FinTech
FinTech
New York State Mandates Stores to Accept Cash Payments
New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept cash payments.Legislation aims to ensure access for all customers.Fines imposed for...
FinTech
PRA Issues £2 Million Penalty to Bank of London for Integrity Failures
Regulatory body penalizes the bank due to integrity shortcomings.Highlights: PRA fines Bank of London £2 million for integrity...
FinTech
HSBC Appoints First Chief AI Officer, Strengthening AI Leadership
The bank aims to enhance its AI strategy and innovation.Highlights: HSBC names its first Chief AI Officer to...
FinTech
Revolut Reports Surging Profits as Growth Accelerates
The financial technology firm sees significant profit increases in its latest report.Highlights: Revolut's profits surged significantly in the...
FinTech
SumUp Strengthens Merchant Services with In-App Investing Feature
The new feature aims to enhance financial flexibility for merchant clients.Highlights: SumUp introduces in-app investing for merchant clients.The...
Germany’s Scalable Capital secures $65m in Series E extension
Scalable Capital raises $65 million in a Series E extension round.
Led by Balderton Capital, with participation from HV Capital’s new growth fund...
Canadian fintech Koho bags $63m funding at unchanged valuation
Funding Round: Canadian fintech Koho raises $63 million (CAD 86 million) in fresh funding.
Valuation Unchanged: The funding maintains the firm's valuation at $589 million...
Coventry Building Society reportedly eyeing Co-operative Bank takeover
Coventry Building Society is in talks with Co-operative Bank for a potential takeover.
Ongoing discussions are not exclusive, as per a Sky News...
Liberis bags $112m in debt financing to fuel expansion in North America and Europe
Funding Boost: UK-based Liberis secures $112 million in debt financing from HSBC Innovation Banking and BCI Capital.
Expansion Plans: Liberis aims to expand its embedded...
Bravura Solutions appoints APAC and EMEA CEOs as part of new leadership structure
Leadership Restructuring:Bravura Solutions appoints Paul Dunn as CEO for APAC and Chris Spencer as CEO for EMEA.
Aim to enhance operational efficiencies...
Germany’s Scalable Capital secures $65m in Series E extension
Banking License Secured:Trade Republic has obtained a full EU banking license from the European Central Bank (ECB).Expanded Services:The Berlin-based platform,...
US fintech Pontera secures $60m in fresh funding round led by new investor Iconiq Growth
Pontera Funding: New York City fintech firm Pontera, specializing in 401(k) wealth management, secures $60 million in funding.
Investment Round: Led by Iconiq...
Funding Circle appoints Coconut co-founder Adam Goodall as VP of product
Funding Circle Appointment:Adam Goodall appointed as the new Vice President of Product at Funding Circle.
Goodall joins Funding Circle from Coconut, a...
ICYMI fintech funding round-up: January, Spade, Keyless and more
January Technologies (US Fintech):Raised $12 million in a Series B fundraise.
Led by IA Ventures, with participation from existing and new investors.
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