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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UK fintech Traydstream lands $21m in Series B funding round

UK fintech Traydstream secures $21 million in Series B funding round led by Pivot Investment Partners and e& Capital to enhance its AI-led trade...

Bright Money lands $62m debt and equity funding

US-based consumer fintech start-up Bright Money secures $62 million in funding, combining debt and equity, for its AI-driven bank aimed at debt-laden consumers. FactsBright...

Raisin appoints former UBS chair Axel Weber as advisor and board member

Berlin-based fintech Raisin appoints Axel Weber, former president of the German Central Bank, as an advisor and board member, amid significant growth and a...

Deutsche Börse set to take over wealthtech firm SimCorp

Deutsche Börse is set to finalize its €3.9 billion acquisition of SimCorp, a Danish investment management software company, with plans to delist SimCorp from...

SEC hands $25m penalty to Deutsche Bank subsidiary for AML violations and ESG “misstatements”

The US Securities and Exchange Commission (SEC) imposes a $25 million penalty on DWS Investment Management Americas Inc. (DIMA), a subsidiary of Deutsche Bank,...

Singapore’s Grab pulls the plug on investment services citing non-viability

Singapore's super-app Grab is discontinuing its retail investment products, GrabInvest, as they are considered financially unviable. FactsGrab is winding down its retail investment products,...

Solaris reportedly struggling to raise funds to fulfil a major credit card deal – FT

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MoneyMasters goes live with Profile Software’s Axia Suite for digital wealth management

Jamaican asset management firm MoneyMasters has replaced its in-house wealth management tools with Profile Software's Axia Suite, aiming to enhance its digital offerings and...

EWA start-up ZayZoon secures $34.5m in Series B funding round

ZayZoon, an earned wage access (EWA) provider, raises $34.5 million in Series B funding led by Framework Venture Partners to support small and medium-sized...
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