Markets

WeeFin, a sustainability fintech that allows professional investors to regain sovereignty over their ESG data and maximize their impact, just completed its Series B funding round recently. The platform managed to raise a total of €25 million (around $26.96 million)....

Coinbase, the largest US crypto exchange, recently revealed its financial statistics for Q3 2024, which showed a significant decline in the exchange’s performance. The struggling crypto market that was dominant at the time resulted in the firm’s profits and revenues...

British multinational neobank and fintech firm Revolut recently reported a new wave of fraud originating from encrypted messaging platforms. According to the firm, WhatsApp and Telegram were hit the strongest, with over a third of reported scams (39%) originating there....

Payments giant Mastercard recently decided to launch a new program designed to bring embedded virtual card technology to commercial payments. In its announcement published on March 31, the company says that this is its way of modernizing commercial payments. Starting...

The Reserve Bank of Australia (RBA) and the Australian Securities and Investment Commission (ASIC) recently expressed growing concerns surrounding Australia’s leading stock exchange. More specifically, the two are concerned regarding the exchange’s management of operational risk after a batch settlement...

Zelle, a mobile payment service that allows users to send money to other Zelle users via the app or through their bank’s digital banking platform, recently decided to shut down its standalone app. The decision came after the company recognized...

Global retail giant Amazon recently unveiled a new AI agent that could be a massive game changer for shoppers. According to the company, this new AI agent, called Nova Act SDK, was trained to perform actions independently, which even includes...

A group of UK and global trade bodies recently decided to write to the prime minister’s office and urge the government to make a move to get more involved with the crypto industry. According to them, the government should use...

Circle, a well-known firm in the crypto sector that created the industry’s second-largest stablecoin, USD Coin (USDC) just officially filed for an IPO.  According to its filing, the firm will be listed on the New York Stock Exchange trading under...

Ripple’s stablecoin just went live on Kraken, one of the largest and most popular crypto exchanges, allowing users to start performing real-time cross-border payments.  The launch of the stablecoin represents a key move in Ripple’s broader strategy that depends on...

Online payments giant PayPal recently brought its new advertising platform to the UK, seeking to tap into its massive storage of user data to assist merchants in better targeting their ads. Thanks to its new ads platform, PayPal Ads, merchants...

Mendel, a growing enterprise spend management platform from Latin America, recently held a Series B funding round that attracted a number of backers, including PayPal. The round managed to raise a total of $35 million, and it was led by...

Galaxy Digital managed to reach a settlement with the New York Attorney General's (NYAG) office over claims that the firm promoted the now-collapsed Luna token without disclosing its own interest in it. As part of the settlement, the company will...

AIB recently reported that there has been a massive increase in reports of phone call fraud. Specifically, voice phishing fraud, also known as vishing, surged by 79% in January and February compared to the same period last year. Vishing is...

US President Donald Trump granted pardons to three co-founders of BitMEX, a well-known global crypto exchange, as well as one of its former high-ranking employees.  The three co-founders include the former CEO, Arthur Hayes, Benjamin Delo, and Samuel Reed. The...