FintechDaily – Page 17 – Fresh Dose of Fintech News

Revolut Plans Expansion into Private Banking

Revolut is set to venture into the private banking sector, broadening its service offerings to better serve high-net-worth individuals. This move signifies a significant expansion...

Palau and Ripple Launch Pilot for Government-Backed Stablecoin

The Republic of Palau, a Pacific island nation, has initiated a collaboration with Ripple to launch a pilot program for a government-issued stablecoin. This partnership...

Wagestream Secures £17.5 Million in Funding

Wagestream, a financial wellbeing application, has successfully secured £17.5 million in a recent funding round that included participation from a subsidiary of the British Business...

Revolut’s Storonsky Secures £350 Million Windfall from Share Sales

Revolut's founder, Nik Storonsky, has garnered a significant personal gain of £350 million through a series of share sales in the rapidly expanding fintech company....

BDC Guides Canadian SMEs on the Path to a Greener Future

In a recent discussion with Pierre-Olivier Brodeur, the head of sustainability and decarbonization projects at the Business Development Bank of Canada (BDC), he highlighted the...

Ripple Set to Acquire Prime Brokerage Hidden Road for $1.25 Billion

Ripple has announced its acquisition of the crypto-friendly prime brokerage, Hidden Road, for $1.25 billion, marking one of the most substantial transactions in the digital...

Taurus Introduces Interbank Network for Digital Assets

Swiss blockchain startup Taurus has successfully gathered 35 banks to unveil its interbank network focused on digital assets. The network capitalizes on Taurus' established partnerships...

What Future Awaits Us with AI?

In the concluding panel of NextGen Nordics 2024 held in Stockholm, titled "The Future of AI – Realizing the Potential of This Technology," industry leaders...

Lloyds to Shut Down Contact Centre in Liverpool and Office in Dunfermline

Lloyds Banking Group is set to close its contact centre in Liverpool later this year, impacting approximately 500 employees at the facility. As part of...

Integrating Fintech and Sustainability in the UK-Singapore Financial Dialogue

The UK and Singapore reaffirmed their commitment to enhancing collaboration in sustainable finance and fintech during the eighth UK-Singapore Financial Dialogue, held in London yesterday....