January 27, 2025 @ 9:04 pm By Omar Faridi  |  

Paytm, a digital payments company in India, is gearing up for a potential revival of its banking arm, Paytm Payments Bank. The unit faced a significant setback last year when the Reserve Bank of India (RBI) effectively suspended its operations due to regulatory concerns. Now,… Read More

January 27, 2025 @ 8:49 pm By Omar Faridi  |  

U.S.-based fintech firm Broadridge Financial (NYSE: BR) is bolstering its presence in India by expanding its tech staff by 26% to 6,800 people over the next three years. This strategic move is aimed at tapping into the vast Indian market, where the company plans to… Read More

January 27, 2025 @ 5:57 pm By Omar Faridi  |  

Ohio is taking a significant step towards embracing digital assets, with a new strategic crypto reserve bill (House Bill No. 18) that’s gained praise from former presidential candidate Vivek Ramaswamy. The bill, which has reportedly been introduced by State Representative Steve Demetriou, would allow the… Read More

January 27, 2025 @ 5:53 pm By Omar Faridi  |  

Russia’s largest power grid operator, Rosseti, is venturing into Bitcoin (BTC) and crypto mining by leveraging its underutilized power centers. The state-owned energy provider aims to become a key coordinator for mining infrastructure deployment across the country, as reported by TASS. Rosseti sees crypto mining… Read More

January 27, 2025 @ 5:41 pm By JD Alois  |  

There have been many reports of “Debanking” taking place during the Biden Administration. At times, these reports focused on crypto-related firms that saw their accounts closed by banks – typically with little notice. There have also been reports of Debanking taking place for political reasons…. Read More

January 27, 2025 @ 4:08 pm By Tony Zerucha  |  

Donald Trump’s inauguration has generated speculation on a range of financial issues. Continue reading for a selection of industry commentary. Cryptocurrency “The most important development will be the legal certainty that comes from a more friendly US regulatory regime. We are now likely to see… Read More

January 27, 2025 @ 4:05 pm By Omar Faridi  |  

Jupiter, a Solana-based decentralized exchange aggregator, has made a significant move by acquiring a majority stake in Moonshot, an app that enables users to purchase memecoins using Apple Pay. This acquisition is a strategic step for Jupiter as it expands its ecosystem to cater to… Read More

January 27, 2025 @ 1:19 pm By JD Alois  |  

ICAN, or Investors Choice Advocates Network, is a non-profit that advocates on behalf of underserved investors and those individuals deemed to be unfairly targeted by the Securities and Exchange Commission. ICAN supports investors’ rights, which sometimes suffer from too much government and too little freedom…. Read More

January 27, 2025 @ 12:41 pm By JD Alois  |  

The new T3 Financial Crime Unit, or T3 FCU, says it has worked with the Spanish Guardia Civil to help freeze $26.4 million in funds from a money laundering ploy. T3 FCU was created by Tether, Tron, and TRM Labs to pursue crypto crimes. The money laundering… Read More

January 27, 2025 @ 12:21 pm By JD Alois  |  

Molten Ventures has participated in the funding of Sightline, which is described as an AI-powered “market intelligence platform powering the transition economy” or energy and climate mitigation. The $5.5 million seed round was co-led by Molten and Westly Group. Existing investors, including AccelR8, Red Sea… Read More

January 27, 2025 @ 12:08 pm By Omar Faridi  |  

YZi Labs, formerly known as Binance Labs, has unveiled its rebranding, marking a significant expansion of its investment focus beyond crypto and blockchain to include Artificial Intelligence (AI) and biotechnology (biotech). Bianance describes the change as a natural progression as it has operated independently while… Read More

January 27, 2025 @ 12:03 pm By JD Alois  |  

Fintechs Tink, Adyen, and Recharge have announced a Pay by Bank service for the German market. Tink, founded in Sweden, is an open banking platform and part of Visa. Adyen (ADYEN:AMS) and Recharge are in the payments sector. Pay by Bank is when users transfer money… Read More

January 27, 2025 @ 11:57 am By Omar Faridi  |  

BitStock, an Israeli fintech startup, has successfully secured an additional $400,000 in funding, bringing its total investment to $1 million. This fresh capital injection will be allocated towards enhancing marketing efforts, driving sales, advancing research and development, and bolstering operational activities. Founded in 2024, BitStock… Read More

January 27, 2025 @ 10:20 am By JD Alois  |  

DeepSeek is cratering markets this morning as the alternative to ChatGPT, Grok, Gemini, etc.; it is said to provide better results, use fewer resources, and is (for the moment) open source and free for light usage and prices modest for more resource intense requests. Nvidia… Read More

January 27, 2025 @ 9:41 am By JD Alois  |  

Tokenization enabler Tokeny says it has formed a partnership with ONYZE, a Spain-based Fintech that offers a white-label digital wallet that is regulated. Founded in 2019, ONYZE provides enterprise-level infrastructure for trading digital assets such as crypto, tokenized assets, NFTs, and digital currencies. ONYZE claims… Read More

January 27, 2025 @ 8:44 am By Omar Faridi  |  

HSBC has announced plans to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify international banking for UK residents, offered a multi-currency app and debit card. Users could hold and transact in over… Read More

January 27, 2025 @ 7:57 am By Omar Faridi  |  

Elon Musk, the newly appointed leader of the Department of Government Efficiency (DOGE), is reportedly exploring the potential use of blockchain technology to improve government efficiency and significantly reduce spending. According to Bloomberg, which cited sources familiar with the matter, Musk has discussed with close… Read More

January 27, 2025 @ 7:53 am By Omar Faridi  |  

Insurtech Jove is now offering Business Liability Insurance specifically designed to cater to small businesses across Europe. Targeting businesses with fewer than 20 employees, Jove’s new insurance aims to provide coverage across various, including creative sectors, media, engineering, and consultancy. This solution is available in all… Read More

January 27, 2025 @ 7:50 am By Omar Faridi  |  

Adclear, a Regtech startup dedicated to transforming compliance processes for fast-growing fintech companies, has raised £510,000 in pre-seed funding. Investors Haatch, Force Over Mass, and Founders Capital have backed the venture to support Adclear’s mission of automating financial services marketing compliance. The company addresses the… Read More

January 26, 2025 @ 11:18 pm By Omar Faridi  |  

Barclays has announced the closure of its fintech accelerator program, Rise, by mid-2025, leaving the New York fintech ecosystem grappling with the loss of what many consider a cornerstone of the community. The decision has sparked significant concern among founders, venture capitalists, and industry leaders… Read More