June 13, 2025 • By GlobeNewswire

PARIS, June 13, 2025 (GLOBE NEWSWIRE)  Monshaat, Saudi Arabias Small and Medium Enterprises General Authority, led a group of five potential Saudi unicorns SMEs to participate in VivaTech 2025, Europ…

June 13, 2025 • By Research and Markets

A report on the global BFSI BPO Service market has been released, valued at $92.4 billion in 2024 and projected to reach $192 billion by 2030, growing at a 13% CAGR. The market is driven by demand for automation, customer engagement, and compliance support. Key companies featured in the report include 43 industry players. The report provides an in-depth analysis of market trends, drivers, and forecasts, helping businesses make informed decisions. It also explores the evolution of hybrid cloud, AI-integrated workflows, and regulatory-as-a-service models in supporting agile BFSI operations.

June 13, 2025 • By Monsha’at

Monsha'at, Saudi Arabia's Small and Medium Enterprises General Authority, led a group of five potential Saudi unicorns to participate in VivaTech 2025, a technology and innovation exhibition in Paris. The event featured 13,500 startups, 3,200 investors, and over 165,000 attendees. The Saudi cohort included startups such as Telgani, Soum, Webook, SiFi, and Rewaa, showcasing the Kingdom's growing e-commerce, transportation, and fintech sectors. Monsha'at's participation aimed to expose high-potential Saudi startups to global best practices and strategic networks, driving growth and innovation in the Saudi startup space. Saudi Arabia's private sector recorded a 48% increase in commercial registrations in Q1 2025, with high-growth sectors including e-commerce and cloud-computing.

June 13, 2025 • By ETtech

The provided text appears to be a collection of news headlines and promotions for an online news service, rather than a single news article. However, I can summarize some of the headlines for you: * A Warren Buffett fan, Pabrai, is investing in Edelweiss' Rashesh Shah. * A startup is battling Procter & Gamble over neem. * China is using rare earths in an economic war. * Zomato may be under siege from quick commerce. * There are 9 stocks in the financial services sector with potential upsides of up to 37%. Please let me know if you would like me to summarize any of these headlines in more detail.

June 13, 2025 • By BL Bengaluru Bureau

Groww, a fintech major, has raised ₹1,735 crore ($200 million) in a fresh funding round led by Singapore-based GIC and existing investor ICONIQ Capital. The company will use the proceeds to grow its existing business and subsidiaries. Groww has seen significant growth, emerging as the fastest-growing retail broking platform in India with a 26% market share as of March 2025. The company reported a net profit of ₹1,819 crore and revenue of ₹4,056 crore for fiscal 2025, with a 36% year-on-year increase in its active client base. Groww has also expanded into digital lending, wealth management, and allied services, and recently acquired Fisdom, a wealth advisory platform, for around $150 million.

June 13, 2025 • By PTI

The provided text appears to be a list of news article headlines rather than a full news article. However, I can summarize the topics covered: The headlines cover various business and economic topics, including: - Investments by Warren Buffett-fan Pabrai in Edelweiss - A company's efforts to balance coal and green energy - A startup's battle with Procter & Gamble over neem - China's use of rare earths in economic warfare - Zomato's potential issues with quick commerce - Stock market predictions for the financial services sector These topics suggest a focus on business, economics, and trade, with a mix of company-specific news and broader industry trends.

June 13, 2025

SAO PAULO :Brazilian fintech Meliuz raised 180.08 million reais ($32.39 million) in a follow-on share offering aimed at obtaining funds to purchase bitcoin, it said in a securities filing on Friday. …

June 13, 2025 • By Bitcoin Depot Operating LLC

Bitcoin Depot, a US-based Bitcoin ATM operator, has purchased additional Bitcoin as part of its treasury strategy, now holding over 100 BTC. The move reinforces the company's belief in Bitcoin's long-term potential and follows significant momentum in 2025, marked by policy clarity, growing institutional demand, and a recent all-time price high of over $111,000. Bitcoin Depot operates the largest Bitcoin ATM network in North America with over 8,500 locations and a growing international footprint. The company remains committed to enabling access to Bitcoin and aligning with its future.

June 13, 2025 • By RBH Infinity Exchange

RBH Infinity Exchange has issued a statement regarding its trademark and app name, warning against unauthorized use and infringement. The company's official trademarks include three logos, and its latest app is called "RBH Infinity Functional Savvy." RBH has discovered individuals using related names and identifiers, publishing misleading information, and engaging in illegal activities. To protect users, RBH has commissioned a legal team to investigate and take action. Users are reminded to only access RBH products and services through official channels, including the website and app, to avoid financial losses. RBH reserves the right to pursue legal actions against unauthorized use of its intellectual properties.

June 13, 2025 • By Luisa Beltran

Chime Financial, a fintech company, went public on Thursday with a $16.1 billion valuation, 36% lower than its 2021 valuation of $25 billion. Despite this, the IPO is seen as a win for the company and a sign that the public equities market is open for new issues, particularly in the fintech category. Chime's shares opened at $43, up 59% from the offer price, and closed at $37.11. The company's performance is attributed to its strong business model, which offers traditional financial services to lower-income US consumers. Chime's IPO is one of several recent strong debuts, including Circle, which rose 168% in its debut. The successful IPOs suggest that the market is receptive to high-growth tech companies, but it remains to be seen if smaller, less profitable companies will also be well-received.

