Santander invests in startup connecting SMEs and consultants
Santander has invested €2 million in Connecting Visions, a Spanish startup that helps SMEs gain access to consulting services.
Trump Media launches fintech brand
Donald Trump’s social media company has launched a financial services and fintech brand, dubbed Truth.FI, for a push into crypto and customised exchange-traded funds.
Visa says new anti-scam unit thwarted $350 million in attempted fraud
Visa says that its newly-formed scam disruption practice prevented more than $350 million in attempted fraud in 2024.
Climate action fintech Deedster secures SEK 50 million investment
Stockholm-based sustainability fintech Deedster has secured a SEK 15 million investment round led by Wellstreet.
Digital Onboarding raises $58m
Boston-based SaaS fintech Digital Onboarding has raised $58 million from Volition Capital.
BBVA creates global software development unit
BBVA has created a global software development division that brings together more than 16,000 developers across the bank in an effort to speed up and better coordinate the delivery of digital services and products.
PSR accused of “failure of vision” over light-touch remedies on card scheme fees
The Payment Systems Regulator has set out a series of remedial measures to address the scheme and processing fees imposed on merchant by Visa and Mastercard.
Blockchain platform issues first digital green bond
The European Investment Bank (EIB) has issued its first digital green bond on a blockchain-based platform developed by SEB and Credit Agricole.
CommerzVentures closes €300m third fund
Germany’s Commerzbank has committed €300 million to the third CommerzVentures fund, which will invest in startups in fintech, insurtech and climate fintech.
Citi leads investment round in Colombian B2B fintech Supra
Citi has led an investment round in Colombian B2B payments startup Supra.
Insurers target crypto market
The global insurance industry is turning its attention to the risks posed by cryptocurrencies and digital assets, judging by recent product announcements.
Wells Fargo to sell San Francisco HQ to favour US East Coast – WSJ
Exclusively reported by The Wall Street Journal, the bank’s San Francisco Financial District office may be for sale later this month.
BNP Paribas launches UK fintech incubator
BNP Paribas Personal Finance has joined forces with SuperTech to launch a UK innovation lab aimed at addressing data-led challenges in the financial services sector.
Euroclear and Digital Asset team on tokenised collateral mobility
Post trade body Euroclear and blockchain firm Digital Asset have launched the first phase of the tokenised collateral mobility initiative for the Canton Global Collateral Network (GCN).
PayPal invests in Latin American spend management platform Mendel
Latin American enterprise spend management platform Mendel has raised $35 million in a Series B funding round led by Base10 Partners and joined by PayPal Ventures.