Revolut plans to enter 30 new geographies by the end of the decade, a strategy that will ultimately see the fintech invest $13 billion as it tries to amass 100 million users https://t.co/HAwFmT9qhq ...

Columbia Threadneedle Investments, an investment management company, released its “Columbia Threadneedle Global Technology Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The market experienced volatility at the start of the quarter due to heightened uncertainty from global tariffs as part of the new U.S. administration. Later, the market rebounded with the implementation of a more lenient trade policy. The composite returned 25.11% gross of fees and 24.85 ...

Core Insights - Inverite Insights Inc. has announced the appointment of its CEO, Karim Nanji, to the Board of Directors of the Financial Data and Technology Association (FDATA) [1][2][3] - FDATA is focused on promoting customer-permitted access to financial data and fostering innovation in financial services while protecting consumer interests [2][5] - Mr. Nanji's expertise in serving underbanked and credit-challenged consumers will enhance FDATA's advocacy efforts on open banking and consumer data rights [2][4] Company Overview - Inverite Insights Inc. is an AI-driven software provider based in Vancouver, specializing in real-time financial data [5] - The company has a database of over 30 billion financial data points from more than seven million unique Canadian consumer requests [5] - Inverite's solutions focus on data enrichment, identity verification, risk management, and compliance [5] Industry Context - FDATA represents over 30 financial technology companies and consumer-permissioned data access platforms [5] - The association collaborates with policymakers and regulators to advance open finance frameworks that empower consumers and small businesses [5]

Core Insights - Zerohash, a crypto infrastructure startup, has successfully raised $104 million in funding, achieving a valuation of $1 billion, with participation from notable financial firms such as Morgan Stanley and SoFi [1][2][4] Funding and Valuation - The Series D funding round was led by Interactive Brokers, a global automated trading firm, and included investments from funds managed by Apollo [1][2] - The funding aims to accelerate the adoption of blockchain-based products in crypto trading, stablecoins, and tokenization [4] Regulatory Environment - The regulatory landscape for cryptocurrencies has shifted positively under President Donald Trump, moving from skepticism to a more favorable stance, encouraging financial firms to engage with crypto [3][4] - This change has prompted major financial institutions, including Morgan Stanley and Bank of America, to express interest in cryptocurrency involvement [3] Company Operations - Founded in 2017, Zerohash provides banks and fintech firms with the capability to offer blockchain-based products, focusing on three main areas: crypto trading, stablecoins, and tokenization [4] - Interactive Brokers is already utilizing Zerohash for crypto trading and custody, and plans to launch a stablecoin product in collaboration with the firm [4] Future Announcements - While specific details about Morgan Stanley and SoFi's client status were not disclosed, the CEO of Zerohash indicated that announcements regarding these partnerships are forthcoming [5]

Core Insights - Stable, a layer 1 blockchain network, has integrated PayPal USD (PYUSD) to enhance commerce and financial transactions on its platform [1] - The integration aims to provide permissionless use of PYUSD, expanding its distribution, utility, and liquidity [1] Group 1: Integration and Technology - The integration leverages LayerZero's technology for a seamless cross-chain experience, offering ultra-fast processing speeds and reduced fees for near-instant transaction finality [2] - This collaboration is expected to unlock new commerce-related use cases for PYUSD across various blockchain ecosystems [4] Group 2: Strategic Commitment and Investment - PayPal's PYUSD Ecosystem head emphasized the commitment to expanding PYUSD's utility across multiple blockchain ecosystems and driving adoption [3] - PayPal Ventures has invested in Stable, highlighting the potential impact of reliable, dollar-based payments in emerging markets [5] Group 3: Leadership and Funding - Stable has recently closed a $28 million seed funding round, attracting investments from notable crypto investors [6] - The company has strengthened its executive team with new hires, including co-CEO Brian Mehler and CTO Sam Kazemian [5][6]

Good morning, everyone, it’s finance editor Jeff John Roberts pinch-hitting for Allie. In my day job, I talk to a lot of folks in the fintech and crypto space who are actively disrupting the legacy financial stack. So when MoneyGram reached out to tell me how they are staying competitive in this fast-evolving market, I was skeptical, to say the least. But after speaking with new CEO Anthony Soohoo—who cut his teeth at Apple and led digital transformation initiatives at Walmart and CBS—I came away with a di ...

Fnality, a fintech firm building tokenized versions of major currencies collateralized by cash held at central banks, has raised $136 million in a Series C round to expand its blockchain-based wholesale payment systems, the London-based firm said Tuesday. The investment was led by WisdomTree, Bank of America, Citi, KBC Group, Temasek and Tradeweb, with existing backers including Goldman Sachs, UBS and Barclays also participating. Fnality raised $95 million in 2023, a round led by Goldman and BNP Paribas. ...

Partnerships & Expansion - A Nigerian fintech firm is partnering with a US bank [1] - The partnership aims to enable customers to link bank accounts in both countries [1] - This will be facilitated via a single digital wallet [1]

Flipkart India, backed by Walmart, is investing $30 million in its fintech unit Supermoney as it accelerates its push into lending and stock broking, sources say https://t.co/o3LBL95Ueb ...

Core Insights - PayPal Ventures has invested in Stable's latest funding round, enabling the use of PayPal's stablecoin, PayPal USD (PYUSD), on Stable's blockchain network [1][4] - Stablechain is designed for seamless financial transactions through stablecoins, aiming to enhance the utility of PYUSD across multiple blockchain ecosystems [2][4] - The collaboration between Stable and PayPal focuses on improving cross-border transactions and exploring cross-chain compatibility and onramp/offramp capabilities for stablecoins [3][4] Company Developments - Stable raised $28 million in seed funding to develop its blockchain network, hire new employees, and increase the distribution of Tether's USDT stablecoin [4] - The company emphasizes the need for an overhaul in global payments infrastructure to meet consumer demand for fast, reliable, and secure digital payments [6] - Stable's strategy includes working with trusted distribution partners to enhance real-world adoption and support innovative use cases for stablecoins [7] Market Context - The announcement comes amid rising stablecoin adoption following the passage of the GENIUS Act in the United States, indicating a favorable regulatory environment for stablecoin usage [5] - The partnership with PayPal is seen as a significant step towards addressing payment challenges in emerging markets, where reliable dollar-based payments can have a substantial impact [7]