January 27, 2025 – FintechDaily

Upvest Secures €30 Million Funding and Partnership with BlackRock

Upvest, a startup based in Berlin, has raised €30 million and established a partnership with BlackRock to enhance investment accessibility for millions across Europe. The...

US Detains Founder of Cryptocurrency Exchange

US authorities have charged Anatoly Legkodymov, the Russian founder of Hong Kong-based crypto exchange Bitzlato, for allegedly laundering hundreds of millions of dollars in criminal...

Ripple Launches Stablecoin Initiative

Ripple has begun the launch of its RLUSD stablecoin on major global exchanges, including Uphold, Bitso, MoonPay, Archax, and CoinMENA, with additional platforms expected to...

Allica Bank Secures £100 Million in Funding Round

SME challenger bank Allica has successfully raised £100 million in a Series C funding round, led by growth technology investor TCV. Allica Bank achieved profitability...

PSR Urges Data Collaboration Between Banks and Tech Platforms to Tackle APP Fraud

A new report from the Payment Systems Regulator (PSR) highlights how fraudsters are exploiting major platforms to scam consumers. APP (Authorized Push Payment) scams occur...

Winners of the Sustainable Finance Live Hackathon Unveiled

At Sustainable Finance Live last week, a concurrent hackathon took place alongside the keynotes and panel sessions. Finextra, Responsible Risk, and Nayaone provided spaces and...

Fish Caught in Pokémon-Themed Credit Card Scam

A Japanese YouTuber known for streaming his pet minnows playing games on a Nintendo Switch recently experienced some unexpected charges to his credit card. The...

Neonomics Files Complaint Regarding Anti-Competitive Practices in Norway’s Payment Market

Open banking data vendor Neonomics has lodged a complaint with the Norwegian Competition Authority, accusing the country's banking sector of engaging in anti-competitive practices within...

JPMorgan Takes Steps to Commercialize Blockchain Through Tokenized Collateral Network

JPMorgan Chase has innovatively transformed money market fund shares into tokens to facilitate an over-the-counter derivatives trade between BlackRock and Barclays Bank, leveraging blockchain technology....

Morgan Stanley First Investment Bank to Implement Wise Platform

Morgan Stanley is set to utilize Wise's technology platform for foreign exchange international settlements for its corporate clients. This partnership represents a significant milestone as...