Banking

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The fine addresses issues with customer verification processes.Revolut has pledged to improve...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...

Visa Launches AI-Powered Dispute Resolution Tools

New tools aim to streamline resolution of payment disputes.Highlights: Visa introduces AI tools for payment dispute resolution.The new...
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Loqbox: Gives renters the opportunity to build credit worthiness

Loqbox: Gives renters the opportunity to build credit worthinessLoqbox has launched a brand new feature allowing members to use Moneyhub’s open banking technology...

AMX: Automates Emir Reconciliations with Fund Recs

AMX: Automates Emir Reconciliations with Fund RecsAMX the Ireland based 3rd Party Management Company chosen the Fund Recs Velocity platform to automate EMIR...

Sandstone Technology: Partners with Codat

Sandstone Technology: Partners with CodatSandstone Technology expands to cater to SME customers, with a one platform approach Identified an opportunity to offer the...

SIX: Brings Connexor warrants issuance platform to Spain

SIX: Brings Connexor warrants issuance platform to SpainSIX provides services in the securities, payments, and financial information business and caters to a broad...

Seba Bank: Wins permission to open for business in Abu Dhabi

Seba Bank: Wins permission to open for business in Abu DhabiSEBA Bank is the Swiss smart bank providing a secure, institutional-grade, universal suite...

HooYu: Partnering with Virgin Money

HooYu: Partnering with Virgin MoneyHooYu is a global customer on-boarding platform that provides UI & UX tools to deliver customized mobile Virgin Money...

MarketForce: Raises $40M Series A

MarketForce: Raises $40M Series AMarketForce, the Nairobi-headquartered B of consumer goods Announces the closing of a $40 million Series A round, the largest...

Intesa Sanpaolo: Launches new startup development programme

Intesa Sanpaolo: Launches new startup development programmeIntesa Sanpaolo, the leading Italian banking group, offers its services to 11.1 million customers through a nationwide...

Umazi: Closes $1m investment

Umazi: Closes $1m investmentUmazi seeks to create a software-enabled market allowing corporations to create a single digital identity Secured $1m investment from Innovate...
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