December 16, 2024 – FintechDaily

BofE and BIS Create Technology to Track Stablecoin Reserves

The Bank of England and the BIS Innovation Hub have developed a system that provides supervisors with near real-time data regarding the liabilities of stablecoins...

Goldman Sachs Makes Significant Advancement in Options Pricing with Quantum Solutions

Goldman Sachs has conducted research into the use of quantum computing in the options pricing market. The investment bank partnered with UK scale-up Quantum Motion...

Bourgeois Boheme Secures €6.5 Million for Wealth Management Financial Platform

Bourgeois Boheme (BoBo), a European fintech aimed at high-net-worth individuals, has successfully raised €6.5 million in a seed funding round led by Graphit Lifestyle. The...

UAE Fintech Yuze Secures $30 Million in Funding

Yuze, a fintech company based in the UAE and focused on small and medium enterprises (SMEs), has secured $30 million in funding from Osten Investments...

Finextra is Unveiling a Fresh New Look!

We are thrilled to announce the launch of Finextra’s new website, set to go live on Monday, August 5th! Our team has been diligently working...

PayPal Launches Pooling Feature for Group Purchases

PayPal has introduced a money pooling feature designed to help friends and family share expenses for group purchases. This new functionality is being rolled out...

SME Finance Taskforce Unveils Strategy to Propel UK Economic Growth

The SME Finance Taskforce has unveiled its coalition plan aimed at enhancing the UK economy by accelerating lending and improving access to finance for 5.5...

ClearBank Obtains Banking License in the Netherlands

British bank ClearBank has secured its European banking license from the European Central Bank, overseen by De Nederlandsche Bank. ClearBank specializes in real-time clearing and...

The Influence of Biodiversity in the Nordic Region

Leading up to Sustainable Finance Live 2024, scheduled for October 8 at Events@No6 in London, Richard Peers, founder of ResponsibleRisk and keynote speaker at the...

Sling Money Secures $15 Million for Stablecoin-to-Fiat Transfer App

Sling Money, which integrates stablecoin technology with fiat payment systems to facilitate instant money transfers, has successfully secured $15 million in Series A funding. The...