News
Stay up to date with the latest news in fintech, crypto, and digital finance. Our News section delivers concise, insightful coverage of market developments, funding rounds, regulatory updates, and innovations shaping the financial technology landscape.
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Brex and DoorDash Join Forces to Revolutionise Corporate Perks
Brex, a premier intelligent finance platform, recently partnered strategically with DoorDash for Business. The goal is to provide DashPass memberships to US-based Brex cardholders, revolutionizing corporate benefits and workplace meal solutions. DoorDash for Business offers workplace meals and perks, while Brex is renowned for its innovative approach to cash flow and expense management. Their partnership…
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Toss Plans Australian Launch in Global Fintech Expansion
In a significant move, South Korean fintech firm Toss has unveiled plans for international expansion. The company, operated by Viva Republica, plans to launch its all-inclusive finance app in Australia by the end of 2025. This plan aligns with Toss’s long-term vision of becoming a globally recognised fintech platform. Back home, Toss has built a…
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Fintech Pioneer Aven Raises $110m, Valued at $2.2bn
Aven, an innovative fintech company, focuses on improving homeowners’ credit access. They recently raised an impressive $110 million in a Series E funding round, boosting their valuation to a notable $2.2 billion. This investment highlights the confidence in Aven’s strategy, which utilises home equity to create credit card offers. Aven’s unique strategy leverages homeowner’s equity…
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Retail Investor Confidence in US Economy Surges says eToro
A recent survey by eToro, a trading and investing platform, shows a surprising boost in US retail investor confidence. This rise occurs despite concerns about tariffs and a weakening labour market. eToro’s quarterly Retail Investor Beat survey captures the sentiments of retail investors worldwide. The survey collected opinions from 10,000 retail investors across 12 countries.…
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21X Emerges as Key Player in Frankfurt’s Fintech Scene
Frankfurt’s fintech scene welcomes a new key player, 21X. The company specialises in tokenized capital markets, using blockchain technology to revolutionise asset trading and settlement. Thanks to strategic partnerships and a regulatory license, 21X is emerging as a trailblazer in creating a secure, efficient, and accessible market. 21X’s approach to finance hinges on tokenization. This…
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Starling Bank Eyes £4 Billion Valuation Ahead of Share Sale
The London-based digital bank, Starling, aims high with a bold £4 billion valuation. This is in preparation for a secondary share sale. The bank’s innovative approach and ambitious growth plans make this move a testament to its confidence in future prospects. Starling strategically plans the secondary share sale. It offers existing investors a chance to…
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Figure Technology Heads to Nasdaq Aiming to Raise $780M
Figure Technology, a blockchain-focused lending and infrastructure firm, is poised to debut on Nasdaq today. The fintech firm aims to launch its shares on the American stock exchange under the ticker symbol FIGR. The target? Raising over $780 million. This is just the latest move in a string of fintech firms going public this year,…
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Ethereum to Bitcoin Ratio Hits All-Time High in 2017
A significant milestone occurred in the crypto market on 12th June 2017. The price ratio of Ethereum (ETH) to Bitcoin (BTC) hit an all-time high of 0.148, as CoinGecko reported. This peak, driven by the Initial Coin Offering (ICO) bull, marked a pivotal moment in digital currencies’ history. At that time, Ethereum was capitalizing on…
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ICAN Sues to Change Accredited Investor Definition
The Investor Choice Advocates Network (ICAN) is contesting the Accredited Investor definition. They’ve initiated a lawsuit against the current affluent investor criteria. Currently, only wealthy investors can join specific private securities offerings. ICAN is on a mission to dismantle this wealth-oriented access. They argue it fosters an uneven playing field, excluding those below the financial…
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ABA Chair Calls for Modernisation of Deposit Insurance System
Significant evolution has occurred in the modern banking landscape. Kenneth Kelly, Chair Elect of the American Bankers Association (ABA), believes it’s time for the deposit insurance system to adapt. He expressed this to senators, emphasizing that despite its efficient service, the system needs a comprehensive review due to recent changes. While the current system has…
