FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment aims to boost predictive market capabilities.Polymarket continues to innovate in financial...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...

Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...
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Bahrain’s Flooss taps Tarabut for open banking-powered lending

Bahrain-based fintech Flooss partners with open banking platform Tarabut to enhance its digital lending platform, creating Bahrain's first open banking-enabled digital lending service. FactsFlooss...

Investree to launch Qatar lendtech hub following $231m Series D

B2B lending platform Investree, based in Jakarta, Indonesia, raises $231 million in Series D funding led by Qatar's JTA International Holding. FactsInvestree secures $231...

American Express to pilot biometrics for online transactions

American Express is piloting fingerprint and facial recognition technology to enhance online ID checks, aiming for stronger, faster, and more intuitive authentication processes. FactsAmerican...

Fintech unicorn Slice to merge with India’s North East Small Finance Bank

Indian credit card fintech Slice has received approval from the Reserve Bank of India (RBI) to merge with North East Small Finance Bank (NESFB),...

Rauva appoints Tomas Oliveira da Silva as chief risk officer

Portugal-based start-up Rauva appoints Tomas Oliveira da Silva as Chief Risk Officer (CRO) to complete its leadership team, aiming to build Europe's first fully...

UK fintech ieDigital acquires CUSO Connect FSS to tap US market

London-based fintech ieDigital is acquiring Connect FSS to expand its international market presence in digital banking software. FactsConnect FSS, founded in 2008 in Sandy,...

Banc of California joins Rise Economy for $4.1bn community benefits plan

Banc of California partners with Rise Economy to launch a $4.1 billion benefits plan aimed at underserved communities and businesses in California. FactsThe plan...

SaaS fintech Earnix appoints Be’eri Mart as chief product officer

Be’eri Mart, a veteran of the financial services industry, is appointed as the Chief Product Officer of Israeli fintech Earnix. FactsBe’eri Mart, a 20-year...

UK’s ClearBank plots international expansion with four new board appointments

ClearBank Group Holdings appoints four new non-executive directors to drive international expansion and boost growth. FactsPeter Herbert, current Chair of Bank of Ireland, becomes...
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