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May 27, 2025 – FinTech News

Capital on Tap Raises £650M to Expand £1.2B SME Credit Facility

UK-based fintech Capital on Tap has secured an additional £650 million in funding to expand its business credit card Master…

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May 27, 2025 – FinTech News

CFPB to Scrap Open Banking Rule, Drawing Fire from Fintech Industry

The Consumer Financial Protection Bureau (CFPB) is moving to rescind its long-anticipated open banking rule, a move that has ignited…

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May 26, 2025 – FinTech News

Banks Brace for Interest Losses Under Sepa Instant But See Long-Term Gains

As European banks race to meet the October compliance deadline for the mandatory rollout of Sepa Instant Payments, nearly half…

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May 26, 2025 – FinTech News

OpenFX Raises $23M to Revolutionize Cross-Border Payments with Real-Time Settlement

OpenFX, a foreign exchange infrastructure startup, has emerged from stealth with $23 million in funding led by Accel, alongside participation…

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May 26, 2025 – FinTech News

Industry Groups Urge SEC to Scrap Cyber Disclosure Rule

A coalition of leading US financial industry associations is calling on the Securities and Exchange Commission (SEC) to rescind its…

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May 26, 2025 – FinTech News

Major US Banks Explore Joint Stablecoin Initiative

Several of the United States’ largest banks—including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo—are reportedly in early discussions…

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May 23, 2025 – FinTech News

TD Bank to Cut 2% of Workforce Amid AI-Driven Restructuring

TD Bank has announced plans to lay off approximately 2% of its workforce—around 2,000 employees—as part of a broad restructuring…

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May 23, 2025 – FinTech News

Juspay Expands into Brazil with New Office to Support LATAM Growth

Juspay, a global leader in next-generation payment technologies, has announced the opening of a new office in Brazil, marking its…

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May 23, 2025 – FinTech News

US to Eliminate the Penny in Cost-Cutting Move

The US Treasury has confirmed that it will begin phasing out the penny, with production of the one-cent coin officially…

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May 23, 2025 – FinTech News

Slash Raises $41M to Redefine Business Banking with Verticalized Approach

Business banking startup Slash has raised $41 million in fresh funding, pushing its valuation to $370 million as it accelerates…

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