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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DDC Enterprise and Animoca Brands Partner to Manage $100M Bitcoin Assets
DDC Enterprise Limited, a Fintech firm, is teaming up with the Hong Kong-based gaming company Animoca Brands to handle $100M in Bitcoin assets. They recently announced a non-binding memorandum of understanding (MoU) to devise strategies to increase the yield from Animoca’s Bitcoin holdings and manage the associated risks. As the digital economy grows, Bitcoin and…
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Danantara Indonesia and JBIC Team Up for Green Growth
Danantara Indonesia recently announced a partnership with Japan Bank for International Cooperation (JBIC). The goal is to stimulate investment in renewable energy and infrastructure, thereby aiding Indonesia’s transition to a green, digitally connected economy. It’s a significant development in the fintech sector, fostering sustainable and digital progress. They formalised the partnership through a memorandum of…
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ESMA Warns EU Crypto Firms Against Misleading Customers
The European Securities and Markets Authority (ESMA) has issued a stern warning to crypto-asset service providers (CASPs) across the European Union. The regulator is cautioning these firms about misleading customers regarding their products’ scope under the new crypto regulations. This warning follows ESMA’s observation of potential misinformation from some crypto companies. It clearly signals the…
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Fintech Startups Thrive with Remote-First Strategies
The ongoing debate on return-to-office mandates is causing friction among traditional financial institutions. However, many early-stage fintech startups are choosing a different path. They are embracing remote-first operations, aiming to use this as a strategic advantage to redefine innovation in the fintech sector. Dr. Mark Ma from the University of Pittsburgh led a new research.…
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Pacaso Reshapes Luxury Property Ownership Norms
Pacaso, a digital marketplace for luxury vacation home co-ownership, is shaking up traditional real estate norms. Launched in 2020, its unique co-ownership model is sparking this revolution. Founded by former Zillow executives Austin Allison and Spencer Rascoff, Pacaso is charging ahead with rapid expansion. The company’s unique model allows individuals to co-own luxury holiday homes,…
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Crypto Acts Clarity and GENIUS Set for Vote Next Week
Next week, the crypto space eagerly awaits two significant votes. The Clarity Act and the GENIUS Act are poised to move forward. This could herald a new era of cryptocurrency regulation. After the vote, the legislation will head to the President’s desk for signing. The Republican-controlled Congress has promised to regulate the growing crypto sector.…
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Australia’s Central Bank Begins Major Tokenisation Pilot
In a noteworthy development, Australia’s central bank and a government-backed research centre have teamed up to launch a significant tokenisation pilot. The goal of this initiative is to test digital settlement systems for tokenised assets. Remarkably, they’ve chosen 24 industry participants for this trial. Tokenisation refers to the process of converting an asset’s value into…
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Amazon Payment Services Teams Up with Tamara for BNPL Options
Amazon Payment Services recently partnered with Tamara. This collaboration enhances Buy Now Pay Later (BNPL) options for Middle East and North Africa (MENA) merchants. It provides consumers with flexible payment solutions, creating opportunities for businesses in the MENA region. BNPL offerings are gaining popularity worldwide, following a growing industry trend. They offer convenient payment plans,…
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Visa Unveils AI Strategy to Combat Scams in New Zealand
Visa (NYSE:V), a global leader in digital payments, is taking a stand against AI scammers. They recently announced a robust security strategy for New Zealand, a country experiencing a surge in AI-based scams. The strategy’s primary objective is to modernize security measures with more cutting-edge and effective solutions. The Security Roadmap from Visa, a three-year…
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Clarity AI Acquires ecolytiq Bolstering Sustainability Sector
Clarity AI, a leading force in technology and AI for sustainability, recently announced its acquisition of ecolytiq. Known worldwide, ecolytiq provides in-app climate engagement solutions for financial institutions. This acquisition significantly strengthens Clarity AI’s position in the sustainability sector. Clarity AI strategically acquired ecolytiq to broaden its influence and capabilities in the AI technology and…
