FintechDaily – Page 106 – Fresh Dose of Fintech News

OatFi Secures $24M to Develop Credit Network for B2B Transactions

Fintech infrastructure startup OatFi has successfully raised $24 million in Series A funding aimed at developing a credit network for business-to-business payments. White Star Capital...

Santander Explores Potential Stablecoin Initiative

Bank interest in stablecoins is on the rise, with Santander reportedly exploring the launch of its own offering. Stripe president John Collison mentioned in a...

BCP Introduces Stablecoin Pegged to the British Pound

BCP Technologies has launched the first British pound-backed stablecoin from an FCA-registered crypto issuer. BCP's tokenized GBP (tGBP) is backed 1:1 by reserves held in...

New Energy Nexus Unveils Climate Fintech Cards and Payments Challenge

New Energy Nexus, a global network that supports accelerators and funding for climate solutions, has officially launched its Climate Fintech: Cards & Payments Challenge. This...

NatWest Collaborates with EV8 Switch to Support UK Drivers in Going Green

NatWest has announced a collaboration with EV8, an innovative app designed to assist customers in transitioning to electric vehicles. EV8 is a groundbreaking UK enterprise...

Climate Card Startup Ekko Launches Crowdfunding Campaign

Fintech startup ekko is leveraging growing consumer concern over climate change by launching a crowdfunding campaign on Seedrs to introduce an innovative debit card that...

Visa A2A Payments Arrive in the UK

Card giant Visa is set to enter the UK's growing account-to-account market with its new pay-by-bank offering, Visa A2A. This initiative aims to provide consumers...

Cutting-Edge Technology Isn’t Always the Solution to Customer Needs

In the rapidly evolving fintech landscape, innovations and advancements frequently emerge, reshaping our interactions with technology. While many of these developments are genuine breakthroughs, the...

Monzo Reaches Milestone of Over £1 Billion in Revenue

UK fintech Monzo has reported a significant boost in profitability, with revenue exceeding £1 billion for the first time. The digital bank, established in 2015,...

Tide Aims for Unicorn Status in UK Fintech Sector

Tide, a UK-based business banking fintech, is reportedly in discussions regarding a funding deal that could elevate its valuation to over $1 billion, potentially making...