Latest News – Page 30

Accion Ventures Secures $61.6 Million Fund for Early-Stage Fintech Investments

Non-profit group Accion International is enhancing its investment initiative for seed-stage fintech startups focused on financial inclusion, successfully raising $61.6 million from global investors. Limited...

BNP Paribas and HSBC Partner with Canton Foundation

BNP Paribas and HSBC have recently joined the Canton Network blockchain platform's foundational group, which focuses on tokenized assets. This move follows the earlier commitments...

Banks Poised to Ramp Up AI Investment as Productivity Soars

Surge in AI Adoption Among UK Financial Institutions Recent findings from Lloyds’ Financial Institutions Sentiment Survey indicate a significant commitment from UK financial firms towards...

Revolut Partners with Google Cloud in Multi-Million Dollar Agreement

Revolut has secured a significant multi-year, multi-million dollar agreement with Google Cloud, aiming to accelerate its global expansion. This collaboration is a crucial component of...

Fintech Bank Raises $70M in Funding Round

Lead Bank has achieved a valuation of $1.47 billion after securing $70 million to support fintech and crypto companies. New investors Iconiq and Greycroft joined...

Irish Banks Collaborate to Compete with Revolut Through New P2P Payments App

Ireland's top three retail banks, AIB, Bank of Ireland, and PTSB, are set to launch a new mobile payment service called Zip Pay next year,...

ID.me Achieves $2 Billion Valuation with Funding to Combat AI Fraud

Digital identity wallet ID.me has achieved a $2 billion valuation following a $340 million funding round, complemented by a credit facility. The Series E funding...

Utila Triples Valuation in Six Months as Demand for Stablecoin Infrastructure Fuels Extension Round

Digital assets operations platform Utila has secured a $22 million Series A extension round, significantly increasing its valuation in just six months amid the ongoing...

Bank of England and BIS Create Ready-Made Module for ISO 20022 Data Analysis

The BIS Innovation Hub and the Bank of England have developed a prototype analytical tool designed to leverage the richer payments data generated by the...

PayPal Offers Users Early Access to Perplexity AI Browser

PayPal and Venmo users in the US and other unspecified markets can now bypass the waitlist for Perplexity's new AI-powered web browser, Comet, through a...