Fintech Firm Octane Reports $50 Million Series E Funding Round

Octane (Octane Lending, Inc.), the fintech enhancing the buying experience for major recreational purchases, announced that it has closed its Series E funding round with $50 million in new equity capital. Octane has raised $242 million “in total equity funding to date.” The capital will… Read More

Pyrrhic Victory for SEC? Ripple Pays Penalty of $125 following SEC Action Settlement

Ripple, the issuer of XRP, has long been ensconced in a legal battle with the Securities and Exchange Commission over allegations of offering an unregistered security. However, it appears to have been let off lightly by paying a penalty of $125 million. Ripple CEO Brad… Read More

CapitalRise Originates £6.3 Million Loan for Mayfair Property

CapitalRise has originated a £6.3 million loan to facilitate a property in the heart of Mayfair. CapitalRise specializes in prime London real estate financing. This specific townhouse was originally built in 1736 and is a Grade II listed property encompassing 10,707sq.ft. The structury currently includes… Read More

Cross River Bank Announces New Members to Board of Directors

CRB Group, Inc., the parent company of Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced it has appointed three new members to its Board of Directors, effective July 1, 2024: Roland Fryer, Richard Laxer and Gabrielle Vitale. Gilles Gade, Founder,… Read More

Binance Reports Reclaiming $73 Million in Stolen Funds

Binance is reporting that it has reclaimed more than $73 million in funds pilfered by hacks. The Binance security team is said to have recovered the funds as of July 31st, topping the $55 million recovered in 2023. Binance touts that it has partnered with… Read More

UK’s ThinCats Reportedly Secures £75 Million Mezzanine Funding from CPP Investments

ThinCats, which aims to help the mid-sized business thrive, has secured £75 million mezzanine funding from CPP Investments. The facility is the latest line of funding “secured by ThinCats and reflects the credit quality of the UK mid-sized businesses ThinCats targets its lending.” CPP Investments’… Read More

Insurtech Funding Sees Strongest Quarter in Over a Year Despite Deal Volume Declining – Report

Insurtech funding sees its strongest quarter in over a year despite deal volume sinking to its lowest point since 2016, according to an extensive update from CBInsights. CBInsights notes in its latest repot that global insurtech funding “increased 44% quarter-over-quarter (QoQ) to $1.3B in Q2’24… Read More

Ares Management Corp Reports Q2 2024 US Direct Lending Origination Activity

Ares Management Corporation (NYSE:ARES) announced that funds managed by its Credit Group closed “approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct lending commitments across 295 transactions in the 12 months… Read More

TransUnion and Snowflake to Provide On-demand Access to Pseudonymized Credit Data

TransUnion (NYSE: TRU) announced its partnership with Snowflake, the AI Data Cloud company, to launch TruIQTM Data Enrichment on Snowflake Marketplace. TruIQ Data Enrichment’s availability on Snowflake Marketplace will “provide joint customers with unlimited, on-demand access to pseudonymized TransUnion credit data in the Snowflake AI… Read More

Tech Mahindra Teams Up with Fintech Finastra to Help Banks Accelerate Digital Transformation Efforts

Tech Mahindra (NSE: TECHM), a global provider of technology consulting and digital solutions to enterprises across industries, has announced a partnership with Finastra, a global provider of financial software applications and marketplaces, to help corporate banks accelerate their digital transformation journeys. Through the partnership, Tech… Read More



Fintech News Pro – BETA

Fintech News Pro ©
Wire
    CMG LLC 2026


    DisclosureQuest
    Promote Your
    Reg A Offering
    Get your message out
    to more investors
    Promote Now

    DTCC Introduces Insurance and Retirement Services’ Producer Authorization Service

    The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced the launch of DTCC’s Insurance & Retirement Services’ (I&RS) Producer Authorization (PAR) service, “a standardized method for insurance vendors and distributors to communicate with carriers to verify… Read More

    Setu and Axis Bank Launch UPISetu, India’s UPI-focused Payments Platform for Businesses

    Setu, a Pine Labs company, in partnership with Axis Bank, launched UPISetu, India’s UPI-focused payments platform for businesses and developers. NPCI’s UPI has seen a rise in India “with Person-to-Merchant (P2M) transactions alone witnessing a phenomenal rise of 241% from 2.56 billion transactions in June… Read More

    Anchorage Digital Bank Expands Custody Support for SPL Tokens on Solana

    Anchorage Digital Bank N.A., the only federally chartered crypto bank, is announcing expanded support for the Solana ecosystem. In addition to native SOL, institutions can now “custody SPL tokens from the safety and security of Anchorage Digital Bank.” The SPL token standard governs how tokens… Read More

    Australian Digital Bank Ubank Introduces Passkeys to Support Secure Access to Banking Apps

    Australian digital bank, ubank, has introduced passkeys to improve authentication for customers. Ubank joins a growing number of international online services and payment providers, “along with Australian organizations and government agencies, using passkeys as their login method.” The change in authentication processes comes as Australians lost… Read More

    Bitstamp to Partner with Stripe on Crypto Onramp

    Digital asset firm Bitstamp will partner with Stripe to enable a fiat-to-crypto onramp in the European Union. The collaboration will see the Stripe onramp, a customizable widget powered by Bitstamp. The goal is to simplify the process so developers can incorporate the feature with little… Read More

    Digital Asset Trading Sees First Rise in Four Months: Report

    In the month of July, crypto trading on spot and derivatives centralised exchanges rose 19.0% to $4.94 trillion, according to report distributed by CCData. This is said to be the first increase in four months. The rise in trading is being attributed to the new… Read More

    The Bitcoin Act: Bill Introduced to Establish a Strategic Bitcoin Reserve in the US

    Legislation has been introduced in the US Senate to establish a strategic Bitcoin reserve. Submitted by Senator Cynthia Lummis, well known for her support of digital assets, S.4912, the Bitcoin Act, officially entitled, Boosting Innovation, Technology and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act was sent… Read More

    Fastlane by PayPal Supports Frictionless Digital Checkout Experience

    PayPal Holdings, Inc. (NASDAQ: PYPL) announced that Fastlane by PayPal is now available for U.S. businesses of all sizes, helping to increase their sales and drive customer loyalty in time for the upcoming holiday shopping season. Announced earlier this year, Fastlane utilizes PayPal’s payment expertise… Read More

    Capital Ideas: Brian Anderson from Raze on the Complementary Use of Tokenization and an ATS

    Unlocking Capital Markets with Tokenization and ATS: An Interview with Brian Anderson, CEO of Raze Finance In the most recent episode of Capital Ideas, Nick Morgan and Dara Albright, board members of Investor Choice Advocates Network (ICAN), hosted Brian Anderson, CEO of Raze Finance. The… Read More

    Ally Haire from Lilypad Shares Perspective on Significance of Open-Source AI and Importance of Accessing Compute Power

    We recently connected with Ally Haire, CEO and Founder of Lilypad, which is described as a serverless, distributed computing network for AI, ML, and other computational processes. Recently, it was reported that Elon Musk is going to build a “gigafactory of compute,” and while the… Read More

    Send this to a friend