FinTech

Fed Accelerates FedNow Development for Cross-Border Payments

New consultations aim to enhance international transaction efficiency.Highlights: Federal Reserve seeks input on cross-border payment improvements.FedNow aims to facilitate faster international transactions.Consultation period opens until November 2023.The Federal...

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...
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Cauldron Energy: Raises $1.2m for project work

Cauldron Energy Raises $1.2m for project workCauldron Energy (CXU) receives firm commitments to undertake a $1.2 million placement A total of 35,294,118 new...

Inex One: Raises $3M in Funding

Inex One Raises $3M in FundingInex One, a Stockholm, Sweden-based expert network marketplace, raised $3m in funding The company intends to use the...

Elixia Tech: Raises USD 1M in Pre-Series A Funding

Elixia Tech Raises USD 1M in Pre-Series A FundingElixia Tech, a Mumbai, India-based supply chain tech startup, raised USD1M in Pre-Series A funding ...

Fresh Prep: Raises $21M in Series B Funding

Fresh Prep Raises $21M in Series B FundingFresh Prep, a Vancouver, Canada-based meal kit company, raised $21M in Series B funding The round,...

Kleos Space: Raises $12.6 million for satellite expansion

Kleos Space Raises $12.6 million for satellite expansionKleos Space (KSS) receives strong support to raise $12.6 million to fund its technology, commercial growth...

RPM Automotive: Acquires Direct Wholesale Tyres in Far North QLD

RPM Automotive Acquires Direct Wholesale Tyres in Far North QLDRPM Automotive Group (RPM) acquires Direct Wholesale Tyres (DWT), expanding the company's distribution footprint...

Little Green Pharma: Completes first Danish shipment to Australia

Little Green Pharma Completes first Danish shipment to AustraliaLittle Green Pharma (LGP) successfully imports its first shipment of cannabis flower medicines to Australia...

Offchain Labs: Raises $120M in Funding

Offchain Labs Raises $120M in FundingOffchain Labs, a NYC-based provider of scaling solutions for Ethereum, raised $120M in Series B funding The round was led...

Mooncard: Raises €20M in Funding

Mooncard Raises €20M in FundingMooncard, a France-based provider of smart corporate card and expense report management solutions, raised €20M in funding Backers included BlackFin...
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