FinTech News & Updates

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

Jan 20, 2025 FinTech News

Trump Meme Coin Faces Volatility as Melania Launches Rival Token

The cryptocurrency market experienced intense fluctuations after $Trump, a meme coin minted by incoming US President Donald Trump, briefly lost…

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Jan 20, 2025 FinTech News

UK WealthTech Fundment Raises £45 Million in Series C Funding

UK-based WealthTech startup Fundment, founded by former BlackRock and abrdn asset manager Ola Abdul, has secured £45 million in Series…

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Jan 20, 2025 FinTech News

American Express to Pay $230 Million for Alleged Deceptive Sales Practices

American Express has agreed to a $230 million settlement to address accusations of deceptive sales tactics involving credit cards and…

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Jan 20, 2025 FinTech News

Revolut Combats Impersonation Scams with In-App Calls

Fintech leader Revolut has launched in-app calls to better protect its retail customers from impersonation scams, a common fraud tactic…

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Jan 17, 2025 FinTech News

Amazon to Acquire Indian BNPL Firm axio for $150M+

Amazon has agreed to purchase Indian buy now, pay later (BNPL) provider axio in a deal reportedly exceeding $150 million.…

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Jan 17, 2025 FinTech News

Mastercard gender and race bias settlement

Mastercard will pay $26 million to settle a class action lawsuit alleging gender and race-based pay discrimination, affecting thousands of…

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Jan 17, 2025 FinTech News

Block Fined $255 Million Over Cash App AML and Fraud Failings

Block Inc. has been fined $255 million over AML and fraud failures on its Cash App platform, with penalties imposed…

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Jan 17, 2025 FinTech News

Amazon to Acquire Indian BNPL Firm Axio for Over $150 Million

Amazon agrees to acquire Indian BNPL firm Axio in a deal exceeding $150 million, aiming to enhance financial services and…

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Jan 15, 2025 FinTech News

Nevermined Secures $4M to Develop ‘PayPal for AI’

Nevermined, a cutting-edge startup aiming to create payment infrastructure tailored for AI-to-AI transactions, has raised $4 million in a funding…

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Jan 15, 2025 FinTech News

Klearly Secures €6 Million Seed Round for European Expansion

Dutch fintech startup Klearly, specializing in Tap on Phone technology, has raised €6 million in a seed funding round to…

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