FintechDaily – Page 110 – Fresh Dose of Fintech News

Swiss Fintech Startup Nsave Raises $18 Million in Series A Funding

Swiss fintech startup nsave has successfully raised $18 million in a Series A funding round led by TQ Ventures, with participation from Sequoia Capital, Y...

NAB Scam Alerts Encourage Australians to Avoid Suspicious Payments

National Australia Bank reports that customers abandoned A$48.5 million in payments over the past two months after receiving scam warnings from the bank. NAB alerts...

Hyperline Secures $10M in Funding for Revenue Management Solutions

French revenue management startup Hyperline has secured $10 million in a seed extension round led by Index Ventures. Founded in 2022 by former engineers from...

Banco Sabadell Introduces Real-Time Geolocation for Card Payments

Banco Sabadell is leveraging transaction enrichment technology from Snowdrop Solutions to help its customers visualize their card transactions on a map. This service displays both...

UK Green Fintech Tred Shuts Down Citing APP Fraud Reimbursement Regulations as the Cause

UK green fintech startup Tred is set to shut down its operations, citing new reimbursement rules concerning authorised push payment fraud as the reason for...

Companies Neglecting Social Messaging Oversight

Financial services firms are struggling to effectively monitor their employees' use of social media messaging, despite designating communications surveillance as a priority investment, according to...

Wise Expands its Services to Mexico

Money transfer giant Wise has launched its services in Mexico, aiming to enter another lucrative market. A survey conducted by Edgar, Dunn & Company on...

Barclays Discontinues Rise Fintech Accelerator Program

UK bank Barclays is closing its fintech accelerator programme, Rise, which has been in operation for the past ten years. As first reported by Axios,...

Cedar Money Secures $9.9 Million for Its Stablecoin Payments Platform

Cedar Money, a cross-border stablecoin payments platform, has successfully secured $9.9 million in a seed funding round, with QED Investors leading the investment. North Island...

European Fintech Investment Sees 10% Boost in 2024

European fintech investment saw a significant increase of 10% in 2024, reflecting growing confidence in one of the continent's leading tech sectors. Funding rose from...