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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SingWealth Secures Insurance Brokerage License in Hong…
SingWealth Holdings, a forerunner in the fintech and wealth tech space, has successfully secured an insurance brokerage license in the Hong Kong Special Administrative Region. The milestone reflects the firm’s robust strategy to extend its financial services across borders and further strengthen its presence in North Asia’s vibrant financial scene. The acquisition of the insurance…
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Transforming the Digital Payments Landscape
The payments ecosystem is witnessing groundbreaking changes, majorly influenced by the fast progression of mobile point-of-sale (mPOS) and software point-of-sale (SoftPOS) solutions. A detailed analysis in a recent whitepaper from Juniper Research titled ‘From Hardware to Everywhere: The Rise of mPOS & SoftPOS‘ sheds light on the radical transformation these systems are driving in digital…
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Accelerating Digitalisation: The Key to Boosting Productivity
New Zealand’s small and medium-sized enterprises (SMEs) could be missing out on productivity gains due to slow digitisation, according to a new report. Global small business platform, Xero, and the New Zealand Institute of Economic Research (NZIER) collaborated on the report, which advocates for accelerated digitalisation among the nation’s SMEs. The research highlights that productivity…
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Snorkel AI’s Success: Securing $100 Million in Series D…
Snorkel AI, an Artificial Intelligence (AI) data development platform, recently secured a significant $100 million Series D funding round. The investment skyrocketed the company’s valuation to an estimated $1.3 billion. Supported by leader Addition, the round also saw participation from new and existing investors. Among them, the significant contributors were Prosperity7 Ventures. Snorkel AI’s mission…
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OakNorth Bank Boosts EquityMultiple with $21 Million…
OakNorth Bank has recently provided a financial boost to EquityMultiple, the New York-based real estate investment firm and lender. The digitally-focused bank for entrepreneurs came up with a note-on-note facility to the investment firm, amounting to $21 million. Founded in 2015 by Charles Clinton and Marious Sjulsen, EquityMultiple has been disrupting the real estate sector…
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SingWealth’s Expansion into Hong Kong: The Future of…
Following a series of strategic moves in its quest for expansion, SingWealth Holdings recently marked a significant milestone by successfully securing an insurance brokerage license in the Hong Kong Special Administrative Region. This significant achievement not only expands SingWealth’s footprint beyond Singapore, but also strengthens its presence in North Asia. The acqusition of the license…
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Resurgence in VC Dealmaking within the E-commerce…
In the midst of an uncertain global financial environment, the Q1 performance of the e-commerce enablement segment is reminding industry watchers of the sector’s resilience. Contrasting most forecasts, prime VC firms recorded a surge in activity within Q1 2025 in e-commerce enablement ventures, marking a high not witnessed since before the pandemic. According to PitchBook…
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Transforming Cash Management: A Look at MillTech’s…
MillTech, a leading fintech and FX hedging specialist, has collaborated with global investment management giant, BlackRock, to roll out a groundbreaking cash management solution. This innovative service is aimed towards investment managers and international corporations who are keen on optimizing their excess cash. Given its capacity to automate cash investments, the solution serves as a…
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Tribe Payments and Finmo: Transforming Payment Systems in…
Payments technology start-up, Tribe Payments, has forged a new alliance with global Treasury Operating System (TOS), Finmo, to provide integrated payment and treasury support to banking and fintech clients in Asia-Pacific (APAC) and Europe. Tribe Payments is known for providing payment providers, including banks and fintechs, with the technology to offer innovative payment solutions. Its…
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Trump Media’s Billion-Dollar Shift Towards Bitcoin: A New…
Trump Media, listed on NASDAQ as DJT, has completed a private placement funding deal worth an impressive $2.44 billion. The captured capital will be utilized mainly for a Bitcoin treasury strategy, marking an intriguing shift for the company. Curved in two parts, namely equity capital and convertible senior notes, the financing round saw a combination…
