1. Wefox closes €170M refinancing deal
Wefox, a European insurtech leader, has successfully closed a €170 million refinancing deal to support its growth in the insurance market. Source
2. Regnology secures investment for global expansion
Regnology has received a major investment from CPP Investments, aimed at fueling the company’s global expansion in financial services. Source
3. Swiss Re appoints Aisyah Fuad for Southeast Asia
Swiss Re has appointed Aisyah Fuad as Market Head for Southeast Asia to strengthen its operations and drive growth in the region. Source
4. PXP Financial and DisputeHelp roll out fraud solutions
PXP Financial and DisputeHelp have launched new fraud prevention solutions to help businesses combat growing online threats. Source
5. Hiscox appoints CTO to drive digital transformation
Hiscox has appointed Frank Lamantia as its new CTO to lead its digital transformation and enhance its tech-driven capabilities. Source
6. Qi Card partners with Ant to boost Iraq’s digital economy
Qi Card has teamed up with Ant International to enhance Iraq’s digital economy by launching new fintech solutions and expanding mobile payments. Source
7. Checkout.com cuts staff after sales losses
Checkout.com has announced staff cuts following a slowdown in sales, as the company refocuses its operations to adapt to market conditions. Source
8. Blockchain groups sue IRS over DeFi regulations
Several blockchain groups are suing the IRS over new DeFi regulations, claiming that they impose unfair burdens on decentralized finance projects. Source
9. Putin orders Russian bank to collaborate on AI
President Putin has ordered a major Russian bank to cooperate with China on AI development, signaling a push for stronger bilateral tech ties. Source
10. Binance secures Brazilian regulatory approval
Binance has secured regulatory approval in Brazil, solidifying its position in the South American market and expanding its international operations. Source
11. Nigeria’s Bankit MFB unveils web banking platform
Bankit MFB in Nigeria has launched a web banking platform, offering enhanced financial services to customers across the country. Source
12. Binance Labs invests in Thena
Binance Labs has made a strategic investment in Thena, a decentralized exchange platform, expanding its portfolio of DeFi-related projects. Source
13. Qi Card launches SuperQI app with Ant
Qi Card has partnered with Ant International to launch the SuperQI app, aimed at enhancing Iraq’s digital payments ecosystem. Source
14. Union Bank of India adds CBDC app features
Union Bank of India has updated its CBDC app with new accessibility features, aiming to provide more inclusive digital currency services. Source
15. Employer.com acquires Bench Accounting
Employer.com has acquired Canadian fintech firm Bench Accounting, bolstering its position in the financial services and accounting market. Source
16. Infinant raises $15M in Series A funding
Infinant, a U.S. banking technology startup, has secured $15 million in a Series A funding round to enhance its digital banking solutions. Source
17. Robinhood plans aggressive comeback in 2025
Robinhood, already seeing a stock revival, plans an aggressive expansion strategy for 2025 to reclaim its market leadership in online trading. Source
18. RIPE publishes 2025 activity plan and budget
RIPE has released its 2025 activity plan and budget, outlining goals for improving global internet infrastructure and governance. Source
19. ARIN announces 2025 plans
ARIN has unveiled its plans for 2025, focusing on enhancing the management and allocation of internet resources across North America. Source
20. Poet Technologies acquires Chinese firm SPX
Poet Technologies has acquired Chinese photonics firm SPX, bolstering its capabilities in high-performance photonic devices. Source
21. Veon, Starlink partner on Ukraine communications
Veon has partnered with Starlink to improve telecommunications services in Ukraine, focusing on enhancing connectivity in conflict zones. Source
22. Telecom giants test copper networks for 5G
Telecom giants are testing copper networks as part of 5G rollouts, aiming to extend network capabilities while reducing costs. Source
