Allica and ClearBank Post Profits as Expansion Plans Unfold
Allica Bank and ClearBank achieve profits with strategic expansions. Both banks show significant growth in loan books and client acquisitions.…
Wise Experiences Surge in Transactions Before Nasdaq Listing
Wise's cross-border transactions rose 26% in the fourth quarter. The company introduced a current account to challenge retail banking. Wise…
GoCardless Records Profit Pursuit with Revenue Surge Amid Restructuring
GoCardless experienced a significant annual increase in revenue in 2025. Restructuring efforts included redundancies and enhanced operational hubs. Fraud management…
Round Secures $6 Million to Advance AI Financial Automation
Round raised $6 million in seed funding from top investors. New products aim to automate and simplify financial operations. The…
Velera Expands Program to Provide New Opportunities for Credit Unions
Velera expands its Fintech Engagement Program for credit unions’ competitive edge. Six new FinTech partners include companies like Coverbase and…
Revolut Introduces First AI Financial Assistant to Simplify Banking
Revolut unveils AI assistant for improved financial management. AI is becoming central in fintech, aiding customer service and efficiency. Strong…
Trustly Surpasses 120 Million Users Globally
Trustly has reached over 120 million global Pay by Bank users. This growth reflects a shift towards digital and secure…
Coinbase Gains Approval for Trust Charter Sparking Banking Industry Debate
Coinbase secures OCC approval for national banking trust charter. The ICBA strongly opposes, citing consumer risk concerns. Coinbase clarifies focus…
Bolt Reduces Workforce as AI Strategy Shapes Operations
Bolt cuts workforce by a third to address financial issues. AI integration is pursued to enhance operational efficiency. Equity compensation…
Monzo Shifts Focus Back to Europe, Exits US Market
Monzo departs the US, concentrating on UK and Europe growth. Layoffs impact 50 employees; US accounts active until June. European…
