Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift...

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 new funding.The capital will support the bank's expansion in fintech services.This...

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 stablecoin card issuing platform.Funding supports cryptocurrency payment solutions in the fintech...
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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...

UK Fintechs Vibepay and SmartLayer Shut Down

Both companies cease operations amidst challenging market conditions.Highlights: Vibepay and SmartLayer have officially ceased operations.The closures are attributed...

Visa and Ramp Boost Bill Pay Automation with Agentic AI

New integration aims to streamline corporate expense management processes.Highlights: Visa and Ramp announce partnership to automate corporate bill...

TikTok Seeks Financial Services Licenses in Brazil, Expanding Digital Reach

The platform aims to tap into Brazil's growing fintech market.Highlights: TikTok is applying for financial services licenses in...

FINTECH

Paytech

Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal

Klarna has signed an agreement with a subsidiary...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest...

Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia

Banked, a UK-based fintech, has acquired Waave, a...

HSBC launches embedded finance venture SemFi with Tradeshift

HSBC has launched SemFi, a new B2B embedded...

Nexi Group lands €220m financing from the EIB

Nexi Group Secures €220M Financing: Italian paytech Nexi...

Solaris to “discontinue major parts” of EMI business

Solaris Discontinues Major EMI Operations: German embedded finance...

Most Popular

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK...

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology...

Valt Bank Secures De Novo Bank Charter, Expanding Banking Options

New bank charter enables Valt Bank to offer innovative...

LHV Bank Strengthens Customer Support with AI Pilot from Gradient Labs

The partnership aims to enhance customer interactions using AI...

Elizabeth Warren Questions MrBeast’s Purchase of Teen Fintech Step

The senator raises concerns about the implications for youth...

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

This significant investment signals confidence in the future of...

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

Nexi's collaboration with Danish banks aims to strengthen payment...

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

The significant data breach prompts concerns over customer privacy.Highlights:...

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