Latest FinTech & Blockchain News
Digital Asset Clearing Center raises $10 million strategic financing
Digital Asset Clearing Center has completed a $10 million strategic financing round, with participation from Fosun International, Conflux, and other investors. The deal signals continued institutional interest in blockchain market infrastructure and clearing services.
Bain says stablecoins will reshape wholesale banking
Bain & Company says stablecoins and tokenized deposits are shifting from crypto trading utilities to strategic wholesale banking assets. The report says stablecoin supply could grow up to 12-fold by 2030, driven by use cases such as emerging-market FX settlement and tokenized collateral management.
Circle pushes stablecoin settlement for institutional payments
Circle is expanding beyond retail crypto use cases and pitching stablecoin settlement as a replacement for legacy batch banking systems. The company argues that stablecoin-based rails can improve speed and efficiency in global payments and institutional cash movement.
CLARITY Act momentum lifts payment-focused crypto assets
XRP and other payment-oriented tokens rallied after the CLARITY Act advanced in Washington, boosting optimism around clearer U.S. crypto market structure. The move also came alongside new crypto index futures plans from CME Group and NASDAQ, adding to institutional market excitement.
U.S. crypto market structure bill advances in Senate committee
The Digital Asset Market Clarity Act moved out of the Senate Banking Committee in a bipartisan vote, marking a major step in U.S. digital asset regulation. The bill aims to split oversight between the CFTC and SEC, which could reduce uncertainty and support broader institutional participation if it clears the next legislative hurdles.
Weak rupee boosts demand for cross-border fintech services in India
Currency volatility is increasing demand for cross-border payments, remittances, and forex services from fintech firms in India. The article notes growing opportunities in SME exports, freelancer payments, and embedded forex solutions, helped by regulatory easing for bank-fintech partnerships.
a16z leads $25 million Series A for Stitch
Andreessen Horowitz led a $25 million Series A round for Stitch, a financial infrastructure platform focused on modernizing legacy banking systems. The financing brings Stitch’s total funding to $35 million and highlights continued investor appetite for fintech infrastructure.
Stablecoin-powered neobank Fasset raises $51 million
Fasset secured $51 million to expand across emerging markets and strengthen its lending, trade finance, and network infrastructure. The raise underscores investor confidence in stablecoin-enabled neobanking models targeting underserved regions.
BNPL-as-a-service company Equipifi raises $34 million
Equipifi closed a $34 million Series B round to expand its reach among financial institution partners and enhance its product suite. The company provides buy-now-pay-later capabilities as a service, reflecting continued demand for embedded consumer credit infrastructure.
NAB acquires fintech Banked to strengthen payments
National Australia Bank acquired fintech Banked to improve payments for businesses and accelerate lower-cost payment capability. The deal fits NAB’s strategy to expand its modern payments stack through acquisition.
KDDI acquires Coincheck Group stake and launches wallet venture
Japanese telecom-backed KDDI acquired a $65 million stake in Coincheck Group and formed a new joint venture, au Coincheck Digital Assets. The venture plans to launch a non-custodial digital asset wallet in 2026, combining telecom distribution with crypto infrastructure.