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FintechDaily

Fresh Dose of Fintech News
Tuesday, September 9th, 2025

QuamCore Raises $26 Million to Develop Million-Qubit Quantum Computer

QuamCore Raises $26 Million to Develop Million-Qubit Quantum Computer
An Israeli startup has secured $26 million in Series A funding to develop what it claims is the world’s first quantum computer with one million...
FintechDaily Staff
August 7, 2025

BVI Survey Aims to Attract Cross-Border Fintech Companies

BVI Survey Aims to Attract Cross-Border Fintech Companies
Fintech companies are facing significant challenges in their international expansion efforts, primarily due to a fragmented regulatory environment, according to a recent study aimed at...
FintechDaily Staff
August 7, 2025

Spend Management Startup Stavtar Secures $55 Million Funding Round

Spend Management Startup Stavtar Secures $55 Million Funding Round
Stavtar Solutions, a US-based startup offering a SaaS platform for expense allocations and spend management, has successfully raised $55 million in a Series A funding...
FintechDaily Staff
August 7, 2025

UK High Street Banks Experience Profit Decline as Online Competitors Rise

UK High Street Banks Experience Profit Decline as Online Competitors Rise
High street banks in the UK are experiencing a significant decline in profits in 2024 as consumers increasingly turn to alternative lenders and online banking...
FintechDaily Staff
August 7, 2025

Dwpbank Acquires Lemon.markets, a Brokerage-as-a-Service Platform

Dwpbank Acquires Lemon.markets, a Brokerage-as-a-Service Platform
Deutsche WertpapierService Bank (dwpbank) has announced its acquisition of lemon.markets, a brokerage-as-a-service platform based in Berlin. Founded in 2020, lemon.markets specializes in providing digital brokerage...
FintechDaily Staff
August 7, 2025

Barclays and BNP Paribas Make Strategic Investment in Capitolis

Barclays and BNP Paribas Make Strategic Investment in Capitolis
Barclays and BNP Paribas have become the latest prominent banks to invest in Capitolis, boosting the capital markets technology firm’s funding round to an impressive...
FintechDaily Staff
August 7, 2025

Klarna Explores Possibility of Reviving Autumn IPO

Klarna Explores Possibility of Reviving Autumn IPO
Klarna is aiming to revive its initial public offering plans after pausing due to market volatility earlier this year. According to a memo reported by...
FintechDaily Staff
August 6, 2025

Latvian Fintech Startup Handwave Secures $4.2 Million for Palm Payment Solutions

Latvian Fintech Startup Handwave Secures $4.2 Million for Palm Payment Solutions
Latvian fintech startup Handwave has secured $4.2 million in seed funding to launch its palm-based payment and identity platform in Europe and the US. The...
FintechDaily Staff
August 6, 2025

Alaan Secures $48 Million for Its Spend Management Platform

Alaan Secures $48 Million for Its Spend Management Platform
Alaan, a UAE-based AI-powered corporate spend management platform founded by former McKinsey consultants, has raised $48 million in Series A funding. Peak XV Partners (formerly...
FintechDaily Staff
August 6, 2025

Sainsbury’s Sells Its Travel Money Division to Fexco

Sainsbury’s Sells Its Travel Money Division to Fexco
UK supermarket group Sainsbury's is divesting its travel money business to Ireland's Fexco. Financial details of the transaction were not disclosed. Fexco will assume control...
FintechDaily Staff
August 6, 2025

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