Latest news headlines: Finextra Research

UK fintech market investment declines by 37%

Despite a brutal slowdown, the UK market for fintech investment has retained second place globally behind the US, according to the annual marekt barometer from Innovate Finance.

09 January 2025

/people

US WealthTech Orion hires Arun Anur as COO

US WealthTech Orion has appointed fintech veteran Arun Anur as chief operating officer.

09 January 2025

/payments

JPMorgan files suits over Viva Wallet dispute

JPMorgan Chase has filed new lawsuits in the UK and Greece connected to its investment in fintech Viva Wallet.

09 January 2025

/regulation

Latin American payments platform dLocal wins UK licence

Latin American cross-border payments platform dLocal is expanding in the UK after securing an authorised payment institution licence from the FCA.

09 January 2025

/retail

TransUnion to acquire Monevo

Credit bureau TransUnion is to acquire UK-based Monevo, a provider of loan prequalification data for banks to deliver personalised offers to consumers via comparison websites and other third parties.

09 January 2025

/sustainable

How ethical guidelines can improve climate research

For a while now, the financial services industry has understood its role within climate intervention. As a result, companies across the world in the financial sector have looked to become funders and to develop their ESG regulations, quickly and immediately. Yet in the speed to be compliant and sustainable, ethics can become lost from the conversation.

08 January 2025

/regulation

CFPB sues Experian over "sham investigations" into consumer disputes

The Consumer Financial Protection Bureau (CFPB) has sued credit reporting agency Experian for unlawfully failing to properly investigate consumer disputes and showing uncritical deferrence to institutional submissions.

08 January 2025

/payments

Nomupay raises $37 million to open access to Asian markets

Dublin-headquartered Nomupay has completed a third investment round of $37 million at a $200 million valuation, bolstering the firm’s ambition to provide an all access pass to the highly fragmented Asian market to international acquirers, merchants, Payment Service Providers and Independent Sales Organisations.

08 January 2025

/ai

Monzo co-founder prepares for new era of AI-based self-driving startups

Imagine a company with no human staff, founded and run solely by an AI agent. It sounds like the stuff of sci-fi, but this is a vision of the future that former Monzo co-founder Jonas Templestein is now working to bring into existance.

08 January 2025