June 13, 2025 • By Luisa Beltran

Chime's IPO stock price has risen by 37%, indicating a positive trend in the IPO market. This increase is a significant development, as reported by Luisa Beltran, a finance reporter at Fortune who covers private equity, Wall Street, and fintech M&A.

June 13, 2025 • By Abhishek Gandotra, Forbes Councils Member, Abhishek Gandotra, Forbes Councils Member https://www.forbes.com/councils/forbestechcouncil/people/abhishekgandotra/

The article discusses the impact of AI on financial services, particularly in regards to fraud and compliance. With the rise of AI, fraudsters have become more sophisticated, using AI-generated deepfakes, spoofed documents, and synthetic identities to commit crimes. In 2024, US consumers lost over $12.5 billion to fraud, a 25% increase from the previous year. To combat this, fintech companies must design innovative, AI-powered solutions that are safe, compliant, and trusted. The author, Abhishek Gandotra, suggests four key strategies: 1. Compliance by design: Embed risk reviews into the product life cycle. 2. Use AI to govern AI: Utilize AI tools to monitor model bias and track fraud signals. 3. Risk-based friction: Tailor controls based on actual risk to protect users without unnecessary roadblocks. 4. Stay ahead of policy shifts: Engage with regulators and build modular systems that can adapt to evolving rules. The author emphasizes the importance of trust in the digital-first world, challenging the industry to focus on building for inclusion, making compliance a product advantage, being radically transparent, and seeing risk as a design input. By doing so, fintech companies can create financial products that serve more people, more safely, and with integrity.

June 13, 2025 • By DN Miner

DN Miner, a cloud mining platform, is enhancing its user interface and experience to make crypto mining more accessible and intuitive. The platform's updates, driven by user feedback, have transformed its interface into a minimalist dashboard supporting all levels of crypto users. Notable features include a powerful yet easy-to-use interface, high-performance backend infrastructure, and the ability to start cloud mining within minutes. DN Miner's human-centered design philosophy ensures a frictionless front-end, making it easier for users to navigate and earn passive crypto income. The company reports record user acquisition, driven by users frustrated with competitor platforms. DN Miner is making crypto mining more accessible, profitable, and secure, with a $100 new user bonus available on its website.

June 13, 2025 • By GlobalData

UK-based fintech company Peymo has launched an AI-powered digital banking platform, claimed to be the world's first. The platform integrates traditional fiat banking, cryptocurrency wallets, tokenized assets, and embedded finance into a unified system. It features a modular architecture, AI-driven voice-first interface, and five specialized AI agents for real-time monitoring and optimization. The platform offers various features, including tokenized payments, multi-currency IBANs, a built-in crypto wallet, and contactless crypto payments. Peymo's founder, Tomas Bartos, aims to make complex finance invisible by fusing AI, fiat, crypto, and embedded finance into a single stack. The company is seeking €5m in funding and has letters of intent from potential partners and clients across Africa, Australia, and Europe.

June 13, 2025 • By MoneyHero Limited

MoneyHero Limited, a personal finance aggregation and comparison platform, announced its Q1 2025 financial results. Key highlights include: - Net loss reduced to $2.4 million from $13.1 million in the same period last year. - Adjusted EBITDA loss improved to $3.3 million from $6.4 million. - Cost of revenue decreased by 20 points to 44% of total revenue. - High-margin verticals such as insurance and wealth now account for 25% of total revenue. - Registered MoneyHero Group Members increased by 38% year-over-year to over 8 million. - The company has no debt and $36.6 million in cash, positioning it for investment in growth initiatives. Management expressed confidence in the company's strategy, citing improvements in revenue quality, operating leverage, and margin expansion. They anticipate accelerating topline growth in the second half of 2025 through strategic partnerships and the launch of new products, such as Credit Hero Club.

June 13, 2025 • By Bogdan Patru

Evertz Pharma, a German company, has created a long-term Bitcoin reserve, investing $10.8M in Bitcoin. This move is part of a growing trend of companies buying and holding Bitcoin, with Mercurity Fintech Holding planning to create an $800M Bitcoin treasury. Mercurity's CEO believes Bitcoin will become essential to the future financial infrastructure. Other companies, like Michael Saylor's Strategy, have also built significant Bitcoin reserves. This trend suggests increasing credibility for the crypto market, potentially leading to growth for other cryptocurrencies. Three altcoins that could surge are Solaxy ($SOLX), Snorter Token ($SNORT), and KAKA ($KAKA), which offer innovative solutions and have shown promising presale performances.

June 13, 2025 • By Cointelegraph by Helen Partz

Cryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle, ProCapBTC, which aims to raise $750 million. Pompliano is expected to become CEO of ProCapBTC, a Special Purpose Acquisition Company (SPAC) that will merge with Columbus Circle Capital 1. The merger, backed by Cohen & Company investment bank, could be announced next week. ProCapBTC seeks to raise $500 million in equity and $250 million in convertible debt. This news follows Pompliano's leadership of ProCap Acquisition, a fintech-focused SPAC that debuted on the Nasdaq in April.

June 13, 2025 • By Editorial Team

The traditional fintech playbook of hiring more people is becoming outdated. Instead, smart fintechs are designing for a world of leverage, using autonomous agents to scale adaptability and intelligence faster than bureaucracy and payroll. This approach allows teams to grow by the agent, rather than by the dozen, making them more efficient and effective.