FlexM Secures Strategic Investment from Torkey Times

FlexM, a licensed fintech group specializing in payment solutions, cross-border remittance, and compliance, has secured a strategic investment from China’s e-commerce and technology giant, Torkey Times Technology Pte Ltd (TTT). The partnership aims to accelerate FlexM’s global expansion and strengthen its market position. With this investment, Torkey Times Technology and its founders, Mr. Yang Hanping and Mr. Xu Kaiqiang, join FlexM’s top three shareholders, alongside founder and Chairman Mr. Rune Nilsson and Co-Founder and CEO Mr. Naveed...

XData Group Named Top Fintech SaaS Innovator by TechRound

XData Group, a European software development company specialising in digital banking solutions, has been named one of the winners of TechRound’s SaaS66 2025 – an annual ranking that highlights the most promising SaaS innovators across the UK and Europe. XData Group was created to help financial institutions overcome the complexity of launching and scaling digital services. Many banks and fintechs still face challenges with outdated infrastructure, fragmented tools, and high development costs. XData Group set out to...

Routefusion Raises $26.5M to Expand Global Payments Network

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....

C1 Fund Buys Stake in Ripple, Enterprise Blockchain Leader

C1 Fund Inc., a publicly traded closed-end investment company focused on late-stage digital assets and blockchain infrastructure, today announced it has bought shares in Ripple, a global provider of enterprise blockchain technology that aims to transform cross-border payments and financial infrastructure. Ripple’s established platform is used by a diverse array of financial institutions and enterprises globally, leveraging stablecoins such as RippleUSD (RLUSD) and the XRP Ledger (XRPL) — an open-source blockchain recognized for its efficient...

U.S. Bank to Custody Reserves for Anchorage Stablecoins

U.S. Bank announced today that it has been selected to serve as the custodian for reserves backing Anchorage Digital Bank’s payment stablecoins. Anchorage Digital Bank is the only crypto-native bank in the U.S. to hold a federal charter, operating under the direct oversight of the Office of the Comptroller of the Currency (OCC). U.S. Bank is one of the nation’s largest global custodians – with capabilities that extend into nearly 100 financial markets around the...

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