January 31, 2025 @ 7:48 am By Omar Faridi  |  

Formance, an Open Source financial infrastructure provider, announced the close of a $21 million Series A funding round co-led by PayPal Ventures and Portage, with participation from Y Combinator, Hoxton Ventures, and AXC. This latest milestone reportedly comes on the heels of a “10x increase”… Read More

January 31, 2025 @ 7:47 am By Omar Faridi  |  

Tether, which claims to be one of the largest companies in the digital assets industry, announced the integration of USDt into Bitcoin’s ecosystem, including its base layer and the Lightning Network. Supported by a Taproot-powered protocol, Taproot Assets, and developed by Lightning Labs, this integration… Read More

January 30, 2025 @ 9:12 pm By Omar Faridi  |  

Zodia Custody, an institution-first digital asset custodian backed by Standard Chartered, SBI Holdings, Northern Trust, National Australia Bank and Emirates NBD, has integrated Wavebridge’s specialized digital asset service offering to its platform. By connecting to Wavebridge’s regulated and innovative services, clients can explore Wavebridge’s potential… Read More

January 30, 2025 @ 9:08 pm By Omar Faridi  |  

K2 Group Holdings Limited, a division of K2 Insurance Services and a leading specialty insurance and (re)insurance underwriting platform based in London, announces the launch of K2 Credit. This division founded by Benedict Gedye and Josh Madeiros will write comprehensive Non-Payment Insurance “across Single Risk… Read More

January 30, 2025 @ 9:05 pm By Omar Faridi  |  

Arab Financial Services (AFS), a provider of digital payment solutions and a fintech enabler across the MENA region, has announced its expansion into the United Arab Emirates. This  follows the acquisition of a Retail Payment Services License – Category II from the Central Bank of… Read More

January 30, 2025 @ 9:04 pm By Omar Faridi  |  

Archax, the digital asset exchange, broker and custodian, announced plans to expand its custodian and tokenization capabilities to bring traditional equities and government debt on-chain – extending what it has done with other real-world assets (RWAs), such as funds, bonds, carbon credits and uranium. This… Read More

January 30, 2025 @ 5:32 pm By JD Alois  |  

UK-based Fintech Wise (LON: WISE) has been penalized by the Consumer Financial Protection Bureau (CFPB). Wise has been ordered to pay $2.5 million for claims of failing to provide disclosures to consumers. The $2.5 million is split between $450,000 in redress for impacted individuals and… Read More

January 30, 2025 @ 5:19 pm By Omar Faridi  |  

Finout, the FinOps-for-enterprise platform, announced a $40 million Series C funding round led by global software investor Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. This investment reportedly brings Finout’s total funding to $85 million. The company’s platform, which powers… Read More

January 30, 2025 @ 5:18 pm By Omar Faridi  |  

OneVest, a wealth management technology platform, announced the closure of a $20 million Series B equity funding round. The investment round was reportedly led by Salesforce Ventures, with participation from new investors, Allianz Life Ventures and TIAA Ventures. Returning investors include the following: OMERS Ventures,… Read More

January 30, 2025 @ 3:01 pm By JD Alois  |  

The SEC Small Business Capital Formation Advisory Committee (SBCFAC) will meet next month on February 25th. This Committee is tasked with advising the Commission on issues and policies impacting smaller firms while making recommendations on how to improve the ecosystem. Today, the SBCFAC released the… Read More

January 30, 2025 @ 2:45 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, and Robinhood Derivatives, LLC, announced that some of CME Group’s most “popular” futures products have started rolling out on the Robinhood mobile app. Over the coming weeks, eligible Robinhood (NASDAQ:HOOD) customers in the U.S. will have access to futures products… Read More

January 30, 2025 @ 1:58 pm By JD Alois  |  

Several years back, the European Union approved the European Crowdfunding Service Providers Regulation (ECSPR), which enabled issuers to raise funds across all EU member states. Under the rules, an issuer could raise up to €5 million for an offering listed on a regulated securities crowdfunding… Read More

January 30, 2025 @ 12:38 pm By JD Alois  |  

Global payments and transfers Fintech Wise says it has entered Mexico to provide services. Wise said it would enable Mexicans to send money internationally while bolstering the financial corridor to the US. As well, Wise will support 40 different currencies and 160 different countries via… Read More

January 30, 2025 @ 12:24 pm By Omar Faridi  |  

Bitwise announced the company has completed the rebranding of all ETPs in its European product suite following last year’s acquisition of ETC Group. The move comes as Bitwise looks to expand its position as a key market participant in crypto markets in 2025, a year in… Read More

January 30, 2025 @ 12:19 pm By Omar Faridi  |  

Oligo Security, the firm focused on Application Detection and Response (ADR), announced $50 million in Series B led by Greenfield Partners, with participation from Red Dot Capital Partners, Strait Capital, and existing investors Ballistic Ventures, Lightspeed Venture Partners, and TLV Partners. The proceeds will be… Read More

January 30, 2025 @ 8:45 am By JD Alois  |  

The European Central Bank (ECB) has lowered its benchmark rate by 25 basis points (bps) to 2.75%. The Bank issued a statement explaining that the “disinflation process is well on track” as price increases are said to align with staff expectations. Similar to the US,… Read More

January 30, 2025 @ 8:22 am By Tony Zerucha  |  

Moon Pursuit Capital founder and managing partner Utkarsh Ahuja’s spent a decade in cryptocurrency, and he believes 2025 could be the biggest year yet. The combination of tokenization and deregulation has the potential to drive innovation and unlock new opportunities for small businesses through decentralized… Read More

January 30, 2025 @ 8:12 am By Omar Faridi  |  

Mintos, the investment platform that helps generate passive income via diversified investments, announced an expansion of its bond offering. This update reportedly provides investors with access to a selection of corporate and government bonds, offering opportunities for those seeking consistent returns. Bonds are a type… Read More

January 30, 2025 @ 8:11 am By Omar Faridi  |  

Kirsty Rutter, the Fintech Investment Director at Lloyds Banking Group, highlights the key trends expected to shape the fast-evolving fintech industry in 2025. Despite various challenges, the UK fintech sector has demonstrated resilience and innovation, Rutter noted in a blog post. Kirsty Rutter from Lloyds… Read More

January 30, 2025 @ 8:08 am By Omar Faridi  |  

Regtech Sumsub announces its membership into the Payments Association EU, an industry group of stakeholders in the payments sector that fosters commercial connections between businesses and advocates for better policies. It joins a group of members, including the following firms: Mastercard, Visa, and Paypal and… Read More