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Fifth Third buys cash management outfit DTS Connex

/wholesale

Fifth Third buys cash management outfit DTS Connex

US bank Fifth Third has moved to scale its cash management operations through the acquisition of DTS Connex. Terms were not disclosed.

Japanese startup to issue first yen-denominated stablecoin

/payments

Japanese startup to issue first yen-denominated stablecoin

Japanese fintech company JPYC Inc. is to start issuing the country's first stablecoin as early as this autumn.

Zopa marketing stunt invites consumers to bite into Biscuit

/retail

Zopa marketing stunt invites consumers to bite into Biscuit

Zopa Bank is promoting its interest-earning current account Biscuit by parading a giant box of biscuits through London, encouraging people to check the value of their account.

United Fintech appoints Rupsa Mukherjee as head of M&A

/people

United Fintech appoints Rupsa Mukherjee as head of M&A

United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors, is preparing for a new wave of M&A activity with the appointment of Deutsche Bank's Rupsa Mukherjee as head of mergers and acquisitions.

Wyoming launches stablecoin

/crypto

Wyoming launches stablecoin

The US state of Wyoming has launched its own US dollar-pegged stablecoin that can be used for real-world payments.

Turkish investment app Midas raises $80m

/wealth

Turkish investment app Midas raises $80m

Istanbul-based retail investing startup Midas has raised $80 million in Series B funding led by QED Investors.

Casca raises $29m for AI-based loan origination platform

/ai

Casca raises $29m for AI-based loan origination platform

AI-native loan origination platform Casca has raised $29 million in a Series A funding round led by Canapi Ventures.

N26 co-founder Stalf leaves CEO role after investor row

/people

N26 co-founder Stalf leaves CEO role after investor row

N26 co-founder Valentin Stalf is stepping down as joint CEO of the German digital bank amid investor unrest over regulatory failings.

Blockchain lender Figure files for IPO

/retail

Blockchain lender Figure files for IPO

Blockchain-based lender Figure Technology has filed with the SEC for an initial public offering.

Santander introduces screen sharing detection technology

/security

Santander introduces screen sharing detection technology

Santander UK has introduced mobile app blurring to protect customers from scammers’ screen sharing technology.

Starling extends business banking suite with Ember acquisition

/wholesale

Starling extends business banking suite with Ember acquisition

Starling Bank has acquired accounting software firm Ember in an effort to extend its offering for the small business banking market.

Robinhood UK rolls out AI investing assistant to decode market movements

/ai

Robinhood UK rolls out AI investing assistant to decode market movements

Robinhood is rolling out an AI-powered investing assistant to help UK users interpret and navigate market movements.

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