Latest news headlines: Finextra Research

Wealthtech Clove emerges from stealth with $14m in funding

Clove, a UK wealth management startup co-founded by the former boss of fintech unicorn Paddle, has emerged from stealth with $14 million in pre-seed funding.

15 October 2025

/crypto

Coinbase invests in India's CoinDCX

Coinbase is targeting India and the Middle East after investing in Mumbai-based crypto exchange CoinDCX at a $2.45 billion post-money valuation.

15 October 2025

/ai

BoE to prioritise AI, DLT and quantum computing in tech strategy

The Bank of England (BoE) intends to prioritise AI, DLT, and quantum computing as the three "cross-cutting technologies" with the most potential for "transformative outcomes".

15 October 2025

/ai

Allianz UK appoints first head of AI

German insurer Allianz has named Mansoor Reehana as its first ever head of AI.

15 October 2025

/ai

SBS shakes off legacy label, positions itself at the forefront of fintech

Opening their 5th SBS Summit, delivered from a venue close to the Eiffel Tower in Paris, Eric Bierry, CEO, SBS and deputy CEO, 74Software set the tone for a day of future-forward discussions, seeking to leave behind a former perception of being a dated legacy player.

15 October 2025

/regulation

Lunar becomes first provider in Scandinavia to get MiCA crypto license

Nordic challenger bank Lunar has become the first provider in the region to secure a crypto license under the EU’s MiCA regulation.

15 October 2025

/retail

Monzo adds built-in tax filing tool

UK digital bank Monzo has rolled out a tool that lets sole traders and landlords file taxes directly to HMRC from their business account.

15 October 2025

/ai

Visa launches Trusted Agent Protocol for AI commerce

Visa has become the latest firm to introduce a protocol designed to act as a foundational framework needed to enable AI agents to transact payments on behalf of users and merchants.

14 October 2025

/regulation

FCA sets out plan to back tokenisation of investment funds

The UK's Financial Conduct Authority (FCA) has set out plans to support tokenisation in asset management, arguing that the technology can drive innovation and growth in the sector.

14 October 2025

/regulation

Revolut faces further UK license delays; acquires AI travel agent

Revolut is reportedly facing further delays in securing a full UK banking licence because of regulators' concerns over the fintech's risk controls relating to cross-border payment. Separately, the firm has acquired an AI travel agent incubated at an innovation hub run by airline Lufthansa.

14 October 2025

/wealth

SS&C completes $1bn acquisition of Calastone

Investor services technology provider SS&C Technologies has finalised its purchase of funds processing network Calastone, concluding one of the largest deals between investment management technology firms in recent years.

14 October 2025

/startups

UK venture funding reaches multi-year high

Startups and scaleups based in the UK secured more than $9bn in venture capital funding in Q3, making it the second-highest quarterly funding total on record.

14 October 2025