January 24, 2025 @ 7:52 am By Omar Faridi  |  

OKX announced that their platform is reportedly the first Virtual Financial Assets (VFA) exchange to secure a Markets in Crypto-Assets Regulation (MiCA) “pre-authorization.” Upon receipt of a full MiCA license, OKX said they will offer “localized” crypto services to over 400 million Europeans via its… Read More

January 24, 2025 @ 7:50 am By Omar Faridi  |  

Trading and investing platform eToro announces a partnership with Stocktwits, which claims to be one of the world’s largest social media platforms for traders & investors. The first phase of the collab reportedly includes Stocktwits adding a ‘trade’ button on their site for “all assets… Read More

January 24, 2025 @ 7:49 am By Omar Faridi  |  

N26 announced free stocks and ETF trading for all customers from 27 January 2025 onwards, enhancing its investment proposition as the “only” financial service provider in Europe to offer trading “without charging fees or commissions.” With this decision, N26 aims to make investing even more… Read More

January 24, 2025 @ 7:48 am By Omar Faridi  |  

A robust spend culture is key to unlocking business potential, with 61% of CFOs highlighting its importance for growth, yet few have struck the “right balance between autonomy and control,” research from Payhawk reveals. The research, conducted by independent research house Coleman Parkes, surveyed 1,000… Read More

January 24, 2025 @ 5:29 am By Omar Faridi  |  

Guggenheim Investments announced the closing of an approximately $400 million vehicle that will invest in Guggenheim’s private debt strategy. The transaction was reportedly led by Allianz Global Investors (AllianzGI). As stated in the announcement, a group of funds managed by StepStone Group (NASDAQ: STEP, ‘StepStone’)… Read More

January 23, 2025 @ 5:26 pm By Omar Faridi  |  

Financial operations platform Ramp introduced Ramp Treasury, which is described as a new solution that radically improves how most businesses store and manage their operating cash. With Ramp Treasury, businesses can store cash in a business account that earns “2.5% or in an investment account… Read More

January 23, 2025 @ 5:25 pm By Omar Faridi  |  

Highnote, a firm specializing in modern card issuance and program management, announced the closing of $90 million in Series B funding and the launch of its acquiring solution. The investment round was reportedly led by Adams Street Partners along with participation from existing investors: Oak… Read More

January 23, 2025 @ 3:22 pm By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML), transaction monitoring and Client Lifecycle Management (CLM), has released its analysis of global financial institution enforcement actions from Jan 1, 2024, to Dec 31, 2024. Fenergo’s report reveals critical insights into the… Read More

January 23, 2025 @ 10:51 am By Omar Faridi  |  

Cainam Ventures, a financial technology startup, is launching a platform that aims to redefine autonomous digital asset trading. Guided by its mission to support the onramp to agentic financial portfolio construction for digital capital investors, Cainam says that it leverages artificial intelligence (AI), large language… Read More

January 23, 2025 @ 10:50 am By Omar Faridi  |  

The financial world has seen significant volatility and transformation over the past several years, with some sectors experiencing steady growth. Equities and crypto / digital assets markets, in particular, have seen a considerable surge, attracting a new generation of investors eager to capitalize on these… Read More

January 23, 2025 @ 10:48 am By Omar Faridi  |  

Persona, a global identity platform, announced significant advancements in its AI-based face spoof detection capabilities. These updates strengthen Persona’s ability to detect and “prevent increasingly sophisticated generative AI fraud techniques.” AI-based face spoofs – such as deepfakes, synthetic faces, and face morphs – have “enabled… Read More

January 23, 2025 @ 8:38 am By Omar Faridi  |  

Tapline reports that it has raised a €20 million pre-Series A funding round comprising both equity and debt. This milestone enables Tapline to scale its operations, expand its innovative platform, and “support the growth of SaaS companies” across Europe. Tapline explained that it provides non-dilutive… Read More

January 23, 2025 @ 8:14 am By Omar Faridi  |  

Sygnum, a global digital asset banking group who recently announced its expanded EU market entry, is enhancing its B2B platform offering via a collab with Societe Generale-FORGE, the digital asset subsidiary of one of Europe’s financial services groups, Société Générale. The EUR CoinVertible (EURCV), a… Read More

January 23, 2025 @ 8:12 am By Omar Faridi  |  

UK’s digital bank Monzo, one of the nation’s most widely-used banking app providers, is gearing up for an initial public offering (IPO) by 2026. The announcement has sparked significant interest in both the financial sector and the broader tech ecosystem. Monzo has become a sort… Read More

January 22, 2025 @ 10:54 pm By Omar Faridi  |  

Paymob, the financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after meeting all regulatory conditions and requirements through a “rigorous approval process.” The license reportedly authorizes Paymob to provide merchant… Read More

January 22, 2025 @ 10:05 pm By Omar Faridi  |  

Westpac has released new data revealing the effectiveness of Australia’s scam prevention efforts. The new analysis conducted by BDO compared Australia, the United Kingdom (UK), Canada and the United States (US) and found Australia is “one of the most successful countries” in bringing down scam… Read More

January 22, 2025 @ 9:10 pm By Omar Faridi  |  

Riot Platforms (NASDAQ: RIOT) has recently launched a formal evaluation of potential AI/HPC uses for remaining 600 MW of power capacity at its Corsicana facility. Riot Platforms says that it has engaged expert consultants in order to assess AI/HPC opportunities and plans to “accelerate engagement… Read More

January 22, 2025 @ 3:47 pm By Omar Faridi  |  

The concept of a U.S. strategic bitcoin reserve under the Trump administration has garnered attention, with Coinbase (NASDAQ:COIN) CEO Brian Armstrong suggesting it as a realistic possibility. Speaking at the World Economic Forum in Davos, Armstrong remarked on Trump’s apparent enthusiasm for cryptocurrency, stating: “He… Read More

January 22, 2025 @ 7:47 am By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML), transaction monitoring and Client Lifecycle Management (CLM), has released its analysis of financial institution enforcement actions for AML and Environmental, Social and Governance (ESG) violations from 1 Jan 2024, to 31 Dec… Read More

January 22, 2025 @ 7:42 am By Omar Faridi  |  

On January 21, 2025, President Donald Trump granted a full and unconditional pardon to Ross Ulbricht, the founder of the infamous (and now defunct) dark web marketplace, Silk Road. Ulbricht had been serving two life sentences without the possibility of parole since his 2015 conviction… Read More