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Flowdesk, a full-service digital asset trading and technology firm, has successfully closed a significant financing round. This round amassed $102m, comprising equity injections from HV Capital and debt financing from funds managed by BlackRock. Since its inception in 2020, Flowdesk has positioned itself as a formidable liquidity provider in the cryptocurrency sector.The firm raised a substantial $102m through contributions from existing shareholders, HV Capital, and financing from BlackRock-managed funds. This capital injection underscores Flowdesk’s strong position in the market and supports its strategic financial backing.Flowdesk is dedicated to pioneering trading technology and liquidity solutions, particularly through its Market-Making as a…

Marqeta and Spendesk Financial Services have entered into a strategic partnership to redefine expense management in Europe. Marqeta stands out as a global modern card issuing platform that empowers embedded finance solutions, offering unparalleled support to innovators worldwide. Meanwhile, Spendesk is Europe’s premier spend management and procurement solution, dedicated to transforming how companies handle their expenses through its AI-powered platform.The core aim of this collaboration is to enhance the financial operational capabilities of medium-sized businesses across Europe. By integrating Marqeta’s robust card issuing and processing technology with Spendesk’s comprehensive spend management services, the partnership is set to deliver superior budget…

Nuuk, Greenland – Greenland’s most popular social media influencer announced her political bid just weeks ahead of Tuesday’s elections as she felt the winds of change blowing across the vast Arctic island. “This is truly a historic moment. I feel like we are finally voting on independence. This has primarily happened because the US is showing greater interest in Greenland,” Qupanuk Olsen, the 39-year-old running with the pro-independence opposition party Naleraq in the parliamentary vote, told Al Jazeera. “It’s a huge wake-up call.” Usually, she spends her time updating her hundreds of thousands of social media followers about everyday life…

Astrada, a FinTech firm focused on streamlining transaction data management, has emerged from stealth mode to introduce a unified API designed to enhance the infrastructure, compliance, and workflows of software companies.The company is led by CEO Salman Syed, a payments industry veteran with experience at Mastercard and Marqeta, according to FF News.The launch of this new API comes in response to growing demands from finance leaders and employees for greater visibility into company spending and more efficient expense reporting.Traditional spend management platforms have struggled with integration complexity, data accuracy, and security concerns, limiting their ability to support businesses using existing…

Key Global FinTech investment in 2024:Global FinTech deal activity halved in 2024India joined top three for global deal activity with 4% of the overall dealsSvatantra, a technology driven microfinance company, secured one of the largest FinTech funding rounds in India in 2024 with a $230m private equity investment dealGlobal FinTech deal activity halved in 2024The global FinTech market faced a substantial downturn in 2024, with both funding and deal activity declining sharply compared to the previous year.Total funding fell to $89.66bn, marking a 45% drop from the $164.45bn raised in 2023.Deal volume also contracted significantly, with 6,331 deals recorded in…

India captain Rohit Sharma has no plans to quit the 50-overs format anytime soon, the opener said after guiding the team to the Champions Trophy title in Dubai. Rohit quit Twenty20 Internationals immediately after leading India to their second 20-overs World Cup title in West Indies last year. Speculation was rife that the opener, who turns 38 next month, might do likewise after India beat New Zealand in the 50-overs final on Sunday. Though not asked about retirement plans, Rohit headed off speculation by ending his post-match press conference saying, “One more thing, I’m not going to retire from this…

The Foreign Ministry in Pyongyang warns US-South Korean exercises threaten “conflict”.North Korea has fired several ballistic missiles as South Korea and the United States initiated military drills. South Korea’s Joint Chiefs of Staff said on Monday that North Korea’s fifth launch event this year fired several missiles off the west coast into the sea. The launch came as South Korea and the US began their annual Freedom Shield joint exercises. The drills are scheduled to last until March 20. That drew condemnation from nuclear-armed Pyongyang, which issued a statement calling the exercises a “dangerous provocative act” that increases the risk…

At least four people were injured in the central Indian town of Dr Ambedkar Nagar on Sunday in clashes that erupted when revellers celebrating India’s Champions Trophy win lit firecrackers outside a mosque, officials said. India won the Champions Trophy title on Sunday evening after beating New Zealand by four wickets in the final in Dubai, claiming its second successive global title. The clashes in Dr Ambedkar Nagar, earlier known as Mhow, involved stone pelting from both sides, officials said, and several cars, shops, and bikes were also vandalised and torched. The town is located about 200 kilometres from Madhya…

LOS ANGELES (AP) — When artificial intelligence-backed tractors became available to vineyards, Tom Gamble wanted to be an early adopter. He knew there would be a learning curve, but Gamble decided the technology was worth figuring out.The third-generation farmer bought one autonomous tractor. He plans on deploying its self-driving feature this spring and is currently using the tractor’s AI sensor to map his Napa Valley vineyard. As it learns each row, the tractor will know where to go once it is used autonomously. The AI within the machine will then process the data it collects and help Gamble make better-informed…

US president says economy is in a “period of transition” amid uncertainty over his trade policies.United States President Donald Trump has declined to rule out the possibility that the world’s largest economy is headed for a recession amid market concerns over his “America First” economic agenda. In an interview with Fox News that aired on Sunday, Trump demurred when asked if he expected a recession this year. “I hate to predict things like that. There is a period of transition, because what we’re doing is very big. We’re bringing wealth back to America. That’s a big thing,” Trump said during…