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Latest Results from /retail

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Wise launches in Mexico

Money transfer giant Wise has launched in Mexico as it seeks to tap into another multi-billion dollar market.

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Chrysalis share price jumps on upgraded valuations for Starling and Klarna

Chrysalis Investments has seen its share price rise by six percent after upping the valuation of fintech portfolio companies Starling and Klarna.

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Embedded banking startup Swan raises €44 million

French banking-as-a-service platform Swan has raised a further €44 million to support its EU expansion and product diversity strategy.

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PayPal Ventures co-leads $21 million investment in programmable ledger builder Formance

Formance, developer of an open source programmable ledger for financial flows, has closed on a $21 million Series A funding round co-led by PayPal Ventures and Portage Ventures, with participation from Y Combinator, Hoxton Ventures, and Axeleo Capital.

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AI chatbot developer Zaion raises €11 million

Zaion, a French provider of conversational AI for banking chatbots, has secured an €11 million fundraising round led by 115K, La Banque Postale's venture capital fund.

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Banco Sabadell offers customers real-time card payment geolocation

Banco Sabadell is using transaction enrichment technology from Snowdrop Solutions to enable its customers to accurately visualise the locations of their card transactions on a map, along with the merchant name and logo for clearer understanding.

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NAB scam warnings help Australians abandon suspect payments

National Australia Bank says customers abandoned A$48.5 million worth of payments in the past two months after getting scam warnings from the bank.

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BBVA on the hunt for 1100 new tech employees

BBVA has set a target of reaching 20,000 tech employees in 2025, with 1100 new hires in advanced technical roles up for grabs.

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Lloyds and NatWest close more branches

Lloyds Banking Group and NatWest have announced the closure of nearly 200 branches between them as the industry's retreat from the high street continues.

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Santander UK chair resigns amid speculation about bank's future

Santander UK chairman William Vereker is quitting his post as rumours swirl that the Spanish banking giant may be preparing for an exit from the UK.

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Trio sentenced for £380 per month crime-as-a-service operation

Three men have been sentenced for running a website enabling criminals to defraud victims by circumventing banking anti-fraud checks.

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Sustainable money app Zero goes live

Sustainable money app Zero is opening for investments on Crowd Cube as it begins the roll out of its debit card, personal current account, and app for climate-conscious consumers.