Banking
MoonPay creates new venture division to fund early-stage start-ups
Crypto payments infrastructure company MoonPay has launched MoonPay Ventures, its investment arm, aimed at supporting early-stage fintech and Web3 startups with capital, mentorship, and...
AI
ICYMI fintech funding round-up: Zanifu, Koverly, Micronotes & more
Fintech start-up Zanifu secures $11.2 million for African expansion. B2B payment provider Koverly raises $7.6 million for FX payment platform. Micronotes adds $2 million...
Banking
Bank of England forms CBDC Academic Advisory Group for proposed digital pound
The Bank of England and HM Treasury have established the CBDC Academic Advisory Group (AGG) to create a comprehensive architecture for the digital pound,...
AI
Naga integrates Rezolve AI into its social trading platform
German fintech Naga partners with London-based Rezolve to incorporate the AI platform Brain into its social trading app, enhancing user experience and providing real-time...
Banking
Garanti BBVA Financial Technologies launches new venture for digital assets
Garanti BBVA Financial Technologies, a subsidiary of Garanti BBVA, is entering the digital asset arena with its venture named Garanti BBVA Digital Assets, offering...
Blockchain
PayPal launches US dollar stablecoin PayPal USD
PayPal is launching a fully-backed stablecoin, PayPal USD, backed by US dollar deposits and similar assets, aiming to enhance payments in Web3.
FactsPayPal is...
Banking
Revolut halts crypto services in the US citing “evolving regulatory environment”
Challenger bank Revolut will halt access to cryptocurrencies for US customers starting October 3, citing regulatory uncertainties and the evolving crypto market.
FactsChallenger bank...
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