November 21, 2024 @ 8:07 am By JD Alois  |  

The private securities market is hot. This market is far larger than public markets as excessive regulation and policies that lack foresight have undermined public markets, pushing activity away.  Reg D issuance is measured in the trillions, and some of these issuers are for private… Read More

November 21, 2024 @ 7:33 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has announced final rules for non-bank digital payments and transfers. The payments sector of Fintech is one of the hottest segments of innovation, as users have quickly adopted digital wallets and more efficient payment methods. The CFPB’s move is… Read More

November 21, 2024 @ 7:17 am By Omar Faridi  |  

The European Central Bank (ECB) sees elevated financial stability vulnerabilities in a volatile environment, according to its November 2024 Financial Stability Review. Risks to euro area economic growth have shifted to the downside as inflation has moved “closer to 2%,” while financial markets have “experienced… Read More

November 21, 2024 @ 7:15 am By Omar Faridi  |  

Riksbank noted that Sweden needs to modernize its infrastructure and create processes for more secure, efficient as well as accessible retail payments. As noted in the update from Riksbank, these are payments of smaller amounts and a collective term for payments between “private individuals, companies… Read More

November 21, 2024 @ 7:12 am By Omar Faridi  |  

KPMG UK has shared insights following the latest inflation figures. Yael Selfin, Chief Economist at KPMG UK comments on inflation data by noting that headline inflation rises above “target with upward risks to the outlook on the increase” Selfin from KPMG UK added that while the rise… Read More

November 20, 2024 @ 9:41 pm By Omar Faridi  |  

PitchBook has released the latest Enterprise Fintech report. PitchBook noted in its report that in terms of deal value and count, during Q3 2024, enterprise fintech companies raised “$3.4 billion in venture capital across 212 deals.” The PitchBook report also stated that while both deal… Read More

November 20, 2024 @ 9:36 pm By Omar Faridi  |  

80% of asset and wealth managers say AI will fuel revenue growth while ‘tech-as-a-service’ could see 12% boost to revenues by 2028, according to an update from PwC. PwC also mentioned in its research study that almost three-fourths (73%) of asset and wealth management (AWM)… Read More

November 20, 2024 @ 9:34 pm By Omar Faridi  |  

N26 Group has reported its first quarterly profit as growth in customer numbers accelerates “strongly.” Since the lift of its growth restrictions by BaFin in June of this year, N26 has claims that it has accelerated its growth momentum. The European digital bank reports organic… Read More

November 20, 2024 @ 9:32 pm By Omar Faridi  |  

CBInsights has released that aims to highlight key technology trends moving forward, as we prepare for 2025. CBInsights has looked at the future of LLMs, caregiving humanoid robots. crypto’s so-called “baby steps” and other important innovations. CBInsights data has uncovered a number of high-potential emerging… Read More

November 20, 2024 @ 9:31 pm By Omar Faridi  |  

Blockstream, the global enabler of Bitcoin infrastructure technology, has announced a newly-established Asset Management Division at Blockstream aimed at bridging the gap between Bitcoin and mainstream finance. Hedge fund professional Sean Bill has been appointed as Chief Investment Officer to lead this initiative. An investor… Read More

November 20, 2024 @ 9:29 pm By Omar Faridi  |  

Silver Point Capital, a credit investing firm, announced the final closing of Silver Point Specialty Credit Fund III, the latest fund in Silver Point’s Direct Lending franchise. Inclusive of commitments to other direct lending vehicles made during the fundraising period, the total capital raised for… Read More

November 20, 2024 @ 6:07 pm By Omar Faridi  |  

Bain Capital announced it completed fundraising for its latest Global Special Situations Fund, bringing the amount raised for its second vintage of funds to a total of $9 billion. This capital base reportedly includes Global Special Situations Fund II, which received $5.7 billion in total… Read More

November 20, 2024 @ 3:25 pm By JD Alois  |  

The Bitcoin bulls are clearly in charge. Bitcoin (BTC), the world’s most popular crypto, has rocketed by more than 30% since the election of former President Donald Trump, a digital asset advocate. As Republicans control both the House and Senate—along with the Executive branch —anticipation… Read More

November 20, 2024 @ 2:18 pm By JD Alois  |  

Regulation D (Reg D), the leading securities exemption for private offerings, is a huge market measured at over a trillion annually. Under the JOBS Act of 2012, Reg D received an update: old Reg D (506b) was joined by new Reg D (506c), an exemption that… Read More

November 20, 2024 @ 2:08 pm By Omar Faridi  |  

Payhawk, a spend management solution, announced it selected JP Morgan Payments, to improve its payment services for enterprise customers in the UK. Payhawk notes that has worked closely with JP Morgan Payments to enhance its global payment services for enterprise clients. Payhawk expects to enable… Read More

November 20, 2024 @ 10:59 am By Omar Faridi  |  

Ripple is pleased to announce Unlocking Opportunity, which is described as the next phase of their partnership with Mercy Corps Ventures (MCV) supporting emerging market SMEs building solutions for financial “resilience” via blockchain and Fintech innovation. The partnership will include financial and technical support from… Read More

November 20, 2024 @ 10:57 am By Omar Faridi  |  

Goldman Sachs (NYSE:GS) intends to explore strategic opportunities to spin-out its wholly-owned technology platform, GS DAP from its Digital Assets business, to “ultimately” become an “industry-owned” distributed technology solution, subject to regulatory approvals. Goldman Sachs has also introduced a collab with partners to underscore a… Read More

November 20, 2024 @ 10:54 am By Omar Faridi  |  

Securitize, the tokenization platform bringing the world onchain, today announced the launch of its new “sToken”, based on ERC-4626 vault technology. This functionality, offered via subsidiary Securitize Credit, in partnership with Elixir’s “deUSD RWA Institutional Program” reportedly unlocks yield-opportunities and “composability for more than $1B… Read More

November 20, 2024 @ 10:39 am By JD Alois  |  

Online investment platform Mintos says it has added short-term rental apartments to its real estate offerings. Martins Sulte, CEO and co-founder of Mintos, said they are opening the doors to a sector once out of reach for ordinary investors. “Through our real estate offerings, retail… Read More

November 20, 2024 @ 9:00 am By JD Alois  |  

Webull is working with Coinbase Derivatives to offer crypto futures, according to a note from the firm. Webull is a digital brokerage that allows investors to purchase shares, ETFs, and other investments, including crypto. It is controlled by China-based holding company Hunan Fumi Information Technology,… Read More