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Etcho to offer SDG-linked investment app

The sustainable development goal-linked investment app Etcho recently closed its pre-seed funding round, raising £279,000 from angel investors and on Crowdcube.

Compliance challenges and technology gaps amid US regulatory uncertainty, Finextra survey reveals

The latest survey report by Finextra, which included responses from 200 financial services professionals across the US, highlights both optimism and uncertainty surrounding the sector’s regulatory readiness. Conducted between January 16–29, 2025, the survey captured insights from C-level executives to senior managers working in banks, credit unions, payment service providers, technology providers, and fintech firms with revenues ranging from under $10 billion to over $250 billion. These findings come at a pivotal time following the election of Donald Trump and the delay in new regulatory rulemaking, creating a climate of heightened uncertainty for the US financial sector.

BoE issues warning over potential AI bubble

UK investors should prepare for the possibility of a sharp correction in the value of UK stocks due to falsely inflated valuations for AI companies, according to the Bank of England.

Nigerian BaaS startup Anchor raises $2.4 million

Nigerian Banking-as-a-Service platform Anchor has raised $2.4 million in seed funding from a number of prominent investors, including Goat Capital, FoundersX and Rebel Fund, alongside existing backers Y Combinator and Byld Ventures.

Trump pardons Binance founder Zhao

Donald Trump has pardoned Changpeng Zhao, the billionaire founder of crypto exchange Binance, who served prison time after pleading guilty in 2023 to enabling money laundering on the platform.