Digital Bank Revolut Valuation Boosted by Schroders Capital Global Innovation Trust

Digital bank Revolut continues to make strategic moves in 2025, blending business expansion with product development and innovation. As widely reported, Schroders Capital Global Innovation Trust, once managed by Neil Woodford, boosted its valuation of its Revolut stake by 85%, reportedly implying a $48 billion… Read More

TreasurySpring Launches New Currency Conversion Capability

TreasurySpring, a global cash investment platform, has launched a new currency conversion capability. This integrated feature targets converting cash between major currencies, providing financial directors and treasurers with an option besides foreign exchange. The new functionality enables platform users to benefit from competitive, auditable, and… Read More

Fintech Professional Frank Rotman Steps Down from QED Investors to Launch New Startups

Frank Rotman, a key figure in the fintech venture capital landscape, is embarking on a new journey. Rotman, co-founder of QED Investors, will now reportedly transition to a partner emeritus role by the end of the year, stepping away from his position to focus on… Read More

Australia’s CommBank Introduces Seattle Tech Hub to Enhance AI Capability

CommBank is reportedly establishing a Tech Hub in Seattle, Washington (US), to advance the bank’s technology leadership and delivery of improved customer experiences by equipping teams with the skills needed to stay ahead. CommBank Chief Executive Officer, Matt Comyn said, “As the rate of global… Read More

Wealthtech Addepar Remains Focused on Alternative Investments Workflows, Leveraging AI for Wealth Management

Addepar, a wealth management technology platform, is charging into 2025 with several key updates that aim to enhance efficiency, improve insights, and strengthen client relationships for investment professionals. From leveraging artificial intelligence (AI) to streamlining alternative investment workflows, the company’s updates reveal a sharp focus… Read More

Digital Payments Provider Checkout.com Supports Interflora with Delivering Frictionless Payment Options

As flower orders surge ahead of Mother’s Day, global digital payments company Checkout.com is supporting Interflora to deliver high performing payments at scale. The partnership has enabled a “95.4% net acceptance rate” across Interflora’s European markets, helping the international flower delivery network “meet peak demand… Read More

BNPL Fintech Affirm’s COO Highlights Key Differentiators in the Pay Later Industry

Michael Linford, Chief Operating Officer of Affirm (NASDAQ: AFRM), addressed the growing popularity of pay later products. With the pay later / flexible payments sector making headlines—driven by competitive shifts and partnerships—Linford has outlined what sets Affirm apart from other pay over time fintech players…. Read More

IFC Backs SeaMoney’s Digital Lending in Thailand with $75m Investment

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an investment of up to $75 million in a senior tranche of asset-backed securities (ABS) to support digital lending operations by SeaMoney (Capital) Co Ltd in Thailand. The senior tranche will… Read More

Cleo AI to Pay $17M As Result of FTC Lawsuit Charging Firm “Deceived” Consumers

Online cash advance company Cleo AI has agreed to pay $17 million to settle the Federal Trade Commission’s allegations that the company allegedly “deceived” consumers about “how much money they could get and how fast that money could be available.” The complaint, filed in federal… Read More

Fintech Tuum and Fiinu Reactivate Core Banking Agreement to Support White-Label Expansion

Tuum, a “next generation” core banking provider, announces the renewal of its core banking software services agreement with Fiinu Plc, a UK-based fintech and creator of the Plugin Overdraft. This renewed collab reportedly supports Fiinu’s strategic white-label model, enabling open banking-driven “credit innovation at scale.”… Read More

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