March 27, 2025 @ 12:29 pm By JD Alois  |  

Lloyds Banking Group has partnered with Cambridge Spark to improve its AI capabilities across its senior management teams. Founded in 2016 by Dr. Raoul-Gabriel Urma, Cambridge Spark is a digital skills education provider. In a company statement, Lloyds said its “Leading with AI” program will… Read More

March 27, 2025 @ 12:10 pm By JD Alois  |  

The Securities and Exchange Commission has continued its retreat from regulation by enforcement regarding digital asset firms by ceasing its enforcement action against crypto exchange Kraken. Also known as Payward and Payward Ventures, the Commission said the case was dismissed with prejudice, which means permanently…. Read More

March 27, 2025 @ 10:43 am By JD Alois  |  

Private equity (PE) caught some traction in 2024 as investments and exits finally reversed their two-years of declines. Like most capital, the challenging economic environment impacted capital markets in the past few years. Yet according to a recent report by Bain, things could turn around… Read More

March 27, 2025 @ 10:23 am By JD Alois  |  

Zilch is highlighting that the Financial Times has declared it the fastest-growing Unicorn in the UK. According to the company, Zilch is a payments Fintech that has experienced 300% compound annual growth over the last three years. Earlier this year, Zilch was recognized by the… Read More

March 27, 2025 @ 1:52 am By JD Alois  |  

The Spring Statement, delivered by the Chancellor of the Exchequer, Rachel Reeves, provided much policy to ponder. Buried within the documents were references to PISCES, or the Private Intermittent Securities and Capital Exchange System—a private securities marketplace. While still in the works, PISCES aims to provide a… Read More

March 26, 2025 @ 4:52 pm By JD Alois  |  

While a draft version of the Stable Act has been in circulation for some time now, the House Financial Services Committee has officially introduced the legislation, which aims to enable a regulated environment for the issuance of stablecoins. While many global jurisdictions are pursuing CBDCs… Read More

March 26, 2025 @ 12:09 pm By JD Alois  |  

The American Fintech Council (AFC) has issued a statement addressing Virginia Governor Glenn Youngkin’s veto of SB 1252. The legislation sought to cap interest rates on certain credit options. SB 1252 stated that except as otherwise permitted by law, no contract shall be made for… Read More

March 26, 2025 @ 11:23 am By JD Alois  |  

Bitso Business, a part of Bitso that aims to provide infrastructure for other digital asset firms, says it has launched a new subsidiary called Juno. Juno aims to support the issuance and management of digital assets. Bitso did not clarify if these digital assets included… Read More

March 26, 2025 @ 11:16 am By JD Alois  |  

FV Bank says it has added SWIFT to its platform. The code is ITTLPRS2XXX. FV Bank is based in Puerto Rico and licensed to operate in the US. The bank provides a wide range of traditional banking services while supporting the digital asset ecosystem. By… Read More

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