Global

May 12, 2025 @ 9:11 am By Tony Zerucha  |  

Galxe, a Web3 decentralized super app, has unveiled Passport V3: its upgraded KYC solution that streamlines user verification and is now integrated with Sumsub, a KYC verification platform. With this new integration, Galxe Passport can ensure user onboarding for any Web3 business. Galxe Passport addresses… Read More

May 12, 2025 @ 8:03 am By Omar Faridi  |  

CUBE, a firm specializing in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), opened its global headquarters located at the iconic City of London building, Tower 42, and confirmed the growth trajectory of the company over the last year – increasing revenue, employees and… Read More

May 12, 2025 @ 8:00 am By Omar Faridi  |  

SimpleClosure, which claims to offer the straightforward way to shut down your startup, announced it has raised $15 million in fresh funding. Led by TTV Capital, the pre-empted Series A round is a follow from its February 2024 seed round and includes participation “from existing… Read More

May 11, 2025 @ 11:49 pm By Omar Faridi  |  

Global bank payment company GoCardless has announced a new integration with Giacom’s Cloud Market Tools billing platform. The integration enables Giacom channel partners to manage Direct Debit payments from within their billing system, “helping them simplify collections, improve cash flow, and reduce operational overheads.” This… Read More

May 11, 2025 @ 10:57 pm By Omar Faridi  |  

European investment platform Bondora Group remains focused on serving as a partner for investors and borrowers, achieving key milestones that underscore its commitment to accessible financial services. Bondora’s recent financial report, coupled with significant March 2025 statistics as well as insights from CEO Pärtel Tomberg’s… Read More

May 11, 2025 @ 4:27 pm By Michael Wong  |  

German police have shut down the cryptocurrency platform eXch, confiscating €34 million ($38 million) in digital assets, authorities said, marking one of the country’s largest crypto-related seizures to date. The operation, conducted by the Federal Criminal Police Office (BKA) and the Frankfurt public prosecutor’s office,… Read More

May 11, 2025 @ 4:26 pm By Omar Faridi  |  

Robinhood Markets is (NASDAQ: HOOD) is reportedly looking into tapping blockchain technology to expand its offerings in Europe. According to a report from Bloomberg, the company is developing a blockchain-based platform that would enable European retail investors to trade U.S. securities, such as stocks, in… Read More

May 11, 2025 @ 4:23 pm By Omar Faridi  |  

The Ethereum blockchain underwent a transformative upgrade with the Pectra hard fork, introducing Ethereum Improvement Proposal (EIP-7702). Fireblocks has shared key insights after this update. This proposal, combined with Multi-Party Computation (MPC) technology, aims to enhance institutional wallet security and user experience. Fireblocks highlights this… Read More

May 11, 2025 @ 4:22 pm By Omar Faridi  |  

Investment platform Robo.cash has recently announced a series of updates aimed at refining its services and boosting investor confidence. These changes reflect the global investment platform’s commitment to transparency, accessibility, and user empowerment. As noted in a blog post, the Robocash platform continues to demonstrate… Read More

May 11, 2025 @ 11:56 am By Michael Wong  |  

Development finance institutions Swedfund, Finnfund, and the Belgian Investment Company for Developing Countries (BIO) have jointly committed $55 million in loans to Indonesian microfinance platform Amartha, the groups said in a joint statement. The financing is part of a broader syndicated facility of up to… Read More

May 10, 2025 @ 1:30 pm By Omar Faridi  |  

Canada’s payment landscape is undergoing a transformative shift, driven by technological innovation as well as collaborative efforts across the financial ecosystem. Two significant developments highlight this evolution: the ongoing progress of the Real-Time Rail (RTR) payment system and the vibrant discussions at the 2025 Payments… Read More

May 10, 2025 @ 3:24 am By Omar Faridi  |  

Meta (NASDAQ:META) is reportedly considering a bold reentry by exploring stablecoin payment integration across its platforms, according to a recent report citing sources claiming to be familiar the matter. This move could mark a significant shift for the tech firm, which has been cautious about… Read More

May 10, 2025 @ 3:16 am By Omar Faridi  |  

Payoneer Global Inc. (NASDAQ: PAYO), a Fintech specializing in cross-border payments, has suspended its full-year 2025 earnings guidance amid significant global trade uncertainties, according to a recent report by Fortune. The New York based fintech company, which was valued at $3.3 billion when it went… Read More

May 9, 2025 @ 1:09 pm By Omar Faridi  |  

Nubank (NYSE: NU) announces the launch of tap-to-pay Pix, a new feature that integrates NFC technology into the app to simplify in-person payments. The solution reportedly offers customers an “agile way to use Pix, eliminating the need to scan QR codes.” To use it, clients… Read More

May 9, 2025 @ 11:16 am By Omar Faridi  |  

The Insurtech sector is navigating a complex landscape in Q1 2025, marked by a rebound in global funding, shrinking deal sizes, and a stark contrast with the broader venture capital environment, according to CB Insights’ latest report. While total Insurtech funding climbed to $1.3 billion… Read More

May 9, 2025 @ 11:15 am By Omar Faridi  |  

LSEG announced that Post Trade Solutions has completed its GBP/USD multilateral compression run at SwapAgent, the service for the non-cleared derivatives market. Post Trade Solutions brings together Quantile, Acadia and SwapAgent “to minimise risk, reduce cost, and improve capital efficiency.” Initially launched in 2024 with… Read More

May 9, 2025 @ 11:06 am By JD Alois  |  

While European Crowdfunding Service Provider regulation (ECSPR) was expected to fuel the growth of online capital formation in Europe, the actual results have been less than stellar. As Eurocrowd explains, the “patchwork” of rules and significant investment needed to support compliance, disclosures, risk management, and… Read More

May 9, 2025 @ 10:13 am By Omar Faridi  |  

Anti-Ransomware Day was established on May 12 in 2020 by INTERPOL in collaboration with Kaspersky to commemorate the anniversary of the infamous WannaCry ransomware attack that occurred on May 12, 2017. The purpose of Anti-Ransomware Day is to raise global awareness about the threats “posed… Read More

May 9, 2025 @ 7:56 am By Omar Faridi  |  

The Ethereum (ETH) blockchain is poised for a transformative leap with the Pectra upgrade, activated on the mainnet on May 7, 2025. This update, combining the Prague and Electra upgrades, introduces a suite of Ethereum Improvement Proposals (EIPs) aimed at enhancing scalability, usability, and user… Read More

May 9, 2025 @ 7:53 am By Omar Faridi  |  

TransUnion (NYSE: TRU) noted that gig economy services are widely used by American consumers overall, but households with children have emerged as “power users.” According to a blog post by TransUnion, this cohort reports using gig services on a weekly basis at an overall rate… Read More