FinTech News & Updates

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

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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Jun 28, 2024 FinTech News

Consumer Sentiment Shifts: Majority Ready to Change Banks Due to Fraud Protection Concerns

A recent survey by Jumio reveals that 75% of consumers are prepared to switch banks due to perceived inadequate fraud…

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Jun 28, 2024 FinTech News

ECB Releases Progress Update on Digital Euro Readiness

ECB publishes a progress update on the digital euro, highlighting advancements in technology, stakeholder engagement, and regulatory preparations.

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