Global

April 10, 2025 @ 8:08 am By Omar Faridi  |  

The British Business Bank has agreed a new facility with BFS Marine Finance, designed to increase the flow of finance to smaller businesses within the commercial marine sector. The structured finance facility of up to £20m will “allow BFS Marine Finance to provide secured financing… Read More

April 10, 2025 @ 8:07 am By Omar Faridi  |  

Chainalysis partnered with the Spanish National Police in Operation Bonanza to dismantle an international Ponzi scheme that defrauded over 50,000 victims worldwide. This operation, which reportedly amassed more than $500 million in cryptocurrency, underscores the importance of technology and public-private collaboration in combating illicit financial… Read More

April 10, 2025 @ 8:04 am By Omar Faridi  |  

Bitcoin (BTC) and Ethereum (ETH) have solidified their positions as robust, decentralized networks with potential for growth and adoption across web3 and DeFi. Recent milestones—Ethereum’s evolving ownership landscape and Bitcoin’s record-breaking hashrate (basically the amount of computing power securing the BTC network)—underscore their resilience and… Read More

April 9, 2025 @ 9:35 pm By Omar Faridi  |  

Bank payment company GoCardless announced a partnership with Optty, a payments API platform, to help businesses in Australia to simplify their payment processes, “operate more efficiently, and scale with ease.” This will allow customers to collect bank payments directly within the Optty platform, without the… Read More

April 9, 2025 @ 9:32 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. announced that the U.S. Securities and Exchange Commission (SEC) has declared effective the Registration Statement on Form S-4 relating to the company’s previously announced reorganization and domestication from the Cayman Islands to Delaware and proposed “listing on the Nasdaq Global Select… Read More

April 9, 2025 @ 9:29 pm By Omar Faridi  |  

The Worldcoin Foundation has introduced an enhancement to its community grants program that will aim to streamline the application process and provide more opportunities for innovation from community builders worldwide. Instead of its wave-based structure, the Worldcoin Foundation explains in a blog post that it… Read More

April 9, 2025 @ 3:52 pm By Omar Faridi  |  

Yieldstreet, a private markets investment platform, has recently announced the upcoming launch of Yieldstreet 360 Managed Portfolios — what it believes to be the “first” automated private markets investing solution. This investing solution is designed to remove traditional barriers to private markets, offering “diversified exposure… Read More

April 9, 2025 @ 10:59 am By JD Alois  |  

The French Autorité des Marché Financiers (AMF) and the Italian Commissione Nazionale per le Società e la Borsa (CONSAB), have joined to submit recommendations to the Europea Commission pertaining to the usage of blockchain or distributed ledger technology (DLT). The AMF shares that the European… Read More

April 9, 2025 @ 10:42 am By Omar Faridi  |  

SEI (NASDAQ:SEIC) announced that SEI Investments (Europe) Limited will partner with Ctrl Alt, a tokenization platform, and participate in the Bank of England’s Digital Securities Sandbox (DSS). The DSS aims to facilitate innovation in market infrastructure and protect financial stability and market integrity by “evaluating… Read More

April 9, 2025 @ 10:37 am By Omar Faridi  |  

Global investment company Aberdeen announces that £3bn of pension scheme policies have transferred from Phoenix Life Limited to abrdn Life and Pensions Limited. The transfer relates to a specific book of business “where the policyholders are typically pension scheme trustees.” It highlights the strength and ambition of… Read More

April 9, 2025 @ 8:06 am By Omar Faridi  |  

NatWest has announced a minority investment in Yonder, a credit card platform that provides customer experiences through “lifestyle-led rewards.” Yonder provides a financial lifestyle platform “that brings together people, money and experiences.” Predominantly targeting young professionals and expats, their platform offers its members “a range… Read More

April 9, 2025 @ 8:05 am By Omar Faridi  |  

New research from PensionBee reveals that almost half of older savers don’t fully trust using artificial intelligence (AI) to help manage their finances. A nationally representative survey of 1,000 UK adults explored “attitudes towards AI in pension customer support.” The research findings reveal that 45%… Read More

April 8, 2025 @ 10:16 pm By Omar Faridi  |  

Shawbrook has provided an eight-figure revolving credit facility to bridging lender Bluecroft Finance, supporting the company’s expansion as it continues to grow its presence in the UK lending market. The revolving credit facility includes an accordion feature that “allows for a potential 50% expansion, offering… Read More

April 8, 2025 @ 4:43 pm By Omar Faridi  |  

Global fintech Airwallex announced that it now enables businesses to receive and hold funds in Israeli Shekels (ILS) through its Global Accounts and multi-currency wallet. The offering enables Israeli and global Airwallex customers to open accounts, facilitating transactions “in ILS via the Israeli payment network.”… Read More

April 8, 2025 @ 11:48 am By Omar Faridi  |  

Euroclear is pleased to announce its participation in the Hong Kong Monetary Authority’s (HKMA) Project Ensemble. Project Ensemble, launched in March 2024, is a HKMA initiative aimed at fostering and “shaping the tokenization ecosystem in Hong Kong.” This project brings together professionals and industry veterans… Read More

April 8, 2025 @ 11:12 am By Omar Faridi  |  

Twinstake has joined the IOTA Genesis Validator Set, which is described as an institutional-grade staking solution for a “secure future.” When the IOTA Foundation selected its Genesis Validators for IOTA Rebased, it wasn’t just seeking network participants—it was curating what it claims is the “bedrock”… Read More

April 8, 2025 @ 10:46 am By JD Alois  |  

As a regular user of Companies House, this author believes the database needs more than some make-up. It needs a major overhaul. Companies House makes the US Securities and Exchange Commission’s EDGAR system look like a supermodel in comparison. That’s a heavy lift. From posting documents with opaque… Read More

April 8, 2025 @ 9:35 am By Omar Faridi  |  

UK venture capital firm Osney Capital announces the first close of its debut fund to invest in the UK’s most promising cyber security startups, marking it the UK’s “first specialist” cyber security seed fund. The fund is oversubscribed from its “original target of £50m.” The… Read More

April 8, 2025 @ 8:07 am By Omar Faridi  |  

Launched in 2021 by Luca Colciago, Jack Diamond and Matteo Avramov Giulivi, pan-European growth debt platform, Atempo Growth has announced the first close of its second fund, Atempo Growth II with commitments of over €300M. This close reportedly increases the firms AuM to “over €700M.”… Read More

April 8, 2025 @ 8:06 am By Omar Faridi  |  

  The Consumer Financial Protection Bureau’s (CFPB) recent shutdown caused a ripple across the industry and calls into question many regulations, including the status of the October open banking ruling. As the situation continues to evolve, CI caught up with Aaron Byrne, Head of Financial… Read More