/inclusion
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.
24 January 2025
/sustainable
B2B assets platform Zumo has released a report from Davos on the industry’s readiness for the EU’s upcoming Markets in Crypto-Assets (MiCA) regulation, focusing on sustainability requirements.
/markets
American fintech Broadridge is ramping up it headcount in India as it bids to cash in on the emerging economic superpower's rapidly-growing potential customer base.
/payments
Method Financial has raised $41.5 million in Series B funding for its consumer-permissioned financial connectivity technology for fintech lenders.
/retail
DriveScore, a UK app that uses telematics to track how users drive to help them save on insurance, is moving into car finance.
Visa has made a strategic investment in Nigerian fintech behemoth Moniepoint. Terms were not disclosed.
/people
Fiserv has appointed former PNC Financial Services Group president Michael Lyons as president and CEO-elect, replacing Frank Bisignano, who is joining the Trump administration.
23 January 2025
/security
PayPal will pay $2 million to settle New York State charges that cybersecurity failures at the firm led to customers' social security numbers being exposed.
The Dutch government has moved to stop the spread of buy now, pay later services onto the high street, asking Klarna to reconsider its plans to move into physical stores.
The next steps for open banking in the UK will include a new independent company to drive forward variable recurring payments.
HSBC has shut down Zing, the currency conversion app that was intended to provide a viable competitor to money transfer behemoth Wise.
Swedish B2B open banking platform, Open Payments, has raised €3 million in a funding round led by Alfvén & Didrikson, with participation from Industrifonden and other existing investors.
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