FintechDaily Staff – Page 18

Monite Expands Seed Round to $10 Million

API-first embedded finance workflows startup Monite has secured an additional $5 million, effectively doubling its seed funding round to a total of $10 million. Third...

Taurus Converts SME Credit into Tokens for Private Debt Investors

Deutsche Bank-backed Taurus is set to tokenize the SME credit portfolio of Zurich-based Teylor, enabling investor access to small and medium-sized enterprise credit opportunities. Teylor...

TabaPay Abandons Acquisition of Bankrupt BaaS Company Synapse Assets

Money-moving fintech TabaPay has withdrawn from its agreement to acquire the assets of the bankrupt Banking-as-a-Service platform, Synapse. A TabaPay spokesperson informed TechCrunch that a...

Australian Startup Stables to Launch USDC-backed Fiat Mastercard

Australian stablecoin startup Stables is set to launch a Marqeta-powered Mastercard that will facilitate the conversion of USDC to fiat currency at merchant checkout, both...

BIS Investigates the Role of Data, Technology, and Collaboration in the Fight Against Money Laundering

Recent research from the BIS Innovation Hub emphasizes that leveraging payments data, privacy-enhancing technologies, AI, and enhanced cooperation for a behavioral-based analysis approach is significantly...

Kima Seeks to Develop a ‘DeFi Credit Card’

Israeli startup Kima is collaborating with Mastercard's FinSec Innovation Lab on a project aimed at integrating decentralized finance (DeFi) applications with fiat systems. Kima is...

Two Secures €18M to Enhance Seamless B2B Transactions

Two has successfully secured €18 million to enhance frictionless B2B transactions.

ECB Launches Initial DLT Trials for Wholesale Central Bank Money Settlement

The Eurosystem has launched the first in a series of trials to explore the application of distributed ledger technology (DLT) for settling wholesale transactions in...

Smart Money App Snoop Considers Sale Options

Snoop, the money-saving app founded by former Virgin Money boss Jayne-Anne Gadhia, has reportedly engaged bankers to explore a potential sale, according to Sky News....

HSBC Collaborates with Quantinuum on Quantum Computing Research

HSBC is collaborating with tech firm Quantinuum on a series of exploratory projects focused on leveraging quantum computing in the banking sector. Over the past...