May 29, 2025 @ 2:56 pm By Omar Faridi  |  

In a significant cybersecurity incident, LexisNexis Risk Solutions, a prominent data broker, disclosed that the personal information of approximately 364,000 individuals was compromised in a data breach that occurred in December 2024. The breach, which has raised alarms about the security of sensitive personal data,… Read More

May 29, 2025 @ 2:55 pm By Omar Faridi  |  

BlackRock (NYSE: BLK), the world’s leading asset manager, recently issued a notable warning about the future of Bitcoin in its updated iShares Bitcoin Trust (IBIT) filing, submitted in early May 2025. The firm, overseeing assets worth more than $11.6 trillion—greater than the combined GDP of… Read More

May 29, 2025 @ 12:09 pm By JD Alois  |  

Online investment platform Crowd Street aims to lead the “new frontier” of private market investing. Previously targeting real estate opportunities, the firm is looking to expand its portfolio of offerings. In a company statement, Crowd Street announced the launch of a new brand-building initiative that… Read More

May 29, 2025 @ 11:54 am By JD Alois  |  

The Crypto Council for Innovation, an advocacy group for the digital asset sector, is welcoming the two consultations launched by the UK Financial Conduct Authority addressing the clarity of regulation for the digital asset industry, including the key stablecoin industry. The consultations cover the issuance… Read More

May 29, 2025 @ 11:43 am By Omar Faridi  |  

Visa (NYSE:V), a global enabler of digital payments, announced Visa Commercial Integrated Partners, a new program designed to improve connectivity “between fintechs and Visa Commercial products through its commercial platform.” Visa will make available advanced APIs to “embed Visa products in a business partners’ applications… Read More

May 29, 2025 @ 11:35 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) is in the midst of two consultations that will impact digital assets or crypto. As the world has taken a recent change in embracing digital asset innovation, the FCA wants to stay in the game, supporting responsible innovation and… Read More

May 29, 2025 @ 9:40 am By JD Alois  |  

Lumio, a Fintech that raised growth capital on Crowdcube, has announced a partnership with Lloyds Bank. Lumio offers an app that aims to help people grow their money on autopilot. In 2021, Lumio raised over £1 million at a pre-money valuation of £3.5 million. The… Read More

May 29, 2025 @ 9:22 am By JD Alois  |  

Outlier Ventures says it will work with the Midnight Foundation on a privacy tech accelerator focusing on decentralized identity and financial services. The Midnight network is a privacy-enhancing blockchain project developed by Shielded Technologies. Outlier explains that privacy-enhancing technologies (PETs) are a class of advanced… Read More

May 29, 2025 @ 9:13 am By JD Alois  |  

Coinbase (NASDAQ:COIN) recently revealed that it had been the target of a hack that was enabled by certain insiders. The event embarrased the crypto exchange as it has long sought to lead the sector in security and safety. Today, Irdeto, a Dutch cybersecurity firm, says it has… Read More

May 29, 2025 @ 9:01 am By JD Alois  |  

Robinhood (NASDAQ: HOOD) says its Legend Trading Platform is now available for UK customers. Robinhood Legend is free to use for anyone with an account with the brokerage. It allows customers to trade 6,000 US stocks from their desktop browser, with no FX fees. Options trading… Read More

May 29, 2025 @ 8:54 am By JD Alois  |  

Vodafone customers may now Pay by Bank in Germany due to a partnership between Tink and Adyen (ADYEN:AMS). Tink is part of Visa (NYSE:V). Pay by Bank is an open banking process that allows for immediate transfers between two banks in a secure environment. Tink… Read More

May 29, 2025 @ 8:47 am By JD Alois  |  

Tribe Payments has announced a partnership with Finmo to offer end-to-end payment and treasury services to banking and Fintech clients across key growth markets, specifically the Asia-Pacific (APAC) and Europe. Tribe’s issuer and acquirer processing platform will be integrated with Finmo’s treasury and financial management… Read More

May 29, 2025 @ 8:38 am By JD Alois  |  

Eunice is entering the stablecoin sector by offering a due diligence and monitoring service. Founded in 2022, Eunice is a B2B AI solutions provider for the digital asset sector. Eunice’s platform supports token classification, risk analysis, and asset disclosure requirements. As the stablecoin sector is… Read More

May 29, 2025 @ 8:30 am By JD Alois  |  

TrueLayer, a UK-based payments firm, is now working in the gaming sector following an agreement with Tebex. According to a company statment, Tebex is utilizing TrueLayer’s services in Germany, France, Spain, Belgium and the UK. TrueLayer offers a “Pay by Bank” network that enables immediate… Read More

May 29, 2025 @ 8:20 am By Omar Faridi  |  

DunPort Capital Management, a private credit manager, and Vertis Capital Partners, a UK-based alternative investment firm focused on asset-backed finance and private credit, announced a partnership. As part of the transaction Vertis will take an initial minority stake in DunPort which is expected to “increase… Read More

May 29, 2025 @ 8:13 am By Omar Faridi  |  

Exodus announces the launch of XO Pay, a service that allows customers to buy and sell cryptocurrency directly within the Exodus Mobile wallet. Developed by Exodus and powered “by Coinme’s Crypto-as-a-Service API platform, XO Pay is the self-custody wallet with native on-ramping.” XO Pay eliminates… Read More

May 29, 2025 @ 8:12 am By Omar Faridi  |  

OpenFX, the FX infrastructure company revolutionizing cross-border payments, announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company’s “growth from $0 to… Read More

May 29, 2025 @ 7:50 am By Omar Faridi  |  

Trading and investing platform, eToro, announces the addition of 12 cryptoassets to the U.S. platform. In addition to Bitcoin, Bitcoin Cash, and Ethereum, U.S. users now have the option “to invest in: Aave, Cardano, Chainlink, Compound, Dogecoin, Ethereum Classic, Litecoin, Ripple, Stellar, Shiba Inu, Uniswap,… Read More

May 29, 2025 @ 7:49 am By Omar Faridi  |  

Dojo, the UK payments technology provider, announces it has secured an investment of $190 million from Vitruvian Partners, a global growth investment firm. The investment marks the first equity raise in Dojo’s history. The funds enable Dojo to accelerate the company’s growth in the UK… Read More

May 29, 2025 @ 7:47 am By Omar Faridi  |  

A quarter of adults in the UK are ‘silent savers’, preferring to keep financial matters private and rarely discussing savings or investments with others, according to research by KPMG UK and the charity National Numeracy. The study of 2,000 UK adults which also found that… Read More