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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Fundraising News of Wednesday, 25 June
The fintech and crypto sectors witnessed significant fundraising activities today. Abridge, a US-based AI note-taking startup, raised $300M in a …
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SEC Chair Eyes US as Global Cryptocurrency Leader
In an intriguing development in the global financial arena, Paul Atkins, the newly appointed Securities and Exchange Commission (SEC) Chair, …
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Elon Musk’s X Platform to Launch In-App Trading Features
In a significant development, Elon Musk’s X Platform is gearing up to launch in-app trading features. This move is part …
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Zopa Unveils Biscuit Account with High Interest Rates
UK-based digital bank Zopa has introduced a new service, named “Biscuit”. On its journey to becoming the “home of money”, …
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Dino Draghi Appointed as Akur8’s New Head of Brazil
Akur8, a solution for insurance pricing and reserving powered by transparent machine learning, is bolstering its strategic commitment to …
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British Business Bank to Boost Startups with £6.6bn Injection
Recently, the British Business Bank announced plans to inject £6.6 billion into early-stage companies. This startup funding boost targets innovative …
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Ares Management Launches First European Long-Term Investment Fund
The global alternative investment manager, Ares Management Corporation (NYSE: ARES), recently launched its first European Long-Term Investment Fund (ELTIF). This …
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Bank of England Boosts Transparency and Global Standards
The Bank of England (BoE) has taken impressive steps forward in its bid to enhance transparency, reinforce global financial standards, …
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UK Economy Gains Momentum as Sectors Grow in May
May has proven to be a fruitful month for the economy, with more sectors displaying increased activity levels. This information …
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Trump’s Truth Social Plans Bitcoin and Ethereum ETF
Truth Social, a branch of Trump Media (NASDAQ:DJT), recently submitted an application to the US Securities and Exchange …
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Folk2Folk P2P Lender Pays Record £17.32m Interest
The UK-based peer-to-peer lender, Folk2Folk, announced a record-breaking £17.32 million in interest payments for the 2024/2025 tax year. This …
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Rede Partners Report Highlights Importance of NAV Financing
In a rapidly changing private equity landscape, the crucial role of Net Asset Value (NAV) financing is becoming increasingly apparent. …
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Young Investors Prefer Bitcoin to Gold, deVere Survey Shows
A recent international survey conducted by deVere Group revealed a notable shift in investment preferences among young investors. The data …
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Vyntra: New Fintech Tool Promises Improved Banking Compliance
In the fintech industry, the launch of a new tool named Vyntra stands out. Designed to enhance banking compliance, it …
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Etraveli Group Teams Up with Mastercard for Secure Payments
In a significant development, Etraveli Group has joined forces with Mastercard to enhance its product, PRECISION. The primary aim is …
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Gen Z Australians Boost Savings with CommBank App Tools
Recently, data has uncovered a fascinating trend among Gen Z Australian consumers. More precisely, those aged between 18-25 are using …
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HKMA and PBoC Launch Pioneering Payment Connect System
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) recently unveiled a revolutionary payment connect system, …
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Indiana Farm Bureau Insurance Chooses Akur8 for Pricing Models
Akur8 is a prominent player in the insurance pricing and reserving sector. Indiana Farm Bureau Insurance has recently chosen Akur8 …
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OurCrowd Urges Investment in Israel’s Startups Amid Conflict
Despite the escalating conflict in the Middle East, OurCrowd affirms that now is the optimal time for Israel startup investment. …
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Zellis Group Acquires Hastee to Boost Financial Wellbeing Offerings
Recently, the UK-based Zellis Group, a leading provider of AI-enabled HR, workforce management, payroll, and benefits, announced the acquisition …