Omar Faridi

Fintech TransferGo Introduces Multi-Currency Accounts for Global Business Clients

The global payments landscape is undergoing significant changes, driven by the increasing need for cross-border transactions. TransferGo, a global Fintech company, has launched a multi-currency business account to cater to the growing demands of international businesses. This service allows companies to hold, exchange, send, and… Read More

Japan’s Financial Market Data Provider JPXI Partners with AI Cloud Data Firm Snowflake

JPX Market Innovation & Research, (JPXI), a provider of Japan’s financial market data, and Snowflake, the AI Data Cloud company, announced a partnership in order to disseminate data over Snowflake’s platform. Data provision via Snowflake will enable market participants to get access to JPXI’s data… Read More

Closinglock, a Fraud Prevention Tech Provider for Real Estate Industry, Reports New Funding Round

Closinglock, a fraud prevention tech provider for the real estate industry, announced it closed a $34 million Series B round. The investment round was reportedly led by Sageview Capital and “supported by Headline and RWT Horizons.” This financing will advance the company’s mission to power… Read More

Fuel Ventures Leads Investment in Prosper to Enhance Wealth Management

Fuel Ventures, a UK venture capital firm, announced its investment of £2 million in Prosper, a wealth management platform targeting high net worth individuals that is shaking up the way wealth is managed by unlocking access to private markets and leveraging AI. The investment round… Read More

Copper Enhances Institutional Ethereum (ETH) Staking via Lido Protocol Integration

Copper, a firm focused on digital asset custody, collateral management, and prime services has integrated the Lido protocol, a liquid-staking middleware for Ethereum. Building on Copper’s stETH custody capabilities, this integration enhances Copper’s offering by enabling clients to “stake Ether (ETH) and receive stETH directly… Read More

Nova Credit Introduces Income Navigator to Combat AI-powered Fraud

As the threat of fraud rises with the increasing use of generative AI, traditional methods of verifying consumer information have become inadequate according to an update from Nova Credit. A study projects AI-driven fraud losses could reach “$40 billion by 2027, highlighting the urgent need… Read More

Binance Pay and xMoney to Expand Crypto Accessibility Across European Markets

The partnership between Binance Pay and xMoney, a Web3 payment provider in Europe, highlights the growing significance of web3 technologies in streamlining payments. xMoney operates within a “regulated” framework, complying with the EU’s MiCA regulations. With this partnership, Binance Pay’s merchant network has “grown to… Read More

Troubled German Fintech Solaris Secures Financing to Maintain Operations

Solaris SE, Europe’s embedded finance platform, announced the securing of its Series G funding round. This, after facing significant operational challenges during the past year. The investment round with a total volume of €140 million was led by SBI Group and Boerse Stuttgart Group, with… Read More

Coinbase Obtains VASP Registration from UK’s FCA

Coinbase (NASDAQ:COIN) announced that it has obtained VASP registration in the United Kingdom issued by the Financial Conduct Authority (FCA). Obtaining VASP registration in the UK is a crucial step for cryptocurrency businesses, as it allows them to operate legally and offer services to customers…. Read More

UK Fintech GoCardless Reports Losses, Remains Focused on Business Growth

Bank payments Fintech GoCardless has released its UK Companies House filing for fiscal year 2024, indicating growth in various markets including North America. GoCardless, which claims it managed to lower losses after a 20% reduction in company staff, says it has now shifted some employees… Read More

UK Private Equity Deal Activity Makes a Recovery in 2024 – Report

Total private equity investment activity in the UK rose by 4.4% in 2024, with deal values increasing to their “highest level for two years,” according to the  UK Private Equity Review from KPMG UK. This increase was as a result of a more “stable economic… Read More

Global Venture Capital Deal Value at $87.4B in Q4 2024 – Report

Preqin, the global firm focused on alternatives data and key industry insights, released its Venture Capital Q4 2024 (the Preqin Quarterly Update report). The research report highlights that global venture capital deal value was “up 61% quarter-on-quarter in Q4 2024, to $87.4bn from $54.2bn in… Read More

Viral Crimes, Crypto Scams May Threaten Businesses and Consumers in 2025 – Report

Experian released its Future of Fraud Forecast, revealing emerging fraud threats that could challenge businesses and consumers in 2025. This year’s predictions show that fraudsters will “continue to double down on the digital landscape and leverage Generative AI (GenAI) to commit sophisticated crimes at a… Read More

European Investment Bank Signed €89B in New Financing in Past Year

The European Investment Bank (EIB) Group signed €89 billion in new financing last year. The Group made more investments to strengthen EU energy security, mobilizing over “€100 billion for projects in new and upgraded infrastructure such as grids and interconnectors, renewables, net-zero industries, efficiency and storage.”… Read More

Bitcoin Suisse Joins Chronicle Protocol as Validator Operator

Bitcoin Suisse has entered into a partnership with Chronicle Labs and announces the support of the Chronicle Protocol as a validator node operator. This latest partnership announcement highlights Bitcoin Suisse’s dedication to fostering infrastructure in the blockchain space, “enabling growth and innovation in the cryptocurrency… Read More

Bitcoin Mining Firm Bitfarms Engages Partners to Develop HPC and AI Business

Bitfarms Ltd. (NASDAQ: BITF), a Bitcoin and vertically integrated data center company, announced it has engaged two consultants in HPC strategy and artificial intelligence (AI), Appleby Strategy Group (ASG) and World Wide Technology (WWT), to conduct a feasibility analysis on all its North American sites… Read More

NAB and Amazon Launch PayTo Payment for Amazon Clients in Australia

Customers engaging in e-commerce activities via Amazon.com.au can now use ‘PayTo’ to make a purchase directly from their bank account in a secure way, removing the need to provide sensitive payment card details. The PayTo payment option gives Amazon.com.au customers visibility and control over their… Read More

RWAs in DeFi: Anzen Expands Collateral Backing with Institutional Fund Products from Superstate

At Anzen, they claim to be committed to building a stable, yield-bearing portfolio that remains “resilient” across market cycles. They are pleased to announce a step forward in that mission: the expansion of USDz’s collateral framework to include “institutional-grade” fund products from Superstate. This integration… Read More

Infosys Finacle Introduces Asset Liability Management Solution for Risk and Exposure Oversight

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), announced the launch of the Finacle Asset Liability Management Solution – a liquidity and interest rate risk management solution that provides banks with an “enterprise-wide view of all on-and-off balance sheet exposures.”… Read More

Coinbase to Acquire Onchain Ads and Attribution Platform Spindl

Coinbase (NASDAQ:COIN) is acquiring Spindl, an onchain ads and attribution platform. Today, it’s too difficult for builders to find quality users/distribution. By acquiring Spindl’s team and tech, they’ll be able to help builders go viral onchain and “find distribution on Coinbase and across the onchain… Read More

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