Tag: finance | BizAndTech Newswire

finance

QED Investors Announces Investment in Fintech NymCard, Enhancing MENA Region’s Payments Infrastructure
NymCard, the embedded finance platform operating across 10+ countries in MENA, has secured $33 million in its Series B funding round, led by QED Investors. This marks QED Investors’ most “signific...

MGM CEO comments positively on Thailand amidst entertainment complex plans
As Thailand continues in its approach to the Entertainment Complex bill, the CEO of MGM Resorts International has shown interest in a webcast. The CEO, Bill Hornbuckle, was speaking alongside the CFO ...

Money Mobility Redefines Banking as a Service for FIs and FinTechs
The shakeup and shakeout of banking as a service (BaaS), in the wake of the Synapse bankruptcy last year, has opened up new potential for embedded finance. Money mobility’s at the center of it all, ...

Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure project. The AI Infrastructure Fund, backed by BlackRock, Microsoft and Abu Dhabi AI invest...

Keeping Stablecoins Stable is Complicated: Why CFOs Need to Pay Attention
Stablecoins couldn’t have chosen a better name. Compared to other, more volatile cryptocurrencies that have traditionally defined crypto markets, stablecoins have positioned themselves as a trusted,...

Deloitte Begins Rollout of AI Agents for Finance and Other Business Functions
Deloitte has unveiled a platform that offers a suite of artificial intelligence (AI) agents that are ready to deploy and will perform business functions. The new Zora AI by Deloitte portfolio currentl...

UK P2P Lender Folk2Folk Tells Chancellor to Include IFISAs in ISA Discussions
Folk2Folk, a peer-to-peer lender serving smaller businesses, has written to the Chancellor of the Exchequer, Rachel Reeves, asking her to include IFISAs in the ISA discussion. IFISAs, or innovative fi...

Curetopia raises $1.77M to drive decentralized biotech breakthroughs using Solana
Curetopia has secured $1.77 million in funding to expedite treatments for rare diseases through a decentralized biotech model leveraging Solana. The fundraising effort, supported by more than 1,000 in...

President Trump’s World Liberty Financial Sells $550,000,000 Worth of WLFI Tokens to 85,000 Participants
The Trump family-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has completed its second set of token sales. The DeFi protocol sold $250 million worth of its native WLF...

Tesla stock has crashed 44%: Can it ever recover?
Tesla (TSLA) stock has experienced a significant decline, dropping 44% in 2025, contrasting sharply with the S&P 500 and Nasdaq Composite, which fell by 4% and 9%, respectively. While the stock is dow...

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July