Tag: fintech
FCA and PSR Set Out Next Steps for Open Banking in the UK
The Financial Conduct Authority and Payment Systems Regulator outline plans to enhance open banking with new services and an independent operator.Highlights:New Services: Introduction...
HSBC Shuts Down Wise Competitor Zing
HSBC discontinues Zing, its currency conversion app, after a year, citing strategic realignment and cost-cutting measures.Highlights:Strategic Closure: HSBC shuts down Zing, its currency...
Sweden’s Open Payments Raises €3 Million in Latest Funding Round
Open Payments secures €3 million to advance B2B open banking solutions, led by Alfvén & DidriksonHighlights:Funding Round: Open Payments raised €3 million in...
Checkout.comTargets Full-Year Profitability in 2025 with 45% Revenue Growth
Payments processor aims for profitability in 2025 after a strong 2024 performance, with significant revenue growth and client expansion.Highlights:45% Year-on-Year Revenue Growth: Checkout.com...
Amazon to Acquire Indian BNPL Startup Axio
E-commerce Giant Expands Financial Services with $150 Million Deal
Highlights:$150 Million Deal: Amazon agrees to acquire Axio for over $150 million.
Six-Year Partnership: Amazon...
NomuPay Raises $37 Million to Unlock Asian Markets
Dublin-based Fintech Expands Unified Payments Platform Across Asia
Highlights:$37 Million Fundraising: NomuPay completes third investment round, bringing total funding to nearly $90 million.
Unified...