January 22, 2025 @ 7:21 am By Omar Faridi  |  

Nu Holdings Ltd (NYSE: NU), the parent company of Nubank and Latin America’s most valuable fintech, is weighing the possibility of relocating its legal base to the United Kingdom as it eyes broader global expansion, including a potential entry into the highly competitive US markets…. Read More

 Tagged digital banking, latam, nubank, united kingdom

January 21, 2025 @ 9:11 pm By Michael Wong  |  

Skor Technologies, the Indonesian parent company of credit-education platform Skorlife and the Skorcard digital-first credit card, has raised $6.2 million in a pre Series-A funding round led by Southeast Asia-focused Argor Capital. The round also saw participation from existing backers QED Investors and Saison Capital,… Read More

 Tagged digital lending, indonesia, Online Credit, Skor Technologies, Skorcard, Skorlife

January 21, 2025 @ 5:09 pm By Omar Faridi  |  

Colbeck Capital Management, a middle-market private credit firm focused on lending, has recently announced that it raised $700 million in capital commitments for its third flagship fund, Colbeck Strategic Lending III, “exceeding its target by 40%.” The Fund received support from existing Colbeck clients and… Read More

 Tagged colbeck capital management, lending, private credit

January 21, 2025 @ 2:51 pm By Omar Faridi  |  

Generali Investments, a global investment management firm and part of the Generali Group, and MGG Investment Group (MGG), a U.S. private direct lending investment firm with over $6 billion in assets under management, announced the signing of a definitive agreement under which Generali Investments’ wholly-owned… Read More

 Tagged generali investments, investments, lending, mgg investment group

January 21, 2025 @ 11:34 am By Omar Faridi  |  

Adopting the new global standard for payments is more important than ever, according to an update from Swift. As the financial industry moves closer to the CBPR+ November 2025 deadline, Swift has shared comments on some key developments. CBPR+ stands for Cross-border Payments and Reporting… Read More

 Tagged payments, swift

January 21, 2025 @ 10:26 am By Omar Faridi  |  

UK capital markets are being held back by low levels of retail investment, as an abrdn report shows the extent to which wealth is being skewed towards property and cash compared with some other G7 countries. Looking at what percentage of people’s wealth is held… Read More

 Tagged abrdn, capital markets, research, uk, united kingdom

January 21, 2025 @ 8:23 am By Omar Faridi  |  

SIX, the provider of fund data in Switzerland, announces the acquisition of Swiss Fund Data (SFD). This acquisition supports SIX’s commitment to the Swiss fund market, ensuring the continued provision of “transparent, reliable, and consistent data for both domestic and foreign funds.” SFD plays a… Read More

 Tagged acquisition, europe, six, switzerland

January 21, 2025 @ 8:20 am By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) is reportedly expanding the feature that rewards holders of the digital dollar USDC to all users of Nubank Cripto in Brazil. As noted by Nubank, this latest expansion allows daily returns on a minimum balance of “10 USDC… Read More

 Tagged brazil, digital banking, latam, nubank, stablecoins, usdc

January 21, 2025 @ 8:19 am By Omar Faridi  |  

Revolut, a digital bank claiming over 50 million customers globally has announced the roll-out of In-App calls to personal customers, a security measure to help customers uncover impersonation scams, and make contact between customer support and customers “more reliable and safer.” Impersonation scams are when… Read More

 Tagged banking, digital bank, fraud, revolut

January 21, 2025 @ 8:18 am By Tony Zerucha  |  

Socure, a provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, this week unveiled research revealing that one in eight Americans (13%) committed first-party fraud over the 2024 holiday shopping season. First-party fraud, sometimes referred to as “friendly fraud,” occurs when consumers exploit return and refund policies… Read More

 Tagged bnpl, chargebacks, fraud, Ori Snir, socure