FinTech News & Updates

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

Mar 14, 2025 FinTech News

AvidXchange Weighs Potential Sale Amid Takeover Interest

AvidXchange, the business payments automation firm, is exploring a potential sale after attracting buyout interest from private equity firms, according…

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Mar 14, 2025 FinTech News

FCA Seeks Input on Removing £100 Contactless Payment Limit

The UK Financial Conduct Authority (FCA) is seeking public feedback on a proposal to scrap the £100 contactless payment limit,…

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Mar 13, 2025 FinTech News

Senate Votes to Scrap CFPB Oversight of Big Tech Payment Apps

The US Senate has voted along party lines to overturn a Consumer Financial Protection Bureau (CFPB) rule that would have…

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Mar 13, 2025 FinTech News

Mexican Digital Bank Plata Becomes Unicorn with $160M Series A

Mexican digital bank Plata has reached unicorn status just two years after launch, securing a $160 million Series A funding…

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Mar 13, 2025 FinTech News

Santander and Amazon introduce Visa card in Austria

Amazon and Santander have launched a Visa credit card in Austria which rewards customers with cashbacks for shopping on Amazon…

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Mar 13, 2025 FinTech News

Abu Dhabi’s MGX Pumps $2 Billion into Binance in Landmark Crypto Deal

Abu Dhabi-based investment group MGX has invested $2 billion in stablecoin into crypto exchange Binance, marking the largest investment ever made in a crypto company…

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Mar 13, 2025 FinTech News

Visa’s Anti-Scam Unit Blocks $350M in Fraud Attempts

Visa’s newly established scam disruption practice successfully prevented over $350 million in attempted fraud in 2024. The unit, part of…

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Mar 13, 2025 FinTech News

Mimo Raises $8.5M to Expand SMB Financial Management Platform

Mimo, a UK-based financial management platform for SMBs and accountants, has secured $8.5 million in funding in an equity round…

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Mar 12, 2025 FinTech News

HSBC Joins $51M Funding Round for Immigrant-Focused Neobank Zolve

Zolve, a neobank designed to help immigrants access financial services in the U.S., has secured $51 million in a Series…

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Mar 12, 2025 FinTech News

Synctera Secures $15M Funding, Signs Bolt as New Customer

Banking-as-a-Service (BaaS) provider Synctera has raised $15 million in fresh funding, bringing its total capital to $94 million. The investment…

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