FintechDaily Staff – Page 237

La startup española de gestión de efectivo Snab recauda 1,1 millones de euros.

Snab, a Spanish startup focused on business-to-business payments and cash management, has successfully secured €1.1 million in pre-Seed funding. YCombinator led this funding round, with...

Commerzbank Receives License for Cryptocurrency Custody

Commerzbank has made history by becoming the first full-service commercial bank in Germany to receive a crypto custody license. In 2020, Germany introduced a new...

Fed Governor Waller Involved in Zoom-Bombing Incident Featuring Adult Content

Federal Reserve governor Christopher Waller had to cut short his remarks during a Zoom conference after a participant hijacked the call and displayed pornography. The...

Bank of Ireland’s Fraud Prevention Team Handles Over 10,000 Calls During the Holiday Season

Bank of Ireland has reported that its fraud prevention team received over 10,000 calls from customers during the peak holiday period spanning from Monday, December...

CFIT Appoints Ezechi Britton as CEO Amidst Fintech Growth

The Centre for Finance, Innovation and Technology (CFIT), a UK body focused on removing growth barriers for fintech, has appointed Ezechi Britton as its inaugural...

MyPOS Purchases French Cash Register Company Toporder

London-based fintech myPOS has made its first acquisition, acquiring the French cash register company Toporder. This acquisition enables myPOS to expand its presence in the...

AgTech Bank Oxbury Achieves Break-Even Point

British AgTech bank Oxbury has achieved profitability just two years after its launch and is on track to reach £1 billion in lending by next...

Mastercard Purchases Swedish Cybersecurity Company Baffin Bay

Mastercard has acquired Swedish cybersecurity firm Baffin Bay as part of its initiative to create a comprehensive protective shield for customers worldwide. Baffin Bay Networks...

Standard Chartered Overhauls FX Payments Suite

Standard Chartered has introduced SC PrismFX, a comprehensive suite of foreign exchange and payment services designed to meet the unique requirements of banks, PayTech companies,...

Mobile Bancassurance Startup Habitto Secures $3.9 Million in Funding

Habitto, a Tokyo-based startup aiming to transform money habits through a mobile bancassurance platform, has successfully raised $3.9 million in a pre-Series A financing round....