May 30, 2025 @ 8:24 am By Omar Faridi  |  

The majority of industrial organizations estimate their financial losses caused by cyberattacks at “over $1,000,000, while almost one in four report losses exceeding $5,000,000, and for some, it surpasses $10,000,000.” These findings were revealed in a joint study “conducted by Kaspersky and VDC Research.” A… Read More

May 30, 2025 @ 8:20 am By Omar Faridi  |  

Ethical lender Salad Money has secured a £2 million investment from Ceniarth, a family office dedicated to supporting underserved communities, marking a significant 67% increase in its existing facility agreement. This funding boost, partially backed by Fair4All Finance, a not-for-profit focused on financial inclusion, builds… Read More

May 30, 2025 @ 8:02 am By Omar Faridi  |  

Fundbox, the embedded capital engine for small and medium-sized businesses (SMBs), introduced a new brand identity that reflects its transformation into a partner-first financial infrastructure provider. With a sharper focus on platform integrations, Fundbox is “building the infrastructure that enables seamless access to capital—right where… Read More

May 30, 2025 @ 7:58 am By Omar Faridi  |  

Bitget, the cryptocurrency exchange and Web3 company, has announced the launch of BGUSD, a yield-bearing stable asset certificate designed to enhance capital efficiency and provide “passive income opportunities for users worldwide.” BGUSD is integrated into the platform’s “trading and wealth management infrastructure, offering a multifaceted… Read More

May 30, 2025 @ 7:50 am By Omar Faridi  |  

PensionBee, a UK firm focused on the consumer retirement market, has found significant public support for a shareholder resolution urging Meta to address growing concerns over “how it uses personal data to power its AI systems.” The poll found that more than 50% of respondents… Read More

May 29, 2025 @ 10:49 pm By Omar Faridi  |  

Vault Wealth Limited, MENA’s digital private wealth platform built for the modern affluent, announced its public launch, alongside an investment round led “by Peak XV Partners (formerly Sequoia Capital India & SEA), with continued support from Outliers VC.” This marks Peak XV Partners’ first wealthtech… Read More

May 29, 2025 @ 10:48 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, launches its new investment strategy, which will see 15% of its flagship growth fund invested in private markets. This commitment supports the UK Government’s efforts to “encourage investment into national infrastructure and private companies, and reflects… Read More

May 29, 2025 @ 2:56 pm By Omar Faridi  |  

In a significant cybersecurity incident, LexisNexis Risk Solutions, a prominent data broker, disclosed that the personal information of approximately 364,000 individuals was compromised in a data breach that occurred in December 2024. The breach, which has raised alarms about the security of sensitive personal data,… Read More

May 29, 2025 @ 2:55 pm By Omar Faridi  |  

BlackRock (NYSE: BLK), the world’s leading asset manager, recently issued a notable warning about the future of Bitcoin in its updated iShares Bitcoin Trust (IBIT) filing, submitted in early May 2025. The firm, overseeing assets worth more than $11.6 trillion—greater than the combined GDP of… Read More

May 29, 2025 @ 11:43 am By Omar Faridi  |  

Visa (NYSE:V), a global enabler of digital payments, announced Visa Commercial Integrated Partners, a new program designed to improve connectivity “between fintechs and Visa Commercial products through its commercial platform.” Visa will make available advanced APIs to “embed Visa products in a business partners’ applications… Read More

May 29, 2025 @ 8:20 am By Omar Faridi  |  

DunPort Capital Management, a private credit manager, and Vertis Capital Partners, a UK-based alternative investment firm focused on asset-backed finance and private credit, announced a partnership. As part of the transaction Vertis will take an initial minority stake in DunPort which is expected to “increase… Read More

May 29, 2025 @ 8:13 am By Omar Faridi  |  

Exodus announces the launch of XO Pay, a service that allows customers to buy and sell cryptocurrency directly within the Exodus Mobile wallet. Developed by Exodus and powered “by Coinme’s Crypto-as-a-Service API platform, XO Pay is the self-custody wallet with native on-ramping.” XO Pay eliminates… Read More

May 29, 2025 @ 8:12 am By Omar Faridi  |  

OpenFX, the FX infrastructure company revolutionizing cross-border payments, announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company’s “growth from $0 to… Read More

May 29, 2025 @ 7:50 am By Omar Faridi  |  

Trading and investing platform, eToro, announces the addition of 12 cryptoassets to the U.S. platform. In addition to Bitcoin, Bitcoin Cash, and Ethereum, U.S. users now have the option “to invest in: Aave, Cardano, Chainlink, Compound, Dogecoin, Ethereum Classic, Litecoin, Ripple, Stellar, Shiba Inu, Uniswap,… Read More

May 29, 2025 @ 7:49 am By Omar Faridi  |  

Dojo, the UK payments technology provider, announces it has secured an investment of $190 million from Vitruvian Partners, a global growth investment firm. The investment marks the first equity raise in Dojo’s history. The funds enable Dojo to accelerate the company’s growth in the UK… Read More

May 29, 2025 @ 7:47 am By Omar Faridi  |  

A quarter of adults in the UK are ‘silent savers’, preferring to keep financial matters private and rarely discussing savings or investments with others, according to research by KPMG UK and the charity National Numeracy. The study of 2,000 UK adults which also found that… Read More

May 28, 2025 @ 11:45 pm By Omar Faridi  |  

NatWest Group has announced the expansion of NatWest Thrive with a new digital platform designed “to empower the next generation to take control of their financial futures.” NatWest Thrive, which started as a youth club program, now “combines over 30 years of community initiatives –… Read More

May 28, 2025 @ 10:15 pm By Omar Faridi  |  

Programmable financial services company Stripe showcased its latest products to accelerate the growth of British businesses, “including a major expansion of its money management capabilities, tools to make it easier to trade internationally, and the world’s first AI foundation model for payments.” UK businesses are… Read More

May 28, 2025 @ 9:49 pm By Omar Faridi  |  

Palla, an international payments platform that enables instant cross-border payments for global financial institutions and fintech firms, announced today that it has raised $14.5 million in a Series A funding round. The funding round was led “by Revolution Ventures, with participation from Y Combinator, Ardent,… Read More

May 28, 2025 @ 9:47 pm By Omar Faridi  |  

Conduit, a cross-border payments platform powered by stablecoins, announced it closed a $36 million Series A funding round. The funding round was co-led by Dragonfly and Altos Ventures, “with participation from Sound Ventures, Commerce Ventures, DCG, Circle Ventures (the issuer of the USDC stablecoin) and… Read More