FintechDaily – Page 181 – Fresh Dose of Fintech News

Former Kuda Executive Claims Sex Discrimination and Unjust Termination

A former executive of the African digital bank Kuda has initiated legal proceedings against the company and its CEO, Babatunde Ogundeyi, in the UK Employment...

UBS Commits Investment to Climate Fintech Doconomy

Doconomy, a climate-focused fintech based in Sweden, has successfully secured EUR 34 million in a Series B funding round, with CommerzVentures and UBS’s venture arm...

Lunar Introduces GenAI Native Voice Assistant

In a groundbreaking development for the European banking landscape, Nordic challenger bank Lunar has introduced an innovative virtual assistant that leverages GenAI Native Voice technology....

Varo Completes $29 Million Capital Raise

US-based digital bank Varo has successfully secured $29 million in funding as part of a broader initiative aimed at raising $55 million. To date, Varo...

Chipper Cash Partners with Ripple for Cross-Border Payment Solutions in Africa

Ripple has established a partnership with Chipper Cash to provide crypto-enabled cross-border payment solutions to the African money transfer company. Chipper Cash, which serves five...

CFPB Plans to Abandon BNPL Regulation

The Consumer Financial Protection Bureau (CFPB) is poised to reverse its previous stance by dropping an interpretive rule that classified pay-in-four Buy Now, Pay Later...

Citi Partners with Google Cloud to Leverage AI Technology

Citi has established a multi-year partnership with Google Cloud to leverage its Vertex AI platform, marking a significant step in the bank's technological advancement. This...

Axis Bank and JP Morgan Introduce 24/7 Cross-Border Payments Powered by Blockchain Technology

Private sector bank Axis has become the first Indian financial institution to provide near-real-time, 24/7 programmable USD clearing for its commercial clients, in collaboration with...

Revolut Reinforces Commitment to Hybrid Work Model

Revolut is set to establish its new headquarters in London’s Canary Wharf, yet the fintech company remains committed to its flexible remote work policy. While...

Tandem Preserves Profitability with the Support of Eco-Conscious Customers

UK-based challenger bank Tandem has achieved its second consecutive year of profitability, primarily driven by its commitment to sustainability and eco-friendly banking practices. In the...