2025 – Page 296 – FintechDaily

Enfuce Launches 2-in-1 Debit and Credit Card in the UK

Finnish-founded card issuer and payment processor Enfuce is introducing its innovative two-in-one debit and credit card to the UK, France, and Germany. In the Nordics,...

AbbeyCross Secures $6.5 Million for FX Platform Targeting Emerging Markets

AbbeyCross, a wholesale FX platform dedicated to enhancing the payment market infrastructure for emerging market currencies, has successfully raised US$6.5 million in a seed funding...

Strise Secures $10.8 Million as Financial Crime Draws Investor Interest

Nordic AML vendor Strise has successfully raised $10.8 million in a Series A funding round, which will facilitate its international expansion, beginning with the UK....

UK Startup Perenna Obtains Banking License from FCA and PRA

Mortgage lender Perenna has made history by becoming the first UK startup to receive an unrestricted banking licence in 2023. Last year, Perenna obtained a...

FCA Discovers Inadequate Sanctions Control Measures in Companies

A recent FCA survey examining sanctions controls at 90 UK firms has revealed several deficiencies in key areas, including staffing, technology, and reporting frameworks. The...

FCA Postpones Implementation of Cryptocurrency Cooling Measures

The UK's Financial Conduct Authority (FCA) has announced that some crypto firms will receive extended deadlines to adhere to new marketing regulations, including a 24-hour...

Goldman Sachs Heads $36 Million Investment Round in Canoe Intelligence

Goldman Sachs has led a $36 million Series C funding round in Canoe Intelligence, an alternative investment data platform. Existing investors F-Prime Capital and Eight...

Mastercard Leverages AI in the Fight Against Scammers

Mastercard is addressing the increasing risk of scams with the introduction of an AI-based product suite and various cross-industry collaborations. According to the FBI, Americans...

Paymob Secures $22 Million in Extended Series B Funding Round

Egypt-based fintech Paymob has successfully raised a $22 million Series B extension round, increasing its total Series B funding to $72 million. The funding round...

CFPB Targets Apple Over NFC Chip Access Issues

The Consumer Financial Protection Bureau (CFPB) has taken a strong stance against Apple's policy of limiting access to the NFC chip technology that facilitates payments...