MAS’ Project Guardian: Swift, UBS, and Chainlink Achieve Tokenized Fund Settlement Pilot
The Monetary Authority of Singapore's Project Guardian has completed a successful pilot for tokenized fund settlements, integrating blockchain assets with traditional Swift infrastructure.
...
Africa’s “fastest-growing fintech” Moniepoint secures $110m Series C funding
Funding Round: Moniepoint raised $110 million in a Series C round led by ADP III, with participation from Lightrock, Google’s Africa Investment Fund,...
American Express to acquire UBS’s 50% stake in Swisscard, becoming sole owner
Acquisition Details: American Express (Amex) will buy UBS’s 50% stake in Swisscard AECS, making Amex the sole owner. The transaction’s value is undisclosed...
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90 million in total penalties and...
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
Authologic Raises $8.2 Million in Series ALocation: Poland
Funding: $8.2 million Series A
Led by: OpenOcean, with support from YCombinator, Peak Capital, and...
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth Partnership
Founded: 2021 in Pakistan
...
UK government looks to strengthen BNPL protections with launch of latest consultation
The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under the Financial Conduct Authority (FCA)...
Stripe reportedly in discussions to buy stablecoin infrastructure start-up Bridge in potential $1bn deal
Stripe, a leading US payments company, is reportedly in advanced discussions to acquire Bridge, a stablecoin infrastructure start-up, in a deal potentially valued...
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of its short-term, interest-free product receivables...
