Payments provider PayPal (NASDAQ:PYPL) is pursuing a Utah-chartered industrial loan company. The company has submitted its application to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation. An industrial bank charter is a state-issued license, primarily in Utah, allowing a financial institution… Read More
Read more in: Fintech | Tagged ilc, industrial bank charter, lc, payments, paypal
TrueLayer, a European payments network that offers Pay by Bank payments, is reporting that its Chief Operating Officer, Rob Kerrigan, will be joining the newly formed UK Payments Initiative (UKPI). TrueLayer joins 30 other firms in the payments sector, including all major UK retail banks…. Read More
Read more in: Fintech, Global | Tagged open banking, payments, truelayer, uk, UK Payments Initiative, ukpi, united kingdom
MetaMask is pleased to announce that Bitcoin (BTC) is now being supported on the platform. According to the update, this means users are able to trade and manage BTC alongside other crypto-assets such as Ethereum, Solana, Monad, and Sei assets, all inside their MetaMask wallet…. Read More
Read more in: Blockchain & Digital Assets, Global | Tagged bitcoin, btc, defi, metamask, product update
The UK Financial Conduct Authority (FCA) has posted an update on Open Banking. Unlike in the US, the UK has outlined prescribed requirements for financial services firms to allow customers to control their data, specifying who may access it, while providing streamlined processes for changing… Read More
Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged fca, open banking, uk, UK Payments Initiative, united kingdom
Cross River Bank and Highnote will offer a new stablecoin settlement as part of Visa’s stablecoin settlement pilot program. In a release, the companies stated that the collaboration will offer USDC settlement over the Solana blockchain in a production environment. Luca Cosentino, Head of Crypto… Read More
Read more in: Blockchain & Digital Assets | Tagged cross river bank, highnote, stablecoins, visa
The Canton Network will offer USD1 stablecoin, issued by World Liberty Financial (WLFI). WLFI is majority-controlled by the Trump family. USD1 has a market cap of over $2 billion. USD1 is fully backed 1 to 1 by US Treasuries, dollar deposits, and other low-risk assets…. Read More
Read more in: Blockchain & Digital Assets | Tagged bitgo, Canton Network, stablecoins, usd1, World Liberty Financial
Similarweb’s 2025 Generative AI Landscape: The State of Gen AI provides a concise breakdown of how AI has changed mobile search and digital interaction. According to Similarweb, average monthly web visits to AI sites rose 76% YoY, and unique visitors increased 58%. Those numbers are… Read More
Read more in: Artificial Intelligence | Tagged ai, chatgpt, e-commerce, google, Similarweb
Archax, the UK/EU regulated digital asset platform, and TradingStack.io, the capital markets connectivity provider, announced that they have partnered to offer FIX access to cryptocurrencies and tokenised real-world assets (RWAs) available on the Archax Primary and Secondary markets. By leveraging the Financial Information eXchange (FIX)… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged archax, digital assets, EU, trading, uk
Airwallex, a financial platform for businesses, announced it will inject $590 million into its UK business across the next 5 years (2026 to 2030) to drive local and growth. The investment will be spent on a range of activities “including a hiring surge which will… Read More
Read more in: Fintech, Global | Tagged airwallex, Business Expansion, payments, uk
Sygnum, a global digital asset banking group, announces it has launched its collaboration with BNY (NYSE: BK), a global financial services company, as one of its USD settlement providers. The collab, which is reportedly one the first with a European digital asset bank in this… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged bny, digital assets, digital banking, sygnum
Octane has closed its Series F funding round of $100 million in equity capital. The raise includes new equity capital to be used for growth initiatives, and amounts to be used for secondary share transfers. Valar Ventures led the round with participation from Upper90, Huntington Bank, Camping World and Good Sam, Holler-Classic, and… Read More
Read more in: Fintech | Tagged Billy Libby, equipment financing, funding round, james fitzgerald, Jason Guss, octane
LendInvest Mortgages (LSE: LINV), an alternative platform for property finance, announces the launch of a long-term development finance funding partnership with AB CarVal and HSBC, intended to scale the company’s development finance proposition and enable the delivery of new homes across the nation. The funding… Read More
Read more in: Fintech, Global, Real Estate | Tagged financing, lendinvest, sme's, uk, united kingdom
The British Business Bank announced a £15 million investment into PolyAI, a key player in enterprise conversational AI, as part of an $86 million Series D round. The round has reportedly been co-led by Georgian, Hedosophia, Khosla Ventures, with additional investment from NVentures (NVIDIA’s VC… Read More
Read more in: Artificial Intelligence, Fintech, Global | Tagged british business bank, polyai, uk, united kingdom
tZERO Group, Inc., a blockchain-powered multi-asset infrastructure provider, announced a partnership with Polymath, the company behind Polymesh – an L1 blockchain built for real-world assets. The partnership brings together Polymath’s RWA blockchain tech and tZERO’s broker-dealer and tokenization capabilities to support issuers seeking to “tokenize… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged digitalization, polymath, Polymesh, securities, tzero
Proxymity, the digital investor communication platform, announces the expansion of its partnership with Deutsche Bank, one of the global financial institutions, with the rollout of Proxymity Vote Connect Access in Thailand. Deutsche Bank is said to be one of the first adopters of Proxymity’s digital… Read More
Read more in: Asia, Fintech | Tagged deutsche bank, proxymity, southeast asia, thailand
Phantom, a crypto wallet trusted by more than 20 million users, and Kalshi, the world’s prediction market, introduced a new way to trade what’s trending. With Phantom Prediction Markets, users can tap into the moments shaping politics, crypto, sports, and culture, discovering markets and watching… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged kalshi, phantom, prediction markets, wallet
Visa (NYSE: V) today launched its Stablecoins Advisory Practice. The new service by Visa Consulting & Analytics (VCA) provides actionable insights and recommendations to guide banks, fintechs, merchants, and businesses of all sizes on market fit, strategy, and implementation. As the stablecoin market cap surpasses $250 billion, Visa’s… Read More
Read more in: Blockchain & Digital Assets | Tagged anthony sharett, Carl Rutstein, Lauren Morrison, Matt Freeman, stablecoins advisory practice, visa
The Fintech Pulse report has provided a data-driven look at Latvia’s financial technology sector. The research report offers insights from Riga Technical University’s Riga Business School Fintech Observatory, covering sector — wide turnover, taxes, profit, as well as overall employment trends. According to the research… Read More
Read more in: Fintech, Global | Tagged europe, fintech, latvia, research
State Street Investment Management and Galaxy Asset Management, an affiliate of Galaxy Digital Inc. (NASDAQ: GLXY) announced the forthcoming launch of the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), which is described as a tokenized private liquidity fund that will aim to unlock the… Read More
Read more in: Blockchain & Digital Assets, Global, Offerings | Tagged digital assets, etfs, galaxy digital, ondo, state street
The Australian fintech ecosystem has remained broadly stable during this year, according to an extensive update from KPMG, which also noted that with 801 independent Australian owned fintech companies, “marking a slight 2% decline year-on-year change from 2024.” The research report from KPMG also mentioned… Read More
Read more in: Fintech, Global | Tagged australia, fintech, insights, research
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