February 18, 2025 @ 3:18 pm By Omar Faridi  |  

Checkout.com, a global digital payments company, announces its partnership with Vinted, Europe’s online marketplace for second-hand fashion. With members across 20+ countries, Vinted is enhancing the second-hand fashion industry by “empowering individuals to buy and sell pre-loved items with ease through its digital platform.” Through… Read More

February 18, 2025 @ 3:12 pm By JD Alois  |  

Coinshares (CNSRF) reported a net profit for Q4 2024 of £31.9 million. Total assets under management were £5.495 at the end of the quarter. Net profit for the full year ending in December was £104,374,023. Coinshares said that Q4 2024 marks one of its strongest… Read More

February 18, 2025 @ 12:31 pm By Omar Faridi  |  

Qme, a B2B SaaS startup based in Egypt, has reportedly acquired $3 million in a seed funding round that was led by AHOY, a multisector tech company, along with angel investors from the GCC. Qme is an AI-enhanced platform addressing a key issue in MENA,… Read More

February 18, 2025 @ 12:27 pm By JD Alois  |  

Crypto Exchange HTX says it has topped 50 million users on its platform. Formerly doing business as Huobi, HTX has approval to operate in several different jurisdictions, according to their website, including: Lithuania: Digital wallet and virtual currency exchange operator Dubai: Initial approval of a… Read More

February 18, 2025 @ 9:08 am By Tony Zerucha  |  

A new survey shows nearly half of all financial services executives struggle with managing credit risk and detecting and preventing fraud. It also suggests many are revamping their credit risk decisioning and fraud prevention strategies in 2025, with AI playing a prominent role. These are… Read More

February 18, 2025 @ 8:09 am By Omar Faridi  |  

Surecomp announced the acquisition of ELCY Ltd, a UK-based digital trade finance solution provider. This move reinforces Surecomp’s commitment to “driving digital trade finance transformation through innovation and collaboration.” The ELCY multi-bank solution, elcyMBP, will reportedly become “a module on Surecomp’s RIVO platform, creating a… Read More

February 18, 2025 @ 8:07 am By Tony Zerucha  |  

Last week, Signifyd, a provider of fraud and abuse prevention services, announced a partnership with Swap, an e-commerce operating system that consolidates global operations within one platform for e-commerce brands. By integrating Signifyd’s Commerce Protection Platform with Swap Global, merchants can scale internationally while benefiting… Read More

February 18, 2025 @ 8:01 am By Omar Faridi  |  

Global venture capital firm Antler has closed its second Nordic-focused fund, which is valued at roughly €100 million at the final closing. The fund will invest in early-stage tech companies across the Nordics with a significant “focus on Finland.” Enni Rautio, Interim Director of Tesi’s… Read More

February 18, 2025 @ 8:00 am By Omar Faridi  |  

Eurobank S.A., a subsidiary of Eurobank Holdings, a banking group in Athens, Greece and LTIMindtree, a technology consulting and digital solutions company, joined forces to initiate cooperation focused on enhancing customer experience by improving banking operations and “building innovative IT services for Eurobank and its… Read More

February 18, 2025 @ 7:57 am By Omar Faridi  |  

Market Pay Group announced the signing of an agreement to acquire Altapay, a payment service provider (PSP) headquartered in Copenhagen, Denmark. Altapay, which serves over 400 merchants, has developed “expertise in managing online transactions.” With a portfolio of local and international payment methods, as well… Read More

February 18, 2025 @ 7:56 am By Omar Faridi  |  

ShopMate is pleased to announce its partnership with DNA Payments, a leading provider of advanced payment solutions. Through this partnership, ShopMate is enhancing its support for retailers by integrating an “efficient payment solution into its EPOS system, ShopMate Pay.” ShopMate Pay will be available to… Read More

February 17, 2025 @ 5:02 pm By JD Alois  |  

Varo Money, a federally chartered digital bank, is raising growth capital. According to a Form D filed with the Securities and Exchange Commission, Varo is seeking $55 million. As of the date of the filing, Varo has raised almost $29 million with around $26 million… Read More

February 17, 2025 @ 4:47 pm By Omar Faridi  |  

Bullish, one of the regulated digital asset exchanges, announced it has integrated with algorithmic crypto trading execution tool provider Anboto Labs, to enhance the trading experience for institutional investors. Mutual customers can now leverage Anboto Labs’ Order Execution Management System (OEMS), a “suite of advanced… Read More

February 17, 2025 @ 4:43 pm By JD Alois  |  

The French crowdfunding market experienced a significant decline in 2024, dropping by 17.1% compared to results generated in 2023. In total, €1.7 billion was raised, according to a report published by France Fintech in collaboration with Forvis Mazars. The peak amount of funds raised for… Read More

February 17, 2025 @ 11:09 am By Omar Faridi  |  

QuEra Computing, the firm focused on neutral-atom quantum computing,  announced it has completed a financing of more than $230 million. The funds will be used to accelerate the development and production of large-scale, fault-tolerant quantum computers, “reinforcing the company’s position at the forefront of quantum… Read More

February 17, 2025 @ 11:08 am By Omar Faridi  |  

Plasma, a “purpose-built” blockchain for stablecoin payments, announced it has secured $24 million in funding. Plasma has raised $20 million in a Series A led by Framework Ventures, a  crypto-native venture capital firm “known for its early entrance in the DeFi, AI, and DePIN spaces.”… Read More

February 17, 2025 @ 11:07 am By Tony Zerucha  |  

40Seas, an accounts receivable management platform for SMEs, has launched its Trade Insurance Management solution for SMEs. The platform enables live coverage tracking and digital policy compliance for global SMEs and supports coverage from insurers such as Allianz Trade, Atradius, Coface and AIG. Companies, especially SMEs,… Read More

February 17, 2025 @ 11:05 am By Omar Faridi  |  

R.J. O’Brien & Associates (RJO), the futures brokerage and clearing firm in the United States, and Phlo Systems, a provider of digital solutions for commodity trading, trade finance and international trade compliance, announced that the firms have entered into a tech partnership, which includes an… Read More

February 17, 2025 @ 11:03 am By JD Alois  |  

The Securities and Exchange Commission has posted a request for candidates interested in serving on the SEC’s Investor Advisory Committee (IAC). The IAC was the creation of the Dodd-Frank Act and aims to support individual investors by providing guidance to the Commission. In the posting,… Read More

February 17, 2025 @ 10:38 am By JD Alois  |  

Climate rules, approved by the Securities and Exchange Commission, have been put on pause by the new leadership at the SEC. Former Chairman Gary Gensler has been replaced by more business and investor-friendly Acting Chair Mark Uyeda, who has moved quickly to address the shortcomings… Read More