/startups
Monet, a financial cashflow startup targetting the creative industry sector, has secured an early-stage funding commitment of £17 million led by prominent UK banking executives ahead of closing its seed round this July.
22 July 2025
/payments
Swedish fintech Mynt has been selected by Nordea, the largest bank in the Nodics, to launch a business credit card and spend management service for small and medium-sized enterprises (SMEs) across Sweden, Norway, Denmark and Finland.
/crypto
The Bank of England is considering shelving plans for the creation of a digital pound amid growing scepticism over the project’s benefits.
The Serious Fraud Office has frozen equivalent to £10,865.76 in Bitcoin and £289.30 USDC belonging to Richard Yeowart, a suspect in its ongoing investigation into collapsed outside broadcast company Arena TV.
/ai
Nasdaq's anti-financial crime unit Verafin has launched a suite of agentic AI digital workers built to help banks with anti-money laundering compliance by automating low-value, high-volume processes.
21 July 2025
Shares in Block rose on Monday as the Jack Dorsey-founded fintech joined the benchmark S&P 500 index.
/wealth
Monzo is to migrate its investment and pension product portfolio to Octopus-owned embedded investment platform Seccl.
CaixaBank has launched a generative AI-based agent to help users of it mobile banking application learn details about products, compare the different available options, and choose which one best suits their needs.
The European Central Bank is accelerating work on a digital euro to keep up with the "ambitious pace" set by EU leaders as the project's urgency increases in the face of geopolitical challenges including an increasingly hostile United States under Donald Trump.
Crypto platform Coinbase has rebranded its Wallet app as Base, consolidating payments, trading, chat and social features into a single, blockchain-based 'superapp'.
18 July 2025
Visa and Mastercard are facing another multi-billion pound UK class action lawsuit for allegedly unlawful interchange fees.
This week, the US House of Representatives also passed the Clarity Act and Anti-CBDC Surveillance State Act.
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