September 8, 2025 @ 11:27 am By Omar Faridi  |  

Gita Bhatt, a Policy Communications professionals, noted that stablecoins and other financial tech advancements are expected to transform the global economy, presenting both opportunities and significant challenges. As outlined in the International Monetary Fund’s (IMF) recent blog post, policymakers face the complex task of balancing… Read More

 Tagged imf, international monetary fund, perspective, research, stablecoins

September 8, 2025 @ 9:48 am By JD Alois  |  

Snappi is now Greece’s first ECB licensed digital bank, according to a statement by the company. The App focused digital bank based in Ioannina now has its services available via the Apple App Store and Google Play. Snappi offers cards, both digital and physical, transfers,… Read More

 Tagged banking, digital bank, greece, Snappi

September 8, 2025 @ 9:36 am By Omar Faridi  |  

Lead Bank, a 97-year-old financial institution based in Missouri, has reportedly raised $70 million in a funding round, propelling its valuation to  $1.47 billion. This achievement, reported by Bloomberg, nearly doubles the bank’s valuation from the previous year, underscoring its role in serving fintech and… Read More

 Tagged andreessen horowitz, funding round, khosla ventures, Lead Bank, silicon valley

September 8, 2025 @ 4:35 am By Omar Faridi  |  

The European Central Bank (ECB) continues to advance its vision for a digital euro, a project aimed at ensuring the resilience, inclusivity, and stability of digital payments in an increasingly cashless world. In a recent address to the Committee on Economic and Monetary Affairs of… Read More

 Tagged cbdc, digital currency, digital euro, ecb, europe, european central bank

September 8, 2025 @ 1:22 am By Omar Faridi  |  

Digital bank Revolut has appointed Frédéric Oudéa, former CEO of Societe Generale, as chairman of its newly established Western Europe operation. This new hire underscores Fintech Revolut’s push to challenge traditional brick-and-mortar banks across the region, leveraging Oudéa’s experience in global banking to steer its… Read More

 Tagged Business Expansion, digital banking, europe, revolut, valuations

September 7, 2025 @ 10:41 pm By Omar Faridi  |  

Figure Technology Solutions, a blockchain-powered fintech company specializing in mortgage and lending services, is reportedly gearing up for its initial public offering (IPO) on the Nasdaq. Co-founded by SoFi veteran Mike Cagney, the San Francisco-based firm is aiming to secure a valuation of approximately $4.1… Read More

 Tagged figure, figure technology, ipo, nasdaq, us

September 7, 2025 @ 9:32 pm By Omar Faridi  |  

Robinhood Markets Inc. (NASDAQ:HOOD), alongside AppLovin Corp. and Emcor Group Inc., is set to join the prestigious S&P 500 index, as announced by S&P Dow Jones Indices. This change, effective before the market opens on September 22, 2025, marks a pivotal moment for these companies,… Read More

 Tagged robinhood, s&p 500

September 7, 2025 @ 8:38 pm By Omar Faridi  |  

The Financial Industry Regulatory Authority (FINRA) has launched an investigation into allegations of misconduct by former executives of Synapse Financial Technologies Inc., a now-defunct fintech company whose collapse earlier this year left thousands of customers unable to access their savings. The regulatory scrutiny centers on… Read More

 Tagged compliance, enforcement action, finra, synapse, us

September 7, 2025 @ 8:34 pm By Omar Faridi  |  

Amazon (NASDAQ:AMZN) has finalized its acquisition of Bengaluru-based digital lending startup Axio, formerly known as Capital Float. As reported by local sources, the deal, completed eight months after the signing of a definitive agreement in December 2024, marks one of Amazon’s largest buyouts in India,… Read More

 Tagged acquisition, amazon, Axio, online lending

September 7, 2025 @ 8:26 pm By Tony Zerucha  |  

Spinwheel, an agentic AI-powered credit data and payments platform, has received a strategic investment from Citi Ventures. The funding will support Spinwheel’s continued go-to-market growth, expand its agentic AI platform, and build out its data sets and product offerings. In addition, Citi Ventures will advise… Read More

 Tagged agentic ai, arvind purushotham, funding round, spinwheel, Tomas Campos