Acoru Raises €10M To Combat Money Mules And Prevent Financial Fraud
Kailee Rainse / startuprise - Madrid-based Acoru, a startup building technology to prevent AI-driven fraud and money laundering, has secured €10 million in a Series A round led by 33N Ventures, with participation from existing investors Adara Ventures and Athos Capital. Generative AI …
Back to Top / Wednesday, October 22, 2025, 3:20 am / permalink 15301 / 4 stories in 4 months
Revolut’s $3B raise cements its lead as Europe’s most valuable startup
Sofia Chesnokova / techfundingnews - Revolut, the London-based fintech behind one of the world’s most popular digital banking apps, is close to completing…
Back to Top / Sunday, October 19, 2025, 11:31 pm / permalink 15205 / 2 stories in 4 months
Revolut UK Bank License Stalled Over Risk Control Concerns
PYMNTS / pymnts - Revolut’s rapid global expansion reportedly is delaying its banking license in its home country. The British FinTech has been awaiting a full banking license from U.K. regulators since last year. But as the Financial Times reported Tuesday (Oct. 14), that…
Back to Top / Tuesday, October 14, 2025, 11:22 am / permalink 15115 / 3 stories in 4 months
JPMorgan launches $10B tech, infrastructure investment initiative
Maria Deutscher / siliconangle - JPMorgan Chase & Co. today announced plans to invest up to $10 billion in technology and infrastructure companies. The news sent several quantum computer makers’ shares soaring more than 20%. JPMorgan will invest mainly in U.S. companies with the goal of …
Back to Top / Monday, October 13, 2025, 7:20 pm / permalink 15105 / 2 stories in 4 months
Bank of England Warns of an AI Bubble Burst
Ece Yildirim / gizmodo - Valuations appear stretched especially for AI companies, the bank said.
Back to Top / Wednesday, October 8, 2025, 3:21 pm / permalink 15035 / 5 stories in 4 months
Musk Picks Morgan Stanley Vet As xAI CFO
PYMNTS / pymnts - Elon Musk has reportedly tapped ex-Morgan Stanley banker Anthony Armstrong to serve as xAI’s CFO. That’s according to a report late Monday (Oct. 6) by the Financial Times (FT), which notes that this is the latest executive shake-up at the artificial intel…
Back to Top / Tuesday, October 7, 2025, 6:20 am / permalink 14998 / 4 stories in 4 months
UK fintech Tide attains unicorn status, with $120M funding round
John Reynolds / tech - Tide, the UK business management platform, has attained unicorn status, following a $120m funding round. The funding round was led by a "strategic investment" from TPG, the asset management firm, whic...
Back to Top / Monday, September 22, 2025, 4:20 am / permalink 14781 / 3 stories in 5 months
Rekord raises $2.1M to power the future of credit decisioning
Tamara Djurickovic / tech - Dublin-based Rekord hasraised $2.1 million in pre-seed funding to advance its AI-native platform forcredit decisioning. The round was led by Point Nine Capital, with participationfrom Octopus Ventures...
Back to Top / Monday, September 22, 2025, 2:20 am / permalink 14780 / 2 stories in 5 months
US Banks Tap Fed Repo for $1.5 Billion Amid Liquidity Concerns
US banks have collectively borrowed $1.5 billion from the Federal Reserve’s repo facility amid emerging funding pressures. This financial maneuver signals short-term liquidity challenges in the market, prompting analysts to view it as a temporary, albeit cautious, adjustment within the broader economic landscape.
Back to Top / Monday, September 15, 2025, 3:21 pm / permalink 14561 / 1 stories in 5 months
Here are the five fintechs that could be next to IPO after Klarna
cnbc - Klarna's bumper IPO has got investors wondering about which fintech names could be next to go public.
Back to Top / Monday, September 15, 2025, 2:20 am / permalink 14528 / 4 stories in 5 months
Subprime Auto Lender Tricolor Files to Liquidate in Bankruptcy
PYMNTS / pymnts - Subprime auto lender Tricolor Holdings reportedly filed to liquidate in bankruptcy Wednesday (Sept. 10), the same day it was reported that banks were set to suffer hundreds of millions of dollars in combined losses from loans tied to the company. Tricolor…
Back to Top / Wednesday, September 10, 2025, 9:20 pm / permalink 14335 / 2 stories in 5 months
Klarna IPO debuts with strong valuation and share jump
Klarna made a striking entrance into the public markets, debuting near a $20 billion valuation with shares soaring upon listing. The impressive performance reflects robust investor demand and market confidence, leaving analysts and onlookers both impressed and amused by the fintech firm’s sprint to the spotlight.
