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CY · Central Bank of Cyprus EMI license; FCA authorized

UK · FCA / BaFin

UK · FCA

UK · N/A — Technology Provider

UK · FCA / Central Bank of Ireland

HK · N/A — No specific open banking regulator in HK

NG · Central Bank of Nigeria (via partner banks)

The FCA fined Sigma Broking Limited £1,087,300 for transaction reporting failures. The base fine was doubled and a 40% aggravation increase was applied due to repeat offenses and failure to self-repor...

The FCA imposed requirements on Viola Money (Europe) Limited, an authorised electronic money institution, to cease all regulated electronic money and payment services on 14 December 2021 due to seriou...

The FCA fined Dinosaur Merchant Bank Limited £338,000 for market abuse and systems failures. The firm was categorized under electronic money and payment institutions.

PagoNxt, Santander's payments fintech subsidiary, acquired a 70% stake in MIT, a technology partner, to accelerate the expansion of its Getnet merchant payments platform in Mexico and Latin America. T...

Paysend, an international remittance and money transfer platform, raised $20 million in funding led by MARCorp. The company enables card-to-card cross-border transfers, providing embedded payment infr...

Mitek Systems and Signicat partnered to enhance digital customer onboarding for financial institutions. The collaboration integrates Mitek's identity verification technology with Signicat's digital id...

House Select Subcommittee on the Coronavirus Crisis Chairman Jim Clyburn sent a letter to Cross River Bank on May 27, 2021, investigating the fintech-bank's role in Paycheck Protection Program fraud. ...

WebBank announced a $250 million investment commitment in Avant's loan securitization program. WebBank, a prominent BaaS sponsor bank, deepened its financial relationship with fintech lender Avant. Th...

Seattle-based digital remittance service Remitly raised $220 million ($135M equity and $85M debt) in a Series E round, nearing a $1 billion valuation. The funding supports growth in its cross-border m...

Old Hill Partners upsized its funding commitment to ByzFunder up to $40 million to support the fintech's business financing growth. The expanded facility enables ByzFunder to scale its SME lending ope...

Elavon, a U.S. Bancorp subsidiary, committed to a three-year sponsorship of Georgia Tech's ATDC FinTech program to mentor early-stage fintech startups on payments integration and growth. The program s...

Boxo partnered with Nium to offer a white-label remittance platform that mobile app developers can integrate via SDK. The solution enables seamless cross-border transfers within existing apps. The par...

The OCC issued Conditional Approval 1281 for Summit National Bank (Hulett, Wyoming) to establish a FinTech Division offering traditional banking products to fintech-sourced customers. The approval was...

Brightwell partnered with Dash Solutions (formerly Prepaid Technologies) to expand its remittance capabilities with enhanced fraud prevention features. The partnership strengthens Brightwell's platfor...

Japanese fintech Digital Wallet merged with Seven Global Remit, a subsidiary of Seven Bank, on April 2, 2024. The merger enables Digital Wallet's Smiles Mobile Remittance service at Seven Bank ATMs ac...

Leap Financial and Mastercard launched a white-label embedded remittance solution enabling banks, fintechs, retailers, and telcos in Latin America to integrate a 'request remittance' button into their...

Celcoin, a Brazilian Banking-as-a-Service provider, announced a $125 million investment led by Summit Partners. The deal represents one of the largest BaaS-related funding rounds in Latin America in 2...

Brightwell announced integration of its ReadyRemit cross-border payments platform with Q2's digital banking platform via the Q2 Partner Accelerator program. The integration enables financial instituti...

The New York Department of Financial Services approved virtual currency and money transmitter licenses for a SoFi subsidiary. The approval enables SoFi users to trade Bitcoin, Ethereum, and Litecoin o...

Proxymity, spun out from Citi, raised $20.5M from major banks including HSBC, JP Morgan, and Deutsche Bank. The company provides real-time API-driven platforms for investor communications, proxy votin...

Stripe received approval from the Georgia Department of Banking and Finance for a Merchant Acquirer Limited-Purpose Bank (MALPB) charter. This enables Stripe to process Visa and Mastercard transaction...

Bolivian bank Banco Ganadero teamed with global payments infrastructure provider TerraPay to enable real-time remittances. The partnership brings faster cross-border payment capabilities to Bolivia. T...

The Basel Committee on Banking Supervision published 'Sound Practices: Implications of Fintech Developments for Banks and Bank Supervisors.' The guidance addresses risks and opportunities from bank-fi...