Fintech PR
EY upgrades Nightfall, a zero-knowledge roll-up enabling private transactions on the Ethereum blockchain

- The new source code for Nightfall, renamed Nightfall_4, replaces the prior version.
- This update provides the near-instant finality of layer-1 blockchain transactions without the need for a challenge period.
- Nightfall enables enterprises to orchestrate private transactions efficiently on Ethereum without compromising its benefits of transparency, data immutability and security.
LONDON, April 3, 2025 /PRNewswire/ — The EY organization today announces it has updated the public domain source code for Nightfall1, a layer-2 roll-up that enables private transactions on the public Ethereum blockchain and the development of privacy-focused enterprise blockchain solutions.
This updated version of Nightfall replaces the optimistic roll-up with a zero-knowledge version – enabling the near-instant finality of transactions on the blockchain without the need for a challenge period. Using Nightfall, enterprises can orchestrate private transactions efficiently on the Ethereum mainnet, without compromising the transparency, data immutability and security that Ethereum provides.
The replacement of a cryptoeconomic approach with a cryptographic approach simplifies Nightfall’s architecture because there is no need to accommodate challenging incorrect blocks, nor to provide liquidity services to avoid users having to wait out the challenge period to get their tokens. As soon as a Nightfall block is added to the chain, the transactions it contains are as final as any other blockchain transaction.
This simplifies the operating requirements for Nightfall, making privacy technology more accessible for enterprise users. Nightfall’s other features, such as access provision through x509 enterprise identity certificates and the enhanced scalability with privacy, have all been retained.
The source code for Nightfall, renamed Nightfall_4, and supporting tools are in the public domain and are available on Github. Nightfall remains in the public domain to facilitate the adoption of privacy-focused enterprise solutions among companies seeking to enter Ethereum and conduct meaningful business on the network.
The EY organization first contributed Nightfall to the public domain in 2019 as a set of protocols for enabling private transactions on the Ethereum blockchain, and Nightfall_4 is the fourth major update to the software. EY core software and service offerings in the global blockchain market, such as, EY OpsChain, use Nightfall, and both are delivered through EY Blockchain’s SaaS platform, Blockchain.ey.com.
Paul Brody, EY Global Blockchain Leader, says:
“This update to version 4 represents a major update to Nightfall, providing the same privacy and scaling that version 3 enabled, but now with near-instant finality and a simplified architecture. We believe we will see accelerating adoption of this technology in the coming year by enterprise users.”
For more information visit Blockchain.ey.com.
About EY
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.
All in to shape the future with confidence.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.
1 Nightfall is an internal project name at the EY organization for code related to privacy on a blockchain. This code is not owned by the EY organization and the EY organization provides no warranty and disclaims any and all liability for use of this code. Users must conduct their own diligence with respect to use for their purposes, and any and all usage is on an as-is basis and at your own risk.
View original content:https://www.prnewswire.co.uk/news-releases/ey-upgrades-nightfall-a-zero-knowledge-roll-up-enabling-private-transactions-on-the-ethereum-blockchain-302418610.html
Fintech PR
Thunes Raises USD 150 Million in Series D, Led by Apis Partners and Vitruvian Partners

SINGAPORE, April 28, 2025 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, is proud to announce the successful raise of its $150 million Series D, the largest in its history, at a substantial valuation increase over its last round. Amid one of the most challenging capital markets environments of recent times, this milestone was achieved in record time.
Thunes proudly welcomes Apis Partners and Vitruvian Partners, two leading private equity firms, both globally recognized for their deep expertise in financial services and emerging markets.
Now profitable and maintaining strong growth momentum, Thunes plans to leverage this capital to supercharge its expansion in the United States, supported by the recent acquisition of licenses across 50 U.S. States, subject to regulatory approval.
These funds will further strengthen Thunes’ Direct Global Network, which today spans 130+ countries, 80+ currencies and 550+ direct integrations, enabling real-time payments across complex and exotic markets. As cross-border payments swell towards a $150 trillion market opportunity, Thunes stands well positioned to continue to capture a growing share.
Through cutting-edge technology, industry-leading compliance standards, and a seamless customer experience, Thunes continues to make diverse payment systems, including traditional, digital, and emerging currencies, interoperable. With a vision to include the “next billion end users” in emerging markets, Thunes aims to be the go-to solution for fast, secure, and cost-effective cross-border payments, connecting billions of wallets and thousands of partners worldwide.
