Fintech PR
Paxos Raises $142 Million in Series C Funding
Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding. Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, led the round, which includes investments from Mithril Capital, PayPal Ventures, RIT Capital Partners plc, Ken Moelis, Alua Capital, Senator Investment Group and more. Previous Paxos investors also participated in the round, including RRE Ventures and Liberty City Ventures. To date, Paxos has raised more than $240 million in funding.
Charles Cascarilla, CEO and Co-Founder of Paxos, commented, “In the last year, global adoption of crypto and blockchain-based solutions by enterprises has accelerated. We are proud to count among our clients‘ global leaders in payments, banking, trading and fintech, such as PayPal, Credit Suisse, Societe Generale and Revolut. Paxos is uniquely positioned to address the digital asset needs of global brands and bring our solutions to enterprises with trillions in assets and billions of end users. We are grateful for the support of our new investment partners which helps bring us closer to our vision for a more open, accessible economy.”
Paxos will continue investing in developing enterprise-grade infrastructure solutions while deepening its commitment to regulation, reliability and security. Paxos will use this capital to accelerate growth, including scaling its operations and platform capacity to meet the demands of its expanding customer base. The company plans to double the size of its team and will explore all opportunities for growth.
Brian Stern, Partner, Declaration Partners, said, “Paxos is executing on its ambitious, long-term mission at a remarkable pace. Through its relentless forward-thinking, Paxos has developed products and services that enable trusted access to digital assets, as well as dramatic efficiency and risk reduction to our traditional financial industry infrastructure. We are thrilled to support its continued growth and development of these innovative and inclusive solutions.”
“Paxos is a truly unique platform,” said Ajay Royan, Managing General Partner of Mithril Capital, “Chad Cascarilla and the Paxos team have pioneered a long-term approach that combines regulatory rigor with exceptional product engineering, enabling millions to seamlessly access the flexibility and choice afforded by an open, efficient, and user-centric financial infrastructure.”
Since the creation of blockchain technology, Paxos has been an industry pioneer at increasing trust and transparency. In 2020, it drove greater acceptance of digital assets by institutional audiences with recent achievements including:
- The launch of Paxos Crypto Brokerage, a platform solution that powers crypto services for PayPal and Revolut US;
- The issuance of more than $7.5 billion in stablecoins across three of the leading US dollar-backed stablecoins;
- Becoming the first company to settle US equity trades on a blockchain outside of the legacy system (under No-Action relief from the US Securities and Exchange Commission staff); and
- Confirmation of more than $3.5 trillion in commodities trades with its Post-Trade automation service.
STOCKHOLM, April 7, 2025 /PRNewswire/ — Between 31 March 2025 and 4 April 2025 EQT AB (LEI code 213800U7P9GOIRKCTB34) (“EQT”) has repurchased in total 602,996 own ordinary shares (ISIN: SE0012853455).
The repurchases form part of the repurchase program of a maximum of 4,931,018 own ordinary shares for a total maximum amount of SEK 2,500,000,000 that EQT announced on 11 March 2025. The repurchase program, which runs between 12 March 2025 and 16 May 2025, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) No 2016/1052.
EQT ordinary shares have been repurchased as follows:
|
Date: |
Aggregated volume |
Weighted average |
Aggregated |
|
31 March 2025 |
106,000 |
304.2864  |
32,254,358.40 |
|
1 April 2025 |
115,000 |
313.2291 |
36,021,346.50 |
|
2 April 2025 |
115,000 |
315.0153 |
36,226,759.50 |
|
3 April 2025 |
140,000 |
300.9577 |
42,134,078.00 |
|
4 April 2025 |
126,996 |
276.3182 |
35,091,306.13 |
|
Total accumulated over week 14 |
602,996 |
301.3749 |
181,727,848.53 |
|
Total accumulated during the repurchase program |
2,043,962 |
312.7275 |
639,203,038.72 |
All acquisitions have been carried out on Nasdaq Stockholm by Skandinaviska Enskilda Banken AB on behalf of EQT.
Following the above acquisitions and as of 4 April 2025, the number of shares in EQT, including EQT’s holding of own shares is set out in the table below.
