Ripple has raised $500 million in a new strategic investment round led by Fortress Investment Group and Citadel Securities, valuing the crypto firm at $40 billion. Other participants included Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace. “This investment reflects both Ripple’s incredible momentum, and further validation of the market opportunity we’re aggressively pursuing […]
Canadian fintech companies raised $1.62 billion in the first half of 2025, with digital assets and artificial intelligence (AI) startups taking the lion’s share of fresh funding, according to KPMG Canada’s Pulse of Fintech report. While fintech funding slowed globally, Canadian investors maintained steady support for ventures at the intersection of finance and emerging technology. […]