December 17, 2024 @ 11:00 am By JD Alois  |  

Morgan Stanley (NYSE:MS) has decided to partner with Wise (LSE:WISE) to improve international transfers. Wise is a UK-based Fintech or neobank that started as a low-cost provider of payments and transfers and now offers additional banking features. Morgan Stanley is a prominent investment bank and… Read More

 Tagged morgan stanley, payments, transfers, uk, united kingdom, wise

December 17, 2024 @ 7:35 am By Omar Faridi  |  

UK-headquartered virtual payments services provider Modulr has reportedly entered a contract with HMRC for the provision of Confirmation of Payee (CoP) services, which has been secured under the latest Open Banking Dynamic Purchasing System (DPS). As per the latest agreement, Modulr will aim to offer… Read More

 Tagged confirmation of payee services, cop, HMRC, modulr, payments, uk

December 16, 2024 @ 5:17 pm By Omar Faridi  |  

PitchBook released their Quarterly Fintech M&A Review, which is tracking big bank M&A activity. PitchBook has shared informative and detailed insights on M&A by the 30 largest US banking institutions and by publicly traded fintech companies. Key takeaways shared by PitchBook from the report: Corporate… Read More

 Tagged fintech adoption, m&a, mergers and acquisitions, research

December 16, 2024 @ 10:33 am By Omar Faridi  |  

equipifi, the Buy Now, Pay Later (BNPL) platform for financial institutions, announced its partnership with Synergent, a managed services provider and strategic host of Jack Henry Symitar core processing. As a result of this partnership, Synergent credit unions will be able to launch their own… Read More

 Tagged bnpl, buy now pay later, equipifi, flexible payments

December 16, 2024 @ 9:47 am By JD Alois  |  

Last week, Gen Digital (NASDAQ: GEN) announced that it would acquire MoneyLion (NYSE: ML) for around $1 billion. Gen Digital is a software firm in the cyber sector with a market cap of around $18.26 billion. A neobank, MoneyLion, went public in a SPAC deal in September… Read More

 Tagged acquisition, gen digital, moneylion, neobank

December 16, 2024 @ 8:34 am By Omar Faridi  |  

Software as a Service (SaaS) cloud banking platform Mambu released its annual Partner Predictions Report for 2025. The report identifies the key Fintech and broader industry trends for 2025 including the “increased adoption of AI, embedded finance, and real-time payments.” The report highlights other areas… Read More

 Tagged embedded finance, mambu, research

December 16, 2024 @ 7:43 am By Omar Faridi  |  

The team at Robinhood (NASDAQ:HOOD) noted that 2024 was an important year for Robinhood Crypto—and for the entire crypto industry. As they mark the first year of the launch of Robinhood Crypto in Europe, they take a detailed look back at the milestones they’ve achieved together…. Read More

 Tagged digital assets, investment platforms, robinhood, robinhood crypto

December 15, 2024 @ 6:18 pm By Tony Zerucha  |  

1. Cloud-native Kubernetes will bridge the gap for GenAI workloads: “In many GenAI applications, enterprises will use RAG with proprietary data, which will often be confidential and sensitive. To address concerns around data security, privacy, and integrity, some will deploy GenAI in their local data… Read More

 Tagged 2025 predictions

December 15, 2024 @ 6:12 pm By Omar Faridi  |  

Current, a consumer fintech banking platform transforming financial access for everyday Americans, announced steady growth in 2024 including an “over 90 percent increase in revenue.” Following this solid year, the company has secured $200 million in new capital to accelerate “growth and fast-track profitability in… Read More

 Tagged consumer fintech, current, funding round, us

December 15, 2024 @ 5:55 pm By Michael Wong  |  

Technology platform and bank Jiko announced closing a $29 million Series C funding round led by Upfront Ventures, with participation from Airbus Ventures, Red River West, Radicle Impact, and other undisclosed investors. The new capital strengthens Jiko’s position in the institutional and enterprise markets as… Read More

 Tagged Airbus Ventures, digital bank, Jiko, upfront ventures