Markets

James Radford, who used to be the CEO of Revolut UK, is now the new Chief Executive Officer of Volopa. Volopa is a company that helps businesses with foreign exchange, international payments, and managing expenses. The company was launched by...

Mastercard has announced a new program called the Mid-Market Accelerator to help small and medium-sized businesses. This program is made for middle market companies, which are businesses that earn between $10 million and $100 million each year or have around...

Crypto custody solutions provider BitGo has announced the expansion of its services as it rolls out an over-the-counter (OTC) trading desk. The company wants to specifically target institutions that trade crypto assets. BitGo has also stated that it has been...

KPMG's bi-annual Pulse of Fintech report reveals a challenging landscape for the global fintech sector in H2'24, with both investment levels and deal counts dropping to figures last seen in 2017. Over the past year, global fintech investment amounted to...

Green Dot Corporation and Marqeta have announced a new plan to improve cash services for customers. Marqeta can now offers its customers better ways to deposit cash into bank accounts. The company said the service is important for many businesses...

GoCardless, a company handling payments across more than 30 countries, introduced an embedded finance solution with Pipe. Pipe is a fintech firm that provides financial services through software and payment partners. According to the update, the integration lets eligible GoCardless...

BNY, a United States-based investment bank and global custodian, reached an agreement with OpenAI, the company behind ChatGPT, to help develop its own platform called Eliza. A Wall Street Journal report stated that the agreement would allow BNY, previously known...

CME Group plans to introduce Solana (SOL) futures as demand for crypto investment tools grows. According to the update, these contracts will launch on March 17 if regulators approve them. The group said the goal is to help investors trade...

Nayax Ltd., a company that helps businesses with payments and customer loyalty, has bought UPPay. UPPay is a digital payment and telemetry provider for self-service coffee machines in Brazil. The company said this deal would help it grow in Brazil...

Belvo, a top Open Finance provider in Latin America, has revealed the launch of Biometric Pix. The company said this new payment feature would improve security, speed, and ease for users and businesses in Brazil. Biometric Pix, created by the...

NCR Voyix Corporation has announced a new agreement with Worldpay, a global leader in payments technology. The deal will allow NCR Voyix to offer a cloud-based software and payment system for retailers and restaurants. This partnership brings together the strengths...

Ukraine's central bank reported that Revolut does not have a license to operate in the country. This came despite the London-based financial technology company's recent announcement that residents can now open accounts. Revolut released a statement saying that Ukrainian residents...

Cloud-based digital banking vendor Alkami has agreed to purchase account opening technology provider Mantl in a $400 million deal. Mantl, founded in 2016, provides digital account opening solutions to community banks and credit unions. Mantl helps Alkami gain retail, business,...

Lantern Finance has announced the completion of a $1 million seed funding round to accelerate the growth of its next-generation crypto-backed lensing solutions. The company noted that the focus is in the US as it continues to serve US-based crypto...

The Consumer Financial Protection Bureau (CFPB) has dropped its lawsuit against Capital One. The case, filed in 2017, claimed the bank kept customers from earning over $2 billion in interest. The agency said Capital One held rates low on an...