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SKYSPARC STRENGTHENS ASSET MANAGEMENT CAPABILITIES THROUGH STRATEGIC PARTNERSHIP WITH AUXALITY

New collaboration delivers integrated solutions to help asset managers simplify and automate administration and regulatory responsibilities while reducing operational costs SkySparc, a leading corporate and financial institutions solutions provider, announces a strategic partnership with Auxality, a financial workflow digitalization specialist, to enhance its asset management capabilities. This collaboration strengthens SkySparc’s position in delivering comprehensive solutions…

FinTech · FEB 21, 2025 · 2 min read

Fintech Varo Aims for $55M Series G, Secures $29M So Far, SEC Filing Reveals

Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. Fintech Business Weekly author Jason Mikula and Crowdfund Insider both reported the news of the raise earlier this week (here and here). It wouldn’t be the first time its fundraising didn’t go as hoped…

Venture & Investment · FEB 20, 2025 · 2 min read

Swizzle Ventures Closes Fund I at $6.6M, Exceeding $3M Target

Back in December, TechCrunch reported that the firm, which quietly launched in 2023, was raising and has already bypassed $5 million, per its SEC filing. The thesis of Fund I will focus on women’s health and wealth, touching upon issues such as caregiving and finances. Kamada told TechCrunch that 70% of the fund’s LPs are women and…

Venture & Investment · FEB 20, 2025 · 1 min read

AI Isn’t a Cure-All as Compliance Costs and Complexity Rise

Growing levels of financial crime and regulatory scrutiny are forcing organisations to step up spending on compliance, but they are less sold on AI as the standalone solution, according to a global survey of risk and compliance officers by LSEG Risk Intelligence. The survey finds that 87% of respondents expect their organisation’s annual budgets for Know Your Customer Enhanced Due Diligence (KYC EDD) to increase over the next 12 months, with an average expected…

Artificial Intelligence · FEB 20, 2025 · 3 min read

4Founders Capital Raises €44M in First Close of New €65M Fund

4Founders Capital, a Spanish VC firm based in Barcelona, has today announced the launch of its third fund, 4Founders Capital III, with a target size of €65 million. The fund has already secured €44 million in its first close—more than 67% of its goal—thanks to strong backing from existing investors, including family offices, internet entrepreneurs,…

Venture & Investment · FEB 20, 2025 · 3 min read

Bitget’s Liquidity Analysis Shows Competitive Edge in Crypto Trading, Says Cryptorank

Bitget, the leading cryptocurrency exchange and Web3 company, has collaborated with CryptoRank to conduct an in-depth comparative analysis of liquidity depth among the top five global centralized cryptocurrency exchanges (CEXs): Binance, Bitget, Bybit, MEXC, and OKX. The research offers valuable insights into each platform’s ability to handle large market orders with minimal price impact, a critical…

FinTech · FEB 20, 2025 · 2 min read

KONA I Receives Mastercard Approval for IDEX Pay Biometric Cards

Global smart card and technology platform company KONA I, has obtained the Letter of Approval from Mastercard for biometric plastic (PVC) payment cards built on the IDEX Pay platform, allowing the issuance and deployment of biometric cards globally. KONA I obtained the world’s first, Mastercard approval for IDEX Pay biometric metal cards at the end…

FinTech · FEB 20, 2025 · 1 min read

UK Calls for More Innovative Payment Solutions

As digital payment methods continue to evolve, UK consumers and businesses are increasingly seeking more innovative and flexible payment solutions. New research from Moneyhub, the Open Banking data and payments platform, has revealed a strong appetite for intelligent payments that can be delivered by Open Banking and Variable Recurring Payments (VRPs), highlighting significant opportunities for…

FinTech · FEB 20, 2025 · 3 min read

Adyen & Eats365 Team Up to Simplify F&B Payments

Adyen, the global financial platform of choice for leading companies, today announced its partnership with Eats365, a prominent restaurant point-of-sale (POS) provider currently serving 27 markets worldwide. This collaboration will simplify operations for Eats365 merchants and users throughout the supported regions. Through 365pay, Eats365’s integrated payment solution, food and beverage (F&B) merchants can now access…

FinTech · FEB 20, 2025 · 3 min read

Britain’s Health & Wellness Boom Uncovered

The “New Year, New Me” mindset is resonating with consumers more than ever, with health-conscious Brits swapping late nights for the gym and wellness in 2025. New insights from Experian and Reward – analysing consumer spending over six weeks to 20th January including the Christmas period – reveals that nutrition and fitness spending rose by…

FinTech · FEB 20, 2025 · 2 min read

Thunes Expands Direct Network to Taiwan

Thunes, the Smart Superhighway to move money around the world, today announced the expansion of its Direct Global Network into Taiwan. This expansion brings Thunes’ Pay-to-Banks payment capabilities to Taiwan, enhancing the company’s cross-border payment services in one of Asia’s most technologically advanced and financially dynamic markets. With this expansion, Members of Thunes’ Direct Global…

FinTech · FEB 20, 2025 · 2 min read

Quantoz Payments, NPEX, and Dusk release EURQ, a Regulated Euro-Backed Electronic Money Token

Three Netherlands-based organizations – Quantoz Payments, NPEX, and Dusk – are working together to release EURQ, a digital euro, opening up the way for traditional, regulated finance to operate at scale on the Dusk blockchain. This marks the first time a Multilateral Trading Facility (MTF)-licensed stock exchange, NPEX, will utilize electronic money tokens (EMT) through a blockchain. EURQ is…

FinTech · FEB 19, 2025 · 3 min read

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