Banking
FinTech
Klarna Stock Tumbles After Disappointing Q4 Results
Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4 losses.The company's financial performance raised concerns among investors.Klarna's results indicate challenges...
FinTech
FBI Warns of Surge in ATM Jackpotting Attacks
Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...
FinTech
Nvidia Considers $30 Million Investment in OpenAI
Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...
FinTech
Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion
New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...
FinTech
Jump Raises $80M to Boost AI Operating System for Financial Advisors
The funding aims to enhance AI-driven solutions for wealth management professionals.Highlights: Jump raises $80 million in Series B...
LendInvest extends JP Morgan debt financing agreement to £1.5bn
LendInvest has extended its funding agreement with JP Morgan by £500 million, increasing the total value of the account to £1.5 billion.
JP...
UniCredit buys 9% stake in Commerzbank as German government looks to offload shareholding
UniCredit has acquired a 9% equity stake in Commerzbank.
Of this, 4.49% was purchased through an accelerated book building offering for $775 million,...
Payment processor Clowd9 hires former Thredd tech lead Paul Hansford as new CTO
Paul Hansford joins Clowd9, a UK-based cloud-native decentralized payment processing platform, as its new Chief Technology Officer (CTO).
Hansford comes with six years...
Paylocity to acquire spend management platform Airbase for $325m
Paylocity has finalized a $325 million deal to acquire Airbase, a spend management platform, to expand its HR and payroll software solutions.
The...
Swiss fintech Yapeal unveils new CEO alongside fresh capital boost
Michael Eidel has been appointed as the new CEO of Yapeal, succeeding Thomas Hilgendorff, who will transition to the role of Chief Commercial...
Lloyds Bank taps Cleareye.ai to streamline trade finance documentation processing
Lloyds Bank has partnered with Cleareye.ai, a California-based AI and machine learning company, to enhance trade finance documentation processing and compliance checks.
The...
Home equity fintech Unlock bags $30m Series B funding
Unlock Technologies, a US fintech founded in 2019, has secured a $30 million Series B equity investment from D2 Asset Management, Saluda Grade,...
Visa prepares for 2025 launch of Visa A2A in UK
Visa A2A will launch in the UK in 2025, offering account-to-account (A2A) payments for greater consumer control and protection via bank transfers.
It...
Ghana’s Fido raises $30 million in debt and equity to extend AI-powered lending services across Africa
Fido, a Ghanaian fintech, secured $30 million in debt and equity funding to expand its digital lending services across Africa.
The raise includes...

