Banking

Taurus and Blockdaemon Strengthen Staking in Institutional Banking

New partnership enhances crypto staking options for financial institutions.Highlights: Taurus and Blockdaemon announce a partnership for crypto staking.The collaboration aims to enhance services for institutional banks.This move responds to...

Digital Savings Platform Tembo Raises $16 Million to Expand Services

Funding will support growth and enhance service offerings for customers.Highlights: Tembo raises $16 million in funding.Focus on enhancing...

HSBC Secures Government Tender for Digital Gilts Pilot

HSBC will lead a pilot program for government digital bonds.Highlights: HSBC won a government tender for a digital...

Bretton AI Secures $7.5 Million to Strengthen Financial Compliance Solutions

Funding aims to enhance AI-driven compliance technology for financial institutions.Highlights: Bretton AI raised $7.5 million in funding.Investment focuses...

Grab Strengthens Portfolio with Stash Acquisition

The acquisition enhances Grab's financial service offerings in the U.S.Highlights: Grab acquires the U.S. investing app Stash.The deal...
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UK mortgage lender Perenna raises $52m on the back of its unrestricted banking licence

UK-based mortgage lender Perenna, with a new banking license, secures $52 million in fresh funding to launch its long-term fixed-rate mortgage product. FactsPerenna, a...

UK fintech Traydstream lands $21m in Series B funding round

UK fintech Traydstream secures $21 million in Series B funding round led by Pivot Investment Partners and e& Capital to enhance its AI-led trade...

PayTech Awards USA 2023 winners announced

The PayTech Awards USA 2023 winners have been announced, recognizing outstanding contributions to the payment technology sector. FactsThe winners were exclusively revealed on the...

XYB resolves bank-building barriers with GenAI through Google Cloud partnership

XYB partners with Google Cloud to integrate generative AI and machine learning tools into its banking platform, aiming to reduce human intervention and operational...

Bright Money lands $62m debt and equity funding

US-based consumer fintech start-up Bright Money secures $62 million in funding, combining debt and equity, for its AI-driven bank aimed at debt-laden consumers. FactsBright...

Switch2Zero appoints Galileo CEO Derek White as chairman

UK-based digital sustainability platform Switch2Zero appoints Derek White as its new chairman, bringing extensive experience in global fintech and technology leadership. FactsDerek White, CEO...

Raisin appoints former UBS chair Axel Weber as advisor and board member

Berlin-based fintech Raisin appoints Axel Weber, former president of the German Central Bank, as an advisor and board member, amid significant growth and a...

Deutsche Börse set to take over wealthtech firm SimCorp

Deutsche Börse is set to finalize its €3.9 billion acquisition of SimCorp, a Danish investment management software company, with plans to delist SimCorp from...

SEC hands $25m penalty to Deutsche Bank subsidiary for AML violations and ESG “misstatements”

The US Securities and Exchange Commission (SEC) imposes a $25 million penalty on DWS Investment Management Americas Inc. (DIMA), a subsidiary of Deutsche Bank,...
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