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.
-
Stablecoin Adoption Skyrockets in Latin America, Bitso Reports
A recent report from Bitso highlights a significant rise in stablecoin use in the fintech sector. The report, “Stablecoins Landscape in Latin America,” shows that Bitso Business, Bitso’s B2B division, experienced a doubling of stablecoin transactions between H2 2024 and H1 2025. Driving this growth are payment service providers and the gaming industry. This surge…
-
NVIDIA Shares Dip Despite Strong Quarterly Results
NVIDIA‘s (NASDAQ:NVDA) shares dipped in after-hours trading post the announcement of its quarterly results. Despite strong results, the dip happened due to anticipation of the earnings call. The company did not meet data centre revenue expectations, causing a slight dip in investor confidence, even though it exceeded expectations in other areas. Data centre revenue plays…
-
Trust Financial Planning Ltd Enters Liquidation
News just in from the British financial sector: Trust Financial Planning Ltd has entered liquidation. As of 7th August 2025, Paul Stanley and Dean Watson from Begbies Traynor (Central) LLP took on the role of joint liquidators for the struggling firm. This follows Trust Financial Planning’s voluntary compliance with requirements in March of the same…
-
Airwallex Chosen as Key Partner by Fintech Firm Pipe
Airwallex, a global payments platform for growing businesses, has recently joined forces with Pipe, a fintech firm providing embedded capital products to small businesses. This noteworthy collaboration aims to enhance Pipe’s international operations. Pipe’s choice of Airwallex highlights their commitment to using advanced fintech solutions to scale their operations. It also reinforces Airwallex’s emerging status…
-
AI M&A Boom and IPO Hope Define 2025 Tech Landscape
In the first half of 2025, the tech industry experienced an unprecedented surge. The latest State of Tech report reveals that record-breaking artificial intelligence (AI) mergers and acquisitions (M&A) now lead the tech exit landscape. Additionally, initial public offerings (IPOs) are sparking a sense of cautious optimism. Moreover, the interest in secondary transactions is also…
-
Green Dot’s Renata Caine Advocates for Stricter Fintech Regulation
The One Big Beautiful Bill Act (OBBA) has ignited a heated debate in the fintech sector. Some see it as a sign of lenient regulation, but many industry insiders argue for a stricter approach. Green Dot’s Senior Vice President and General Manager of Embedded Finance, Renata Caine, is among those advocating for tighter regulation. As…
-
UK Banks to Invest £1.8bn in AI by 2030, Zopa Reports
The UK financial sector, including Zopa, is ramping up its AI investment. A recent report suggests that by 2030, UK banks will have invested an impressive £1.8 billion into AI. This investment isn’t just about cost-cutting; it’s about staying competitive in the evolving tech landscape. AI is revolutionising the financial world, with fintechs leading the…
-
HSBC Boosts Fintech Presence with Dowsure Investment
In a significant development, HSBC Holdings Plc (NYSE: HSBC) announced a substantial investment in Dowsure, a Chinese fintech firm. This investment, part of a Series C funding round, reaffirms HSBC’s dedication to the burgeoning fintech sector. Established in 2015, Dowsure specializes in cross-border e-commerce financing. The firm provides unique financial solutions to customers and businesses,…
-
OCBC Backs $1bn Digital US CP Programme with Blockchain Tech
In a groundbreaking decision, OCBC (SGX: O39), a prominent Singaporean bank, supports a US$1 billion digital US commercial paper (CP) programme. This venture uses blockchain technology, pushing the bank towards a future where distributed ledger technology (DLT) enhances operations. OCBC’s investment aims to boost the efficiency, transparency, and security of short-term financing instruments. This move…
-
US Venture Capital Secondary Market Hits $65bn in Q2 2025
The US venture capital secondary market is gaining traction. It’s becoming a vital liquidity tool in the challenging venture landscape. The market size shows significant growth, reaching an estimated $65 billion in Q2 2025. This is up from the $60 billion in the previous quarter. PitchBook, a leading data source for private and public equity…
-
