CommBank joins OpenAI goldrush
Australia’s CommBank has joined the rush of financial institutions to form a relationship with OpenAI, striking a multi-year deal to provide employees with access to ChatGPT Entperise.
RegTech startup Amlyze snags $1 million pre-seed investment
Vilnius-based RegTech startup Amlyze, has concluded a $1 million pre-seed investment round led by Practica Capital, with participation from Lithuania’s Firstpick accelerator and venture capital fund.
Emea fintech takes biggest hit in funding downturn
The European fintech industry bore the brunt of a global drop in fintech funding during the first half of 2023, declining by more than half over the peceding period.
PayPal invests in Tink
PayPal has made a strategic investment in Swedish Open Banking platform Tink as part of a wider partnership between the two firms. Terms of the investment were not disclosed.
Big banks join $63m funding round for Luma
Luma Financial Technologies, a platform for structured products and annuities, has raised $63 million in Series C financing led by Sixth Street Growth and joined by a host of existing Wall Street backers.
UK dominates European fintech funding
The UK accounted for more than half of European fintech venture funding in the first half of 2025, as the sector reached a point of maturity following a difficult couple of years, according to a Finch Capital report.
Bullish shares more than double in NYSE debut
Investor confidence in the cryptocurrency sector was punctuated after Bullish was valued at $13.16 billion last week, setting the pace for other digital asset firms looking to list in the US.
PayPal lets Apple users ditch passwords for passkeys
PayPal is taking a major step away from passwords, giving users the option of logging in to their accounts with the new industry standard passkey.
European banks join forces to launch euro stablecoin
Nine European bank have joined forces to launch a euro-denominated stablecoin designed to challenge the dominance of dollar-led tokens.
US regulators seek info on bank-fintech relationships
US banking regulators have issued a warning on the potential risks associated with third-party deposit arrangements and made a call for more information on the relationships between lenders and fintechs.
Swift preps live digital asset trials
Banks around the world will next year start live trials of digital asset and currency transactions over the Swift network.
Ecosia invests in wooden debit card startup
Forget your flash metal debit cards, eco-friendly search engine Ecosia has invested £1 million for a 20% stake in TreeCard, a wooden payment card that channels profits from merchant surcharges into reforestation programmes.
Australia’s Asic highlights governance lag in AI adoption
Australia’s Securities and Investment Commission (Asic) is urging financial services and credit licensees to ensure their governance practices keep pace with their accelerating adoption of artificial intelligence.
Santander pilots in-branch card recycling machines
Santander is piloting a recycling scheme in select UK branches allowing the public to dump expired or unused plastic cards in a safe and green manner.
Digital receipt startup Slip raises £2.5 million
Slip, a female-founded fintech startup which helps physical stores digitise receipts to unlock customer insights, has raised £2.5 million.