clear
clear

/markets

Klarna considers autumn IPO revival

After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.

/sustainable

Barclays follows HSBC out of the Net Zero Banking Alliance

Barclays has followed HSBC in withdrawing from the Net Zero Banking Alliance (NZBA), claiming that the departure of a host of other global lenders means the organisation "no longer has the membership to support our transition".

/crime

EBA warns of money laundering risk in fintech sector

The ongoing digitalisation of financial services has increased the risk of money laundering (ML) and terrorist financing (TF), according to the European Banking Authority (EBA).

/crypto

Hong Kong to issue first stablecoin licences in early 2026

Hong Kong's financial regulator has stated that the first stablecoin licences will not be issued this year despite the fact its stablecoin legislation has taken effect as of today.

/people

Atom Bank restructures tech leadership team

UK-based Atom Bank has announced a series of changes to its technology senior leadership team, including a chief of staff and a new AI and data science team.

/people

Citi taps ex-JP Morgan exec for tech role

Citi has named former JP Morgan executive Pankaj Goel as the co-lead of its technology investment banking team.

/retail

Brazil's QI Tech hunts acquisitions after $63m raise

Brazilian financial infrastructure fintech QI Tech has raised $63 million in a Series B extension funding led by General Atlantic.

/crypto

Visa adds settlement support for more stablecoins

Visa is expanding its backing for stablecoins, adding settlement support for three more coins as well two new blockchains.

/payments

Payroc agrees to buy BlueSnap

North American merchant acquirer and payment technology provider Payroc has agreed to acquire payment orchestration and AR automation platform BlueSnap. Financial terms were not disclosed.

/startups

Revolut alumnus extends Seed round to €6.3 million to grow payments network

Due, a payment startup founded by Revolut alumni, has extended its Seed round to €6.3 million to launch a new API platform encompassing stablecoin payments.

/retail

Starling revaluation jump starts shares in Chrysalis

Shares in growth capital fund Chrysalis jumped by 10% on a significantly upgraded valuation of portfolio company Starling Bank.

/regulation

FCA seeks improvement to digital loan processes

The UK's Financial Conduct Authority has called for improvements in digital loans processes to help people better understand what they're signing up for.