FintechDaily Staff – Page 18

Guavapay Halts UK Operations in Compliance with FCA Agreement

London-based fintech Guavapay has announced a temporary suspension of its UK services in collaboration with the Financial Conduct Authority (FCA) due to "significant challenges" with...

PayPal Invests in Stable Layer 1 Blockchain Technology

PayPal Ventures has made a strategic investment in Stable, a layer 1 blockchain network designed for stablecoin transactions. This investment is part of Stable's $28...

UK Leads in European Fintech Funding

The UK has emerged as a dominant player in European fintech, securing over half of the continent's venture funding in the first half of 2025....

SoftBank Vision Fund Reduces Workforce by 20% to Advance AI Initiatives

Fintech venture capital firm SoftBank Vision Fund has announced plans to reduce its workforce by 20% as part of a strategic pivot toward enhancing AI...

Rekord Secures $2.1M to Enhance Credit Decisioning Technology

Rekord, a startup based in Dublin, has successfully secured $2.1 million in pre-seed funding to develop its AI-driven orchestration platform designed for credit decision-making. The...

Nvidia Invests £2 Billion in UK AI Ecosystem, Supporting Revolut and Nscale

Nvidia Corp has committed £2 billion to support AI innovation and development in the UK, targeting investments in AI companies, fintech firms, and startups. According...

Singapore to Restrict Banking Services and Mobile Access for Convicted Scammers

Singapore is implementing new regulations to limit access to banking services and mobile phone lines for individuals convicted of participating in scams. The Singapore Police...

Vipps MobilePay Partners with Tink to Launch Pay by Bank in Finland

Nordic mobile payment platform Vipps MobilePay is set to adopt Tink's Pay by Bank platform for account-to-account payments in Finland. Vipps MobilePay is the leading...

Google and PayPal Forge Multi-Year Partnership for Commerce Collaboration

Google and PayPal have entered into a multi-year partnership aimed at enhancing agentic shopping and streamlining commerce payments. The collaboration focuses on developing innovative AI...

NYDFS Encourages Banks to Implement Blockchain Analytics

The New York State Department of Financial Services (NYDFS) has advised firms entering the crypto space to utilize blockchain analytics tools to enhance their risk...