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Ex-Revolut staffers team with Mastercard to take stablecoins mainstream

/crypto

Ex-Revolut staffers team with Mastercard to take stablecoins mainstream

Blockchain bank account startup Bleap has joined with Mastercard to launch a non-custodial debit card, making it possible for people to connect stablecoin payments with traditional financial payment rails.

Allica Bank nearly doubles profits

/wholesale

Allica Bank nearly doubles profits

British SME challenger bank Allica has nearly doubled profits and hit £3 billion of lending in a record-breaking year in which it was crowned as the fastest growing startup in Europe.

Klarna and Clover ink in-store BNPL pact

/payments

Klarna and Clover ink in-store BNPL pact

Klarna has moved to boost its in-store presence in the US, bringing its BNPL payment options to 100,000 merchant locations though a deal with Fiserv's Clover point-of-sale business.

Bunq files for US licence

/regulation

Bunq files for US licence

As it reports a 65% surge in full-year profit, Dutch digital bank bunq has stepped up its effort to crack the US, filing for a broker-dealer licence in the country.

New York sues DailyPay and MoneyLion over 'illegal loans'

/regulation

New York sues DailyPay and MoneyLion over 'illegal loans'

The New York attorney general has sued DailyPay and MoneyLion, accusing the earned wage access providers of charging workers fees that amount to interest rates of up to 750%.

Friday Harbor raises $6m for AI-powered mortgage origination

/ai

Friday Harbor raises $6m for AI-powered mortgage origination

Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, has closed a $6 million seed round.

Inside the tech behind the transformation: Sponsors announced for NextGen Nordics

/payments

Inside the tech behind the transformation: Sponsors announced for NextGen Nordics

Ever wanted to be in the same room as the senior executives leading payments innovation across the Nordics and Europe? NextGen Nordics on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden, is your chance to hear from the technology vendors that are supporting financial institutions expertly navigate a convoluted web of regulations, at a time when fraud is at an all-time high and consumer experience must be kept front of mind.

Starling takes SaaS platform to the US

/retail

Starling takes SaaS platform to the US

Starling Bank is opening a US subsidiary to sell its tech infrastructure platform Engine to North America's mid-tier banks, community banks and credit unions.

Major US banks dial down information sharing with OCC after email hack

/security

Major US banks dial down information sharing with OCC after email hack

JPMorgan Chase and Bank of New York Mellon have reportedly scaled back electronic information sharing with the Office of the Comptroller of the Currency (OCC) following a significant breach of the regulator’s email system.

Banked acquires VibePay

/payments

Banked acquires VibePay

Banked has acquired UK-based consumer payments app VibePay, to drive Pay by Bank adoption through consumer and merchant incentives.

Fnality rolls out 'earmarking' for programmable payments

/payments

Fnality rolls out 'earmarking' for programmable payments

Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces, has released a new feature that allows banks to programme funds for release upon receipt of proof of an event elsewhere.

South Africa's Stitch raises $55 million

/payments

South Africa's Stitch raises $55 million

South African payment service provider Stitch has raised $55 million in a Series B funding round led by QED Investors.

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