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Worktech DailyPay Secures $195 Million Credit Facility to Fuel Growth in On-Demand Pay
DailyPay, the provider of on-demand pay platforms, has announced the closure of a new $195 million senior secured revolving credit facility. The deal positions the company for expanded operations and ...

Insurtech Cowbell to Focus on Business Growth, Global Expansion with Key Appointment
Cowbell, a provider of adaptive cyber and specialty insurance solutions, has unveiled its “Next Cycle” initiative. Announced on January 5, 2025, from Pleasanton, California, this phase emphasizes ...

PhotonPay Raises Series B Led By IDG to Expand Stablecoin Payments Rails
PhotonPay, a stablecoin-based payments infrastructure provider, said it had raised a Series B funding round of “tens of millions of dollars” led by IDG Capital, as investors step up bets on blockc...

WisdomTree Halts XRP ETF Launch Plans in the US
WisdomTree (NYSE: WT) has officially abandoned its efforts to introduce an exchange-traded fund (ETF) focused on XRP in the American market. The company submitted a formal request to the US Securities...

Colombia Forges Ahead with Cryptocurrency Taxation Framework as International Norms Evolve
Colombia’s tax authority has rolled out enhanced regulations for cryptocurrency transactions, aligning with burgeoning worldwide protocols designed to promote transparency in digital assets. This de...

Fireblocks Announces Acquisition of Tres Finance
Fireblocks, a provider of digital asset infrastructure, has this past week announced its acquisition of Tres Finance. This acquisition integrates crypto accounting capabilities into Fireblocks’ ecos...

Dead Coins : Over 50% of Cryptocurrencies Have Failed, Report Reveals
In the volatile world of web3 and blockchain-powered cryptocurrencies, a stark reality has emerged: more than half of all digital coins have met their demise. According to a recent report from CoinGec...

Insurtech Akur8 Strengthens Insurance Pricing with Acquisition of Matrisk AI
Akur8, a provider of insurance pricing and reserving solutions, announced its acquisition of Matrisk AI. This latest move integrates powerful filings search and market intelligence capabilities into A...

Rain Secures $250m Series C Funding to Scale Stablecoin-Powered Payments
Rain, which provides infrastructure that lets companies issue stablecoin-linked wallets and payment cards, said it raised $250 million in a Series C round led by ICONIQ, valuing the company at $1.95 b...

BNY Launches On-Chain Digital Cash as First Step Toward Tokenized Bank Deposits for Real-Time Settlement
BNY (NYSE: BK) has launched new digital cash capabilities by enabling the on-chain mirrored representation of client deposit balances on its Digital Assets platform. Announced recently, this initiativ...