July 3, 2025 @ 9:29 pm By Michael Wong  |  

Oman Investment Authority (OIA) ended 2024 with $53 billion in assets under management and a net profit of $4.12 billion, enabling a $2.1 billion transfer to the state budget and reinforcing its fiscal importance, according to an announcement. Ranked among the top ten global sovereign… Read More

July 3, 2025 @ 8:12 pm By Michael Wong  |  

Vietnam-based artificial intelligence startup AI Hay has raised $10 million in a Series A funding round led by Southeast Asia-focused venture capital firm Argor Capital, the company said in a statement on Wednesday. The latest round, which also drew participation from existing investors Square Peg,… Read More

July 3, 2025 @ 11:13 am By Omar Faridi  |  

On July 1, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against Aeza Group, a Russia-based bulletproof hosting (BPH) services provider, for its role in facilitating cybercriminal activities targeting victims in the United States and globally. Bulletproof hosting… Read More

July 3, 2025 @ 10:51 am By Omar Faridi  |  

DailyPay, a provider of On-Demand Pay as well as financial wellness solutions, announced a $200 million asset-backed securitization (ABS) of its On-Demand Pay receivables. This transaction, backed by some of the world’s financial institutions, establishes “a new asset class and extends DailyPay’s capacity to partner… Read More

July 3, 2025 @ 9:21 am By Omar Faridi  |  

Mastercard Start Path is offering a new Security Solutions program designed to support startups that are developing technologies in “cybersecurity, fraud mitigation, digital identity, and payment resiliency.” OneID, Scamnetic, Spec, VanishID, and Shield-IoT are “the first startups to participate following a global application and vetting… Read More

July 3, 2025 @ 8:31 am By Omar Faridi  |  

Betterment, which claims to be one of the largest independent digital financial advisors, released its Retail Investor Survey examining how investors are navigating a financial landscape “marked by inflation concerns, political uncertainty, and market volatility.” Betterment’s Retail Investor Survey “surveyed 1,200 investors across four generations… Read More

July 3, 2025 @ 7:17 am By Omar Faridi  |  

A report from CoinGecko has examined the performance of Ethereum versus Solana. As we cross the midpoint of 2025, the competition between Solana and Ethereum, two of the most prominent Layer 1 blockchains, continues to captivate the crypto sector. Both ecosystems have faced significant challenges… Read More

July 3, 2025 @ 6:53 am By Omar Faridi  |  

The Web3 ecosystem, built on the promise of decentralized technologies, continues to face significant security challenges as it grows into a cornerstone of global finance, according to CertiK, a blockchain security firm, which has released its Hack3d report. The Web3 Security Quarterly Report for Q2… Read More

July 3, 2025 @ 3:52 am By JD Alois  |  

Qonto has filed for a banking license, according to a public statement. Qonto, a Fintech that is already serving more than 600,000 SMEs and freelancers in eight different countries including France, Germany, Italy, Spain, the Netherlands, Belgium, Portugal, and Austria. Qonto is currently operating under… Read More

July 3, 2025 @ 3:47 am By Omar Faridi  |  

From 1 August 2025, PostFinance is permanently reducing the prices for transfers in pounds sterling to the United Kingdom to a fixed fee of 9 francs, and for euro transfers to Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia to 7 francs. In doing so, PostFinance is… Read More

July 3, 2025 @ 2:38 am By Omar Faridi  |  

SIX has reportedly completed its acquisition of Aquis, creating a pan-European exchange innovator with an aggregated 15% market share and access to 16 capital markets across Europe. By combining Aquis’ technology with the multi-asset class services of SIX, the transaction strengthens “the position of SIX… Read More

July 3, 2025 @ 1:44 am By Omar Faridi  |  

Stripe is showing off new products that aim to accelerate its growth and the growth of German businesses. The announcements were made at Stripe Tour Berlin, the company’s gathering of business professionals in Germany. New products and features in Germany include: Access to growth capital… Read More

July 3, 2025 @ 1:36 am By Omar Faridi  |  

As the UAE gears up for another season of Dubai Summer Surprises (DSS), new data from Checkout.com reveals a sharp increase in digital spending during last year’s campaign, with signals pointing to even greater momentum this summer. The number of daily digital transactions in the… Read More

July 3, 2025 @ 1:24 am By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has proposed new measures to improve investor disclosures and simplify regulatory requirements for complex financial products, in a move aimed at balancing self-directed investing with protections for vulnerable consumers. The consultation paper, published on July 1, outlines enhancements to… Read More

July 3, 2025 @ 1:21 am By Omar Faridi  |  

In a step toward expanding its footprint in Europe, OKX, one of the world’s cryptocurrency exchanges, has officially launched a fully regulated centralized crypto exchange in France. Announced by Erald Ghoos, CEO of OKX Europe, this milestone marks a strategic advancement in the company’s mission… Read More

July 3, 2025 @ 1:15 am By Omar Faridi  |  

Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A. (Sabadell), with a valuation of “£2.65 billion (approximately €3.1 billion) in an all-cash transaction.” TSB is said to be a well-established UK retail… Read More

July 3, 2025 @ 12:11 am By Omar Faridi  |  

Entrust, an identity-centric security solutions provider, has announced a partnership with CreditBank PNG (CBP) to deliver digital and card payment solutions to customers across Papua New Guinea. This collaboration is said to mark a “significant milestone in CBP’s digital transformation journey and supports its long-term… Read More

July 2, 2025 @ 8:21 pm By Michael Wong  |  

Global investment major KKR has launched Ascend Asia Financial Services Group, a new financial advisory platform based in Singapore, according to an announcement. It also simultaneously announced the acquisition of Singapore advisory firm finexis and its affiliates. The acquisition, made through funds managed by KKR,… Read More

July 2, 2025 @ 7:15 pm By Michael Wong  |  

Japan Investment Corporation (JIC) has committed JPY3.5 billion ($22.5 million) to Genesia Venture Fund IV, a vehicle managed by Genesia Ventures, Inc., as part of its broader push to strengthen Japan’s startup ecosystem, according to a company announcement. The move also seeks to foster international… Read More

July 2, 2025 @ 2:04 pm By Michael Wong  |  

DigitalBridge Group Inc and Canada’s La Caisse have finalized the acquisition of Yondr Group, a global hyperscale data center developer and operator, from Cathexis Holdings, the companies announced. The move bolsters both investors’ presence in digital infrastructure and strengthens their ability to address the growing… Read More