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Okoora and DashDevs Partner to Streamline FX Functionality
Okoora has teamed up with DashDevs in a strategic partnership set to revolutionize the global foreign exchange (FX) infrastructure. The goal is to streamline embedded foreign exchange functionality within digital financial products. This partnership marks a significant step in enhancing the FX platform, offering more efficient and accessible solutions for fintech companies. Okoora’s FX360 engine,…
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SIX and Banque Pictet Pilot Tokenisation of Corporate Debt
Swiss financial services provider SIX and private bank Banque Pictet & Cie SA have successfully completed a pioneering pilot project. The joint initiative focused on the tokenization and fractionalisation of corporate debt instruments. The fractionalized assets were then allocated to portfolios managed by Pictet Asset Management SA. The innovative project exemplifies the potential of tokenized…
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Gradient Labs Bags $13M to Boost AI in Regulated Industries
Recently, UK-based artificial intelligence (AI) company, Gradient Labs, bagged $13 million in Series A funding. The investment round, led by Redpoint Ventures, also saw participation from Localglobe, Puzzle Ventures, Liquid 2 Ventures, and Exceptional Capital. This funding is a significant milestone for Gradient Labs as it targets expansion into highly regulated industries. Gradient Labs aims…
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Crypto.com Boosts Support for TON Foundation’s Growth
Crypto.com is enhancing its support for The Open Network (TON) Foundation. This move solidifies the cryptocurrency infrastructure and fosters TON’s ecosystem growth. In this collaboration, TON Foundation not only partners with Crypto.com Custody but also becomes its client. This strategic alliance offers TON Foundation access to institutional-grade custody solutions for TON Blockchain assets. Consequently, it…
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KPMG Report Suggests Cautious Optimism for UK Economy
Recent reports from KPMG suggest that the UK economy is at a crucial juncture. The reports highlight pivotal developments in banking regulation, consumer sentiment, and credit conditions. The findings hint at cautious optimism amid the ongoing economic challenges. The implications of these developments are far-reaching, affecting policymakers, businesses, and households alike. One of the core…
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Fintech Firm Ziglu Enters Special Administration
UK fintech firm Ziglu now finds itself under special administration, a sign of severe financial distress. This digital banking and cryptocurrency platform was founded by Mark Hipperson, a former co-founder of Starling Bank. Ziglu’s unexpected shift into special administration comes as a shock, given its previous standing as a prominent fintech startup. With multiple investment…
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Tali Ventures Backs Tarmeez Capital, Boosts Saudi Fintech
stc group‘s venture capital arm, Tali Ventures, has made a strategic investment in Tarmeez Capital. This significant move boosts the Saudi Arabian fintech sector, especially in the sukuk and debt instruments space. This sector plays a crucial role in the Kingdom’s capital markets, set to grow with this investment. Tali Ventures’ investment leads a funding…
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Nubank’s Mexico Milestones Reinforce Latin America Dominance
Nubank (NYSE: NU), a global digital financial services powerhouse, is transforming Latin America’s financial scene. It’s worth noting Nubank’s recent achievements in Mexico and key leadership appointments that mirror its extensive operations and revenue. Serving proudly over 118 million customers in Brazil, Nubank’s robust growth strategy and dedication to innovative digital financial solutions are evident.…
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Fundrise CEO Discusses Retail Access to Private Securities
Recently, Fundrise‘s founder and CEO, Ben Miller, appeared on CNBC. He discussed the growing industry of retail access to private securities, often issued under the Reg D exemption. This exemption requires an investor to be “Accredited”, meaning they earn over $200,000 a year. Fundrise, Miller’s company, has made a significant mark in this field. They’ve…
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Crypto Theft Hits Record $2.1bn in First Half of 2025
In the first half of 2025, the cryptocurrency industry suffered a severe blow. A record-breaking $2.1 billion was stolen through 75 unique hacks and exploits. TRM Labs reported this grim milestone, which tops the previous first-half-year record set in 2022. These figures highlight the escalating threat to digital assets and the increasing sophistication of the…