Floris de Kort, CEO of Thunes, stated, “Thunes’ latest funding round is a clear validation of our strategy and our commitment to sustainable growth. Our performance, marked by a Revenue run-rate of $150 million and positive EBITDA, demonstrates our ability to balance rapid expansion with financial prudence, even in a tumultuous market. This new capital enables us to extend our Direct Global Network, including in the United States, drive technological innovation, from Artificial Intelligence to digital asset ecosystem interoperability, and deliver superior value to the Members of our proprietary Network. In a challenging funding environment, our progress and resilience set a new industry standard.”
Matteo Stefanel, Managing Partner & Co-Founder at Apis Partners, commented, “Thunes has revolutionized global cross-border payments by seamlessly integrating robust technology with a disciplined financial strategy that inspires confidence. The company’s impressive growth record and positive EBITDA performance, even in these unprecedented times, clearly underpin the trust of its Members and their ability to scale effectively. We have been closely monitoring Thunes’ remarkable journey and are consistently impressed by the team’s innovative approach, operational rigor, and strategic foresight. Thunes’ pursuit of excellence redefines industry standards and sets a high bar for reliability and performance in global payments. Lastly, we are especially proud of the work Thunes is doing in accelerating access to affordable financial services across the next billion users in emerging markets, and for Apis to play a small part in continuing this journey.”
Tassilo Arnhold, Partner at Vitruvian Partners, said: “We are proud to partner with the visionary team at Thunes as they build a transformative platform that effectively bridges traditional banking, mobile wallets, and digital assets into one unified solution. At Vitruvian Partners, we value strategic vision, resilience, and commitment to innovation, all of which Thunes exemplifies in every aspect of its operations. They consistently demonstrate the ability to navigate complex market conditions while setting new standards for efficiency and transparency. We are delighted to support Thunes in their mission to continuously set and exceed industry benchmarks, thereby redefining the future of global cross-border payments.”
Thunes’ series D fundraising underscores its financial strength and operational excellence. The company is now set to redefine the standards of global cross-border payments, forging new pathways for growth and innovation in a rapidly evolving fintech landscape.
Proton Partners served as financial advisors on this transaction.
View original content:https://www.prnewswire.co.uk/news-releases/thunes-raises-usd-150-million-in-series-d-led-by-apis-partners-and-vitruvian-partners-302439061.html
Fintech PR
PriceHubble launches its new AI Agents Suite, leading residential real estate into a new era

LONDON, April 28, 2025 /PRNewswire/ — PriceHubble––Europe’s leading provider of property data solutions––is strengthening its position as a leader in AI by merging generative AI and automation, with its own extensive database of residential real estate data, and, launching a novel suite of real-estate-powered AI Agents.
This launch is a significant step in PriceHubble’s AI-first strategy and is a leap forward in the finance and real estate industries at large.
The AI Agents Suite is the first of its kind. It brings together PriceHubble’s trusted real estate data, task automation and generative AI. The suite comprises of: PriceHubble Companion for client engagement, PriceHubble Copilot for workflow tasks and PriceHubble Analyst for market research.
PriceHubble’s AI Agents enable finance and real estate professionals to offer round-the-clock, integrated, premium experiences. This will notably increase customer engagement and accelerate productivity.
Leading a strategic shift in the industry
The introduction of AI agents to the industry offers a game-changing advantage for real estate and finance professionals to leverage: “AI agents are simply the natural next step for both us and the industry: what we achieved with our AI Agents Suite is the next innovation for the market.” said Stefan Heitmann, CEO and founder of PriceHubble, “Our belief has always been that precise and transparent data, combined with beautifully designed and customisable solutions, is the ultimate formula for delivering exceptional customer experiences, boost advisor productivity and deliver return on investment in the finance and real estate sector.”
Designed for real estate and finance professionals
PriceHubble’s suite of AI Agents stands out in the market as the first solution to directly address the challenges and needs of players working across the real estate value chain, including banking institutions, mortgage lenders, insurance providers, real estate agencies and platforms, as well as investors and developers. The suite includes:
- PriceHubble Companion: A light-touch, always-on digital presence that delivers personalised property insights, builds property dashboards and offers advice — transforming real estate into an engaging touchpoint.
- PriceHubble Copilot: An agent embedded into workflows to help execute tasks quickly and accurately. From valuing a property, preparing a pitch, drafting valuation reports, responding to client inquiries to managing complex underwriting processes.
- PriceHubble Analyst: Built to accelerate the research process—exploring property trends, interpreting market dynamics, and generating clear, data-backed insights and reports.
Every agent can be customised and integrated to meet a customer’s unique demands, from matching tone and brand to slotting into any internal workflow.
