FinTech News & Updates

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

Jun 29, 2024 FinTech News

Regulatory Scrutiny on Thread Bank’s BaaS Operations Raises Concerns

Thread Bank is facing regulatory scrutiny over its Banking-as-a-Service (BaaS) operations, with concerns about compliance and risk management. The Tennessee…

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Jun 29, 2024 FinTech News

Bitget Wallet Invests in Tomarket, Aims to Expand Beyond DEXs into Trillion-Dollar Markets

Bitget Wallet has announced its strategic investment in Tomarket, an innovative asset trading platform. This move aims to extend Bitget’s…

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Jun 29, 2024 FinTech News

FinTech Boom: Over $1.4bn Raised in a Record-Breaking Week for Funding

The FinTech sector witnessed a record-breaking week, raising over $1.4 billion in funding. The surge in investments highlights the growing…

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Jun 29, 2024 FinTech News

Snappi Secures ECB Banking License to Expand European Financial Services

Snappi has received a banking license from the European Central Bank, enabling it to expand its financial services across Europe.…

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Jun 28, 2024 FinTech News

DBS and Mashreq Launch Same-Day Cross-Border Payments Across Three Continents

DBS Bank and Mashreq Bank have collaborated to introduce same-day cross-border payment services spanning Asia, Europe, and the Americas. This…

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Jun 28, 2024 FinTech News

Driffle Partners with Mangopay to Enhance Payment Security and User Experience

Driffle, a leading e-commerce platform, has chosen Mangopay to bolster payment security and improve user experience by combating fraud effectively.

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Jun 28, 2024 FinTech News

VTB Bank Faces Cross-Border Transaction Challenges Amid US Sanctions

Russia's VTB Bank has encountered hurdles in cross-border transactions due to recent US sanctions, complicating international financial operations.

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Jun 28, 2024 FinTech News

Egyptian Fintech Startup Connect Money Raises $8 Million in Seed Funding

Connect Money, an emerging fintech startup based in Egypt, has successfully secured $8 million in seed funding. The investment will…

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Jun 28, 2024 FinTech News

Chetwood Financial Appoints Roger Morris as Group Distribution Director

Chetwood Financial appoints Roger Morris as Group Distribution Director, leveraging his extensive experience to drive distribution strategies and enhance customer…

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Jun 28, 2024 FinTech News

Lloyd’s and Fiera Capital Partner to Launch Innovative Canadian Fixed Income Fund

Lloyd’s Banking Group has collaborated with Fiera Capital to introduce a pioneering fixed income fund in Canada. The partnership aims…

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