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Fintect Futures
26.03.2025
Workforce management platform Lumber raises $15.5 million in Series A funding to expand its fintech suite with agentic AI.
BMO Financial Group has appointed former JP Morgan Chase director Tony Sciarrino to lead its US commercial banking division.
Somalia has launched its first-ever instant payment system under the central bank's Somalia Payment Switch initiative.
Patriot National Bancorp is raising $50m through a series of securities purchase agreements, while its CEO has stepped down.
This new cartoon by Iantoons illustrates the difference between AI assistants and AI agents.
London-based 9fin has snapped up Bond Radar, an intelligence provider serving the global primary debt issuance markets, for an undisclosed sum.
Blockchain infrastructure firm Blockdaemon has entered into a binding agreement to acquire expand.network, its fifth acquisition since 2021.
UK credit unions are increasingly embracing fintech to modernise their tech stacks and product offerings to keep pace with tech innovation.
Basildon Credit Union (BCU) entered administration on 17 March 2025 and "has now stopped trading", according to a statement from the FCA.
Download this free PDF to explore the key takeaways from our recent webinar with AWS and NVIDIA discussing generative AI innovation.
MoonPay has secured a $200 million credit line from Galaxy, a digital asset-focused financial platform managing $5.7 billion in assets.
Indonesian digital telecommunications firm, Indosat Ooredoo Hutchison, has teamed up with Bank Saqu to boost financial inclusion in Indonesia.
EquiLend, a US-based securities lending platform, has named former board member Nick Delikaris as its new CPO, effective immediately.
PayU, the payments and fintech arm of Prosus, has acquired a 43.5% stake in Indian digital payments infrastructure provider Mindgate Solutions.
Kraken has agreed to acquire trading platform NinjaTrader for $1.5 billion, representing the "largest-ever deal combining TradFi and crypto".
Australia's Bank of Queensland has chosen Trade Ledger to digitise its asset finance lending operations, FinTech Futures can reveal.
Connecticut-based Bankwell Bank has named industry veteran Brian Merritt as its new chief technology officer (CTO), effective immediately.
Morgan Stanley has extended $125m in senior debt financing to Canadian fintech FreshBooks, which specialises in cloud-based accounting software for SMBs.
Banking Circle subsidiary BC Payments Singapore has secured in-principle approval for a MPI licence from the Monetary Authority of Singapore.
22.03.2025
NymCard, a BaaS provider and card issuer based in Dubai, has landed a $33 million Series B funding round led by US VC firm QED Investors.
Our weekly fintech round-up for you to get the latest funding news from around the world. Featuring Navadhan, Kosli, ClearGrid, and more.
Digital asset operations platform Utila has raised $18 million in a Series A funding round led by New York-based VC Nyca Partners.
Here’s our pick of five of the top news stories from the world of fintech this week, featuring Klarna, Santander Bank, OakNorth and more.
The Cumberland Building Society has partnered with Tata Consultancy Services to upgrade its legacy core systems and digital banking capabilities.
NatWest has become the first UK-headquartered bank to partner with OpenAI as it looks to accelerate its adoption of AI tech.
Lloyds Banking Group has extended its multi-year partnership with Oracle as it looks to accelerate its cloud migration strategy.
US-based Multiply Mortgage has raised $23.5 million in a Series A funding round led by Californian VC Kleiner Perkins.
My advice to banks is: be more old juicer! Think carefully about edge cases and have simple solutions as backups for when things go wrong.
21.03.2025
Companies that invest in AI technologies are unlocking new possibilities for innovation, customer engagement, and financial inclusion.
North Dakota's Capital Credit Union has upgraded its core banking system to Jack Henry’s Symitar solution to help support future growth.
UK-headquartered Clowd9 has named former Barclays director and board adviser Patrick Butler as its new head of risk and governance.
Honesty and strategic intent about how we are measuring delivery against growth goals is key. Abstraction is not your friend.
Tala has secured a new debt facility of up to $150 million with Neuberger Berman to accelerate the expansion of its lending operations in Mexico.
Flowpay, an embedded software provider based in the Czech Republic, has received €30 million in debt financing from Fasanara Capital.
Princeton Federal Credit Union has partnered with digital banking technology provider Mahalo Banking to upgrade its online banking experience.
London-headquartered payment solutions provider Guavapay has appointed former Royal Bank of Scotland exec Guy Noble as its new UK CEO.
NVIDIA and Supermicro examine key AI use cases in financial services and explore the challenges of AI implementation in this free white paper.
This free white paper is a must-read for payment service providers (PSPs) looking to launch, scale, or modernise.
US-based blockchain start-up Halliday has raised $20 million in a Series A funding round led by Andreessen Horowitz.
UK-based digital bank Monzo has promoted Andy Smart, its current general manager of wealth, to the role of chief product officer (CPO).