Austrac Orders Binance to Undergo External Audit
The Australian Transaction Reports and Analysis Centre (Austrac) has taken a firm stance against Binance, the world’s largest cryptocurrency exchange. Austrac is now demanding an external audit of Binance’s Australian operations, a sign of increased scrutiny in the crypto industry. In light of potential money laundering concerns, Austrac is stepping up its monitoring of cryptocurrency…
-
Gemini Expands Ripple Partnership with XRP Credit Card Launch
Gemini, a digital assets firm, recently announced several updates, enhancing its standing in the global crypto market. The firm launched the XRP Edition of its Gemini Credit Card on August 25, 2025. This step, in collaboration with Ripple, expands Gemini’s footprint in the European market. Simultaneously, the firm made Ripple’s USD-backed stablecoin more accessible. These…
-
Republic Invests in Tokenization Firm Centrifuge
The leading online capital formation platform, Republic, recently invested in tokenization firm Centrifuge. This investment underscores Republic’s commitment to digital assets and tokenization. Republic Digital, a division of the larger Republic network, spearheads the company’s venture into the burgeoning field of digital assets. Increasingly, Republic’s operations involve digital assets. This trend signifies a strategic shift…
-
Binance Dominates with 39.8% Share in CEX Market in July 2025
The Binance centralized cryptocurrency exchange (CEX) dominated the market in July 2025, commanding a 39.8% share. A recent report underscores the ongoing importance of the CEX market within the broader digital asset ecosystem. It reveals that centralized exchanges still handle billions in monthly trading volume, underlining their critical role in the industry. CEXs serve as…
-
Top Asset Firms Submit S-1 for XRP Spot ETFs
On August 22, 2025, six leading asset management firms took a significant stride in the fintech industry. Bitwise, Canary Capital, CoinShares, Franklin Templeton, 21Shares, and WisdomTree filed updated S-1 registration statements with the U.S. Securities and Exchange Commission (SEC). They did this for their proposed XRP spot exchange-traded funds (ETFs). The filing of these registrations…
-
Klarna Preps for IPO Boosting Fintech Sector Growth
Klarna, the Swedish buy-now-pay-later (BNPL) trailblazer, is gearing up for a much-anticipated initial public offering (IPO). Industry reports suggest that Klarna aims for a valuation between $12.6 billion and $13.4 billion. This move marks a significant milestone in the company’s growth strategy. Not only has Klarna been expanding its global presence, but it’s also been…
-
Dutch Bank bunq Faces €2.6M Fine Over AML Failures
The Dutch Central Bank has imposed a hefty €2.6 million fine on European digital bank bunq. This penalty stems from significant shortcomings in bunq’s anti-money laundering (AML) and counter-terrorism financing (CTF) measures. This fine underscores the increasing regulatory scrutiny faced by challenger banks. The recent announcement of the fine puts fintech firms under pressure to…
-
Coinbase Considers Adding Trump-Backed USD1 Stablecoin
Coinbase, a leading digital assets exchange, recently included World Liberty Financial’s USD1 stablecoin in its listing roadmap. This significant move marks a step towards a potential future listing. The USD1 stablecoin, linked with U.S. President Donald Trump and his family, has been drawing interest. The USD1 stablecoin’s inclusion in Coinbase’s roadmap shows the exchange’s serious…
-
BitGo Report Reveals Hidden Scarcity of Bitcoin
Bitcoin, often dubbed as digital gold, is famous for its fixed supply cap of 21 million coins. This cap, woven into its protocol to ensure scarcity, sets Bitcoin apart from traditional fiat currencies. However, a recent report from BitGo, a top-tier digital asset infrastructure, reveals an interesting fact. The actual number of bitcoins in circulation…
-
US Justice Department: Coding Cryptocurrency is Not a Crime
Marking a notable change in the cryptocurrency industry, the U.S. Department of Justice (DOJ) has clarified that writing code is not a crime. This announcement suggests a potential shift in the U.S. government’s enforcement approach in the digital currency sphere. Departing from its prior stance, the DOJ no longer treats cryptocurrency coding with suspicion. This…