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/markets

Robinhood unveils fund to give retail investors access to private markets

Trading app Robinhood is launching a fund designed to give retail investors access to private markets.

/crime

Fraud prevention platform Seon raises $80m

Fraud prevention and AML compliance specialist Seon has raised $80 million in a series C funding round led by Sixth Street Growth.

/ai

Google unveils Agent Payments Protocol to power AI commerce

Google has unveiled an open protocol designed to serve as the foundation needed to enable AI agents to transact payments on behalf of users and merchants.

/payments

Zelle says 0.02% of transactions result in fraud or scam report

As it faces up to a lawsuit from New York's attorney general for allegedly failing to protect users from "massive amounts of fraud," bank-backed P2P payments service Zelle has gone on the offensive, insisting that just 0.02% of all transactions result in a report of fraud or scam.

/payments

Klarna to appear on Apple Pay for instore payments

Klarna is to provide Apple Pay users with access to BNPL loans at instore checkouts in the UK and US.

/payments

Plaid to pay JPMorgan for access to customer data

Plaid has caved into demands by JPMorgan to pay for access to customer data, after the US bank accused aggregator firms of ‘massively taxing’ its systems with unnecessary pings.

/payments

Lloyds' customers deposit over £1 million at PayPoint stores in first month

Customers of Lloyds bank have deposited over £1 million with PayPoint's BankLocal service within a month of the app-based cash deposit feature going live.

/crypto

MoonPay adds ex-PayPal execs through Meso acquisition

Crypto payments firm MoonPay has acquired Meso, a startup founded by former PayPal executives to bridge traditional finance and digital assets. Financial terms of the deal were not disclosed.

/payments

PayPal lets users send money and crypto via P2P links

PayPal users can now send and receive money through a personalised, one-time link sent over text, email, direct message, or chat.

/retail

Saudi fintech Hala raises $157m

Hala, a Saudi Arabian fintech that provides embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B funding round.

/payments

SumUp eyes public listing next year

UK card reader SumUp has reportedly called in investment bankers to measure demand for a potential IPO that could value it at £15 billion.

/regulation

Bank of England proposals to cap stablecoin holdings draws fire

The Bank of England has come under fire for proposals to impose strict caps on the value of stablecoins that individuals and companies can hold.