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Stablecoin issuer Circle noted that in the fast-evolving digital economy, human attention drives trillion-dollar outcomes but the consumers contributing that value seldom share in it. Centralized platforms tend to capture the profits while fraud, bots, and misaligned incentives are distorting the system. For billions, particularly... Read More
Fintech Upgrade has raised $165 million in new equity investment. Upgrade’s Series G preferred round was led by Neuberger, with participation from LuminArx Capital Management. Existing shareholders, including DST Global, Ribbit Capital and several others, also increased their investment in the company. Peter Sterling, head... Read More
As the economic outlook reportedly reaches its lowest point since 1997, consumers are looking for ways to more effectively manage their spending. This, according an update from Deloitte. The firm has noted that surveyed consumers now intend to spend an average of $1,595 this festive... Read More
Global HR and payroll platform Deel is reporting a Series E round, acquiring $300 million and achieving a $17.3 billion valuation. This capital injection, co-led by Ribbit Capital, Andreessen Horowitz, and Coatue Management, highlights Deel’s steady financial performance and its potential for growth in the... Read More
YZi Labs reports that it is leading a $50 million round in Better Payment Network (BPN), which is described as a programmable payment network built for the multi-stablecoin era. The investment reportedly aligns with YZi Labs’ thesis of backing global financial infrastructure – systems that place... Read More
Bitpanda, a provider of crypto investment infrastructure, has partnered with Onda Finance, an international digital payment and investment platform headquartered in Brazil, to provide the technology behind its new crypto offering for wealth and corporate clients. The partnership will allow Onda to offer digital asset... Read More
Mid-market firms remained the growth engine of the UK private sector economy during the past month. according to the NatWest UK Business Growth Tracker data. The Tracker – which has reportedly surveyed mid-market businesses operating in the manufacturing as well as services sectors – declined... Read More
SIX, the financial data and market infrastructure provider, signed a seven-year strategic partnership with Barclays, the global banking group, in order to support the banking institution’s international growth and enabler greater cost efficiencies. Strengthening the relationship, the collaboration will reportedly see Barclays’ business – which... Read More
Sygnum Bank Middle East announces the launch of Sygnum Validators, a new service launched from Abu Dhabi Global Market (ADGM) which includes operating institutional-grade validator nodes for select blockchain networks that enable non-custodial staking. The first validator to launch supports the Solana network, enabling eligible... Read More
Anchorage Digital Bank, the federally chartered crypto bank in the U.S., supports global USD wire transfers. With this feature, Anchorage Digital Bank becomes a crypto-native institution to offer cash and crypto services via a unified, federally regulated platform. Clients are able to now hold, send,... Read More