HNW Platform Fundment Raises £45 Million Funding Round
Fundment, a platform for financial advisors targeting High Net Worth (HNW) individuals, has raised £45 million in Series C funding. Fundment was founded by former Blackrock asset manager Ola Abdul. His...
View ArticleRemitly Reports Q4 $5.7 Net Loss as Revenues Rise
Remitly (NASDAQ: RELY), a payments and transfers Fintech, reported Q4 earnings results yesterday and the company said that it generated “record” revenue of $351.9 million an increase of 33%. At the...
View ArticleBlockdaemon Institutional Vault to Support Digital Assets Custodians, Exchanges
Blockdaemon Wallet, introduced in 2023, has been rebranded as Blockdaemon Institutional Vault. According to an update from Blockdaemon, the name change reflects the platform’s continued evolution into...
View ArticleUK: Big Banks Have Allowed Over One Month of Bank Outages in Last Two Years
The UK Parliament Treasury Committee has issued a statement on the unfortunate occurrences of bank App outages. In early February, the Treasury Committee sent letters to nine bank CEOs demanding...
View ArticleKlarna to Power Walmart’s BNPL Service in OnePay Partnership
Klarna, a European Fintech, says it will step in and now offer Walmart (NYSE: WMT) customers its buy now pay later (BNPL) service in partnership with OnePay. OnePay is a consumer Fintech backed by...
View ArticlePayments, Payroll Fintech Rippling Sues Deel, Alleges Spy Caught with...
Two competitors in the payroll, HR, and payments sector are headed to a court battle, it seems. Via X, Rippling CEO Parker Conrad announced they had filed a lawsuit alleging that Deel cultivated a spy...
View ArticleTrustfull Believes Anti-Fraud Measures Must Be Top Priority of Chancellor...
In advance of next week’s Spring Statement, Trustfull CEO Marko Maras has shared his opinion that anti-fraud measures should be one of the topics covered by the Chancellor of the Exchequer, Rachel...
View ArticleEuropean Central Bank Cuts Rates by 25 Basis Points
The European Central Bank (ECB) has cut its benchmark rates by 25 basis points. The ECB Governing Council said the move was due to an updated appraisal of the inflation outlook while claiming the...
View ArticleSEC SBCFAC to Review Reg A Securities Exemption: What Needs to Change?
Tomorrow (May 6, 2025), the Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC) will meet to discuss the Regulation A, or Reg A+, securities...
View ArticleEurocrowd: ECSPR Slowing Crowdfunding in EU as Compliance Requires...
While European Crowdfunding Service Provider regulation (ECSPR) was expected to fuel the growth of online capital formation in Europe, the actual results have been less than stellar. As Eurocrowd...
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