/wholesale
Accounting, admin, and banking software platform Ageras has made its eighth acquisition in Dutch payroll company Employes.
11 July 2025
/regulation
Over 1600 websites suspected of promoting financial services without permission were suspended, removed or blocked in 2024 because of the UK's Financial Conduct Authority.
/startups
Propel Venture Partners, the BBVA-backed seed-stage venture firm targeting fintechs, has closed a $100 million fund.
/ai
Nationwide Building Society has enlisted Microsoft and Accenture for an AI-powered overhaul of its cybersecurity operations.
/payments
A US judge has dismissed a lawsuit accusing Apple, Visa and Mastercard of conspiring to suppress competition in the market for point-of-sale payment card services, according to Reuters.
10 July 2025
Deutsche Bank has gone live with Swift’s new API-driven Instant Cash Reporting (ICR) tool for accessing real-time account and balance information with a single, standardised connection.
/wealth
Alternative investment platform iCapital has raised over $820 million at a valuation of more than $7.5 billion.
/crypto
Ant International, is evaluating the possibility of applying for stablecoin licenses in several countries, according to comments made during the Reuters Next Conference in Singapore.
/retail
Revolut is looking to raise a new funding round that would give it a $65 billion valuation, according to the Financial Times.
US fintech Alpaca is to acquire the UK's WealthKernel, a provider of digital investment infrastructure and tax-advantaged products for businesses.
Money transfer giant Wise has been hit with a $4.2 million fine from multiple US state regulators over deficiencies in its anti-money laundering controls.
Project Acacia, a joint initiative between the Reserve Bank of Australia and Digital Finance Cooperative Research Centre (DFCRC), has selected 14 participants to undertake trials of tokenised asset settlement in financial markets.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.