Latest news headlines: Finextra Research

Zopa to launch current accounts following second profitable year

UK online-only bank Zopa has doubled its pre-tax profits in its second year of profitability.

1 hour

Standard Chartered becomes first bank to join the Temenos partner programme

Standard Chartered has embedded its FX API service on the Temenos Exchange ecosystem, becoming the first bank to join the core banking vendor's partner programme.

2 hours

/payments

Klarna seals BNPL deal with eBay in the US

Klarna has sealed a deal with eBay to roll out its flexible payment options to millions of shoppers across the US.

3 hours

/retail

Revolut juggernaut steams ahead; reports $1.4 billion in profits for FY24

Revolut has reported bumper growth for the full year 2024, driving pre-tax profits to $1.4 billion and net profit at $1 billion.

3 hours

/inclusion

Interledger Foundation backs projects to bolster money movement around the world

The Interledger Foundation has broken ground on a host of new projects in countries such as Pakistan, Uganda and Jamaica as it works towards its goal of creating an open, interoperable payment network.

5 hours

/retail

Fiserv to buy Brazilian fintech Money Money

Fiserv has agreed a deal to by Money Money, a Brazilian fintech providing working capital to small businesses. Financial terms were not disclosed.

13 hours

/ai

TD to open New York AI office

Canada's TD Bank is opening a New York outpost of its Layer 6 AI research and development centre.

13 hours

/payments

BIS project puts promissory notes on the blockchain

Project Promissa, a collaboration between the Bank for International Settlements' Innovation Hub, the Swiss National Bank, and the World Bank, has demonstrated that paper-based promissory notes can be redesigned using distributed ledger technology (DLT) to address operational challenges that make the process time-consuming and cumbersome.

13 hours

/payments

The 150 leading organisations confirmed to attend NextGen Nordics 2025

The Nordic region has long stood at the forefront of digital payments, open banking, and financial technology. This legacy of innovation continues at full pace with the return of NextGen Nordics, a premier event gathering the most influential players in the financial services ecosystem. Set against the dynamic backdrop of the Nordic fintech scene, the 2025 edition of NextGen Nordics on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden promises to be the most impactful yet.

23 April 2025

/cloud

Lloyds moves legacy lending infrastructure to the cloud

Lloyds Banking Group has shifted its lending infrastructure to the cloud, retiring more than 20 on-premises applications and resolving over 50 system limitations.

23 April 2025

/payments

B2B buy now, pay later app Hokodo raises €10 million

BNPL for business operator Hokodo has raised €10 million in an equity funding round co-led by Korelya Capital and Opera Tech Ventures - the corporate venture fund of BNP Paribas.

23 April 2025

/startups

Octopus Ventures to absorb Fintech Growth Fund

Octopus Ventures is reportedly preparing to take over the Fintech Growth Fund, a new funding vehicle for providing growth-stage capital to UK fintechs.

23 April 2025