Federato Raises $100M Series D

AI insurtech Federato has raised $100 million in Series D funding led by Growth Equity at Goldman Sachs Alternatives, with participation from returning investors Emergence Capital, Caffeinated Capital, StepStone Group, and Pear VC. This latest capital infusion reinforces a major shift in insurer sentiment away… Read More

Mercuryo, Polygon Labs, Mastercard Expand Credentials to Self-Custody Wallets

Global payments infrastructure platform Mercuryo, blockchain infrastructure provider Polygon Labs and Mastercard are partnering to expand Mastercard Crypto Credential to include self-custody wallets. Mastercard Crypto Credential helps verify interactions among consumers and businesses using blockchain networks by offering simple aliases to replace typically long and complex addresses. Making the solution available to self-custody wallets… Read More

Family Office Fintech Asseta AI Confirms $4.2M Seed Round

Asseta AI, a purpose-built accounting platform for family offices, today announced a $4.2 million seed funding round co-led by Nyca Partners and Motive Partners. The platform supports more than $10 billion in assets. Nearly one-third of family office clients manage over $1 billion. The capital… Read More

Insurtech Pibit.AI Confirms $7M Series A

Insurtech Pibit.AI this week announced a $7 million Series A to accelerate development of its Centralized Underwriting Risk Environment (CURETM). The round was led by Stellaris Venture Partners with participation from Y Combinator and Arali Ventures. Pibit.AI was founded by engineer Akash Agarwal. Having grown… Read More

Solflare Teams Up With Mastercard to Introduce Solana Self-Custody Debit Card

Solflare, the gateway to web3 and modern digital finance, partnered with Mastercard (NYSE: MA), in order to launch the Solflare Card, the self-custody debit card on Solana. Linking to users’ Solflare Wallets, the digital card enables users to complete instant debit card payments with USDC… Read More

Bitcoin Spirals, Markets Stumble and the Bears Take Control

Bitcoin has been in reverse for a couple of weeks now. Far off its all-time high of over $124,000 earlier this year, Bitcoin is now trading sub $90,000 – currently at $86,500. This represents a significant loss in value of around 30%. While traditional stock… Read More

Fintech Maxima Reports New Funding to Transform Accounting via Agentic Human-AI Collab

Maxima, the agentic AI platform for accounting automation, announced $41 million in Seed and Series A from Redpoint Ventures, Kleiner Perkins, Audacious Ventures. Maxima also mentioned in the announcement that the funding round has now been joined by former BlackLine CMO & Chief Strategy Officer… Read More

Colombian Fintech Addi Secures $71M Credit Upsize from Fasanara Capital, Goldman Sachs, BBVA Spark

Fasanara Capital has reportedly increased its credit commitment to Addi, a commerce and financial platform in Colombia, by $11 million as part of a $71 million upsizing of Addi’s credit facilities along with Goldman Sachs. This commitment enhances Addi’s capital position and supports its goal… Read More

Elliptic Enables Compliance for Wallet’s Users on Telegram

Elliptic, the global enabler of digital asset decisioning, has partnered with Wallet, a digital asset solution built to run on Telegram’s interface, in order to provide more advanced wallet screening and built-in risk intelligence, reinforcing Wallet in Telegram’s commitment “to compliance, security and fostering a… Read More

Tether Looks Toward Latin America, Invests in Parfin

Digital asset firm Tether has invested in Parfin, according to a blog post. Parfin is a Latin American digital asset trading platform that offers custody and tokenization. The company also provides infrastructure rails for institutional customers. Parfin was founded in 2019 by Marcos Viriato, Alex… Read More




Telcoin Obtains Approval to Operate as Digital Asset Depository Institution

Telcoin has secured final regulatory approval from the Nebraska Department of Banking and Finance to operate as the nation’s first chartered Digital Asset Depository Institution (DADI). The approval reportedly marks one of the first times a state has granted a full banking charter specifically designed… Read More

More Brits Predicted to Flee the UK Following Autumn Statement as Taxes Expected to Rise

The Autumn Statement, the UK’s budget update, is just around the corner. Chancellor of the Exchequer Rachel Reeves is expected to deliver Labour’s vision for the economy, which may include a host of tax increases. Thought to be on the table include increases in capital… Read More

Blockchain: SEC Director Comments on Trust, Trustless Assets

Jamie Selway, the SEC’s Director of the Division of Trading and Markets, delivered a speech today on trust and trustless access, directly addressing the rise of digital assets and blockchain technology—the speech was presented in New York at the SIFMA Market Structure Conference. Selway shared… Read More

UK: Robinhood Engages with Pubs to Promote its Platform

Robinhood (NASDAQ: HOOD is looking to boost users in the UK and they are taking action by promoting its services in a place where everyone gathers. Not the tube, but in the pubs as Robinhood will partner with Question One and Quiz Live, to bring financial… Read More

Stuut Technologies Raises $29.5 Million Series A

Accounts receivable artificial intelligence (AI) firm Stuut Technologies has raised $29.5 million in Series A funding. The round was led by Andreessen Horowitz, with participation from Activant Capital, Khosla Ventures, 1984.vc, Page One Ventures, Vesey Ventures, Carya Venture Partners, and Valley Ventures. The new round updates… Read More

NVIDIA Shares Move Higher as Results Display Ongoing Demand

NVIDIA (NASDAQ:NVDA), a company that has emerged as a bellwether for markets, did not disappoint last night when it announced Q3 earnings results. In early market trading, NVIDIA shares are trading higher – currently poised for an over 5% leap or around $196/share. Markets were… Read More

Equity Crowdfunding Stumbles in Europe but Debt More Resilient

Investment crowdfunding has gone through various iterations since its inception. Too frequently confused with rewards offerings, which are really ecommerce with a delay, securities issued in an online offering are a financial ecosystem that will continue to persist and thrive over time. At the same… Read More

Digital Assets Firm Kraken Confidentially Files for US IPO

Payward, Inc. (doing business as Kraken) has announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its common stock. Digital assets exchange Kraken noted that… Read More

Nuvei and European Payments Initiative Introduce Wero Payments for Digital Commerce Merchants

Nuvei announced that its eCommerce merchants have started processing transactions via Wero, the digital wallet of the European Payments Initiative (EPI). Wero is designed to deliver instant, secure account-to-account payments across Europe. Earlier, Nuvei were among the payment processors to complete a Wero transaction in… Read More

Ondo Finance Secures EU Approval for Tokenized Stocks and ETFs

Ondo Finance has received formal regulatory approval in the European Union, clearing the way for its tokenized versions of stocks and exchange-traded funds (ETFs) to be offered legally across the entire EU and European Economic Area (EEA). The green light broadens the potential investor base… Read More

Send this to a friend