Breaking News
SoFi Partners with Lightspark to Power Blockchain-Enabled International Money Transfers
SoFi (NASDAQ: SOFI) announced its upcoming international money transfer service, enabling members to send funds abroad directly from the SoFi app with lower fees and faster delivery compared to traditional remittance service providers.
Lightspark, a leading enterprise infrastructure provider that uses the Bitcoin Lightning Network, will enable the technology via Universal Money Address (UMA), to send and receive money seamlessly, with access to an open global network for payments. SoFi will be one of the first US-banks to offer a blockchain-powered remittances service.
“For many SoFi members who regularly send money to loved ones internationally, the ability to quickly transfer money at low cost isn’t just a convenience, it’s a meaningful improvement to their everyday financial lives,” said Anthony Noto, SoFi CEO. “By embedding this directly into SoFi’s app, we’re unlocking the value of blockchain technology, to give members faster, smarter, and more inclusive access to their money.”
“SoFi is one of the most innovative and forward-thinking financial platforms in the US today,” said David Marcus, CEO and co-founder of Lightspark. “Digital banks are embracing UMA because it’s fast, cheap, and secure, and it uses the only open payments network that exists, Bitcoin. UMA on SoFi means customers can move dollars instantly, any time, globally, and we’re excited to see the demand via SoFi’s waitlist, proving that people are ready for the future of payments.”
SoFi’s international money transfer service will launch later this year. SoFi will be one of the lowest cost platforms to transfer money internationally, with the total costs being below the current national average. To ensure full transparency, exchange rate and fees will be displayed up front, before members hit send. The service will be available 24/7 directly on the SoFi app, without needing to use a third-party app.
- Club Brugge KV Appoints Neo as its Official Foreign Currency Exchange Partner Read more
- Coda Completes Acquisition of Recharge, Expanding Global Reach in Digital Content Monetization and Distribution Read more
- Work In Fintech and payabl. Partner to Showcase AI at Third Work in Fintech Summit Read more
- Bitget’s Smarter Speed Challenge Brings MotoGP Online Read more
- Experian M&A Activity Report Shows ThinCats as Leading Alternative Finance Debt Provider Across the UK in First Half of 2025 Read more
Club Brugge KV Appoints Neo as its Official Foreign Currency Exchange Partner
Club Brugge KV has announced a new five-year partnership with Neo as its Official Foreign Currency Exchange Partner
Coda Completes Acquisition of Recharge, Expanding Global Reach in Digital Content Monetization and Distribution
Coda, a global leader in digital content monetization headquartered in Singapore, has completed its acquisition of Recharge, Europe’s leading prepaid payments platform, headquartered in Amsterdam. This follows Coda’s announcement last month on the signing of a definitive agreement to acquire Recharge.
Work In Fintech and payabl. Partner to Showcase AI at Third Work in Fintech Summit
Work in Fintech (‘WIF’), the social project dedicated to increasing diversity and social mobility for young people in fintech, today announces the return of payabl., one of Europe’s leading financial technology providers, as main sponsor of its third flagship event - The Work In Fintech AI Summit - taking place at Google’s Headquarters in London.
Bitget’s Smarter Speed Challenge Brings MotoGP Online
Bitget, the world’s leading cryptocurrency exchange and Web3 company, is revving up for the second half of the MotoGP season with the official launch of the Smarter Speed Challenge, an online racing mini-game built to bring an adrenaline rush to the fingertips of both Web2 and Web3 users. Flagging off on August 18, this campaign blends online gameplay with real-world perks. Users can climb live online leaderboards for their chance at a share of 66,000 USDT, a paid trip to meet five-time world champion Jorge Lorenzo and exclusive 2026 MotoGP VIP Passes.
Experian M&A Activity Report Shows ThinCats as Leading Alternative Finance Debt Provider Across the UK in First Half of 2025
Today, Experian has published its latest MarketIQ report, detailing M&A activity across the UK and Ireland for the first half of 2025. ThinCats has ranked as the top alternative finance provider of debt funding across the UK, for deal volume.
HTX Ventures’ Comprehensive Analysis of Tokenized Stocks: Three Main Models, Key Players, and the Global Market Race
HTX Ventures, the global investment arm of HTX, has released its latest research report “Are Tokenized Stocks a Treat or a Trap? A Complete Guide”. The report examines the driving forces, mainstream models, and possible evolution paths of tokenized stocks, and explores how they may merge with traditional capital markets.
The UK’s Payments Revolution Can’t Ignore the Fraud Crisis
“The UK’s Payments Vision Delivery Committee (PVDC) has left fintechs and other companies in the transaction processing industry on the edge of their seat as they recently teased that not only would their official strategy for a “world-leading payments ecosystem” be made public this autumn, but that their Payments Forward Plan would be published by the end of the year. These initiatives, set forth under the sight of the National Payment Vision, will lay the blueprint for a true overhaul of the U.K. payments ecosystem that will champion “innovation, competition and security.”
Club Brugge KV Appoints Neo as its Official Foreign Currency Exchange Partner
Club Brugge KV has announced a new five-year partnership with Neo as its Official Foreign Currency Exchange Partner
Coda Completes Acquisition of Recharge, Expanding Global Reach in Digital Content Monetization and Distribution
Coda, a global leader in digital content monetization headquartered in Singapore, has completed its acquisition of Recharge, Europe’s leading prepaid payments platform, headquartered in Amsterdam. This follows Coda’s announcement last month on the signing of a definitive agreement to acquire Recharge.
Work In Fintech and payabl. Partner to Showcase AI at Third Work in Fintech Summit
Work in Fintech (‘WIF’), the social project dedicated to increasing diversity and social mobility for young people in fintech, today announces the return of payabl., one of Europe’s leading financial technology providers, as main sponsor of its third flagship event - The Work In Fintech AI Summit - taking place at Google’s Headquarters in London.
Bitget’s Smarter Speed Challenge Brings MotoGP Online
Bitget, the world’s leading cryptocurrency exchange and Web3 company, is revving up for the second half of the MotoGP season with the official launch of the Smarter Speed Challenge, an online racing mini-game built to bring an adrenaline rush to the fingertips of both Web2 and Web3 users. Flagging off on August 18, this campaign blends online gameplay with real-world perks. Users can climb live online leaderboards for their chance at a share of 66,000 USDT, a paid trip to meet five-time world champion Jorge Lorenzo and exclusive 2026 MotoGP VIP Passes.
Experian M&A Activity Report Shows ThinCats as Leading Alternative Finance Debt Provider Across the UK in First Half of 2025
Today, Experian has published its latest MarketIQ report, detailing M&A activity across the UK and Ireland for the first half of 2025. ThinCats has ranked as the top alternative finance provider of debt funding across the UK, for deal volume.
HTX Ventures’ Comprehensive Analysis of Tokenized Stocks: Three Main Models, Key Players, and the Global Market Race
HTX Ventures, the global investment arm of HTX, has released its latest research report “Are Tokenized Stocks a Treat or a Trap? A Complete Guide”. The report examines the driving forces, mainstream models, and possible evolution paths of tokenized stocks, and explores how they may merge with traditional capital markets.
The UK’s Payments Revolution Can’t Ignore the Fraud Crisis
“The UK’s Payments Vision Delivery Committee (PVDC) has left fintechs and other companies in the transaction processing industry on the edge of their seat as they recently teased that not only would their official strategy for a “world-leading payments ecosystem” be made public this autumn, but that their Payments Forward Plan would be published by the end of the year. These initiatives, set forth under the sight of the National Payment Vision, will lay the blueprint for a true overhaul of the U.K. payments ecosystem that will champion “innovation, competition and security.”