Investments

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 antitrust claims against Google.The case focuses on Google's market dominance and...

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...

Binance Launches Prediction Markets Feature, Expanding Trading Options

Users can now engage in prediction markets on Binance for various events.Highlights: Binance launches a new prediction markets...
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Digital lending platform Blend Labs bags $150m funding from Haveli Investments

Investment Details: Haveli Investments, a technology-focused private equity firm based in Austin, USA, invested $150 million in Blend Labs. The investment was made...

JTC to acquire First Republic Trust Company of Delaware from JP Morgan for $21m

Acquisition Overview:JTC, headquartered in Jersey, is set to acquire First Republic Trust Company of Delaware (FRTC-DE) from JP Morgan Chase in an...

Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment

Deal Overview:Goldman Sachs is selling its digital investment advisory unit, Marcus Invest, to robo-advisor Betterment. The agreement involves transferring the unit's digital...

US fintech start-up Pomelo bags $35m Series A funding

Funding Details:Pomelo, a San Francisco-based fintech, has raised $35 million in a Series A equity funding round. Additionally, the company secured an...

Payflows emerges from stealth with €25m Series A funding

Payflows Series A Funding:Fintech start-up Payflows has emerged from stealth mode with €25 million in Series A funding to support its enterprise...

Kneip names ABN Amro Investment Solutions exec Elisa Alonso Sanz as new CEO

New CEO Appointment:Kneip, a Luxembourg-based fund data management and reporting solutions provider, has appointed Elisa Alonso Sanz as its new CEO, effective...

US start-up Parafin lands $125m warehouse facility from SVB and Trinity Capital

Funding Details:Parafin, an embedded finance fintech, has secured a $125 million warehouse facility from Silicon Valley Bank (SVB) and Trinity Capital.Company...

Linqto to go public via $700m SPAC merger with BCSA

Linqto Going Public:US digital investment platform Linqto is set to go public via a business combination deal with Nasdaq-listed special purpose acquisition...

FloQast lands $100m Series E funding at $1.6bn valuation

Funding Round Details:Californian finance and accounting operations platform FloQast has closed its Series E funding round at $100 million. The post-money valuation...
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