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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Polymath Pioneers Asset Tokenisation with Winnipeg
In the rapidly growing market of asset tokenization, one company stands out. **Polymath**, under the leadership of Vince Kadar, has been gearing up for this moment for years. Consequently, their strategic foresight is now bearing fruit, positioning Polymath as a significant player in the new financial landscape. Polymath’s journey began in 2017-18. They were the…
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Invest in GVNR’s Revolutionary Cross-Chain Blockchain
In the rapidly advancing world of blockchain technology, one company is making a significant impact. GVNR is striving to become the cross-chain protocol that connects everything Web3. Moreover, they are moving towards this goal by fundraising on Republic. Consequently, GVNR is not just making strides towards their aim, but also offering investors a chance to…
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Vietnam’s New Law Boosts Crypto Assets Legality
In a landmark decision, Vietnam has enacted a comprehensive law concerning the Digital Technology Industry. Not only does this action bring digital assets under regulation, but it also officially recognises the use of crypto assets. This development signals a shift in global perspective towards the legality of crypto assets and digital regulation. With the introduction…
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CVC Credit Successfully Prices New €400m CLO
Recently, CVC Credit, a global credit management firm, priced a new €400m Collateralised Loan Obligation (CLO) vehicle. This vehicle is known as Cordatus XXXV. This significant move marks the fourth new issue CLO of 2025 for the company. Moreover, as a part of the €45 billion CVC enterprise, the company continues to bolster its global…
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Arch Insurance Bolsters Travel Plans with bolt
Speciality insurance solution provider, Arch Insurance, has strategically decided to partner with insurtech company, bolt. The aim of this collaboration is to broaden access to Arch Insurance’s multi-trip travel insurance plan. This move clearly shows Arch Insurance’s commitment to using innovative insurtech solutions to improve its product offerings. The partnership with bolt represents a significant…
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Fahmi Syed on Blockchain’s Potential and Programmable
In an insightful interaction, Fahmi Syed, president at the Midnight Foundation, shared his views on the transformative potential of blockchain technology. The discussion took place at Money20/20 Europe 2025, a leading fintech event. Syed expounded on how his organisation is harnessing blockchain’s capabilities, particularly through programmable privacy. Blockchain technology, for the uninitiated, provides a secure…
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Klarna Card Launches in US with Marqeta
Fintech enthusiasts and consumers have exciting news to look forward to. Payment platform Marqeta and buy-now-pay-later service Klarna recently announced their decision to extend their partnership. The aim? To bring the Klarna Card to the US market. This joint move promises to enhance the payment experience for Klarna customers. The innovative technology that Marqeta brings…
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Navigating EU Data Act Changes with SteelEye
In today’s digital era, data is both a valuable asset and a regulatory minefield. Managing digital communications and archives effectively is crucial for businesses. Two recent developments have brought the evolving challenges and opportunities into sharp focus. Leading the charge in helping businesses navigate this complex landscape is SteelEye, a firm specialising in compliance technology.…
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Combatting Injection Attacks in Identity Verification
In a world that’s becoming increasingly digital, identity verification (IDV) platforms have become integral to our online interactions. From financial transactions to social media, these platforms provide a secure layer that protects our identities. However, this digital fortress is not impregnable. Fraudsters have upped their game, employing more sophisticated tactics to exploit vulnerabilities in these…
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Cryptocurrency Boom Sparks Global Financial Concerns
The swift growth of cryptocurrencies and their escalating involvement with traditional financial systems is raising eyebrows at the upper levels of global financial regulation. The outgoing chair of the Financial Stability Board (FSB), Klaas Knot, expressed serious cryptocurrency boom concerns at a Madrid event. He suggested that the rising influence of cryptocurrencies is at a…
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Fundraising News of Sunday, 15 June
In today’s fundraising news, German fintech RIIICO secured €4.3 million in seed funding, while Swedish energy startup Engrate raised €2.5 million. Meanwhile, Slovenian Sunrise Robotics emerged from stealth with €7.3 million. In the EdTech sector, German startup Knowunity secured €27 million for AI tutor expansion. Stay tuned for more detailed updates on these exciting developments…
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Mercurity Fintech to Establish £800m Bitcoin Treasury
In a significant development, Mercurity Fintech Holding Inc, a premier digital fintech group specializing in blockchain-based financial infrastructure, has declared its plan to raise an impressive $800 million. This fund is intended for the establishment of a long-term Bitcoin treasury reserve, marking a crucial step in the company’s strategy. The move to set up a…
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SBI Ven Capital Invests €1M in Colossus
In an exciting development for the crypto world, SBI Ven Capital has invested €1 million in Colossus Digital. This move is part of a bridge round intended to expedite the deployment of the company’s Institutional Hub. As a result, this platform will connect regulated custodians with top validators for staking and governance within the crypto…
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Worldpay and Visa Strategic Partnership
In a bid to aid merchants in reducing fraud, Worldpay has recently teamed up with Visa, enhancing the former’s 3D Secure (3DS) solution, 3DS Flex. This collaboration is a significant move in the fintech industry, with the primary goal of enhancing the customer experience through improved authorisations. 3DS Flex, developed by Worldpay, is a tool…
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Ethereum’s Resurgence Fuels Corporate Crypto
The recent resurgence of Ethereum (ETH) and the increasing trend of corporate accumulation of digital assets, especially corporate crypto Ethereum, are the focus of a new crypto report. This report, moreover, sheds light on the potential risks associated with leveraged positions within the industry. These insights, provided by CoinGecko, offer a valuable perspective on the…
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Understanding US Middle Market Private Equity Trends
The latest Q1 2025 US PE Middle Market Report from PitchBook offers a detailed look at the trends shaping private equity (PE) investment in the US middle market. This sector holds a significant place in the broader PE landscape. For example, the report provides a thorough overview of deal activity, exits, fundraising, and the macroeconomic…
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Citigroup Insights into Asset Servicing and Asian
In the ever-evolving financial landscape, new insights from Citigroup have come to the fore. These pertain to two major areas that are moulding global markets: the transformation of asset servicing and the economic dynamics of Asia’s export-driven economies. The comprehensive reports illuminate the forces driving post-trade operations and the potential risks facing Asia’s economies. One…
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Surge in AI-Powered Fraud in Asia-Pacific’s Digital
The Asia-Pacific region is experiencing a significant surge in fraud within the digital sectors, particularly in healthtech and fintech. This is according to a report by Sumsub. The surge involves sophisticated fraudulent tactics such as deepfakes and synthetic identity documents, causing serious concern. For example, the healthtech sector has seen the largest year-on-year rise in…
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Understanding the CLARITY Act’s Impact on Digital
The CLARITY Act (HR 3633) is gaining momentum in the House. A recent hearing discussed its potential impact on the future of digital assets. The legislation aims to establish a robust regulatory ecosystem. This ecosystem will not only stimulate digital asset innovation but also offer adequate protection for consumers. Moreover, the legislation is all-encompassing. The…
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Canada’s Fintech Industry Faces Stricter Green
In a significant development for Canada’s fintech industry, companies now face stricter regulations related to environmental claims. This shift is a result of recent amendments to the Competition Act, announced by the National Crowdfunding & Fintech Association (NCFA Canada). These changes, implemented through Bill C-59 in June, hold considerable implications for all fintech businesses in…