December 4, 2024 @ 10:10 am By JD Alois  |  

Rezolve Ai (NASDAQ: RZLV), a small-cap AI firm that infuses AI within the e-commerce process, is partnering with Tether on retail payments. Tether is the largest stablecoin issuer in the world, and its dollar-based digital asset, USDT, has a market cap of over $135 billion. Rezolve… Read More

December 4, 2024 @ 9:50 am By Omar Faridi  |  

Weavr’s whitepaper, titled “Flexible benefits cards: Employee choice, business control”, highlights the impact that fintech, and embedded finance in particular, is having on business applications, such as those utilized by HR teams for employee benefits schemes. The latest report shared by Weavr has found that… Read More

December 4, 2024 @ 9:48 am By Omar Faridi  |  

From Black Friday through Cyber Monday (BFCM), Stripe reportedly processed 465 million transactions with a total payment volume of over $31 billion. Stripe claims that it was the “largest ever” four-day period on Stripe. Stripe’s public microsite and custom BFCM machine tracked results in real-time,… Read More

December 4, 2024 @ 9:03 am By JD Alois  |  

The 180-degree transformation of the regulatory approach to crypto is just around the corner. The Joe Biden presidency has been exceptionally detrimental toward digital asset innovation. While the Securities and Exchange Commission took a regulation-by-enforcement approach to crypto, ignoring the profound opportunity to transform capital markets, other… Read More

December 4, 2024 @ 8:43 am By Omar Faridi  |  

Payment firms are said to be one of the fastest growing customer segments on the Fireblocks Network, with their number reportedly doubling within a year as the share of stablecoins continues to expand steadily. During the last year, Fireblocks claims that it has processed $3… Read More

December 4, 2024 @ 8:40 am By Omar Faridi  |  

Republic, a global online investing platform, will reportedly build Sui Launchpad, a new iteration of its launchpad platform that will enable companies to create utility tokens. Republic is the largest online investment platform in the world, providing opportunities for both retail and sophisticated investors across a spectrum of… Read More

December 4, 2024 @ 8:29 am By Omar Faridi  |  

MORS Software, a firm focused on Treasury, ALM and Liquidity Risk Management solutions, is pleased to announce its latest partnership with Monument Bank, a digital bank based in the United Kingdom. This collaboration signifies Monument Bank’s adoption of MORS Treasury Management System, a solution designed… Read More

December 4, 2024 @ 8:25 am By Omar Faridi  |  

At Robinhood (NASDAQ:HOOD), they claim to be committed to making investing more accessible and transparent for everyone. Robinhood Markets noted that this is why they’re introducing an important feature designed to help customers “manage their tax liabilities and give them flexibility when selling stocks” —Tax Lots…. Read More

December 4, 2024 @ 8:22 am By JD Alois  |  

Birchal, the leading securities crowdfunding platform in Australia (crowd-sourced funding in Aussie) has revealed its first partnership with an outside investor to fund a startup that is listed on its marketplace. Professional investors like VCs or Angels can provide important signalling for retail investors about… Read More

December 3, 2024 @ 11:47 pm By Omar Faridi  |  

The Lloyds Business Barometer has recently found that UK business confidence fell in November, with the index reportedly sliding three points to 41%. Above the long-term average of 29%, the notable change followed a period of sustained “positivity” from UK based businesses, as confidence reached… Read More

December 3, 2024 @ 10:51 pm By Omar Faridi  |  

KPMG UK has joined FinTech Scotland, the cluster management organization for fintech in Scotland. The organizations will work together to help foster innovation, accelerate growth and drive tech adoption “within the Scottish financial technology sector.” KPMG UK’s commitment adds expertise to Fintech Scotland’s cluster continuing… Read More

December 3, 2024 @ 10:46 pm By Omar Faridi  |  

Lumin Digital, a cloud-native digital banking provider, announced it has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group, acting “on behalf of its clients.” Lumin Digital plans to leverage the funding to accelerate its growth initiatives,… Read More

December 3, 2024 @ 9:46 pm By Omar Faridi  |  

Themis, a global firm that’s focused on financial crime prevention, announces the official launch of Tathabbat. This reportedly marks an important step in Saudi Arabia’s fast-growing compliance landscape, aligning with Vision 2030 as well as the Middle Eastern nation’s ongoing push to adopt innovative Know-Your-Finance… Read More

December 3, 2024 @ 9:45 pm By Omar Faridi  |  

Finfare Inc., a Fintech focused on expense management, is marking its three-years of business operations with a brand refresh and several industry updates/milestones. According to the update shared with CI, the brand revamp reflects the company’s evolution and its commitment to its mission to transform… Read More

December 3, 2024 @ 9:44 pm By Omar Faridi  |  

Offa, a UK-based Islamic property finance Fintech, has acquired Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio in a deal including over 350 home purchase plans. The deal means that the customers transferred over to Offa will reportedly have access to a broader “range of… Read More

December 3, 2024 @ 9:41 pm By Omar Faridi  |  

9fin, the AI-enhanced analytics platform for debt capital markets, has raised $50m in a Series B round led by Highland Europe, with participation from existing investors Spark Capital, Redalpine, Seedcamp, 500 Startups and Ilavska Vuillermoz Capital. The proceeds from the round will enable 9fin to… Read More

December 3, 2024 @ 9:38 pm By Omar Faridi  |  

Economic uncertainty is on the rise for the UK’s small and medium-sized enterprises (SMEs) following the Autumn Budget, according to iwoca’s Q3 2024 SME Expert Index. The iwoca report noted that the percentage of UK based brokers reporting pessimism among their SME clients about the… Read More

December 3, 2024 @ 7:11 pm By Omar Faridi  |  

Only a month out from the December holiday seasons, eCommerce retailers are witnessing signals of renewed consumer confidence as international sales drive considerable spending growth, according to the Digital Economy Index by Airwallex, an Australian-founded leading global financial platform. After a “rocky” start to 2024,… Read More

December 3, 2024 @ 5:07 pm By JD Alois  |  

Alex Mashinsky, the founder and former CEO of failed crypto investment platform Celsius Network, has pleaded guilty to fraud, according to reports. WSJ.com reports that Mashinsky will now avoid a criminal trial. At the same time, a guilty plea means he will face a maximum… Read More

December 3, 2024 @ 4:43 pm By Omar Faridi  |  

Forum Partners, a global real estate investment and asset management firm, and its portfolio company TSCG, announced the launch of TSCG Credit Opportunities I, LLC, a private credit fund seeking to raise up to $25 million from accredited investors, with the option to “increase the… Read More