ClearBank Onboards First Clients to T2 European Payments System
- 3 months 2 days ago
- Payments
ClearBank, the enabler of real-time clearing and embedded banking, today announced it has successfully onboarded its first European clients to the Eurosystem’s payment rail, T2. The fintech clearing bank welcomes OpenPayd, Pay Perform (which trades as Orbital), and Transact Payments, which will all benefit from real-time transactions in Euros.
2025 Fintech Pledge Coalition Publishes First Impact Report as It Reaches 57 Members and Achieves 70% of Campaign Objective
- 3 months 2 days ago
- FinTech StartUps
The 2025 Fintech Pledge , a campaign launched by Zopa Bank and ClearScore two years ago to improve consumers’ financial resilience, has today unveiled its first Impact Report .
Imprint Raises $75 Million Series C
- 3 months 2 days ago
- Fundraising News
Imprint, the leading provider of modern co-branded credit cards, today announced it has raised $75 million in a Series C financing led by Keith Rabois at Khosla Ventures, with participation from existing investors including Thrive Capital, Kleiner Perkins, and Ribbit Capital. This latest financing round elevates Imprint’s valuation to $600 million, reflecting its continued momentum following several recent partnerships with leading brands.
Lendbuzz Completes $262 Million Asset-Backed Securitization
- 3 months 2 days ago
- Fundraising News
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization (“LBZZ 2024-3”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
Citi and Mastercard Join Forces to Transform Global Cross-Border Payments
- 3 months 2 days ago
- Payments
Today, Citi and Mastercard announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Leveraging Citi’s WorldLink® Payment Services and Mastercard Move’s money transfer capabilities, Citi clients can make near-instant, full-value payments, with near 24/7 availability to consumers using their Mastercard debit card details.
Cytora and Kroll Ink Partnership to Provide Commercial Insurance Underwriters With New Insights Into Values and Risks
- 3 months 2 days ago
- Insurtech
Cytora, the leading digital risk processing platform, has partnered with the leading independent global risk and financial advisory solutions firm, Kroll.
Doconomy Announces Carbon Footprint Feature Launch Within Citibank Hong Kong’s Wealth360 App
- 3 months 2 days ago
- Infrastructure
Banked Gains Foothold on Australia’s Real-Time Payments Market With the Acquisition of Waave, Sparking Strategic Partnership With Chemist Warehouse
- 3 months 2 days ago
- Banking
In a landmark deal set to put the spotlight on the continued global adoption of real-time account-to-account payments, Banked, a leading global Pay by Bank provider, today announced its acquisition of Australian payment technology firm Waave.
Young People Face Growing Financial Anxiety Amid Rising Costs and Social Media Pressure
- 3 months 2 days ago
- Personal Finance
New research from Virgin Money reveals the importance of early financial education and positive money management habits.
Akur8 Has Been Selected by RSM to Bolster Their Insurance Pricing Process
- 3 months 2 days ago
- Insurtech
Akur8, the next generation insurance pricing and reserving solution powered by Transparent AI, is excited to announce its new collaboration with RSM US LLP (« RSM »), the leading provider of assurance, tax and consulting services for the middle market. RSM has used Akur8’s Reserving solution for several years and will now leverage Akur8’s Pricing solution (RISK, DEMAND and RATE modules) to provide enhanced actuarial services to its clients.
Wolters Kluwer Survey: AI Is Transforming the Office of the CFO; 70% of Finance Professionals Planning to Invest in AI Within the Next Five Years
- 3 months 3 days ago
- Artificial Intelligence
Wolters Kluwer, a global leader in information, software, and services for professionals, today published a new research report: AI in Finance, from Skepticism to Optimism. The report explores adoption and sentiment related to AI in corporate finance functions.
Farther Secures $72 Million Series C From CapitalG and Viewpoint Ventures to Continue Revolutionizing Wealth Management
- 3 months 3 days ago
- Fundraising News
Farther, the leading technology-centric financial advisory firm, closed a $72 million Series C funding round to expand its advisor network and enhance its wealth management platform. Co-led by CapitalG, the independent growth fund of Alphabet (Google’s parent company), and Viewpoint Ventures, this funding round elevates Farther’s post-money valuation to $542 million.
Chetwood Financial Rebrands as Chetwood Bank as It Launches Easy Access Savings Account
- 3 months 3 days ago
- Banking
Chetwood Financial, the fully authorised UK digital bank, has today announced it is rebranding as Chetwood Bank, marking a new chapter in its mission to provide simple, effective financial products with a no nonsense approach to banking. The rebrand coincides with the launch of a new Easy Access savings account, which combines competitive rates with flexibility and convenience.
Surfin Raises US$12.5 Million From Insignia Ventures Partners
- 3 months 3 days ago
- Fundraising News
Surfin, a financial technology platform dedicated to serving the underserved middle class, has raised $12.5 million from Insignia Ventures Partners. This funding round comes as Surfin announces its service to 60 million individuals across eight countries on three continents, with approximately $2.7 billion in cumulative transactions.
Ripple Brings Bank-Grade Custody Solution to Crypto Businesses
- 3 months 3 days ago
- Cryptocurrencies
Today, Ripple, the leading provider of digital asset infrastructure, announced the launch of new features and functionality to
