Tagged: new york

June 10, 2026 @ 2:30 pm By Omar Faridi  |  

Thunes, an international payments Fintech known for its global money transfer network, is ramping up its presence in the United States. The company is channeling resources from its substantial Series D funding round to strengthen operations stateside, highlighted by the recent inauguration of a dedicated… Read More

May 28, 2026 @ 5:43 pm By Omar Faridi  |  

Mastercard (NYSE:MA) has achieved a significant regulatory milestone by obtaining a BitLicense from the New York State Department of Financial Services (NYDFS). This approval, granted to Mastercard Transaction Services (U.S.) LLC, underscores the payments firm’s commitment to operating responsibly within the ecosystem of digital assets…. Read More

May 4, 2026 @ 1:46 pm By Omar Faridi  |  

New York Attorney General Letitia James has secured more than $5 million from cryptocurrency trading platform Uphold HQ Inc. in a settlement resolving allegations that the company misled customers by heavily promoting a third-party yield product that ultimately collapsed, resulting in substantial investor losses. The… Read More

April 26, 2026 @ 10:20 pm By Omar Faridi  |  

The Commodity Futures Trading Commission (CFTC) has launched a federal lawsuit against the State of New York. Filed on April 24, 2026, in the US District Court for the Southern District of New York, the action aims to prevent state officials from imposing gambling restrictions… Read More

March 30, 2026 @ 8:36 am By JD Alois  |  

Apollo Global Management is planning to open a second headquarters in either Florida or Texas, adding its name to the growing list of firms seeking a more business-friendly jurisdiction to operate. Apollo is expected to keep its NYC HQ, at least for the time being…. Read More

March 26, 2026 @ 9:04 am By JD Alois  |  

Z/Yen, a City of London commercial think-tank, has published The Global Financial Centres Index 39. According to its analysis, New York City remains at the top of the Index, followed by London, Hong Kong, Singapore, and San Francisco. This ranking at the top is little… Read More

February 16, 2026 @ 5:30 pm By Omar Faridi  |  

In a move to significantly streamline operations, cryptocurrency exchange Gemini (NASDAQ:GEMI) has announced its withdrawal from several international markets, including the United Kingdom, European Union, and Australia. This decision, aimed at cutting costs and simplifying its global footprint, comes as the firm redirects its efforts… Read More

February 8, 2026 @ 4:46 am By Omar Faridi  |  

In an effort to address New York City’s ongoing housing crisis, OakNorth, a specialist in commercial lending, has partnered with Oak Funding to extend a $78 million co-loan to real estate developer Bushburg. This financing will facilitate the purchase and redevelopment of 100 William Street,… Read More

February 5, 2026 @ 2:05 pm By Omar Faridi  |  

In a new alert issued on February 2, 2026, New York Attorney General Letitia James has highlighted the dangers associated with unregulated prediction markets, particularly as excitement builds for major sporting events like the Super Bowl. These online platforms allow users to wager on the… Read More

January 21, 2026 @ 7:57 am By Omar Faridi  |  

OakNorth, the digital bank focused on enabling mid-market businesses, has recently extended significant financing to two distinct ventures. These moves underscore the bank’s commitment to fostering sustainable development and economic expansion, having already disbursed over $18 billion in loans that have spurred job creation and… Read More

January 16, 2026 @ 7:02 pm By Omar Faridi  |  

Apex Fintech Solutions has recently teamed up with Allfunds, a European wealthtech provider, to streamline access to international investment options. This collaboration, revealed earlier this month, aims to make offshore mutual funds, exchange-traded funds (ETFs), and alternative assets more readily available to investors worldwide, including… Read More

January 11, 2026 @ 6:07 pm By Omar Faridi  |  

DailyPay, the provider of on-demand pay platforms, has announced the closure of a new $195 million senior secured revolving credit facility. The deal positions the company for expanded operations and innovation in the financial wellness sector. DailyPay, which is headquartered in New York, specializes in… Read More

January 2, 2026 @ 11:14 am By JD Alois  |  

Following California’s proposal of a new tax targeting affluent citizens, social media is abuzz with condemnations and reports of wealthy investors fleeing or plotting their exit from the state, where they helped drive phenomenal economic growth and prosperity. New York City is also expected to… Read More

December 17, 2025 @ 5:26 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, has provided a $60.7m note-on-note facility to returning customer and New York-based lending platform, S3 Capital. Established back in 2013 by Joshua Crane and Robert Schwartz after they claimed to have recognized a significant lack of institutional quality, middle… Read More

November 27, 2025 @ 9:10 am By Omar Faridi  |  

MoonPay, the global enabler of crypto payments, has recently announced that the New York State Department of Financial Services (NYDFS) has authorized the MoonPay Trust Company, LLC, a New York Limited Purpose Trust Company (LPTC), to begin offering its services to customers. The charter authorizes… Read More

October 9, 2025 @ 3:14 pm By Omar Faridi  |  

New York residents are now finally able to stake their crypto on digital assets exchange Coinbase (NASDAQ:COIN). Staking assets is described as a straightforward process sp that investors can put their crypto to work, securing blockchain networks and periodically receiving rewards in return. Thanks to Governor… Read More

September 8, 2025 @ 12:58 am By Omar Faridi  |  

NorthWall Capital, a London-based credit investment firm, has announced the opening of its New York office, marking a key milestone in its growth strategy and deepening its commitment to North American investors. This expansion underscores the firm’s plans to enhance its global presence and better… Read More

September 7, 2025 @ 12:18 pm By Omar Faridi  |  

Rithm Capital Corp., a New York-based global alternative asset manager, announced a definitive agreement to acquire Crestline Management, L.P., a Fort Worth-based alternative investment firm with approximately $17 billion in assets under management (AUM). This strategic acquisition aims to strengthen Rithm’s asset management platform, expanding… Read More

August 5, 2025 @ 3:07 pm By Omar Faridi  |  

In its Q2 2025 Industry Insights report, TrueAccord, a machine-learning and AI-driven digital debt collection fintech, offers an analysis of the economic landscape and its implications for the debt collection industry. The update shared by TrueAccord highlights key trends, regulatory updates, and strategic recommendations for… Read More

July 24, 2025 @ 11:58 am By Omar Faridi  |  

Evolution Credit Partners Management, LLC, a provider of single buyer, non-cancellable Trade Credit Protection (TCP) for accounts receivable from high-yield buyers, announced it has delivered “more than $1 billion in protection since launching its TCP business in late 2020.” Evolution’s TCP program addresses a gap… Read More