erad Announces $125M Facility Led by Jefferies to Support SME Financing in Middle East

erad, the Riyadh-headquartered alternative financing platform for SMEs, has partnered with Jefferies (NYSE: JEF) (with co-investment from Channel Capital) to secure $125M in a credit deal, in order to accelerate embedded finance solutions across the GCC region. After the transaction is completed, it will mark… Read More

Product Search Engine Onton Raises $7.5M

Onton, a product search and discovery engine, has raised $7.5 million in seed funding led by Footwork with participation from Liquid 2, Parable Ventures, 43 and others, bringing its total funding to approximately $10 million. The company will use the capital to expand its product,… Read More

AI Bubbles and DeFi’s Positioning Amidst Market Turmoil: Web3 Thoughts of the Week Bonus Edition

Fears of an AI bubble and how the current market turmoil is good for DeFi generated a bonus Web3 Thoughts of the Week Market turmoil is DeFi’s opportunity “Downturns are uncomfortable, but they create the exact conditions where decentralized finance shines. When liquidity dries up… Read More

E-Skimming Newest Online Threat: NordVPN

As holiday shopping peaks, experts warn about e-skimming — malicious JavaScript code injected into legitimate e-commerce sites to steal customers’ payment data during checkout. This is the online equivalent of physical skimming devices found on ATMs or gas pumps. What makes e-skimming particularly dangerous is… Read More

Bitcoin and Crypto Market Recovery Hinges on Steady ETF Inflows, DAT Accumulation, Stablecoin Supply Growth : Analysis

Coin Metrics has shared key insights on recent significant developments in the Bitcoin (BTC) and crypto space. The researchers from Coin Metrics have shared several important notes on major crypto events and what to anticipate as we close out this current year and head into… Read More

PayPal Now a Digital Payments Partner for Liverpool FC

Liverpool FC is announcing PayPal  (NASDAQ: PYPL) as the club’s digital payments partner in a new global deal. This marks PayPal’s collaboration with a Premier League club, positioning the Fintech as one of the ways to pay for football enthusiasts. A global enabler of digital… Read More

Coupang Says Breach Exposed Data of 33.7 Million Customers

Coupang, South Korea’s biggest online retailer, apologised on Sunday after a breach exposed personal information from 33.7 million customer accounts, prompting government scrutiny and warnings of follow-on scams. The US-listed company said the leak involved customers’ names, email addresses, phone numbers, shipping addresses and some… Read More

Canada’s High-Value Payment System, Lynx, Transitions to ISO 20022 Financial Message Standard

Canada’s so-called high-value payment system, Lynx, has reportedly reached a key milestone, completely transitioning to the ISO 20022 financial message standard (MX messages), marking a step forward for payment advancements across the country. This update aligns with the international initiative to discontinue outdated legacy MT… Read More

South Korea Card Payments Projected to Reach $1.1T by 2029, Report Reveals

The South Korean card payments market is now expected to grow at a compound annual growth rate (CAGR) of 3.7% over 2025-29 to reach KRW1,510.2 trillion ($1.1 trillion) by the year 2029, supported and enabled by high card penetration, steady payment infrastructure, and government backing… Read More

Regtech SlowMist Analyzes Malicious Code Stealing Sensitive Keys, Private Information

Regtech firm SlowMist noted that recently, the NPM ecosystem has experienced another large-scale package poisoning incident. For context, the so-called NPM ecosystem is the vast, interconnected system of the Node Package Manager (npm), which includes the “online registry of software packages and the command-line interface… Read More




Global Private Market Fundraising Report : Dry Powder on the Rise Despite Challenging Environment

PitchBook noted in its latest global private market fundraising report that dry powder on the rise despite a fairly tough fundraising environment. PitchBook also mentioned in the extensive research report that even though fundraising was a bit slow so far this year, private markets remain… Read More

Robinhood CEO-Backed Harmonic Becomes Unicorn on Series C

Harmonic, a Palo Alto-based artificial intelligence startup backed by Robinhood CEO Vlad Tenev, said it raised $120 million in a Series C funding round that values the company at $1.45 billion post-money. The round was led by Ribbit Capital, with significant participation from Sequoia Capital,… Read More

Bitcoin Trading Volume Declines as Crypto Market Reverses Panic-Selling : Analysis

Dr. Sean Dawson, head of research at onchain options platform, Derive.xyz (TVL $115.8M, $18.6B trade volume), has shared a Bitcoin and cryptocurrency market update. Dr. Sean Dawson of Derive.xyz noted that Bitcoin (BTC) volume dropped 25% as the market seemingly reversed its panic selling. They… Read More

Wizz Financial and Aditum Introduce Gold backed Private Credit Strategy

Wizz Financial, the Abu Dhabi-based global fintech group specializing in cross-border payments and digital wallets, in partnership with Aditum Investment Management Limited, announced the launch of MENA and India’s first gold-backed private credit strategy, fully regulated under India’s RBI framework and available via UAE-based FIs…. Read More

Paxos Announces Acquisition of Fordefi to Build Custody Infrastructure Layer to Enable On-Chain Economy

Paxos, the blockchain infrastructure platform, announced it has acquired Fordefi, which is described as an institutional-grade custody and wallet technology provider. Businesses have reportedly relied on Paxos for custodial infrastructure as they enter the on-chain financial economy. Digital asset market adoption continues and customers require… Read More

Robinhood Extends Prediction Markets Offering via JV and Partnership with Susquehanna

Robinhood (NASDAQ: HOOD) is reportedly introducing a futures and derivatives exchange and clearinghouse, deepening our investment in Prediction Markets and better positioning us to deliver various products to our customers. JB Mackenzie, VP and General Manager of Futures and International at Robinhood said that they… Read More

Tether’s Downgrade by S&P Global Has Not Impacted Stablecoin’s US Dollar Peg or Credibility

S&P Global may have somewhat surprised the stablecoin sector this past week after cutting Tether’s rating to “weak,” citing persistent disclosure gaps and structural opacity across its reserves. The downgrade appears have put fresh scrutiny on the world’s largest stablecoin, Tether (USDT), and analysts at… Read More

Wyoming Stable Token Commission Introduces Stablecoin Testing Initiative for Web3 Users

Anthony Apollo, Executive Director at the Wyoming Stable Token Commission, has shared what he claims is another first for a U.S. state which has been achieved by their organization (the Wyoming Stable Token Commission). At a recent gathering / sesssion, their CISO Keith Lawhorn unveiled… Read More

UK Business Confidence Declines but Still Above Long-Term Average, Report Reveals

UK business confidence softens but still reportedly remains above long-term average. This, according to the latest update from the Lloyds Banking Group. As mentioned in a report from UK‘s Lloyds Bank, the overall business confidence fell a number of points to just over 40% in… Read More

European Asset Manager Amundi Tokenizes its First Fund in Collab with CACEIS

Amundi, Europe’s asset manager, announces the launch of its tokenized share of the AMUNDI FUNDS CASH EUR money market fund. The first transaction reportedly took place on Nov 4, and the fund is now said to be distributed in a hybrid manner: it now remains… Read More

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