January 2025 – Page 86

BBVA Launches the Financial Sector’s Pioneer Biodiversity Bond

BBVA Colombia and the International Finance Corporation (IFC) are set to issue the financial sector’s first biodiversity bond. BBVA will issue a total of $50...

DBS Chief Gupta’s Annual Salary Cut by Millions Due to Outages

DBS CEO Piyush Gupta is set to take a 30% pay cut following a series of significant outages that affected the bank's payments and ATM...

Science Card Launches E-Money Account for Ethical Spending

UK fintech Science Card has launched an e-money account aimed at supporting scientific projects across health, climate change, and technology through customer spending. With its...

Flanks Raises $8 Million to Enhance Open Wealth Platform

Open wealth platform Flanks has raised $8 million in a Series A funding round led by Earlybird Venture Capital, with participation from existing investors JME...

Klarna Challenges Traditional Banks with Innovative ‘Account’ for Fund Storage

Klarna is introducing a new "account" feature that allows customers to store money and cashback rewards, as the Swedish fintech company expands its services beyond...

NAB Collaborates with Greener to Assist Small Businesses in Lowering Carbon Emissions

National Australia Bank (NAB) has teamed up with portfolio company Greener to assist its small business clients in reducing their carbon emissions. Founded in 2022...

Entrust Initiates Discussions for Onfido Acquisition

Entrust, a provider of security services for payment cards, passwords, and access controls, has confirmed that it is in exclusive negotiations to acquire ID verification...

Revolut Achieves $45 Billion Valuation in Secondary Share Sale

Revolut has achieved a valuation of $45 billion through a secondary share sale involving both new and existing investors. The deal was orchestrated to provide...

Westpac NZ Partners with Open Finance Company Akahu

Westpac NZ's venture capital fund has led a $1.4 million investment round in Kiwi open finance startup Akahu. Akahu simplifies and streamlines the connection between...

François Hollande: Investing in Fintech is Essential

The former French President, François Hollande, delivered a keynote session at Money 20/20, discussing the current landscape of technology investments in France and his efforts...