February 21, 2025 @ 9:32 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of internet infrastructure for commerce, announced an expanded agreement. The renewed partnership cements Affirm’s position “as the pay-over-time provider for Shop Pay Installments in the U.S.” It… Read More

February 21, 2025 @ 8:44 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial platform of for companies across the globe, announced its partnership with Eats365, a restaurant point-of-sale (POS) provider currently serving 27 markets. This collab will now aim to simplify “operations for Eats365 merchants and users throughout the supported regions.” Through 365pay,… Read More

February 21, 2025 @ 7:40 am By Omar Faridi  |  

Finzly, a payments and financial solutions provider, announced that Live Oak Bank has enhanced its commercial and small business banking services by implementing Finzly’s Fedwire solution, achieving “100% straight-through processing (STP).” This move streamlines payment processing and positions the bank “to meet the upcoming ISO… Read More

February 21, 2025 @ 7:15 am By Omar Faridi  |  

Figure Markets, a platform for decentralized finance (DeFi), has recently launched the first interest-bearing stablecoin native to a public blockchain registered with the Securities and Exchange Commission. YLDS, described as a public security offered through Figure Markets’ wholly owned subsidiary, Figure Certificate Company, is “a fixed-price,… Read More

February 21, 2025 @ 6:37 am By Omar Faridi  |  

Societe Generale-FORGE announces the launch of its EUR-backed stablecoin (EURCV) on the Stellar network. This expansion will open opportunities for users and businesses “to access a secure, transparent, and scalable digital euro stablecoin, powered by the innovative Stellar blockchain infrastructure.” This move combines the regulatory… Read More

February 21, 2025 @ 6:36 am By Omar Faridi  |  

Thunes, which claims to be the “Smart Superhighway” to move money around the world, announced the expansion of its Direct Global Network into Taiwan. This expansion brings Thunes’ Pay-to-Banks payment capabilities to Taiwan, enhancing the company’s cross-border payment services in “one of Asia’s most technologically… Read More

February 21, 2025 @ 6:32 am By Omar Faridi  |  

CRB Securities LLC, an SEC-registered broker-dealer and FINRA member owned by Cross River Bank Group, and Best Egg have completed the issuance of the first series in Best Egg’s new private structured pass-through program, BEAST 2024-A. Series 2024-A of the Best Egg Asset Structured Pass-Through Trust… Read More

February 20, 2025 @ 9:22 pm By Omar Faridi  |  

Stacks, the AI-powered workspace helping companies close their books quickly and efficiently, announced a $3 million pre-seed round led by EQT Ventures, followed by a $7 million seed round led by General Catalyst, with EQT Ventures. The rounds also saw participation from s16vc and angel… Read More

February 20, 2025 @ 2:57 pm By Omar Faridi  |  

NEXT Insurance, a digital insurtech company transforming small business insurance, announced a new offering to support small businesses with multiple operating locations across a single state, allowing single-entity small business owners with numerous locations “to purchase workers’ compensation (WC) coverage through one single policy.” NEXT‘s… Read More

February 20, 2025 @ 1:06 pm By Omar Faridi  |  

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced that it has received the regulatory approvals in China required to “complete its previously announced acquisition of a licensed China-based payment service… Read More

February 20, 2025 @ 11:16 am By Omar Faridi  |  

Growing levels of financial crime and regulatory “scrutiny” are forcing organizations to step up spending on compliance, but they are “less sold on AI as the standalone solution,” according to a survey of risk and compliance officers by LSEG Risk Intelligence. The survey finds that… Read More

February 20, 2025 @ 10:15 am By Omar Faridi  |  

Glassbox, a Toronto-based fintech startup, announced that it raised $1.2 million in pre-seed funding in order to “reimagine” how finance teams work with spreadsheets in the age of AI (artificial intelligence). The investment round was led by FinTech Collective (New York) and StandUp Ventures (Toronto),… Read More

February 20, 2025 @ 8:43 am By Omar Faridi  |  

Elliptic, the global enabler of crypto-asset compliance and risk management, is pleased to announce a collaboration with the DFINITY Foundation, a  key player focused on decentralized technology. This partnership aims to establish various new benchmarks for security and compliance across the Internet Computer Protocol (ICP)… Read More

February 20, 2025 @ 8:41 am By Omar Faridi  |  

Five fintechs have been selected to take part in NatWest’s Fintech Growth Program. After the launch in December and after a process of pitches, presentations and interviews, TunicPay, Ask Silver, mmob, Aperidata and Sprive were selected to take part in the program supported by NatWest…. Read More

February 20, 2025 @ 8:40 am By Omar Faridi  |  

On January 27, 2025, the European Central Bank (ECB) adopted Decision (EU) 2025/222, titled “Decision of the European Central Bank on access by non-bank payment service providers to Eurosystem central bank operated payment systems and central bank accounts” (ECB/2025/2). This decision expands access to Eurosystem… Read More

February 20, 2025 @ 8:38 am By Omar Faridi  |  

Crowdcube has reportedly returned to growth in 2024 following a challenging year in 2023. In filings with Companies, full accounts covering 2023 revealed a troubling picture. For 2023, Crowdcube generated revenue of £7,549,480 and an operating loss of £6,650,910. In 2022, revenue was reported at… Read More

February 20, 2025 @ 8:17 am By Omar Faridi  |  

Total UK fintech investment has reportedly declined to $9.9 billion in 2024, down a considerable 27% from $13.6 billion in 2023, according to KPMG’s Pulse of Fintech, a comprehensive report on fintech investment trends. KPMG noted in the research report that geopolitical uncertainty, high levels… Read More

February 20, 2025 @ 6:06 am By Omar Faridi  |  

London-based money transfer firm Zepz is reportedly laying off about 200 workers, according to a recent update from CNBC. Zepz – previously doing business as WorldRemit – is slashing approximately 20% of its 1000-member professional team as it closes down units operating in Poland and… Read More

February 19, 2025 @ 11:47 pm By Omar Faridi  |  

Euroclear has recently announced that it has launched a US Treasury Delivery-Versus-Payment (DVP) repo service. The solution is designed “for US Treasury repo market participants operating in the US settling USD transactions.” The first trade was completed on 6 February 2025 “between Euroclear Bank and… Read More

February 19, 2025 @ 10:45 pm By Omar Faridi  |  

Function (formerly Ignition) announced that Galaxy Digital has joined as a core contributor to ƒBTC (FBTC) and will participate as “an investor in Function’s seed funding round.” This partnership enhances Function’s foundation alongside existing contributors Mantle and Antalpha Prime, solidifying its “position as a standard… Read More