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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Fairmint Paves Way for Tokenized Stocks in Fintech Sector
The fintech sector is evolving, with companies like Robinhood, Coinbase, and Kraken creating a splash with their tokenized stocks focus. At the forefront of this evolution is Fairmint, reportedly developing the necessary infrastructure. Fairmint’s CEO and co-founder, Joris Delanoue, recently shed light on tokenization trends. His insights offer a peek into the dynamic world of…
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Revolut’s Banking License Delay Stirs UK Fintech Concerns
Widely regarded as highly advanced, the UK fintech sector faces a dilemma that could undermine its pro-business reputation. The issue at hand involves global fintech firm Revolut. Revolut’s prolonged wait for its banking license has sparked industry tensions. This delay raises concerns about its potential impact on the UK’s fintech sector and reputation. Known for…
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Monzo Harnesses Data to Boost Fraud Prevention and Service
With a strong commitment to enhancing customer experiences and operational efficiency, Monzo, the UK’s digital bank, is making strides by leveraging data strategies. Their data-driven approach is not only driving product development but is also forming the backbone of their new, reactive fraud prevention platform. Fraud prevention is a significant concern for any financial institution,…
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US and UK Lead in Crypto Growth Predicts GlobalData
According to a recent update from GlobalData, by 2025, the US and the UK will experience the “fastest growths” in cryptocurrency adoption. This rapid growth owes much to the sector’s “mainstream promotion and supportive institutional and regulatory sentiment in the West.” Although the US and UK currently lag behind many emerging economies in digital asset…
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Circle Bolsters UK Stablecoin Adoption with Hyperliquid Integration
Circle, a prominent digital assets firm, is paving the way for blockchain-based financial systems. Its regulated stablecoin, USDC, is central to this mission. Circle’s recent initiatives, which promote regulatory clarity in the UK, have been warmly received. Circle’s emphasis on regulatory clarity complements the UK’s efforts to establish a regulatory framework for stablecoins and other…
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Gemini Expands Tokenized Stock Range in EU with AMD, Reddit, GameStop
Gemini, a digital assets firm, is expanding its tokenized stock offerings in the European Union. Known for its cryptocurrency exchange and custodial services, the company recently introduced new tokenized stocks, or dShares. These include prominent names like Advanced Micro Devices (AMD), Reddit, and GameStop. Tokenized stocks are a new concept in the digital assets world,…
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Fundraising News for August 03, 2025
Recently, the fintech sector has seen a flurry of fundraising activity. For example, expense management startup, Ramp, secured a substantial $500 million in a Series E-2 funding round, skyrocketing its valuation to an impressive $22.5 billion. In another development, Latvian biometric startup, Handwave, raised €3.6 million in Seed funding, aiming to enhance its palm-based payment…
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Onbe and Allied Solutions Revolutionise Auto Refunds
Onbe, a top corporate payouts platform, and B2B financial services provider Allied Solutions have formed a significant partnership. This alliance aims to transform the automotive refund process for diverse stakeholders, including financial institutions, finance companies, dealerships, and clients. Specifically, the partnership targets the refund process after aftermarket product cancellations. This area needs substantial modernisation. The…
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Saudi Real Estate Refinance and Bank Albilad Seal Deal
The Saudi Real Estate Refinance Company (SRC), owned entirely by the Public Investment Fund (PIF), has signed an agreement with Bank Albilad. This significant step aims to strengthen the residential mortgage market in the Kingdom. It also targets enhancing liquidity, thereby promoting sector growth and stability. Bank Albilad, a leading figure in the Saudi banking…
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Bank of England Launches Initiatives for Financial Stability
The Bank of England (BoE) and its Prudential Regulation Authority (PRA) have launched a range of initiatives designed to promote competition, bolster financial stability, and update the UK’s financial infrastructure. This reflects the BoE’s dedication to balancing economic growth with regulatory oversight. These measures, packed with potential, are a significant step in fostering an environment…
