Digital Bank OakNorth Extends Revolving Credit Facility to CLS Holdings to Support Real Estate Business Expansion

UK’s digital bank OakNorth, known for backing small and medium0sized business ventures, has extended a £50 million revolving credit facility to CLS Holdings, a specialist in transforming office and commercial real estate with a strong emphasis on sustainability. Established in 1992 by the Mörtstedt family,… Read More

City Minister Touts Measures to Advance Tokenization at UK Fintech Week

City Minister Lucy Rigby discussed measures to advance tokenization at IFGS (UK Fintech Week) this week. As previously reported, measures include a single framework for traditional and tokenized payments, including stablecoins and tokenized deposits. The goal is part of the policy to “cement UK as… Read More

AI Fintech Seapoint Raises €7.5M in Seed Funding

Seapoint, an artificial intelligence-powered Fintech, has raised €7.5M in seed funding, according to a company statement. The funding round was led by 3Books, with participation from individual investors including Intercom co-founder Des Traynor, Mark Ransford, and Kota CEO Luke Mackey. In total, the company has… Read More

Global Fintech Nium, Coinbase Partner to Enable Payments with Stablecoin USDC

Nium, a provider of real-time international payment solutions, has joined forces with Coinbase (NASDAQ:COIN) in order to integrate USDC stablecoin functionality into its extensive network. Announced recently this month, the collaboration is already operational, offering Nium’s clients immediate access to advanced stablecoin tools for sending,… Read More

Fintech Thunes Introduces Real-Time Payments in New Zealand

Thunes has introduced real-time payment capabilities directly into New Zealand, marking a significant step forward in its expansion across the Asia-Pacific region. Members of the company’s Direct Global Network can now execute instant transfers to local bank accounts, delivering faster and more transparent options for… Read More

Fintech Mambu, Knowit Partner with Eiendomskreditt to Enhance Core Banking Infrastructure

Eiendomskreditt has chosen Knowit and Mambu as strategic partners to replace its existing core banking platform. The collaboration will deliver a modern, cloud-native system designed to enhance operational efficiency, scalability, and customer-centric services for one of the country’s specialized property credit institutions. Eiendomskreditt, which focuses… Read More

Slash Financial Celebrates $100M Series C

Slash Financial is now valued at $1.4 billion following a $100m Series C funding round led by Ribbit Capital. New investor Khosla Ventures and Goodwater Capital, who led Slash’s Series B 16 months ago, co-led the round. New Enterprise Associates and Y Combinator also participated… Read More

Regtech Entrust Teams Up with Vodafone Fiji to Launch Digital Debit Cards

Vodafone Fiji has partnered with Entrust in order to roll out digital debit card issuance through its popular M-PAiSA mobile wallet, marking a significant step toward instant, contactless payments in the Pacific island nation. The collaboration introduces seamless digital-first experiences for customers, allowing them to… Read More

UK HM Treasury Aims to Improve Payments Environment, Make Sector More Competitive. Targets Stablecoins, Tokenization

Today, HM Treasury introduced new measures to improve the payments sector and boost the ecosystem’s competitiveness. The policy incorporates items such as stablecoins, tokenized deposits, and more. HM Treasury highlights the fact that over 3000 Fintech firms operate in the UK, with the sector attracting… Read More

UK’s Lloyds Banking Group Strengthens AI Capabilities to Support Next Phase of Digital Technology Strategy

Lloyds Banking Group has announced a boost to its responsible artificial intelligence operations, recruiting a group of specialists to enhance oversight, ethical standards, and technical safeguards as the organisation pushes deeper into advanced AI applications. The move underscores the bank’s focus on balancing innovation with… Read More

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