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Understanding the Impact of Regulation A on the Fintech…
The Securities and Exchange Commission (SEC), Division of Economic and Risk Analysis (DERA), has recently published a comprehensive analysis report concerning Regulation A (Reg A). This document highlights the significant impact of this regulation on the fintech sector since it was updated under the JOBS Act of 2012. The report puts forth compelling statistics, stating…
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Velocity’s $10M Pre-seed Funding: A Giant Leap for…
This week, Velocity, a financial infrastructure firm, broke headlines with a $10M pre-seed funding round. The round was orchestrated and led by Activant Capital, with additional investment from a range of companies including Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures and Preface Ventures. Velocity is an innovative platform leveraging blockchain technology to issue and…
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Embracing Digital Transformation: How DealMaker is…
DealMaker, a tech-oriented online investment platform, profits investors an innovative solution for performing transactions with stablecoins. The development came following the announcement from CEO and co-founder Rebecca Kacaba via e-mail. DealMaker’s move towards accepting stablecoins is groundbreaking as it is triggered by the recent clarification from the Securities and Exchange Commission (SEC) stating that stablecoins…
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MFSA Enhances Sustainable Finance Investments: A Response…
The Malta Financial Services Authority (MFSA) has issued a strengthening call directed at investment firms licensed under its authority. The regulatory body seeks to enhance clarity in advice concerning sustainable finance investments, requesting companies to align their policies and processes intricately with EU rules and guidelines, specifically those that relate to customer preferences towards sustainability.…
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Significant Growth in Global Venture Capital Investments…
In this first quarter of 2025, global venture capital investments have reportedly seen significant growth, a surprising trend given the ongoing, escalating trade conflicts worldwide. The uptick in investments is highlighted in the latest Venture Pulse report from KPMG, a regular evaluator of the global venture capital market. Emerging FinTech firms have enjoyed substantial backing…
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Combating Identity Fraud: The Role of Fintech and AI in…
According to a recent report from credit monitoring agency Experian, almost £130 million worth of third-party identity fraud was halted by financial institutions in the first quarter of 2025, marking a significant increase from the £118 million recorded during the same period in the previous year. This equates to a 10% uptick in prevented fraud…
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Understanding the Impact of the 2024 LexisNexis Data Breach and the Importance of Robust Cybersecurity Measures
The data privacy spectrum witnessed a colossal blow in late 2024 due to a menacing data breach at LexisNexis Risk Solutions. A leading data broker, the company declared a security incident that exposed sensitive information of almost 364,000 people. The breach primarily occurred in December 2024 and has caused major intrigue in the data security…
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Pushing for Crowdfunding Reforms: A Critique of the ‘Big Beautiful Bill’ by CCAJP
The Coalition for Crowdfunding American Jobs and Prosperity (CCAJP) is making waves in the financial industry, decrying the recently passed ‘Big Beautiful Bill’ as a missed opportunity in tax and budget legislation. CCAJP, comprising heavy hitters like the Crowdfunding Professionals Association (CfPA) and various industry leaders, claim the bill does little to encourage crowdfunding and…
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Smart Pension’s Fresh Investment Strategy: A Breakthrough in the UK Fintech Sector
In a significant development within the UK’s fintech sector, Smart Pension, a leading workplace pension provider, has announced a fresh investment strategy. The new direction will allocate 15% of their prime growth fund towards private markets. This bold move underlines the pension provider’s commitment towards diversifying its investment portfolio and increasing offerings for members. The…
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Vault Wealth Limited: A Game-Changing Digital Wealth Platform for the MENA Region’s Affluent Individuals
FinTech company Vault Wealth Limited, a digital private wealth platform for the Middle East and North Africa (MENA) region’s affluent individuals, has announced its official public launch. The launch is accompanied by an investment round led by venture capital firm Peak XV Partners. Vault Wealth Limited sets itself apart by targeting the ‘modern affluent’ sector…