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....
Phony XRP ETF Submission Boosts Token’s Price
A filing that suggested BlackRock was preparing to launch a spot XRP exchange-traded fund briefly caused the token's price to soar before the asset manager...
Mazepay Secures €4M to Streamline B2B Payment Solutions
Denmark's Mazepay has successfully raised €4 million to enhance its platform, which aims to streamline long-tail procurement and B2B payments. The funding round was spearheaded...
Egyptian Payment Technology Firm MoneyHash Secures $5.2 Million in Funding
Egyptian payments platform MoneyHash has secured $5.2 million in pre-Series A funding to focus on emerging markets worldwide. Flourish Ventures, a leading global fintech investor...
The Bank of London Secures $40 Million Series C Funding Extension
The Bank of London, a global startup specializing in clearing and transaction banking, has successfully raised $40 million in an extension of its Series C...
TikTok Under Increased Congressional Scrutiny in the U.S.
The US Congress scrutinized TikTok CEO, Shou Zi Chew, during a four-hour hearing as the company faces escalating demands for a ban in the United...
Stripe Reduces Workforce by 300 Employees
Stripe has recently laid off approximately 300 employees, representing 3.5% of its workforce, as reported by Business Insider. The layoffs primarily affect product, engineering, and...