February 12, 2025 @ 8:37 am By Omar Faridi  |  

ETFbook, a data and analytics platform specializing in the ETF market, announced the closing of a €4 million Series A round led by BlackFin Capital Partners. ETFbook provides a data and analytics platform accessible through a web application and APIs. Based in Zurich with a… Read More

February 12, 2025 @ 8:33 am By Omar Faridi  |  

Bitpanda has reached another regulatory milestone, securing approval from the UK’s Financial Conduct Authority (FCA) to operate in the United Kingdom. Bitpanda is a top Fintech success story emerging from Austria. Alongside the MiCAR license, this means that Bitpanda will aim to cement its position… Read More

February 11, 2025 @ 11:22 pm By Omar Faridi  |  

A recent survey of German companies operating in Central and Eastern Europe (CEE) reveals that the region is expected to become increasingly important as a market and investment location. More than half of the companies surveyed (55%) anticipate that the economic relevance of the region… Read More

February 11, 2025 @ 11:19 pm By Omar Faridi  |  

Temenos AG (SIX: TEMN), the banking software company, announces it has signed an agreement to sell Multifonds, its fund administration software business, to Montagu Private Equity, a European private equity firm, for a total Enterprise Value of about USD 400 million including an earnout. The… Read More

February 11, 2025 @ 10:21 pm By Omar Faridi  |  

Gemini, the cryptocurrency exchange led by Cameron and Tyler Winklevoss, is considering an initial public offering (IPO) as early as this year, according to sources familiar with the situation. As reported by Bloomberg, the company is currently in talks with potential advisors, although no final… Read More

February 11, 2025 @ 9:19 pm By Omar Faridi  |  

Abu Dhabi Islamic Bank (ADIB) has completed its migration to cloud-native architecture using ZERO footprint topology, becoming the first Islamic bank globally to do so. Additionally, ADIB is reportedly the first bank in the UAE / GCC region to implement Swift’s Alliance Cloud platform. This… Read More

February 11, 2025 @ 9:18 pm By Omar Faridi  |  

Copenhagen-based Fintech startup ReBloom has secured a €400k pre-Seed round to fuel its growth, just three months after its founding. The company aims to democratize access to unlisted stocks through its AI-driven platform, enabling investors to trade shares in private companies like SpaceX, Revolut, and… Read More

February 11, 2025 @ 9:17 pm By Omar Faridi  |  

Tabby, a UAE-based buy now, pay later (BNPL) player, has reportedly hired banks to prepare for an eventual initial public offering (IPO). The company is said to be in talks with HSBC, JPMorgan, and Morgan Stanley for a public offering in Saudi Arabia, potentially in… Read More

February 11, 2025 @ 9:16 pm By Omar Faridi  |  

finova, a UK-based cloud-based mortgage and savings software provider, has announced the launch of its new mobile-first onboarding app for savers. The app expands finova’s suite of products available for lenders and savings providers. The native app aims to simplify the savings onboarding journey, addressing… Read More

February 11, 2025 @ 9:15 pm By Omar Faridi  |  

Validus Risk Management, a software and tech-enabled services platform for financial risk management, announced that it has secured a $45 million growth equity investment from FTV Capital, a sector-focused growth equity firm. The minority investment will enable Validus to accelerate its go-to-market efforts, expand into… Read More

February 11, 2025 @ 9:14 pm By Omar Faridi  |  

Kroll, the provider of global financial and risk advisory solutions, announced the addition of Morningstar Leveraged Loan Index data and PitchBook LCD data and analytics to the Kroll Private Capital Markets Platform. These additions to the Platform equip asset managers and private credit clients with… Read More

February 11, 2025 @ 9:12 pm By Omar Faridi  |  

Payd, a Malaysian fintech specializing in Earned Wage Access (EWA) solutions, has reportedly raised a $400,000 seed extension round from A2D Ventures, Orbit Startups, and AngelSpark. This investment will now aim to accelerate Payd’s mission to enhance the financial well-being of employees across Southeast Asia…. Read More

February 11, 2025 @ 9:11 pm By Omar Faridi  |  

Rho Labs, the developer of Rho Protocol, the crypto-native rates exchange, announces that it has secured $4M in seed funding to “expand the capabilities of its platform.” Rho enables interest rates trading for a wide range of crypto-native and professional investors. With a total value… Read More

February 11, 2025 @ 4:34 pm By JD Alois  |  

KingsCrowd, a prominent data and service provider for the securities crowdfunding sector, has filed a Form C with the Securities and Exchange Commission, indicating its intent to raise money on StartEngine. According to the Offering Memorandum, KingsCrowd is seeking a minimum amount of $10,000 and… Read More

February 11, 2025 @ 3:53 pm By JD Alois  |  

The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While typically targeting the Fed’s dual mandate of pursuing full employment and low inflation, the hearing provides an opportunity for the Members to query the Chair on other… Read More

February 11, 2025 @ 3:28 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) says it will hold a digital assets forum which will engage with some top digital asset firms. The CFTC in a release said that Ripple, Crypto.com, MoonPay, Coinbase and Circle have all committed to participate in the event. Final… Read More

February 11, 2025 @ 3:17 pm By Tony Zerucha  |  

Brightwave, an AI-powered research and diligence platform for financial professionals, today announced a partnership with Quartr, a provider of earnings call data and investor relations materials. The integration enables investment teams to rapidly analyze public market data alongside private deal documents, helping them make faster,… Read More

February 11, 2025 @ 3:15 pm By Omar Faridi  |  

The cleversoft group has reportedly completed its acquisition of Fineksus, which is the provider of financial messaging and anti-money laundering (AML) solutions in Turkey and the Middle East, after having received all the necessary regulatory approvals. The combination of both firms brings together cleversoft’s regulatory… Read More

February 11, 2025 @ 12:30 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced a change regarding rules enacted by the Commission during the Biden Administration that sought to target climate disclosure for reporting firms. As part of the controversial ESG initiatives launched by the previous Chairman of the SEC, Gary… Read More

February 11, 2025 @ 12:03 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) has launched options trading in the UK. Jordan Sinclair, President of Robinhood UK, said that options trading in the UK has been historically difficult due to high fees and complicated platforms. Their service is said to be both affordable and accessible for their… Read More