FintechDaily – Page 205 – Fresh Dose of Fintech News

Revolut Expands Workforce and Initiates Testing in Preparation for UK Banking Transition

Having finally secured its UK banking license, Revolut is actively hiring staff and testing its systems as it prepares to transition millions of customers to...

Berlin WealthTech NAO Increases Seed Financing to €4.5 Million

Berlin-based WealthTech startup NAO has raised over one million euros in a second closing of its Seed financing, bringing the total funding from this round...

Curve Readies for Wallet Wars with £37 Million Investment

London-based digital wallet Curve has raised £37 million in a funding round led by Hanaco Ventures, with participation from Fuel Ventures, IDC, Outward VC, and...

India’s Mswipe Expands into the UK with Cashflows Partnership

Indian fintech company Mswipe is making its entrance into the UK market through a partnership with Cashflows, leveraging an acquiring BIN sponsorship model. Based in...

Klarna Unveils IPO Prospectus and Secures Walmart Partnership from Affirm

Swedish BNPL giant Klarna has officially submitted its application to the Securities and Exchange Commission for a listing of its ordinary shares on the New...

Singapore Authorities Caution Against Increasing Deepfake Risks in Corporate Video Calls

Singapore authorities have issued a warning to businesses about a surge in scam video calls utilizing deepfake AI technology to impersonate company executives, with the...

Santander and Amazon Launch Visa Card in Austria

Amazon and Santander have introduced a Visa credit card in Austria that offers cashback rewards for purchases made on Amazon and other websites. This fee-free...

AvidXchange Explores Sale Options – Bloomberg

Four years after going public, business payments automation firm AvidXchange is exploring a potential sale following takeover interest, as reported by Bloomberg. The company has...

Senate Approves Measure to Eliminate CFPB Supervision of Major Tech Payment Applications

The US Senate has voted to overturn a Consumer Financial Protection Bureau (CFPB) rule aimed at regulating tech giants like Apple, Google, and X, which...

FCA Requests Public Input on Removing £100 Contactless Payment Limit

The UK Financial Conduct Authority (FCA) is seeking feedback on its proposal to eliminate the £100 limit on contactless card payments. Initially announced in January,...