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QCP Group Secures FSRA Licence to Boost Digital Trade
QCP Group has achieved a significant milestone by securing a full licence from Abu Dhabi’s Financial Service Regulatory Authority (FSRA). This strategic move aims to link institutional digital asset trading between Asia and the Middle East. It’s a crucial step towards strengthening QCP Group’s presence in the financial services sector. This licence reinforces QCP Group’s…
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FCA Charges Finfluencers in Unprecedented Crackdown
The UK’s Financial Conduct Authority (FCA) has made an unprecedented move. It has charged three “Finfluencers” for promoting specific investment products. This action is part of a wider crackdown on Finfluencers allegedly pushing high-risk investment opportunities. The FCA’s release reveals that these individuals face a count of communicating an investment activity invitation, violating financial regulations.…
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TRM Labs Tackles Regulatory Challenges of Stablecoins
The booming stablecoin world is reshaping finance. Yet, it brings significant challenges, especially for regulation and compliance. TRM Labs, a top blockchain intelligence firm, is committed to tackling financial crime risks and ensuring compliance in this fast-growing sector. Stablecoins offer a practical alternative to traditional payment methods, facilitating faster, programmable transactions. However, as financial entities…
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Clean Core’s Shift to Digital Assets Spurs Ethereum Growth
This week’s second instalment of Web3 Thoughts explores Ethereum, Clean Core and captivating market trends. We’ll touch on Ethereum’s popularity for tokenisation, Clean Core’s evolution into a digital asset treasury firm, and intriguing market dynamics. Clean Core has stirred interest by morphing from a traditional company into a digital asset treasury firm. This shift mirrors…
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Revolut Secures UAE Payments License in Global Expansion Bid
Revolut, the innovative digital bank, has reached a significant milestone in its global expansion. It has gained preliminary approval for a payments license in the United Arab Emirates (UAE), a testament to its commitment to revolutionise digital finance and online investing. This regulatory approval marks an important step in Revolut’s global journey. It comes as…
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RedStone Acquires Credora to Revolutionise DeFi Industry
In a game-changing move, RedStone, a DeFi oracle network, has acquired Credora, an on-chain credit rating platform. This merger unites two key DeFi players, promising unprecedented industry benefits. However, the deal awaits customary approvals. Supported by industry titans like Coinbase Ventures, S&P, and Hashkey, Credora enjoys a solid reputation. It offers critical services to the…
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Robinhood Rolls Out AI Trading Tools in the UK
Robinhood Markets, Inc. (NASDAQ: HOOD) concentrates on retail finance, incorporating trading tools and AI-driven insights. They’re also exploring prediction markets. These improvements aim to enrich the financial experiences of global retail investors. Recent developments include enabling active traders at the HOOD Summit 2025, branching into sports outcomes, and launching AI features in the UK. Robinhood’s…
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Nasdaq Files to Offer Tokenized Securities in Major Move
Nasdaq has taken a significant step by filing with the Securities and Exchange Commission (SEC) to offer tokenized securities. This milestone signifies the growing acceptance and use of digital securities. Tokenization converts security rights into a digital format. This process enables easy issuance and management of securities using blockchain technology. The financial industry sees this…
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Klar Acquires Bineo to Secure Banking License
Fintech firm Klar has made a significant move to secure a banking license. It has announced its acquisition of Bineo, the digital banking arm of Grupo Financiero Banorte. This acquisition is a strategic step that places Klar in a strong position within the expanding financial services sector. With this acquisition, Klar is becoming a key…
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Rise in AI Tools Use for Financial Planning, J.D. Power Study Finds
In today’s world, rising consumer goods prices have consumers seeking financial advice. From budgeting to investing, more and more people are turning to Artificial Intelligence (AI) tools for answers. A trend highlighted by a study from J.D. Power. AI tools are growing in popularity due to their ability to handle complex calculations and projections. They…