FintechDaily – Page 156 – Fresh Dose of Fintech News

Chime Submits IPO Filing

Chime Financial, a digital-first mobile banking platform based in San Francisco, has reportedly initiated the process for an initial public offering (IPO), as per sources...

EU Parliament Approves New Cryptocurrency Regulations

The European Parliament has decisively passed the Markets in Crypto-Assets (MiCA) regulations, marking a significant milestone in the governance of the cryptocurrency industry. A vote...

Embat, a Fintech for Treasury Management, Secures €14.7 Million Funding

Embat, a Madrid-based startup specializing in treasury management, has successfully secured €14.7 million in a Series A funding round led by Creandum, renowned for its...

African Fintech Firm M-Kopa Secures $250 Million in Funding

African fintech company M-Kopa has successfully secured over $250 million in fresh debt and equity funding aimed at enhancing its suite of financial services for...

Klarna’s AI Chatbot Accomplishes the Work of 700 Full-Time Employees

Klarna has reported that its OpenAI-powered chatbot is effectively performing the equivalent of 700 full-time customer service agents following its global launch last month. The...

USDC Takes Center Stage in the Spotlight

Regal, a prominent cinema chain in the United States, has announced that it will now accept USDC stablecoins via Coinbase Wallet for movie ticket purchases...

UK RegTech Company NorthRow Considers Sale

UK RegTech platform NorthRow has enlisted boutique investment advisory firm Lazarus Consulting to explore growth investment opportunities or a potential full sale of the business....

Bunq Submits Application for U.S. License

Dutch digital bank bunq has reported a 65% increase in full-year profit and is intensifying its efforts to enter the US market by filing for...

New York Files Lawsuit Against DailyPay and MoneyLion Over Alleged ‘Illegal Loans’

The New York attorney general has initiated a lawsuit against DailyPay and MoneyLion, claiming that the earned wage access providers are charging workers fees that...

CBA Unveils Sustainability Action Tool for Businesses

Commonwealth Bank of Australia (CBA) has introduced a new Sustainability Action Tool aimed at assisting businesses in minimizing their environmental footprint while also reducing costs....