FinTech News & Updates

Stay informed with the latest breaking news, market updates, and industry developments

May 12, 2025 FinTech News

Ex-Celsius CEO Mashinsky Sentenced to 12 Years for Crypto Fraud

Alexander Mashinsky, the former CEO of Celsius Network, has been sentenced to 12 years in prison after pleading guilty to…

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May 09, 2025 FinTech News

Google Deploys Gemini Nano LLM to Combat Evolving Online Scams

Google is doubling down on its fight against online scams by integrating its on-device large language model, Gemini Nano, across…

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May 09, 2025 FinTech News

Klarna Reverses AI-Only Strategy, Reinvests in Human Customer Service

Klarna is taking a step back from its aggressive AI-driven workforce reduction strategy, with CEO Sebastian Siemiatkowski now emphasizing the…

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May 09, 2025 FinTech News

Bhutan Launches World’s First National Crypto Payment System for Tourists

Bhutan has made history by launching the world’s first national-level crypto payment system for tourism, in collaboration with Binance and…

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May 09, 2025 FinTech News

Coinbase to Acquire Crypto Options Exchange Deribit in $2.9 Billion Deal

Coinbase has announced a $2.9 billion acquisition of Deribit, the leading crypto options exchange, in a strategic move to expand…

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May 09, 2025 FinTech News

Nordic Nations Build Offline Card Payment Systems Amid Geopolitical Risks

In response to growing geopolitical tensions and the threat of infrastructure disruption, the Nordic countries—Finland, Sweden, Norway, Denmark, and Estonia—are…

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May 08, 2025 FinTech News

Juice Secures £25M to Expand Lending Platform for Digital Founders

UK-based alternative lender Juice has raised £25 million to scale its founder-focused lending platform designed for digital SMEs. The capital…

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May 08, 2025 FinTech News

HSBC Launches Financing Tool to Help US Clients Manage Trump Tariff Costs

HSBC has launched a new financing solution aimed at helping US businesses manage the financial strain of rising import tariffs…

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May 08, 2025 FinTech News

Fluency to Pilot Offline and Programmable Payments for ECB’s Digital Euro Initiative

The European Central Bank (ECB) has selected UK-based deep tech firm Fluency to spearhead testing efforts around offline and programmable…

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May 08, 2025 FinTech News

Corpay and TPG Team Up to Take AvidXchange Private in $2.2B Deal

Business payments automation firm AvidXchange is set to go private in a $2.2 billion buyout, with TPG taking a 67%…

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