Beacon Launches Digital Wallet for Immigrants Moving to Canada
Toronto-based fintech Beacon is set to launch Beacon Money, Canada’s first digital wallet dedicated to new international residents, in January 2025.
The wallet simplifies...
Trust Payments Appoints Laurence Booth as New CEO to Drive Growth
Trust Payments, a leading London-based paytech company, has appointed Laurence Booth as its new CEO.
Booth, who had served as interim CEO since...
Klarna IPO, New York Stock Exchange, fintech news, Klarna valuation, BNPL IPO
Swedish buy now, pay later (BNPL) leader Klarna has officially announced its decision to pursue its initial public offering (IPO) on the New...
FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees
The Federal Trade Commission (FTC) has filed a lawsuit against the neobank Dave, claiming the company misled consumers about cash advance amounts and...
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.
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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...