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The UK Financial Conduct Authority (FCA) has issued a report on consumer debt. The FCA states that 7.4 million people are struggling to pay bills and credit card debt (January 2024). While this is lower than the 10.9 million in January 2023 who were encountering... Read More
Inside Addepar, a quarterly update of Addepar platform developments, research insights and client, partner and company announcements has been released. Addepar says that it just “completed a strong first quarter, building on their momentum from 2023 and setting the stage for an even stronger 2024.”... Read More
TransferGo, which aims to provide hard-working migrants with simpler, better financial services — making their money go further, is reporting that it has acquired $10 million in growth funding. TransferGo confirmed recently that they’ve secured $10 million in growth funding from Taiwan-based investor Taiwania Capital. This... Read More
Entrust, a global enabler of trusted payments, identities, and data security, announced that it has completed its acquisition of Onfido, a global leader in identity verification. With this completed acquisition, Entrust now “provides the industry’s most comprehensive portfolio of AI-powered, identity-centric security solutions.” Terms of... Read More
The TradeX app, which aims to enhance predictions markets, is reporting its latest updates. TradeX, which previously secured funding from Y Combinator and other investors, has so far reportedly raised $4.5 million. The platform’s creators have launched a B2B vertical, expanding its offerings and partnerships.... Read More
Blockchain Coinvestors Acquisition Corp. I (Nasdaq: BCSA), a special purpose acquisition company, and Linqto, Inc., a Delaware corporation, today announced they have entered into a definitive business combination agreement, pursuant to which Linqto will become a wholly-owned subsidiary of BCSA. From and after the closing... Read More
Nubank Ultravioleta, the seamless experience provider for high-income Nubank (NYSE: NU) customers, announces its entry into the travel segment with the pre-launch of its Global Account, in partnership with Wise Platform, which is Wise’s (LSE:WISE) global infrastructure solution for banks and large companies. Starting now,... Read More
The Securities and Exchange Commission’s (SEC), Office of the Advocate for Small Business Capital Formation has scheduled the 43rd Annual Government-Business Forum on Small Business Capital Formation. This gathering will occur with three virtual sessions April 16-18 from 1-2:30 p.m. ET. Several years ago, these... Read More
Meijers Assurantiën, a Dutch insurance broker and Worldwide Broker Network member, has reportedly become CyberCube’s first client in the Netherlands marking the leading cyber risk modeler’s continued international expansion. Meijers is a family business that “has grown in half a century to become one of... Read More
The world of finance is at a crossroads. With its legacy systems and ingrained practices, the traditional financial system (TradFi) struggles to keep pace with the rapid innovations of decentralised finance. At the same time, decentralised finance (DeFi), while promising increased accessibility and transparency, often... Read More