March 26, 2025 @ 11:08 am By JD Alois  |  

PayPal (NASDAQ: PYPL), a payments Fintech that is now more of a neobank, has reported over $30 billion in loans since 2013. PayPal said that online loan originations, including cash advances, had surpassed 1.4 million for more than 420,000 business accounts. PayPal offers credit products… Read More

March 26, 2025 @ 10:52 am By JD Alois  |  

The Spring Statement is always a grab bag of policies claiming to solve just about every economic woe. The Chancellor of the Exchequer, Rachel Reeves, shared her policy vision for the future today, and once again, the delivery promised fixes to an economy that continues… Read More

March 26, 2025 @ 9:11 am By JD Alois  |  

While certain malcontents bemoan successful individuals, the reality is that when markets reward innovative entrepreneurs, they tend to use this success to support others attempting to do the same. This is one of the reasons the US innovation ecosystem has been thriving, creating the most… Read More

March 25, 2025 @ 1:13 pm By JD Alois  |  

Private securities markets have boomed in recent years, meanwhile, the number of publicly listed firms have been on the decline. This is largely due to the onerous cost and ongoing burden of becoming a public company – this and the fact there is an ocean… Read More

March 25, 2025 @ 10:34 am By JD Alois  |  

Emergence Capital is reporting that it has just raised $1 billion for a new fund that will support early-stage B2B firms. Fund VII is said to arrive at a key inflection point as artificial intelligence is poised to alter the way everyone does work. Emergence… Read More

March 25, 2025 @ 9:40 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has revealed its five-year plan, which will focus on four priorities. The FCA is a unique regulator as it holds a competition mandate: it must enable competition. Otherwise, the regulator pursues consumer protection and market integrity. Since 2023, the… Read More

March 25, 2025 @ 9:25 am By JD Alois  |  

Tomorrow, the Chancellor of the Exchequer, Rachel Reeves, will deliver the Spring Statement, and the Fintech industry will be watching closely to see how future policy will impact their sector and other changes that may affect the economy in general. The UK government has already announced it… Read More

March 24, 2025 @ 5:40 pm By JD Alois  |  

The House Financial Services Committee will meet tomorrow (March 25, 2025) to discuss access to capital for private firms. Associated with the hearing is a long list of legislation; many bills have made the Congressional rounds before, but with both the House and the Senate… Read More

March 24, 2025 @ 5:16 pm By JD Alois  |  

Ensuring private firms can access money to grow is vital to the economy. Entrepreneurs and smaller firms generate jobs, fuel the economy, and drive wealth creation. There is a reason that many big, successful tech firms are based in the US and not in other… Read More

March 24, 2025 @ 11:58 am By JD Alois  |  

The Chancellor of the Exchequer, Rachel Reeves, will deliver the Spring Statement at approximately 12:30 pm GMT on Wednesday 26 March.  The presentation to Parliament will be keenly watched by policymakers and financial markets. Reeves is expected to address a litany of challenges while sharing… Read More

March 24, 2025 @ 11:39 am By JD Alois  |  

StartEngine Private has announced an offering of Kraken (Payward, Inc. d/b/a Kraken)  shares. Kraken is one of the largest crypto exchanges in the world, currently ranked 13th by daily volume. It has been reported that Kraken is considering an initial public offering (IPO) next year. Its… Read More

March 21, 2025 @ 4:01 pm By JD Alois  |  

Global Financial Centres Index (GFCI), published by Z/Yen, was released yesterday, and New York City was in first place, as it has been for many years. London, a global finance hub, was in second place, but it was shown as closing the gap with NYC…. Read More

March 21, 2025 @ 11:47 am By JD Alois  |  

The US Department of Treasury has announced that it has removed the economic sanctions applied to Tornado Cash, a crypto mixer. Tornado Cash, a decentralized platform, enables users to cloak crypto activity to a certain degree. In 2222, Treasury’s Office of Foreign Assets Control (OFAC)… Read More

March 21, 2025 @ 10:41 am By JD Alois  |  

The Bank of England’s Monetary Policy Committee (MPC) has decided to hold its benchmark rate steady at 4.5%. This follows the US Federal Reserve’s decision not to change its rates. The MPC voted 8 to 1, with one member preferring to cut rates by 25 basis… Read More

March 21, 2025 @ 10:25 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has dramatically changed its position regarding digital assets following the change in administration with President Donald Trump’s election. The Commission is now controlled by Republicans, who typically are more supportive of innovation and entrepreneurship. This includes financial services. Previously,… Read More

March 21, 2025 @ 8:45 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) has joined the ERC3643 Association – the advocate group for the ERC3643 token standard. ERC3643 was created by Tokeny, a leading digital security enabler based in Luxembourg. Luc Falempin, CEO of Tokeny, said that having “DTCC join the… Read More

March 21, 2025 @ 6:30 am By JD Alois  |  

The British Business Bank has committed up to £30 million to THENA Capital’s inaugural UK MedTech Fund. The fund reportedly has held its first close at £27 million with commitments from Firebird Collective, This Day Foundation, Baroness Martha Lane Fox, and other individuals. The fund… Read More

March 20, 2025 @ 4:03 pm By JD Alois  |  

Robinhood  (NASDAQ: HOOD) has announced a new business segment with the launch of a prediction markets hub. The new vertical is operated by Robinhood Derivatives. The hub will enable trading on contracts for what the upper bound of the target Fed funds rate may be… Read More

March 20, 2025 @ 2:17 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has issued a statement on Proof of Work (PoW), a characteristic of some digital assets – most prominently Bitcoin. Proof of Work is a way to validate and mint new crypto. At one time, Ethereum was PoW, but it… Read More

March 20, 2025 @ 12:08 pm By JD Alois  |  

Two financial fraud experts say the Chancellor of the Exchequer, Rachel Reeves, needs to address the growing issue of financial fraud during next week’s Spring Statement. Silvija Krupena, Director of the Financial Intelligence Unit at RedCompass Labs, and Jonathan Frost, Director of Global Advisory at… Read More