The UK has been pushed into third place in global fintech rankings for the first time following a strong showing by the UAE.

German financial management app Finanzguru has raised €13 million led by new investors Scor Ventures and PayPal Ventures, with participation from existing backers including Deutsche Bank, coparion, VR Ventures, Hannover Digital Investments, Venture Stars and former Postbank CEO Frank Strauss.

Credit bureau TransUnion has unveiled a cloud-based AI-powered data and analytics platform for financial institutions.

ABN Amro has become the first Dutch bank to register a digital green bond on a public blockchain.

Point72 Ventures has led a $15m Series A investment round in asset securitization fintech GenTwo.

The cloud has fundamentally altered the economics and time to value of risk management and regulatory reporting. By allowing banks to handle the real-time, daily and periodic nature of regulatory reporting in an elastic manner, cloud computing has also provided cost-effective, long-term (and immutable) data storage to respond to queries from regulators.

The non-profit arm of insurance unicorn Lemonade has formed a coalition building a blockchain-based climate insurance offering for subsistence farmers and livestock keepers in developing markets.

ClearScore, a London-based startup providing credit scoring services, has secured €36.1m in debt financing from its principal backer HSBC.

MIT has recruited TD Bank and Prudential to sponsor its first-ever fintech hackathon.

Open banking platform Tink is working with subscription technology firm Youtility to provide UK retail banks with embedded subscription and money management tools.

UK Banking-as-a-Service bank Griffin is opening up access to a Model Context Protocol (MCP) server, providing a way for AI agents to autonomously perform tasks on behalf of customers.

Dutch fintech Fero has launched their personalisation e-commerce tool, Checkout Companion, for Shopify-based businesses in the UK.

Personal payroll and benefits fintech Catch is shutting down after admitting it is not the one to topple a “trillion dollar ecosystem”.

A new research paper, produced by Finextra in association with EPAM, explores the rise of robo and asks how it will further reshape the advisory business and wealth management in the future.

Starling Bank has added digital investments from Wealthify to its in-app marketplace, enabling customers to open investment accounts with as little as £1.