FinTech News & Updates

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

Dec 13, 2024 FinTech News

Upvest Raises €100M Series C to Double Workforce and Expand Markets

Berlin-based investment API provider Upvest has secured €100 million in a Series C funding round, propelling its ambitious plans to…

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Dec 13, 2024 FinTech News

Railsr and Equals Group to Merge in £283M Deal

Embedded banking platform Railsr and payments provider Equals Group are set to combine forces in a £283 million merger, marking…

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Dec 13, 2024 FinTech News

Visa Direct Introduces Bank Transfers in 60 Seconds or Less

Visa is stepping up the pace of real-time payments. Starting in April 2024, the company’s Visa Direct platform will allow…

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Dec 12, 2024 FinTech News

Payments Association Pushes for Carbon Emission Standards in Digital Payments

The Payments Association is urging the development of a standardized framework to measure carbon emissions across the digital payments value…

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Dec 12, 2024 FinTech News

Klarna Fined $50 Million for AML Compliance Failures

Sweden’s Financial Supervisory Authority (FI) has imposed a Skr500 million ($50 million) fine on Klarna for deficiencies in its anti-money…

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Dec 12, 2024 FinTech News

Mynt Secures €22M to Drive SME Spend Management Across Europe

  Swedish fintech Mynt has successfully closed a €22 million Series B funding round, boosting its valuation to approximately €175…

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Dec 11, 2024 FinTech News

Google Cloud Partners with Swift to Combat Cross-Border Payment Fraud

Bank-to-bank payment network Swift has teamed up with Google Cloud to develop cutting-edge multi-jurisdictional anti-fraud technologies that leverage advanced AI…

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Dec 11, 2024 FinTech News

Gen Digital to Acquire MoneyLion in $1 Billion Deal

Tech conglomerate Gen Digital has announced plans to acquire mobile banking firm MoneyLion in a $1 billion cash deal, marking…

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Dec 11, 2024 FinTech News

Deutsche Bank and Crypto.com Forge Corporate Banking Partnership in Asia-Pacific

Deutsche Bank has partnered with Crypto.com, becoming its corporate banking provider across Singapore, Australia, and Hong Kong, with plans to…

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Dec 10, 2024 FinTech News

Norway’s Vipps Launches First Apple Pay Rival for iPhone

Vipps, Norway’s bank-backed mobile payments firm, has become the first company globally to rival Apple Pay on the iPhone, allowing…

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