Business

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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Ximedes: Acquires Ginger Payments

Ximedes: Acquires Ginger PaymentsXimedes, established in 1998, builds bespoke software, focusing on Open Banking and Open Public Transport systems Ginger is a fast-growing...

TrueLayer: Signs CMC Markets

TrueLayer: Signs CMC MarketsTrueLayer is a global open banking platform that makes it easy for anyone to build better financial experiences CMC Markets...

Datia: Announced that it has raised $3.4M

Datia: Announced that it has raised $3.4MDatia, is a fintech company on a mission to simplify investors’ transition to sustainable finance Announced that...

MFS Africa: Acquires US-based Global Technology Partners

MFS Africa: Acquires US-based Global Technology PartnersMFS Africa connects mobile money users and service providers, providing access to simple, secure, affordable Announces that...

ARTH: Raises $2.5 Mn from KfW arm, MIT Alumni, and others

ARTH: Raises $2.5 Mn from KfW arm, MIT Alumni, and othersARTH has secured $2.5 million in funding led by DEG and top-notch impact-driven...

Payhawk: Unveils Enteprise Suite 2.0

Payhawk: Unveils Enteprise Suite 2.0Payhawk, the all-in-one finance system that helps businesses spend effortlessly Announced the second iteration of its enterprise suite, Enterprise...

Temtum: Joins forces with the Ugandan government on CBDC

Temtum: Joins forces with the Ugandan government on CBDCTemtum is an efficient, quantum-secure, ultra-fast, non-resource intensive and environmentally friendly payment coin Talks with...

Marqeta: Partners with Western Union in Europe

Marqeta: Partners with Western Union in EuropeMarqeta brings speed and efficiency to card issuing and payment processing with the world's first open API...

Triterras: Selects Unqork to Modernize Its Trade Finance Platform

Triterras: Selects Unqork to Modernize Its Trade Finance PlatformTriterras is a trade finance leader leveraging advanced financial technology to solve deep-rooted challenges in...
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