/wholesale
Swedish embedded finance player Froda has secured €20 million in Series B financing to fuel its European expansion and provide more SMEs with financing.
23 April 2025
/sustainable
The former head of fintech at Tesla has secured $17 million in investment for his rebranded climate-friendly consumer banking and investing outfit.
/startups
Mastercard has joined a $12 million Seires A funding round in Australian financial comparison site WeMoney.
/retail
Standard Chartered's venture arm has sold its incubated startup Solv to Indian B2B commerce marketplace Jumbotail.
/payments
Embedded payroll infrastructure provider Salsa has raised $20 million in a Series A funding round led by Altos Ventures.
22 April 2025
Latin American accounts receivable SaaS platform Toku has raised $48 million in a Series A funding round led by Oak HC/FT.
/regulation
The Federal Deposit Insurance Corporation (FDIC) has ordered Discover Bank to return more than $1.2 billion to merchants that were overcharged on swipe fees and pay a $150 million civil money penalty.
Stablecoin platform Circle is working with Standard Chartered, Deutsche Bank, Société Générale and Santander to build a cross-border payment network to rival Swift.
/ai
10x Banking has unveiled a suite of new AI capabilities being integrated into its meta core to accelerate banking transformation, improve operational efficiency, and enhance decision-making for banks.
Investing.com, a provider of financial news, tools and data to retail investors, has launched an AI-driven researcher called WarrenAI.
21 April 2025
BNY has boosted its compliance monitoring by rolling out Behavox's AI-powered electronic and voice communication surveillance system.
18 April 2025
The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, have commenced a procurement exercise to appoint a technical network operator.
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