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Checkout.com and Visa Partner to Boost Travel Sector Efficiency
A new partnership between Checkout.com and Visa is set to enhance treasury efficiency for merchants in the travel sector. This collaboration aims to enable comprehensive card issuing capabilities for merchants across the UK and Europe. With an ever-evolving digital landscape, businesses are constantly seeking innovative solutions to streamline their operations. In the travel sector, efficient…
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Remitly Launches QR Code-Based Cash Pickups in Mexico
Remitly, a top digital remittance provider, is enhancing the remittance process for users in Mexico. They’ve launched QR code-based cash pickups, now available at Elektra and Banco Azteca locations nationwide. Quick Response (QR) codes, readable by smartphones, are two-dimensional barcodes. They can store various types of information, from website URLs to product details, making them…
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Ethereum’s Value Soars by 50% in July 2025
Ethereum, a leading smart contract blockchain, witnessed a notable value surge in July 2025. This surge strengthens its position in the digital asset ecosystem. Grayscale’s market commentary reveals that Ethereum’s native token, Ether (ETH), experienced a near 50% value increase in the same month. Several factors led to this value surge. Mainly, the growth and…
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Bondora Group Achieves Key Investment Milestone in May 2025
In the ever-growing realm of online investing and peer-to-peer (P2P) lending, Bondora Group is pushing the boundaries. This European fintech company has been setting new standards for innovation, transparency, and trust among investors. May 2025, in particular, was a significant month for Bondora, marking a crucial milestone in its journey. The key achievement came from…
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AI Industry Booms in Q2 2025 with Record M&As and Rising Valuations
The “State of AI Q2’25 Report” by CB Insights reveals a swift transformation in the artificial intelligence (AI) industry. The second quarter of 2025 stands out as a period of high activity, marked by record-breaking mergers and acquisitions (M&A), skyrocketing valuations, and the ascent of AI agents. These elements collectively redefine the technological landscape. One…
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FCA Opens Crypto ETNs to UK Retail Investors
The UK Financial Conduct Authority (FCA) has introduced a significant update to its regulations. This update allows retail investors to access crypto exchange-traded notes (cETNs). The FCA, the regulatory body for UK financial markets, recently made this decision. This move suggests a shift towards more flexibility in the crypto investment landscape. Exchange-traded notes (ETNs) are…
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Gen Z Takes Charge of Financial Health, Bank of America Reports
Gen Z, the demographic aged 18-28, is realizing that adulthood costs more than they expected. Consequently, about three quarters are taking action to better their financial health, according to a recent report. This new research, titled ‘Better Money Habits’, comes courtesy of Bank of America (NYSE: BAC). The report sheds light on the financial hurdles…
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Fundraising News for August 01, 2025
Several fintech companies have recently secured significant funding. Ramp, an expense management startup, has impressively bagged $500M in a Series E-2 round, raising its valuation to a hefty $22.5 billion. In contrast, Substack, a newsletter platform, has secured $100M in undisclosed funding, boosting its valuation to a commendable $1.1 billion. Simultaneously, TACEO, an Austria-based startup…
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EazyPay Launches Mastercard Receivables Manager in Bahrain
EazyPay has pioneered a significant fintech advancement by launching Mastercard Receivables Manager in Bahrain. This move makes EazyPay the first acquirer to use this solution, aiming to improve virtual card payment processes for businesses. Consequently, Bahrain businesses can now utilise an enhanced payment processing system. This major technological leap, initiated by EazyPay, holds benefits not…
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LendingClub Surges on Q2 2025 Earnings Beat and Revenue Growth
The US-based digital bank, LendingClub (NYSE:LC), has outperformed earnings expectations in its Q2 2025 quarterly report. This achievement has triggered a surge in its share prices. Operating an online lending platform that bridges borrowers and investors, the bank has witnessed a 2% year-on-year growth in originations. Additionally, it reported a significant 33% growth in revenue.…