Rewards credit card startup Yonder has secured £12.5 million in equity and a £50 million credit line to scale operations.

NCR Voyix has entered an agreement to sell its cloud-based digital banking business for $2.45 billion in cash to Veritas Capital.

Motive Ventures is to take over the running of ABN Amro’s Venture Fund (AAV), consisting of 15 early-stage fintech startups.

National Bank of Canada is paying C$103 million for a majority stake in Flinks, a Montreal-based data aggregation startup.

BNPL giant Klarna has priced its IPO at $40.00 per share, providing an elevated valuation of $15 billion.

Block will pay a $40 million penalty to New York regulators for “significant failures” in anti-money laundering programme and virtual currency compliance failures on its Cash App platform.

Jürgen Schaaf, an economist and advisor to the European Central Bank’s Market Infrastructure and Payments division, says more support should be provided for properly regulated euro-denominated stablecoins to ward off the threat posed by US dollar-backed tokens.

Younited, a Paris-based credit and payment platform, has raised $170 million in a funding round joined by Goldman Sachs and Bridgepoint.

NatWest has agreed a deal with vendor Pexa to start carrying out digital remortgage deals from next year.

Standard Chartered is rolling out a new mobile and online banking service to serve one million clients across eight African markets as part of a three-year $1.5 billion commitment to a digital future.

Asoka Woehrmann, the chief executive of Deutsche Bank subsidiary DWS, has resigned after German law officials stormed its offices over claims that the company exaggerated the sustainable credentials of some of its financial products.

Indian neo-banking platform Niyo has raised $100 million in a Series C funding round led by Accel and Lightrock India.

Goldman Sachs is claiming a quantum computing breakthrough, designing algorithms it says could be used on hardware that may be available in as little as five years.

Berlin-based Mondu is expanding its distribution across Europe through new partnerships with Payin3 and Lemonway, providing businesses and marketplaces with the same ease and convenience of consumer payments and buy now, pay later options.