Regtech Salv Secures €4 Million Funding
Salv, a regtech startup founded by a group of former Wise and Skype employees, has secured €4 million in an extension of its seed round,...
Keep Your Eyes Peeled – Don’t Forget to Take Five! UK Finance Introduces Scam Bingo Game
UK Finance's Take Five to Stop Fraud campaign is raising awareness among the over-65s with a new 'scam bingo' game. The UK has experienced a...
Klearly, a Phone Startup, Secures €6 Million in Seed Funding
Dutch in-person payment startup Klearly has successfully secured a €6 million seed round to facilitate its expansion into new European markets. As the preferred partner...
HelloGold Closes Operations; Luno Downsizes by 330 Jobs
The fintech sector continues to face challenges, with the Malaysian savings app HelloGold becoming the latest to close operations and cryptocurrency platform Luno reducing its...
Klarna Negotiates Sale of US Loan Portfolio
Klarna is reportedly in discussions with several banks, including Citigroup, RBC, Nordea, and Société Générale, regarding the sale of a portfolio of US "Pay in...
Dubai Investments Acquires Stake in UK Digital Bank Monument
Dubai Investments has acquired a nine percent stake in Monument, a digital banking startup that focuses on the UK's mass affluent market. The terms of...
Strategizing Digital Transformation: Balancing Trust with Partners
To effectively navigate digital transformation during the shift to the cloud, financial institutions are seeking innovative approaches to their cloud strategies. They face challenges related...
Mastercard Agrees to Pay $26 Million to Resolve Gender and Racial Discrimination Class Action Lawsuit
Mastercard has agreed to pay $26 million to settle claims of underpayment of female, Black, and Hispanic employees. The settlement, disclosed in court documents filed...
Marqeta’s First Acquisition: $275 Million Purchase of Power Finance
Card issuing fintech Marqeta is set to acquire the credit card program management platform Power Finance for $275 million in cash. Marqeta, which reported a...
Barclays and Synchrony Financial Competing to Acquire Apple’s Credit Card Division
Apple is reportedly in discussions with Barclays to take over as its credit card issuer, replacing Goldman Sachs. Additionally, credit card issuer Synchrony Financial is...