January 24, 2025 @ 1:27 pm By Omar Faridi  |  

Clutch says it is turning credit unions into Fintechs, and with the successful completion of a Series B funding round, is equipped with $65 million to  transform the way credit unions deliver products and services to the members and communities they serve. The Series B investment… Read More

January 24, 2025 @ 11:12 am By Omar Faridi  |  

Checkout.com, a digital payments company, announces a profitable end to 2024 and 45% YoY net revenue growth in its core business, which serves the commerce and fintech sectors and reportedly accounts for “95% of total volumes.” These milestones underscore the company’s commitment to “delivering the… Read More

January 24, 2025 @ 10:59 am By JD Alois  |  

President Donald Trump sent a memorandum to the incoming Secretary of the Treasury announcing the end of the Global Tax initiative established under the Biden Administration. There are many reasons why the Global Tax was a bad deal to begin with, and Trump’s action is… Read More

January 24, 2025 @ 10:32 am By JD Alois  |  

Representative French Hill, Chairman of the House Financial Services Committee, and Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Chairman Bryan Steil have posted a comment following President Trump signing Executive Orders relating to digital assets and AI. Yesterday, Trump reaffirmed his commitment to supporting… Read More

January 24, 2025 @ 10:08 am By Omar Faridi  |  

Plume Network, the first full-stack L1 RWA Chain for RWAfi (Real World Asset Finance), announced its partnership with Whinfell Partners LLC to introduce a range of “institutional-grade” credit instruments and diversified yield-bearing assets to its ecosystem. Leveraging Plume’s flagship staking protocol Nest, Whinfell will bring… Read More

January 24, 2025 @ 10:04 am By Omar Faridi  |  

Q2 Holdings Inc. (NYSE: QTWO), a provider of digital transformation solutions for financial services, announced a strategic partnership with Alloy, an identity and fraud prevention platform provider, to deliver a joint ongoing fraud monitoring solution for Q2 Digital Banking customers. Powered by Alloy’s centralized identity… Read More

January 24, 2025 @ 9:23 am By JD Alois  |  

Yesterday, President Donald Trump signed an Executive Order supporting digital asset development. The order seeks to ensure US leadership in digital financial technology. A working group will soon be established chaired by the White House AI & Crypto Czar, David Sacks, and include the Secretary of… Read More

January 24, 2025 @ 8:45 am By Omar Faridi  |  

Method Financial, a provider of consumer permissioned financial connectivity, raised $41.5 million in its latest Series B funding round led by Emergence Capital with participation from avra and Samsung Next, and existing investors Andreessen Horowitz, Y-Combinator and Ardent Venture Partners. This fundraise brings the total… Read More

January 24, 2025 @ 7:56 am By Omar Faridi  |  

BX Digital and BX Swiss announced a partnership with Chainlink, the standard for onchain finance, to bring critical pricing data for Swiss-based equities onchain. BX Digital is a sister company of the Swiss exchange BX Swiss – both are part of Boerse Stuttgart Group, the… Read More

January 24, 2025 @ 7:52 am By Omar Faridi  |  

OKX announced that their platform is reportedly the first Virtual Financial Assets (VFA) exchange to secure a Markets in Crypto-Assets Regulation (MiCA) “pre-authorization.” Upon receipt of a full MiCA license, OKX said they will offer “localized” crypto services to over 400 million Europeans via its… Read More

January 24, 2025 @ 7:50 am By Omar Faridi  |  

Trading and investing platform eToro announces a partnership with Stocktwits, which claims to be one of the world’s largest social media platforms for traders & investors. The first phase of the collab reportedly includes Stocktwits adding a ‘trade’ button on their site for “all assets… Read More

January 24, 2025 @ 7:49 am By Omar Faridi  |  

N26 announced free stocks and ETF trading for all customers from 27 January 2025 onwards, enhancing its investment proposition as the “only” financial service provider in Europe to offer trading “without charging fees or commissions.” With this decision, N26 aims to make investing even more… Read More

January 24, 2025 @ 7:48 am By Omar Faridi  |  

A robust spend culture is key to unlocking business potential, with 61% of CFOs highlighting its importance for growth, yet few have struck the “right balance between autonomy and control,” research from Payhawk reveals. The research, conducted by independent research house Coleman Parkes, surveyed 1,000… Read More

January 24, 2025 @ 5:29 am By Omar Faridi  |  

Guggenheim Investments announced the closing of an approximately $400 million vehicle that will invest in Guggenheim’s private debt strategy. The transaction was reportedly led by Allianz Global Investors (AllianzGI). As stated in the announcement, a group of funds managed by StepStone Group (NASDAQ: STEP, ‘StepStone’)… Read More

January 23, 2025 @ 6:28 pm By JD Alois  |  

SEC Staff Accounting Bulletin (SAB) 121 is no more. Today, SAB 122 rescinded the guidance of SAB 121 – the bulletin that “expressed the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.” Effectively, this made… Read More

January 23, 2025 @ 5:33 pm By JD Alois  |  

President Donald Trump signed an Executive Order today that aims to keep the US at the forefront of Artificial Intelligence (AI) development. The EO revokes “certain existing AI policies and directives” that have been deemed to undermine AI innovation. The goal is to clear a… Read More

January 23, 2025 @ 5:26 pm By Omar Faridi  |  

Financial operations platform Ramp introduced Ramp Treasury, which is described as a new solution that radically improves how most businesses store and manage their operating cash. With Ramp Treasury, businesses can store cash in a business account that earns “2.5% or in an investment account… Read More

January 23, 2025 @ 5:25 pm By Omar Faridi  |  

Highnote, a firm specializing in modern card issuance and program management, announced the closing of $90 million in Series B funding and the launch of its acquiring solution. The investment round was reportedly led by Adams Street Partners along with participation from existing investors: Oak… Read More

January 23, 2025 @ 5:19 pm By JD Alois  |  

The Executive Orders keep coming out of the White House. Today, President Donald Trump signed several big ones – including an Executive Order that aims to ensure US leadership in digital financial technology or Fintech, including AI and digital assets. The Order establishes a Presidential… Read More

January 23, 2025 @ 3:22 pm By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML), transaction monitoring and Client Lifecycle Management (CLM), has released its analysis of global financial institution enforcement actions from Jan 1, 2024, to Dec 31, 2024. Fenergo’s report reveals critical insights into the… Read More