2025 – Page 260 – FintechDaily

Starling Issues Response to UK Government Report on Alleged BBLS Fraud

The UK Government has confirmed that out of the £47 billion distributed through the Bounce Back Loan (BBL) scheme, £1.1 billion of these loans are...

Aussie Buy-to-Earn Startup Hello Clever Secures A$4.5 Million Funding

Hello Clever, an Australian 'buy-to-earn' startup that provides shoppers with real-time cashback, has successfully raised A$4.5 million in seed funding. The funding round was led...

US Online Trading Platforms Debut in the UK

The UK's retail trading platform market has become increasingly competitive with the introduction of two new US ventures. Webull Securities has debuted its retail brokerage...

SMFG Set to Unveil Digital Consumer Bank in the U.S.

Sumitomo Mitsui Financial Group (SMFG) is set to launch a new standalone digital bank in the United States. Jenius Bank will function as a division...

Infinox Faces Initial Transaction Reporting Penalty Under MiFIR Regulations

The FCA has imposed its first fine for transaction reporting failures related to MiFIR regulations. Infinox Capital has been fined £99,200 for not submitting 46,053...

SteelEye Secures $21 Million in Series B Funding

SteelEye has successfully raised $21 million in a Series B funding round, marking the largest RegTech raise by a European firm in 2022. The round...

Fintechs Label Hong Kong as ‘Uncompetitive’

A recent survey of fintech executives has deemed Hong Kong uncompetitive compared to other global financial centers. Conducted by Google in partnership with financial consultant...

CFPB Imposes $2.5 Million Fine on Wise

Money transfer platform Wise has been penalized $2.5 million by the Consumer Financial Protection Bureau (CFPB) for misleading customers regarding fees and charges. The CFPB...

iPiD Secures $3.3 Million for Its International Payments Solutions Platform

International payments addressing platform iPiD has secured $3.3 million in seed funding and appointed Alain Raes, a former executive at Swift, as its chief commercial...

Robinhood Appoints CEO Ahead of UK Launch

American stock trading app Robinhood has appointed Jordan Sinclair, a Freetrade executive, to spearhead its renewed plans for a launch in the UK. Sinclair has...