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Fintech startup Wyzr wins £400,000 from NatWest's Dragons Den

/startups

Fintech startup Wyzr wins £400,000 from NatWest's Dragons Den

Wyzr, a fintech startup developing an AI CFO product for small businesses, has raised £400,000 from a Dragon's Den-style pitch event held by NatWest.

Visa and Mastercard face multi-billion pound lawsuit over interchange fees

/payments

Visa and Mastercard face multi-billion pound lawsuit over interchange fees

Commercial litigation firm Harcus Parker is reaching the final stages of preparation for commencement of a multi-billion pound class action lawsuit over interchange fees charged by Mastercard and Visa.

Visa and DealMe team on cross-border instalment payments

/payments

Visa and DealMe team on cross-border instalment payments

Visa has joined forces with fintech DealMe to let Vietnamese shoppers visiting South Korean pay for purchases using card instalment payments.

Trump orders evaluation of national crypto stockpile; prohibits CBDC work

/crypto

Trump orders evaluation of national crypto stockpile; prohibits CBDC work

President Donald Trump has established a working group on digital assets that will investigate the development of a federal regulatory framework for crypto and evaluate the creation of a national digital asset stockpile.

The Bank of London fails to file accounts

/regulation

The Bank of London fails to file accounts

Following months of turmoil, The Bank of London has failed to file its accounts for 2023 on time.

Are passkeys the future of payment authentication?

/identity

Are passkeys the future of payment authentication?

As the internet has developed, many of us have become reliant on a varying amount of passwords but our dependence on passwords has given way to just as many security risks. As such, the industry is beginning to turn to passkeys as a new promise of security and ease.

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

/inclusion

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.

Davos: Zumo releases MiCA readiness report

/sustainable

Davos: Zumo releases MiCA readiness report

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.

Broadridge preps India hiring spree

/markets

Broadridge preps India hiring spree

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.

Method raises $41.5m to expand financial account connectivity

/payments

Method raises $41.5m to expand financial account connectivity

Method Financial has raised $41.5 million in Series B funding for its consumer-permissioned financial connectivity technology for fintech lenders.

DriveScore helps good drivers get cheaper car finance

/retail

DriveScore helps good drivers get cheaper car finance

DriveScore, a UK app that uses telematics to track how users drive to help them save on insurance, is moving into car finance.

Visa invests in Nigeria's Moniepoint

/inclusion

Visa invests in Nigeria's Moniepoint

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

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