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Things worth reading: 5th February 2025
Things we’re reading today include … Elon Musk’s Portfolio and its Impact on Cryptocurrency Trading Bill Gates criticizes cryptocurrency: ‘High IQs fooled themselves’ US Congress to form cryptocurrency working group Cryptocurrency Prices Plummet Amid U.S. Regulatory Concerns Coinbase Pushes US to Pave Way for Bank-Crypto Partnerships Solaris secures €140m Series G funding, SBI Group becomes……
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The big issue: 2025 commerce is connected to a 2005 checkout system
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Deel unloads $300M in secondary sale, brings General Catalyst on as an investor
Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General…
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Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi
A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help…
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Things worth reading: 4th February 2025
Things we’re reading today include … Lloyds, Halifax and Bank of Scotland down: Mobile app and online banking outages affect millions of customers Aussie bank blasted over plans to close branches and force customers to go online: ‘Devastating’ Millions of Nationwide customers to notice money missing from bank accounts from today Raiffeisen Bank shares tumble……
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What is the next big thing?
A quantum financial system, or QFS for short Maybe it’s the way my feeds are set up, but every day seems like a headline about cryptocurrency and AI these days. Take my daily things worth reading, and here’s a few examples just from last Monday. On crypto: Trump orders crypto working group to draft new……
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Things worth reading: 3rd February 2025
Things we’re reading today include … Barclays hit by major IT outage on tax deadline day – BBC News Moment customers surge around Barclays’ cash machines for ‘free money’ Barclays says IT glitch that locked people out of their accounts has been resolved | UK News | Sky News Santander boss gives major update on……
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Things worth reading: 30th January 2025
Things we’re reading today include … Trump Media Launches Fintech Brand With Bitcoin and Crypto Focus – Decrypt Donald Trump lashes out at Federal Reserve after central bank keeps rates steady Formance raises $21M to build the AWS for fintech infrastructure | TechCrunch Failed fintech start-up will leave creditors £100m out of pocket The bank……
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Formance raises $21M to build the AWS for fintech infrastructure
If you talk to a fintech entrepreneur about their business, chances are they’ll end up talking about ledger issues at some point. A ledger is a record of money movements that serves as the source of truth for financial assets, but when a company starts having multiple bank accounts, payment processors, and funds spread across…
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Five key impacts of #Brexit five years on