FintechDaily – Page 9 – Fresh Dose of Fintech News

Revolut Empowers Financial Independence for 16- to 17-Year-Olds

Revolut has broadened access to its retail accounts for teens aged 16 to 17, allowing them greater financial autonomy as they transition toward independence from...

Visa Participates in $4.9 Million Funding Round for Stablecoin-Compliant Payment Platform HoneyCoin

Visa has participated in a $4.9 million Seed round for HoneyCoin, a payment orchestration platform compatible with stablecoins. The round was led by Flourish Ventures,...

Payoneer Leverages Citi’s Blockchain Technology for Internal Money Transfers

Payoneer is utilizing Citi's blockchain technology for real-time, 24/7 intracompany money transfers. The company is leveraging Citi Token Services — a tokenized liquidity and payment...

New York Attorney General Files Lawsuit Against Zelle Parent for Alleged “Massive” Fraud Losses

New York's attorney general has filed a lawsuit against Early Warning Services, the operator of the bank-backed P2P payments service Zelle, for not adequately protecting...

Mastercard and Zand Introduce Cross-Border Payments Solution in the UAE

UAE-based fintech Zand has announced a partnership with Mastercard Move’s money solutions to enhance cross-border payments. Mastercard Move is the payment giant's suite designed for...

Adyen’s Stock Drops Following Revenue Impact from Tariffs

Shares in Adyen tumbled on Thursday after the Dutch payments processor reduced its annual revenue forecast, citing the effects of US tariffs. Adyen reported a...

PayPal and Coinbase Back Crypto Company Mesh with Investment

PayPal Ventures and Coinbase Ventures have invested in Mesh, bringing the crypto payments network's total funding to over $130 million. The size of the latest...

ZA Global Secures $40 Million Investment in Hong Kong Stablecoin Company RD Technologies

Hong Kong-based financial conglomerate ZA Global has spearheaded a $40 million Series A2 funding round for RD Technologies, a local stablecoin issuer. RD Technologies is...

Klarna Reports Q2 Losses While Pursuing US Expansion Plans

Swedish buy now, pay later (BNPL) platform Klarna is preparing for its New York listing, despite a reported net loss in Q2. The company's plan...

Citi Investigates Stablecoin Payment Solutions

The recent law passed by the US Congress has opened up possibilities for crypto payments, prompting Citigroup to explore custody and payment services for stablecoins....