/payments
Berlin-based payment software company Payrails has raised $32 million in Series A funding
12 June 2025
/crypto
Payments giant Stripe is acquiring crypto wallet infrastructure startup Privy for an undisclosed fee.
PayPal is hoping to strengthen the utility of its stablecoin by making it available on the high-speed, low-cost Stellar blockchain network.
Brazilian fintech Matera is joining forces with Circle to turn stablecoins into a payment method integrated into banks' core systems.
/people
NatWest has appointed Dr Maja Pantic as its first chief AI research officer.
11 June 2025
OpenTrade, a provider of yield-bearing stablecoin products for fintechs, has raised $7 million in funding led by Notion Capital and Mercury Fund, with participation from existing investors AlbionVC, a16z crypto, and CMCC Global.
/retail
NatWest has announced another 52 branches will shut this year, bringing the banking group's total planned closures to 105.
Norway's Consumer Council has referred Klarna to the country's Consumer Authority over an alleged failure to provide clear details about interest paid on its buy now, pay later products.
/startups
Barclays has opened a new innovation hub in London, working with a range of partners from across the tech industry – including Microsoft and Nvidia.
/security
Four industry trade associations have called for significant reforms to how federal financial regulators handle sensitive data following a data breach at the Office of the Comproller of the Currency that exposed over 148,000 private correspondences containing sensitive supervisory information about US financial institutions.
/ai
Starling Bank is putting Generative AI into the hands of its customers with the roll out of a new 'Spending Intelligence' Large Language Model that customers can interrogate to get insights into their spending habits.
10 June 2025
Australian Payments Plus (AP+) has selected Giesecke+Devrient (G+D) to develop eftpos Click to Pay with integrated least-cost routing (LCR), a project that is billed as a world first for online debit card payments.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.