December 10, 2024 @ 11:20 am By Omar Faridi  |  

After challenging years, a trend reversal appears to be emerging in the German market for mergers and acquisitions (M&A), according to an update from KPMG Germany. KPMG Germany noted in a research study that 65 per cent of companies initiated and completed more deals in… Read More

December 10, 2024 @ 11:20 am By JD Alois  |  

In a meeting today, the Securities and Exchange Commission’s Investor Advisory Committee (IAC) published draft recommendations regarding the rise of “Finluencers”—individuals who may promote securities offerings on social media. While the IAC may submit recommendations to the Commission, there is no requirement for the SEC… Read More

December 10, 2024 @ 11:10 am By Omar Faridi  |  

Centana Growth Partners, a growth equity firm investing in the future of finance, announced the closing of its third fund, Centana Growth Partners III, L.P. with $600 million in capital commitments from limited partners. Coinciding with Centana’s 10-years of operations, this milestone marks a decade… Read More

December 10, 2024 @ 9:07 am By JD Alois  |  

Markets in Crypto-Assets Regulations or MiCA are rules that seek to provide regulatory clarity for firms engaged in the digital asset markets. This includes non-security crypto assets as well as stablecoins. Digital securities are regulated under different rules. In a corporate statement, payments firm Clear… Read More

December 10, 2024 @ 8:57 am By JD Alois  |  

SumUp says it now offers a cash advance product for several European markets, including Germany, France, Ireland, and the Netherlands. The product was first introduced in the UK in 2020. The service allows merchants to tap into funding of up to £20,000. Typically, the funds… Read More

December 10, 2024 @ 8:41 am By Omar Faridi  |  

UK’s PensionBee noted that pension funds could be headed for another year of strong returns in 2025, according to predictions from investment banks, including JP Morgan, Morgan Stanley, and Bank of America. PensionBee explained in a blog post that the bull run in US stocks is expected to continue while other… Read More

December 10, 2024 @ 8:15 am By Omar Faridi  |  

Bitpanda has just announced that the platform now offers access to over 500 cryptocurrencies, setting a new standard in crypto investing. Bitpanda noted that this milestone cements their position as the European crypto platform for investors looking to diversify and “capitalize on the growing opportunities… Read More

December 10, 2024 @ 8:13 am By Omar Faridi  |  

GFO-X announces ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as partners ahead of launch in Q1 2025. GFO-X is the UK’s regulated and centrally cleared trading venue dedicated to digital asset derivatives. GFO-X has been working with these partners to deliver the… Read More

December 10, 2024 @ 8:11 am By Omar Faridi  |  

Tether has shared insights on just how many stablecoin USDT on-chain holders there may be. In their Tether Insights, they shared the data that a total of 330 million on-chain wallets and accounts, a “proxy for users,” had received USDT by the end of Q3… Read More

December 10, 2024 @ 6:09 am By Omar Faridi  |  

According to an update from BNY (NYSE: BK), as pensions become costly and difficult to manage, companies can de-risk their balance sheets by transferring them to insurers and pension acquirers. BNY noted that a new collaboration enables a seamless pension experience from administration to payments…. Read More

December 9, 2024 @ 11:03 pm By Tony Zerucha  |  

Data from BNPL provider Clearpay and Square have released data showing significant rises in some important Black Friday shopping metrics in the United Kingdom. Total transactions rose 25%, in-person transactions surged 30% and online buys inched up 5%. Nov. 29 at precisely 8:02 a.m. was… Read More

December 9, 2024 @ 11:02 pm By Omar Faridi  |  

Nu Colombia (Compañía de Financiamiento S.A.) part of Nubank (NYSE: NU) announces the NuControl Credit Card pilot launch, developed to increase financial inclusion in the country. With a presence in 100% of the departments and more than 95% of rural municipalities, Nu said that it… Read More

December 9, 2024 @ 11:00 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management and prime services, is announcing that it is one of the first custodians to enable support for USDC on Sui. USDC is a digital dollar, backed by “highly liquid” cash and cash-equivalent assets, and is… Read More

December 9, 2024 @ 10:58 pm By Omar Faridi  |  

Dr. Sean Dawson, Head of Research at onchain options DeFi protocol, Derive.xyz ($94.8M TVL, $7.4B total trade volume) noted that while Bitcoin hits a major milestone of reaching above $100,000 for the first time, optimism has surged on Derive.xyz, with an “18.7% chance of BTC reaching… Read More

December 9, 2024 @ 10:36 pm By Omar Faridi  |  

Concordium, Google, and Danish transmission system operator (TSO) Energinet are piloting a project aimed at transforming the green energy landscape. Central to this initiative will be Energinet’s Project Origin and the Energy Track & Trace platform, leveraging Concordium blockchain technology to ensure traceability, transparency, trust,… Read More

December 9, 2024 @ 5:53 pm By Tony Zerucha  |  

CEO Ryan Campbell wishes he had access to MoneyThumb’s automated document evaluation and fraud solutions when he ran other Fintech companies earlier in his career. Over the past seven years, he’s seen MoneyThumb grow into a trusted service provider to hundreds of lenders and thousands… Read More

December 9, 2024 @ 5:35 pm By Omar Faridi  |  

Holiday season is the gift that “keeps giving for criminals,” rogue employers, and unscrupulous service providers, according to an update from LSEG Risk Intelligence. Analysis of LSEG World-Check database demonstrates how criminals take advantage at “a time when consumer spending is at its highest.” Worker… Read More

December 9, 2024 @ 4:52 pm By Omar Faridi  |  

Bitcoin and crypto markets continue to set new all-time highs as the end of 2024 approaches. Many analysts now believe that 2025 will bring more investors and capital to the digital assets market, supported by crypto-friendly policies and a regulatory framework that will enable innovation…. Read More

December 9, 2024 @ 11:16 am By Omar Faridi  |  

Third Financial, part of the Nucleus group, has launched a mobile app for iOS and Android devices. It will enable access to all the client’s investments in one place, providing real time valuations across the range of investment wrappers, along with  investment analysis and the… Read More

December 9, 2024 @ 11:15 am By Tony Zerucha  |  

Gevulot, a zero-knowledge (ZK) firm building the ZkCloud, this week announced the launch of Firestarter, its first production-ready, universal ZK proving network. Designed to simplify and accelerate proof generation, Gevolut said Firestarter reduces costs by more than 95% compared to current solutions while improving ZK,… Read More