Omar Faridi

Latvia’s Fintech Ecosystem Expands with Startups Contributing Nearly €370M in Revenue : Research

The Fintech Pulse report has provided a data-driven look at Latvia’s financial technology sector. The research report offers insights from Riga Technical University’s Riga Business School Fintech Observatory, covering sector — wide turnover, taxes, profit, as well as overall employment trends. According to the research… Read More

State Street Investment Management, Galaxy Digital Partner to Tokenize Private Liquidity Fund

State Street Investment Management and Galaxy Asset Management, an affiliate of Galaxy Digital Inc. (NASDAQ: GLXY) announced the forthcoming launch of the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), which is described as a tokenized private liquidity fund that will aim to unlock the… Read More

Australian Fintech Ecosystem Remains Broadly Stable in 2025, Report Reveals

The Australian fintech ecosystem has remained broadly stable during this year, according to an extensive update from KPMG, which also noted that with 801 independent Australian owned fintech companies, “marking a slight 2% decline year-on-year change from 2024.” The research report from KPMG also mentioned… Read More

Stripe and Paradigm Incubated Tempo Partners with Conduit to Support Digital Payments

Conduit is pleased to announce a partnership with Tempo, incubated by Stripe and Paradigm. This partnership will now offer Tempo’s ecosystem with “performant” as well as “production-ready” RPC infrastructure to build the so-called next generation of finance. As Tempo continues its mission to “upgrade” the… Read More

Brainworks Ventures Introduces AI-Native Fund to Enhance Economics of Venture Capital

Brainworks Ventures, AI-native venture capital fund led by DARPA alumnus Dr. Phillip Alvelda and a global team of veteran investors and innovators, announced the launch of its $50 million fund designed for what Managing Partner Dr. Alvelda calls “the new mathematics of AI-native companies.” The… Read More

Avalanche Foundation Forms DLT Entity in Abu Dhabi Global Market for MENA Region Growth

The Avalanche Foundation has recently announced the formal incorporation of a Distributed Ledger Technology (DLT) Foundation within Abu Dhabi Global Market (ADGM), a milestone in Avalanche’s vision to support Web3 adoption, enterprise partnerships, and ecosystem growth across the MENA region. The DLT entity (The Avalanche… Read More

Chainlink CCIP Selected by Coinbase as Bridge Infrastructure to Enable Wrapped Asset Growth

Coinbase (NASDAQ:COIN) and Chainlink, the self-described industry-standard oracle platform, announced the selection of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the bridging solution for all Coinbase Wrapped Assets, “enabling cross-chain transfers and expansion.” Coinbase Wrapped Assets, which include crypto tokens cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP,… Read More

Nu Quantum Announces Series A to Enhance Quantum Computer Networking

Nu Quantum, the distributed quantum computing provider, has reportedly closed its $60 million Series A round led by National Grid Partners, including participation from Gresham House Ventures and Morpheus Ventures, and support from existing investors Amadeus Capital Partners, IQ Capital, Ahren Capital, Cambridge Enterprise Ventures,… Read More

German Regulator BaFin Orders Oversight and Limits on Digital Bank N26

Germany’s regulatory authority BaFin has reportedly imposed stricter oversight on digital bank N26, which now includes certain limits on new business based in the Netherlands along with the appointment of a special monitor. As widely reported, this is not the first time that N26 has… Read More

Barclays Announces Investment in United Fintech

United Fintech, the fintech infrastructure and ecosystem for financial institutions, asset managers & wealth managers reportedly secured an investment from Barclays, strengthening its shareholder base of “global banks, including BNP Paribas, Citi and Danske Bank and most recently Standard Chartered, which have all joined in… Read More

Coinbase Institutional Now Serving as Ethereum Staking Provider and Primary Custodian for ETH ETFs

In October of this year, Grayscale reportedly became the first U.S. issuer to begin staking the ETH and SOL underlying its spot crypto ETFs. According to an update from Coinbase (NASDAQ:COIN), this made Grayscale one of the first asset managers in the U.S. to provide… Read More

Aberdeen Investments Enters Agreement with MFS to Acquire Management of Closed End Funds with Assets Totaling £1.5B

Aberdeen Investments has reached agreement with MFS to acquire the management of closed end fund (CEF) assets totalling £1.5bn, further cementing Aberdeen’s position as the “fifth largest” asset manager of CEFs internationally. Via a series of mergers and reorganisations, nine MFS funds, in addition to… Read More

Klarna Teams Up with Privy to Develop Crypto Wallet for Mainstream Adoption

Klarna (NYSE:KLAR), the global digital bank and flexible payments provider, has signed a research partnership with Privy, the wallet infrastructure platform and a Stripe company, to explore, research and co-design potential wallet solutions to power a new generation of crypto products for Klarna users. The… Read More

Ripple Teams Up with AMINA Bank to Enable Cross-Border Payments

Ripple, a financial technology company that offers crypto solutions for businesses, announced a partnership with AMINA Bank AG, to “support near real time” cross-border payments for AMINA Bank’s clients using Ripple Payments. AMINA Bank, a Swiss Financial Market Supervisory Authority FINMA-regulated crypto bank with global… Read More

Bank of Ireland Invests €370M in Retail Division During 3-Yr Strategic Cycle

Bank of Ireland reportedly invested more than €370m in its Retail Ireland division over its current 3 year strategic cycle (2023 – 2025). The investment spans the following key areas : fraud protection, technology and telephony, mortgage services, App investment, payments and CRM. Bank of… Read More

Elliptic Report Examines How Crypto Regulations Changed in 2025

Blockchain analytics firm Elliptic noted that 2025 has marked a turning point in how governments regulated cryptocurrency. Rather than depending on enforcement actions to shape the fast-evolving industry, jurisdictions across the globe have implemented comprehensive regulatory frameworks with requirements being defined clearly upfront. Elliptic pointed… Read More

Estateguru to Focus on Real Estate Financing in Estonia, Latvia, Lithuania with Key Appointment

Estateguru has appointed Jüri Preoaim braženski as the new Head of Real Estate Financing. In this role, he will to expand the platform’s ongoing operations in key European markets. Jüri Preobraženski noted that around sixteen years ago, his professional journey in real estate began. And over… Read More

Digital Assets Firm Circle Focuses on UAE Expansion with ADGM License

Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s internet financial platform companies, announced a regulatory milestone in the United Arab Emirates as it strengthens its presence in the region. Circle has secured a Financial Services Permission (FSP) license from the Financial Services Regulatory… Read More

Venezuela’s Crypto Ecosystem Continues to Evolve Amid Global Tension : Analysis

TRM Labs noted that on December 10, the United States had reportedly seized a large oil tanker off Venezuela’s coast for alleged sanctions evasion, escalating pressure on Nicolás Maduro’s regime and highlighting why, amid rising illicit activity, it is vital to understand the nation’s economic… Read More

Enova International to Acquire Grasshopper Bank

Enova International, Inc. (NYSE: ENVA), a financial services company powered by machine learning and analytics, announced it signed a definitive agreement to acquire Grasshopper Bancorp, Inc., and its wholly owned subsidiary Grasshopper Bank N.A., in a cash and stock transaction “valued at approximately $369 million.”… Read More

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