February 4, 2025 @ 10:13 pm By Omar Faridi  |  

Fuel Ventures, a UK venture capital firm, announced its investment of £2 million in Prosper, a wealth management platform targeting high net worth individuals that is shaking up the way wealth is managed by unlocking access to private markets and leveraging AI. The investment round… Read More

February 4, 2025 @ 5:46 pm By JD Alois  |  

Newly appointed Crypto and AI Czar David Sacks held a press conference today as part of the week one objectives of President Donald Trump. Sacks took to the podium and lambasted the last four years of persecution and prosecution under the Biden Administration, which included… Read More

February 4, 2025 @ 5:22 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management, and prime services has integrated the Lido protocol, a liquid-staking middleware for Ethereum. Building on Copper’s stETH custody capabilities, this integration enhances Copper’s offering by enabling clients to “stake Ether (ETH) and receive stETH directly… Read More

February 4, 2025 @ 5:13 pm By Omar Faridi  |  

As the threat of fraud rises with the increasing use of generative AI, traditional methods of verifying consumer information have become inadequate according to an update from Nova Credit. A study projects AI-driven fraud losses could reach “$40 billion by 2027, highlighting the urgent need… Read More

February 4, 2025 @ 12:57 pm By Omar Faridi  |  

The partnership between Binance Pay and xMoney, a Web3 payment provider in Europe, highlights the growing significance of web3 technologies in streamlining payments. xMoney operates within a “regulated” framework, complying with the EU’s MiCA regulations. With this partnership, Binance Pay’s merchant network has “grown to… Read More

February 4, 2025 @ 12:52 pm By JD Alois  |  

This week, Rohit Chopra was booted from the Consumer Financial Protection Bureau (CFPB) and replaced by acting CFPB Director, Secretary of the Treasury Scott Bessent.  The CFPB has been a controversial bureaucracy from its inception, and some supporters of Fintech innovation have chafed at the… Read More

February 4, 2025 @ 12:20 pm By JD Alois  |  

VC firm General Catalyst has launched a new registered investment advisor, GC Wealth, according to a blog post. General Catalyst currently reports over $32 billion in assets under management and 800+ portfolio firms. A diversified investor, General Catalyst invests in Fintech, AI, and more. GC… Read More

February 4, 2025 @ 10:43 am By Omar Faridi  |  

Solaris SE, Europe’s embedded finance platform, announced the securing of its Series G funding round. This, after facing significant operational challenges during the past year. The investment round with a total volume of €140 million was led by SBI Group and Boerse Stuttgart Group, with… Read More

February 4, 2025 @ 9:59 am By JD Alois  |  

A growing number of firms are choosing to incorporate or move their state of incorporation to other states besides Delaware, at least if you believe comments on social media. It appears that Nevada and Texas are on the rise as Delaware has lost some of… Read More

February 4, 2025 @ 8:15 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) announced that it has obtained VASP registration in the United Kingdom issued by the Financial Conduct Authority (FCA). Obtaining VASP registration in the UK is a crucial step for cryptocurrency businesses, as it allows them to operate legally and offer services to customers…. Read More

February 4, 2025 @ 8:13 am By Omar Faridi  |  

Bank payments Fintech GoCardless has released its UK Companies House filing for fiscal year 2024, indicating growth in various markets including North America. GoCardless, which claims it managed to lower losses after a 20% reduction in company staff, says it has now shifted some employees… Read More

February 4, 2025 @ 7:59 am By Omar Faridi  |  

Total private equity investment activity in the UK rose by 4.4% in 2024, with deal values increasing to their “highest level for two years,” according to the  UK Private Equity Review from KPMG UK. This increase was as a result of a more “stable economic… Read More

February 4, 2025 @ 1:29 am By Omar Faridi  |  

Preqin, the global firm focused on alternatives data and key industry insights, released its Venture Capital Q4 2024 (the Preqin Quarterly Update report). The research report highlights that global venture capital deal value was “up 61% quarter-on-quarter in Q4 2024, to $87.4bn from $54.2bn in… Read More

February 4, 2025 @ 12:24 am By Omar Faridi  |  

Experian released its Future of Fraud Forecast, revealing emerging fraud threats that could challenge businesses and consumers in 2025. This year’s predictions show that fraudsters will “continue to double down on the digital landscape and leverage Generative AI (GenAI) to commit sophisticated crimes at a… Read More

February 3, 2025 @ 11:18 pm By Omar Faridi  |  

The European Investment Bank (EIB) Group signed €89 billion in new financing last year. The Group made more investments to strengthen EU energy security, mobilizing over “€100 billion for projects in new and upgraded infrastructure such as grids and interconnectors, renewables, net-zero industries, efficiency and storage.”… Read More

February 3, 2025 @ 11:16 pm By Omar Faridi  |  

Bitcoin Suisse has entered into a partnership with Chronicle Labs and announces the support of the Chronicle Protocol as a validator node operator. This latest partnership announcement highlights Bitcoin Suisse’s dedication to fostering infrastructure in the blockchain space, “enabling growth and innovation in the cryptocurrency… Read More

February 3, 2025 @ 9:15 pm By Omar Faridi  |  

Bitfarms Ltd. (NASDAQ: BITF), a Bitcoin and vertically integrated data center company, announced it has engaged two consultants in HPC strategy and artificial intelligence (AI), Appleby Strategy Group (ASG) and World Wide Technology (WWT), to conduct a feasibility analysis on all its North American sites… Read More

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

Customers engaging in e-commerce activities via Amazon.com.au can now use ‘PayTo’ to make a purchase directly from their bank account in a secure way, removing the need to provide sensitive payment card details. The PayTo payment option gives Amazon.com.au customers visibility and control over their… Read More

February 3, 2025 @ 9:10 pm By Omar Faridi  |  

At Anzen, they claim to be committed to building a stable, yield-bearing portfolio that remains “resilient” across market cycles. They are pleased to announce a step forward in that mission: the expansion of USDz’s collateral framework to include “institutional-grade” fund products from Superstate. This integration… Read More

February 3, 2025 @ 9:08 pm By Omar Faridi  |  

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), announced the launch of the Finacle Asset Liability Management Solution – a liquidity and interest rate risk management solution that provides banks with an “enterprise-wide view of all on-and-off balance sheet exposures.”… Read More