Global

May 8, 2025 @ 5:47 pm By Omar Faridi  |  

Stablecoin and digital assets firm Circle has announced major updates to its Paymaster service, aligning with the recent Ethereum Pectra upgrade. On May 7, 2025, Jeremy Allaire, CEO of Circle, shared on X that Circle Paymaster now supports nearly any Web3 wallet across seven blockchain… Read More

May 8, 2025 @ 5:43 pm By Omar Faridi  |  

Stripe announced new products designed to help businesses harness AI and stablecoins to accelerate their growth. Last year, businesses on Stripe processed “$1.4 trillion in total payment volume—up 38% from 2023 and equivalent to around 1.3% of global GDP.” In aggregate, the revenue that businesses… Read More

May 8, 2025 @ 9:38 am By JD Alois  |  

A recent New Finance report states that the bigger threat is not the US market but private markets in regard to the moribund UK and European public markets The report claims: “Over the past decade, more than 1,000 listed companies in Europe with a combined… Read More

May 8, 2025 @ 9:04 am By JD Alois  |  

Today, the Bank of England cut its Bank Rate by 25 basis points. This is in contrast to the US Federal Reserve’s decision to hold rates steady due to stagflation concerns. The BoE decision was not unanimous with some wanting a more aggressive cut and… Read More

May 8, 2025 @ 8:25 am By JD Alois  |  

The Financial Conduct Authority (FCA) has announced a new executive to operate the Payments System Regulator (PSR), an entity that has been consolidated within the FCA. David Geale will become the Executive Director for Payments and Digital Finance Executive Director and the Payment Systems Regulator… Read More

May 8, 2025 @ 7:28 am By Omar Faridi  |  

N26 announced its entry into the European telecommunications market with the launch of N26 SIM. The launch is the latest move by the digital banking provider as it continues to reimagine traditional business models “through digital innovation.” N26 SIM was specifically designed for customers “who… Read More

May 8, 2025 @ 7:26 am By JD Alois  |  

The Bank of England has cut benchmark rates by 25 basis points (bps), setting the Bank Rate at 4.25%. This decision arrived the day after the US Federal Reserve held rates steady, primarily due to economic uncertainty. According to the Bank, the decision to cut… Read More

May 8, 2025 @ 7:10 am By Omar Faridi  |  

The centralized cryptocurrency exchange (CEX) landscape continues to evolve, with Binance maintaining its dominance despite a notable decline in trading volume, while Gate.io and Bitget make significant strides, according to a recent CoinGecko report analyzing spot trading volumes from October 2024 to April 2025. The… Read More

May 8, 2025 @ 7:08 am By Omar Faridi  |  

The Financial Conduct Authority has granted regulatory approval to BBB Investment Services Limited, the British Business Bank’s third-party arm, to provide investment services to clients. This is reportedly an important first regulatory step in the preparation for launch of the British Growth Partnership. Announced at… Read More

May 8, 2025 @ 7:07 am By Omar Faridi  |  

Bivial AG is pleased to share its continued trajectory of growth.  The Swiss Fintech company has increased its annual profit by “110% compared to the previous year, expanded its team to almost 50 exceptional individuals, and further strengthened its position as the largest prudentially regulated… Read More

May 8, 2025 @ 7:06 am By Omar Faridi  |  

Digital bank Revolut has recently announced key partnerships that underscore its commitment to enhancing user experience, security, and innovation in the financial services sector. By teaming up with Fourthline for identity verification and Lightspark for Bitcoin transactions, Revolut is positioning itself as a Fintech focused… Read More

May 8, 2025 @ 1:19 am By Omar Faridi  |  

Bitcoin, often referred to as “digital gold” or now even as “digital capital” by Strategy’s Michael Saylor, has continued sparked debate about its role in financial markets. Recent trends, highlighted in an extensive report from Coin Metrics, suggest that Bitcoin (BTC), the flagship cryptocurrency, may… Read More

May 7, 2025 @ 11:19 pm By Omar Faridi  |  

Galileo Financial Technologies, SoFi Technologies, Inc.’s Technology Platform (NASDAQ: SOFI), announced a partnership with Mercantil Banco, S.A. to enable a new phase of digital banking. By leveraging Galileo’s Cyberbank Digital platform, Mercantil Banco will accelerate “product innovation, elevate customer experiences, and introduce a suite of… Read More

May 7, 2025 @ 10:18 pm By Omar Faridi  |  

On May 7, 2025, Ethereum is set to undergo a transformative upgrade known as Pectra, introducing sweeping changes to the Ethereum Virtual Machine (EVM). CertiK explained in a blog post that this milestone follows Binance Smart Chain’s Pascal upgrade on March 30, 2025, which implemented… Read More

May 7, 2025 @ 7:07 pm By Omar Faridi  |  

Digital banking provider Nubank (NYSE: NU) has recently announced the expansion of a range of benefits that provide certain financial advantages while also enhancing the Nubank+ customers’ experience. Brazil‘s Nubank noted in a blog post that about one year after its launch, a range of… Read More

May 7, 2025 @ 10:47 am By Omar Faridi  |  

eToro Group Ltd announced that it has launched the roadshow for its initial public offering (IPO) of 10,000,000 Class A common shares, 5,000,000 shares of which are being “offered by eToro and 5,000,000 shares of which are being offered by certain existing stockholders.” eToro expects… Read More

May 7, 2025 @ 9:22 am By JD Alois  |  

Galaxy Digital Holdings (TSX:GLXY)  has integrated Zodia Custody, a platform that is back by Standard Chartered and other big banks. The move is described as a strategic  expansion into Europe as it will now be able to provide institutional access to staking. Galaxy is a digital… Read More

May 7, 2025 @ 8:52 am By JD Alois  |  

Payments Fintech TrueLayer is reporting that it has surpassed $10 billion in payments in a single month. The company says this places them on a trajectory to transfer over $100 billion in one year. TrueLayer adds that during the first quarter, it added more than… Read More

May 7, 2025 @ 7:55 am By Omar Faridi  |  

lemon.markets has entered into a partnership with Optio Incentives, the leading equity compensation platform in Europe. By integrating lemon.markets’ digital brokerage and custody infrastructure, Optio Incentives “enhances the end-to-end experience for employees in Germany who receive shares as part of their compensation.” The joint solution… Read More

May 7, 2025 @ 7:54 am By Omar Faridi  |  

BigCommerce (Nasdaq: BIGC), a provider of “open, composable” commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, announced that Klarna, the AI-powered payments and commerce network, has become a global preferred payments partner. As a global partner, Klarna will bring its “interest-free” payment… Read More