Luge Capital, a venture capital fund focused on fintech, has successfully raised an initial $71 million to invest in early-stage startups in Canada and the...
Neighborhood loyalty platform Bilt Rewards has increased its valuation to $3.25 billion following a $150 million funding round. The investment was led by Teachers’ Venture...
Manhattan's district attorney has urged the companies behind Venmo, Zelle, and Cash App to enhance their security measures due to a rise in fraud incidents....
UK mortgage lending startup Perenna has successfully raised $52 million shortly after obtaining an unrestricted banking license. Last year, Perenna secured a restricted banking license...
FE fundinfo, a financial data platform serving the asset management sector, has acquired the German WealthTech firm Dericon. This marks FE fundinfo's seventh acquisition within...
Sweden's Riksbank has reported a ransomware attack on Tietoevry, a software firm, which has resulted in the shutdown of some of the central bank's IT...
German prosecutors have charged two additional Wirecard executives with wrongdoing leading up to the collapse of the previously celebrated fintech company. Alexander von Knoop, the...
Adopting distributed ledger technology (DLT) to achieve faster settlement times may negatively impact liquidity and raise transaction costs, according to research from the World Federation...
The Justice Department has charged two individuals and accepted the guilty plea of a third for masterminding a massive $1.89 billion cryptocurrency fraud scheme. Sam...
American digital bank Varo has entered into a five-year issuer processor agreement with Marqeta. Founded in 2015 by former Wells Fargo executive Colin Walsh, Varo...