FinTech News & Updates

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

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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Mar 11, 2025 FinTech News

EU Official: Trump’s Stablecoin Support Accelerates Digital Euro Push

The European Central Bank (ECB) is pushing forward with its digital euro initiative amid growing urgency spurred by the Trump…

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