February, 2025

February, 2025

Report: Stock Market Selloff Could Impact High-Income Earners’ Retail Spending
A selloff in the stock market reportedly could have repercussions beyond Wall Street. Investors tend to be the high-income Americans who have been driving consumer spending in recent years, and a decl...

Digital Assets Firm OKX Australia Releases Responsibility Report, Aims to Set Standards for Transparency
OKX has released their ‘Responsibility Report,’ providing insight into how their platform aims to: safeguard customer assets, help prevent fraud, operate within the Australian regulatory environme...

Fast Payments Enabling Financial Inclusion in Latin America and the Caribbean – BIS Report
The Bank for International Settlements (BIS) recently released a paper focused on fast payments and financial inclusion in Latin America and the Caribbean, providing insights on how advancements in pa...

LatAm Fintech Infrastructure Provider Prometeo Launches Borderless Banking Solution
Prometeo, a Fintech infrastructure company connecting corporations with financial institutions in Latin America and the US, announced the launch of its Borderless Banking offering to support business-...

Newsmax Launches Reg A Funding Round, Plans IPO on NYSE End of Month
Newsmax, a conservative-leaning news startup, plans to go public on March 31, 2025. Shares are expected to trade on the NYSE under the ticker symbol NMAX. NewsMax recently completed a Reg D offering, ...

FinCEN Targets Money Service Businesses in the Southwest to Battle Mexican Cartels
FinCEN, the enforcement arm of the US Department of Treasury, is taking an interesting approach to battling nefarious activities occurring the the US. According to a public statement, FinCEN is gunnin...

Payments and Cashflow Fintech Mimo Raises $8.5 Million in Equity Capital, $125 Million in Embedded Finance
Financial management Fintech Mimo says it has raised $8.5 million in equity capital and $125+ million in “embedded finance.” Mimo is short for Money in, Money out. Mimo was founded in 2023 by Henr...

Spectre Divide and its developer are shutting down
Spectre Divide, a Valorant-like free-to-play shooter where you control two bodies, is shutting down just months after its September launch. “We were optimistic about the first week,” develope...

Meta is trying to block ex-employee’s book alleging misconduct and harassment
An arbitrator has decided in favor of Meta in a case the company brought against Sarah Wynn-Williams, the former Met...

Meta is trying to ‘offload’ kids safety onto app stores with new bills, Google says
Meta has spent more than a year advocating for new laws requiring app stores to give parents control over kids’ app downloads, and just saw an early victory in the states. But Google charges tha...

March

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March