October 2025 – FintechDaily

Wealthsimple Secures C$750 Million at a C$10 Billion Valuation

Wealthsimple, a Canadian fintech company, has successfully secured C$750 million in funding, achieving a post-money valuation of C$10 billion. This financing round was spearheaded by...

Ubank Introduces Passkeys for Online Banking Access

National Australia Bank's digital division, Ubank, has achieved a significant milestone by becoming the first lender in the country to enable customers to replace passwords...

Coinbase and Tink Launch Pay by Bank Crypto Payments in Germany

Coinbase is collaborating with Tink, an open banking specialist owned by Visa, to facilitate crypto purchases through Pay by Bank in Germany. Pay by Bank...

BNY Executives Discuss Strategies to Address CX Fragmentation and Enhance AI Integration

At Sibos 2025 in Frankfurt, Finextra spoke with Isabel Schmidt, BNY's executive platform owner for its payments platform, and Carl Slabicki, executive platform owner for...

Lloyds Enhances Collaboration with MyPocketSkill to Promote Financial Literacy

Lloyds Bank is expanding its partnership with financial education platform MyPocketSkill to promote positive money habits among 13-25 year-olds. The collaboration began in January 2025,...

Pakistan Startup Secures $13M for Stablecoin Launch

ZAR, a startup based in Pakistan, has secured $12.9 million in funding from venture capital firm Andreessen Horowitz to pursue its goal of introducing stablecoins...

Bowman to Cut 30% of Fed’s Bank Supervision Workforce

US Federal Reserve Chair Michelle Bowman plans to reduce staff in the bank-supervision unit by 30%, as revealed in an email to employees on Thursday....

MS Azure Outage Sparks Concerns about Cloud Reliance

The recent outage of Microsoft's Azure platform has once again highlighted the significant influence exerted by a limited number of cloud computing providers. The disruption,...

Monzo hires ex-Google executive Layfield as new CEO, succeeding Anil

Former Google and Standard Chartered executive Diana Layfield is set to assume the role of CEO at UK digital bank Monzo, succeeding TS Anil, who...

Mastercard Nears $2 Billion Acquisition of Crypto Firm Zerohash

Mastercard is reportedly in advanced negotiations to acquire the cryptocurrency and stablecoin infrastructure platform, Zerohash, for a sum that may reach as high as $2...