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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Trump Media Reveals $2bn Investment in Bitcoin
US-based firm Trump Media (Nasdaq, NYSE Texas: DJT) recently revealed a major enhancement to its financial portfolio. They now possess $2 billion in Bitcoin and Bitcoin-related securities. The specifics of these securities, however, remain undisclosed. In the early part of this year, Trump Media declared its plan to incorporate a Bitcoin treasury strategy. This recent…
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Fundraising News of Monday 21 July
US-based firm, Boulevard, successfully raised $80 million in a Series D funding round for its business management software platform. JMI Equity led the round. In a separate development, Amsterdam’s Recharge, a prepaid payments platform, merged with Singapore’s Coda. This merger enhances their digital content monetisation capabilities. On another note, UK tech startup TRIFFT Loyalty secured…
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Chainalysis Report Highlights 2021 Crypto Transformations
This year, the cryptocurrency and web3 ecosystem has seen major changes, as Chainalysis reports indicate. Record-breaking thefts, landmark U.S. legislation, and a high-profile case of insider misconduct have driven these changes. These incidents highlight the need for effective regulation and compliance in the digital assets sector. Chainalysis, a blockchain analysis leader, has kept a keen…
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Partners Group’s European Lending Program Hits €1bn Milestone
The latest European direct lending program by Swiss-based private markets investment manager, Partners Group, has hit a landmark. It has reportedly gathered over €1 billion at its initial close in June 2025. This remarkable accomplishment reflects the high interest and commitment in the European direct lending landscape. The program’s design includes commitments to a traditional…
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Fintech Sector Resilient Amid JPMorgan Data Access Charges
The fintech sector shows impressive resilience in a turbulent environment. This resilience is evident in the increased investor interest, stricter regulatory oversight, and the industry-wide shift towards artificial intelligence. Yet, actions of established financial institutions like JPMorgan Chase point to significant challenges ahead for fintech startups. As the fintech landscape grows more competitive, large traditional…
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Fundraising News of Monday 21 July
UK-based fintech startup yetipay has secured €4 million in a debt facility round, backed by Berlin’s re:cap. This funding will help yetipay enhance its payments platform, focusing on the hospitality, retail, and services sectors. As the first UK company to access re:cap’s €125 million credit facility, yetipay aims to revolutionize payment solutions and strengthen its…
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UK Banks Set to Upgrade Payment Solutions, Report Finds
UK banks are eagerly adopting modernisation, ready to enhance their payment solutions. This is according to a report by Volante Technologies. As the digital realm of finance expands, these institutions are allocating substantial budgets to new payment platforms. This is to meet customer demands and maintain a competitive edge. The report emphasises the swift advancement…
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Vivid and Adyen Launch Instant Pay Solution for SMBs
In a strategic move, digital banking service Vivid and global payments platform Adyen have teamed up. Their collaboration has resulted in a unique card acquiring solution. It allows small to medium-sized businesses (SMBs) to accept card payments and instantly access their earnings. This development caters to the increasing demand for swift, flexible payment solutions in…
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PayPal and Venmo Boost Digital Payments with Blockchain
PayPal (NASDAQ: PYPL) and its subsidiary Venmo are enhancing their digital payments sector presence. They’re not only facilitating digital transactions but also fostering community engagement and supporting student-athletes and entrepreneurs. Recent announcements spotlight a strategic blockchain technology expansion and partnerships with college athletic conferences. Additionally, they’re renewing their commitment to social impact through new initiatives.…
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Coda set to acquire Recharge in global expansion bid
Coda, a Singapore-based digital content monetization platform, intends to acquire Recharge, an Amsterdam-based prepaid payments firm. The goal? To boost their global influence in the business-to-business (B2B) and business-to-consumer (B2C) markets. This acquisition marks a significant stride for Coda, a prominent figure in the digital content monetization sector. By integrating Recharge, a leader in prepaid…
