Michael Fidance appointed as Head of CEEMEA Equities to drive growth across Central and Eastern Europe, the Middle East and Africa.
Zycus, a global leader in AI-powered procurement technology, has been named a Leader in the IDC MarketScape: Worldwide AI-Enabled Source-to-Pay 2025 Vendor Assessment. This recognition follows a comprehensive evaluation, including RFI submissions, live product demos, analyst briefings, and customer interviews. “Zycus is a recognized Leader in the Source-to-Pay space leveraging Agentic AI to drive procurement transformation. With AI agents like Merlin Intake and the Autonomous Negotiation Agent (ANA), Zycus offers a seamlessly integrated solution suite for enterprises focused...
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the appointment of Cindy Marrs as a Senior Advisor. In this role, Cindy will leverage her more than 30 years of wealth management expertise and leadership experience to advise the firm and support the continued growth of Stonepeak+, Stonepeak’s dedicated wealth solutions platform. Cindy joins Stonepeak’s deep bench of Senior Advisors and Operating Partners with three decades of wealth leadership experience at...
Levelpath Raises $55M+ to Transform Enterprise Procurement
July 8, 20259 min
New funding fuels launch of autonomous AI agents for enterprise procurement
Intuit Launches Virtual AI Team to Boost Business Growth
July 8, 202510 min
AI agents and trusted AI-enabled human experts available in Intuit QuickBooks assist businesses with saving time, making smarter decisions, and driving better money outcomes
BlackRock, Inc. (NYSE: BLK) and HPS Investment Partners (HPS) today announced the successful completion of BlackRock’s acquisition of HPS. Private credit is reshaping financial markets and the structural trends supporting its growth have accelerated the convergence of public and private markets. Financing activity is being shifted toward the capital markets, positioning asset managers to match long-dated capital with long-term investors, including insurance companies, pensions, sovereign wealth funds, wealth managers, and individuals saving for retirement. With...
AEON, the next-generation crypto payment framework, has announced a strategic partnership with Blum, a fast-rising decentralized multichain trading ecosystem, to integrate and support its newly listed token $BLUM across AEON Pay’s real-world crypto payment infrastructure. Through this partnership, $BLUM holders can now spend their tokens across millions of online and offline merchants, including global brands like McDonald’s, Starbucks, and UNIQLO, as well as over 20 million local retailers across Southeast Asia and Nigeria. Powered by AEON Pay, AEON’s Web3 mobile payment product available via...
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released a new Bybit TradFi x Crypto Report looking beyond PEs in evaluating the growth potential of Coinbase Global Inc. (NASDAQ: COIN). While the U.S.-based cryptocurrency exchange trades at premium valuations, positive regulatory momentum, institutional acceptance, and Coinbase’s strategic product launches position it for continued top-line expansion. The latest report follows a recent analysis tracking Circle’s ascend, the new stablecoin darling on Wall Street whose initial public offering...
ZhongAn Raises $500M in H Share Placement for Growth
July 7, 20253 min
ZhongAn Online P & C Insurance Co., Ltd. (“ZhongAn” or the “Company“; HKEX: 6060) announced on July 4 the successful completion of its H share placement, raising gross proceeds of approximately HK$3.92 billion (US$500 million). This marks the Company’s first equity financing since its 2017 IPO and signifies a major milestone in advancing its growth strategy. A total of 215 million new H shares were issued at HK$18.25 per share, representing approximately 12.76% of the Company’s enlarged share capital. The placement achieved...
Digital Finance Forum 2025 Held at Beijing Finance Park
July 7, 202519 min
On July 3, the Digital Finance Forum of the Global Digital Economy Conference 2025 was held at the Beijing Banking & Insurance Business Park. The forum was hosted by the Shijingshan District People’s Government of Beijing Municipality and Asia Digital Group. As a key event of the Global Digital Economy Conference, it brought together governments, financial institutions, and experts from countries including the United States, the United Kingdom, Germany, Japan, and Finland to engage in in-depth discussions on the theme of “Industry-City Synergy,...