Omar Faridi

Corridor Platforms and Google Cloud to Solve GenAI Governance for Banks

Corridor Platforms collaborates with Google Cloud in order to solve GenAI governance for banks. The partnership enables banks to deploy GenAI apps, leveraging Corridor’s GenGuardX platform for governance, compliance, and risk management Corridor Platforms, the enabler of AI governance solutions, announces a partnership with Google… Read More

Standard Chartered, Animoca Brands, HKT Form JV to Issue HKD backed Stablecoin

Standard Chartered Bank (LON: STAN), Animoca Brands, and HKT have entered into agreements to establish a joint venture with the intention to apply for a license from the Hong Kong Monetary Authority (HKMA) in the new regulatory regime in order to issue “a Hong Kong… Read More

Fintech Platform Checkout.com Enables Vinted’s Growth with Frictionless Payments

Checkout.com, a global digital payments company, announces its partnership with Vinted, Europe’s online marketplace for second-hand fashion. With members across 20+ countries, Vinted is enhancing the second-hand fashion industry by “empowering individuals to buy and sell pre-loved items with ease through its digital platform.” Through… Read More

Egypt’s B2B SaaS Startup Qme Announces $3M Seed Round

Qme, a B2B SaaS startup based in Egypt, has reportedly acquired $3 million in a seed funding round that was led by AHOY, a multisector tech company, along with angel investors from the GCC. Qme is an AI-enhanced platform addressing a key issue in MENA,… Read More

UK’s Digital Trade Finance Firm ELCY Acquired By Surecomp

Surecomp announced the acquisition of ELCY Ltd, a UK-based digital trade finance solution provider. This move reinforces Surecomp’s commitment to “driving digital trade finance transformation through innovation and collaboration.” The ELCY multi-bank solution, elcyMBP, will reportedly become “a module on Surecomp’s RIVO platform, creating a… Read More

Antler Announces €100M Nordic Fund with Focus on Finland

Global venture capital firm Antler has closed its second Nordic-focused fund, which is valued at roughly €100 million at the final closing. The fund will invest in early-stage tech companies across the Nordics with a significant “focus on Finland.” Enni Rautio, Interim Director of Tesi’s… Read More

Eurobank and LTIMindtree to Enhance Digital Banking Services

Eurobank S.A., a subsidiary of Eurobank Holdings, a banking group in Athens, Greece and LTIMindtree, a technology consulting and digital solutions company, joined forces to initiate cooperation focused on enhancing customer experience by improving banking operations and “building innovative IT services for Eurobank and its… Read More

Market Pay Announces Acquisition of Altapay, Strengthening Scandinavian Market Operations

Market Pay Group announced the signing of an agreement to acquire Altapay, a payment service provider (PSP) headquartered in Copenhagen, Denmark. Altapay, which serves over 400 merchants, has developed “expertise in managing online transactions.” With a portfolio of local and international payment methods, as well… Read More

ShopMate and DNA Payments to Streamline Payments for Merchants

ShopMate is pleased to announce its partnership with DNA Payments, a leading provider of advanced payment solutions. Through this partnership, ShopMate is enhancing its support for retailers by integrating an “efficient payment solution into its EPOS system, ShopMate Pay.” ShopMate Pay will be available to… Read More

Digital Assets: Bullish Exchange and Anboto Labs to Enhance Liquidity for Institutional Traders

Bullish, one of the regulated digital asset exchanges, announced it has integrated with algorithmic crypto trading execution tool provider Anboto Labs, to enhance the trading experience for institutional investors. Mutual customers can now leverage Anboto Labs’ Order Execution Management System (OEMS), a “suite of advanced… Read More

QuEra Computing Reports $230M Financing to Enable Quantum Computing Advancements

QuEra Computing, the firm focused on neutral-atom quantum computing,  announced it has completed a financing of more than $230 million. The funds will be used to accelerate the development and production of large-scale, fault-tolerant quantum computers, “reinforcing the company’s position at the forefront of quantum… Read More

Blockchain for Stablecoin Payments : Plasma Reports $24M in New Funding

Plasma, a “purpose-built” blockchain for stablecoin payments, announced it has secured $24 million in funding. Plasma has raised $20 million in a Series A led by Framework Ventures, a  crypto-native venture capital firm “known for its early entrance in the DeFi, AI, and DePIN spaces.”… Read More

Futures Brokerage Firm RJO Partners with London based Phlo Systems

R.J. O’Brien & Associates (RJO), the futures brokerage and clearing firm in the United States, and Phlo Systems, a provider of digital solutions for commodity trading, trade finance and international trade compliance, announced that the firms have entered into a tech partnership, which includes an… Read More

Phoenix Labs CEO Comments on Potential of Euro backed Stablecoins in 2025

With Bitcoin price surpassing $100K, it’s arguable that 2025 is starting strong for the crypto industry. Regulatory developments in Hong Kong and the United Kingdom, combined with regime change in the United States, could set the stage for more institutional and mainstream adoption of stablecoins…. Read More

Bitget Obtains VASP License in Bulgaria Aligning with EU Expansion Strategy

Bitget, the cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency. The licensing now enables Bitget to offer a suite of crypto services within Bulgaria, including the “exchange, trading, transfer, custody, and public offering of… Read More

Danish Payments Reconciliation Software Firm Storebuddy Acquired By Ageras

With the acquisition of Danish payment reconciliation software Storebuddy, accounting platform Ageras rolls-up its seventh company -preceded by its 2024 acquisition of business banking provider Shine from Société Générale– to complement its service offering and “enhance its position as a leading accounting platform for SMEs… Read More

Harvey, an AI Platform for Legal Services, Reports $300M Series D Round

Harvey has reportedly finalized a $300 million series D funding round at a $3 billion valuation. Harvey, which is described as the domain-specific (artificial intelligence) AI platform transforming workflows for legal and professional services, has recently confirmed its $300 million Series D financing, bringing its… Read More

Multiples Alternate Asset Management Announces Acquisition of Controlling Stake in QBurst

Multiples Alternate Asset Management, along with its co-investors, announced that it has signed definitive documents to acquire a controlling stake in digital product engineering platform, QBurst. This transaction, with an investment of $200 million, reportedly “marks Multiples’ largest control investment in technology services.” Established back… Read More

UK Fintech GoCardless Selects Form3 for Bacs Payment Connectivity

GoCardless, the bank payment company, announces that it has selected Form3, the cloud-native account-to-account platform, to provide them with Bacs payment connectivity to “support the scale up of UK operations.” Form3’s technology solution provides GoCardless with improved operational and technical resilience to “ensure that service… Read More

AU10TIX Fraudulent Activities Report: Fraud as a Service on the Rise

AU10TIX, a technology firm that’s focused on supporting identity verification and management, released its latest Report on Global Identity Fraud. Obtaining insights from transactions processed around the globe from Jan to Dec 2024, the report uncovers trends in organized identity fraud. “2024: The Year of… Read More

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