Back to Top / Wednesday, September 10, 2025, 1:21 pm / permalink 14289 / 3 stories in 5 months
Fifth Third Says $200 Million Loan Fraud Isolated Incident
PYMNTS / pymnts - Fifth Third Bank says a fraud incident on a $200 million loan was a one-time occurrence. The bank says it was the victim of fraud on a loan carrying a $200 million balance, and thinks this was a “one-off” incident that will lead to “a fair amount of litig…
Back to Top / Wednesday, September 10, 2025, 10:21 am / permalink 14257 / 2 stories in 5 months
JPMorgan CEO Dimon issues stark warning on US economic slowdown
JPMorgan CEO Jamie Dimon cautioned that the US economy is showing signs of slowing down amid unsettling labor market trends. His remarks, delivered in a recent address, highlight growing concerns among investors over a potentially murky economic horizon, leaving many to wonder if the headwinds are just beginning.
Back to Top / Tuesday, September 9, 2025, 8:20 pm / permalink 14207 / 1 stories in 5 months
Revolut Gets OK to Offer Payment Services in UAE
PYMNTS / pymnts - Revolut’s ongoing international expansion plans now include the United Arab Emirates (UAE). The London-based FinTech giant has been granted in-principal approval for licenses from the Central Bank of the UAE, Revolut announced in a Tuesday (Sept. 9) news …
Back to Top / Tuesday, September 9, 2025, 8:21 am / permalink 14131 / 2 stories in 5 months
ANZ bank to slash 3500 jobs in sweeping CEO-led overhaul
Australia’s ANZ bank is making a bold—and somewhat ironic—move under its new CEO by planning to cut 3500 jobs in a major restructuring effort aimed at streamlining operations and boosting efficiency. The decision, reported by both Bloomberg and Reuters, leaves many wondering if the leadership change is more about cost-cutting theatrics than genuine turnaround.
Back to Top / Monday, September 8, 2025, 11:20 pm / permalink 14111 / 0 stories in 5 months
Revolving Debt Spikes and Signals a Buildup of Credit Card Balances
PYMNTS / pymnts - Consumers in August loaded up on revolving debt, a category that includes credit cards, as they reversed a slowdown, and in some cases, paydowns, on their balances. New data released Monday (Sept. 8) by the Federal Reserve shows that, in July, consumer cr…
Back to Top / Monday, September 8, 2025, 8:20 pm / permalink 14103 / 1 stories in 5 months
PNC Purchases Colorado-Based FirstBank for $4.1 Billion
PYMNTS / pymnts - PNC Bank is looking westward with its acquisition of Colorado-based lender FirstBank. The $4.1 billion deal will make Colorado one of PNC’s top markers in the country, more than tripling its branch network there, according to a Monday (Sept. 8) press rele…
Back to Top / Monday, September 8, 2025, 10:20 am / permalink 14035 / 2 stories in 5 months
Irish Banks Plan Mobile Payments System to Counter Revolut
PYMNTS / pymnts - Ireland’s three retail banks say they will introduce a mobile payment service next year. Zippay, a joint collaboration by AIB, Bank of Ireland and PTSB, is set to debut in early 2026, the Banking and Payments Federation of Ireland (BPFI) announced Monday …
Back to Top / Monday, September 8, 2025, 6:20 am / permalink 14020 / 2 stories in 5 months
Visa Gives Developers New Tools to Accelerate Agentic Commerce
PYMNTS / pymnts - Watch more: Visa Gives Developers New Tools to Accelerate Agentic Commerce “There’s almost a reimagining of the internet going on right now,” Visa Senior Vice President and Global Head of Growth Rubail Birwadker told PYMNTS CEO Karen Webster. For the past…
Back to Top / Thursday, September 4, 2025, 6:21 am / permalink 13755 / 3 stories in 6 months