Latest news headlines: Finextra Research

EC proposes 2027 migration to T+1

The European Commission is pushing ahead with a proposed legislative amendment that would see the EU migrate to a T+1 settlement cycle by October 2027.

1 hour

/ai

Stripe alumni raise $6m for AI-powered 'wealthcare'

Era, an AI-powered personal wealth management startup founded by Stripe alumni, has raised $6.2 million in seed funding co-led by MaC Venture Capital, Third Kind Venture Capital, and Protagonist.

3 hours

/security

Nordnet disables app after customers were logged into wrong accounts

Pan-Nordic investment platform Nordnet temporarily shut down its services for four hours on Tuesday after customers reported being able to access other users accounts.

4 hours

/payments

Affirm and FIS partner to let banks offer BNPL via debit cards

Affirm has joined forces with FIS to bring integrated BNPL capabilities directly to debit card issuers.

4 hours

/retail

Denmark's Netcompany to buy core banking vendor SDC

Danish IT services firm Netcompany has struck a deal to buy local banking tech outfit SDC for around $139 million.

5 hours

/startups

Berlin-based startup Integral raises €6.3 million

Integral, a Berlin-based startup providing accounting, taxation & payroll services for SMEs, has secured a €6.3m funding round led by General Catalyst, Cherry Ventures with participation from Puzzle Ventures and entrepreneurs across Europe.

9 hours

/crypto

Bitpanda gets FCA greenlight for UK expansion

European crypto platform Bitpanda has been granted approval by the Financial Conduct Authority to expand its operations in the UK.

9 hours

/payments

Tabby valuation more than doubles to $3.3 billion on $160 million investment round

UAE-based BNPL lender Tabby has raised $160 million in Series E funding at a $3.3 billion valuation ahead of an ancitpated IPO.

9 hours

/payments

Zeta grows valuation to $2 billion on $50 million funding round

Zeta, a next-gen banking tech provider to financial institutions globally, has secured a $50 million investment from an un-named investor valuing it at $2 billion.

18 hours