May 24, 2025 – FintechDaily

Finastra Sells Treasury and Capital Markets Division to Apax Partners

Finastra has announced the impending sale of its Treasury and Capital Markets (TCM) division to an affiliate of Apax Partners, a venture capital firm. This...

Bloomberg Terminals Restored Following Outage

Bloomberg terminals experienced a significant global outage on Wednesday, causing widespread disruption in trading activities across the globe. These terminals, which come with an annual...

BMO Invests in Direct Air Capture for Carbon Removal

Bank of Montreal has made a significant advancement in its sustainability efforts by committing to the pre-purchase of 1,000 tonnes of carbon dioxide removal through...

Google Fund Backs Dutch Fintech Payaut

Google's AI-focused venture fund has spearheaded an €8 million seed funding round for Payaut, a provider of automated payment solutions tailored for online platforms and...

Airwallex Reaches a Valuation of $6.2 Billion

Airwallex has raised $300 million in a Series F funding round, bringing its valuation to $6.2 billion. Visa Ventures joined as a strategic investor, alongside...

Visa Launches Initiative for Streamlined Fintech Integrations

Visa has launched a new program aimed at enhancing the fintech ecosystem by simplifying the integration of payment solutions into business applications. ### Visa Commercial...

GDFA Unveils First-Ever Green Fintech Taxonomy

The Green Digital Finance Alliance (GDFA) and the Swiss Green Fintech network have officially launched the world's inaugural green fintech taxonomy at the Building Bridges...

Google Introduces Agentic Shopping Experience

Google is set to introduce an agentic shopping experience within search results, allowing shoppers to specify a desired price for a product and enabling an...

Curve Wallet Aims to Rival Apple Pay on iOS Devices

London-based digital wallet Curve has seized the opportunity presented by Apple's recent decision to open its NFC interface, offering a competitive alternative to Apple Pay...

U.S. to Eliminate the Penny

The US Treasury has confirmed plans to phase out the penny, with one-cent coins set to cease production starting next year. This decision follows remarks...