Grab’s $1.49B Purchase Tops Last Week’s Fintech Raises and Acquisitions

Grab nabs majority Atome share for $1.49B The consumer finance play helps Grab access Atome’s lending and BNPL presence in Southeast Asia. Kaiko extends $110M Series B Kaiko provides data services for on-chain finance. The extension was led by S&P Global and included participation from… Read More

The CLARITY Act Fallout Dominates Digital Assets Thoughts of the Week

  Unsurprisingly, digital asset insiders were focused on the CLARITY Act this week. Not completely, however. Read on to find some interesting takes on several other topics. The CLARITY Act “The nation’s banks continue to support creating a strong, durable regulatory framework for digital assets… Read More

Partior, LSEG Digital Settlement House Partner to Keep Liquidity Moving Around the Clock

Partior and LSEG Digital Settlement House have joined forces to give settlement banks continuous access to liquidity on Partior’s cross-border payments network. The two firms, working with several large banks, are building a Multi-Settlement Bank model that pairs correspondent banking’s reach with digital settlement speed,… Read More

Manchester Fintech Ryft Closes £20M Series B for Europe and US Business Expansion Efforts

Manchester payments firm Ryft has closed a £20 million Series B round to take its multi-party payment infrastructure beyond Britain and into continental Europe and the United States. The raise was led by Gresham House Ventures, with follow-on support from existing backers Pembroke VCT and… Read More

Digital Bank Revolut Expands in Colombia and Switzerland while Managing Major Security and Data Breach

Revolut’s latest expansion push arrives alongside a difficult security episode that the company is still managing. The London-based digital bank said this week that Colombia’s financial supervisor had granted it an operating licence, completing the last regulatory hurdle before it can open as a locally… Read More

Hong Kong Unveils Five-Year Plan to Deepen Financial, Trade, and Technology Hubs

Hong Kong has unveiled a five-year economic plan aimed at strengthening its role as an international financial, maritime, and trade centre while expanding its position as an innovation and technology hub and a centre for high-calibre talent. Chief Executive John Lee announced the First Five-Year… Read More

Digital Bank Revolut Denies Direct Contact From Group Claiming Data Breach Ransom

Revolut has stated that it has not received any direct ransom request from people claiming responsibility for a recent customer-data incident. The digital bank said it has had no contact from the group that later posted a public ultimatum online. The company first disclosed the… Read More

Singapore, China Deepen Cooperation on Transition, Adaptation Finance

Singapore and China are expanding cooperation on sustainable finance, including transition activities, climate adaptation, and resilience, as regulators seek to develop financing mechanisms for projects exposed to climate risks. The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) held their fourth… Read More

ETFBook Secures Series A Funding for US and APAC Business Expansion

Zurich-based ETF data specialist ETFBook has closed a €4 million Series A round led by BlackFin Capital Partners, with participation from former Amundi ETF head Arnaud Llinas. The capital is intended to support product development, talent hiring, and geographic growth into the United States and… Read More

Visa, Mastercard Settlement Faces Merchant Pushback in Court

Nearly a thousand US retailers and trade groups have asked a federal judge to reject a proposed deal that would resolve a two-decade antitrust fight over Visa (NYSE:V) and Mastercard (NYSE:MA) swipe fees. The Merchant Payments Coalition said 978 businesses and associations filed objections with… Read More

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