April 26, 2025 @ 7:09 am By Omar Faridi  |  

In 2024, Digital bank Revolut cemented its position as a key player in the global neobanking sector, reporting $1.4 billion in pre-tax profit—a 149% surge year-over-year—and revenues of $4 billion, up 72% from 2023. Revolut’s annual report, released on April 24, 2025, highlights steady growth… Read More

April 26, 2025 @ 6:57 am By Omar Faridi  |  

New research reveals that the majority of B2B finance departments are receiving a positive ROI from accounts receivable (AR) software, confirming the transformative potential of AI and automation. The research study, conducted by global research firm Vanson Bourne and commissioned by Billtrust, a B2B order-to-cash… Read More

April 26, 2025 @ 6:35 am By Tony Zerucha  |  

Alternative Payments, a fully-integrated B2B payments and checkout infrastructure provider, has closed on $22 million in total funding, with rounds led by MissionOG and Third Prime, respectively. The investments will advance the company’s mission to digitize and automate B2B payment workflows for industries historically overlooked by fintech… Read More

April 26, 2025 @ 4:34 am By Omar Faridi  |  

DeFi Development Company, recently rebranded from Janover and dubbed the “MSTR of Solana,” has submitted a $1 billion shelf offering to the U.S. Securities and Exchange Commission (SEC), according to a filing disclosed on Friday. This strategic move underscores the company’s growing alignment with the… Read More

April 26, 2025 @ 3:55 am By Omar Faridi  |  

UK’s PensionBee, a firm focused on the consumer retirement market, has issued a statement following the release of the Department for Work and Pensions’ Small Pots Delivery Group’s report, which lays out a clear framework for “consolidating small pension pots.” Lisa Picardo, Chief Business Officer… Read More

April 26, 2025 @ 3:27 am By Omar Faridi  |  

More than half (53%) of the UK’s financial services executives reportedly believe that “negativity about the health of London as a financial center is being overplayed,” as the majority (62%) plan to “increase investment in their London operations over the next five years,” according to… Read More

April 26, 2025 @ 3:24 am By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced significant achievements in handling “unprecedented” market volatility, showcasing the firm’s robust technology infrastructure, resiliency, and risk management capabilities. During the recent market volatility, DTCC reached “new peak… Read More

April 26, 2025 @ 3:20 am By Omar Faridi  |  

In an era where financial connectivity is becoming increasingly important, Plaid is positioning itself as a key player in delivering more reliable, scalable solutions for Open Finance. Through technical innovation, automation, and partnerships, Plaid is  addressing today’s integration challenges and is also focused on laying… Read More

April 26, 2025 @ 3:17 am By Omar Faridi  |  

The payments industry is undergoing a transformative shift, driven by rapid technological advancements and evolving consumer expectations. Juniper Research’s Consumer Payments Tech Horizon 2025 report offers a framework to help stakeholders understand the trajectory of payment technologies. This resource evaluates the maturity and market performance… Read More

April 25, 2025 @ 7:51 pm By Omar Faridi  |  

CBInsights’ AI 100 report examines the world’s high-potential private AI companies, highlighting Fintech as one of the key verticals driving innovation. Selected from over 17,000 companies using proprietary Mosaic Scores, investor quality, market traction, and software buyer interviews, the 100 high-potential firms highlight the transformative… Read More

April 25, 2025 @ 1:52 pm By Omar Faridi  |  

The cryptocurrency market, known for its volatility and complexity, is increasingly intersecting with artificial intelligence (AI). A recent CoinGecko survey provides insights on how crypto industry participants view AI’s potential in trading and investing. The research study from CoinGecko polled 2,632 crypto enthusiasts, revealing a… Read More

April 25, 2025 @ 12:46 pm By Michael Wong  |  

RockawayX, an early investor in Solana, has announced raising $125 million for its second early-stage crypto venture fund, closing the oversubscribed round in the first quarter of 2025. The global digital asset investment firm, which manages about $2 billion in assets, attributed the strong demand… Read More

April 25, 2025 @ 10:07 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced that CoreWeave Inc. has exercised its first option to access additional critical IT load for CoreWeave‘s artificial intelligence (AI) and high-performance computing (HPC) operations at Galaxy’s Helios data center campus in the panhandle region of West Texas, “pursuant… Read More

April 25, 2025 @ 9:39 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to “utilize… Read More

April 25, 2025 @ 9:09 am By Omar Faridi  |  

Bread Financial (NYSE: BFH), a financial services company that provides payment, lending and saving solutions, announced a multi-year agreement with Crypto.com, one of the world’s cryptocurrency exchanges, to launch the Crypto.com credit card program in the US. The Crypto.com Visa signature credit card will reportedly… Read More

April 25, 2025 @ 7:06 am By Omar Faridi  |  

Nu Mexico, a subsidiary of Nubank (NYSE: NU), announced the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to “transform into a bank, opening the path… Read More

April 25, 2025 @ 6:04 am By Omar Faridi  |  

The Federal Reserve Board has recently announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related “changes to its expectations for these activities.” These actions ensure the Board’s expectations remain “aligned with evolving risks and further support innovation… Read More

April 25, 2025 @ 5:37 am By Michael Wong  |  

Binance has launched Fund Accounts, described as a “first-of-its-kind” solution on its digital asset exchange that enables fund managers to pool investor capital into omnibus accounts and streamline trading operations, according to an announcement. Fund Accounts mirror traditional finance account structures, allowing managers to consolidate… Read More

April 25, 2025 @ 4:45 am By Michael Wong  |  

Altruist, a U.S.-based custodian for registered investment advisors, announced that it raised $152 million in a Series F funding round led by Singapore sovereign investor GIC. The round also drew participation from Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth and other… Read More

April 25, 2025 @ 4:37 am By Michael Wong  |  

LenderLink Philippines, a fintech startup building the Philippines’ first high-tech, real-time credit bureau, raised $1.25 million in an oversubscribed pre-seed funding round led by venture firms Iterative and Kaya Founders, the company said. The pre-seed round, the startup’s first external raise since its founding last… Read More