MassPay Names Co-Founder Ran Grushkowsky CEO to Drive Global Expansion
December 12, 20255 min
Serial fintech entrepreneur will bolster MassPay’s position as the global payout leader, serving over 230 countries and supporting 70+ currencies
KuCoin Launches “Anti-Phishing Month” to Boost User Security
August 26, 20255 min
KuCoin, a global leading cryptocurrency exchange, announced the official launch of its “Anti-Phishing Month” campaign. The initiative integrates user education, positive incentives, and technical defenses to build a platform-level proactive security framework and enhance user awareness in identifying and preventing phishing scams. In recent years, phishing attacks have surged, particularly targeting fintech platforms. According to the Anti-Phishing Working Group (APWG), global phishing incidents surpassed 1 million in Q1 2025, with payment and financial platforms accounting for over 30% of the attacks. SMS and email phishing are...
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $50 million follow-on investment in Victory Park Capital Investor Fund W, LP (the “Fund”), reinforcing its commitment to financial inclusion and economic resilience in Emerging Markets. With this latest investment and additional support from IDB Invest, which upsized its commitment by $50 million in January 2025, the Fund now exceeds $200 million in total commitments. IFC’s new commitment extends the...
Interlace Secures $10Mn Series B1, Expands Leadership for Global Growth
December 4, 20248 min
Interlace, a global card issuance and digital asset management platform based in Singapore, announced today that it has raised $10 million in its Series B1 funding round. The round was led by Bitrock Capital, with participation from prominent individual investors in the fintech industry, including early employees and senior managers from leading companies such as Klarna and Robinhood. To date, Interlace has issued over 4.5 million cards, partnered with 100+ integrated partners, and processes over 60 million transactions annually. The new funding will support Interlace’s...
Ant Group unveils its Financial LLM and Two New Applications
September 11, 20238 min
Financial LLM is in closed test with financial institution partners on Ant Group’s wealth management and insurance platforms The company will implement the financial LLM on its digital finance platform business supporting financial institutions in the China market. Ant Group today unveiled its financial large language model (“the financial LLM”) at the 2023 INCLUSION·Conference on the Bund, alongside two new applications powered by the financial LLM including Zhixiaobao 2.0, an intelligent financial assistant for consumers,...