/people
Lloyds Banking Group is reviewing staff performance metrics with the aim of axing chronic underperformers.
04 September 2025
/retail
JPmorgan Chase is to launch its retail digital bank in Germany next year.
/cloud
Revolut has signed a multi-year, multi-million dollar deal with Google Cloud to drive global growth.
/crypto
Boerse Stuttgart is rolling out Seturion, a pan-European, blockchain-based platform for the settlement of tokenized assets, within and across national borders.
Digital assets operations platform Utila has closed a $22 million Series A extension round, tripling its valuation in just six months as the stablecoin boom continues.
/ai
Lloyds’ Financial Institutions Sentiment Survey finds that UK financial firms are doubling down on AI as producivity surges.
/startups
Pave Finance, a provider of AI-powered, institutional-grade, personalised wealth management software, has raised $14 million in seed funding.
/markets
BT is offloading its financial information business Radianz to Transaction Network Services (TNS).
Mexico City-based AI-powered platform for small and medium-sized businesses (SMBs) Kapital has raised up to $100 million in a Series C funding round that doubles the firm's valuation to $1.3 billion.
03 September 2025
/payments
Business payments outfit Airwallex is pitching itself directly against Stripe Billing through the acquisition of billing platform OpenPay. Financial terms of the deal were not disclosed.
PayPal Ventures has led an $18 million funding round in Kite, a company building the trust infrastructure for AI-generated autonomous payments.
Research from UK ATM network Link reveals that fewer than half of UK adults carry a physical wallet as part of their day to day routine.
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