2025 – Page 266 – FintechDaily

Silicon Valley Bank Expands Its Presence in Sweden

Silicon Valley Bank (SVB) UK has announced the opening of a representative office in Stockholm as part of its continued expansion in the Nordic region,...

PayPal Enables Apple Users to Replace Passwords with Passkeys

PayPal is making a significant move away from passwords, allowing users to log into their accounts using a new industry-standard passkey. Developed by the FIDO...

Vyne Closes UK Operations for Its A2A Payments Platform

London-based Vyne is shutting down its UK operations just months after being acquired by Middle Eastern fintech Tarabut. In a statement on its website, Vyne...

Open Banking App Sync. Enters Administration

Sync., the UK open banking app founded by a former Revolut executive, has entered administration. In a statement on its website, Sync. announced that Shane...

TravelPerk Acquires Spend Management Platform Yokoy

Business travel platform TravelPerk has successfully raised $200 million and acquired Yokoy, a Swiss company specializing in AI-powered spend management. The Series E funding round...

Fintech SaaS Company Toqio Raises €20 Million in New Funding Round

London-based Toqio has successfully raised €20 million to advance its software-as-a-service solution for embedded banking services. The Series A funding round was led by AlbionVC,...

Musk’s X Partners with Visa to Enhance Payment Solutions

Social media platform X has announced a partnership with Visa in preparation for the upcoming launch of a digital wallet and peer-to-peer payments service later...

Citi Commercial Bank Names Gunjan Kalra as Head of APAC Region

Gunjan Kalra will assume her new role in September 2023, reporting to Tasnim Ghiawadwala, the global head of Citi Commercial Bank (CCB), and APAC CEO...

HSBC Partners with Customer Insights and Risk Assessment Company Bizbaz

HSBC Asset Management has led a $4 million seed funding round for Bizbaz, a Singapore-based startup leveraging non-traditional data to help financial firms assess credit...

Pleo Ventures into Treasury Management Solutions

UK businesses are bracing for a challenging 2025, leading spend management platform Pleo to launch a new cash management offering within the treasury space. A...