Global

February 13, 2025 @ 7:31 am By Omar Faridi  |  

TrueLayer, Europe’s Pay by Bank provider, is announcing that its consumer network has now surpassed 10 million active users. This growth highlights the demand for cost-effective digital payments, with TrueLayer’s Pay by Bank solution contributing to the key industry trend. To date, TrueLayer says that… Read More

February 12, 2025 @ 9:55 pm By Omar Faridi  |  

Western Union (NYSE: WU) and Penny Pinch announce that they have launched international money transfer services in the Penny Pinch app. The co-branded service enables customers in the country to send and receive money globally, “based on their convenience and needs.” Penny Pinch is Eastern… Read More

February 12, 2025 @ 9:53 pm By Omar Faridi  |  

NCR Atleos Corporation (NYSE: NATL), a key player focused on expanding self-service financial access for financial institutions, retailers and consumers, announced that it has expanded its ATM network, under the Cashzone brand, into Italy, providing access to cash for both residents and tourists. Although many… Read More

February 12, 2025 @ 8:51 am By Tony Zerucha  |  

A new report from Kraken details the seven trends it believes will shape 2025. They begin with increased regulatory clarity. That is key for improved investor confidence. Kraken said such improvements will drive innovation and growth in the United States. A recent survey found that… Read More

February 12, 2025 @ 8:44 am By Michael Wong  |  

Litas.io, a blockchain-based payment and crowdfunding platform, has secured a $20 million investment commitment to enhance its technology and expand its business, the company said. Litas is based in Vilnius. The company states that it “simplifies access to digital finance for SMEs but also integrates… Read More

February 12, 2025 @ 8:42 am By Omar Faridi  |  

Klarna, anAI-powered global payments network and shopping assistant, has signed an agreement with JP Morgan Payments that will, for the first time, make Klarna’s Buy Now, Pay Later (BNPL) payment options available to businesses that depend on J.P. Morgan Payments for payment processing. JP Morgan Payments, which… Read More

February 12, 2025 @ 8:38 am By Omar Faridi  |  

Mambu has recently announced the “success” of its partnership with Money DD, which is a subsidiary of the Government Savings Bank (GSB) of Thailand. The partnership has supported the launch of the “Good Money” application, offering opportunities for “underserved” Thai citizens. The app has been… Read More

February 12, 2025 @ 8:37 am By Omar Faridi  |  

ETFbook, a data and analytics platform specializing in the ETF market, announced the closing of a €4 million Series A round led by BlackFin Capital Partners. ETFbook provides a data and analytics platform accessible through a web application and APIs. Based in Zurich with a… Read More

February 12, 2025 @ 8:33 am By Omar Faridi  |  

Bitpanda has reached another regulatory milestone, securing approval from the UK’s Financial Conduct Authority (FCA) to operate in the United Kingdom. Bitpanda is a top Fintech success story emerging from Austria. Alongside the MiCAR license, this means that Bitpanda will aim to cement its position… Read More

February 11, 2025 @ 11:22 pm By Omar Faridi  |  

A recent survey of German companies operating in Central and Eastern Europe (CEE) reveals that the region is expected to become increasingly important as a market and investment location. More than half of the companies surveyed (55%) anticipate that the economic relevance of the region… Read More

February 11, 2025 @ 10:21 pm By Omar Faridi  |  

Gemini, the cryptocurrency exchange led by Cameron and Tyler Winklevoss, is considering an initial public offering (IPO) as early as this year, according to sources familiar with the situation. As reported by Bloomberg, the company is currently in talks with potential advisors, although no final… Read More

February 11, 2025 @ 9:18 pm By Omar Faridi  |  

Copenhagen-based Fintech startup ReBloom has secured a €400k pre-Seed round to fuel its growth, just three months after its founding. The company aims to democratize access to unlisted stocks through its AI-driven platform, enabling investors to trade shares in private companies like SpaceX, Revolut, and… Read More

February 11, 2025 @ 9:16 pm By Omar Faridi  |  

finova, a UK-based cloud-based mortgage and savings software provider, has announced the launch of its new mobile-first onboarding app for savers. The app expands finova’s suite of products available for lenders and savings providers. The native app aims to simplify the savings onboarding journey, addressing… Read More

February 11, 2025 @ 9:15 pm By Omar Faridi  |  

Validus Risk Management, a software and tech-enabled services platform for financial risk management, announced that it has secured a $45 million growth equity investment from FTV Capital, a sector-focused growth equity firm. The minority investment will enable Validus to accelerate its go-to-market efforts, expand into… Read More

February 11, 2025 @ 9:14 pm By Omar Faridi  |  

Kroll, the provider of global financial and risk advisory solutions, announced the addition of Morningstar Leveraged Loan Index data and PitchBook LCD data and analytics to the Kroll Private Capital Markets Platform. These additions to the Platform equip asset managers and private credit clients with… Read More

February 11, 2025 @ 3:15 pm By Omar Faridi  |  

The cleversoft group has reportedly completed its acquisition of Fineksus, which is the provider of financial messaging and anti-money laundering (AML) solutions in Turkey and the Middle East, after having received all the necessary regulatory approvals. The combination of both firms brings together cleversoft’s regulatory… Read More

February 11, 2025 @ 12:03 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) has launched options trading in the UK. Jordan Sinclair, President of Robinhood UK, said that options trading in the UK has been historically difficult due to high fees and complicated platforms. Their service is said to be both affordable and accessible for their… Read More

February 11, 2025 @ 11:11 am By Omar Faridi  |  

Australian financial services firm AMP has collaborated with Engine by Starling to develop a new digital bank designed specifically for small business owners and everyday customers. The mobile-first bank aims to cater to Australia‘s millions of small business owners, including micro businesses, solopreneurs, and side… Read More

February 11, 2025 @ 9:44 am By JD Alois  |  

The European Union (EU) has announced a commitment of €200 billion to boost development of artificial intelligence (AI). In a public statement at the Artificial Intelligence (AI) Action Summit in Paris, Commission President Ursula von der Leyen announced the new funding to accelerate AI in… Read More

February 11, 2025 @ 8:16 am By JD Alois  |  

The US Department of the Treasury, Office of Foreign Assets Control (OFAC), has partnered with Australia and the UK to sanction Zservers as it is an enabler of LockBit, a Russian ransomware group. LockBit is said to be the culprit in the attack against the… Read More