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Monday, March 10, 2025

Fintech
Fintech Rundown: A Rapid Review of Weekly News
Fintech Rundown: A Rapid Review of Weekly News
By David Penn

The Finovate team is back from another successful FinovateEurope fintech conference. We will share our event reviews, including key moments and top takeaways, on the Finovate blog in the days to come. In the meanwhile, the Fintech Rundown is here to help us a…

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Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale
Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale

March 3, 2025 • By techcrunch.com

Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures…

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Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale
Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale

March 3, 2025 • By Mary Ann Azevedo

Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures…

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Pixtral-12B-2409 is now available on Amazon Bedrock Marketplace
Pixtral-12B-2409 is now available on Amazon Bedrock Marketplace

March 3, 2025 • By Deepesh Dhapola

In this post, we walk through how to discover, deploy, and use the Mistral AI Pixtral 12B model for a variety of real-world vision use cases.

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VCs bet on AI startups in India; see application-layer AI gaining steam
VCs bet on AI startups in India; see application-layer AI gaining steam

March 3, 2025 • By Jyoti Banthia

Investors are betting on financial services, IT & technology services, healthcare, retail, FMCG, logistics, and research-driven industries

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Dave Selects Washington-Based Coastal Community as Sponsor Bank
Dave Selects Washington-Based Coastal Community as Sponsor Bank

March 3, 2025 • By PYMNTS

Neobank Dave selected Washington-based Coastal Community Bank as a sponsor bank for its banking products and its ExtraCash demand deposit account. The neobank’s customers will begin onboarding to Coastal Community Bank as soon as the second quarter, Dave and …

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Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud
Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud

March 3, 2025 • By PYMNTS

Credit union service organization Velera is sounding the alarm on “consumer-engaged” fraud. The group on Monday (March 3) announced it had released a guide on this type of fraud to help educate the financial services industry. “Consumer-engaged fraud is among…

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Fiserv Finalizes Payfare Purchase to Boost Embedded Finance Offerings
Fiserv Finalizes Payfare Purchase to Boost Embedded Finance Offerings

March 3, 2025 • By PYMNTS

Payments and financial services tech firm Fiserv finalized its purchase of Payfare. The completed deal makes the founders and employees of earned wage access (EWA) provider Payfare part of the Fiserv team, according to a Monday (March 3) press release. “This …

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The crypto law alphabet soup of the UAE
The crypto law alphabet soup of the UAE

March 3, 2025 • By Cointelegraph by Irina Heaver

From SCA and VARA to DMCC and ADGM, learn how the UAE’s acronym-filled regulatory framework shapes its position as a global crypto hub.

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Peter Thiel-backed fintech Ramp nearly doubles valuation to $13bn
Peter Thiel-backed fintech Ramp nearly doubles valuation to $13bn

March 3, 2025 • By ft.com

Peter Thiel-backed fintech Ramp nearly doubles valuation to $13bn Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.

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U.S. Authorities recovered $31 Million Related to 2021 Uranium Finance cyber heist
U.S. Authorities recovered $31 Million Related to 2021 Uranium Finance cyber heist

March 3, 2025 • By Pierluigi Paganini

U.S. authorities have recovered $31 million in cryptocurrency stolen during the 2021 cyberattacks on Uranium Finance. U.S. authorities recovered $31 million in cryptocurrency stolen in 2021 cyberattacks on Uranium Finance, which is a decentralized finance (De…

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How women are transforming FinTech (Kyrylo Reitor)
How women are transforming FinTech (Kyrylo Reitor)

March 3, 2025 • By Editorial Team

Every historical change begins with an invisible impulse - a quiet spark that eventually grows into ...

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$XRP Challenges All-Time High As Ripple CEO Blasts Maximalism Anew
$XRP Challenges All-Time High As Ripple CEO Blasts Maximalism Anew

March 3, 2025 • By Marvie Basilan

$XRP is now much closer to its all-time high after it surged as high as $2.96 at one point Sunday night following President Trump's big news about a national crypto reserve that will include the $XRP token.

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Layoffs hit Ola Electric; Paytm shares dive 4%
Layoffs hit Ola Electric; Paytm shares dive 4%

March 3, 2025 • By ETtech

Ola Electric has implemented significant job cuts amidst ongoing challenges. This and more in today’s ETtech Top 5.

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ED Says Paytm Violated Foreign Exchange Rules
ED Says Paytm Violated Foreign Exchange Rules

March 3, 2025 • By Reuters

The Enforcement Directorate (ED) said that Paytm had made a foreign investment in Singapore and did not file the necessary reporting to the Reserve Bank of India (RBI).

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How Indian Startups Are Securing Investments Amid Economic Uncertainty (Shailendra Prajapati)
How Indian Startups Are Securing Investments Amid Economic Uncertainty (Shailendra Prajapati)

March 3, 2025 • By Editorial Team

Introduction: Resilience in a Challenging Economy Despite global economic headwinds and domestic mar...

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Peter Thiel-backed fintech Ramp nearly doubles valuation to $13bn
Peter Thiel-backed fintech Ramp nearly doubles valuation to $13bn

March 3, 2025 • By ft.com

US payments start-up completes share sale as business rebounds after period of low customer spending

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The Payments Association releases recommendations for UK growth in 2025 manifesto
The Payments Association releases recommendations for UK growth in 2025 manifesto

March 3, 2025 • By Editorial Team

The Payments Association has released its Payments Manifesto 2025, which calls for the UK government to implement 66 policies recommended by payments professionals.

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President Trump To Host First-Ever White House Crypto Summit: What It Means For The Industry
President Trump To Host First-Ever White House Crypto Summit: What It Means For The Industry

March 3, 2025 • By Marvie Basilan

President Trump will host crypto leaders Friday in the White House's first ever crypto summit, raising hopes for better regulations and clearer rules for the road for various cryptocurrency segments.

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President Trump To Host First-Ever White House Crypto Summit: What It Means For The Industry
President Trump To Host First-Ever White House Crypto Summit: What It Means For The Industry

March 3, 2025 • By Marvie Basilan

President Trump will host crypto leaders Friday in the White House's first ever crypto summit, raising hopes for better regulations and clearer rules for the road for various cryptocurrency segments.

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