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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 Delhi High Court ordered the winding up of Paytm Payments Bank Limited after the RBI cancelled its banking licence in April 2026 for persistent non-compliance. Girikumar M. Nair was appointed Offi...

On May 22, 2026, the FDIC proposed rules setting AML/CFT and sanctions compliance standards for permitted payment stablecoin issuers under the GENIUS Act. The proposal aligns PPSI oversight with FinCE...

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.

The RBI imposed a monetary penalty on Shri Ram Finance Corporation Private Limited. The action was announced on Aug 21, 2026, citing non-compliance with regulatory directions.

SEBI issued a show-cause notice to Paytm executives over the timing of the company's 2023 disclosure that it was curbing small personal loans. The notice followed an RBI clampdown on Paytm's lending a...

The RBI fined Fusion Finance Limited ₹2.70 lakh on Aug 14, 2026, for failing to maintain a periodic review system for customer risk categorisation under KYC rules. The lapse was identified during a st...

The RBI imposed a monetary penalty on Progfin Private Limited on Aug 21, 2026. The action targeted non-compliance with RBI directions on governance and KYC requirements.

The Reserve Bank of India imposed a penalty of Rs 2.70 lakh on Progfin Private Limited, an NBFC linked to embedded finance and BaaS ecosystems, for KYC non-compliance. Progfin failed to implement a sy...

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...

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...

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...

Cross River Bank committed to purchasing up to $250 million in crypto-backed loan assets from Figure Technology Solutions under a forward-flow agreement announced Jun 4, 2026. The deal provides Figure...

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...

Prime Bank signed a fintech partnership with Shamadhan Services Limited on Jun 15, 2026. The agreement enables Prime Bank customers to transfer funds to Shamadhan accounts via the MyPrime App and Sham...

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...

K-Bank signed an MOU with BPMG and HashKey Global on Jul 21, 2026, to cooperate on blockchain-based overseas remittance and payments. The partners plan a proof-of-concept for a Korea-Hong Kong remitta...

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...

Klarna submitted applications to the Utah Department of Financial Institutions and the FDIC on Jul 6, 2026, to establish Klarna Bank USA as a Utah-chartered industrial bank. If approved, the entity wo...