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Shift4 agrees $180 million deal for Smartpay

/payments

Shift4 agrees $180 million deal for Smartpay

Shift4 is continuing its acquisition spree, agreeing a US$180 million deal to take over Australian and NZ point-of-sale provider Smartpay.

Revolut's Storonsky in line for whopping bonus if firm triples valuation

/retail

Revolut's Storonsky in line for whopping bonus if firm triples valuation

Revolut boss Nik Storonsky coud be in for an Elon Musk-style payday if the British fintech firm triples its valuation to $150 billion.

Dutch fintech Finom secures €115 million in Series C funding

/wholesale

Dutch fintech Finom secures €115 million in Series C funding

Finom, the Amsterdam-based financial management platform for SMEs and freelancers, has closed a €115 million Series C funding round led by AVP, with participation from new investor Headline Growth and existing investors General Catalyst, Northzone, and Cogito Capital.

Stackup raises $4.2m to streamline ops for crypto firms

/startups

Stackup raises $4.2m to streamline ops for crypto firms

Stackup, a digital asset management platform designed to help crypto businesses streamline their operations, has secured $4.2 million in seed funding.

X to offer trading services soon, claims CEO

/markets

X to offer trading services soon, claims CEO

Social media app X will roll out investing and trading services "soon" and is also pondering its own debit or credit card, claims CEO Linda Yaccarino.

World Bank calls for "radical" restructuring of national debt reporting in new report

/markets

World Bank calls for "radical" restructuring of national debt reporting in new report

The World Bank released a report outlining how countries should redefine how they disclose debt due to more complexity in the current financing environment.

NAB charged $751,000 in penalties for breaching consumer data protection rules

/retail

NAB charged $751,000 in penalties for breaching consumer data protection rules

National Australia Bank (NAB) has paid A$751,000 in penalties after being issued four infringement notices from the Australian Competition and Consumer Commission (ACCC) for not complying with the Consumer Data Right (CDR) Rules.

UK launches Smart Data Group to bring benefits of open banking to more sectors

/retail

UK launches Smart Data Group to bring benefits of open banking to more sectors

The UK is looking to build on the success of open banking through the launch of a government-backed, industry-led Smart Data Group designed to unlock £28 billion in economic value across a variety of sectors.

Coinbase launches stablecoin payments service

/crypto

Coinbase launches stablecoin payments service

Coinbase has launched a stablecoin payments stack to make it easier for online merchants around the world to accept USDC.

Payment infrastructure startup Polar raises $10 million

/startups

Payment infrastructure startup Polar raises $10 million

Polar, a fintech startup building payment infrastructure for AI-native SaaS companies, has raised a $10 million Seed round.

Visa says every institution that moves money will need a stablecoin strategy

/crypto

Visa says every institution that moves money will need a stablecoin strategy

Visa is upping it game in the stablecoin market, expanding its settlement capabilities in the Europe, Middle East, and Africa (CEMEA) region to enable USD cross-border transactions through blockchain technology.

Cube buys AI operational risk provider Acin

/ai

Cube buys AI operational risk provider Acin

London-based RegTech Cube has acquired operational risk AI and technology provider Acin. Financial terms were not disclosed.

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