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HSBC joins $51m funding round for immigrant neobank Zolve

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HSBC joins $51m funding round for immigrant neobank Zolve

Zolve, a neobank for immigrants to the US is planning international growth after securing $51 million in a Series B funding round led by Creaegis and joined by HSBC.

Bank of Israel unveils design of possible digital shekel

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Bank of Israel unveils design of possible digital shekel

The Bank of Israel is inviting feedback on a newly-published high-level design for a potential digital shekel.

JPMorgan Chase invests in FairPlay

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JPMorgan Chase invests in FairPlay

JPMorgan Chase has joined a $10 million investment round in FairPlay, a "Fairness-as-a-Service" company using AI fairness techniques to reduce algorithmic bias in lending.

Lloyds hires Amazon exec to head up mortgages division

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Lloyds hires Amazon exec to head up mortgages division

A former technology head at Amazon has been hired by UK high street bank Lloyds to lead the digitisation of the bank's revamped mortgage division

Asia to dominate global fintech market – report

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Asia to dominate global fintech market – report

Asia could account for almost half of global fintech transactions by the end of the year as it continues to outpace other regions, according to recently published research.

Pomelo combines US consumer credit with international money transfer to Philippines

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Pomelo combines US consumer credit with international money transfer to Philippines

Pomelo's partnership with Mastercard and Coastal Community Bank enables US immigrant customers to use and build credit while supporting family and friends overseas.

Robinhood helping UK investors gain easier access to US markets

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Robinhood helping UK investors gain easier access to US markets

Investors across the world want ease and access to the best, most rewarding investments without encountering too many obstacles. Except, for the UK investor, access to US markets can come with a host of complications. Robinhood, an American trading and investment app, sought to solve that.

Davos: SC Ventures, Yabx invest $10m in purpose-driven lending platform Furaha

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Davos: SC Ventures, Yabx invest $10m in purpose-driven lending platform Furaha

Standard Chartered’s innovation, fintech investment and ventures arm and Yabx Technologies, a Tech Mahindra group company, have signed a set of agreements to formalise their joint investment in Furaha.

Visa invests in Nigeria's Moniepoint

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Visa invests in Nigeria's Moniepoint

Visa has made a strategic investment in Nigerian fintech behemoth Moniepoint. Terms were not disclosed.

Fintechs urged to embrace accessibility

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Fintechs urged to embrace accessibility

As the June 2025 deadline for the European Accessibility Act approaches, design agency Nexer Digital has launched a new campaign, 'I Matter Too', to raise awareness about the importance of inclusive online experiences in the fintech sector.

Finextra's year in review

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Finextra's year in review

With 2024 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.

PalmPay and Jumia partner to develop Nigerian digital payment ecosystem

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PalmPay and Jumia partner to develop Nigerian digital payment ecosystem

In an attempt to grow the use of the cashless economy, operator of Nigeria's most used mobile wallet PalmPay has partnered with African e-commerce giant Jumia.

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