Built to create value and deliver real business impact
PriceHubble’s AI agents deliver measurable performance from day one and are built with a focus on two key drivers:
- Customer engagement at scale: Hyper-personalised, proactive interactions around property enhance the end customer experience, and,
- Workforce productivity: Automating complex, data-intensive tasks frees up professionals to focus on high-value, strategic work.
PriceHubble’s Chief Product Officer, Loeiz Bourdic, expands on this by adding: “We’re not building general-purpose chatbots—we’re delivering agentic solutions that drive performance where it matters most. Every insight is grounded in curated, reliable property data and adapted to our customers’ unique needs. That’s what makes this a game-changer.“
Select AI agents are now in closed preview for specific use cases, with broader availability later this year. Reach out to learn more.
About PriceHubble
PriceHubble is a European B2B company that builds innovative digital solutions for the financial and real estate industries based on property valuations and market insights. Leveraging big data, cutting-edge analytics and great visualisation, our property performance system brings a new level of transparency to the market, enabling their customers to make real estate and investment decisions based on the most accurate data-driven insights (such as valuations, market analyses, value forecasts, building simulations or energy performance insights) and enhance the dialogue with end consumers. PriceHubble’s digital solutions are designed to help all players across the entire real estate value chain (banks, asset managers, developers, property managers and real estate agents). PriceHubble is already active in 11 countries (Switzerland, France, Germany, Austria, the United Kingdom, Japan, the Netherlands, Belgium, Czech Republic, Slovakia and the United States) and employs more than 200 people worldwide.
Contact PriceHubble
Camille Charlier
Head of Corporate Communications
camille.charlier@pricehubble.com
+491708091185
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Fintech PR
HONGQI Unveils New Models and Expands Global Vision at Auto Shanghai 2025

SHANGHAI, April 28, 2025 /PRNewswire/ — At Auto Shanghai 2025, HONGQI proudly unveiled its strategic vision, focused on the creation of the “Shared-Value Mobility Union.” By harnessing the combined strengths of its three core technology platforms—”Tiangong” pure electric, “Honghu” hybrid, and “Jiuzhang” intelligent—HONGQI reaffirmed its unwavering commitment to its brand DNA: A: Safety, Intelligence, Green, Health, and Taste. Every HONGQI vehicle is crafted to embody its owner‘s aspirations, while contributing to the creation of a brand-new “win-win“ ecosystem.
Following this, the highlight of the event was the debut of two new models based on the “Tiangong” pure electric platform: the EH5 sedan and the EHS5 SUV. Both models are designed for younger, dynamic lifestyles, featuring sleek, compact proportions that ensure easy driving in both urban and suburban environments. The clean front EV nose design of both cars eliminates the need for traditional combustion grille bar decorations, while still retaining the signature HONGQI red stripe, making them easily recognizable to our global audience. Integrated with the DeepSeek-LLM, they deliver an adaptive and intelligent user experience.
Adding to the excitement, HONGQI also unveiled its first luxury off-road SUV, showcasing the brand’s commitment to innovation in diverse mobility solutions. At the same time, HONGQI launched the Off-Road Ecosystem Co-Creation Plan, inviting collaboration from global modification companies, designers, and off-road enthusiasts to jointly create a new off-road ecosystem.
HONGQI also introduced the GUOYA model from its Golden Sunflower sub-brand, a flagship luxury vehicle that combines exceptional craftsmanship with advanced technology. GUOYA emphasizes both superior performance and refined luxury, marking a major milestone in HONGQI’s evolution from “Oriental Luxury” to “World’s New Luxury.”
Since launching its international expansion in 2020, HONGQI has established a presence in 43 countries and regions, with overseas sales doubling for four consecutive years and achieving a compound annual growth rate of 151%. This success is rooted in HONGQI’s full commitment to embracing the core Chinese traditional value of “Regard all creations with harmony,” focusing on accelerating technological inclusivity, deeply engaging with local communities, and promoting local industrial development. Looking ahead, HONGQI plans to build five major base clusters across Southeast Asia, Europe, and Latin America. By 2030, HONGQI expects its overseas production capacity to exceed 200,000 units, while creating over 20,000 jobs globally.
Just like Shanghai, which resonates with the rhythm of the world through its openness and innovation, HONGQI’s vision is to create a new symbol of “mutual growth, co-create, win-win” . With a steadfast commitment to long-term growth, HONGQI will continue to craft exceptional vehicles, build a world-class luxury brand, and drive forward with Chinese wisdom.
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View original content:https://www.prnewswire.co.uk/news-releases/hongqi-unveils-new-models-and-expands-global-vision-at-auto-shanghai-2025-302439337.html
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