Revolut Poised for Launch in India
Revolut is set to launch its payments platform in India later this year, aiming to attract 20 million customers by 2030. UK-based Revolut will allow...
Wise to Introduce Travel Card in India
UK-based fintech Wise is advancing its presence in the Indian market with plans to launch what it claims is the country's first 'travel' card. The...
Routefusion Secures $26.5 Million for Cross-Border Payments Fintech Expansion
Routefusion, an Austin-based financial infrastructure provider, has successfully raised $26.5 million in Series A funding. This investment round was led by PeakSpan Capital, with additional...
Citi Makes Investment in Stablecoin Company BVNK
Citi has become the latest traditional financial services giant to invest in the stablecoin infrastructure platform BVNK. The amount of the investment, made through Citi...
Klarna and Google Finalize AI Partnership
Klarna has partnered with Google Cloud to utilize its complete AI stack, encompassing infrastructure, platforms, and models. This new "AI-first" collaboration aims to enhance innovation,...
Majority of Bank Employees Utilizing Unapproved AI Tools
The rise of shadow AI, where bank employees use unauthorized technology, presents an increasing risk to the financial services sector, according to recent research. A...
BoE Sounds Alarm on Possible AI Bubble
UK investors should brace for a potential sharp correction in the value of UK stocks, driven by inflated valuations for AI companies, according to the...
G20’s Cross-Border Payments Initiative Will Miss 2027 Target Deadline
Payment firms have expressed disappointment over the news that a G20 initiative aimed at improving cross-border payment efficiency is set to miss its initial deadline....
LSE and Crowdcube Make Private Markets Accessible to Retail Investors
The London Stock Exchange (LSE) has announced a strategic partnership with Crowdcube, a prominent crowdfunding platform, aimed at cultivating a more inclusive and liquid private...
Teylor Secures €150 Million from Fasanara Capital to Boost Pan-European SME Financing Expansion
Teylor has entered into a strategic partnership with a prominent London-based asset manager to propel its factoring operations across seven European nations and establish a...