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The UK fintech sector experienced a 44% surge in job vacancies in 2024, driven by venture capital investment and AI, according to a report for recruiter Morgan McKinley.
31 January 2025
Cross-border stablecoin payments platform Cedar Money has raised $9.9 million in a seed funding round led by QED Investors.
30 January 2025
French banking-as-a-service platform Swan has raised a further €44 million to support its EU expansion and product diversity strategy.
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.
BBVA has set a target of reaching 20,000 tech employees in 2025, with 1100 new hires in advanced technical roles up for grabs.
Irish fintech Swoop has secured a $6 million investment from Sandbox Industries to fund its expansion in the US market.
The governor of the Czech National Bank has floated the idea of holding billions of dollars worth of bitcoin in its reserves.
29 January 2025
London-based open banking fintech Yavrio has raised $2.4 million in seed funding to bring embedded banking to the enterprise resource planning (ERP) space.
With UK businesses anticipating a tough 2025, spend management platform Pleo is entering the treasury space with a new cash management offering.
Business travel platform TravelPerk has raised $200 million and acquired Swiss AI-powered spend management outfit Yokoy.
28 January 2025
Financial services firms are putting an emphasis on active human oversight for model training, interpretation and sensitive decision-making as they begin the roll out of generative AI across their businesses, according to a report from UK Finance.
Bank of Ireland is to invest £100 million over the next three years to improve everyday banking products and services and expand its sustainable lending, mortgage, and broker offerings.
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