StashAway, a digital wealth management startup hailing from Singapore, is raising US$25 million in a Series D funding round led by Sequoia Capital India.

SAP is to set up a dedicated financial services unit in a joint venture with investment firm Dediq that will see the ERP vendor develop a new suite of products covering the full spectrum of commercial banking and insurance operations.

Trading and investing platform eToro is launching an AI-generated advertising campaign for the Paris Olympics.

Fintech influencer and VC Spiros Margaris is to create a basket of fintech stocks for clients of Swiss investment management firm Cat Financial Products.

Greenwood, the digital banking startup for Black and Latino people and business owners, has acquired fellow neobank Kinly, bringing the two largest fintechs focused on the Black community together as one company.

Nordea is extending its Open Banking initiative to Sweden, giving third party developers access to customer data via APIs.

FourTwoThree, a climate action platform backed by NatWest, NAB and SC Ventures, has gone live with a goal of helping SMEs to measure, understand, and take action to reduce their carbon emissions.

IDPartner, a startup providing online identity verification through a network of financial institutions, has raised $3.1 million in a seed funding round led by Abstract Ventures.

UK-based challenger bank Starling is considering listing on the New York Stock Exchange as part of its US expansion plans.

Monzo and Starling are among the lowest scoring firms for reimbursing victims of authorised push payment fraud, according to 2022 data published by the Payment Systems Regulator.

JPMorgan Chase has opened a newly-built, sustainably-designed, multi-million pound office in Glasgow to house thousands of technology workers.

NatWest has inked a deal with OpenAI to bring generative artificial intelligence to the UK lender’s digital assistants.

Revolut is planning to move into the private banking market, expanding its service suite beyond the retail sector to cater for the needs of high net worth individuals.

The National Bank of Kazakhstan will provide clients the “ability to spend crypto tokens” by the end of this year, announced Assel Marchenko, CTO and deputy of CEO, National Bank of Kazakhstan, at Sibos today.

Italy’s Banca Investis has launched an app that provides banking customers with real-time investment advisory backed by generative AI.