Markets

Scotish fintech firm Aveni has announced the launch of the first version of FinLLM, its domain-based large language model for financial services. The language model was developed by the specialist team at Aveni Labs over six months. However, its banking...

London-based fintech firm Revolut has set its eyes on an expansionary move that will see the neobank invest over $1.1 billion in France. The company is planning to apply for a French banking license. President Macron announced this development at the Choose...

Bajaj Finance has upgraded its digital systems by switching to Pennant Technologies’ cloud-based lending platform. The company said it moved from its old loan management system to pennApps Lending Factory, a digital tool built to handle large volumes of loan...

A recent study by Payit, the open banking payment solution from NatWest, revealed that 42% of British businesses are eager to adopt open banking. They believe it offers better security and stronger protection against fraud. The research also showed that...

GIST Impact has partnered with Global Canopy to help financial institutions manage deforestation risks more effectively. The company said the goal is to support banks and investors in understanding how deforestation affects their financial choices, using data tools that improve...

iForex, a broker that focuses on contracts for differences (CFDs), has revealed plans to list its shares on the main market of the London Stock Exchange. The company has not yet shared details about its target valuation or other financial...

CrediLinq, an AI-powered embedded finance platform for B2B, shared that it has secured USD $8.5 million in Series A funding. The round was led by OM/VC and MS&AD Ventures, with new backers including Citi North America and Rustem Family Office....

Dana Massey has ended his time as Chief Product & Technology Officer at Capital.com. He shared this update on LinkedIn today, explaining his decision to take a well-deserved break after years of active work in fintech and gaming industries. Massey...

Paythru has partnered with Adyen to develop a new electric vehicle (EV) charging payments platform designed to simplify and unify how drivers pay at charging stations. This collaboration aims to create a seamless, global payment system that supports a wide...

Mikhail S. recently shared that he has taken on a new role as Chief Commercial Officer (CCO) at GTCFX. In his post, he said that he was happy to share he was starting a new position as Chief Commercial Officer...

eToro, the online trading and investment platform, has announced a new partnership with Generali, a well-known name in the French life insurance market. The firm said this partnership will give its users in France access to two long-term savings options—a...

LUKSO, a blockchain network built for social and creative industries, has named Jan-Oliver Sell as its new Chief Operating Officer. Sell was previously the Chief Executive Officer of Coinbase Germany, where he spent the last four years supporting the company's...

Nuvei has reported that it joined the European Payments Initiative (EPI) as one of the first providers to let merchants add Wero, EPI’s digital mobile wallet, to their online checkouts. According to the company, Wero was built to tap the...

Mastercard is partnering with MoonPay to allow users and businesses to spend stablecoins in everyday life. This new deal will help users use stablecoins as easily as normal money worldwide. Through this plan, businesses and financial startups can offer Mastercard-branded...

Coinbase has reportedly moved into damage control after a cyberattack that used insider help. The company is facing a possible $400 million impact and growing concerns about staff security in the crypto space. According to the report, Coinbase got a...