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Remitly to Revolutionise Fintech with AI Integration
Remitly, a leading international payments company, has revealed plans to incorporate artificial intelligence (AI) into its operations. This significant step in the fintech industry aims to streamline Remitly’s operations and enhance customer experience. Remitly’s CEO, Matt Oppenheimer, expressed in a letter on July 17, 2025, the company’s recognition of AI as a transformative tool. Therefore,…
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Consensys Report Hails Ethereum as Trustware Foundation
Blockchain giant, Consensys, recently released an innovative report called “The Industrialization of Trust.” The report praises Ethereum as the basis of a fascinating digital trust era. It introduces “Trustware,” a unique infrastructure set to revolutionize trust creation, management, and scalability in the digital world. The report portrays Ethereum as a crucial player in advancing this…
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June Retail Sales Rebound Despite Economic Uncertainties
In a turn of events, retail sales in June experienced a strong rebound, as reported by ABA Banking Journal. This encouraging trend occurred despite recent softening and apprehension over price increases. Consequently, consumer spending was robust over the month, a significant factor in the resurgence of retail sales. Such a rebound is noteworthy, given the…
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ABA Backs CFPB’s Small-Business Lending Data Rule Revamp
The ABA (American Bankers Association) backs the CFPB’s (Consumer Financial Protection Bureau) proposal to revise its small-business lending data rule. In a recent letter, the association also proposed key modifications to ease the compliance burden on banks. The ABA’s suggestions aim to simplify the rule without compromising its effectiveness. The primary goal is to ease…
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Crypto Market Recovers Impressively in Q2 2025, Says Report
In the second quarter of 2025, the cryptocurrency market bounced back impressively, according to the CoinGecko 2025 Q2 Crypto Industry Report. This comeback came after a tough first quarter, showcasing the cryptocurrency market’s resilience and dynamic nature. With a 24.0% surge, the total crypto market capitalisation recovered by a hefty $663.6 billion. The price surge…
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CoinList Launches Mobile App for Seamless Crypto Trading
CoinList, a prominent cryptocurrency token sales and trading platform, made substantial progress this year. These improvements solidify CoinList’s place as an essential hub for early web3 and digital asset enthusiasts. The most notable upgrade is the launch of a mobile app. Strategically rolling out the mobile app enables CoinList users to interact with the platform…
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UK Tops Europe in Card-Not-Present Fraud Levels
The recent FICO European Fraud Map 2024 data reveals a worrying rise in card fraud levels and losses across Europe. It analyses data from Euromonitor International covering 18 countries, emphasising the dominance of card-not-present (CNP) fraud in card fraud losses. It also highlights a significant rise in most countries. The UK, notably, emerges as the…
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Elon Musk’s Twitter Revamp Set to Revolutionise Digital Finance
X, formerly Twitter, is on the cusp of a major overhaul, courtesy of tech titan Elon Musk. Musk envisions in-app trading and investment features that will morph X into a “super app”. Not long ago, X’s ex-CEO, Linda Yaccarino, broadcasted these imminent alterations. She underscored the smooth incorporation of financial services into the platform. Consequently,…
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Heka Secures £14m for AI-Driven Fraud Prevention Expansion
In a bid to strengthen defences against synthetic fraud and identity manipulation, Heka, a fraud prevention fintech, has announced a $14 million investment round. The round was backed by Windare Ventures, Barclays, and other institutional investors. This funding will significantly aid Heka’s planned expansion into the U.S. market. Synthetic fraud and identity manipulation are increasingly…
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Crypto Acts Green-Lit in House Boost Industry Outlook
The crypto space has recently witnessed major developments. Three significant cryptocurrency acts have received approval in the House of Representatives. These include the much-talked-about GENIUS act, which focuses on payment stablecoins. Now, it’s on its way to the President’s desk for final approval. Indeed, these events mark a substantial leap for the crypto industry. The…