Revolut Faces €3.5m Penalty Over Control Shortcomings
Revolut was fined €3.5m for compliance shortfalls. Authorities noted gaps in customer transaction monitoring practices. Similar fines were imposed on…
Sipay Gains $78M Investment to Expand Its Fintech Services
Sipay raised $78M and valued at $875M recently. Fintech plans include remittance services in emerging markets. Investments will boost product…
MercadoLibre Expands Brazil Investment and Workforce
MercadoLibre increases Brazil investment to support logistic upgrades. The firm expands staff and targets digital banking growth. Market performance shows…
Pennylane Raises €75m to Fuel European Expansion
Pennylane secures €75m to boost European presence. The new capital aids workforce expansion and tech upgrades. Investors back a platform…
Fintech Startup Adjusts Operations Amid Co-founder Strains and Financial Reviews
Co-founders face personal and operational challenges daily. Gen H addresses regulatory issues through financial restructuring. Startup adjustments reflect broader fintech…
Banks and FinTech Firms Embrace GenAI Integration in Financial Services
Banks and FinTech firms jointly foster GenAI advancements. Regulators prepare to manage emerging technology risks. Agile systems and robust data…
GRACE Launches Luxury Item Insurance Model
GRACE secured €5.9M in funding from prominent investors. The model offers immediate coverage and fast claim resolution. Key partnerships extend…
GRACE Secures €5.9M Funding to Support Luxury Asset Protection
GRACE raised €5.9M for luxury asset protection. The solution activates coverage automatically upon purchase. Partnerships support global expansion and efficient…
Integrating Payments Broadens Merchant Capabilities
Integrated APIs simplify multi-channel payment processing. Unified services benefit enterprises and small businesses alike. Consolidated platforms offer real-time fund transfers…
WeeFin Secures €25 Million to Expand ESG Data Platform in Financial Sector
WeeFin raised €25 million to expand its ESG data platform in Europe. The company’s ARR increased fivefold, with 30% revenue…
