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/payments

Cardless raises $60m

Embedded credit card platform Cardless has raised $60 million in a Series C growth round led by Spark Capital.

/regulation

EU to exclude Big Tech from financial data sharing system - FT

The European Union looks set to block Amazon, Apple, Google and Meta from accessing a new financial data sharing system, according to the Financial Times.

/crypto

Kaia and Line to launch stablecoin superapp

Two Asia-based fintechs, Line Next and Kaia, have launched what is described as a stablecoin superapp, designed to facilitate cross-border payments.

/inclusion

UK fintech Tide reaches unicorn status

A $120m investment led by asset manager TPG has seen the valuation of Tide, the UK-based business management platform, reach $1.5bn

/ai

Rekord raises $2.1m to power credit decisioning

Rekord, a Dublin-based startup building an AI-native orchestration platform for credit decisioning, has raised $2.1 million in pre-seed funding.

/payments

WhatsApp adds QR code payments to business app

Meta has added a QR code-based payments option to the WhatsApp Business App.

/retail

NatWest looks to sell workplace pension and savings app Cushon - report

NatWest is in talks to offload its 85% stake in Cushon, two years after spending £144 million for majority ownership of the workplace savings and pensions fintech, according to Sky News.

/ai

SoftBank Vision Fund lays off 20% of staff to make room for AI ambitions

Fintech venture capital firm, SoftBank Vision Fund, will be axing 20% of its staff in a push to boost AI investment.

/startups

Nvidia invests £2 billion into UK AI ecosystem including Revolut, Nscale - Bloomberg

Nvidia Corp has pledged £2 billion to fund AI innovation and development in the UK, investing in AI companies, fintech firms, and startups.

/crypto

Most traditional asset managers favouring centralised stablecoins

Growing from a market capitalisation of $130 billion to $280 billion since the end of 2023, Stablecoins continue to grow in relevance. Recent regulatory framework introductions have begun to go further and introduce their adoption within broader applications across traditional finance.

/inclusion

Kredete raises $22m to bring credit building and stablecoin-based remittances to African immigrants

Kredete has raised $22 million to help African immigrants in North America and Europe build credit and send remittances via stablecoin payments.

/wholesale

UK dominates European fintech funding

The UK accounted for more than half of European fintech venture funding in the first half of 2025, as the sector reached a point of maturity following a difficult couple of years, according to a Finch Capital report.