November 21, 2025 @ 1:58 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it entered into agreements in order to acquire a 20 per cent stake in the holding company of CMU OmniClear Limited, as the financial market infrastructure operators strengthen their partnership to advance the… Read More

 Tagged clearing, hkex, hong kong, settlement

November 21, 2025 @ 1:26 am By Tony Zerucha  |  

AI insurtech Federato has raised $100 million in Series D funding led by Growth Equity at Goldman Sachs Alternatives, with participation from returning investors Emergence Capital, Caffeinated Capital, StepStone Group, and Pear VC. This latest capital infusion reinforces a major shift in insurer sentiment away… Read More

 Tagged Ascot, Elizabeth Johnson, Federato, funding round, Jade Mandel, Michael Waller, Will Ross

November 21, 2025 @ 12:16 am By Tony Zerucha  |  

Asseta AI, a purpose-built accounting platform for family offices, today announced a $4.2 million seed funding round co-led by Nyca Partners and Motive Partners. The platform supports more than $10 billion in assets. Nearly one-third of family office clients manage over $1 billion. The capital… Read More

 Tagged Asseta AI, Daniel Kennedy, Dean Palmiter, family offices, Harsh Govil, Jasleen Kaur, motive partners

November 20, 2025 @ 9:21 pm By Tony Zerucha  |  

Insurtech Pibit.AI this week announced a $7 million Series A to accelerate development of its Centralized Underwriting Risk Environment (CURETM). The round was led by Stellaris Venture Partners with participation from Y Combinator and Arali Ventures. Pibit.AI was founded by engineer Akash Agarwal. Having grown… Read More

 Tagged Alok Goyal, CURETM, Michaela Morrison, Pibit.AI, underwriting

November 20, 2025 @ 9:15 pm By Omar Faridi  |  

Solflare, the gateway to web3 and modern digital finance, partnered with Mastercard (NYSE: MA), in order to launch the Solflare Card, the self-custody debit card on Solana. Linking to users’ Solflare Wallets, the digital card enables users to complete instant debit card payments with USDC… Read More

 Tagged crypto-assets, sol, solana

November 20, 2025 @ 1:57 pm By Omar Faridi  |  

Maxima, the agentic AI platform for accounting automation, announced $41 million in Seed and Series A from Redpoint Ventures, Kleiner Perkins, Audacious Ventures. Maxima also mentioned in the announcement that the funding round has now been joined by former BlackLine CMO & Chief Strategy Officer… Read More

 Tagged ai, automation, data, funding round, maxima

November 20, 2025 @ 1:26 pm By Omar Faridi  |  

Fasanara Capital has reportedly increased its credit commitment to Addi, a commerce and financial platform in Colombia, by $11 million as part of a $71 million upsizing of Addi’s credit facilities along with Goldman Sachs. This commitment enhances Addi’s capital position and supports its goal… Read More

 Tagged addi, colombia, fasanara, fintech, latam

November 20, 2025 @ 8:20 am By Omar Faridi  |  

Nuvei announced that its eCommerce merchants have started processing transactions via Wero, the digital wallet of the European Payments Initiative (EPI). Wero is designed to deliver instant, secure account-to-account payments across Europe. Earlier, Nuvei were among the payment processors to complete a Wero transaction in… Read More

 Tagged digitalization, europe, nuvei, payments

November 20, 2025 @ 8:15 am By Omar Faridi  |  

Zopa Group PLC, a digital bank reportedly being used by 1.6 million customers, has entered the Investments market in order to help the 15 million UK consumers who currently may hold excess cash and want to grow their money. Intended for the nation’s new generation… Read More

 Tagged investments, savings, uk, united kingdom, zopa bank

November 20, 2025 @ 12:56 am By Omar Faridi  |  

Airwallex, a global financial platform for modern businesses, announced its partnership with the European Payments Initiative (EPI), which developed Wero, the European digital wallet. Via this collab, Airwallex becomes a Principal Member of EPI, allowing merchants on its platform to offer Wero Wallet as a… Read More

 Tagged airwallex, digital finance, payments