Latest news headlines: Finextra Research

Tensec raises $12m to become Stripe for global trade

Tensec, a startup founded by ex-Rapyd, Meta, and Goldman Sachs executives, has raised $12 million in seed funding to take on the $190 trillion B2B cross-border payments market.

23 mins

/payments

Klarna offers users mobile plans

Klarna is the latest financial services provider to enter the mobile market, working with Telecom-as-a-Service platform Gigs to launch a phone plan in a host of major markets, beginning with the US.

2 hours

/security

UBS employee details leaked in cyberattack on data provider Chain IQ

Swiss bank UBS has fallen victim to a cyberattack at a vendor that leaked the personal details of tens of thousands of employees.

4 hours

/payments

JPMorgan rises to stablecoin challenge with roll out of deposit token

JPmorgan's response to the rising interest in stablecoins is to launch its own rival token, called JPMD.

5 hours

/payments

Payabli raises $28M Series B

Embedded payments platform Payabli has closed on a $28 million Series B funding round.

6 hours

/security

Bank of England accused of 'blundering' to security disaster as hundreds of laptops go missing

The Bank of England has been castigated for losing hundreds of laptops and phones amid an escalating cyber threat.

6 hours

/retail

Frich launches tool that estimates anyone’s salary from Instagram posts

Gen Z-focused social finance app Frich has rolled out an AI-powered "financial reality check" feature that claims to reveal what people earn based on their Instagram profiles.

10 hours

/payments

Payments platform Unzer joins EPI for Wero wallet push

Berlin-based payments platform for SMEs Unzer has joined the European Payments Initiative (EPI) to support the roll out of the Wero digital wallet.

15 hours

/regulation

Paddle to pay $5m to settle FTC tech support scam claims

UK Fintech Paddle will pay $5 million to settle US allegations of unfair payment processing practices.

17 June 2025

/payments

Ramp aiming for $16 billion valuation on $200 million fund raise

Expense management startup Ramp is in discussions to raise around $200 million in a round of funding that would lift its valuation to about $16 billion.

17 June 2025

/startups

London fintech for immigrant communities Aspora raises $53 million

London fintech Aspora has raised $53 million in Series B funding, furthering its mission to build a financial ecosystem tailored to the unique needs of diaspora communities.

17 June 2025

/startups

Fintech sector braces for wave of M&A

After more than a decade of growth and hundreds of funded companies, European fintech is no longer a startup story — and the stage is set for a wave of strategic acquisitions over the next two to three years according to Victor Basta, managing partner at investment bank Artis Partners.

17 June 2025