October 9, 2026 @ 11:53 am By JD Alois  |  

Artificial intelligence portfolio manager Pave Finance says it has extended its Series A round, raising an additional $5 million. The firm shares that the funding round now totals $20 million Pave says it will put the funding to work immediately as it begins hiring more… Read More

 Tagged funding round, Pave Finance, wealthtech

October 9, 2026 @ 12:46 am By Omar Faridi  |  

A Pennsylvania public-employee pension fund has brought a proposed securities class action against Coastal Financial Corporation and three senior executives, claiming the bank holding company concealed a sharp deterioration in credit quality at one fintech partner until the resulting charge wiped out roughly $470 million… Read More

 Tagged coastal financial corporation, fintech, lawsuit, washington

October 8, 2026 @ 11:44 pm By Omar Faridi  |  

Monzo is accelerating efforts to attract private-equity capital after talks on a full sale to Brazil’s Nubank broke down over price. The eleven-year-old UK digital bank, which has spent the past year navigating boardroom friction while hunting growth funding, has held early discussions in recent… Read More

 Tagged acquisition, monzo, nubank, private equity, uk, united kingdom

October 8, 2026 @ 7:28 pm By JD Alois  |  

The chief executive of Revolut for Western Europe, Béatrice Cossa-Dumurgier, says the company will cover the cost of replacing identity documents for impacted users of the digital banks. This is according to French broadcaster BFM TV According to reports, in September, someone controlling an email… Read More

 Tagged EU, hack, revolut

October 8, 2026 @ 2:40 pm By Omar Faridi  |  

Robinhood (NASDAQ: HOOD) is pushing further into everyday spending by wiring a travel booking portal into its app, and it is doing so with inventory and booking infrastructure from Duffel, the London travel-technology company that sells flights, stays, and related services through a single programming… Read More

 Tagged bitcoin, duffel, robinhood, travel

October 8, 2026 @ 7:03 am By Omar Faridi  |  

HSBC (NYSE: HSBC) is preparing substantial staff reductions inside its British wealth management operations, according to reports that first appeared in the FT on 7 October 2026. The changes form part of a wider effort to embed artificial intelligence more deeply into how the bank… Read More

 Tagged ai adoption, banking, hsbc, layoffs, uk, wealthtech

October 8, 2026 @ 1:33 am By Omar Faridi  |  

Quebec’s public pension manager is taking a firmer hand at FNZ, the London-based wealth technology group, after losing patience with how the business has been run. According to the FT, which cited four people familiar with the matter, La Caisse de dépôt et placement du… Read More

 Tagged fnz, pension fund, quebec, wealthtech

October 7, 2026 @ 4:54 pm By Omar Faridi  |  

Cross-border payments Fintech Conduit Technology has filed a federal lawsuit accusing stablecoin issuer Tether of locking roughly $2.76 million of the firm’s USDT and refusing either to release the balance or to explain the action. The complaint, lodged on October 5, 2026, in the US… Read More

 Tagged condut, Cross-Border Transactions, lawsuit, stablecoins, tether

October 7, 2026 @ 2:14 pm By Omar Faridi  |  

Founders Fund, the venture firm associated with Peter Thiel, has led a $5 million purchase of ANVL governance tokens in Anvil, an Ethereum protocol that treats locked digital assets as collateral for payments, credit, and deposits. The purchase was disclosed on October 6, 2026 alongside… Read More

 Tagged anvil, bullish, founders fund, pantera capital, peter thiel, research

October 7, 2026 @ 9:48 am By JD Alois  |  

The Montana Bankers Association has issued a statement supporting Stablecore as a provider of digital asset services for its members. MBA aims to ensure community banks remain strong. Stablecore helps banks to offer payments, stablecoins, tokenized deposits, and digital assets from a single platform.  Stablecore is backed by… Read More

 Tagged montana, Montana Bankers Association, Stablecore, tokenization