February 1, 2025 @ 12:19 pm By Omar Faridi  |  

Fintech firm Square’s annual report finds that global consumer businesses, including beauty and retail, plan to invest in new automation and loyalty programs in 2025. Square, the technology company that makes commerce and financial services accessible, released insights from its forthcoming Future of Commerce report,… Read More

 Tagged consumer behavior, financial services, research, square

February 1, 2025 @ 8:45 am By Omar Faridi  |  

A recent report by Morgan McKinley, in collaboration with Vacancysoft, reveals a significant increase in job vacancies in the UK fintech sector. The report shows a 44% rise in fintech job openings in 2024, reaching 12,519 vacancies, up from 8,672 in 2023. The surge in… Read More

 Tagged fintech adoption, jobs, research, uk, united kingdom

February 1, 2025 @ 8:43 am By Omar Faridi  |  

PitchBook‘s research report highlights the improving investor sentiment towards retail fintech companies, with public digital banks and neobrokers outperforming the broader market in Q4. According to the report from PitchBook, this trend is driven by retail fintech companies achieving profitability alongside sustained growth, reflecting improved… Read More

 Tagged ai, fintech adoption, Research Study, retail fintech

January 31, 2025 @ 1:45 pm By JD Alois  |  

Yesterday, the Consumer Financial Protection Bureau (CFPB) issued a statement pertaining to an enforcement action against global Fintech Wise. The action arrived with a $2.5 million penalty for the firm. The CFPB claims that Wise failed to serve consumers sufficiently as it misled US customers… Read More

 Tagged cfpb, enforcement, payments, transfers, wise

January 31, 2025 @ 12:37 pm By JD Alois  |  

Swan, a European banking Fintech, has raised €42 million in Series B extension funding according to a blog post. Investors in the funding round include Accel, Hexa, Creandum, Lake Star and Eight Roads. Swan said the new money would help it expand its embedded banking… Read More

 Tagged banking, embedded finance, europe, swan

January 31, 2025 @ 12:27 pm By Omar Faridi  |  

Checkout.com, a global digital payments company, announces its partnership with GetYourGuide, the online travel experience platform. According to the announcement, this latest partnership underscores Checkout.com’s commitment to helping “digital-first” businesses to thrive. GetYourGuide is reportedly known for connecting travelers with local providers to book tours,… Read More

 Tagged checkout.com, payments, travel, user experience

January 31, 2025 @ 11:27 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) is pursuing rules that aim to make it easier for listed companies to issue bonds and investors, including smaller ones, to invest in these assets. The FCA explains that it would like to encourage listed firms to issue bonds… Read More

 Tagged bonds, consultation, fca, financial conduct authority, pisces, uk, united kingdom, winterflood

January 31, 2025 @ 10:30 am By Omar Faridi  |  

CI recently caught up with Jamie Dominguez of Q2 Holdings to discuss how banks are re-imagining banking as competition from digital banks increases. As background, Q2 (NYSE: QTWO) is a provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies,… Read More

 Tagged banking, embedded finance, interview, jamie dominguez, neobank, q2

January 31, 2025 @ 7:48 am By Omar Faridi  |  

Formance, an Open Source financial infrastructure provider, announced the close of a $21 million Series A funding round co-led by PayPal Ventures and Portage, with participation from Y Combinator, Hoxton Ventures, and AXC. This latest milestone reportedly comes on the heels of a “10x increase”… Read More

 Tagged formance, funding round, open source, PayPal Ventures

January 30, 2025 @ 9:08 pm By Omar Faridi  |  

K2 Group Holdings Limited, a division of K2 Insurance Services and a leading specialty insurance and (re)insurance underwriting platform based in London, announces the launch of K2 Credit. This division founded by Benedict Gedye and Josh Madeiros will write comprehensive Non-Payment Insurance “across Single Risk… Read More

 Tagged insurance, k2 group, london