Mexican FinTech Klar secures $190m in fresh funding
Klar, a Mexican FinTech company providing app-based financial services to consumers and small businesses, has raised $190m in a series C funding round, pushing its valuation above $800m.
U.S. Bank and Fiserv join forces on digital credit card solution
U.S. Bank and Fiserv have announced a strategic partnership to integrate U.S. Bank’s Elan Financial Services credit card programme into Fiserv’s Credit Choice platform.
Peymo unveils AI-powered hybrid banking platform
Peymo, a London-based FinTech firm, has officially launched what it calls the world’s first AI-powered multi-hybrid banking platform.
Chime valued at $18.4bn as stock surges on first day
Chime, the consumer financial technology company, saw its shares jump 59% in its long-awaited debut on the Nasdaq Global Select Market, according to a report from Reuters.
Monzo’s profit soars 8x to £113.9m as customer base hits 12m
Monzo has reported a dramatic leap in profitability, with adjusted pre-tax profits reaching £113.9m for the financial year ending 31 March 2025—an eightfold increase from the previous year.
Tietoevry Banking partners with Finance Innovation to boost Norwegian FinTech innovation
Tietoevry Banking has officially joined NCE Finance Innovation, a key Norwegian FinTech cluster, in a move designed to drive innovation, collaboration and digital transformation across the financial sector.
OakNorth and OpenAI partner to embed generative AI in banking operations
OakNorth, a UK-based digital bank focused on serving entrepreneurs, has announced a strategic partnership with OpenAI, the San Francisco-headquartered artificial intelligence research and deployment...
FinTech firm Surfin Meta Digital Technologies secures $26.5m to fuel global expansion
Surfin Meta Digital Technologies, a Singapore-based financial technology solutions provider for underserved communities, has announced the successful completion of its latest funding round.
10x Banking unveils new AI suite to transform legacy core systems
10x Banking, a UK-based FinTech company known for its modern cloud-native core banking platform, has announced the launch of a new suite of AI-powered...
Plaid secures $575m as valuation falls to $6.1bn in secondary share sale
Open banking giant Plaid has secured $575m in a secondary share sale that has seen its valuation plummet from $13.4bn in 2021 to $6.1bn.
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