Memes Lab, the platform linking SocialFi and meme coins, has announced the successful closure of its $2.3 million seed round, led by Lemniscap. The round also included participation from TVM Ventures, Animoca Brands, OKX Ventures, Mirana Ventures, Gate Ventures, MEXC Ventures, Kucoin Ventures, Oak Grove Ventures,… Read More
This week’s crypto sell-off has industry watchers wondering what if any, long-term effects it will have. Two shared their thoughts with Crowdfund Insider. Kevin Rusher founded the real-world asset lending platform RAAC. He believes the sell-off is another reminder that DeFi needs more stable assets… Read More
Recently, payout Fintech Runa launched Runa Assure, a security suite specifically built to fortify payout processes against threats of fraud, cyberattacks, and compliance risks. Runa Assure was purpose-built for instant payout methods, including gift cards, prepaid, and push-to-card. It protects more than two million unique… Read More
BaaS fintech DriveWealth announced last week the expansion of its overnight trading capabilities through a collaboration with OTC Markets Group Inc. (OTCQX: OTCM), an operator of regulated markets for U.S. equity securities. Beginning in March, this new offering is designed to establish DriveWealth as a… Read More
This week, African payment technology firm Flutterwave announced that its foreign currency exchange solution, Swap, is now accessible through the Send App. This helps Nigerians access foreign currencies at competitive exchange rates. Send App users can now convert or transfer Nigerian Naira (NGN) to US… Read More
Debt capital markets Fintech CredCore this week announced a $16 million Series A. The round was led by Avataar Ventures, with participation from Inspired Capital, Fitch Group, BellTower Partners, and senior executives in asset management and financial services. The new funding will be used to… Read More
The British Business Bank has agreed to a further £100 million increase to its existing ENABLE Guarantee transaction with leading Fintech Oxbury Bank, a UK bank with a singular focus on farmers, food production and the rural economy. The ENABLE Guarantee program encourages additional lending… Read More
The recent $LIBRA memecoin debacle is the latest in a long list of lessons in how the cryptocurrency industry needs to shape up if it is to see more widespread acceptance. Chris Chung, founder of Solana-based swap platform Titan, said the crypto industry must call… Read More
A new survey shows nearly half of all financial services executives struggle with managing credit risk and detecting and preventing fraud. It also suggests many are revamping their credit risk decisioning and fraud prevention strategies in 2025, with AI playing a prominent role. These are… Read More
Last week, Signifyd, a provider of fraud and abuse prevention services, announced a partnership with Swap, an e-commerce operating system that consolidates global operations within one platform for e-commerce brands. By integrating Signifyd’s Commerce Protection Platform with Swap Global, merchants can scale internationally while benefiting… Read More
40Seas, an accounts receivable management platform for SMEs, has launched its Trade Insurance Management solution for SMEs. The platform enables live coverage tracking and digital policy compliance for global SMEs and supports coverage from insurers such as Allianz Trade, Atradius, Coface and AIG. Companies, especially SMEs,… Read More
YouHodler chief of markets Ruslan Lienkha comments on recent cryptocurrency trends. How much of the recent crypto price surge can be attributed to social media hype versus fundamental market drivers? “Bitcoin exhibits a strong correlation with the S&P 500, albeit with significantly higher volatility and… Read More
This week, treasury operating system Finmo announced its oversubscribed $18.5 million Series A round, bringing its total funding to $27 million. Finmo plans to accelerate its product development, invest in AI capabilities, and expand its global reach. The round was co-led by Quona Capital and PayPal Ventures with participation from Citi Ventures. The… Read More
Hashdex, a global crypto-focused asset manager, and Nasdaq Global Indexes this week announced the launch of the Hashdex Nasdaq Crypto Index US ETF, a multi-asset spot crypto exchange-traded product available to U.S. investors. The product, now trading on the Nasdaq Stock Market under ticker NCIQ, offers… Read More
Revving, a United Kingdom-based invoice factoring firm, announced this week a £107 million investment led by asset manager DWS. The package includes £100 million of debt funding, which will be invested directly into the UK Adtech sector and wider digital economy. Revving said that the… Read More
An anonymous study of 35,000 users of the finance app Piere suggests Millennials doubt President Donald Trump’s cost-of-living promises as credit debt rises and milestones are delayed, a new report finds. Five out of six do not expect him to reduce their cost of living…. Read More
Datalign, an AI platform matching consumers with leading financial advisors, this week announced a $5 million investment from Link Ventures. That brings their total investment in Datalign to $9 million on a post-money valuation of $75 million. The capital enables Datalign to further accelerate the development of AI… Read More
This week, the Independent Community Bankers of America (ICBA) told the House Financial Services Committee that the new Congress and administration present an opportunity to transform the regulatory environment for community banks to promote locally based economic growth. ICBA president and CEO Rebeca Romero Rainey… Read More
Results of an anonymous analysis of one million users of social finance app Frich find that significant numbers of Generation Z consumers are developing poor financial habits, partially due to a negative view of the future. Many are “doomspending”, maxing out credit cards and not… Read More
In 2024, Zelle reached 151 million enrolled users and helped American consumers and small businesses send more than $1 trillion. The total dollar amount sent on the platform increased 27% from 2023, while Zelle’s transaction volume totaled 3.6 billion, a 25% increase from the prior year. Zelle’s 151 million consumer and small business accounts… Read More
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