Omar Faridi

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

Bluevine and Xero to Provide Banking Solutions for Small Businesses

Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, announced an ongoing partnership with  small business accounting platform, Xero. Through this collab, Bluevine customers can sync their banking data with Xero, providing small businesses and their accountants with… Read More

Antares Private Credit Fund Launches with $1.4B+ in “Investable” Capital

Antares Capital, an alternative credit manager with approximately $80 billion in capital under management and administration, announced that Antares Private Credit Fund, a public, non-traded business development company (BDC), has launched with “more than $1.4 billion in investable capital.” New as well as existing global… Read More

Blockchain Intelligence Group Secures Contracts Across Agencies

BIGG Digital Assets Inc., an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero, is pleased to announce that Blockchain Intelligence Group (BIG) has acquired and renewed contracts with government agencies as well as law enforcement organizations. BIG is… Read More

Real Estate focused Investment Management Platform Agora Expands Australia Operations

Agora, a platform of software and services that utilizes technology, automation, and real estate expertise to enhance investment management, is reportedly expanding its presence in the Australian market. Agora is forming a sales and support team across Sydney and Melbourne as a part of a… Read More

Global Fintech Adyen Reports Significant Increase in Processing Volumes

Global Fintech firm Adyen (AMS: ADYEN) announced financial results for the half year ending December 31, 2024. The firm’s shares rose around 15% on Thursday after the payments Fintech had reported full-year core earnings that are above market expectations, and forecast greater net revenue growth… Read More

R3 Reports Reaching $10B in On-Chain RWAs Across Corda based Platforms

R3, the financial markets digital solutions provider, announces considerable momentum across projects, having reached the milestone of $10 billion in on-chain real-world assets (RWAs) across live Corda-based platforms, with over “1 million transactions processed each day.” Following the launch of its Digital Markets product suite… Read More

FIS and Affirm to Bring Pay Over Time Capabilities to Debit Issuing Banking Clients

FIS (NYSE: FIS), a global enabler of financial technology, announced a  partnership with Affirm (NASDAQ: AFRM), the payment network that can empower consumers and help merchants drive growth, making Affirm its integrated pay-over-time provider for debit issuers. FIS and Affirm will deliver a program that enables… Read More

Provenance Blockchain Now Has $12B+ in Real World Assets (RWAs) TVL

Provenance Blockchain Foundation is supporting the public blockchain for financial services, with $12B+ in RWA TVL. This public (permissionless) blockchain is reportedly leveraged by various financial institutions and fintech firms. Finance is evolving. Your portfolio won’t just be crypto, it’ll be tokenized real estate, private… Read More

Digital Transformation: Newgen Software Implements Commercial Lending Solution at Enterprise Bank

Newgen Software, a provider of an AI-enabled digital transformation platform, announced the implementation of its commercial lending solution at Enterprise Bank. The collab streamlined the bank’s lending processes, “enhanced efficiency, and improved customer service across its loan portfolio.” Enterprise Bank leveraged Newgen’s Commercial Lending solution… Read More

Payments Fintech Corpay Cross-Border Introduces Multi-Currency Accounts

Corpay, Inc. (NYSE: CPAY), an enabler of corporate payments, is announcing that Corpay’s Cross-Border business has introduced Multi-Currency Accounts, enabling businesses to expand footprints while benefitting from streamlined foreign currency management. While embarking on the milestone of expanding into different markets and engaging with customers,… Read More

TRM Labs Brings Blockchain Intelligence to Devs Building on Unichain

TRM Labs, the provider of blockchain intelligence solutions, announced its integration with Unichain by Uniswap Labs, a “decentralized” Superchain L2 built to power the future of DeFi and cross-chain liquidity. This integration provides developers building on Unichain with access to TRM’s tools, enabling them to… Read More

Tether and Reelly Tech to Streamline Real Estate Transactions in the UAE

Tether Operations Limited, which claims to be one of the largest companies in the digital asset industry, has signed a Memorandum of Understanding (MoU) with Reelly Tech, one of the real estate B2B platforms in the UAE. This marks an advancement in the evolution of… Read More

Insurtech Industry Update: Early-Stage Startups Report Relatively High Deal Sizes

From the “drought” in dealmaking to another solid year for early-stage firms, CBInsights has shared industry trends that are now transforming the global Insurtech sector. The research study from CBInsights notes that during the past year, investors continued to move away from Insurtech firms. According… Read More

Send this to a friend