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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US fintech PayZen launches new product to boost healthcare affordability

PayZen, a US-based healthcare-focused fintech, has introduced the PayZen Care Card to address healthcare affordability, in partnership with Geisinger and the University of Texas...

AP automation start-up Stampli raises $61m in Blackstone-led Series D

Stampli, a US-based AI-powered platform for automating accounts payable operations, has secured $61 million in Series D funding led by Blackstone, bringing its total...

Motive Partners to manage ABN Amro’s ventures fund as part of new partnership

Dutch investment bank ABN Amro is partnering with private equity firm Motive Partners to boost innovation in the fintech sector. Motive Ventures will take...

Monzo hires former Cash App exec Conor Walsh to lead renewed US expansion push

UK challenger bank Monzo hires Conor Walsh, former head of global product at Square's Cash App, as its new US CEO to pursue its...

National Australia Bank taps US fintech Trovata to launch new treasury solution

National Australia Bank (NAB) is launching NAB Liquidity+, a digital corporate cash management platform, in collaboration with Trovata to enhance capital management and support...

Stitch raises $25m in Ribbit Capital-led Series A extension

South African payments infrastructure company, Stitch, raises $25 million in Series A extension to expand its payment solutions and market reach. FactsStitch, a payments...

Aeropay teams up with UBank for in-game payments innovation

Paytech start-up Aeropay partners with Texas-based UBank to simplify in-game payments and enhance compliance in the gaming industry. FactsAeropay, a Chicago-based paytech start-up, has...

Brite Payments secures $60m funding, eyes international expansion

Swedish fintech Brite Payments has raised $60 million in a funding round led by Dawn Capital, aiming to expand its instant payments platform using...

UK fintech Weavr to shutter open banking payments app Comma

Weavr, a Banking-as-a-Service provider, is ending the standalone operation of Comma Payments, an open banking app it acquired just over half a year ago....
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