Global

November 25, 2024 @ 10:19 pm By Omar Faridi  |  

US Bitcoin ETFs are reportedly on track to surpass gold ETFs in terms of overall size by this coming holiday season (around end of December 2024), with current assets valued at approximately $107 billion. Notably, BlackRock’s iShares Bitcoin Trust is the dominant player this past… Read More

November 25, 2024 @ 10:18 pm By Omar Faridi  |  

CaixaBank unveiled its 2025–2027 Strategic Plan in order to ensure sustainable levels of profitability “above 15% (ROTE)” in order to support the growth of loans to firms and households, which is on track to grow by around 4% CAGR during the next three years. Maintaining… Read More

November 25, 2024 @ 10:16 pm By Omar Faridi  |  

Equito App creators, who are carrying out a crowdfunding campaign via Crowdcube, have noted that traditional real estate investing is becoming increasingly inaccessible for the average investor. Equito explained that it intends to change that by enabling anyone to invest in real estate properties starting… Read More

November 25, 2024 @ 10:15 pm By Omar Faridi  |  

The European Securities and Markets Authority (ESMA), which is the EU’s financial markets regulator and supervisor, has recently released its Final Report providing the assessment of the shortening of the settlement cycle in the EU. The report aims to highlight that the increased efficiency and… Read More

November 25, 2024 @ 10:14 pm By Omar Faridi  |  

Lunar, the Nordic challenger bank, is reportedly focused on becoming one of the best “every day banks” in the Nordics region. Lunar is a digital challenger bank focused on simplifying and enriching customers’ financial lives by creating a frictionless everyday banking platform. Founded in Aarhus,… Read More

November 25, 2024 @ 10:13 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant,  announced a global agreement with the technology solutions provider Lenovo. Consumers in 15 European countries are now able to pay for their tech purchases at Lenovo.com using Klarna’s flexible payment methods, including its popular interest-free Buy… Read More

November 25, 2024 @ 4:22 pm By JD Alois  |  

Birchal, the leading securities crowdfunding platform in Australia, has added a crowdfunding OG to its roster of resources. According to a note shared by Birchal, Darren Westlake, founder and former CEO of Crowdcube,  joins Birchal as Strategic Advisor. Additionally, Birchal says that Rod Bristow, former… Read More

November 25, 2024 @ 4:09 pm By Omar Faridi  |  

A total of 2,116 venture capital funding deals valued at around $28.2 billion were announced in China during the timeframe between January-October 2024, according to a new research report. This represents a significant year-on-year (YoY) decline of 22.5% in VC deal volume, whereas the total… Read More

November 25, 2024 @ 11:32 am By JD Alois  |  

OurCrowd, a top securities crowdfunding platform, has distributed an update on its “fast-growing” funds sector, which now reports that fund assets will top $1 billion next year. Currently, there are approximately $800 million in assets in the Funds Division across four types of funds. These… Read More

November 25, 2024 @ 11:19 am By JD Alois  |  

Digital securities are the future of financial markets, this much is clear. While the Biden administration ignored the opportunity, choosing to pursue specious objectives, expectations are high that the incoming administration will pursue the opportunity with legislation and a forward-thinking regulator at the helm. CI… Read More

November 25, 2024 @ 9:37 am By Omar Faridi  |  

MARA Holdings, Inc. (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, announced the closing on November 20, 2024 of its offering of 0.00% convertible senior notes due 2030. Mara Holdings confirmed in the update that it has… Read More

November 25, 2024 @ 9:06 am By Omar Faridi  |  

Coin Center has provided a detailed analysis of the evolving crypto policy landscape following the US Elections. According to the update from Coin Center, crypto got a lot of attention in the recent election, and many are now “wondering how friendly the new administration and… Read More

November 25, 2024 @ 9:04 am By Omar Faridi  |  

Modulr, an embedded payments platform, announces its acquisition of Nook, an innovator in accounts payable (AP) automation. Both companies said they aim to address inefficiencies, remove manual steps and improve the overall security of making business payments. These are significant concerns, as highlighted by Modulr’s… Read More

November 25, 2024 @ 8:28 am By Omar Faridi  |  

Plenti Group Limited has provided its results for the six-month period ended 30 September 2024 (1H25). The Plenti Group shared the following financial highlights: Closing loan portfolio of $2.3 billion, up 14% on pcp Loan originations of $627 million, up 0.4% on pcp Half-year revenue… Read More

November 24, 2024 @ 6:47 pm By Omar Faridi  |  

CoinW, a global cryptocurrency exchange, announces a strategic partnership with CoinCover – a digital asset protection provider – to significantly improve the security of users’ digital assets. This partnership is said to underscore CoinW’s commitment to protecting funds against risks such as hacking, lost access,… Read More

November 24, 2024 @ 6:43 pm By Omar Faridi  |  

Bitso announced the addition of four new cryptos to its Earnings feature. Earnings with Ethereum (ETH) and Solana (SOL) are available to all users, and Cardano (ADA) and Polkadot (DOT) will reportedly be added in the first week of December 2024. These options complement the… Read More

November 24, 2024 @ 6:42 pm By Michael Wong  |  

Australia’s Department of the Treasury has initiated a consultation on implementing the Organisation for Economic Cooperation and Development’s (OECD) Crypto Asset Reporting Framework (CARF). The framework is designed to enhance tax transparency and improve compliance by standardizing the collection and exchange of tax-related information on… Read More

November 24, 2024 @ 6:00 pm By Tony Zerucha  |  

According to the latest Global State of Fraud and Identity Report from LexisNexis Risk Solutions, banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions by combining shared fraud intelligence into their risk assessments. Examples include a US bank that… Read More

November 23, 2024 @ 6:08 pm By Tony Zerucha  |  

Indian retail intelligence platform Bizom has collaborated with global nonprofit Accion and Mastercard Center for Inclusive Growth, the philanthropic arm of Mastercard, to expand its digital consumer packaged goods (CPG) marketplace. The collaboration seeks to serve more than four million small retailers through embedded credit… Read More

November 23, 2024 @ 5:58 pm By Omar Faridi  |  

Digital banking platform Nubank‘s (NYSE: NU) rise to Brazil’s “number one” bank provider is highlighted in an update which noted that the challenger has now overtaken Banco do Brasil, the country’s oldest bank founded in 1808, signifying a “paradigm shift” in the banking industry. By… Read More