FinTech Futures: Top five news stories of the week – 17 January 2025
Our pick of the top fintech news stories this week includes Capital One, Goldman Sachs, Amazon and more.
Digital
News, intelligence and resources on the global fintech industry including topics such as digital.
ICYMI fintech funding round-up: Hyperline, Nilus, Klearly, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Amazon inks deal to acquire Indian BNPL fintech Axio
The deal follows a six-year equity partnership between Amazon and Axio.
New year, new bank?
In 2025, it feels like we are entering a new era of innovation.
Block fined $80m by US state regulators over alleged violations of BSA and AML rules
The settlement follows a multistate enforcement effort involving 48 US state financial regulators.
Texas-based Prosperity Bank streamlines collections processes with Akuvo
Prosperity Bank operates 285 branches across Texas and Oklahoma and manages around $40 billion in assets.
What do financial institutions in CEE, DACH, Nordic, and US markets need to know about cybersecurity in 2025? Finding appropriate responses to evolving threats in various markets
How to prepare for upcoming cyber challenges to stay compliant, secure, and ready for 2025 and beyond.
NCR Atleos CFO Paul Campbell steps down, Andy Wamser appointed as successor
Wamser joins NCR Atleos from BlueLinx, where he has served as senior vice president and CFO.
Boost Payment Solutions appoints Rinku Sharma as new CTO
Sharma succeeds Rick Kenneally as CTO, who retired last year after serving since 2020.
US fintech Brex secures $235m revolving credit facility with Citi and TPG Angelo Gordon
The facility will be used to support Brex’s corporate card offering.
Chainalysis acquires AI fraud detection solution Alterya
Alterya’s technology and team will now be integrated into Chainalysis’ blockchain data platform.
Srini Rajamani appointed CEO of Opus Technologies to spearhead innovation and growth
New CEO Srini Rajamani has a visionary approach and extensive industry expertise in banking and financial services.
MoonPay acquires Helio to enhance crypto payment services
The all-equity deal is valued at $175 million, according to a Fox Business report.
MDT promotes Chris Kowal to CEO with Larry Nichols set to retire
Kowal has served as MDT’s chief financial officer since 2008.
NBKC Bank in Missouri joins NCR Atleos’ Allpoint Network
The network will enable NBKC account holders to access 55,000 additional ATMs worldwide.
Gemini bolsters European expansion efforts with new leadership additions
Gemini has named Mark Jennings as head of Europe and Daniel Slutzkin as head of UK.
Unit4 appoints outgoing Finastra CEO Simon Paris as new chief
Paris takes the reins from Mike Ettling, who has served as Unit4’s CEO since 2019.
Cartoon: The big picture
A new cartoon illustrating how people tend to see the opportunities of AI through a limited lens.
Bullish Group secures cryptoasset licences in Germany, names new managing director
Bullish has secured cryptoasset custody, proprietary trading, and principal brokerage licences from BaFin.
Former Uber CFO Nelson Chai joins DailyPay board as executive chair
Chai joins the DailyPay board following a five-year tenure as CFO of Uber.
Beyond quantum computing: exploring real-world applications of quantum technology
Quantum isn’t just the future — it’s the present. And it’s here to stay.
US healthcare fintech Anatomy Financial secures $19m in Series A funding round
The Series A follows a $7.6 million seed funding round secured by the start-up in February.
Simon Paris steps down as Finastra CEO, Chris Walters appointed as successor
Paris is stepping down as Finastra’s CEO after more than six years in the role.
US fintech Onbe names Sayid Shabeer as new chief product officer
Shabeer joins Onbe from HighRadius, where he served as CPO for six years.
Top ten e-invoicing challenges for multinational companies
How to successfully navigate e-invoicing challenges to be well-positioned for growth and long-term success.
Video: YouLend at Money20/20 USA 2024 – Fuelling business growth with embedded financing
YouLend’s Ted Kirk discusses how the company’s embedded financing products can help businesses grow.
Tranch acquired by Elite to enhance payment solutions for global law firms
Elite says acquiring Tranch will improve its ability to “augment” law firms’ financial processes.
Preparing for DORA: countdown to the 17 January deadline
In an increasingly complex digital world, putting DORA into practice will prove to be a massive undertaking.
Pemberton Capital Advisors partners Broadridge for portfolio management tech
Pemberton has selected Broadridge’s Sentry Private Credit Portfolio Management solution.
US VC Accel unveils $650m fund to invest in Indian start-ups
Accel claims the fund arrives as India’s start-up ecosystem reaches a “critical inflection point”.
Demystify Podcast: Demystifying DORA with Simon Phillips of SecureAck and Alex Tasioulis of Cloudified.io
In this podcast episode, hosts Dave and Dharm demystify DORA and explore why it matters for financial institutions.
Ryan completes $518m acquisition of Altus Group’s property tax services business
As part of the deal, Ryan has also acquired Altus’s itamlink property tax management solution.
Thomson Reuters acquires tax and accounting automation software firm SafeSend for $600m
Thomson Reuters says it expects SafeSend to “generate approximately $60 million of revenue in 2025″.
Employer.com buys Canadian fintech Bench Accounting for undisclosed sum
Founded in 2012, Bench provides a suite of SME-focused bookkeeping, tax filing, and advisory services.
US banking technology start-up Infinant lands $15m in Series A funding round
Infinant’s Interlace banking platform is built to sit on top of and integrate with banks’ existing core systems.
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2024: Top five new launch stories of the year
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