2025 – FintechDaily

Wise Considers Acquiring a UK Banking License

Wise is considering applying for a banking license as it develops infrastructure for a global money movement network. In recent months, the company has engaged...

UK Open Banking Reaches 15 Million Users

More than 15 million individuals and businesses in the UK—approximately one in three adults—utilized services driven by open banking in July. This achievement arrives six-and-a-half...

PayPal Encounters Turmoil in Germany as Banks Halt Payments Due to Security Concerns

PayPal is actively collaborating with German banks to address issues that impacted online payments for millions of consumers last week. The Sueddeutsche Zeitung reported that...

Monzo Launches Mobile Plans for Customers

UK-based digital bank Monzo is poised to join the wave of European fintechs venturing into mobile phone services. Currently in the initial phases of developing...

Blockchain Lender Figure Submits IPO Filing

Blockchain lender Figure Technology has filed for an initial public offering (IPO) with the SEC, aiming to list on Nasdaq. The specific number of shares...

Zopa’s Marketing Stunt Encourages Consumers to Take a Bite of Biscuit

Zopa Bank is making a bold statement in London by showcasing a large box filled with 10,240 biscuits, drawing attention to its interest-earning Biscuit current...

Fifth Third Acquires Cash Management Company DTS Connex

US Bank Fifth Third has enhanced its cash management capabilities with the acquisition of DTS Connex, although the financial details of the deal remain undisclosed....

İşbank Partners with Algbra to Launch Digital Banking in the UK

Turkey's İşbank is set to launch a new digital banking brand in the UK, named Ruut, through its fintech arm, Moka United. To support this...

FCA’s Focused Support Plan Ignites Discussion on Advisory Limits and Consumer Access

The UK's Financial Conduct Authority (FCA) has introduced new rules for targeted support, allowing organizations to offer tailored guidance to consumers regarding suitable financial products....

CFTC Reaffirms Commitment to Promoting Crypto Asset Trading in the U.S.

This week, the Commodity Futures Trading Commission (CFTC) issued an advisory regarding the foreign board of trade (FBOT) registration framework for non-U.S. entities legally organized...