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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ICYMI fintech funding round-up: GenTwo, Momnt, myZoi, Treyd, Firstcard & more

Fintech companies secure significant funding rounds to fuel expansion and innovation in various sectors, from securitisation to B2B payments and crypto payments. FactsGenTwo has...

UK challenger Zopa looks to accelerate growth with £75m funding

UK challenger bank Zopa has secured £75 million in Tier 2 capital to support its growth plans, bringing its total capital raised to £530...

US fintech Ampla secures $258m credit facility with Goldman Sachs and Atalaya

Ampla, a New York-based financial solutions provider, secures a $258 million credit facility from Goldman Sachs and Atalaya Capital Management, supporting its growth capital...

Israel’s ThetaRay secures $57m to accelerate global expansion

ThetaRay, an Israeli AI-based transaction monitoring and screening solution provider, secures $57 million in funding led by Portage, with participation from existing investors. FactsThetaRay,...

Emirates NBD makes strategic investment in trade finance tech firm Komgo

Dubai-based banking group Emirates NBD has made a strategic investment in Komgo, a software firm catering to the trade finance industry, through its Innovation...

OTPP snaps up Caledonia Investments’ majority stake in wealth management firm 7IM for £255m

Caledonia Investments has sold its majority stake in Seven Investment Management (7IM) to Ontario Teachers’ Pension Plan (OTPP) for £255 million, pending Financial Conduct...

Irish lender Wayflyer lands $1bn financing deal with Neuberger Berman

Wayflyer, an e-commerce financing platform, secures a $1 billion financing deal with Neuberger Berman for off-balance sheet financing to support its growth and meet...

FundBank taps Profile Software for its custody solution

FundBank, formerly known as DMS Bank & Trust, has partnered with Profile Software to implement its custody solution and automate its operations, enhancing its...

Swift can facilitate tokenised asset transfers between different blockchains, new experiments confirm

Swift successfully conducted experiments to transfer tokenized assets between various public and business blockchains, addressing interoperability challenges. FactsSwift facilitated tokenized asset transfers between blockchains,...
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