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Global fintech platform iCapital, which is renowned for driving the world’s alternative investment marketplace, has announced a strategic partnership with global credit specialist Bain Capital Credit, L.P. This collaboration is set to provide financial advisors and high-net-worth investors with enhanced access to a suite of... Read More
LeadBlock Bitpanda Ventures (LBV), a €50 million EU investment fund, and Mantle, a burgeoning on-chain ecosystem built around the high-performance modular Ethereum layer-2 (L2) scaling solution Mantle Network and Ether liquid staking protocol Mantle LSP, have announced a strategic collaboration for Europe. The partnership comes... Read More
The CMA has outlined 3 key risks to effective competition on AI Foundation Models and has set out plans for further action in the market. The move from the Competition and Markets Authority (CMA) follows its initial report on AI Foundation Models (FMs) last year.... Read More
Akad Seguros, a digital insurance firm based in São Paulo, has successfully completed a Series A funding round, raising $22.5 million, according to an announcement. The funding effort was spearheaded by Valor Capital Group and included significant contributions from Across, Endeavor Scale-Up Ventures, Endeavor Catalyst,... Read More
The UK’s Financial Conduct Authority (FCA) has called for the establishment of a new industry body to enhance the functioning of Britain’s “highly concentrated” consumer credit ratings market, which it says is currently not serving consumers well, Reuters has reported. The consumer credit ratings market,... Read More
Tabs, an accounts receivable platform for B2B businesses, this week announced a $7 million seed funding round led by Lightspeed Venture Partners. This brings the company’s total amount raised to $12 million, including a pre-seed round from Primary Ventures. The investment will fuel Tabs’ mission... Read More
Former Prime Minister Thaksin Shinawatra endorsed the new digital wallet initiative, suggesting it could be a significant boon for Thailand’s sluggish economy, according a report by The Nation. Speaking at the Kiattiocha Restaurant in Chiang Mai province, where he was joined by his sisters and... Read More
Alfa-Bank has achieved a significant technological milestone by becoming the first bank in Russia to launch its mobile banking application, Alfa-Online, on the domestic Aurora operating system, now updated to its fifth version. This initiative marks a notable advancement in the integration of Russian-developed technology... Read More
BitGo is pleased to announce support for ARB, the native ERC-20 governance token for Arbitrum. Clients can now custody ARB in Hot, Custodial, and Self-Managed Cold wallets. Arbitrum is a Layer 2 (L2) technology designed “to enhance scaling solutions by empowering users to explore and... Read More
Coinbase Derivatives says its primary goal in launching new crypto futures contracts is to create markets that offer retail traders diversification, price discovery, risk management, and margin. Since launching their futures contracts for Bitcoin Cash (BCH) and Litecoin (LTC), they claim to have “seen deeper... Read More