Transactions database TigerBeetle raises $24m
Financial transactions database TigerBeetle has raised $24 million in a Series A funding round led by Spark Capital.
Metro Bank launches AI scam detection tool
Metro Bank is using technology from AI firm Ask Silver to enable customers to instantly check whether they are at risk of a scam by spotting fraudulent communications.
Advantage Ellevest as Venus Williams invests in robo-advisory service for women
Venus Williams is among the big hitters to join a $9 million funding round for Ellevest, a robo-advisory startup run by former Bank of America and Citi executive Sallie Krawcheck that caters specifically to women
Nineteen firms apply for admission to Digital Securities Sandbox
The UK Government says it has received 19 expressions of interest from incumbent financial market infrastructures, banks and new entrants to participate in inaugural tests of its Digital Securities Sandbox.
Dave faces US lawsuit
The US Department of Justice and Federal Trade Commission have launched legal action against Dave, the mobile banking app, alleging that it misled customers over its charges.
Cash keeps place in American wallets
Credit and debit cards continue to dominate American payments, but cash is still an important player, accounting for 14% of all consumer transactions in 2024, according to the Federal Reserve.
Protective unveils new professional training curriculum program for dealers & F&I staff
Finextra’s year in review
With 2023 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.
Lenders face steeper deficiency balances as repo levels climb
With auto repossessions nearing a record 2 million units this year, the influx of vehicles at auction will likely pressure…
Pynk raises $2m for retail investor wallet
London-based wealth management startup Pynk has raised $2 million through crowdfunding ahead of the launch of its retail investor wallet.
Big banks invest in generative AI startup Hazy
Nationwide Building Society, Wells Fargo and Intesa Sanpaolo have joined a $9 million Series A funding round for British synthetic data disruptor Hazy.
Which? claims banks are leaving customers wide open to spoofing fraud
Which? claims that security failings at some of the UK’s largest banks are leaving customers vulnerable to fraud.
Bitget Wallet partners MoonPay for stablecoin-to-fiat offramp
Bitget Wallet has partnered MoonPay to launch a fiat withdrawal feature that allows users to convert stablecoins directly into cash.














