PRA to consult on easing ring-fencing rules for shared operational services
The Prudential Regulation Authority will publish a consultation this summer on loosening…
N26 Launches Flexible Cash Fund with Fidelity in Push to Out-Yield European Neobank Rivals
Berlin-based digital bank N26 has launched a Flexible Cash Fund in partnership…
Banking Circle Names Kush Saxena Chief Executive as B2B Payments Bank Plots Next Growth Phase
Banking Circle has named Kush Saxena as its new Group Chief Executive…
Nubank Pursues a Brazilian Banking Licence to Keep "Bank" in Its Name
Brazil's largest digital bank is chasing a full banking licence…
PayPal Carves Venmo Into Its Own Unit in Three-Way Restructure
PayPal has separated Venmo into a standalone business unit for the first…
dLocal Posts Record Quarterly Profit as Payment Volumes Surge 73%
dLocal, the Uruguay-based cross-border payments specialist, has reported a record first quarter…
Andreessen Horowitz Leads $25M Series A for Saudi Banking Infrastructure Platform Stitch
Andreessen Horowitz (a16z) has led a $25 million Series A round for…
Dubai-based Fasset raises $51m to scale stablecoin neobank across emerging markets
Fasset, the Dubai-headquartered stablecoin-powered neobank, has closed a $51 million Series B…
Bank of England reviews stablecoin regime after industry pushback on deposit and holding limits
The Bank of England is reassessing key elements of its proposed stablecoin…
equipifi raises $34m Series B to scale BNPL for banks and credit unions
US fintech equipifi has closed a $34 million Series B round led…
US Senate confirms Kevin Warsh as Federal Reserve chair in 54-45 vote
The United States Senate has confirmed Kevin Warsh as the next chair…
bunq Files for Full Mexican Banking Licence in Latest Global Expansion Move
bunq, Europe's second-largest neobank, has filed for a full banking…