Milo Surpasses $65M Crypto Mortgage Volume, Indicating Real-World Utility for Digital Assets

Milo, a financial technology company and the enabler of crypto mortgage lending, has reportedly achieved a key milestone by “surpassing $65 million in total loan volume for its crypto mortgage offering.” This is said to highlight the demand for alternative financing solutions and validates the… Read More

Shop Circle Reports $60M Series B to Enhance AI-Powered B2B Software

Shop Circle announced the closure of its Series B funding round, securing $60 million in new capital. The funding round was led by Nextalia Ventures, a fund managed by the investment platform of Nextalia SGR S.p.A., with over “$1.6 billion in assets under management.” Additional… Read More

AI Serving Key Role in Payments and Treasury Solution Modernization – Report

AI is advancing as a driver of the “next generation” of payments and treasury solutions, as organizations seek to leverage tech in order to address operational challenges in an effective manner, a research report by HSBC (NYSE: HSBC) in collaboration with Accenture (NYSE: ACN) highlights. The report,… Read More

Payments Processing Fintech Silverflow Partners with Solidgate

Silverflow, the cloud-native payment processing company, has teamed up with Solidgate, an international payment provider specializing in subscription payments, to enhance the subscription payments market. Subscription businesses face inherent challenges, including “high customer acquisition costs, poor first-payment approval rates, and revenue losses from declined recurring… Read More

Southeast Asia’s InsurTech Funding Plummets 61% in 2024 Amid Global Economic Uncertainty

Funding in Southeast Asia’s InsurTech sector slumped sharply in 2024 as investors adopted a more cautious stance amid global economic headwinds, according to a report by data intelligence platform Tracxn. Total investments fell 61 percent to $193 million from $495 million in 2023, reflecting a… Read More

Betterment Announces Acquisition of Ellevest’s Automated Investing Division

Betterment, which claims to be one of the largest independent digital investment advisors in the United States, announced that it has acquired the automated investing business of Ellevest, the investing and wealth management company built by and for women. Betterment says it serves 900,000+ customers… Read More

Stripe Offers to Buy Stock Back from Shareholders Providing Liquidity, Updates on Performance: Top Fintech Valued at $91.5 Billion

Stripe, a payments and cash management platform used widely around the world, says it will extend an offer to shareholders to purchase stock at a valuation of $91.5 Billion or €87.3 billion. Stripe noted that it is profitable and anticipates this will continue going forward…. Read More

Cash Usage Declines across Europe, Consumers Now Considering Digital Euro for Payments – Report

The European Payment Study by management and technology consultancy BearingPoint reveals shifts in payment behavior across European countries. While cash usage continues to dominate transactions in German-speaking countries, it is “steadily declining across the continent.” In Germany, Austria, and Switzerland, cash remains the “most frequently… Read More

London Leads UK with Trust in AI-powered Financial Support – PensionBee Research

Research from PensionBee reveals that Londoners are far more enthusiastic about using artificial intelligence (AI) to help manage their finances compared to the rest of the UK. A nationally representative survey of 1,000 UK adults examining attitudes toward AI in pension customer support revealed “that… Read More

French Investment Platform Shares.io Selects Regtech Fourthline for KYC Processes

Shares.io selects Fourthline for its KYC procedures The French investment platform Shares.io has reportedly chosen Fourthline as its provider for KYC (Know Your Customer) procedures. Shares.com was created by Benjamin Chemla, an entrepreneur with a clear mission: to give everyone the means to “become a… Read More

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