/payments
Dutch in-person payment startup Klearly has raised a €6 million seed round to expand into new European markets.
6 hours
/crypto
Stablecoins are going mainstream and could grow to rival credit and debit cards, predicts a payments expert at the Atlanta Fed.
11 hours
/ai
Nevermined, a startup building payments infrastructure for AI-to-AI transactions, has raised $4 million in funding.
The Bank of England and New York's Department of Financial Services have reached a resource sharing agreement involving the exchange of senior staff with expertise in emerging payments and digital assets.
Italian bank Intesa Sanpaolo has made its first cryptocurrency purchase, buying 1 million euros worth of bitcoin.
17 hours
JP Morgan has unveiled two proprietary biometric-enabled in-store payment terminals that will be offered to retailers later this year.
21 hours
/wealth
Revolut is planning to move into the private banking market, expanding its service suite beyond the retail sector to cater for the needs of high net worth individuals.
14 January 2025
The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.
LemFi, a financial services platform for immigrant communities, has raised $53 million in a Series B funding round led by Highland Capital.
Swiss digital asset banking firm Sygnum has achieved unicorn status on a $58 million funding round.
/retail
Manchester-based Intelligent Lending has acquired credit scoring and personal finance app TotallyMoney.
/regulation
Robinhood is to pay $45 million to settle a range of SEC charges against its brokerage operations.
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