January 17, 2025 @ 7:36 am By Omar Faridi  |  

LendInvest Mortgages (LSE: LINV), a fintech platform dedicated to specialised lending, has announced the release of a suite of new and enhanced products designed to better serve the diverse needs of today’s borrowers. Recognizing that not all borrowers fit the traditional lending mold, these updates… Read More

January 16, 2025 @ 7:04 pm By Omar Faridi  |  

Eminence Home Care, a home healthcare agency, has partnered with DailyPay to offer its employees the financial wellness benefit of earned wage access. By offering the benefit, Eminence Home Care is empowering its caregivers with choice and control over their earnings to “pay bills, spend,… Read More

January 16, 2025 @ 7:03 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management, and prime services, is pleased to announce a partnership with Agora, the stablecoin issuer of AUSD (the “first” fully collateralized, freely tradable digital dollar). Copper now offers custody support for Agora’s AUSD, a digital dollar… Read More

January 16, 2025 @ 7:02 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is partnering with Northeastern University in Vancouver to accelerate cybersecurity innovation and expand Canada’s technology workforce. Through 715,000 CAD, the collab will establish the Mastercard Professorship Fund and the Mastercard Vancouver Scholarship, initiatives designed to advance research and create “opportunities for women, BIPOC… Read More

January 16, 2025 @ 7:01 pm By Omar Faridi  |  

Fenergo, the provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, announced  the findings of its report on financial institution enforcement actions. Global regulatory fines in 2024 saw a decline in value from “$6.57 billion in 2023 to… Read More

January 16, 2025 @ 7:00 pm By Omar Faridi  |  

Mini Apps are putting the power of the growing World Network community on “full display.” As noted in a blog post, there are currently more than 22 million people on World Network, including 10,247,382 verified humans. As of January 2025, Mini Apps were seeing as… Read More

January 16, 2025 @ 6:59 pm By Omar Faridi  |  

The U.S. Securities and Exchange Commission (SEC) has filed an appeal against a US federal judge’s decision in its partially unsuccessful case against enterprise blockchain firm Ripple Labs, a move that has been heavily criticized by Ripple’s chief legal officer. In a Jan. 15 filing… Read More

January 16, 2025 @ 5:15 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) latest research finds “shifting preferences” in communication channels and increased investments in AI tools Utilizing data to drive the right approach in a rapidly changing environment is becoming “more impactful to recovery and collections performance than ever.” Those that do will be… Read More

January 16, 2025 @ 1:43 pm By Omar Faridi  |  

From a 7-year low in dealmaking to M&A gaining steam, industry researchers break down key changes in the fintech landscape using CBInsights data. Fintech funding and dealmaking declined again year-over-year (YoY) in 2024, hitting their “lowest levels in 7 years,” the report from CBInsights revealed…. Read More

January 16, 2025 @ 11:01 am By Omar Faridi  |  

CoinGecko noted in a report that Bitcoin’s fourth halving in 2024 marked the start of the cryptocurrency market’s fourth bull cycle, though “not in ways many had anticipated.” CoinGecko pointed out that the web3 and digital assets market’s momentum was significantly driven by macroeconomic policy… Read More

January 16, 2025 @ 10:57 am By Omar Faridi  |  

In the Web3 space, new tokens are constantly emerging, the team at CertiK noted while pointing out that these new tokens may not be safe and could pose certain (serious) risks for holders and traders. CertiK revealed that in the past few months, their security… Read More

January 16, 2025 @ 9:11 am By Omar Faridi  |  

European investment platform Bondora noted recently that the year 2024 ended with growth. According to a blog post by Bondora, December marked another month of sustainable increases, with loans issued by Bondora AS, part of the Bondora Group, increasing by “11.2% month-on-month, reaching a total… Read More

January 16, 2025 @ 8:17 am By Omar Faridi  |  

Ares Management Corporation (NYSE: ARES), a global alternative investment manager, announced today the final closing of its sixth commingled European direct lending fund, Ares Capital Europe VI. With total commitments of €17.1 billion, the Fund closed above its €15 billion target and reached its hard… Read More

January 16, 2025 @ 8:15 am By Omar Faridi  |  

DARAG Group, a legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled insurance carrier of wefox Group, announced the transfer of a run-off “portfolio including Motor Damage and Third Party Liability, Private Liability and Property business across… Read More

January 16, 2025 @ 8:13 am By Omar Faridi  |  

Zilch, a fintech payments innovator of the “ad-subsidized” payments network (ASPN), announces the launch of Zilch Travel. This partnership will reportedly make booking and paying for holidays “easier and more rewarding.” Powered by lastminute.com, a European Travel-Tech firm, the partnership aims to enhance Zilch customers’… Read More

January 15, 2025 @ 4:55 pm By Omar Faridi  |  

Ramirez Asset Management, Inc., a fixed income and equity investment manager serving institutional investors and high net worth investors, has reportedly acquired the private credit opportunities strategy team and their assets from hedge fund manager Avenue Capital Group. The acquisition, which closed on Oct 1,… Read More

January 15, 2025 @ 4:49 pm By Omar Faridi  |  

The CommBank Household Spending Insights (HSI) Index fell by 1.8 per cent in December 2024 after a “strong” Black Friday sales spending boost in November of last year. As noted in the latest report from Australia‘s CommBank, the fall was driven by an “8.3 percent… Read More

January 15, 2025 @ 12:05 pm By Omar Faridi  |  

The North East and London were once again the two “standout performers” in terms of regional business activity growth in December, according to the latest NatWest UK Regional Growth Tracker. Higher business activity was recorded in “three of the 12 nations and regions in December.”… Read More

January 15, 2025 @ 12:04 pm By Omar Faridi  |  

Dr. Sean Dawson, Head of Research at the “decentralized” on-chain options AI-powered platform, Derive.xyz (TVL $128M, $12.3B trade volume), has shared key insights focused on Bitcoin (BTC) and Ethereum (ETH) markets. Dr. Sean Dawson, Head of Research at Derive.xyz noted that in the last 24… Read More

January 15, 2025 @ 8:07 am By Omar Faridi  |  

The UK’s small and medium-sized businesses are bracing for cost increases this year, according to new research from iwoca – one of Europe’s SME lenders. iwoca’s SME Outlook, based on a survey of SME owners, shows that mounting business running costs tops the list of… Read More