Latest news headlines: Finextra Research

KPay secures $55 million Series A

Singapore's KPay Group has completed its first institutional funding round, raising a record US$55 million, the largest Series A globally in the payments sector in 2024.

3 hours

/cloud

TP Icap to migrate 80% of technology infrastructure to Amazon Web Services

TP Icap has signed a major agreement with Amazon Web Services to streamline and scale the brokerage's technology infrastructure.

8 hours

/sustainable

La Banque Postale launches 'impact' bank card

La Banque Postale, in collaboration with WWF France, is the first traditional bank in France to launch an impact bank card where all deposits associated with the card will be used to finance the energy renovation of housing.

8 hours

/startups

Finextra and the Euro Banking Association invite startups to join the Fintech Zone

EBAday 2025, the annual summit hosted by the Euro Banking Association (EBA) and Finextra, has opened applications from fintech startups to join the Fintech Zone pitch contest.

9 hours

/retail

Digital banking platform Lumin Digital raises $160 million

Cloud-native digital banking platform Lumin Digital has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group.

17 hours

/ai

DBS builds GenAI bridge for SMEs

DBS in Singapore plans to reach out to 50,000 SMEs to equip them with GenAI tools and technology to help boost productivty

17 hours

/payments

Deel acquires Wise competitor Atlantic Money

Digital payroll vendor Deel has acquired Atlantic Money, a UK fintech startup set up to compete against money transfer giant Wise.

02 December 2024

/payments

ECB publishes second progress report on digital euro

The European Central Bank (ECB) has published its second progress report on the preparation phase of a digital euro, laying the foundations for the potential issuance of the CBDC.

02 December 2024

/crypto

Ripple joins Tenity DeFi fund

Swiss fintech incubator Tenity is expanding its focus on Decentralized Finance though an early-stage fund backing promising startups building blockchain-based services on Ripple's XRP ledger.

02 December 2024

/identity

UK marks progress on creating digital ID for businesses

A coalition of leading financial institutions and technology companies, led by the UK's Centre for Finance and Innovation Technology, has worked to design a digital company ID to make securing finance and conducting day-to-day business quicker and less vulnerable to fraud.

02 December 2024