February 10, 2025 @ 8:39 am By Omar Faridi  |  

Fold, a Bitcoin rewards card provider, announced an expansion of its collaboration with Visa (NYSE: V) to bring innovative Bitcoin rewards card programs to the market. This expanded agreement encompasses Fold’s flagship debit card program and upcoming credit card products, leveraging Visa’s shared services and incentives to… Read More

February 10, 2025 @ 6:10 am By Omar Faridi  |  

Monite, a provider of API-first embedded workflows, has launched its iFrame solution, designed to enable small to medium-sized business (SMB) platforms to integrate core financial features within a short timeframe. This solution aims to bypass lengthy development cycles, allowing SMB providers to deliver financial functionalities… Read More

February 10, 2025 @ 5:58 am By Omar Faridi  |  

Cytora has announced the latest version of its digital risk processing platform, Cytora Platform 3.0. This updated version enhances the platform’s capabilities by utilizing agentic AI in a fully explainable manner. Agentic AI orchestrates teams of digitization agents that think, work, and explain like humans… Read More

February 9, 2025 @ 11:15 pm By Michael Wong  |  

Tuma Ventures Limited, a UK-based payments company regulated by the Financial Conduct Authority (FCA), has received approval from the Bank of Tanzania to operate as a licensed Payment System Provider (PSP). With the PSP licence, Tuma Ventures will offer a range of financial services in… Read More

February 9, 2025 @ 8:18 pm By Omar Faridi  |  

TS Imagine, the cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, is announcing that Y-Intercept has chosen RiskSmart +, an integrated solution for risk and portfolio management, to support the firm’s growth. Y-Intercept, a Hong Kong-based quantitative investment firm specializing in… Read More

February 9, 2025 @ 3:13 pm By Omar Faridi  |  

FICO (NYSE: FICO), global analytics software provider, released key guidance and takeaways from a study that has recently analyzed the impact of including ‘Buy Now, Pay Later’ (BNPL) loans in a consumer’s FICO Score. FICO conducted the 12-month study in partnership with Affirm (NASDAQ: AFRM),… Read More

February 9, 2025 @ 3:11 pm By Omar Faridi  |  

In the fourth quarter of 2024, crypto venture funding experienced a modest rebound from the preceding quarter, with deal value increasing by 13.6% quarter-over-quarter (QoQ) to $2.5 billion. This, according to a report from the researchers at PitchBook. However, the total number of crypto venture… Read More

February 9, 2025 @ 2:59 pm By Omar Faridi  |  

Juniper Research says that it defines a QR code payment as a form of contactless payment that allows a transfer to be performed by simply scanning a code. The research report from Juniper Research explained that this definition encompasses both merchant-presented mode (MPM) and consumer-presented… Read More

February 9, 2025 @ 2:53 pm By Omar Faridi  |  

Several venture capital firms in Latin America are reportedly planning to increase their investments in startups offering loans and artificial intelligence products. According to a report from Bloomberg, these efforts are driven by the region’s potential for financial-technology growth. This focus on Fintech lending and… Read More

February 9, 2025 @ 12:09 pm By Michael Wong  |  

According to recent research by UnaFinancial, the total volume of Asian Fintech transactions reached $16.8 trillion in 2024, marking an increase of $2.1 trillion from the previous year. The report noted that Asia accounted for 48.2% of the global fintech volume, which totaled $34.8 trillion… Read More

February 9, 2025 @ 11:50 am By JD Alois  |  

After years of actively undermining digital asset innovation, the Securities and Exchange Commission (SEC) will take steps to recognize and enable new technology that will improve the securities ecosystem and potentially help create new asset classes traded around the world. During the Biden Administration,  the… Read More

February 9, 2025 @ 9:08 am By Omar Faridi  |  

Crypto exchange Coinbase (NASDAQ:COIN) noted that the past year has seen significant growth in the adoption of USDC, a stablecoin that has solidified its position as one of the most widely used digital tokens globally. Coinbase revealed in a blog post that this growth is… Read More

February 9, 2025 @ 9:02 am By Omar Faridi  |  

Payment provider Rapyd is reportedly in discussions to secure $300 million in funding from investors, valuing the company at $3.5 billion. This valuation represents a significant decline from its peak value of around $9 billion in 2021, and a substantial drop from its early 2022… Read More

February 9, 2025 @ 9:00 am By Omar Faridi  |  

This past Friday, the markets experienced a decline of roughly 1%, as measured by the S&P 500. Despite the volatility, Swedish buy now, pay later (BNPL) Fintech Klarna is reportedly preparing for its initial public offering (IPO) on the U.S. markets. According to a report… Read More

February 9, 2025 @ 8:58 am By Omar Faridi  |  

CapitalRise has reported a strong financial performance, achieving growth across all aspects of its business, despite challenging market conditions that led the company to prioritize bridging finance in the first half of the year. The prime property finance platform recorded a trading profit of £105,000… Read More

February 9, 2025 @ 8:57 am By Omar Faridi  |  

tZERO Group Inc., a technology solutions provider for capital markets, announces that its Series-A Preferred Equity Security (TZROP) will be “fully tokenized” in March 2025 and become the “first” digital asset security to be custodied by its Special Purpose Broker-Dealer, tZERO Digital Asset Securities, one… Read More

February 8, 2025 @ 6:37 pm By Omar Faridi  |  

Regtech Sumsub has announced a new partnership with TELUS Digital, a tech company deploying better customer experiences, to provide remote employee verification and onboarding processes for its workforce. Sumsub is providing TELUS Digital with a digital tool stack to be implemented across different phases of… Read More

February 8, 2025 @ 12:52 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has recently unveiled the newest recipients of the Mastercard x Pier Five Small Business Fund. The Fund grants $10,000 CAD to 10 Canadian women small business owners alongside “support to grow and scale their businesses.” Recipients receive a Priceless experience in Toronto… Read More

February 8, 2025 @ 10:49 am By Omar Faridi  |  

A five-count criminal indictment was unsealed in federal court in New York charging a Canadian man with “exploiting vulnerabilities” in decentralized finance protocols to “fraudulently obtain about $65 million from the protocols’ investors.” According to court documents, from 2021 to 2023, Andean Medjedovic, 22, allegedly… Read More

February 8, 2025 @ 9:53 am By Michael Wong  |  

The Bulgarian Stock Exchange (BSE) has unveiled SpaceCrowd, Bulgaria’s first equity crowdfunding platform aimed at helping startups and early-stage businesses raise capital, BSE CEO Manyu Moravenov said. Developed in collaboration with the Central Depository, SpaceCrowd provides a new funding avenue for young companies with growth… Read More