January 30, 2025 @ 6:54 am By Omar Faridi  |  

Philcoin, which claims to be committed to combining blockchain technology with philanthropy, has reportedly launched PhilSocial, the “decentralized” social platform designed to incentivize users for engaging while empowering them to give back to the community. It’s described as a step forward in the intersection of… Read More

January 30, 2025 @ 5:35 am By Omar Faridi  |  

Vietnamese Visa credit cardholders will soon be able to enjoy real-time installment offers at popular merchants in South Korea, thanks to a new partnership between Visa (NYSE: V) and DealMe. This innovative payment solution is expected to enhance the overall shopping experience for Vietnamese travelers… Read More

January 30, 2025 @ 5:08 am By Omar Faridi  |  

PitchBook noted in a new report that the infrastructure software as a service (SaaS) sector has experienced significant growth, driven by the increasing adoption of digital transformation, Big Data, and advanced technologies like large language models. The report from PitchBook explained that this sector encompasses… Read More

January 29, 2025 @ 10:39 pm By Omar Faridi  |  

AXA IM Alts, a global firm focused on alternative investments, with €185 billion of assets under management, announces it has launched its private credit fund under the European Long-Term Investment Fund 2.0 regulation (ELTIF 2.0), which has reportedly raised more than €230 million. The Fund,… Read More

January 29, 2025 @ 9:39 pm By Omar Faridi  |  

Carta has noted that on January 23, 2025, the Supreme Court made a ruling that allows the Financial Crimes Enforcement Network (FinCEN) to continue enforcing the Corporate Transparency Act’s (CTA) beneficial ownership information report (BOIR) filing requirements. Carta pointed out that FinCEN has since issued… Read More

January 29, 2025 @ 9:38 pm By Omar Faridi  |  

A recent case involving Frank Richard Ahlgren III, a Texas resident, has marked a significant milestone in the realm of cryptocurrency taxation, according to an update from Chainalysis. Chainalysis noted in a report that in December 2024, Ahlgren was sentenced to two years in prison… Read More

January 29, 2025 @ 9:37 pm By Omar Faridi  |  

Juniper Research noted in a report that quantum technology is poised to enhance the way we work, enabling faster computation of complex problems and the development of innovative applications such as advanced sensing and detection. Juniper Research explained that one of the key benefits of… Read More

January 29, 2025 @ 9:36 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment solutions provider, announces its registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This approval represents a key regulatory approval, enabling Alchemy Pay to facilitate fiat-to-crypto payment services in the Australian market. With… Read More

January 29, 2025 @ 9:35 pm By Omar Faridi  |  

TravelPerk, the business travel platform, announces a new Series E fundraise of $200m. The investment round is reportedly led by European venture capital firm Atomico, alongside EQT Growth, with participation from Noteus Partners and existing investors, including Kinnevik and General Catalyst. The round “nearly doubles”… Read More

January 29, 2025 @ 9:33 pm By Omar Faridi  |  

CyberCube, the provider of cyber risk analytics software, is pleased to partner with Acclaim Insurance Brokers, one of Singapore’s risk consultants and insurance brokers. With local expertise and an international network, Acclaim says that it serves a client base of over 2,000 companies. Acclaim reportedly… Read More

January 29, 2025 @ 4:31 pm By Omar Faridi  |  

Capchase has reflected on its accomplishments in 2024, including the overall performance and adoption of Capchase Pay. The company has achieved several milestones, including: Experiencing an 800% increase in software buyers paying through Capchase Pay. Becoming Stripe‘s B2B BNPL payment method for the US. Some… Read More

January 29, 2025 @ 3:36 pm By JD Alois  |  

There was little new today emerging from the US Federal Reserve announcement as it decided to hold rates steady, matching market expectations. The Fed decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. The FOMC [Federal Open Market Committee]… Read More

January 29, 2025 @ 12:46 pm By JD Alois  |  

The Senate Banking Committee has posted its list of witnesses for next week’s hearing on the Debanking that took place during the Biden Administration. The following individuals will be sharing their experiences in regard to losing access to the banking system: Nathan McCauley, CEO &… Read More

January 29, 2025 @ 12:15 pm By Omar Faridi  |  

Nisum, a Silicon Valley-based technology consulting partner, made a strategic move to expand its global footprint with a new business hub in Lima, Peru. This marks a significant milestone for the company and is a major boost for LatAm technology. Nisum’s expansion highlights the importance… Read More

January 29, 2025 @ 12:08 pm By Omar Faridi  |  

The turn of the year signifies new beginnings for the blockchain and crypto space, and Ripple claims that it has hit the ground running with advances to its cross-border payments solution. Additionally, Ripple said in a blog post that industry players across the US are… Read More

January 29, 2025 @ 12:04 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN), provider of a cryptocurrency trading and investing platform, is expanding its global presence to Argentina, as part of its mission to support economic freedom worldwide. This move is designed to increase access to cryptocurrency services for millions of Argentinians. To operate in Argentina, Coinbase… Read More

January 29, 2025 @ 12:00 pm By JD Alois  |  

Online investment platform OurCrowd has once again been recognized as the most active venture investor in Israel – which remains a hot startup market. OurCrowd noted that this is the 11th year in a row that it has been recognized as Israel’s most active venture… Read More

January 29, 2025 @ 10:07 am By JD Alois  |  

LendingClub (NYSE:LC), a digital bank, reported Q4 earnings yesterday, touting a rise in loan originations by 13%, an increase in revenue of 17%, and growth in total assets of 20% when compared to Q4 of 2023. While revenue rose, net income declined quarter over quarter… Read More

January 29, 2025 @ 9:46 am By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is holding steady around the $100,000 mark as investors await the Federal Open Market Committee (FOMC) meeting. After a modest 3-4% correction on Tuesday (January 28), the leading cryptocurrency rebounded, reflecting cautious optimism among investors ahead of key policy remarks…. Read More

January 29, 2025 @ 8:11 am By JD Alois  |  

Lloyds Banking Group is expected to close over 130 bank branches as it continues to downsize due to fewer customers utilizing physical locations. In a report by SkyNews, Lloyds Banking Group is said to be shuttering 61 Lloyds, 61 Halifax, and 14 Bank of Scotland locations beginning in… Read More