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/payments

Yup raises $32m for Southeast Asian digital bank

Southeast Asian digital bank digital bank Yup has raised $32 million to build the region's version of Brazilian giant Nubank.

/retail

Monzo to consider reapplying for US banking licence - FT

UK-based neobank Monzo is reportedly set to resume its effort to break into the US banking sector.

/people

Indian banks make CEO appointments

Two major Indian banks have respectively appointed new chief executives.

/startups

Ukrainian fintech reaches unicorn status

Ukraine's financial services market is celebrating another unicorn after Fintech-IT Group, the tech company behind the one of the country's most popular online banking service, received an investment to push its valuation beyond $1bn.

/security

Cybersecurity concerns on the rise for consumers

A majority of consumers believe it is harder to secure their information on digital platforms than their physical homes, according to recently published research.

/crypto

Walmart's OnePay to add crypto services

Walmart-backed fintech OnePay is working with Zerohash to bring cryptocurrency trading and custody to its app, according to CNBC.

/ai

Feedzai hits $2bn valuation

AI-based financial crime detection platform Feedzai has hit a $2 billion valuation off the back of a $75 million funding round.

/sustainable

Net Zero Banking Alliance shuts down

Following a wave of defections from major banks, the Net Zero Banking Alliance says it is shutting down immediately.

/crypto

Samsung brings Coinbase crypto services to 75m Galaxy phone owners

Samsung is offering the 75 million Galaxy phone owners in the US three months of free access to Coinbase One membership.

/markets

Teylor secures €150m from Fasanara Capital to accelerate pan-European SME financing expansion

The strategic partnership with the London-based asset manager will support the expansion of Teylor’s factoring business in seven European countries and establish a pan-European financing vehicle.

/crypto

ECB taps Italian tech firms Almaviva and Fabrick to build digital euro app and infrastructure

The digital euro, issued and backed by the Eurosystem, aims to complement cash, enhance financial inclusion, and bolster Europe’s monetary sovereignty. The initiative is also seen as a strategic move to strengthen the EU’s technological autonomy and resilience against cyber threats and technical disruptions.

/Sibos

Sibos 2025: BBH’s Adrian Whelan on overcoming obstacles in ESG and DEI policy

At Sibos 2025 in Frankfurt, Finextra spoke to Adrian Whelan, global head of market intelligence at Brown Brothers Harriman (BBH), on data scarcity, environmental, social, and governance (ESG) investing, how the industry is handling diversity and inclusion in the current political landscape.