July 20, 2025 @ 8:19 pm By Omar Faridi  |  

In a step toward deepening its presence in Singapore, digital assets platform OKX has announced key developments that reaffirm its commitment to the Southeast Asia region. The appointment of Gracie Lin as CEO of OKX Singapore, coupled with the acquisition of a full Major Payments… Read More

July 20, 2025 @ 8:18 pm By Omar Faridi  |  

Fidelity Investments announced the final close of Fidelity Credit Opportunities Fund II LP at appr. $729 million, surpassing its target fundraise of over $500 million of committed capital and “more than doubling the 2020 fundraise of the first vintage.” Fund II held its final closing… Read More

July 20, 2025 @ 6:30 pm By Omar Faridi  |  

Bullish, a digital asset exchange backed by billionaire investor Peter Thiel, has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The company, set to trade on the New York Stock Exchange (NYSE) under the ticker symbol “BLSH,” is… Read More

July 20, 2025 @ 5:47 pm By Omar Faridi  |  

On July 14, 2025, the U.S. banking landscape took a significant step toward embracing the digital assets and blockchain ecosystem. Blockdaemon has shared key insights following the announcement. As covered, the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller… Read More

July 20, 2025 @ 5:46 pm By Omar Faridi  |  

Alkhabeer Capital, an asset manager specializing in financial services and brokerage services, has recently signed a partnership agreement with Fasanara Capital, a global asset manager specializing in tech-enabled credit solutions, during an event held in Jeddah (Saudi Arabia) under the theme “Fintech-Originated Private Credit –… Read More

July 20, 2025 @ 5:45 pm By Omar Faridi  |  

Visa (NYSE:V) and Mastercard (NYSE: MA) are once again under legal scrutiny, facing a fresh multi-billion-pound class action lawsuit. The case, lodged in the UK’s Competition Appeal Tribunal, accuses the two companies of imposing excessive interchange fees, which are alleged to violate competition laws. This… Read More

July 20, 2025 @ 5:44 pm By Omar Faridi  |  

The Commonwealth Bank of Australia (CBA) has recently announced significant updates that underscore its role in financial markets, investment accessibility, and economic analysis. From marking 30 years of transforming the investment landscape with CommSec to collaborating on a digital currency project with the Reserve Bank… Read More

July 20, 2025 @ 5:42 pm By Omar Faridi  |  

The fintech sector is undergoing a significant shift, driven by the integration of artificial intelligence (AI), as outlined in PitchBook’s Q3 2025 Analyst Note, “Fintech’s AI Premium.” This report from PitchBook examines how AI is reshaping deal activity, valuations, and investment trends across the U.S…. Read More

July 20, 2025 @ 4:18 pm By Omar Faridi  |  

Digital assets exchange Coinbase (NASDAQ:COIN) has rebranded its Coinbase Wallet as the Base App. Unveiled recently at the company’s “A New Day One” event in Los Angeles, this transformation marks a shift, positioning the Base App as a “superapp” that integrates trading, payments, messaging, and… Read More

July 20, 2025 @ 4:05 pm By Omar Faridi  |  

Coller Capital, one of the largest private market secondaries managers, announced the U.S. launch of CollerCredit, a fund providing high-net-worth investors access to the private credit secondaries market. Private credit secondaries is described as “a distinct asset class within the broader multi-trillion-dollar private credit market.”… Read More

July 20, 2025 @ 3:57 pm By Omar Faridi  |  

Macquarie Asset Management announced that €1.2 billion has been raised into the Macquarie European Infrastructure Debt Fund (MEID) upon the fund’s Final Close. Alongside the fund, an additional €2.3 billion was “raised from separately managed accounts.” MEID is Macquarie’s first dedicated European infrastructure debt fund… Read More

July 19, 2025 @ 5:55 pm By Omar Faridi  |  

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced that Chris Tufano has joined as Head of Clearing. Tufano joins following Clear Street’s 2024 launch of “professional clearing services for registered market markers in listed U.S. equities, which… Read More

July 19, 2025 @ 5:53 pm By Omar Faridi  |  

In an indication of financial resilience and strategic expansion, Aventus Group, a key player in the global lending, real estate, and IT sectors, announced a net profit of EUR 46.73 million for the first half of 2025. This achievement, detailed in a recent update from… Read More

July 19, 2025 @ 5:52 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the UAE capital’s international financial center, continues to solidify its position as a hub for financial services and collaboration through key developments announced recently. The Financial Services Regulatory Authority (FSRA) of ADGM signed a Memorandum of Understanding (MoU) with the… Read More

July 19, 2025 @ 5:49 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) and its subsidiary Venmo are making significant advancements in enhancing digital payments, supporting community engagement, and helping student-athletes and entrepreneurs. Recent announcements highlight their expansion into blockchain technology, strategic partnerships with college athletic conferences, and a commitment to social impact through new… Read More

July 19, 2025 @ 5:49 pm By Omar Faridi  |  

On July 19, 2025, CoinDCX, one of India’s cryptocurrency exchanges, suffered a significant security breach, resulting in a loss of approximately $44 million. The incident, which occurred exactly one year after a devastating $235 million hack of rival exchange WazirX, has reignited concerns about the… Read More

July 19, 2025 @ 5:48 pm By Omar Faridi  |  

Orum.io, a company enhancing money movement through its payment orchestration platform, has joined forces Stripe, a global Fintech enabling online payment processing. This milestone, shared by Orum’s Founder and CEO Stephany Kirkpatrick, CFP, on LinkedIn, marks a step forward in the mission to make financial… Read More

July 19, 2025 @ 11:19 am By Omar Faridi  |  

Consensys has released a report titled “The Industrialization of Trust,” declaring Ethereum as the cornerstone of a new era in digital trust. This report introduces the concept of “Trustware,” an infrastructure that aims to redefine how trust is created, managed, and scaled in the digital… Read More

July 19, 2025 @ 11:17 am By Omar Faridi  |  

N26 is expanding its travel offering with the launch of a Travel eSIM – fully digital data plans designed to keep travelers connected in more than 100 different countries. Travel eSIM allows customers to activate their Travel eSIM “within the N26 App without the need… Read More

July 19, 2025 @ 11:17 am By Omar Faridi  |  

Remitly, an international payments company, is harnessing artificial intelligence to streamline its operations and enhance customer experiences. As outlined in a recent letter from CEO Matt Oppenheimer, published on July 17, 2025, Remitly is embracing AI as a potentially transformative tool, comparable to the advent… Read More