June 1, 2025 @ 6:16 pm By Michael Wong  |  

Kashable, a U.S.-based Fintech company offering employer-sponsored credit and financial wellness benefits, has secured a $250 million credit facility to expand its lending capacity and further its mission of delivering affordable financial solutions to working Americans. The credit facility, led by Nomura Corporate Funding Americas,… Read More

June 1, 2025 @ 5:51 pm By Omar Faridi  |  

Major transformation programs and further consolidation in Australia is likely within the nation’s superannuation sector, as funds tackle “significant changes to member demographics, stakeholder expectations, competition and regulatory scrutiny.” According to KPMG Australia’s latest Super Insights report, which looks at recent data from APRA FY24… Read More

June 1, 2025 @ 5:33 pm By Michael Wong  |  

Grammarly has secured $1 billion in funding from General Catalyst to support the expansion of its AI productivity platform, as the company seeks to broaden its enterprise footprint and accelerate product innovation following its acquisition of Coda earlier this year. The latest investment was made… Read More

June 1, 2025 @ 5:29 pm By Omar Faridi  |  

Canary Capital Group LLC, a digital asset-focused investment firm, has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for the first spot CRO ETF in the U.S. The proposed publicly available fund aims to provide U.S. investors with direct “exposure… Read More

June 1, 2025 @ 5:23 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has announced a series of transformative updates in Spring 2025, showcasing its commitment to enhancing trading experiences, enabling innovation, and supporting community engagement. These updates include expanded futures trading capabilities, a strategic approach to steady business growth, and a multisport partnership in Canada…. Read More

June 1, 2025 @ 5:20 pm By Omar Faridi  |  

Kaspersky Global Research and Analysis Team (GReAT) discovered a new version of the Zanubis mobile banking trojan targeting users in Peru. When Zanubis originally emerged in 2022, it “mimicked PDF readers or Peru government organizations’ apps, and now in 2025 it disguises itself as two… Read More

June 1, 2025 @ 5:16 pm By Omar Faridi  |  

Ledger, a global company focused on cryptocurrency hardware wallets, has recently announced three significant updates that underscore its commitment to enhancing user experience, security, and community engagement in the crypto ecosystem. These developments include the expansion of the Crypto Life (CL) Card to the United… Read More

June 1, 2025 @ 5:15 pm By Omar Faridi  |  

In 2024, the cryptocurrency industry witnessed an unprecedented surge in scams, with revenues potentially reaching a record-breaking $12.4 billion, according to blockchain analytics firm Chainalysis. The rise of artificial intelligence (AI) and the proliferation of “pig butchering” scams have significantly contributed to this alarming trend,… Read More

June 1, 2025 @ 5:14 pm By Omar Faridi  |  

The blockchain and decentralized finance (DeFi) landscape continues to evolve, presenting opportunities and challenges for developers and users. Recent analyses from CertiK shed light on critical incidents and emerging technologies shaping the Web3 ecosystem. CertiK unveils three key updates: an incident analysis of the Cork… Read More

June 1, 2025 @ 5:13 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) noted that uncertainty among current homeowners and prospective buyers is at a three-year high, with 60% saying they “can’t tell whether now is a good time to buy a home or not, compared to 48% two years ago,” according to… Read More

June 1, 2025 @ 12:45 pm By Omar Faridi  |  

The global economy is navigating a period of uncertainty, marked by trade policy shocks, technological disruptions, and demographic shifts. Recent reports and announcements from the World Economic Forum (WEF) highlight critical trends shaping the future, from economic growth challenges to organizational governance changes and strategies… Read More

May 31, 2025 @ 8:27 pm By Michael Wong  |  

SingWealth Holdings has acquired an insurance brokerage license in the Hong Kong Special Administrative Region, reinforcing its presence in North Asia and expanding its footprint beyond Singapore. The move represents a major step in the company’s strategy to deliver cross-border financial services and deepen its role in… Read More

May 31, 2025 @ 7:25 pm By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, has provided an $21m note-on-note facility to New York-based real estate investment firm and lender, EquityMultiple. Co-founded in 2015 by Charles Clinton and Marious Sjulsen, the firm specializes in building investor wealth “through streamlined access to diverse real estate… Read More

May 31, 2025 @ 6:22 pm By Michael Wong  |  

Snorkel AI, a provider of AI data development tools, has raised $100 million in Series D funding at a $1.3 billion valuation to accelerate the creation and evaluation of specialized enterprise AI systems. The round was led by Addition, with participation from Prosperity7 Ventures, existing… Read More

May 31, 2025 @ 5:21 pm By Omar Faridi  |  

Xero, the global small business platform, released a report with New Zealand Institute of Economic Research (NZIER) projecting the productivity gains Kiwi small and medium size enterprises (SMEs) stand to gain through accelerated digitalization. Productivity is the biggest long-run “determinant of wages and living standards,… Read More

May 31, 2025 @ 4:20 pm By Omar Faridi  |  

The payments landscape is undergoing a seismic shift, driven by the rapid evolution of mobile point-of-sale (mPOS) and software point-of-sale (SoftPOS) technologies. Juniper Research’s whitepaper, From Hardware to Everywhere: The Rise of mPOS & SoftPOS, provides a comprehensive analysis of these transformative systems, detailing their… Read More

May 31, 2025 @ 3:20 pm By Omar Faridi  |  

Xero, the global small business platform, announced an integration with Tallyfor, the modern platform for business tax engagements, to deliver a solution designed to streamline tax preparation and boost efficiency for accounting firms. Accounting firms today face “capacity shortages, recruitment and retention difficulties, and the… Read More

May 31, 2025 @ 3:19 pm By Omar Faridi  |  

New research from iwoca reveals big ticket loans are set to see increased interest from small and medium-sized enterprises (SMEs), as growth ambitions resurface. The Q1 2025 SME Expert Index, a survey of finance brokers “conducted quarterly by iwoca — one of Europe’s largest SME… Read More

May 31, 2025 @ 3:18 pm By Omar Faridi  |  

Westpac has built new AI technology which will revolutionise its customer support capabilities, including improving the bank’s ability to detect if a customer is being scammed. A first of its kind in Australia, the real-time call assistant technology is being integrated “within the bank’s frontline… Read More

May 31, 2025 @ 3:17 pm By Omar Faridi  |  

Graduation season is a time of celebration but for many recent grads, it can also feel like a wake-up call. A survey conducted by Talker Research on behalf of Chime reveals how new graduates are “approaching money matters — from budgeting basics and student debt… Read More