Global Banking Monitor (Page 2)

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Mollie Completes GoCardless Acquisition, Creating a 350,000-Business European Group

Mollie Completes GoCardless Acquisition, Creating a 350,000-Business European Group

Mollie has closed its acquisition of GoCardless, combining cards and local payment methods with one of Europe's largest Pay by Bank and Direct Debit networks.…

MAS Commits S$220m to FSTI 4.0 as Private Fintech Funding Retreats

MAS Commits S$220m to FSTI 4.0 as Private Fintech Funding Retreats

The Monetary Authority of Singapore has committed S220m over three years to the fourth round of its Financial Sector Technology and Innovation scheme, with AI adoption and talent the priorities.…

UK Hands the Bank of England a Secondary Objective on Payments and Digital Money

UK Hands the Bank of England a Secondary Objective on Payments and Digital Money

HM Treasury will give the Bank of England a statutory objective to support innovation in payment systems and digital money, including stablecoins, subordinate to financial stability.…

Global Fintech Investment Rebounds to $103bn, With $80.8bn of It in the US

Global Fintech Investment Rebounds to $103bn, With $80.8bn of It in the US

Global fintech investment rose to 103.1bn dollars in H1 2026, but across fewer deals and heavily concentrated in US payments infrastructure.…

UK Fintech Funding Falls to a Decade Low as AI Takes a Quarter of the Pot

UK Fintech Funding Falls to a Decade Low as AI Takes a Quarter of the Pot

UK fintech investment fell to £1.8bn in H1 2026, the weakest six months since KPMG began tracking the sector in 2016, with AI the one area still attracting capital.…

SNB Group Becomes First in MENA to Issue Mastercard's World Legend Tier

SNB Group Becomes First in MENA to Issue Mastercard's World Legend Tier

SNB Group has become the first financial institution in the Middle East…

Cross River to Power X Money, Embedding FDIC-Insured Accounts Inside X

Cross River to Power X Money, Embedding FDIC-Insured Accounts Inside X

Cross River Bank will provide the banking infrastructure behind X Money, the…

BitPay Wins Dutch MiCA Authorisation, Passporting Crypto Payments Across the EU

BitPay Wins Dutch MiCA Authorisation, Passporting Crypto Payments Across the EU

BitPay's European subsidiary has been authorised as a crypto-asset…

Ant International Raises $1.2bn Series A to Scale Its Cross-Border Network

FinTech Funding

Ant International Raises $1.2bn Series A to Scale Its Cross-Border Network

Ant International, the global arm of Jack Ma-founded Ant Group, has…

Flex Files for Utah Industrial Bank Charter to Fund Rent Instalments Directly

Flex Files for Utah Industrial Bank Charter to Fund Rent Instalments Directly

Flexible Finance has applied to charter a Utah state-chartered industrial bank,…

Augustus Raises $180m to Build a Chartered Dollar Clearing Bank for Stablecoins

Augustus Raises $180m to Build a Chartered Dollar Clearing Bank for Stablecoins

Augustus, the correspondent banking startup formerly known as Ivy, has raised $180m…

Upstart Wins Conditional OCC Approval for Branchless National Bank Charter

Upstart Wins Conditional OCC Approval for Branchless National Bank Charter

The Office of the Comptroller of the Currency has granted Upstart conditional…