, the… Read More

abrdn Finalizes New Infrastructure Fund, Will Support European Growth Strategy

abrdn announces the final closing of its third core/core+ infrastructure fund, ASCI III. Focused on direct investments in European small to mid-market core and core+ infrastructure opportunities, the Fund builds “on the success of Funds I and II, and related co-investment vehicles.” The Fund has… Read More

Bitcoin Mining Firm Riot Platforms Shares Updates Including Formal Evaluation of AI and HPC Uses

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant focused on vertically integrated Bitcoin mining, announced the appointment of Jaime Leverton, Doug Mouton and Michael Turner to its Board of Directors (the ā€œBoardā€). The three directors were selected through “a process conducted by the Boardā€™s Governance… Read More

Generative AI has Permanently Altered the Fraud Landscape – Report

Experian‘s research ‘Proactive Defense: Tackling Evolving Fraud Threats’ conducted by Forrester Consulting, surveyed more than 400 senior fraud professionals and decision makers across different countries, such as India, Norway, Denmark, Spain, Italy, the Netherlands and Germany. As mentioned in the update from Experian, a notable… Read More

Blockstream Establishes Tokyo Office to Enable Bitcoin Adoption in Asian Markets

Blockstream, the firm focused on Bitcoin-powered financial infrastructure, is expanding its footprint with the opening of a Tokyo office, marking an advance in Bitcoinā€™s evolution in Japan and across Asian markets. Partnering with Diamond Hands, Japanā€™s Bitcoin strategic consultancy, and Fulgur Ventures, an investor in… Read More

Digital Bank Revolut Provides Services for Ukrainian Residents, Begins Donation Campaign

Revolut, the global financial app claiming more than 50 million customers worldwide, has announced expansion of its services to Ukrainians along with a new international donation campaign for Ukraine. Starting now, Ukrainian residents will be able to open a European Revolut account and experience “an… Read More

UK Firms Report Sharp Increase in Prices and Costs as New Year Opens for Business

Four of the 12 UK nations and regions recorded business activity growth in January, according to the NatWest Growth Tracker. The NatWest Regional Growth Tracker Business Activity Index is described as the “fact-based indicator of regional economic health, tracking the monthly change in the output… Read More

HeavyFinance Reports Steady Inflow of Investments with ā‚¬3.29M Committed in January

HeavyFinance has shared its latest performance review. In January, HeavyFinance says that it saw “a strong inflow of investments, with a total of ā‚¬3.29 million committed.” Meanwhile, HeavyFinance pointed out that ā‚¬ 3.34 million was used “to completely finance 78 farmer loans during the month.”… Read More

Digital Assets Firm BitGo Is Reportedly Considering an IPO

BitGo Inc. is reportedly considering a potential initial public offering, according to sources familiar with the matter. BitGo might be getting ready to join a number of other crypto-focusedĀ  companies that are now anticipating more support for their ongoing plans from regulatory authorities. The Palo… Read More

Shyft Network Expands India Crypto Market Operations with Unitic Collaboration

Shyft Network continues to expand its presence in India’s crypto market, announcing a partnership with Unitic for the integration of Veriscope‘s compliance solutions. The partnership comes as India‘s crypto sector continues to develop, blending traditional finance practices “with digital asset innovation in one of the… Read More

Monetary Authority of Singapore (MAS) and ABS to Form Payments Entity

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced that a new entity will be set up to consolidate the administration and governance of the city-stateā€™s national payment schemes in a concerted effort to “position these schemes for the… Read More

MENA Region Fintech Tabby Announces $160M Series E

Tabby, the MENAā€™s financial services and shopping app, has reportedly raised $160 million in a Series E round at “a $3.3 billion valuation.” The latest investment round was led by existing investors Blue Pool Capital and Hassana Investment Company, and also drew “additional participation from… Read More

Small Businesses in Canada Facing Lingering Payment and Economic Challenges – Report

Xero, a global small business platform, has released its quarterly Xero Small Business Insights (XSBI) data for Canada, providing a comprehensive snapshot of the health of the small business sector. The latest data, which covers the period from July to September 2024, reveals that while… Read More

PayPal Now a Checkout Option for US based Cruise Reservations Operated by Norwegian Cruise Line

PayPal Holdings Inc. (NASDAQ: PYPL) announced the addition of PayPal as a checkout option for all U.S.-based cruise reservations operated by Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). Now, travelers looking to cruise with Norwegian Cruise Line, Oceania CruisesĀ® and Regent Seven Seas Cruises, can… Read More

AI and Pensions : PensionBee Research Reveals UK Savers Looking for Balance, Not Bots

Research from PensionBee reveals that while UK savers are open to AI playing a role in pension customer support, they are not ready for a fully automated experience. PensionBee noted that 79% of survey respondents expressed preferences for “a mix of human and AI interaction… Read More

Regtech Socure Introduces RiskOS, a Risk Decisioning Engine

Socure, the provider of artificial intelligence (AI) for digital identity verification, compliance and fraud prevention, announced the general availability of its new RiskOS platform. RiskOS builds on Socureā€™s acquisition of Effectiv by integrating its orchestration and decisioning engine with Socureā€™s identity verification and fraud prevention… Read More

UK Consumers Increasingly Being Deceived by Deepfakes on Dating Apps – Report

Data shared by Regtech Sumsub shows that three quarters of UK dating app users have come across deepfakes, “19% have personally been deceived by one, and 22% have had someone close to them misled by AI.” Regtech Sumsub pointed out that in the last five… Read More

Regtech Fenergo and PwC Leverage Financial Crime and Tech Expertise to Support Financial Institutions

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), announces that it has joined forces with PwC to accelerate the delivery of Fenergoā€™s solutions to financial institutions. The collaboration will combine PwCā€™s financial… Read More

European Pay By Bank Fintech TrueLayer Reports 10 Million Users

TrueLayer, Europeā€™s Pay by Bank provider, is announcing that its consumer network has now surpassed 10 million active users. This growth highlights the demand for cost-effective digital payments, with TrueLayerā€™s Pay by Bank solution contributing to the key industry trend. To date, TrueLayer says that… Read More

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