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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Stamp Duty Changes Boost UK Housing Market and Reduce Fraud
The UK housing market has been in the spotlight this year, with a significant increase in its activity. According to an update from UK Finance, this surge is largely attributed to the changes impinged on stamp duty thresholds. The organization’s findings are a strong indicator of the potent influence tax reforms can have on market…
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Revolutionizing Fintech: The Transcard and Thredd AI Partnership
Transcard, a booming player in the fintech industry, announced a pivotal partnership with Thredd AI that is set to take the global market by storm. This strategic alliance is designed to foster the exponential expansion of the SMART Suite – a unique, fully automated, AI-embedded payment orchestration platform. This technological marvel has recently debuted in…
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PayPal Expands into In-Store Payments: A Win for Global Commerce
As technology keeps evolving, online payment platforms such as PayPal are crucial connectors for businesses and consumers worldwide. More recently, PayPal has made headlines by securing strategic partnerships with multiple Germany-based businesses. This initiative reflects the company’s broader strategy to expand into in-store payments across the world. This move comes on the heels of an…
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Guarding Crypto Assets: Navigating Scams & Security with SlowMist
In the ever-evolving landscape of fintech, cryptocurrency users continue to face an array of sophisticated scams and vulnerabilities. One company that is working diligently to mitigate these risks is blockchain security firm SlowMist. They have recently spotlighted some of the most critical threats to crypto users, ranging from complex social engineering scams and malicious browser…
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Understanding Inflation-Adjusted Debt Growth
Rising costs and high-interest rates have proven to be an increased challenge for many consumers, who in turn, rely heavily on credit products to stay afloat. However, recent analysis by TransUnion (NYSE: TRU), a leading global information and insights company, suggests that the growth in credit balance might not be as extensive as perceived. Contrary…
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Alph.AI: Innovating Cryptocurrency Trading with AI-…
Alph.AI, a new cryptocurrency startup, has successfully raised $2 million in a strategic funding round led by prominent crypto exchange, Bitrue. The innovative venture targets the emergent meme coin market with an exclusive, all-in-one trading platform designed to cater to the needs and preferences of retail traders. Resolver to disrupt the existing trading scene, Alph.AI…
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HKMA and HKUST Business School Partner to Advance…
The Hong Kong Monetary Authority (HKMA) and the School of Business and Management at the Hong Kong University of Science and Technology (HKUST Business School) have announced a strategic partnership. Both institutions signed a memorandum of understanding (MoU) to collaborate on advancing cybersecurity research within the financial sector. Cyber risks are emerging as the biggest…
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Exploring the Rising Potential of the Latvian Real Estate…
Estateguru recently reported increased activity and steady investor returns in the Latvian real estate market. Thanks to falling interest rates, a dynamic new-build sector, and competitive pricing, the real estate scene in Latvia is fast becoming a hotbed for steady investment returns. The reduction of interest rates is among the major driving forces attracting investors…
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The Rise of Rentvesting: How Young Australians are…
According to a study conducted by digital bank Ubank, a significant shift is happening in the Australian housing market as young renters consider buying homes instead. This phenomenon, dubbed “rentvesting,” has emerged due to the rising cost of rent, which is steadily approaching the cost of mortgage repayments. Ubank’s comprehensive research was carried out by…
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Transforming the Payments Landscape: The Rise of mPOS and…
The payments landscape is undergoing a transformative shift, largely driven by the rapidly emerging mobile point-of-sale (mPOS) and software point-of-sale (SoftPOS) technologies. These solutions are overhauling the traditional concept of transactions and bolstering the growth of a more inclusive digital financial ecosystem. Juniper Research recently released a comprehensive whitepaper, From Hardware to Everywhere: The Rise…
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Accelerating Digital Adoption: A Path to Boosting SME…
Recent research by global small business platform Xero in partnership with the New Zealand Institute of Economic Research (NZIER) has pointed out that slow digitalisation is a major factor hindering the productivity gains of small and medium-sized enterprises (SMEs) in New Zealand. These findings augur an urgent need to accelerate the adoption of digital technologies…
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Snorkel AI’s Journey to a $1.3 Billion Valuation: A Deep…
Snorkel AI, a leading provider of artificial intelligence (AI) data tools, has successfully closed its Series D round of funding with a whopping $100 million. This milestone puts the company at a staggering $1.3 billion valuation, signifying their growing dominance in the machine learning space. The funding round was superintended by Addition, joined by Prosperity7…
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EquityMultiple Expands Real Estate Portfolio Through…
Renowned real estate investment firm, EquityMultiple, recently acquired sizeable loan support from leading digital bank for entrepreneurs, OakNorth. This was a strategic move to secure funding for the acquisition and inevitable development of a new real estate site. Founded back in 2015 by Charles Clinton and Marious Sjulsen, EquityMultiple focuses on creating investor wealth through…
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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…