Fintech infrastructure firm Prime Trust raises $107m
Prime Trust, a one-stop-shop for API-based financial infrastructure for fintech and digital asset innovators, has raised $107 million in a Series B funding round.
Prime Trust, a one-stop-shop for API-based financial infrastructure for fintech and digital asset innovators, has raised $107 million in a Series B funding round.
SME bank Cynergy Bank has contracted with Google Cloud and Wipro for the build of a digital relationship platform, aligning face-to-face contact with the technical know-how of an app-only startup.
Caliza, a startup offering banks and fintechs an API that lets their customers save and transact in US dollars, has launched in Brazil with $5.3 million in seed funding.
Mastercard’s agentic payments platform is being integrated into PayPal’s wallet to allow AI agents to complete transactions on behalf of users.
The US House of Representatives has followed the Senate in voting to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants such as Apple, Google and X, that offer digital payment apps and wallets.
Bourgeois Boheme (BoBo), a European fintech targeting high-net-worth individuals with the promise of instant transactions of up to €1 million, has closed a €6.5 million seed round led by Graphit Lifestyle.
Crypto custody specialist BitGo has acquired Brassica, a fintech specialising in providing back-end infrastructure services for private securities and alternative investments. Financial terms were not disclosed.
Félix, a chat-based platform that utilises WhatsApp and stablecoins to enable Latino immigrants in the US to send money abroad, has secured $75 million Series B in equity and growth financing.
Paris-based fintech Spiko has pulled in $22m after completing a series A funding round.
Tred, a UK startup building a carbon tracking debit card and app, has bust through its initial £400,000 crowdfunding target within hours of going live on Crowdcube.
JPMorgan Chase staffers will have to scan their fingerprints or eyes, rather than their ID badges, to access the bank’s new New York headquarters.
As part of the Biden Administrations efforts to regulate AI, over 200 organisations have agree to attend the US AI Safety Institute Consortium (AISIC), including Nvidia, OpenAI, Apple, JP Morgan, and Amazon.
Coincover, a UK-based digital asset protection provider, has raised $30 million in a funding round led by Silicon Valley’s Foundation Capital.
Gideon Valkin – formerly of Monzo, ClearScore and Entree Capital – has closed on a $12 million fintech venture fund, Adrena Ventures, and made his first investment in Nustom, an AI startup founded by Monzo’s co-founding CTO Jonas Templestein.
Canada’s TD Bank is selling part of its merchant processing business to Fiserv as part of a wider agreement with the US payments giant.