FinTech News & Updates

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

Mar 27, 2025 FinTech News

Trump Orders Full Phase-Out of Treasury Paper Checks to Combat Fraud

President Donald Trump has mandated the complete elimination of paper Treasury checks by September 30 through an executive order requiring…

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Mar 27, 2025 FinTech News

Block Lays Off 931 Employees in Major Restructuring

Fintech giant Block, formerly known as Square, is cutting 931 jobs and eliminating 748 open positions as part of a significant company reorganization. The…

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Mar 26, 2025 FinTech News

Fidelity Investments Prepares Treasury-Backed Stablecoin Launch

Fidelity Investments is finalizing development of its own U.S. dollar-pegged stablecoin, which will be managed through the firm’s digital assets…

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Mar 26, 2025 FinTech News

Charm Emerges from Stealth with $8M to Combat AI-Powered Scams Targeting Banks

A new AI security platform, Charm, has launched with $8 million in seed funding to help financial institutions fight the rising tide of social…

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Mar 26, 2025 FinTech News

Walmart and JPMorgan Chase Launch Embedded Finance Solution for Marketplace Sellers

Walmart has partnered with JPMorgan Chase to offer embedded financial services to merchants on its massive online marketplace. The collaboration will enable 100,000+ sellers—who collectively…

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Mar 26, 2025 FinTech News

Debit Cards Surpass Cash as Preferred Payment Method in Switzerland

A new study by the Swiss National Bank (SNB) reveals that debit cards have overtaken cash as the most frequently used payment method at physical point-of-sale (POS) locations…

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Mar 25, 2025 FinTech News

Rain Secures $24.5M to Expand Stablecoin Card Issuance Globally

Stablecoin-focused card issuer Rain has raised $24.5 million in a funding round led by Norwest Venture Partners, with participation from Galaxy Ventures, Goldcrest, Thayer, and Hard…

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Mar 25, 2025 FinTech News

Incore Invest Raises €25M to Fuel High-Growth Fintechs Across Europe

European investment firm Incore Invest has secured €25 million for its new fund, Incore Invest II, aimed at accelerating the growth of promising SaaS, embedded finance,…

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Mar 25, 2025 FinTech News

Welsh Fintech Burbank Raises £5M to Revolutionize Online Payments with Tap-and-PIN Technology

Welsh financial technology startup Burbank has secured £5 million in seed funding to transform e-commerce payments through its innovative Card Present over Internet (CPoI) solution. The…

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Mar 25, 2025 FinTech News

Monzo Introduces Split Payments Feature to Simplify Shared Expenses

UK digital bank Monzo has launched a new Split Payments feature designed to remove the hassle of managing shared expenses among friends, roommates, or…

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