September 3, 2025 @ 10:07 am By JD Alois  |  

Pave Finance has raised $14 million in Seed financing in a funding round that was said to be oversubscribed. Pave, which just announced its commercial launch, is an artificial intelligence (AI) platform for personalized wealth management. The funding was said to come from former executive… Read More

 Tagged funding round, pave financial, wealthtech

September 3, 2025 @ 8:24 am By Omar Faridi  |  

Wise (LON:WISE), a global Fintech known for its focus on international transfers, is reportedly contemplating a significant shift in its business model by exploring the possibility of becoming a fully licensed bank in the United Kingdom. According to recent reports, the company has initiated discussions with… Read More

 Tagged banking license, payments, uk, united kingdom, wise

September 3, 2025 @ 8:20 am By Omar Faridi  |  

Artificial intelligence has reportedly moved from pilot to performance for UK financial institutions. According to the latest Lloyds’ Financial Institutions Sentiment Survey, the sector is entering a new phase of AI maturity, with firms reporting tangible business benefits and “increased investment in the technology over… Read More

 Tagged ai, artificial intelligence, lloyds bank, survey, uk, united kingdom

September 3, 2025 @ 2:19 am By Michael Wong  |  

Amartha, an Indonesia-based platform for entrepreneurs, announced it has secured a digital wallet license from Bank Indonesia and transformed into Amartha Financial Group. The company is expanding beyond microloans into digital payments, micro-investments, and other financial services for Indonesia’s rural economy, which employs over 40… Read More

 Tagged amartha, digital wallet, indonesia

September 3, 2025 @ 2:18 am By Omar Faridi  |  

Australia is grappling with a rising tide of scams, and new data from Westpac has pinpointed the nation’s scam hotspots, with Sydney’s Central Business District (CBD) emerging as the most scammed postcode in the country. The findings, based on customer reports to Westpac, highlight that… Read More

 Tagged ausrtralia, fraud, insights, scams, westpac

September 3, 2025 @ 12:30 am By Omar Faridi  |  

Aberdeen Group plc, a UK-based wealth and investments firm, has recently announced significant strategic moves aimed at sharpening its focus and enhancing its offerings in the evolving financial landscape. This month, Aberdeen unveiled a partnership with Titanbay, a European private markets infrastructure provider, to streamline… Read More

 Tagged aberdeen, investments, titanbay, uk, united kingdom, wealth management

September 2, 2025 @ 7:36 pm By Omar Faridi  |  

The automotive finance sector is witnessing a significant shift as consumers increasingly turn to refinancing to manage vehicle loan costs, according to an update from Experian, which is also focused on strengthening its fraud prevention capabilities through a strategic partnership. According to Experian’s State of… Read More

 Tagged digital technology, experian, id verificiation

September 2, 2025 @ 5:33 pm By JD Alois  |  

Solowin (NASDAQ: SWIN), a Hong Kong-based financial services firm that is in the digital asset sector, says it will gain a US banking license via the acquisition of an unnamed chartered bank. Solowin says that it is in “advanced stages” of the acquisition, adding that… Read More

 Tagged banking, hong kong, rwas, solowin, tokenization

September 2, 2025 @ 9:48 am By JD Alois  |  

Zopa Group, a digital bank, has acquired payments platform Rvvup in a move that is expected to 3X its  embedded finance business in two years. The acquisition is predicted to boost its point of sale credit services supporting all payment options. The acquisition is Zopa’s… Read More

 Tagged acquisition, banking, digital bank, payments, rvvup, uk, united kingdom, zopa

September 2, 2025 @ 9:28 am By JD Alois  |  

European payments Fintech Klarna has filed to raise $1.27 billion in an initial public offering (IPO). Founded in Sweden but now based in the UK, Klarna shares are expected to trade on the New York Stock Exchange (NYSE) under the ticker “KLAR.: The offering includes… Read More

 Tagged bnpl, ipo, klarna, payments