Bhutan launches world’s first national-level crypto tourism payment system
Bhutan has joined forces with Binance and DK Bank to become the first country to roll out a national-level crypto payments system for tourists.
Savings and mortgage platform Tembo raises £14m
London-based digital savings and mortgage platform Tembo has raised £14 million in a Series B funding round led by Goodwater Capital.
Automakers push yearend APR, cash deals
Incentives increased in the fourth quarter, driven by normalizing supply levels and intensifying competition. Toyota is offering a 4.99% annual…
Financial markets analytics firm big xyt secures €10 million equity raise
Financial markets AI-analytics firm big xyt has secured a €10 million funding round to drive global expansion.
Fresh Equities raises $4 million; rebrands to InvestorHub
Australian startup Fresh Equities has rebranded to InvestorHub and has secured $4 million to help public companies bridge the communications gap with investors.
ARA president urges caution when handling client directives
Vaughn Clemmons might not be an attorney, but the president of the American Recovery Association urged members to use caution when receiving client directives. “Whether from lenders, forwarders, or others, some instructions could place your business or employees in legal … [Read More]
Pagaya eyes personal, auto loans with OneMain Financial
AI-based financier Pagaya Technologies plans to expand its new relationship with subprime auto lender OneMain Financial to an enterprise agreement…
UK fintech salaries on the rise – report
Jobs in the UK’s fintech sector have grown by 61% in the last year while demand for skilled workers has seen salaries rise by as much as 25% according to a recently published report.
Retailers’ margins hurt by Stellantis’ supply challenges
Auto retailers reported weaker margins for sales of Stellantis brands in the third quarter as supply challenges persisted. Asbury Automotive’s…
European fintechs expect to grow business in next year
Optimism is returning to Europe’s fintech sector, suggests new research from MHP Group which shows that more than three quarters of firms expect their business to grow in the next 12 months.
Australian Payments Plus to bring least-cost routing to online Cick to Pay transactions
Australian Payments Plus (AP+) has selected Giesecke+Devrient (G+D) to develop eftpos Click to Pay with integrated least-cost routing (LCR), a project that is billed as a world first for online debit card payments.
Losses rise across prime, nonprime securitized loans
Credit performance across securitized prime and nonprime auto loans weakened at the end of 2024 as loans originated in 2022…
EBay acquires digital auto startup Caramel
E-commerce giant eBay has acquired online automotive transaction solution provider Caramel to enhance the vehicle-buying customer experience on its platform. …
Financial wellness fintech Elifinty launches
UK startup Elifinty has launched its open banking-based “socially conscious” debt management platform for consumers and creditors.
UK launches Smart Data Group to bring benefits of open banking to more sectors
The UK is looking to build on the success of open banking through the launch of a government-backed, industry-led Smart Data Group designed to unlock £28 billion in economic value across a variety of sectors.