Microsoft Boosts Copilot in Excel for Finance Work

AI

AI shopping beat search on Prime Day, rattling Amazon

AI shopping referrals converted better than any other channel on Prime Day for the first time, and that quietly threatens the discovery business Amazon and Google built.

Microsoft beefs up Copilot in Excel for finance work

New Copilot features let finance teams teach it how to perform recurring spreadsheet-heavy tasks.

MDOTM secures $27m to scale AI investing platform

The fresh capital takes MDOTM’s total funding to date to $36.5m. Alongside the investment, two new board members have joined the company: Steve Twomey, partner at Expedition Growth Capital, and James Hays, chairman of IFC Advisors and former CEO at Wells Fargo Advisors, who brings close to four decades of industry experience. They sit alongside CEO Tommaso Migliore, chief scientist Federico Mazzorin and chief operating officer Federico Invernizzi.

Firms with concrete AI strategies beat peers in stock gains, study finds

Investors tend to reward companies that set clear and quantified AI objectives over those relying on vague narratives, according to the analysis.

Venture Capital

Robinhood is raising $2 billion in zero-coupon convertible bonds to buy back stock

The fintech brokerage is tapping the hottest corner of the debt market with notes that pay no interest and convert at a steep premium, while using capped calls to limit dilution and funnelling roughly $300 million into share repurchases

Space fintech Nebex secures $30m seed funding

The start-up will use the funding to scale its flagship Nebra Exchange, a digital marketplace designed to automate cross-border payments and contracts between space tech manufacturers and foreign governments.

Fintech Unicorn GCash To Raise $1.5 Billion In What Could Be The Philippines’ Biggest IPO

The IPO of Mynt—operator of e-wallet GCash and backed by Jaime Zobel de Ayala and his family’s Ayala Corp.—is raising 92.3 billion pesos ($1.5 billion) in what could be the Philippines’ largest maiden share sale.

Mynt’s IPO aims to sell as many as 9.23 billion shares, including an overallotment option of 1.2 billion shares, at up to 10 pesos apiece in a maiden share sale in October, according to its preliminary prospectus filed over the weekend. This could be the biggest listing since the 2021 debut of Monde Nissin, which raised $1 billion.

Payments

Visa: Anchoring Trust in Next-Generation Enterprise Payments

Spanning both the payment and governance layers, Visa infrastructure allows legacy banking systems to seamlessly interoperate with stablecoins

Blockchain

Inside MoneyGram's Blockchain Expansion with Solana

MoneyGram is expanding its blockchain strategy by becoming a Solana validator and joining its developer platform to support stablecoin payments

Security

Polymarket confirms hackers stole $3M from users after third-party vendor was compromised

The prediction market giant says it has contained the breach and will refund all affected users, but the hack caps a week that also brought a deceptive marketing scandal

Research

Most investment analysts want to retain quarterly financial reporting

Cutting reporting frequency in half, as proposed, may dilute investors’ ability to compare different kinds of companies

SeedX Announced the Launch of Specialized B2B Fintech Marketing Services

SeedX, a growth-focused digital agency, has announced the expansion of its service portfolio with a dedicated b2b fintech marketing agency offering designed to support fintech companies navigating long sales cycles, regulated buyer journeys, and increasingly competitive digital markets.

The announcement reflects continued demand for marketing strategies tailored to business-to-business financial technology organizations seeking structured pipeline growth, stronger market positioning, and more efficient customer acquisition programs.

Policy

Fintech industry welcomes FCA's new crypto rules

The UK's financial regulator, the Financial Conduct Authority (FCA), has announced a new framework for regulating digital and crypto assets designed to bring the DeFi world into the mainstream.