Global

January 14, 2025 @ 12:03 pm By Omar Faridi  |  

Smartfin, a growth equity investor in European B2B technology companies, has reportedly closed its third growth fund at its €250 million target. This fund marks a key milestone for the firm, with an introductory participation of the European Investment Fund (EIF) through its ESCALAR program… Read More

January 14, 2025 @ 9:47 am By JD Alois  |  

Republic, the largest securities crowdfunding platform in the world, has partnered with Hamilton Lane (Nasdaq: HLNE) to bring digital assets to retail investors. Hamilton Lane is a large private-markets investment firm with more than $947 billion in assets under management and supervision. The firm has… Read More

January 14, 2025 @ 8:57 am By JD Alois  |  

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a possible digital currency. The update by the Bank is said… Read More

January 14, 2025 @ 8:43 am By JD Alois  |  

Paymentology, audax, and Mastercard have joined to publish a report on Cards-as-a-Service (CaaS). The report is entitled; “Understanding Cards-as-a-Service (CaaS) and the Power of Strategic Partnerships.” The trio described CaaS as transformative, allowing Fintechs, banks, and more to become “distributors of payment services” and generating… Read More

January 14, 2025 @ 7:55 am By JD Alois  |  

Zodia Custody has announced a partnership with Kiln, a digital asset rewards management platform. Incubated by Standard Chartered, Zodia Custody focuses on institutions. The company is also associated with Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. The partnership aims to offer institutional… Read More

January 14, 2025 @ 7:30 am By Omar Faridi  |  

TrueLayer, Europe’s open banking payments network, announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe. BR-DGE is a key player focused on payment orchestration, working with enterprise businesses, across sectors such as transport, travel, igaming,… Read More

January 14, 2025 @ 7:29 am By Omar Faridi  |  

Revolut, the global financial super-app, is making significant strides in its mission to redefine and reimagine modern financial services. With its latest product offering tailored for wealth management and private clients, the Fintech company is positioning itself as a solution for individuals seeking sophisticated financial… Read More

January 13, 2025 @ 11:20 pm By Omar Faridi  |  

With industry professionals divided in their approaches, CBInsights look at the winners and losers in the open-source vs. closed-source landscape and what enterprises “need to think about next for adoption.” As part of their series on the generative AI divide, CBInsights has examined many of… Read More

January 13, 2025 @ 8:19 pm By Omar Faridi  |  

Global Fintech firm Adyen (AMS: ADYEN) recently revealed that it is launching an emergency fundraising campaign for businesses on the platform in order to enable their customers to fundraise for those affected by the wildfires in Los Angeles with Americares. For this particular campaign, businesses… Read More

January 13, 2025 @ 5:40 pm By Omar Faridi  |  

The combined market cap of the top 50 companies in the Asia-Pacific (APAC) region surged to $8.1 trillion in 2024, reflecting a “20.6% year-on-year increase.” This, according to a report from GlobalData. Tech firms reportedly led the charge, with the Taiwan Semiconductor Manufacturing Company and… Read More

January 13, 2025 @ 5:09 pm By Omar Faridi  |  

Founded in 2018, CertiK claims that it became a trusted name in Web3 security by leveraging formal verification to safeguard smart contracts and decentralized systems. Over the years, CertiK expanded their offerings to include comprehensive security services, audits, and tools, solidifying their “reputation as a… Read More

January 13, 2025 @ 2:20 pm By Omar Faridi  |  

Nansen has recently teamed up with TON Blockchain, which is described as a “high-performance” Layer 1 chain originally developed by Telegram, to deliver advanced on-chain analytics. Nansen confirmed in a blog post their strategic partnership with TON, a high-performance L1 blockchain built for “speed, scalability,”… Read More

January 13, 2025 @ 11:55 am By Omar Faridi  |  

Fintech Plaid has reportedly selected Triangle for its next office, along with plans to hire more staff in 2025. Plaid CEO and cofounder Zach Perret, said that you may think of the company as the “plumbing that connects banks to the app and the app… Read More

January 13, 2025 @ 11:54 am By Omar Faridi  |  

Bank of America (NYSE: BAC) announced its Consumer Investments business has grown to more than $500 billion in client assets, a more than 10-fold increase since the business started a decade ago. This reportedly includes around 4 million client accounts with Merrill Edge Self-Directed and… Read More

January 13, 2025 @ 8:34 am By Omar Faridi  |  

PitchBook has shared key insights focused on the artificial intelligence (AI) and machine learning (ML) ecosystem. PitchBook noted in the latest report that investors bid up Elon Musk in AI horse race—xAI’s value has been surging in secondary trading. According to Caplight estimates, xAI’s secondary… Read More

January 13, 2025 @ 7:51 am By Omar Faridi  |  

OpenLedger, backed by Polychain Capital and Borderless Capital, is building a blockchain for (artificial intelligence) AI that provides a “decentralized” trust infrastructure for creating specialized language models. CoinList noted in a blog post that OpenLedger is offering up to “51% of its total token supply… Read More

January 13, 2025 @ 7:50 am By Omar Faridi  |  

UniCredit has recently announced plans to bring its back-office activities for securities services across Italy and Germany in house, standardizing its set-up and suppliers in a move that is expected to create more than 200 new professional roles. As explained in the update, the internalization… Read More

January 12, 2025 @ 9:13 pm By Omar Faridi  |  

dLocal, the payment platform connecting merchants to emerging markets, announced it has been granted the Authorized Payment Institution license from the Financial Conduct Authority (FCA) in the United Kingdom. This positions dLocal to offer payment services in the UK, bolstering its commitment to compliance and… Read More

January 12, 2025 @ 8:14 pm By Michael Wong  |  

The Central Bank of Ireland has launched its first “innovation sandbox programme,” introducing seven private-sector ventures focused on tackling financial crime. The initiative provides a controlled environment for testing new technologies, enhancing collaboration between the central bank and the fintech sector, and advancing solutions to… Read More

January 12, 2025 @ 7:24 pm By Omar Faridi  |  

SC Lowy has reportedly decided to accelerate its pivot towards private credit, an area “rich” with various opportunities in Asia and the Middle East, that will pave the way for the “gradual” wind down of its open-ended liquid Primary Investments Fund (PI). Initially launched as… Read More