Global

June 5, 2025 @ 2:24 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced expanded support for high-potential AI startups with a new engagement initiative, established through Accenture Ventures with support from NVIDIA Inception. This collab is reportedly designed “to accelerate startup growth and innovation by closing a gap early-stage companies face—moving from breakthrough ideas… Read More

June 5, 2025 @ 8:54 am By Omar Faridi  |  

The rise of stablecoins, digital currencies pegged to assets like the U.S. dollar, is significantly increasing demand for U.S. Treasury bills while solidifying the dollar’s position as the world’s leading reserve currency, according to a recent report by Citigroup. The report highlights how stablecoins, such… Read More

June 5, 2025 @ 8:53 am By Omar Faridi  |  

AI is making workers more valuable, productive, and able to command higher wage premiums, with job numbers rising even in roles considered most automatable, according to PwC’s 2025 Global AI Jobs Barometer, released today. The report is based on analysis of “close to a billion… Read More

June 5, 2025 @ 8:31 am By Omar Faridi  |  

Thunes, the Smart Superhighway to move money around the world, today announced the further expansion of its Direct Global Network with the launch of direct Pay-to-Bank services in Denmark, Norway, and Sweden. This broadens Thunes’ reach into the Nordic region, “empowering Members of the Thunes… Read More

June 5, 2025 @ 8:30 am By Omar Faridi  |  

Bolt, the global shared mobility platform, today announced a strategic partnership with global payments and financial platform, Airwallex, to build a new payments system for its drivers. The new product will initially focus on digital wallets, before “scaling out additional financial services in the future.”… Read More

June 5, 2025 @ 6:32 am By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), an innovator in global payments technology, announced that CIMB Bank, one of ASEAN’s banking groups and Malaysia’s second largest financial services provider, has “chosen ACI’s payment solution to converge all account-to-account transactions—real-time, ACH, RTGS and cross-border—onto a single future-proof payments platform.”… Read More

June 4, 2025 @ 10:06 pm By Omar Faridi  |  

N26 announced the evolution of its premium subscription tier, “N26 You”, to “N26 Go”, a premium tier designed specifically for frequent travelers and modern explorers, giving them “access to seamless banking, saving and investing both at home and on the go.” N26 Go aims to… Read More

June 4, 2025 @ 5:10 pm By Omar Faridi  |  

Checkout.com, a global digital payments provider, today announces its partnership with ASOS, the global online destination for fashion-loving customers. Operating globally, ASOS reportedly “serves a fast-moving customer base and handles a significant volume of transactions daily.” ASOS is built on knowing “what shoppers want and… Read More

June 4, 2025 @ 3:03 pm By Omar Faridi  |  

Robinhood Markets, Inc. (NASDAQ: HOOD) has closed its acquisition of Bitstamp Ltd., a global cryptocurrency exchange. Bitstamp was founded in 2011 and has “offices in Luxembourg, the UK, Slovenia, Singapore, and the US.” This acquisition significantly “accelerates Robinhood Crypto’s expansion worldwide.” Bitstamp holds over 50… Read More

June 4, 2025 @ 8:32 am By JD Alois  |  

Perhaps it is a natural progression. Raisin, a European Fintech that offers comparisons and access to the best savings rates regardless of geography, will now offer its own savings product.  According to a company note, Raisin is now offering “Welcome Account” in Spain, describing it… Read More

June 4, 2025 @ 8:15 am By Omar Faridi  |  

The cryptocurrency ecosystem has marked a pivotal moment as FTX, once a major crypto exchange, began its creditor distribution process. Sunil, an advocate for FTX creditors known on X as @sunil_trades, shared that around $5 billion is being returned to creditors. Large claims over $50,000… Read More

June 4, 2025 @ 8:09 am By Omar Faridi  |  

Sumsub announces the launch of its Bank Account Verification solution. The solution instantly verifies customer account ownership, outstanding balance, and detailed transaction history, which “enables businesses to prevent account takeover and payment fraud, assess user financial vulnerability and creditworthiness, and ensure compliance with key regulatory… Read More

June 4, 2025 @ 8:07 am By Omar Faridi  |  

The UK’s equity investment market in Q1 2025 paints a complex picture of resilience amid economic headwinds, as detailed in Beauhurst’s State of UK Investment Q1 2025 report. Despite global uncertainties, the UK’s startup and scaleup ecosystem demonstrates cautious optimism, with regional disparities and sectoral… Read More

June 4, 2025 @ 8:06 am By Omar Faridi  |  

The UK’s tech sector continues to thrive, with startups and scaleups driving innovation and economic growth. However, securing funding remains a critical challenge, particularly for growth-stage companies looking to scale without diluting ownership. A recent report by Beauhurst, in collaboration with Gilion, titled Beyond Equity:… Read More

June 3, 2025 @ 11:22 pm By Omar Faridi  |  

A recent incident involving Chainlink’s oracle system has rocked the decentralized finance (DeFi) community. On May 29, 2025, over $500,000 in user funds were wiped out on the Avalanche-based Euler market. Omer Goldberg detailed the event in a social media post, highlighting vulnerabilities in DeFi… Read More

June 3, 2025 @ 10:10 pm By Omar Faridi  |  

The May 2025 Global Markets Snapshot, released by PitchBook, offers a comprehensive overview of the past month’s trends across equity, debt, and commodities markets, while also delving into private market activity. As global financial markets continue to grapple with volatility driven by economic uncertainties, geopolitical… Read More

June 3, 2025 @ 10:08 pm By Omar Faridi  |  

Euroclear, a global provider of post-trade services, has made significant strides in 2025, reinforcing its position as a trusted financial market infrastructure (FMI). Through a commitment to sustainability, strategic partnerships, steady financial performance, and advancements in settlement systems, Euroclear continues to shape the future of… Read More

June 3, 2025 @ 10:08 pm By Omar Faridi  |  

The European Central Bank (ECB) has made significant strides in 2025 to bolster financial stability, advance the digital euro initiative, and address consumer expectations in the Eurozone. Recent updates highlight the ECB’s proactive measures to navigate a complex geopolitical landscape, foster private-sector collaboration for a… Read More

June 3, 2025 @ 6:59 pm By Omar Faridi  |  

La Trobe Financial has launched its La Trobe Private Credit Fund. The Fund comprises a diversified private credit strategy, “targeting monthly distributions with a benchmark of RBA Official Cash Rate (OCR) + 3.25% p.a. (net of fees, costs and taxes incurred by the Fund and… Read More

June 3, 2025 @ 5:05 pm By JD Alois  |  

The French Autorité des Marchés Financiers has published its annual report for 2024. As part of the update, the AMF Chair, Marie-Anne Barbat-Layani, outlined three major challenges for the agency. Beyond investor protection and the choppy geopolitical environment, Barbat-Layani focused on the need to vigorously… Read More