|
Ordinary shares |
Class C shares1 |
Total |
|
|
Number of issued shares2 |
1,241,510,911 |
496,056 |
1,242,006,967 |
|
Number of shares owned by EQT AB3 |
61,968,153 |
– |
61,968,153 |
|
Number of outstanding shares |
1,179,542,758 |
496,056 |
1,180,038,814 |
|
1) Carry one tenth (1/10) of a vote |
|||
A full breakdown of the transactions is attached to this announcement.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/repurchases-of-shares-by-eqt-ab-during-week-14–2025,c4132039
The following files are available for download:
|
https://mb.cision.com/Main/87/4132039/3373049.pdf |
EQT Transactions 20250331 to 20250404 |
|
EQT AB Group |
View original content:https://www.prnewswire.co.uk/news-releases/repurchases-of-shares-by-eqt-ab-during-week-14-2025-302422189.html
Fintech PR
Digital Wealth Management Platforms (DWMP) Market Disruptions: The $18.59 Billion Opportunity Vendors Can’t Afford to Miss
Digital Wealth Management Platforms (DWMP) Market Set for Explosive Growth, Projected to Reach $18.59 Billion by 2030
MIDDLETON, Mass., April 7, 2025 /PRNewswire/ — QKS Group, a premier market intelligence and advisory firm, has unveiled its latest comprehensive analysis of the global Digital Wealth Management Platforms (DWMP) Market, providing crucial insights for industry leaders aiming to capitalize on this rapidly evolving segment. The newly released reports- ‘Market Share: Digital Wealth Management Platforms (DWMP), 2024, Worldwide & Regional Report’ and ‘Market Forecast: Digital Wealth Management Platforms (DWMP), 2025-2030, Worldwide & Regional Report’ – reveal a projected market valuation of $18.59 billion by 2030, growing at a CAGR of 16.16% from 2025 to 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic DWMP landscape and make informed decisions as the market scales new heights.
The Next Growth Frontier in Digital Wealth Management Platforms (DWMP)
Digital Wealth Management Platforms (DWMPs) are reshaping financial services by integrating AI, machine learning, data analytics, and blockchain to deliver automated, data-driven wealth management. These platforms unify disparate systems, providing real-time portfolio visibility and personalized financial advice aligned with client goals and risk profiles. AI-powered automation streamlines tasks such as portfolio rebalancing, onboarding, and reporting, improving operational efficiency. Embedded compliance tools ensure regulatory adherence with minimal manual oversight. Blockchain enhances transaction transparency and data integrity in asset transfers. DWMPs support omnichannel client engagement, enabling 24/7 access via digital portals and mobile apps. As fintech competition rises, DWMPs equip institutions with scalable, secure, and agile solutions to remain competitive in a digital-first landscape.
According to Sriram S R, Senior Analyst at QKS Group, “The accelerating adoption of Digital Wealth Management Platforms (DWMPs) is driven by the convergence of AI-powered financial analytics, real-time data integration, and the demand for hyper-personalized, regulatory-compliant client experiences. By unifying front-to-back-office functions, automating routine advisory tasks, and enabling seamless omnichannel engagement, DWMPs empower wealth managers to scale operations, enhance portfolio performance, and remain agile in an increasingly digital and client-centric financial ecosystem.”
Key Market Insights from QKS Group’s Report
- Global and Regional Market Analysis: An in-depth examination of worldwide and regional DWMP adoption trends, competitive landscapes, and future growth projections.
- Competitive Benchmarking: A comparative analysis of top DWMP vendors, their market positioning, and strategic differentiators.
- Industry Adoption Trends: Insights into which sectors are investing most heavily in DWMP solutions and why.
- Technology Disruption & AI’s Role in DWMP: Explore how AI, predictive and prescriptive analytics, cloud-native architectures, Digital Banking and Digital applications, and API-driven integrations are redefining Digital Wealth Management Platforms -enabling hyper-personalized advice, real-time portfolio insights, and intelligent automation across the wealth management lifecycle.
Market Leaders & Competitive Landscape
The report covers key industry players, including Additiv, Avaloq, Backbase, Blackrock, Broadridge, Comarch, Crealogix, EdgeVerve (Finacle), Envestnet, Finastra, Intellect Design, InvestCloud, Linedata, LSEG, Nest Wealth, Prometeia, SS&C Tech, TCS and others.
Why This Matters for DWMP Vendors
For CEOs, CFOs, and CSOs of Digital Wealth Management Platform (DWMP) providers, these insights are critical for identifying emerging demand patterns, optimizing go-to-market strategies, and staying ahead of fintech disruptors. As financial institutions accelerate digital transformation and prioritize hyper-personalized client engagement, vendors must offer DWMP solutions with advanced AI capabilities, open APIs, and end-to-end data integration- empowering advisors with real-time intelligence and enabling scalable, compliant, and client-centric advisory models.
Get Access to Exclusive Market Insights (single report or subscription offering)
Market Share: Digital Wealth Management Platforms, 2024, Worldwide
https://qksgroup.com/market-research/market-share-digital-wealth-management-platforms-2024-worldwide-5241
Market Forecast: Digital Wealth Management Platforms, 2025-2030, Worldwide
https://qksgroup.com/market-research/market-forecast-digital-wealth-management-platforms-2025-2030-worldwide-4764
The comprehensive research package includes:
- Most Comprehensive Market Forecast Analysis: A separate market forecast report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America
- Unmatched Competitive Analysis: A separate market share report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America
- QKS TrendsNXT on DWMP Market
- QKS TAMSAM Insights report on DWMP Market
- Exclusive Analyst Advisory Sessions for strategic decision making and validation
About QKS Group
QKS Group, formerly Quadrant Knowledge Solutions, is a leading global advisory and research firm, dedicated to empowering technology innovators to accelerate their growth journeys and enable technology adopters to achieve their digital transformation objectives.
