January 14, 2025 @ 9:22 pm By Michael Wong  |  

GCash, the leading fintech platform in the Philippines, has engaged major international banks for its upcoming initial public offering (IPO), potentially set for later this year, according to a Bloomberg report. The selected financial institutions include JPMorgan Chase & Co, Morgan Stanley, and UBS Group… Read More

January 14, 2025 @ 9:21 pm By Omar Faridi  |  

Experian has announced that ReFi, a debt consolidation technology from Paylink Solutions, will become part of the Experian Consumer Services Marketplace, in a boost for consumers and lenders with debt consolidation and affordability challenges. Research from Experian, compiled for Fair 4 All Finance, reveals that… Read More

January 14, 2025 @ 9:17 pm By Omar Faridi  |  

Clearwater Analytics (NYSE: CWAN) and Enfusion, Inc. (NYSE: ENFN) announced their entry into a definitive merger agreement for Clearwater to acquire Enfusion, a provider of software-as-a-service (SaaS) solutions for the investment management and hedge fund industry. According to the announcement, the purchase price is $11.25… Read More

January 14, 2025 @ 9:14 pm By Omar Faridi  |  

Endowus, Asia’s digital wealth advisory platform has increased its total funding to over $110 million. As noted in the announcement, an additional raise of $17.5 million follows from their $35 million raise last year to take the total for this round to $52.5M. New investors… Read More

January 14, 2025 @ 6:58 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-driven fraud prevention solutions, announced its partnership with Credibanco, Colombia’s payment processing company. This partnership will enable Credibanco to leverage artificial intelligence and machine learning models to detect and prevent fraud “in real time, ensuring  secure transactions across channels—both… Read More

January 14, 2025 @ 4:45 pm By Omar Faridi  |  

Cboe Canada Inc. welcomes BlackRock Asset Management Canada Limited for the launch of their latest ETF, the iShares Bitcoin ETF. The iShares ETF now trades on Cboe Canada under “the symbol IBIT, with U.S. dollar denominated units trading under the symbol IBIT.U.” The iShares Bitcoin… Read More

January 14, 2025 @ 12:03 pm By Omar Faridi  |  

Smartfin, a growth equity investor in European B2B technology companies, has reportedly closed its third growth fund at its €250 million target. This fund marks a key milestone for the firm, with an introductory participation of the European Investment Fund (EIF) through its ESCALAR program… Read More

January 14, 2025 @ 11:11 am By JD Alois  |  

Recently, CI reported that Silicon Prairie had exited its status as a Funding Portal. A Funding Portal is a relatively new FINRA-regulated intermediary created under the JOBS Act of 2012. Initially viewed as a path for firms to issue securities under Reg CF, most Funding… Read More

January 14, 2025 @ 9:47 am By JD Alois  |  

Republic, the largest securities crowdfunding platform in the world, has partnered with Hamilton Lane (Nasdaq: HLNE) to bring digital assets to retail investors. Hamilton Lane is a large private-markets investment firm with more than $947 billion in assets under management and supervision. The firm has… Read More

January 14, 2025 @ 9:12 am By JD Alois  |  

Capital One is probably best known for its pithy commercials featuring Jennifer Garner asking, “What’s in your wallet.”  Unfortunately, the Consumer Financial Protection Bureau (CFPB) believes that Capital One has been cheating its customers, thus questioning if consumers should keep Capital One as a credit… Read More

January 14, 2025 @ 8:57 am By JD Alois  |  

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a possible digital currency. The update by the Bank is said… Read More

January 14, 2025 @ 8:43 am By JD Alois  |  

Paymentology, audax, and Mastercard have joined to publish a report on Cards-as-a-Service (CaaS). The report is entitled; “Understanding Cards-as-a-Service (CaaS) and the Power of Strategic Partnerships.” The trio described CaaS as transformative, allowing Fintechs, banks, and more to become “distributors of payment services” and generating… Read More

January 14, 2025 @ 8:22 am By JD Alois  |  

Coinbase (NASDAQ:COIN) won a minor victory in court regarding its ongoing legal battle with the Securities and Exchange Commission (SEC). Coinbase Chief Legal Officer Paul Grewal shared via X that the Third Circuit Court has chastised the SEC for its denial of rulemaking – something… Read More

January 14, 2025 @ 7:55 am By JD Alois  |  

Zodia Custody has announced a partnership with Kiln, a digital asset rewards management platform. Incubated by Standard Chartered, Zodia Custody focuses on institutions. The company is also associated with Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. The partnership aims to offer institutional… Read More

January 14, 2025 @ 7:45 am By Omar Faridi  |  

Transcard, a global firm focused on payments technology, is pleased to announce its expansion into the Canadian market. Transcard has reportedly launched its first Canadian customer, Xodus Travel Services, leveraging the SMART Suite for payment orchestration and “adopting an enhanced digital payment experience.” Transcard’s embedded… Read More

January 14, 2025 @ 7:43 am By Omar Faridi  |  

Nevermined, the provider of AI payment infrastructure for AI-to-AI transactions, announced it has raised over $4 million in funding to accelerate the adoption of AI-Commerce by enabling AI agents to pay and get paid. The investment round was led by Generative Ventures, with participation from… Read More

January 14, 2025 @ 7:30 am By Omar Faridi  |  

TrueLayer, Europe’s open banking payments network, announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe. BR-DGE is a key player focused on payment orchestration, working with enterprise businesses, across sectors such as transport, travel, igaming,… Read More

January 14, 2025 @ 7:29 am By Omar Faridi  |  

Revolut, the global financial super-app, is making significant strides in its mission to redefine and reimagine modern financial services. With its latest product offering tailored for wealth management and private clients, the Fintech company is positioning itself as a solution for individuals seeking sophisticated financial… Read More

January 13, 2025 @ 11:20 pm By Omar Faridi  |  

With industry professionals divided in their approaches, CBInsights look at the winners and losers in the open-source vs. closed-source landscape and what enterprises “need to think about next for adoption.” As part of their series on the generative AI divide, CBInsights has examined many of… Read More

January 13, 2025 @ 10:35 pm By Omar Faridi  |  

HyperPay, the Saudi payments services provider (PSP) operating in the MENA region, reportedly obtained a license from the Saudi Central Bank (SAMA) in order to support the diversification and development of the financial services ecosystem in KSA. In line or consistent with its strategy to… Read More