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Legion Raises $38 Million, Emerges from Stealth

Legion, a browser-native AI Security Operations Center (SOC), is reporting a $38 million Seed round while emerging from stealth mode. The company notes that it has previously raised an early seed round. According to a note from the company, funding was led by Coatue, with… Read More

Successful UK Fintech Wise to List Shares in the US, Will Maintain Secondary Listing in London

Wise (LON:WISE), formerly known as Transferwise, will seek a listing on a US exchange following a shareholder vote. Wise is one of the most successful Fintechs in the UK. In 2024, Wise reported that it enabled £118.5 billion in cross-border transactions, while saving customers over… Read More

Senator Cynthia Lummis Introduces Legislation that Considers Crypto When Applying for a Mortgage

Senator Cynthia Lummis, a longtime advocate for digital assets, has introduced the 21st Century Mortgage Act, which requires government-sponsored enterprises to consider digital assets when assessing single-family mortgage eligibility. In effect, if you hold crypto, this asset may be considered as part of your mortgage… Read More

AI-Powered Firm Sparrow, Used by OpeanAI, Anthropic, Raises $35 Million Series B

Artificial Intelligence (AI) powered firm Sparrow has raised $35 million in Series B funding, according to a note from the firm. The funding was led by SLW, with backing from Greg Brockman (OpenAI), SHRM, and Jeffrey Katzenberg, founder of DreamWorks. Sparrow is a firm that… Read More

UK FCA Alleges £23 Million Raised in Illegal Investment Ploy by Concept Capital Group

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The UK Financial Conduct Authority (FCA) is alleging that Concept Capital Group (CCG) and its principals participated in an unauthorized investment plan that raised over £23 million. Court proceedings have just begun, but the agency has issued a statement highlighting that the enforcement action will… Read More

Fraud Prevention Firm Trustfulll Raises €6 Million

European fraud prevention firm Trustfull has closed on a €6 million investment round led by Seaya Ventures and Elevator Ventures, according to a note from the company. Existing investor United Ventures also participated in the round. The new money is expected to be used to… Read More

British Business Bank Reports £2.5 Billion Lent Under Growth Guarantee Scheme

The British Business Bank is reporting £2.5 billion of lending under its Growth Guarantee Scheme. Much of the financing went to firms outside of London. Overall, the lending has gone to £368 million for manufacturing, over £366 million to wholesale and retail, and over £234… Read More

Insurtech: DynaRisk Raises $4.7 Million

London-based DynaRisk has raised $4.7 million in a funding round led by YFM Equity Partners. DynaRisk is a “cyber intelligence SaaS provider” supporting insurers to identify, monitor, and reduce policyholder cyber risk Founded in 2016, the company was created by CEO Andrew Martin, who is… Read More

Lean Technologies Gains In Principle Approval from Central Bank of the UAE

Lean Technologies has gained in-principle approval from the Central Bank of the UAE. Lean is a financial infrastructure firm enabling payments and data for businesses.  Founded in 2019, Lean reports supporting over 300 companies and has processed more than $2 billion in transaction volume through… Read More

Largest European AI Deal: Cognigy Acquired by NiCE

In what is being touted as the largest European AI deal yet, Cognigy has been acquired by NiCE for a reported $955 million. Cognigy is an agentic AI platform for customer service. NiCE also offers AI-powered customer experience solutions. Venture investors are expected to receive… Read More

FCA Appoints Interim Chair of Financial Ombudsman

The UK Financial Conduct Authority (FCA) has announced a new interim Chair of the Financial Ombudsman. Liam Coleman will be taking over from Zahida Manzoor CBE, who is exiting after two years in the position. Manzoor’s departure was anticipated as it was revealed this past… Read More

US Senators Introduce Legislation to Safeguard Usage of Cash

The greenback remains king, but the use of physical cash continues to decline as digital payments, typically made via credit/debit cards, continue to grow. As newer forms of payments like stablecoins emerge, two US Senators want to ensure cash will be accepted for purchases at… Read More

Anthony Pompliano’s ProCap BTC Updates Merger with Columbus Circle Capital

ProCap BTC LLC has updated its merger agreement with Columbus Circle Capital Corp I (NASDAQ:CCCM), a SPAC deal that was recently announced. ProCap BTC is the creation of Anthony Pompliano, a well-known digital asset advocate. When the business combination was announced, ProCap BTC revealed that… Read More

Two Accredited Investor Bills Have Been Approved in the House of Representatives

So far this year, the US House of Representatives has approved two bills that aim to update the definition of an Accredited Investor. An Accredited Investor is broadly defined as someone who earns over $200,000 per year ($300,000 if married) or has a net worth… Read More

Republic to Accept USDC Stablecoin

Republic, the world’s largest online capital formation platform, will soon accept dollar-based stablecoin USDC. USDC is issued by Circle and is the second largest stablecoin in the market – the other being Tether. While USDC may be in second place, many expect it to vault… Read More

Autorité des Marchés Financiers Continues to Warn Public About Bogus Crypto Sites

While Europe has enacted defined rules for the digital asset sector, the challenge with bogus sites seeking to fleece the unsuspecting persists. The  Autorité des Marchés Financiers (AMF), the French securities regulator, highlights this issue with regular updates to the “black list.” Today, the AMF… Read More

Report Says $94.9 Billion raised by California Tech in First 6 Months of 2025, San Francisco Still on Top

While San Francisco has earned a reputation as a dystopian left-wing policy disaster, it remains the hottest spot for tech funding in the US. This is according to a recent report from Tracxn, which claims that in California $94.8 billion was raised in the first… Read More

Legion M to Close Out 10th Investment Crowdfunding Round

Legion M, a crowd-powered film studio, is reporting that it is nearing the close of its 10th online securities offering, having now raised over $25 million from 58,000 investors. This most recent funding round has raised almost $3 million from 5,840 investors, with nearly 70%… Read More

QED Leads Funding of april, An Embedded AI Tax Platform

Tax platform april has raised $38 million in Series B funding, according to a public statement. The funding round was led by QED Investors, a top Fintech investor, with participation from Nyca Partners and Team8. The Series B brings the company’s total funding to $78… Read More

The GENIUS Act will Bring Back Talent to the US

Punitive policies directed toward digital asset innovation compelled many entrepreneurs to flee the US during the Biden Administration. It is difficult to estimate the extent to which this myopic approach has undermined the Fintech sector in the country, but fortunately, the Trump Administration has embraced… Read More

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