Wednesday, February 5, 2025
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Navro Expands Global Reach with Canadian FMSB Registration

Canadian Approval: Navro, formerly Paytrix, has secured a Foreign Money Services Business (FMSB) registration in Canada, enabling it to offer money transfer services...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company based in London, laid off 71 employees—roughly 25% of its workforce—in September to streamline operational...

Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

Strategic Acquisition: Amundi, Europe’s leading asset manager with €2 trillion AUM, has acquired Aixigo, a German provider of API-based wealth management software, for...

UK Government Unveils Strategy to Boost Financial Services Growth and Innovation

Driving Competitiveness in Finance: The new Labour government, led by Chancellor Rachel Reeves, announced plans to reform financial regulations to prioritize growth, competitiveness,...

Latest Fintech Funding Highlights: Startups Reshaping Payroll, Data Analytics, and Financial Services

Tako Raises $13.2M for Payroll Automation: Brazilian HR and payroll fintech Tako has secured $13.2 million in seed funding. Its platform streamlines HR...

Bank of Valletta Partners with Profile Software for Portfolio Management Upgrade

Bank of Valletta (BOV), Malta’s largest financial institution, has selected Profile Software’s Axia Suite to enhance its portfolio management and investment services. The...

Klarna IPO, New York Stock Exchange, fintech news, Klarna valuation, BNPL IPO

Swedish buy now, pay later (BNPL) leader Klarna has officially announced its decision to pursue its initial public offering (IPO) on the New...

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