Hong Kong fintech WeLab is to expand into the wealth management market after securing a $75 million funding round led by the venture arm of German conglomerate Allianz X.

The Euro Banking Association (EBA) has made its payment fraud taxonomy available to the public in a bid to curb the rising threats to the European payments system.

Earlier this year, Finextra announced Lune, a climate-positive company providing API and software tools, had won the FinTech Zone award at EBAday 2024. The award is presented to companies that have shown true innovation and an ability to deliver a capable solution to a current issue in finance and banking. A few months on from this year’s event, Lune is still making strides towards a better, more streamlined climate process for its clients.

Digital assets operations platform Utila has closed a $22 million Series A extension round, tripling its valuation in just six months as the stablecoin boom continues.

Standard Chartered’s investment arm, SC Ventures, has joined a funding round for European crypto-asset exchange One Trading.

Wells Fargo is making its digital platform for helping people plan and track their money available to all consumer customers.

Speaking to chief experts of Tehanu AI, Tosca Tindall and Patrick McSharry, Finextra learned about their nature-finance focused business that is working to incentivise nature stewardship by creating green jobs.

NatWest has joined forces with Microsoft to help its business customers reduce their carbon footprints.

Gemini, the cryptocurrency platform founded by twins Cameron and Tyler Winklevoss, has filed for an initial public offering, seeking a valuation of up to $2.22 billion.

Crypto giant Coinbase is the latest fintech to apply to the Office of the Comptroller of the Currency (OCC) for a national trust company charter.

Finextra’s annual Sustainable Finance.Live conference will return on 4 November 2025 at Events@No6 in London.

Distributed ledger technology firm Digital Asset is open sourcing its DAML smart contract language, opening it up to the developer community.

The Federal Reserve has developed a tool, called the ScamClassifier model, to help the payments industry improve scam reporting, detection and mitigation.