Fintech Innovation

The Web3 community recently revealed insights about Bitcoin, Ethereum, and other altcoins’ movement in the crypto market. Their analysis suggests that Bitcoin and the overall crypto market will likely undergo range-bound trading in the next six to eight weeks. They also foresee a limited upside potential in the short term. Bitcoin, the pioneer of cryptocurrencies,…

Emerging as a significant player in the world of fintech, Mesh has announced an influx of additional funding. This comes from an impressive roster of investors, including PayPal Ventures, Coinbase Ventures, Uphold, Mirana Ventures (venture partner for ByBit), SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures and CE-Ventures. Consequently, the company’s total capital has now…

PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) and Hamilton Lane (Nasdaq: HLNE) have joined forces to form PennantPark Senior Secured Loan Fund II, LLC (PSSL II). Working alongside Hamilton Lane Senior Credit Opportunities Fund, this partnership offers new investment market synergies. The creation of PSSL II marks a significant step for both companies. They aim…

The cryptocurrency market has seen many ups and downs, but for Bitget, July was a month to remember. The crypto exchange, known for its robust operations and user-centric approach, has described July as a landmark month. This is a significant declaration considering the fluctuating nature of the crypto market and the challenges it brings for…

The US Department of the Treasury recently slapped sanctions on Garantex Europe OU, a Russian-based cryptocurrency exchange originally registered in Estonia. These sanctions follow allegations of the platform aiding criminals and enabling sanction evasion. Garantex Europe, now a significant player in the digital currency market, finds itself under considerable regulatory action from US authorities. This…

Today, Bullish (NYSE:BLSH), a digital asset exchange, made an outstanding debut on the New York Stock Exchange (NYSE). Initially priced at $37/share, the company’s shares skyrocketed by a whopping 83%, closing at $68 per share. Indeed, Bullish’s significant first-day surge truly justifies its name. This rise not only profited its shareholders but also notably increased…

Alpaca, a distinguished self-clearing broker-dealer and brokerage infrastructure, recently marked a significant milestone. The firm has earned clearance member status from two pivotal financial bodies: The Options Clearing Corporation (OCC) and the Fixed Income Clearing Corporation (FICC). The OCC, globally recognized as an equity derivatives clearing organization, now has a new relationship with Alpaca. This…

Recently, the digital asset exchange, Bullish (NYSE:BLSH), made a remarkable debut on the New York Stock Exchange (NYSE). The event was marked by the offering of shares at an impressive $37 each, skyrocketing the company’s valuation to over $5 billion. Bullish had earlier anticipated a share price of $28 to $31. However, the actual price…

There’s been a dramatic shift in the landscape at the Securities and Exchange Commission (SEC). Known for its strict approach to digital assets, the previous administration often seemed more interested in trapping crypto innovators than engaging with them. Thankfully, this era has ended, providing much-needed relief to many in the cryptosphere. The lawsuit against Ripple,…

TRM Labs, a premier blockchain intelligence platform, has unveiled a series of product updates. These enhancements aim to assist investigators, compliance teams, and intelligence professionals in managing crypto-related risks more effectively. Known for its innovative blockchain intelligence solutions, the company aims to provide quicker and more accessible actionable risk signals with these updates. Given the…

The latest survey by KPMG and REC UK reveals a steep decrease in the UK’s recruitment activity at the start of the third quarter. The report, put together by S&P Global, exposes a concerning trend in the job market. It underlines prominent cuts in both permanent placements and temporary billings. The report attributes the decline…

In July, the global private markets experienced a slowdown, as outlined in a report by S&P Global Market Intelligence. The report indicates a near 7% drop in total private equity and venture capital, from $56.44 billion in June to $52.59 billion in July. Interestingly, this slowdown follows a steady growth period in the private equity…

According to a recent analysis by PitchBook, the Southeast Asian venture capital ecosystem is undergoing a significant shift. Their Q3 2025 Analyst Note, “Southeast Asia’s Early-Stage Capital Crunch”, highlights a tightening of early-stage funding. This change stems from cautious investor sentiment, macroeconomic uncertainties, and other yet-to-be-determined factors. This report exposes the increasingly unstable situation of…

Recent reports by Citigroup (NYSE: C) highlight the current market dynamics transforming the financial sector. The banking giant consistently provides strategies for investors, asset managers, and policymakers. They particularly focus on two main trends: mutual fund-to-ETF conversions in Europe and the U.S. tariffs’ effect on global equities. Exchange-traded funds (ETFs) are investment funds traded on…

President Donald Trump has taken a transformative step for retirement savings by signing an executive order. This order enables alternative assets in retirement accounts. It’s a big leap for those with 401(k) retirement accounts and other defined contribution plans. The move aims to diversify savings options and could potentially boost retirement incomes. Before this, 401(k)…

In a significant development, Ripple has chosen to acquire Rail, a global payments platform leveraging stablecoin technology. With a valuation of $200 million, this acquisition marks Ripple’s strategic entry into the stablecoin payments domain. Rail, a key player in the fintech sector, provides a comprehensive payment solution for fintechs, neobanks, payment providers, and enterprise organisations.…

The Bank of England recently cut its benchmark interest rate by 25 basis points, reducing it to 4%. This decision, however, did not receive unanimous approval. The close vote, with 5 in favour and 4 against, resulted in the rate cut. Notably, one member, Alan Taylor, proposed a more aggressive cut. He advocated for a…

LendInvest Mortgages, a UK-based asset manager, recently announced a substantial funding injection into a residential development project in Wales. The London Stock Exchange-listed firm, trading under the ticker LINV, is lending £10.9m to transform a former college building and two other structures in Caerleon. Acorn Property Group is managing the development. Thanks to LendInvest’s loan,…

Gemini, the US-regulated cryptocurrency exchange, has taken a significant step towards improving cryptocurrency privacy. The exchange, established by the Winklevoss twins, now supports Zcash unified addresses. This move highlights Gemini’s continuous commitment to user privacy, all within a compliant framework. Created by Cameron and Tyler Winklevoss, Gemini consistently leads in integrating advanced features. This recent…

Coinbase (NASDAQ:COIN), a leading cryptocurrency exchange, is setting its sights high. The company aims to become the ultimate investment platform and has announced plans for a significant expansion beyond cryptocurrency. Its next venture is launching a prediction market, set to debut in the United States in the coming months. This move signifies Coinbase’s ongoing efforts…