2025 – Page 153 – FintechDaily

MUFG Acquires Robo-Advisor for $664 Million

Mitsubishi UFJ Financial Group (MUFG) has announced its intention to acquire full ownership of the robo-advisor WealthNavi for a total of $664 million. Previously, MUFG...

Klarna to Offer Sustainability Insights for Electronic Products

Klarna is leveraging data from Clarity AI to highlight environmentally responsible brands to its extensive community of over 150 million active shoppers. The initiative will...

Westpac and nCino Headline $28 Million Investment Round in Rich Data Co

Westpac and nCino have taken the lead in a $28 million funding round for Rich Data Co, an Australian artificial intelligence platform focused on decision-making...

Ripple Partners with Tenity for DeFi Fund Initiative

Swiss fintech incubator Tenity is enhancing its commitment to Decentralized Finance (DeFi) by launching an early-stage fund dedicated to supporting innovative startups that are developing...

Santander Introduces In-Branch Card Recycling Machines

Santander is launching a recycling initiative in select branches across the UK, allowing customers to dispose of expired or unused plastic cards in an environmentally...

Mastercard Unveils GenAI Retail Assistant

Mastercard has introduced an innovative generative AI retail assistant designed to provide shoppers with personalized product recommendations. The new tool, named Shopping Muse, was crafted...

Lumin Digital Secures $160 Million in Funding for Its Digital Banking Platform

Lumin Digital, a cloud-native digital banking platform, has successfully secured over $160 million in growth equity financing, with contributions from Light Street Capital, NewView Capital,...

Plum Sets Its Sights on Greece with Support from Eurobank

Plum, a UK-based smart money application, has successfully secured a €10 million minority equity investment from Eurobank in Greece, marking the beginning of a strategic...

The Environmental Impact of Cryptocurrency Mining and Trading

Financial regulators have frequently highlighted the environmental concerns associated with cryptocurrencies. A recent study by Forex Suggest indicates that to balance the ecological impact of...

Finastra Survey Reveals Global Investments in AI, Embedded Finance, and Banking as a Service (BaaS)

Finastra’s latest global State of the Nation Survey has highlighted the financial services industry’s growing investment in cutting-edge technologies, including artificial intelligence (AI), embedded finance,...