March 22, 2025 @ 8:30 pm By Omar Faridi  |  

The JurisTrade Litigation Asset Marketplace provides a “transparent” electronic platform which facilitates both primary funding opportunities in litigation finance, as well secondary sales of such interests. The potential market for litigation finance ranges in the “several $100s billions, of which only $30 billion is currently… Read More

March 22, 2025 @ 7:33 pm By Omar Faridi  |  

Qlarifi, a fintech startup transforming credit reporting for Buy Now, Pay Later (BNPL), has announced the completion of its pre-seed funding round. The investment round, backed by a combination of HoneyComb Asset Management, Carthona Capital and a selection of angel investors “including Australian rugby legend… Read More

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

Malaysia-based wealth management platform Versa has completed its Series A funding round led by AHAM Asset Management Berhad (AHAM Capital), the company said, as it looks to accelerate user growth and expand its product offerings over the next five years. Other investors in the round… Read More

March 22, 2025 @ 6:07 pm By Michael Wong  |  

The International Monetary Fund (IMF) has officially recognized digital assets in its global economic reporting framework for the first time, updating its balance of payments standards to reflect the growing role of cryptocurrencies and blockchain-based assets in the global economy. In the newly released seventh… Read More

March 22, 2025 @ 5:43 pm By Tony Zerucha  |  

Frubana, a B2B online marketplace for the food service industry, has partnered with global nonprofit Accion and the Mastercard Center for Inclusive Growth to provide embedded financing solutions to small-scale restaurant owners in Brazil. The partnership seeks to provide access to credit to more than… Read More

March 22, 2025 @ 5:29 pm By Omar Faridi  |  

The EY organization announced its artificial intelligence (AI) EY.ai Agentic Platform, created in collaboration with NVIDIA (NASDAQ:NVDA) . Built on the full NVIDIA AI stack – including NVIDIA AI Enterprise and the new NVIDIA AI-Q Blueprint, AI-Q – the platform will integrate private, domain-specific NVIDIA… Read More

March 22, 2025 @ 5:28 pm By Omar Faridi  |  

As the first quarter of 2025 draws to a close, Coinbase (NASDAQ:COIN), one of the world’s largest digital asset exchanges in terms of trading volume and scope of operations, has recently unveiled a series of strategic developments that underscore its position as a key player… Read More

March 22, 2025 @ 5:26 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Forward, a technology partner empowering Software-as-a-Service (SaaS) companies to integrate and monetize payments, are addressing some of the core payment challenges currently inhibiting the growth of SaaS providers through embedded payment offerings…. Read More

March 22, 2025 @ 5:24 pm By Omar Faridi  |  

Munich Re and NEXT Insurance have signed a definitive agreement regarding the full acquisition of NEXT Insurance by Munich Re on March 19, 2025. The envisaged transaction will have NEXT Insurance become “part of ERGO, the major primary insurance business of Munich Re.” More than… Read More

March 22, 2025 @ 5:23 pm By Omar Faridi  |  

Pakistan’s recent decision to “legalize” cryptocurrency transactions and investments marks a pivot from its historically cautious stance on digital assets. However, it is unclear just how the country will implement a proper regulatory framework for Bitcoin (BTC) and other digital currencies. Over the years, Pakistan… Read More

March 22, 2025 @ 5:22 pm By Tony Zerucha  |  

New SMB founders prefer social media marketing, results of a survey by digital marketing platform Constant Contact reveal. Constant Contact surveyed 1,600 small business owners across the United States, United Kingdom, Australia, and Canada who have operated for five years or less. These businesses are… Read More

March 22, 2025 @ 6:40 am By Tony Zerucha  |  

Results of a survey commissioned by Engage People, a loyalty network that enables program members to pay with points directly at checkout, found that 90% of consumers are open to switching brands. This highlights the growing importance of financial-based rewards—such as the ability to Pay… Read More

March 21, 2025 @ 4:27 pm By Omar Faridi  |  

dLocal, the payment platform connecting global merchants to emerging markets, announced a partnership with Belmoney, the  Remittance-as-a-Service (RAAS) provider in Europe. The global remittance industry remains burdened “with high fees and slow transaction speeds.” According to the IMF, transfers under $200 incur average fees “of… Read More

March 21, 2025 @ 4:17 pm By Omar Faridi  |  

WealthKernel, a digital investing infrastructure provider, announces a new partnership with Round Treasury, a banking and treasury platform that aims to simplify and help businesses manage their treasury and cash. Managing cash flow remains a challenge for founders, as traditional banking solutions are typically “not… Read More

March 21, 2025 @ 4:01 pm By JD Alois  |  

Global Financial Centres Index (GFCI), published by Z/Yen, was released yesterday, and New York City was in first place, as it has been for many years. London, a global finance hub, was in second place, but it was shown as closing the gap with NYC…. Read More

March 21, 2025 @ 3:46 pm By Omar Faridi  |  

An update from the IMF has examined how artificial intelligence can potentially boost productivity in Latin America. According to a blog post by the IMF, some countries reportedly risk missing out on the full economic benefits of AI, but “more formal jobs and expanded digital… Read More

March 21, 2025 @ 3:45 pm By Omar Faridi  |  

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced it is expanding its credit reporting to Experian to include all of Affirm’s pay-over-time products beginning April 1, 2025. By furnishing information about all of its pay-over-time transactions… Read More

March 21, 2025 @ 1:03 pm By Omar Faridi  |  

Checkout.com, a digital payments company, announced that its Intelligent Acceptance product, an AI-powered engine designed to help enterprise businesses boost their payment performance, generated over “$10 billion in additional merchant revenue.” Powered by over 20 billion data points and insights from Checkout.com’s global network, Intelligent… Read More

March 21, 2025 @ 12:02 pm By Omar Faridi  |  

Canary Capital is advancing the “first” SUI ETF with a newly submitted SEC filing. According to a blog post by the Sui Foundation, the latest development marks significant progress towards “a public SUI ETF, set to expand U.S. institutional access to Sui.” The Sui ecosystem… Read More

March 21, 2025 @ 11:47 am By JD Alois  |  

The US Department of Treasury has announced that it has removed the economic sanctions applied to Tornado Cash, a crypto mixer. Tornado Cash, a decentralized platform, enables users to cloak crypto activity to a certain degree. In 2222, Treasury’s Office of Foreign Assets Control (OFAC)… Read More