Most UK Adults Have Abandoned Wallets and Purses
Research from UK ATM network Link reveals that fewer than half of UK adults carry a physical wallet as part of their daily routine. The...
Airwallex acquires OpenPay to compete with Stripe Billing
Business payments company Airwallex is positioning itself directly against Stripe Billing with the acquisition of billing platform OpenPay. The financial terms of the deal have...
Fintech Innovators Come Together to Create Bank for High Net Worth Individuals
A group of prominent fintech innovators behind Monzo, Starling, and Nutmeg is launching a bank aimed at high net worth individuals. Called "Project Arnaud," this...
Obita, a Stablecoin Startup, Secures $10 Million in Funding
Hong Kong-based stablecoin-powered cross-border payments provider Obita has successfully raised over $10 million in an angel funding round. The funding round was co-led by Vision...
Net Zero Banking Alliance Halts Operations as Bank Departures Prompt Search for New Direction
Following a significant wave of departures among major banks, the Net Zero Banking Alliance (NZBA) is transitioning from a membership-driven organization to a framework initiative....
Gemini Prepares for Initial Public Offering (IPO)
Gemini, the cryptocurrency platform co-founded by twins Cameron and Tyler Winklevoss, has taken a significant step by filing for an initial public offering (IPO), targeting...
Fintech Venture Builder OT09 Steps into the Spotlight
0TO9, a pan-European fintech venture builder and investor, has recently emerged from stealth mode with a bold goal: to launch and scale 1,000 profitable fintech...
PayPal Heads Funding Round for Agentic AI Company Kite
PayPal Ventures has led an $18 million funding round in Kite, a company focused on developing trust infrastructure for AI-generated autonomous payments. PayPal was joined...
El Salvador Diversifies Bitcoin Reserves Across Multiple Wallets for Quantum Attack Protection
El Salvador plans to divide its substantial bitcoin reserves into multiple wallets to safeguard its holdings against potential future quantum computing threats. The Central American...
Kapital Becomes Latin America’s First AI Unicorn After Doubling Its Valuation
Mexico City-based AI-powered platform for small and medium-sized businesses (SMBs) Kapital has secured up to $100 million in a Series C funding round, doubling the...