Global

January 24, 2025 @ 11:12 am By Omar Faridi  |  

Checkout.com, a digital payments company, announces a profitable end to 2024 and 45% YoY net revenue growth in its core business, which serves the commerce and fintech sectors and reportedly accounts for “95% of total volumes.” These milestones underscore the company’s commitment to “delivering the… Read More

January 24, 2025 @ 10:04 am By Omar Faridi  |  

Q2 Holdings Inc. (NYSE: QTWO), a provider of digital transformation solutions for financial services, announced a strategic partnership with Alloy, an identity and fraud prevention platform provider, to deliver a joint ongoing fraud monitoring solution for Q2 Digital Banking customers. Powered by Alloy’s centralized identity… Read More

January 24, 2025 @ 7:56 am By Omar Faridi  |  

BX Digital and BX Swiss announced a partnership with Chainlink, the standard for onchain finance, to bring critical pricing data for Swiss-based equities onchain. BX Digital is a sister company of the Swiss exchange BX Swiss – both are part of Boerse Stuttgart Group, the… Read More

January 24, 2025 @ 7:52 am By Omar Faridi  |  

OKX announced that their platform is reportedly the first Virtual Financial Assets (VFA) exchange to secure a Markets in Crypto-Assets Regulation (MiCA) “pre-authorization.” Upon receipt of a full MiCA license, OKX said they will offer “localized” crypto services to over 400 million Europeans via its… Read More

January 24, 2025 @ 7:50 am By Omar Faridi  |  

Trading and investing platform eToro announces a partnership with Stocktwits, which claims to be one of the world’s largest social media platforms for traders & investors. The first phase of the collab reportedly includes Stocktwits adding a ‘trade’ button on their site for “all assets… Read More

January 24, 2025 @ 7:49 am By Omar Faridi  |  

N26 announced free stocks and ETF trading for all customers from 27 January 2025 onwards, enhancing its investment proposition as the “only” financial service provider in Europe to offer trading “without charging fees or commissions.” With this decision, N26 aims to make investing even more… Read More

January 24, 2025 @ 7:48 am By Omar Faridi  |  

A robust spend culture is key to unlocking business potential, with 61% of CFOs highlighting its importance for growth, yet few have struck the “right balance between autonomy and control,” research from Payhawk reveals. The research, conducted by independent research house Coleman Parkes, surveyed 1,000… Read More

January 24, 2025 @ 5:29 am By Omar Faridi  |  

Guggenheim Investments announced the closing of an approximately $400 million vehicle that will invest in Guggenheim’s private debt strategy. The transaction was reportedly led by Allianz Global Investors (AllianzGI). As stated in the announcement, a group of funds managed by StepStone Group (NASDAQ: STEP, ‘StepStone’)… Read More

January 23, 2025 @ 5:26 pm By Omar Faridi  |  

Financial operations platform Ramp introduced Ramp Treasury, which is described as a new solution that radically improves how most businesses store and manage their operating cash. With Ramp Treasury, businesses can store cash in a business account that earns “2.5% or in an investment account… Read More

January 23, 2025 @ 5:25 pm By Omar Faridi  |  

Highnote, a firm specializing in modern card issuance and program management, announced the closing of $90 million in Series B funding and the launch of its acquiring solution. The investment round was reportedly led by Adams Street Partners along with participation from existing investors: Oak… Read More

January 23, 2025 @ 3:22 pm By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML), transaction monitoring and Client Lifecycle Management (CLM), has released its analysis of global financial institution enforcement actions from Jan 1, 2024, to Dec 31, 2024. Fenergo’s report reveals critical insights into the… Read More

January 23, 2025 @ 10:50 am By Omar Faridi  |  

The financial world has seen significant volatility and transformation over the past several years, with some sectors experiencing steady growth. Equities and crypto / digital assets markets, in particular, have seen a considerable surge, attracting a new generation of investors eager to capitalize on these… Read More

January 23, 2025 @ 10:48 am By Omar Faridi  |  

Persona, a global identity platform, announced significant advancements in its AI-based face spoof detection capabilities. These updates strengthen Persona’s ability to detect and “prevent increasingly sophisticated generative AI fraud techniques.” AI-based face spoofs – such as deepfakes, synthetic faces, and face morphs – have “enabled… Read More

January 23, 2025 @ 10:45 am By JD Alois  |  

Egregious, an artificial intelligence (AI) firm that seeks to combat social media and other types of deception has raised $1 million in a Pre-seed round. Egregious was backed by Fuel Ventures and Oxford Capital, which led the funding. Oxford Capital focuses on EIS/SEIS-qualified firms for… Read More

January 23, 2025 @ 9:42 am By JD Alois  |  

The wealthy are easy targets for simple minds. The mantra of “paying their fair share” plays to the masses who want someone else to foot the bill for government services. The same wealthy tend to invest and spend, supporting businesses both old and new. Yet,… Read More

January 23, 2025 @ 8:38 am By Omar Faridi  |  

Tapline reports that it has raised a €20 million pre-Series A funding round comprising both equity and debt. This milestone enables Tapline to scale its operations, expand its innovative platform, and “support the growth of SaaS companies” across Europe. Tapline explained that it provides non-dilutive… Read More

January 23, 2025 @ 8:14 am By Omar Faridi  |  

Sygnum, a global digital asset banking group who recently announced its expanded EU market entry, is enhancing its B2B platform offering via a collab with Societe Generale-FORGE, the digital asset subsidiary of one of Europe’s financial services groups, Société Générale. The EUR CoinVertible (EURCV), a… Read More

January 23, 2025 @ 8:12 am By Omar Faridi  |  

UK’s digital bank Monzo, one of the nation’s most widely-used banking app providers, is gearing up for an initial public offering (IPO) by 2026. The announcement has sparked significant interest in both the financial sector and the broader tech ecosystem. Monzo has become a sort… Read More

January 22, 2025 @ 10:05 pm By Omar Faridi  |  

Westpac has released new data revealing the effectiveness of Australia’s scam prevention efforts. The new analysis conducted by BDO compared Australia, the United Kingdom (UK), Canada and the United States (US) and found Australia is “one of the most successful countries” in bringing down scam… Read More

January 22, 2025 @ 4:27 pm By JD Alois  |  

A recent report that Santander may exit the UK market compelled the bank’s Executive Chairman to throw cold water on the rumors. Speaking at the WEF in Davos, Ana Botin told the audience they love the UK market, claiming it will remain a core market… Read More