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.
-
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…
-
FCA Slaps £46m Fines on Neil Woodford and WIM
In a recent development, the Financial Conduct Authority (FCA) has imposed nearly £46m worth of fines on both Neil Woodford and Woodford Investment Management (WIM). The penalties are due to their mishandling of the Woodford Equity Income Fund (WEIF). The FCA’s enforcement action comes after careful evaluation of the fund management practices of both parties.…
-
FCA Introduces New Rules to Safeguard Consumer Funds
As of May 2026, users of payment firms can expect improved protection due to the Financial Conduct Authority (FCA)‘s new rules. These regulations aim to protect consumer funds by separating them from the firm’s assets. The main aim of these changes is to reassure consumers about the safety of their money during transactions. The rules…
-
IP Strategy: The Success Key for Fintech Startups
Entering the Fintech market poses a significant challenge for startups and investors. For each successful fintech startup, three others fail. This ratio is partially due to increased scrutiny from both state and federal governments. Fintech platforms, products, and services are under close observation, and varying regulatory approaches make this landscape complex. However, in this tough…
-
Tokenization Pioneers a Revolution in Digital Finance
The world of digital assets is currently undergoing a significant transformation. Leading this change is Tokenization, a groundbreaking technological advancement. Today, it’s seen as a key driver for digital finance progress, even surpassing the influence of blockchain or distributed ledger technology (DLT). Tokenization is the process of converting physical assets into digital tokens on a…
-
UPay Report Forecasts Growth in Digital Wallet Use by 2025
With the rise in digital transactions, the use of virtual cards and digital wallets has witnessed a significant upsurge. This trend is meticulously charted in the latest 2025 Global Digital Payments Report released by UPay. The report offers a comprehensive overview of the use of these payment methods and predicts their future growth. The past…
-
UAE Cyber Security Council Warns of Wi-Fi Breach Surge
The United Arab Emirates’ Cyber Security Council has sounded the alarm on a surge in Wi-Fi network breaches. They revealed on Sunday that over 12,000 security breaches have plagued the country’s Wi-Fi networks since the year’s start. Alarmingly, these breaches account for roughly 35% of all UAE cyberattacks in 2025. Such a significant uptick in…
-
Blockchain’s Impact on Global Finance and Tech Explored
Blockchain technology is revolutionising the global financial and technological terrain. A recent analysis by a16zcrypto underlines the transformative power of blockchain. It positions blockchain as a potent force that could change our understanding of ownership, economic structures, and settlement. According to the analysis, the most notable features of blockchain are its inherent programmability and openness.…
-
YouHodler’s Ruslan Lienkha Discusses Crypto Trends
In a recent Q&A, YouHodler’s Chief of Markets, Ruslan Lienkha, explored the latest trends in the fast-paced cryptocurrency realm. He discussed key points such as the recent performance of Bitcoin and Solana, and the crypto market’s resilience. Bitcoin, the premier cryptocurrency, experienced a mere 8% correction after its latest peak. This is noticeably less than…
-
Midas Secures Record $80M in Series B Funding Round
Midas, a Turkish investment platform, recently broke records by securing $80 million in its Series B funding round. This impressive feat brings the fintech firm’s total funds to over $140 million, marking the region’s largest fintech fundraising. Thanks to the new funding, Midas aims to expand its offerings and bolster its security infrastructure. These steps…
-
Cautious Optimism in US IPO Market for VC-Backed Firms
The U.S. initial public offering (IPO) market for venture capital (VC)-backed businesses, according to a recent report, is showing signs of cautious optimism. The PitchBook‘s Q3 2025 Analyst Note, titled ‘Navigating the New Standards for VC-Backed IPOs’ has provided these insights. Nonetheless, the analysis points out that several substantial hurdles still exist. The study draws…
-
Pattern Group Files for US IPO After 35% Revenue Boost
Pattern Group, a Utah-based e-commerce accelerator, has filed for a US initial public offering (IPO). This decision follows a 35% revenue surge in the first half of 2025. The $47 million net income also highlights the firm’s strong financial standing. Playing a key role in helping brands scale on global online marketplaces, Pattern Group’s strategic…
-
Tokenisation of Real World Assets Revolutionises Finance
Real World Assets (RWAs) tokenization is radically transforming the financial landscape. This innovative approach involves converting assets like real estate, commodities, and securities into digital tokens on blockchain networks. It’s effectively bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). Tokenization opens up a host of new opportunities. It enhances efficiency, transparency, and…