April 16, 2025 @ 8:00 am By Omar Faridi  |  

bunq, which claims to be among some of the largest neobanks in Europe, is moving forward with its US banking license process, according to an update shared with CI. The company has filed for a broker-dealer license as “part of a two-phase strategy to enter… Read More

 Tagged bunq, europe, neobank, us

April 16, 2025 @ 7:59 am By Omar Faridi  |  

Irish capital markets tech firm Assiduous has reportedly acquired €1 million in funding. Assiduous Corp Ltd., an Irish capital markets tech firm, recently revealed that it has secured €1 million in new funding and also unveiled the launch of the Corporate Finance Autopilot. Assiduous’ Corporate… Read More

 Tagged assiduous corp, capital markets, corporate finance, funding round, ireland

April 15, 2025 @ 10:01 pm By Omar Faridi  |  

GXS Bank announced that it has received regulatory approval to acquire Validus Capital Pte Ltd, the Singapore subsidiary of Validus Investment Holdings Pte Ltd. This is the first such acquisition of a local financial technology company “by a homegrown digital bank in Singapore.” Validus Capital… Read More

 Tagged acquisition, gxs bank, singapore, validus capital, validus investment holdings

April 15, 2025 @ 5:21 pm By Tony Zerucha  |  

Galileo Financial Technologies, SoFi Technologies‘ Technology Platform (NASDAQ: SOFI), has launched Deposit Sweep. It enables fintechs to partner with a network of participating banks and a deposit sweep provider to offer their customers the opportunity to maximize interest earnings and extend FDIC insurance coverage. Galileo… Read More

 Tagged david feuer, Deposit Sweep, galileo, Herman Man, sofi

April 15, 2025 @ 5:17 pm By Omar Faridi  |  

C2FO, the world’s on-demand working capital platform, has announced the completion of a $30 million funding round with the International Finance Corporation (IFC), a member of the World Bank Group, and existing shareholders. This infusion of capital will help accelerate the “technical development and expansion… Read More

 Tagged c2fo, financing, ifc, working capital

April 15, 2025 @ 11:40 am By Omar Faridi  |  

Brazil’s digital bank Nubank (NYSE: NU), continues to redefine banking with a series of  initiatives unveiled this month. From debt renegotiation campaigns to marketing and new financial products in Brazil and Mexico, Nubank is doubling down on its mission to simplify finance, promote inclusion, and… Read More

 Tagged brazil, digital banking, latam, nubank

April 15, 2025 @ 10:31 am By JD Alois  |  

Stich, a Fintech payments venture based in South Africa, has raised $55 million in a Series B funding round led by QED Investors. Other investors include Flourish Ventures, Norrsken22, and Glynn Capital. Existing investors include Ribbit Capital, PayPal Ventures, Firstminute Capital, and angels like Trevor… Read More

 Tagged payments, qed, qed investors, south africa, south aftica

April 15, 2025 @ 10:15 am By Omar Faridi  |  

Gradient Labs is an AI company that has built (what they claim to be) the only safe AI customer service agents for regulated industries, including financial services, fintech, and insurance. While AI-powered customer service isn’t new, regulated industries have been left behind due to strict… Read More

 Tagged dimitri masin, gradient labs, interview

April 15, 2025 @ 8:23 am By Omar Faridi  |  

Tapcheck, an on-demand pay provider, announced it has raised $225 million in combined equity and debt financing. This latest investment round reportedly includes a $25 million Series A extension round led by existing investor, PeakSpan Capital, and a $200 million credit facility provided by Victory… Read More

 Tagged debt financing, earned wage access, equit, ewa, on-demand pay, tapcheck

April 15, 2025 @ 8:14 am By Omar Faridi  |  

Kraken, which claims to be one of the longest standing and most secure cryptocurrency platforms, announced the initial rollout of commission-free trading for over 11,000 U.S.-listed stocks and ETFs to “clients in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama and the… Read More

 Tagged etfs, kraken, stocks, trading, us