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Apr 11, 2025 – FinTech News

Block Slapped With $40M Fine Over Cash App Compliance Failures

New York financial regulators have hit Block (formerly Square) with a $40 million penalty for serious deficiencies in its anti-money…

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Apr 11, 2025 – FinTech News

Gen Z-Focused Investment Platform Alinea Invest Secures $10.4M to Democratize Wealth Building

Alinea Invest, the investing app designed specifically for Gen Z, has raised $10.4 million in Series A funding to expand…

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Apr 11, 2025 – FinTech News

BaaS Platform Solid Files for Bankruptcy Amid Lawsuits and Mounting Debt

US-based Banking-as-a-Service (BaaS) platform Solid has filed for Chapter 11 bankruptcy protection, marking a dramatic fall for the once-promising fintech…

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Apr 11, 2025 – FinTech News

Visa Deepens European Fintech Strategy with Mynt Investment

Visa has made a strategic investment in Swedish spend management platform Mynt as part of a broader partnership expansion across…

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Apr 10, 2025 – FinTech News

Bank of England Flags AI as Emerging Risk to Financial Stability

The Bank of England’s Financial Policy Committee (FPC) is sounding the alarm on potential financial stability risks as artificial intelligence…

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Apr 10, 2025 – FinTech News

Lloyds Banking Group Accelerates AI Rollout with Google Cloud’s Vertex AI

Lloyds Banking Group is ramping up its AI development through a new machine learning and generative AI platform built on…

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Apr 10, 2025 – FinTech News

Wise to Establish Major Tech Hub in Hyderabad as Indian Expansion Accelerates

UK-based fintech Wise is set to establish a full-stack hub in Hyderabad, India, marking a major expansion of its operations…

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Apr 10, 2025 – FinTech News

Taurus Launches Interbank Network for Digital Assets with 35 Banks Onboard

Swiss blockchain startup Taurus has unveiled a new interbank network for digital assets, bringing together 35 banks, including heavyweights like…

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Apr 10, 2025 – FinTech News

TransFicc Raises $25M Series B to Expand Fixed Income Trading Tech

London-based fixed income trading fintech TransFicc has secured $25 million in a Series B round led by Citadel Securities, bringing…

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Apr 10, 2025 – FinTech News

Kraken and Mastercard Partner to Launch Crypto Debit Cards Across UK and Europe

Crypto exchange Kraken is teaming up with Mastercard to launch a suite of physical and digital debit cards that will…

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