P2P.org Appoints Betsabe Botaitis as Chief Financial Officer
January 14, 20264 min
Veteran finance leader to support institutional growth and operational scale
VelaFi Raises $20M Series B to Expand Global Stablecoin Infrastructure
January 13, 20264 min
VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, today announced the completion of its $20 million Series B financing, led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other global investors. This round brings VelaFi’s total funding to over $40 million. Founded in 2020, VelaFi has deep roots in Latin America and a proven track record in real-world payment infrastructure, serving enterprises across complex and underserved markets. The...
Flutterwave Expands Payments Infrastructure With Acquisition of Mono
January 5, 20264 min
Flutterwave, Africa’s leading payments technology company, has acquired Mono, a pioneer in open banking infrastructure across the continent. The transaction deepens Flutterwave’s long-term commitment to building a connected, interoperable financial system for Africa and positions open banking as a core pillar in the evolution of alternative payment methods across the region. Mono’s API-driven platform enables secure access to financial data, identity verification, and account-to-account payments; capabilities that are increasingly critical as African markets move toward more trusted,...
Kraken to Acquire Backed
December 3, 20256 min
The acquisition strengthens Kraken’s leadership in tokenized assets and marks a key milestone toward making global capital markets open, accessible, and borderless.
CAT DEFI Launches a New Intelligent Web3 Financial System in the UK
December 1, 20254 min
Amid the accelerating evolution of global digital finance, CAT DEFI has announced the launch of a new intelligent Web3 financial system. Against the backdrop of accelerating global digital finance, CAT DEFI has announced the launch of its new intelligent Web3 financial system. This upgrade deeply integrates AI technology, an on-chain transparency framework, and automated execution mechanisms to deliver enhanced security, traceability, and a more intelligent system interaction experience for users. Powered by AI, CAT DEFI’s core engine can analyze...
TerraPay Unveils Xend for Borderless Wallet Payments
November 24, 20254 min
TerraPay, a leading global money movement company, today announced the launch of Xend, a first-of-its-kind Payments Interoperability Network designed to unify the fragmented world of wallets, banks, and cards into one seamless, borderless financial ecosystem. Xend serves as a universal infrastructure layer, enabling wallet users to transact with 11,500 banks via the Swift network and access 150 million acceptance locations, all from their existing wallet apps. TerraPay’s collaboration with inclusion-led partners like Swift powers Xend to...
Hercle Raises $60M to Scale Global Money Movement Platform
October 30, 20255 min
Hercle, an institutional infrastructure platform bridging stablecoins, digital assets, and cross-border settlement, today announced $60 million in new capital. The round features a $10 million equity investment led by F-Prime, with participation from Fulgur Ventures and Exponential Science, alongside a $50 million credit line to support the expansion of institutional services and global growth initiatives. To date, Hercle’s platform has processed more than $20 billion in transactions, enabling global institutions to move millions of dollars...
Ghana & EFGH Launch Africa’s First Finternet
October 29, 20254 min
Ghana’s District Assemblies Common Fund and Singapore’s Embed Financial Group Holdings (EFGH) have announced a joint venture to create Africa’s first Finternet – a digital financial infrastructure linking governments, communities and businesses through transparent, self-sustaining technology. The Finternet will connect payments, credit, and insurance the way the Internet connects information, enabling districts across Ghana to manage funds and services more efficiently while creating new revenue streams for national development. Responsible Partnership Model Under the joint...
Crowded Named to CB Insights 2025 Fintech 100
October 27, 20254 min
Crowded is recognized for its innovative financial-management platform for nonprofits, and reinforces its commitment to donation transparency amid a recent industry scandal. CB Insights today named Crowded, a Miami-based fintech platform for nonprofit financial management, to its eighth annual Fintech 100, showcasing the 100 most promising private fintech companies in the world. “This year’s Fintech 100 showcases a new generation of companies turning AI, automation, and digital assets into the backbone of financial infrastructure,” said Laura Kennedy, Principal Analyst at CB Insights. “This year’s winners...
Routefusion Raises $26.5M to Expand Global Payments Network
October 10, 20254 min
Routefusion, a financial infrastructure provider enabling platforms and financial institutions to embed seamless cross-border payments and multi-currency account capabilities, today announced the close of a $26.5 million Series A funding round. The round was led by PeakSpan Capital, with participation from Silverton Partners, bringing the company’s total funding to $40.7 million. Routefusion is building the next layer of financial infrastructure: a global network designed to make cross-border payments as reliable, transparent, and accessible as domestic ones....