FintechDaily Staff – Page 22

Revolut and Monzo Compete with Interest-Bearing Savings Accounts for Kids

Revolut has unveiled its Instant Access Savings accounts tailored for children and teenagers aged 6 to 15, featuring competitive interest rates of up to 4.5%...

WorkFusion Secures $45M for AI Solutions in Financial Crime Compliance

WorkFusion, a fintech specializing in AI agents for financial crime compliance, has successfully raised $45 million in a funding round led by Georgian. In 2022,...

LSEG Launches Blockchain-Backed Platform for Private Funds

The London Stock Exchange (LSEG) has introduced a blockchain-based Digital Markets Infrastructure (DMI) platform specifically designed for private funds, successfully facilitating its inaugural transaction. Powered...

Robinhood Launches Fund to Provide Retail Investors Access to Private Markets

Robinhood is set to unveil its new fund aimed at providing retail investors with access to private markets. The Robinhood Ventures Fund I (RVI) has...

Google Cloud Launches Blockchain Solution to Compete with Stripe and Circle

Google Cloud's head of Web3 strategy has recently highlighted the company's Universal Ledger Layer-1 blockchain as a "credibly neutral" foundation for financial services, positioning it...

Zelle Reports Only 0.02% of Transactions Lead to Fraud or Scam Claims

Zelle is proactively addressing a lawsuit from New York's attorney general, who alleges that the platform failed to protect users from significant fraud. The P2P...

Revolut Readies Secondary Share Sale Valued at $75 Billion

Revolut is set to initiate a new share sale, enabling its employees to liquidate their stock holdings at a valuation of $75 billion. According to...

Seon, a Fraud Prevention Platform, Secures $80 Million in Funding

Fraud prevention and AML compliance specialist Seon has raised $80 million in a Series C funding round led by Sixth Street Growth. IVP, Creandum, Firebolt,...

Green Fintech Network Releases ‘Theory of Change’ Roadmap

The Green Fintech Network, based in Switzerland, has released its report titled The Green Fintech Theory of Change, which illustrates the pivotal role that fintech...

JPMorgan Chase Set to Introduce Digital Banking in Germany

JPMorgan Chase is set to launch its retail digital banking services in Germany next year, marking a significant step in its European expansion strategy. The...