May 8, 2025 @ 1:19 am By Omar Faridi  |  

Bitcoin, often referred to as “digital gold” or now even as “digital capital” by Strategy’s Michael Saylor, has continued sparked debate about its role in financial markets. Recent trends, highlighted in an extensive report from Coin Metrics, suggest that Bitcoin (BTC), the flagship cryptocurrency, may… Read More

May 7, 2025 @ 11:19 pm By Omar Faridi  |  

Galileo Financial Technologies, SoFi Technologies, Inc.’s Technology Platform (NASDAQ: SOFI), announced a partnership with Mercantil Banco, S.A. to enable a new phase of digital banking. By leveraging Galileo’s Cyberbank Digital platform, Mercantil Banco will accelerate “product innovation, elevate customer experiences, and introduce a suite of… Read More

May 7, 2025 @ 10:18 pm By Omar Faridi  |  

On May 7, 2025, Ethereum is set to undergo a transformative upgrade known as Pectra, introducing sweeping changes to the Ethereum Virtual Machine (EVM). CertiK explained in a blog post that this milestone follows Binance Smart Chain’s Pascal upgrade on March 30, 2025, which implemented… Read More

May 7, 2025 @ 7:11 pm By Omar Faridi  |  

Prudent AI announced the launch of Prudent AI Upfront, the mortgage industry’s “one-touch” pre-qualification platform that enhances lender sales funnels. This solution empowers lenders to “process more applications, reduce fallout, and capture more business.” Prudent AI Upfront reportedly improves sales funnel efficiency through three transformative… Read More

May 7, 2025 @ 7:10 pm By Omar Faridi  |  

Fintech PhonePe announced the launch of its “next-gen” SmartSpeaker, an upgraded version, designed to meet the evolving business needs of merchants. Built on the foundation of the original SmartSpeaker, the “next-gen version is Made in India.” The latest upgrade reportedly “retains the features of its… Read More

May 7, 2025 @ 7:09 pm By Omar Faridi  |  

Akur8, the pricing and reserving Platform, is pleased to announce a collaboration with Post Telecommunication Joint Stock Insurance Corporation (PTI), a non-life insurer in Vietnam. PTI will leverage Akur8 Pricing platform to “strengthen its actuarial capabilities and deliver both fair and competitive insurance pricing in… Read More

May 7, 2025 @ 7:07 pm By Omar Faridi  |  

Digital banking provider Nubank (NYSE: NU) has recently announced the expansion of a range of benefits that provide certain financial advantages while also enhancing the Nubank+ customers’ experience. Brazil‘s Nubank noted in a blog post that about one year after its launch, a range of… Read More

May 7, 2025 @ 7:06 pm By JD Alois  |  

Loral L. Langemeier and her company Live Out Loud, Inc. have been ordered to pay a penalty and disgorgement following an enforcement action by the Securities and Exchange Commission (SEC). The United States District Court for the District of Nevada has ordered Langemeier to pay… Read More

May 7, 2025 @ 4:57 pm By Omar Faridi  |  

SIFMA and Arteria AI announced a partnership to provide all US Treasury clearing participants a data-driven documentation platform to streamline and scale the onboarding, legal compliance, and operational systems integration with “respect to the mandated central clearing of US Treasury securities repurchase transactions, as required… Read More

May 7, 2025 @ 4:53 pm By Omar Faridi  |  

The Mastercard Center for Inclusive Growth and the Bahrain’s Labour Fund (Tamkeen) announced a partnership to explore the launch of the Mastercard Strive program in the Middle East, aimed at advancing financial and digital readiness for SMEs in Bahrain. This collaboration seeks to empower Bahraini… Read More

May 7, 2025 @ 4:22 pm By JD Alois  |  

The SEC’s Small Business Capital Formation Advisory Committee (SBCFAC) met this week to discuss Regulation A. Regulation A or Reg A+ is a securities exemption that received an update under the JOBS Act of 2012 – the legislation that legalized online capital formation (investment crowdfunding). Prior to the JOBS… Read More

May 7, 2025 @ 2:12 pm By JD Alois  |  

The US Federal Reserve’s Federal Open Market Committee (FOMC) held rates steady today, as expected by the markets. The target range for the federal funds rate will remain at 4-1/4% to 4-1/2 %. The vote was unanimous in keeping rates the same. The Fed noted that the unemployment… Read More

May 7, 2025 @ 11:03 am By Omar Faridi  |  

Tether, which claims to be the largest company in the digital assets industry today, announced it has created a native deployment of Tether’s USD₮ on the Kaia blockchain. LINE NEXT Corp., LINE’s venture dedicated to developing and expanding the Web3 ecosystem, and Kaia, a public… Read More

May 7, 2025 @ 10:52 am By Omar Faridi  |  

In a space plagued by wallet drainers, phishing kits, and seed phrase scams, Vultisig enters with a simple proposition: What if seed phrases themselves are the problem? Vultisig isn’t a browser extension. It’s not a hardware device. It’s a cryptographic vault system built around threshold… Read More

May 7, 2025 @ 10:47 am By Omar Faridi  |  

eToro Group Ltd announced that it has launched the roadshow for its initial public offering (IPO) of 10,000,000 Class A common shares, 5,000,000 shares of which are being “offered by eToro and 5,000,000 shares of which are being offered by certain existing stockholders.” eToro expects… Read More

May 7, 2025 @ 9:42 am By JD Alois  |  

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses, has been sold for $2.2 billion. The purchaser was a group led by TPG (NASDAQ: TPG), an alternative asset manager with around $250 billion in AUM. Corpay (NYSE:… Read More

May 7, 2025 @ 9:22 am By JD Alois  |  

Galaxy Digital Holdings (TSX:GLXY)  has integrated Zodia Custody, a platform that is back by Standard Chartered and other big banks. The move is described as a strategic  expansion into Europe as it will now be able to provide institutional access to staking. Galaxy is a digital… Read More

May 7, 2025 @ 8:52 am By JD Alois  |  

Payments Fintech TrueLayer is reporting that it has surpassed $10 billion in payments in a single month. The company says this places them on a trajectory to transfer over $100 billion in one year. TrueLayer adds that during the first quarter, it added more than… Read More

May 7, 2025 @ 7:58 am By Omar Faridi  |  

Ant Group, the fintech affiliated with Alibaba Group Holding (NYSE: BABA), is reportedly weighing a significant move to list its international arm, Ant International, on the Hong Kong stock exchange. This development signals a push to unlock value in its global operations, as the company… Read More

May 7, 2025 @ 7:57 am By Omar Faridi  |  

Employer.com has recently announced its strategic acquisition of Fintech startup MainStreet.com for an undisclosed sum. This acquisition marks the latest chapter in Employer.com’s ongoing strategy to bolster its technological capabilities and expand its footprint in the financial technology sector. The deal, finalized recently, underscores the… Read More