FinTech News & Updates

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

Jan 09, 2025 FinTech News

Nomupay Secures $37 Million to Unlock Asian Markets for Global Enterprises

Dublin-based Nomupay has successfully raised $37 million in its latest funding round, achieving a $200 million valuation. This funding reinforces…

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Jan 08, 2025 FinTech News

Visa Partners with Qashio to Launch B2B Travel Payments Solution

Visa has partnered with UAE-based spend management company Qashio to introduce the Visa Commercial Choice Travel programme, a groundbreaking B2B…

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Jan 08, 2025 FinTech News

Monzo Co-Founder Envisions a Future of Fully AI-Driven Startups

Jonas Templestein, co-founder of digital banking giant Monzo, is charting a bold new course in the entrepreneurial world by envisioning…

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Jan 07, 2025 FinTech News

Digital Payments Surge in Europe, But Cash Remains a Key Player

Despite the rapid adoption of digital payment solutions across Europe, cash still accounts for the majority of point-of-sale (POS) transactions,…

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Jan 07, 2025 FinTech News

Bank-Backed EPI Processes First E-Commerce Transactions

The European Payments Initiative (EPI), a venture supported by major banks to challenge Mastercard and Visa in Europe, has achieved…

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Jan 07, 2025 FinTech News

Money Squirrel Launches Cashflow Management App for UK Businesses

Money Squirrel, a fintech startup, has unveiled an open-banking-powered app aimed at helping UK businesses manage their cash flow effectively.…

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Dec 31, 2024 FinTech News

CFPB Sues Major Banks Over $870 Million in Consumer Losses

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Early Warning Services, the operator of Zelle, and three…

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Dec 31, 2024 FinTech News

Aviva Acquires Direct Line Group in a £3.7bn Deal to Bolster UK Insurance Market

Aviva, a leading insurance company, has confirmed its acquisition of Direct Line Group for approximately £3.7 billion ($4.65 billion). The…

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Dec 30, 2024 FinTech News

Deutsche Bank Securities Fined $4M for Delayed Suspicious Activity Reports

Deutsche Bank Securities, a subsidiary of Deutsche Bank AG, has been fined $4 million by the U.S. Securities and Exchange…

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Dec 30, 2024 FinTech News

TymeBank and Moniepoint Achieve Unicorn Status, Redefining African Fintech

South Africa’s TymeBank and Nigeria’s Moniepoint recently secured funding rounds valuing each at over $1 billion, marking them as unicorns…

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