May 18, 2025 @ 10:41 pm By Omar Faridi  |  

Fintech firm Wise is pleased to announce that Raiffeisen Bank International, a corporate and investment bank in Central and Eastern Europe (CEE), has partnered with Wise Platform in order to “enable fast, secure, low-cost and transparent international payments for personal and business customers across the… Read More

May 18, 2025 @ 10:38 pm By Omar Faridi  |  

wefox has agreed to sell 100% of the shares in its Italian companies wefox MGA S.r.l. and wefox Services Italy S.r.l., which focus mainly on affinity distribution with an emphasis on motor insurance, to funds managed by J.C. Flowers & Co., a global private investment… Read More

May 18, 2025 @ 10:34 pm By Omar Faridi  |  

CoinPayments Inc, a firm specializing in digital payments since 2013 and partner of the Stake Sauber Formula 1 Team for the 2025 season, has  announced a partnership with Jetcraft, the global firm focused on business aircraft sales, acquisitions, and trades. Through the blockchain-based collab, Jetcraft… Read More

May 18, 2025 @ 10:25 pm By Omar Faridi  |  

Modern Treasury has introduced Stablecoin Payment Accounts (SPAs), a revolutionary solution designed to streamline domestic and international money movement. This innovation integrates stablecoin technology with traditional payment rails, offering businesses a more cost-effective, and compliant way to manage transactions. By combining the stability of USD-backed… Read More

May 18, 2025 @ 10:23 pm By Omar Faridi  |  

Openlayer, a unified platform for evaluation and governance of AI systems at the enterprise level, announced a $14.5 million Series A round, led by Race Capital with participation from NXTP, KPN Ventures, Mindset, Y Combinator, Quiet Capital, and Telefonica. The company will leverage the new… Read More

May 18, 2025 @ 6:27 pm By Omar Faridi  |  

Bestow has announced a $120 million Series D funding round, which was led by Goldman Sachs and Smith Point Capital. Bestow’s mission has been to increase “financial stability” for consumers. The company aims to make life insurance “more accessible to millions of families at a… Read More

May 18, 2025 @ 6:21 pm By Omar Faridi  |  

Riskified, a firm focused on e-commerce fraud and risk intelligence, has achieved AWS Accelerate Partner status. This global co-sell initiative strengthens Riskified’s collaboration with AWS, enabling the company to “extend its fraud and risk intelligence solutions to online sellers worldwide.” With this partnership, Riskified’s advanced… Read More

May 18, 2025 @ 6:19 pm By Omar Faridi  |  

Algbra Group and its Fintech-as-a-Service division, Algbra Labs, have  announced a partnership with Gatehouse Bank to deliver the next stage of the bank’s digital transformation strategy. Gatehouse Bank is a Shariah-compliant, UK Bank offering ethical savings products for UK customers and residential property finance “in… Read More

May 18, 2025 @ 3:15 pm By Omar Faridi  |  

eToro, the trading and investing platform, announces a partnership with Generali, a key player in the French life insurance market, to offer its users in France a life insurance contract and a PER (Plan d’Épargne Retraite) to its users in France. The announcement follows the… Read More

May 18, 2025 @ 2:45 pm By Omar Faridi  |  

Acorns, the financial wellness app for everyday Americans, announced the asset acquisition of EarlyBird, the family wealth and digital memory platform for children. With this move, Acorns further enhances its role in financial wellness for the family. In the past year, Acorns has doubled its… Read More

May 18, 2025 @ 10:21 am By Omar Faridi  |  

With the acquisition of Finanzportal24, Etops says that it strengthens its position in the market for digital wealth advisory and will offer financial service providers — “including independent financial advisors, intermediaries, as well as banks and insurance companies — an even broader range of integrated… Read More

May 17, 2025 @ 11:10 am By Omar Faridi  |  

CrediLinq, the AI-powered embedded finance platform that is enabling access to growth capital for underserved digital-first SMEs globally, announced the close of its $8.5 million Series A funding round. The funding round was led by OM/VC and MS&AD Ventures. New investors include Citi North America… Read More

May 16, 2025 @ 5:53 pm By Omar Faridi  |  

Alpaca, an API-first stock and crypto brokerage platform, announced the launch of its Fully Paid Securities Lending (FPSL) program for its Broker API, marking a significant milestone in its mission to democratize access to financial services. This offering enables Alpaca’s fintech partners to diversify revenue… Read More

May 16, 2025 @ 5:45 pm By Omar Faridi  |  

Zoho Corporation, a global technology company, launched Zoho Payments, a unified payment solution that helps businesses collect payments online using multiple payment methods like cards and ACH. The solution offers native payments capabilities within Zoho, enabling businesses to “manage payments directly within their existing financial… Read More

May 16, 2025 @ 5:42 pm By Omar Faridi  |  

The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) released a joint research study that explored if and how central banks could continue to “implement monetary policy operations in hypothetical tokenized wholesale financial markets.” Project Pine, from the New York… Read More

May 16, 2025 @ 5:41 pm By Omar Faridi  |  

UniCredit, the pan-European commercial bank, and Google Cloud  announced the signing of an MoU outlining a 10-year agreement to accelerate UniCredit’s digital transformation. This collaboration will see UniCredit draw on Google Cloud’s best-in-class infrastructure, AI, and data analytics solutions to “streamline its digital architecture and… Read More

May 16, 2025 @ 4:02 pm By Omar Faridi  |  

On May 16, 2025, Galaxy Digital Holdings Ltd. (TSX:GLXY) (NASDAQ:GLXY)began trading on the Nasdaq Global Select Market, marking a significant milestone for the company and the broader digital asset industry. The company’s shares opened at $23.50 closing at $22.80 after topping $25 a share. Galaxy… Read More

May 16, 2025 @ 2:31 pm By Omar Faridi  |  

Balance, the financial infrastructure platform for B2B commerce, announced the launch of Instant Bank Connection, a new capability powered by Real-Time Payment (RTP) rails that “simplifies ACH setup for buyers and speeds up payments to merchants—improving cash flow and reducing processing costs.” Although ACH is… Read More

May 16, 2025 @ 12:23 pm By Omar Faridi  |  

Sygnum, a global digital asset banking group, announced the expansion of its credit offerings by adding staked Solana (SOL) as eligible collateral for its Swiss Franc, Euro, Singapore dollar, and US dollar-denominated Lombard loans. This allows Sygnum clients to unlock liquidity “from their staked Solana… Read More

May 16, 2025 @ 11:58 am By Omar Faridi  |  

The Bank of London is reportedly under investigation by the Prudential Regulation Authority (PRA), raising serious concerns about its long-term ability to maintain operations. The probe, disclosed in the bank’s recently filed accounts—submitted months behind schedule—centers on “historical matters” predating a significant ownership change in… Read More