Banking

Bridge, Owned by Stripe, Strengthens Approval for National Trust Bank

Stripe’s Bridge secures national approval to operate as a trust bank.Highlights: Bridge secures national approval to function as a trust bank.The approval signals expansion in financial services for Stripe.Bridge...

ECB Strengthens Framework Ahead of Planned Digital Euro Pilots

European Central Bank prepares for digital euro testing phase.Highlights: ECB announces enhancements to its regulatory framework.Planned pilots for...

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats.Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...

Gemini Stock Plummets as Three Top Executives Depart

Key leadership changes raise concerns over Gemini's future stability.Highlights: Gemini stock drops significantly after three executives resign.Executive departures...
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ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more

FinTech Futures Weekly ICYMI Funding Round-Up:re:Funding: $14.6 million Series A Investors: Entrée Capital, Project A, Felix Capital Use of Funds: Expand alternative...

Student lending start-up Scolaris Finance taps Sopra Banking Software for core platform

Scolaris Finance Partners with Sopra Banking Software for SBP Core Amplitude:Partnership Announcement:Scolaris Finance, a student-focused fintech in Mali and Senegal, has partnered...

LSEG names Pascal Boillat as new COO

Pascal Boillat Appointed COO of London Stock Exchange Group (LSEG):Appointment Details:Pascal Boillat named new COO of LSEG, effective 1 July 2024. He...

Robinhood to acquire Bitstamp in $200m deal

Robinhood to Acquire Bitstamp for $200 Million:Acquisition Details:Robinhood is set to buy global cryptocurrency exchange Bitstamp for approximately $200 million. The deal...

Alkami names former SVB exec Gagan Kanjlia as new chief product officer

Alkami Technology Appoints Gagan Kanjlia as New CPO:Appointment and Background:Gagan Kanjlia was named Chief Product Officer (CPO) of Alkami Technology. Brings over...

Monzo records first full year of profitability as it eyes international expansion

Monzo Announces First Full Year of Profitability:Financial Performance:Reported a pre-tax profit of £15.4 million for FY ending 31 March 2024. Significant turnaround...

Allpay and The Bank of London partner to streamline payments for the UK social housing sector

Allpay Signs Multi-Year Partnership with The Bank of London:Partnership Goals:Simplify and expedite payments using prepaid cards. Target both banked and unbanked individuals....

India’s Reliance Group launches financial services super-app JioFinance

Jio Financial Services Launches JioFinance App:Company Overview:Division of Reliance Group, founded by Mukesh Ambani. Competing with Tata Group, PhonePe, and Paytm in...

FintechOS bags $60m in Series B+ investment round

FintechOS Secures $60 Million Series B Extension:Funding Details:Extended Series B round led by BlackRock, Cipio Partners, and Molten Ventures. Additional participation from...
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