April 8, 2025 @ 10:46 am By JD Alois  |  

As a regular user of Companies House, this author believes the database needs more than some make-up. It needs a major overhaul. Companies House makes the US Securities and Exchange Commission’s EDGAR system look like a supermodel in comparison. That’s a heavy lift. From posting documents with opaque… Read More

April 8, 2025 @ 9:35 am By Omar Faridi  |  

UK venture capital firm Osney Capital announces the first close of its debut fund to invest in the UK’s most promising cyber security startups, marking it the UK’s “first specialist” cyber security seed fund. The fund is oversubscribed from its “original target of £50m.” The… Read More

April 8, 2025 @ 8:45 am By Omar Faridi  |  

The financial world is undergoing a fundamental shift. A new report by Ripple, the provider of digital asset infrastructure for financial institutions, and Boston Consulting Group (BCG) projects the market for tokenized real-world assets to grow from “$0.6 trillion today to $18.9 trillion by 2033… Read More

April 8, 2025 @ 8:28 am By JD Alois  |  

Multiple reports indicate that the National Cryptocurrency Enforcement Unit (NCET), part of the US Department of Justice, has been shut down. Fortune first reported this, stating that a memo indicates that Deputy Attorney General Todd Blanche announced the decision to eliminate the entity, claiming the DOJ is… Read More

April 8, 2025 @ 8:07 am By Omar Faridi  |  

Launched in 2021 by Luca Colciago, Jack Diamond and Matteo Avramov Giulivi, pan-European growth debt platform, Atempo Growth has announced the first close of its second fund, Atempo Growth II with commitments of over €300M. This close reportedly increases the firms AuM to “over €700M.”… Read More

April 8, 2025 @ 8:06 am By Omar Faridi  |  

  The Consumer Financial Protection Bureau’s (CFPB) recent shutdown caused a ripple across the industry and calls into question many regulations, including the status of the October open banking ruling. As the situation continues to evolve, CI caught up with Aaron Byrne, Head of Financial… Read More

April 8, 2025 @ 6:43 am By Omar Faridi  |  

After a rollout on Transit, SEPTA is expanding contactless payment options to Regional Rail starting on Friday, April 4. This means customers on all modes – trains, buses, subways, and trolleys – can easily “tap on using their credit or debit card, or mobile wallet.”… Read More

April 8, 2025 @ 5:41 am By Omar Faridi  |  

FNZ, the global end-to-end technology platform serving wealth and asset management businesses, announces it secured $500 million in new equity funding. The company has secured the equity funding from its “long-term institutional investors who remain closely aligned with FNZ’s strategy and ambitions.” The new capital… Read More

April 8, 2025 @ 1:01 am By Omar Faridi  |  

French fintech startup Pennylane has secured €75 million ($83 million) in a funding round that doubles its valuation to €2 billion, signaling strong investor confidence in its cloud-based accounting platform. The investment round was reportedly led by Sequoia Capital, along with participation from Alphabet’s CapitalG,… Read More

April 7, 2025 @ 11:59 pm By Omar Faridi  |  

Digital bank Monzo has made a strategic move into the home insurance market, launching a contents insurance product designed to capitalize on growing consumer demand for seamless, app-based financial services. This initiative marks Monzo as one of the first UK digital banks to offer such… Read More

April 7, 2025 @ 11:00 pm By Omar Faridi  |  

Digital bank Revolut has reportedly achieved significant milestones that underscore its steady growth and strategic vision. Revolut has surpassed one million retail customers in Switzerland, cementing its position as a digital banking solution in the European country. Revolut is also setting its sights on a… Read More

April 7, 2025 @ 10:03 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., unveiled key updates focused on enhancing its digital sales and services platform. The Alkami Digital Sales & Service Platform will allow financial institutions to onboard, engage, and “grow… Read More

April 7, 2025 @ 9:59 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) released statistics for the second quarter of 2024 on stored value facility (SVF) schemes, showing continued growth in both usage and transaction value. By the end of Q2 2024, the total number of SVF accounts in use reached 75.36… Read More

April 7, 2025 @ 9:57 pm By Omar Faridi  |  

The INX Digital Company, Inc. announces that it has entered into an arrangement agreement with OpenDeal Inc., a company better known as Republic, in connection with a transaction that values the company’s equity at up to $60 million (assuming the Rollover Share Limit is achieved)…. Read More

April 7, 2025 @ 6:26 pm By Omar Faridi  |  

Nearly three-quarters of financial technology startups fail within their first three years due to preventable regulatory compliance issues, according to a new industry report. The research study, released by Los Angeles-based Hare Strategy Group, analyzed five years of data from over 400 fintech ventures and… Read More

April 7, 2025 @ 4:33 pm By Omar Faridi  |  

As the highly-anticipated US presidential election draws nearer, 49% of American retail investors are planning to or have already “adjusted” their investment portfolios based on what they think will happen. This, according to an extensive update shared by investing and trading platform eToro. According to… Read More

April 7, 2025 @ 3:15 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and drives growth for merchants, announced that it has signed a partnership with Revolve Group, Inc. (NYSE: RVLV), the fashion retailer for Millennial and Generation Z consumers. Shoppers in the U.S. will soon be able to… Read More

April 7, 2025 @ 3:12 pm By Omar Faridi  |  

Chime, the San Francisco-based consumer fintech and one of the largest digital-only financial services providers in the U.S., has reportedly postponed its initial public offering (IPO), originally slated for 2025. The decision, highlighted in a CNBC report, comes as Silicon Valley grapples with plunging valuations… Read More

April 7, 2025 @ 12:00 pm By JD Alois  |  

Innovate Finance, an association that advocates on behalf of the Fintech industry in the UK, has issued a statement calling on the UK government to create a National Anti-Fraud Centre to battle the financial fraud crisis. The cost of payments fraud is said to be… Read More

April 7, 2025 @ 11:41 am By JD Alois  |  

The Securities and Exchange Commission’s Crypto Task Force, created by interim SEC Chairman Mark Uyeda, has revealed its agenda for its next Crypto Roundtable. Led by SEC Commissioner Hester Peirce, the Task Force aims to work with industry participants and other insiders to chart a… Read More