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Friday, September 12, 2025
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Why So Many Fintech AI Projects Are Failing (And How to Fix Them)

When tech founder and investor Draven McConville implemented GitHub Copilot at his work management platform […]

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Leaked Google Pay screenshots reveal a Google debit card, a rival to Apple's

Google is likely going to push into banking and this could include a parallel to the Apple Card.

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Lunar launches stock trading platform for beginners

Lunar decided to offer simplified stock trading service to people who haven’t traded before but might have more time on their hands than usual.

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Monzo shuts Las Vegas customer support office, 165 employees being let go

Monzo already implemented voluntary employee furloughs and salary cuts in the U.K.

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Safe haven during a crisis? Revolut backs cryptocurrency as one

Last week Revolut announced that it will provide cryptocurrency to all seven million customers.

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Danish digital bank Lunar adds $21.6m to its Series B

Nordic challenger bank Lunar that has offices across Denmark, Sweden and Norway, has landed an additional $21.6 million (€20 million) in Series B funding round.

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Icelandic challenger bank Indó prepared to launch, securing €1 million

The Icelandic challenger called Indó just raised €1m in seed funding in three rounds, with the last one having more than 30% excess demand.

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BNP Paribas buys Banco Sabadell depository unit for €115m

Spanish bank Banco de Sabadell reported yesterday that it agreed to sell its depositary unit to the french BNP Paribas.

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ICICI Bank launches WhatsApp banking services

ICICI Bank just announced the launch of banking services on WhatsApp. This will enable its customers to manage plenty of their banking requirements from their home.

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CTO of UK challenger bank Monzo Meri Williams steps down

Multiple sources confirmed that Meri Williams, who joined Monzo bank in September 2018, announced internally that she was departing.

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Revolut's CFO steps down, cites personal reasons

David MacLean quits Revolut as a chief financial officer after just five months in the role. He has joined Revolut from Metro Bank last July, succeeding Peter O’Higgins.

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Santander buys majority stake in fintech Mercury TFS

Banco Santander announced on Friday it has acquired the majority stake in Mercury TFS, a Spain-based company that specializes in software solutions that automate the end-to-end management of trade finance transactions for corporate customers, for €30 million.

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Barclays app goes through major changes

UK banking group Barclays announced on Wednesday its customers may now securely make payments from current accounts […]

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Credit Sesame launches digital bank account to capitalize on expense management

Credit Sesame introduced Sesame Cash, a free digital bank account as part of a new smart digital banking service that will help consumers grow their cash and credit in one place for free as they spend and save.

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Tandem raises £60m to fund international expansion

Tandem Bank, the UK challenger which sparked reports of its funding nearly a year ago, has finally landed its investment round of £60 million and intends to buy a green lender that helps consumers buy solar panels.

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Starling Bank to create 400 jobs at its new Cardiff office

In a major boost to the growing fintech sector in the Cardiff Capital Region, Starling Bank is investing in new data science, fraud and customer service hub in the city.

  1. The 4th Financial Innovation Forum – Payments & RegTech Arrives in London Read more
  2. Double UK eCommerce Award Shortlisting for Ecommpay Read more
  3. Candescent Appoints Donald Chesnut as Chief Design Officer to Drive Digital Innovation Read more
  4. Meanwhile Sees Unprecedented Demand for BTC Life Insurance, Offers Policy With 0.25 BTC Minimum Read more
  5. Global Payments Announces the Launch of its Genius™ for Enterprise POS Solution Read more
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