2025 – Page 76 – FintechDaily

South Korean Banks Develop Plans for Won-Backed Stablecoin

South Korea's largest banks have formed a consortium to issue a Won-backed stablecoin. The banks involved—KB Kookmin, Shinhan, Woori, NongHyup, Industrial Bank of Korea, Suhyup,...

Diem Secures $5.5M to Boost the Circular Economy

Diem Secures $5.5 Million Seed Funding to Revolutionize Unwanted Item Valuation Diem, a London-based startup, has successfully raised $5.5 million in a seed funding round...

Barclaycard Prohibits Cryptocurrency Purchases with Credit Cards

Brits will no longer be able to buy cryptocurrency using their Barclaycard credit cards starting later this week. In a notice on its website, Barclays...

Indian Fintech Pine Labs Set to Launch IPO

Pine Labs, the India-based payments firm, is aiming to raise over $300 million through its planned listing. The fintech has filed for an IPO and...

Starling Considering Acquisition of US Bank

UK challenger bank Starling Bank is reportedly considering the acquisition of a US lender as part of its expansion strategy. According to Bloomberg, the mobile-only...

ANZ’s Head of Technology Announces Retirement

Australian bank ANZ is searching for a new technology leader following the announcement of Gerard Florian’s departure from his role as Group Executive Technology and...

Lesaka, the South African Fintech, Set to Acquire Bank Zero

Lesaka Technologies, the South African fintech firm, is set to acquire the digital-only institution Bank Zero Mutual Bank for R1.1 billion (approximately US$62 million). Under...

Belgian Prosecutors Initiate Investigation into Local Worldline Division

Belgian prosecutors have launched an investigation into potential money laundering activities at Worldline's local unit following recent allegations about the payments processor. Shares of the...

Starling Launches Debit Cards Crafted from Recycled Plastic

Starling Bank has taken a significant step in sustainability by becoming the first UK bank to introduce Mastercard debit cards made from recycled plastic. In...

UK Tribunal Determines Visa and Mastercard Fees Violate Competition Law

The UK's Competition Appeal Tribunal has determined that the multilateral interchange fees imposed by Visa and Mastercard on retailers violate European competition law. This unanimous...