Greek payments firm Viva Wallet has hired investment bank Jeffries to advise on the €500 million fundraising just weeks after officially acquiring Praxia Bank’s banking license.

Poste Italiane and Allianz Asset Management have each acquired a minority stake in digital wealth management company Moneyfarm.

UK payments technology provider Dojo has secured its first equity raise of $190 million from Vitruvian Partners.

Ireland’s central bank has become the latest financial institution to ban its employees from using the artificial intelligence (AI) chatbot ChatGPT.

Securities market participants will have to make a number of changes to their operations if they are to handle a move to 24/7 trading.

The fintech industry continues to flourish across Europe, the Middle East and Africa despite economic setbacks such as those that have emerged following the outbreak of Covid-19.

Visa has invested in Swedish spend management firm Mynt alongside an expanded reseller agreement across Europe.

The Association for Financial Markets in Europe (AFME) has released its ESG report for the third quarter of 2024, seeing key developments in the ESG finance space.

Crypto wallet provider Tangem is partnering with Visa on the launch of a payment card that will be integrated with the Swiss firm’s self-custodial hardware wallet.

UK digital bank Zopa has launched a five-year campaign to reskill 100,000 banking workers in AI disciplines by 2030.

HSBC has joined forces with Google Cloud to offer venture debt financing options to climate technology companies.

Stable Sea, a stablecoin liquidity and orchestration company founded by former Block staffers, has emerged from stealth with $3.5 million in funding.

A report from the US Treasury has called on banks to bolster their risk management frameworks in order to avoid being overwhelmed by AI-powered fraudsters and cybercriminals.

CommerzVentures has led a €25 million Series B financing round in Estonian core banking provider Tuum.