May 2025 – Page 11 – FintechDaily

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...

Citi and State Street Back FundGuard Investment

Citi and State Street have participated in a $40 million Series B funding round for FundGuard, an innovative enterprise platform specializing in AI-powered SaaS investment...

New York Fed Launches Innovation Center

The Federal Reserve Bank of New York has officially unveiled an innovation center in collaboration with the Bank for International Settlements (BIS). This initiative aims...

Retail Banks Must Adopt Data-Driven Strategies to Counter Fintech Competition

In a recent analysis by Capgemini and Efma, retail banking executives express concerns over their capacity to provide genuine omnichannel and personalized customer experiences, especially...

Slash Secures $41 Million for ‘Vertical Banking’ Initiative

Slash has successfully raised $41 million, achieving a valuation of $370 million for its innovative business banking platform, which aims to replace the traditional one-size-fits-all...