March 17, 2025 @ 9:21 am By JD Alois  |  

Klarna, a European Fintech, says it will step in and now offer Walmart (NYSE: WMT) customers its buy now pay later (BNPL) service in partnership with OnePay. OnePay is a consumer Fintech backed by Walmart and Ribbit Capital and already used on the Walmart platform…. Read More

March 17, 2025 @ 9:08 am By Omar Faridi  |  

A survey commissioned by DailyPay and the Bipartisan Policy Center conducted by The Harris Poll among over 1,000 tipped employees (defined as those who work in the service industry and earn tips for their job) reveals that a “significant majority of tipped employees (85%) are… Read More

March 17, 2025 @ 8:57 am By Omar Faridi  |  

The cryptocurrency market saw unprecedented activity in 2024, with perpetual futures contracts—commonly known as crypto perpetuals—taking center stage, according to a new report from CoinGecko. CoinGecko explained in the research report that unlike traditional futures, which have fixed expiration dates, perpetuals allow traders to hold… Read More

March 17, 2025 @ 8:55 am By Omar Faridi  |  

Capitala Group, a private markets investment firm providing capital solutions to lower middle-market companies, is pleased to announce that its latest fundraise was “oversubscribed with over $1.0 billion in commitments, including leverage, and separately managed accounts.” Capitala invests both debt and equity capital “into small… Read More

March 17, 2025 @ 8:52 am By Tony Zerucha  |  

Recent cryptocurrency-related moves from Washington generated mixed reactions from industry insiders. Some moves were more important than the markets may think, while others lacked substance. SPACE ID director of business development Harrison Seletsky said that despite the market’s tepid reaction to the crypto reserve announcement,… Read More

March 17, 2025 @ 8:46 am By Omar Faridi  |  

Pakistan has taken a significant step toward modernizing its digital payment landscape with the recent introduction of Google Wallet, a move announced in March 2025. This development, coupled with emerging crypto-related initiatives, signals the country’s intent to align with global technological trends. However, despite these… Read More

March 17, 2025 @ 8:00 am By Omar Faridi  |  

Digital bank Revolut is focused on its ongoing transformation into a fully-fledged bank with several key strategic developments in 2025. Revolut recently announced a hiring spree in the United Kingdom, reportedly adding hundreds of staff to prepare for the “mobilization” phase of its UK banking… Read More

March 17, 2025 @ 7:58 am By Omar Faridi  |  

Lunar, the Nordic challenger bank, is reportedly expanding its offering with Lunar Youth, a banking app for younger consumers aged 7-17. This launch strengthens Lunar’s aim to become a full-service bank in the Nordics, providing “a seamless financial experience for families to engage with money… Read More

March 17, 2025 @ 7:56 am By Omar Faridi  |  

Marygold & Co., a money management app, has launched, simplifying personal finance and money management. The app aims to overhaul the UK‘s outdated banking system, characterized by a failure to understand how “intertwined our finances are with our day-to-day lives.” To achieve this, Marygold is… Read More

March 16, 2025 @ 11:59 pm By Michael Wong  |  

Global Client Advisory Group (GCAG) announced that its affiliate, Renatus Tactical Acquisition Corp I (RTAC-I), has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), seeking to raise $175 million. RTAC-I, a newly formed special purpose acquisition company (SPAC),… Read More

March 16, 2025 @ 10:05 pm By Michael Wong  |  

Baidu Inc launched its latest artificial intelligence models, ERNIE 4.5 and ERNIE X1, making them freely accessible to individual users ahead of schedule as part of its broader push to expand AI adoption. ERNIE 4.5, Baidu’s latest foundation model, features multimodal capabilities with improved language… Read More

March 16, 2025 @ 7:34 pm By Omar Faridi  |  

Rapyd, a global Fintech-as-a-Service provider, has completed the acquisition of PayU Global Payment Organization (GPO). This latest milestone is said to mark an important step in Rapyd’s ongoing expansion, “strengthening its position in key global markets.” This expansion increases Rapyd’s ability to offer card acquiring… Read More

March 16, 2025 @ 6:31 pm By Omar Faridi  |  

Capco, the global management and technology consultancy, announced a collaboration with OpenAI, the maker of ChatGPT and frontier AI models such as GPT-4o, GPT-4.5, OpenAI o1 and o3 mini, to accelerate AI’s transformative impact at the world’s financial institutions. This collaboration combines OpenAI’s innovations with… Read More

March 16, 2025 @ 6:06 pm By Omar Faridi  |  

Bilt Rewards, the payments and commerce platform transforming the $2.1 trillion housing payments market, announced the acquisition of Banyan, the platform for item-level receipt data. This acquisition—Bilt’s first— expands Bilt’s ability to create innovative, frictionless experiences that drive “neighborhood commerce and deliver  value to residents… Read More

March 16, 2025 @ 5:27 pm By Omar Faridi  |  

The global financial ecosystem is undergoing a significant shift as digital payments continue to gain momentum, reshaping how individuals and businesses transact worldwide. This, according to multiple reports covering the latest developments in the Fintech and payments sector. Recent reports underscore this transformative trend, projecting… Read More

March 16, 2025 @ 5:24 pm By Omar Faridi  |  

Hong Kong is reportedly solidifying its position as a fintech hub in Asia, with its ecosystem experiencing remarkable growth and innovation. According to the Hong Kong Fintech Ecosystem Report released by InvestHK, the city anticipates a robust future driven by blockchain, digital assets, distributed ledger… Read More

March 16, 2025 @ 5:23 pm By Omar Faridi  |  

Shape Technologies, the payments-platform-as-a-service provider, and PXP, a technology platform, are pleased to announce their collaboration designed to transform the way that ISOs, ISVs, and Payment Facilitators go to market. The partnership is designed to address the challenges faced by ISOs, ISVs, and Payfacs, delivering… Read More

March 16, 2025 @ 5:20 pm By Omar Faridi  |  

Sezzle Inc. (NASDAQ:SEZL), a Buy Now, Pay Later (BNPL) solution, is rolling out a suite of features to make digital commerce and shopping more intuitive and accessible. With the Sezzle app, consumers are reportedly able to shop anywhere, compare prices accurately, and find various deals… Read More

March 16, 2025 @ 5:20 pm By Omar Faridi  |  

REX Shares, a firm focused on exchange-traded products, announces the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ: BMAX), a fund that provides exposure to convertible bonds issued by companies actively incorporating Bitcoin into their corporate treasury. In a strategy adopted by… Read More

March 16, 2025 @ 5:10 pm By Michael Wong  |  

Securitize announced that the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has surpassed $1 billion in assets under management (AUM), marking a key milestone in the development of tokenized finance. BUIDL, BlackRock’s first tokenized fund on a public blockchain, launched in March 2024 and provides… Read More