Click below to learn more about Competitive Intelligence Service: https://www.youtube.com/watch?v=bhUQYdKd90A
To gain access to the full market insights, growth forecasts, and competitive analysis, Connect:
Shraddha Roy
PR & Media Relations
QKS Group
Regus Business Center
35 Village Road, Suite 100,
Middleton Massachusetts 01949
United States
Email: shraddha.r@qksgroup.com
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Fintech PR
Source-to-Pay (S2P) Market Disruptions: The $2.1 Billion Opportunity Vendors Can’t Afford to Miss
Sustainable Growth Ahead for S2P Market, Estimated at $2.1 Billion by 2030
MIDDLETON, Mass., April 7, 2025 /PRNewswire/ — QKS Group, a premier market intelligence and advisory firm, has released its latest in-depth analysis of the global Source-to-Pay (S2P), providing key insights for industry leaders looking to capitalize on this rapidly expanding market. The new reports – ‘Market Share: Source-to-Pay (S2P), 2024, Worldwide & Regional Report’ and ‘Market Forecast: Source-to-Pay (S2P), 2025-2030, Worldwide & Regional Report‘ – reveals a projected market valuation of $2.1 billion by 2030, growing at a CAGR of 12.19% from 2025 to 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic S2P landscape and make informed decisions as the market continues to evolve.
The Next Growth Frontier in Source-to-Pay (S2P) Platforms
In an era where digital transformation is vital to enterprise survival, Source-to-Pay solutions have emerged as a cornerstone technology for organizations looking to streamline procurement processes, enhance supplier collaboration, and unlock new efficiencies. From manufacturing and healthcare to retail, telecom, and financial services, enterprises are rapidly adopting AI-enabled Source-to-Pay platforms to optimize spend management, drive compliance, and accelerate procurement cycles.
According to Vishal Poduri, Analyst at QKS Group, “Source-to-Pay solutions are no longer just about reducing procurement costs – they’re essential to driving enterprise competitiveness, agility, and strategic innovation. With the integration of advanced analytics, machine learning, and cognitive automation, top Source-to-Pay providers are redefining the way organizations manage supplier relationships and procurement operations.”
Key Market Insights from QKS Group’s Report
- Global and Regional Market Analysis: A deep dive into worldwide and regional S2P platform adoption trends, competitive landscapes, and future growth projections.
- Competitive Benchmarking: A comparative analysis of top S2P vendors, their market positioning, and strategic differentiators.
- Industry Adoption Trends: Insights into which sectors are investing most heavily in S2P solutions and why.
- Technology Disruption & AI’s Role: How AI, automation, and advanced analytics are transforming S2P solutions to drive procurement efficiency, streamline supplier collaboration, and unlock strategic value.
Market Leaders & Competitive Landscape
The report covers key industry players, including Coupa, Esker, GEP, Ivalua, JAGGAER, Medius, Oracle, Proactis, SAP Business Network, SOVRA (mdf commerce), Zycus.
Why This Matters for S2P Vendors?
For CEOs, CFOs, and CSOs of Source-to-Pay (S2P) solution providers, these insights are crucial for identifying untapped market opportunities, refining growth strategies, and staying a step ahead of rising competitors. As digital transformation reshapes procurement and supplier management, S2P vendors must deliver solutions that provide enterprise-grade reliability, robust security, and intelligent automation capabilities, ensuring significant ROI and long-term market leadership.
Get Access to Exclusive Market Insights (single report or subscription offering)
Market Share: Source-to-Pay (S2P), 2024, Worldwide
https://qksgroup.com/market-research/market-share-source-to-pay-s2p-2024-worldwide-2826
Market Forecast: Source-to-Pay (S2P), 2025-2030, Worldwide
https://qksgroup.com/market-research/market-forecast-source-to-pay-s2p-2025-2030-worldwide-2693
The comprehensive research package includes:
- Most Comprehensive Market Forecast Analysis: A separate market forecast report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America
- Unmatched Competitive Analysis: A separate market share report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America
- QKS TrendsNXT on S2P market
- QKS TAMSAM Insights report on the S2P market
- Exclusive Analyst Advisory Sessions for strategic decision making and validation
About QKS Group
QKS Group, formerly Quadrant Knowledge Solutions, is a leading global advisory and research firm, dedicated to empowering technology innovators to accelerate their growth journeys and enable technology adopters to achieve their digital transformation objectives.
Click below to learn more about Competitive Intelligence Service: https://www.youtube.com/watch?v=bhUQYdKd90A
To gain access to the full market insights, growth forecasts, and competitive analysis, Connect:
Shraddha Roy
PR & Media Relations
QKS Group
Regus Business Center
35 Village Road, Suite 100,
Middleton Massachusetts 01949
United States
Email: shraddha.r@qksgroup.com
Content Source: https://qksgroup.com/newsroom/source-to-pay-s2p-market-disruptions-the-2-1-billion-opportunity-vendors-can-t-afford-to-miss-992
Connect with us on LinkedIn- https://www.linkedin.com/company/qksgroup/
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