Navro, the London-headquartered fintech that simplifies international payments for businesses, today announces a raise of $41m in Series-B funding to accelerate global expansion plans and connect more local payout and collection services worldwide. Jump Capital led the round with participation from Bain Capital Ventures, Motive Partners, and Unusual Ventures.
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Revolut, the global fintech with more than 50 million customers globally, has today announced that it is gearing up to launch Mobile Plans. Revolut’s monthly mobile plans will boast unlimited calls, texts and data at home and a 20GB roaming allowance across Europe and the US - all with a local phone number and no fixed contract commitments.
Standard Chartered (the Group) today announced the appointment of Noelle Eder as Group Head, Technology & Operations, subject to regulatory approval. Noelle will be reporting to Group Chief Executive, Bill Winters, and will be based in Singapore.
Kraken, one of the longest-standing, most liquid and secure cryptocurrency exchanges, today announced the launch of Kraken Embed, a new Crypto-as-a-Service (CaaS) solution for neobanks, fintechs, traditional banks to seamlessly provide clients with direct access to cryptocurrency.
Firms offering services for cryptoassets like Bitcoin and Ethereum will be subject to new, clear rules, boosting investor confidence and driving growth through the Plan for Change.
At a major summit in London to mark UK Fintech Week, the Chancellor revealed that the UK has published draft legislation for regulating cryptoassets – better protecting millions of people across Britain.
As the world races towards a cashless future, the sheer scale of digital transactions is skyrocketing, pushing payment systems to their limits.