January 2025 – Page 77

Funding for Irish Fintechs Experiences a Slowdown

Funding levels in Ireland's fintech sector have decreased over the past year due to various economic and geopolitical challenges. Data from KPMG reveals that nine...

Santander Aims to Combat Scams on Facebook Marketplace

Banco Santander is implementing a ban on bank transfers for payments related to Facebook Marketplace transactions unless customers have physically inspected the item. This decision...

Ebury Selects Goldman Sachs as Lead Advisor for UK IPO

Santander-backed Ebury has reportedly appointed Goldman Sachs to lead its upcoming £2 billion IPO in London. Speculation about an IPO for the UK cross-border payments...

Kenyan Fintech Company Zanifu Secures $11.2 Million in Funding

Kenyan startup Zanifu has secured $11.2 million in debt-equity funding to enhance its platform that provides inventory financing for micro, small, and medium-sized businesses. The...

U.S. Financial Services Giants Investigate Multi-Asset Settlement through Share Ledger Technology

A group of leading US financial services companies, including Citi, JP Morgan, and Visa, is engaging in a proof-of-concept (PoC) for a Regulated Settlement Network...

EBL Set to Introduce the World’s First Biometric Metal Card

Eastern Bank in Bangladesh is set to launch what it claims to be the world's first biometric metal card aimed at premium customers. Scheduled for...

Stables Introduces Virtual Card for Stablecoin Use in Europe

Australian stablecoin payment startup Stables has officially launched in Europe, introducing a Mastercard virtual card. This expansion follows a partnership with Mastercard in Australia, where...

Funding Secured: Financial Management Platform for Multi-Entity Businesses Raises £5 Million

Translucent, a London-based accounting and financial management platform catering to multi-entity businesses, has successfully raised £5 million in a seed funding round co-led by Chalfen...

Turkish Payment Platform Craftgate Secures £1 Million Investment

Istanbul-based payments orchestration platform Craftgate has received a $1 million investment from the Turkish e-commerce platform Hepsiburada and UK venture capital firm D4 Ventures. Craftgate...

Brazil Postpones Introduction of Recurring Pix Payments

The Brazilian central bank has postponed the introduction of recurring payments on its Pix platform from October to next June. Automatic Pix will enable users...