Omar Faridi

iwoca SME Insights: Cutting Taxes Is Key to UK Business Growth

More than a third (38%) of finance brokers say lower taxes are needed in order to boost SME growth this year in the UK, according to iwoca’s latest SME Expert Index. The latest research report from European Fintech firm iwoca has noted that this is… Read More

Braza Group Announces BBRL Stablecoin Launch on XRP Ledger

Braza Group announces the launch of BBRL stablecoin on the XRP Ledger to strengthen the Brazilian and South American digital economies. Issuance of BBRL aims to offer secure and cost-effective “solutions for digital transactions for individuals and businesses” Operating for over 15 years and ranking… Read More

PE Dealmaking in Consumer Retail Rebounded in Q4 2024 – Report

PitchBook noted in a new report that consumer retail and services deal activity recovered in Q4 2024 from an “uncharacteristically” quiet Q3 by doubling to an “estimated 377 announced or closed deals.” PitchBook also mentioned in the research report that Q4 was effectively on par… Read More

Bitwise Asset Management Announces $70M Investment

Bitwise Asset Management, a crypto-specialist asset manager with over $12 billion in client assets, announced the completion of a $70 million equity raise. The investment round was reportedly led by Electric Capital, along with participation from the folllowing entities: MassMutual, Highland Capital, MIT Investment Management… Read More

Australia’s Digital Bank Ubank Rebuilds Broker Platform

Australia’s digital banking platform, Ubank, has reportedly rebuilt its mortgage broker platform to streamline the digital home loan lodgement process and deliver a compelling online experience for brokers and their customers. More than technology, Ubank explained that the new broker platform is the cornerstone of… Read More

Canadian Consumers Concerned About Impact of Fraud on Financial Wellbeing – Research

Mastercard’s (NYSE: MA) range of fraud detection tools and solutions help protect and ensure payment security for consumers and businesses. In an evolving digital world, fraud threats seem to be coming from every direction, making it “challenging for Canadians to feel and remain secure.” Launching… Read More

Gen Z Is Transforming Payments : Traditional Payment Methods Plummeting As Digital Adoption Increases – Report

A study released by B2B order-to-cash software and digital payments Fintech Billtrust reveals how Generation Z is “fundamentally” transforming payment behaviors and expectations. With traditional payment methods falling to historic lows and digital adoption reaching saturation levels, the research signals a “turning point in how… Read More

ByBit Hack Analysis : Centralized Exchange Operational Failures Are to Blame, Not Ethereum Blockchain

On Friday, February 21, 2025, the cryptocurrency ecosystem was rocked by one of the largest hacks in its history: a meticulously executed theft of nearly $1.5 billion worth of Ethereum tokens (and some other cryptocurrencies) from Bybit, a prominent crypto exchange. Although many of these… Read More

Blockchain Intelligence Firm TRM Labs Expands Wallet Screening Solution to Combat Crypto Fraud

TRM Labs, the enabler of blockchain intelligence solutions, announced an expanded use case for its Wallet Screening solution, enabling fraud prevention teams at FIs and crypto exchanges to be able to “proactively” block fraudulent crypto transfers prior to funds actually leaving customer accounts. With fraudsters… Read More

Global Dollar (USDG) Stablecoin Available on Solana Blockchain

Global Dollar Network, an open network designed to accelerate and reward global stablecoin adoption, announced that Global Dollar (USDG) is now available on the Solana blockchain. This expansion reportedly brings the benefits of a stablecoin that offers “fast, low-cost, 24/7 transactions and reward-sharing for network… Read More

American Express and Alipay to Support Frictionless Payments for Travelers in China

American Express (NYSE: AXP) and Alipay announced a feature aimed at enhancing payment convenience for travelers in China. Eligible global American Express Card Members can link their Cards to the Alipay digital wallet, enabling payments at merchants across the Chinese mainland. This initiative simplifies transactions… Read More

Estateguru Reports Steady Loan Origination, Reaching €5.8M with Estonia Contributing Largest Share

Estateguru has shared their latest platform loan portfolio overview for January 2025. According to the update from Estateguru, January marked a steady start to the year, with “stable loan origination, repayments, and investor activity.” Estateguru also mentioned that loan funding remained consistent, and investors continued… Read More

European Paytech Nexi and Klarna to Accelerate Merchant Growth

Nexi, the European PayTech, currently claiming to be serving merchants in more than 25 countries, and Klarna, the AI-powered payments and commerce network, have reportedly expanded their ongoing relationship into a global partnership. Nexi will enable its merchant customers across Europe to “offer Klarna’s payment… Read More

Nearly 900 Million Phishing Attempts Reported By Kaspersky in 2024

In 2024, cybersecurity firm Kaspersky reportedly blocked 26% more phishing attempts worldwide compared to the previous year. Cybercriminals continued to capitalize “on well-known brands like Booking, Airbnb, TikTok and Telegram to steal credentials or install malware.” Additionally, users encountered more than “125 million attacks involving… Read More

Brex Grows Enterprise Business as Anthropic, Robinhood, Others Select Fintech Platform as Spend Solution

Brex, the spend platform for businesses from startups to enterprises,  announced its enterprise business grew revenue “80%, while net revenue retention was nearly 140% YoY.” This past year, Brex’s overall revenue growth reportedly “grew threefold with net revenue retention up 15 points.” Brex now serves… Read More

MeaWallet and Backbase to Provide Tokenization Solutions in Australia and New Zealand

MeaWallet, a tokenization and digital payment solutions provider, announces its partnership with Backbase, the creator of the Engagement Banking Platform. This collab reportedly aims to deliver tokenization solutions to issuers and fintechs across the Australian and New Zealand markets. The partnership will feature two solutions:… Read More

Global Fintech Investment Declines, German Financial Tech Market Weak in European Comparison – Report

The fintech market remains under pressure, according to a report from KPMG which noted that in 2024, global fintech investments “fell to USD 95.6 billion – a level last seen in 2017.” As noted in the research report from KPMG, geopolitical conflicts and an uncertain… Read More

Payments Orchestration Platform Yuno Expands Operations with Regional Headquarters in Qatar

Yuno, a payment orchestration platform, and the Investment Promotion Agency Qatar (Invest Qatar), announced a partnership that will accelerate Yuno’s expansion into the Middle East, with the establishment of a regional headquarters in Qatar. This move—unveiled at Web Summit Qatar 2025—reportedly aligns with Qatar’s Third… Read More

Fintech Innovations Are Making Compliance Even More Critical – Research Report

The rise of financial technology has enhanced the financial services industry by leveraging technology to provide solutions that enable financial inclusion, streamline processes, and improve user experiences, according to an update from Citi Group. From digital payments to peer-to-peer lending, artificial intelligence (AI) and blockchain… Read More

Payments Fintech Shift4 to Acquire Global Blue

Shift4 (NYSE: FOUR), the payments and commerce technology provider, and Global Blue (NYSE: GB), the specialty payments and technology platform enabling “tax-free” shopping, dynamic currency conversion, and payments solutions to retail brands, have reportedly entered into a definitive agreement under which Shift4 will “acquire Global… Read More

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