May 2025 – Page 5 – FintechDaily

Mastercard to Support Research on Racial Bias in Credit Decisions

Mastercard has announced a $5 million investment to establish the Center for Applied Data Science and Analytics (CADSA) at Howard University. This initiative aims to...

UK Fintech Dojo Secures $190 Million in Funding

UK payments technology provider Dojo has successfully raised $190 million in its first equity round led by Vitruvian Partners. Since launching in 2021, Dojo's cloud-native...

Checkout.com Billionaire Founder Relocates from London to Monaco

The billionaire CEO of payments processor Checkout.com, Guillaume Pousaz, has relocated from the UK to the tax haven of Monaco. Pousaz, who was born in...

Investors and Greentech Startups: Key Players in Achieving Decarbonization

On the second day of COP26’s World Leaders Summit, the European finance consultancy Oxera hosted a session titled “The Economics of Climate Change.” This event...

Block Introduces Bitcoin Payments Through Square

Block is introducing real-time Bitcoin payments for its Square point-of-sale terminals, with the feature expected to roll out later this year. This innovation utilizes the...

Conduit Secures $36M to Compete with Swift in Stablecoin-Powered Cross-Border Payments

Stablecoin-based cross-border payments platform Conduit has raised $36 million in a Series A funding round co-led by Dragonfly and Altos Ventures. Sound Ventures, Commerce Ventures,...

Palla Secures $14.5 Million for International Payment Solutions

Palla, a fintech company facilitating instant cross-border payments for global financial institutions and fintech firms, has successfully raised $14.5 million in a Series A funding...

TD Bank Plans to Hire 2,000 Technology Professionals

Canada's TD Bank has announced plans to recruit 2,000 technology professionals throughout the year, intensifying the competitive landscape for talent in the banking industry. Attracting...

UK to Mandate Financial Firms to Disclose Net Zero Strategies

During the COP26 climate conference in Glasgow, Chancellor Rishi Sunak announced that the UK Government will mandate financial institutions and UK-listed companies to disclose their...

Shawbrook Leverages AI to Accelerate Loan Pricing Decisions

Shawbrook Bank, a prominent UK specialist lender, has significantly enhanced its personal loan pricing efficiency, now generating rates five times faster thanks to the implementation...