Berlin’s NAO Secures €3.4 Million to Democratize Alternative Investments
Berlin-based WealthTech startup NAO has raised €3.4 million in a seed funding round led by private investors, family offices, and existing backers, including FinTech veteran Jakob Schreyer and VC Zeitgeist X Ventures. Opening Alternative ... Read More
Lunar Launches Standalone Enterprise Payments Unit, Moonrise
Nordic challenger bank Lunar has unveiled Moonrise, a new standalone entity dedicated to expanding its Banking-as-a-Service (BaaS) capabilities. This move positions Lunar to capitalize on the rapidly growing European BaaS market, which is ... Read More
Zopa Secures £68 Million Equity Funding to Drive Growth and Innovation
Zopa Bank has raised £68 million in equity funding to support its continued expansion and upcoming innovations, including the launch of its flagship current account and Generative AI (GenAI) proposition set for 2025. Key Highlights from ... Read More
Cash Usage in the UK Rises Again Amid Budgeting Pressures
For the second consecutive year, cash usage in the UK has increased, with more consumers turning to notes and coins to manage spending during challenging economic times. According to the British Retail Consortium (BRC): Cash accounted for ... Read More
Mambu Acquires Numeral to Bolster Payment Capabilities
Cloud banking giant Mambu has announced its acquisition of Paris-based Numeral, a banking aggregation and payment automation platform, as part of its strategy to enhance its core banking offerings and drive global growth. Mambu plans to ... Read More
Bitcoin Breaks $100,000 Barrier Amid Market Rally
For the first time in its history, Bitcoin surged past the $100,000 mark, peaking at $103,000 late Wednesday before stabilizing at $102,900. The rally comes as investors anticipate pro-cryptocurrency policies under Donald Trump’s ... Read More
NatWest Launches Fintech Growth Programme for UK Startups
NatWest Group has announced the launch of a Fintech Growth Programme, designed to support UK-based pre-Series A startups in scaling their solutions and contributing to the bank’s innovation pipeline. Program Details NatWest will select ... Read More
Crypto.com Partners with Mastercard to Launch Card in Bahrain, Eyes GCC Expansion
Crypto.com has announced the launch of its prepaid card in Bahrain, leveraging a Mastercard Principal Licence and its Payment Service Provider licence from the Central Bank of Bahrain. This marks a strategic move to broaden its presence ... Read More
AI-Powered Systems Emerging as Prime Targets for Hackers, Experian Warns
Experian’s 12th Annual Data Breach Industry Forecast projects that 2025 will see cybercriminals shift their focus towards AI-powered infrastructure, escalating the global data breach crisis. Michael Bruemmer, Experian’s VP of ... Read More
Rabobank Invests in Fraud Detection Fintech ThreatFabric
Dutch banking giant Rabobank has deepened its relationship with ThreatFabric, a fraud detection fintech, by investing through its Rabo Investments arm. ThreatFabric, co-developed with ABN Amro, specializes in behaviour-based location ... Read More