March 18, 2025 @ 9:47 am By JD Alois  |  

Gibraltar-based Xapo Bank has announced US dollar-based loans backed by Bitcoin. According to the bank, their customers may access credit of up to $1 million, secured by Bitcoin holders. Terms range from 30 days and up to a year. No penalties for early repayment. By… Read More

March 18, 2025 @ 9:38 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has closed on a consultation that discusses changes to public offers and admissions to trading in the UK. Policymakers are looking to improve securities markets in the UK – both public and private. Any updates aim to support capital… Read More

March 18, 2025 @ 1:23 am By JD Alois  |  

The French Autorité des marchés financiers (AMF) has issued a public statement calling on the European Commission to improve capital markets  and boost retail participation away from savings and into “long-term investments.” In the US, over 60% of the population holds shares in public companies. … Read More

March 17, 2025 @ 6:03 pm By JD Alois  |  

Michelle “Miki” Bowman has been selected to become the Vice Chair for Supervision of the Board of Governors of the Federal Reserve System. Posting on Truth Social, President Trump issued the following statement: “I am pleased to announce that Michelle “Miki” Bowman will be the… Read More

March 17, 2025 @ 5:17 pm By JD Alois  |  

Earlier today, it was reported that Affirm (NASDAQ:AFRM) had been pushed out from one of the largest retailers in the world. Klarna, expected to soon become a public company, had announced partnering with OnePay to supplant Affirm in providing buy now pay later (BNPL) services… Read More

March 17, 2025 @ 11:19 am By JD Alois  |  

In advance of next week’s Spring Statement, Trustfull CEO Marko Maras has shared his opinion that anti-fraud measures should be one of the topics covered by the Chancellor of the Exchequer, Rachel Reeves. Maras says that AI-driven fraud is increasing the amount of fraud perpetrated… Read More

March 17, 2025 @ 10:00 am By JD Alois  |  

The UK is in regulatory reduction mode. The Chancellor of the Exchequer, Rachel Reeve, is scheduled to meet with top regulators as she pursues a policy of slashing red tape. The goal is to “make Britain the best place to do business and drive economic growth.” It… Read More

March 17, 2025 @ 9:44 am By JD Alois  |  

Two competitors in the payroll, HR, and payments sector are headed to a court battle, it seems. Via X, Rippling CEO Parker Conrad announced they had filed a lawsuit alleging that Deel cultivated a spy at his company who allegedly stole company information in a… Read More

March 17, 2025 @ 9:21 am By JD Alois  |  

Klarna, a European Fintech, says it will step in and now offer Walmart (NYSE: WMT) customers its buy now pay later (BNPL) service in partnership with OnePay. OnePay is a consumer Fintech backed by Walmart and Ribbit Capital and already used on the Walmart platform…. Read More

March 14, 2025 @ 5:10 pm By JD Alois  |  

Artificial intelligence or AI is the new hotness as everyone rushes to get a piece of the action. While more and more firms are leveraging the technology, AI remains in its infancy, with predictions of greatness still largely unrealized. This is not the only time… Read More

March 14, 2025 @ 12:02 pm By JD Alois  |  

Binance founder and former CEO Changpang “CZ” Zhao says the recent report by WSJ.com got some facts wrong. Apparently, chatter regarding the possible sale of, or investment in, Binance US to the Trump family is inaccurate, and rumblings that he would receive a pardon as… Read More

March 14, 2025 @ 11:34 am By JD Alois  |  

Kirstin Hunter has been appointed as Birchal’s new CEO. Birchal is Australia’s largest securities crowdfunding platform – or crowd-sourced funding as it is labeled in the country. In January, it was revealed that Birchal’s co-founder and CEO, Matt Vitale, was stepping down from the position… Read More

March 14, 2025 @ 11:20 am By JD Alois  |  

Raisin, a savings and investment Fintech, has launched in Finland. Raisin allows users, including individuals and client banks, to search for the highest rate of returns for savings accounts. In some regions, Raisin offers other investment opportunities. Raisin reports over €70 billion in deposits facilitated… Read More

March 13, 2025 @ 12:25 pm By JD Alois  |  

The Canadian Securities Administrators (CSA), the Canadian Anti-Fraud Centre (CAFC) and the Royal Canadian Mounted Police (RCMP) have joined to issued a statement about the perils of financial fraud. While it is Fraud Prevention Month in Canada, consumers should always be aware of the various… Read More

March 13, 2025 @ 9:59 am By JD Alois  |  

Mifundo reports that it has partnered with Experian to enable cross-border credit in the EU. Experience is a top credit reporting and analytics firm that provides services globally. Mifundo, founded in 2028 and based in Estonia, is developing an artificial intelligence cross-border date platform to power… Read More

March 13, 2025 @ 9:33 am By JD Alois  |  

Hornby, a 124-year-old UK firm specializing in model trains, has announced its intent to delist shares from AIM. The microcap generated revenue for the six months to September 2024 of £25.0 million, which was 10% higher than 2023 at £22.7 million. The company lost over… Read More

March 12, 2025 @ 10:29 pm By JD Alois  |  

Abu Dhabi-based tech investor MGX has committed to investing $2 billion in Binance, according to a company statement. Binance is the largest crypto exchange in the world, reporting over 260 million registered users and $100 trillion in cumulative trading volume. The investment is claimed to… Read More

March 12, 2025 @ 5:56 pm By JD Alois  |  

Newsmax, a conservative-leaning news startup, plans to go public on March 31, 2025. Shares are expected to trade on the NYSE under the ticker symbol NMAX. NewsMax recently completed a Reg D offering, reportedly raising $225 million from Accredited Investors. The company now says it… Read More

March 12, 2025 @ 5:20 pm By JD Alois  |  

FinCEN, the enforcement arm of the US Department of Treasury, is taking an interesting approach to battling nefarious activities occurring the the US. According to a public statement, FinCEN is gunning for Mexican cartels who utilize money services businesses in the Southwest of the country…. Read More

March 12, 2025 @ 5:01 pm By JD Alois  |  

Financial management Fintech Mimo says it has raised $8.5 million in equity capital and $125+ million in “embedded finance.” Mimo is short for Money in, Money out. Mimo was founded in 2023 by Henrik Grim (CEO), Alexander Gernandt Segerby (CPO), and Andreas Meisingseth (CTO). The… Read More