FintechDaily – Page 26 – Fresh Dose of Fintech News

Most Traditional Asset Managers Prefer Centralized Stablecoins

Stablecoins have surged in market capitalization from $130 billion to $280 billion since the end of 2023, underscoring their growing importance. Recent regulatory frameworks are...

Former Stripe Employee Launches AI-Driven Business Account for European Startups

A former senior executive at Stripe has raised $3 million in pre-seed funding to develop an AI-powered business account tailored for European startups. Seapoint is...

Stablecore Secures $20 Million to Introduce Stablecoins to Community Banks and Credit Unions

Stablecore has successfully raised $20 million to develop a platform enabling community and regional banks and credit unions to offer stablecoins, tokenized deposits, and digital...

Kredete Secures $22 Million to Enhance Credit Building and Stablecoin Remittances for African Immigrants

Kredete has successfully raised $22 million to assist African immigrants in North America and Europe in building credit and sending remittances through stablecoin payments. AfricInvest,...

Saudi Fintech Company Hala Secures $157 Million in Funding

Hala, a Saudi Arabian fintech specializing in embedded financial services for micro, small, and medium enterprises (MSMEs), has successfully raised $157 million in a Series...

PayPal Introduces P2P Links for Sending Money and Crypto

PayPal users can now send and receive money through a personalized, one-time link that can be shared via text, email, direct message, or chat. The...

MoonPay Expands Leadership with Acquisition of Meso, Welcoming Former PayPal Executives

Crypto payments firm MoonPay has acquired Meso, a startup established by former PayPal executives to connect traditional finance with digital assets. The financial details of...

Lloyds Customers Deposit Over £1 Million at PayPoint Stores Within First Month

Customers of Lloyds Bank have deposited over £1 million with PayPoint's BankLocal service within a month of the launch of the app-based cash deposit feature....

Plaid Agrees to Compensate JPMorgan for Customer Data Access

Plaid has agreed to JPMorgan's demands to pay for access to customer data, following accusations that aggregator firms were overloading its systems with unnecessary requests....

Klarna to Launch In-Store Payment Options through Apple Pay

Klarna is set to offer Apple Pay users access to Buy Now, Pay Later (BNPL) loans at in-store checkouts in the UK and US. This...