L2 Capital, a Hong Kong-based technology investment firm, has signed on as a founding partner of Newton Labs‘ tokenization platform, targeting $500 million in tokenized pre-IPO and late-stage technology holdings within 24 months of the platform’s launch. The partnership is one of the more substantive announced applications of real-world asset tokenization to private-market equity, a […]
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Goldman Sachs has named Gil Mandelzis, founder and chief executive of capital-markets technology firm Capitolis, among its Most Exceptional Entrepreneurs of 2026 at the bank’s annual Builders and Innovators Summit in Healdsburg, California. It is the second consecutive year Mandelzis has received the recognition. Gil Mandelzis, founder and CEO at Capitolis The award lands at […]
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Splitit has announced the Splitit World Mastercard, a white-label credit card built for mid-sized banks and credit unions that embeds instalment payment functionality into everyday card spending. The product is expected to reach financial institutions in early 2027, built on Mastercard’s network and branded under each issuing institution’s own name. The card works through a […]
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Bizcap has brought its Line of Credit Ultra product to the UK market, offering small and medium-sized enterprises revolving access to working capital of up to £500,000 on terms of up to 12 months. The product is available now via the company’s UK website, with a separate broker and adviser channel for intermediaries. Sasha Berg, […]
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TEG‘s SmartPay platform has surpassed £478 million in total payments to UK road haulage businesses since launch, with £418 million of that figure processed in the 12 months to October 2026. The milestone underlines a sharp acceleration in adoption among a sector historically locked out of mainstream invoice finance. SmartPay was designed to address a […]
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Plus500 has conditionally agreed to acquire Hedge Capital Markets Inc., a US broker-dealer registered with the Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority. The deal, funded entirely from the FTSE 250 group’s existing cash reserves, which stood at over $860 million as of 30 June 2026, gives Plus500 its […]
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Morpho has appointed Brian Foster as head of go-to-market as the Paris and New York-based onchain credit network reports record deposits of $17 billion. Foster joins after more than seven years at Coinbase, where he led institutional and infrastructure businesses spanning exchange-traded funds, trading-as-a-service, stablecoin payments and the firm’s government practice. His most prominent commercial […]
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Capsafa, a UK fintech startup founded by financial services technology entrepreneur Dan Yorke, launched in September 2026 with a free platform designed to help households consolidate records of their accounts, investments, pensions, insurance policies and property in one place. The product is self-funded and the core service, including an Executor Pack that summarises a user’s […]
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Bank NXT, the Egyptian retail and corporate lender majority-owned by EFG Holding, has extended its processing relationship with Network International, migrating its ATM and debit card portfolio to the Dubai-headquartered firm’s end-to-end platform. The announcement, made in Cairo on 12 October 2026, positions the move as a core component of Bank NXT’s infrastructure modernisation programme, […]
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Gibraltar’s government and Abu Dhabi-based ADI Foundation have signed a memorandum of understanding to explore creating a multi-currency stablecoin consortium, with digital currencies referenced to sterling, the US dollar and the euro. The announcement marks an early-stage commitment rather than a live product: issuance remains contingent on commercial viability, the recruitment of founding members drawn […]
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