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Saturday, August 16th, 2025
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August 15, 2025

Adyen’s Stock Drops Following Revenue Impact from Tariffs

Adyen’s Stock Drops Following Revenue Impact from Tariffs
Shares in Adyen tumbled on Thursday after the Dutch payments processor reduced its annual revenue forecast, citing the effects of US tariffs. Adyen reported a...
FintechDaily Staff
August 15, 2025

PayPal and Coinbase Back Crypto Company Mesh with Investment

PayPal and Coinbase Back Crypto Company Mesh with Investment
PayPal Ventures and Coinbase Ventures have invested in Mesh, bringing the crypto payments network's total funding to over $130 million. The size of the latest...
FintechDaily Staff
August 15, 2025

ZA Global Secures $40 Million Investment in Hong Kong Stablecoin Company RD Technologies

ZA Global Secures $40 Million Investment in Hong Kong Stablecoin Company RD Technologies
Hong Kong-based financial conglomerate ZA Global has spearheaded a $40 million Series A2 funding round for RD Technologies, a local stablecoin issuer. RD Technologies is...
FintechDaily Staff
August 15, 2025

Klarna Reports Q2 Losses While Pursuing US Expansion Plans

Klarna Reports Q2 Losses While Pursuing US Expansion Plans
Swedish buy now, pay later (BNPL) platform Klarna is preparing for its New York listing, despite a reported net loss in Q2. The company's plan...
FintechDaily Staff
August 15, 2025

Citi Investigates Stablecoin Payment Solutions

Citi Investigates Stablecoin Payment Solutions
The recent law passed by the US Congress has opened up possibilities for crypto payments, prompting Citigroup to explore custody and payment services for stablecoins....
FintechDaily Staff
August 15, 2025

RBC and BMO Consider $2 Billion Sale of Moneris Payments Division

RBC and BMO Consider $2 Billion Sale of Moneris Payments Division
The Royal Bank of Canada and the Bank of Montreal are reportedly seeking to sell their payments processing joint venture, Moneris, for as much as...
FintechDaily Staff
August 15, 2025

Santander Cuts 2,000 Jobs in the UK

Santander Cuts 2,000 Jobs in the UK
Banco Santander has announced a significant reduction of 2,000 jobs in the UK as part of its ongoing cost-cutting initiatives. Last October, the bank revealed...
FintechDaily Staff
August 15, 2025

Starling’s Revaluation Boosts Chrysalis Shares

Starling’s Revaluation Boosts Chrysalis Shares
Shares in the £582 million growth capital fund Chrysalis surged by 10% following a significant increase in the valuation of its portfolio company, Starling Bank....
FintechDaily Staff
August 15, 2025

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