Toronto-based Float Financial raises $48.5 million in Series B funding to expand its corporate card and expense management services for Canadian small and medium-sized businesses.
French startup Formance secures Series A funding to develop a comprehensive fintech infrastructure platform, offering a range of modular services for financial management and operations.
Swan, a French fintech startup, has secured €42 million in funding to further develop its embedded banking services, which enable companies to offer financial products at scale.
Singapore-based fintech startup Funding Societies raises $25 million from Cool Japan Fund to expand its SME lending platform across Southeast Asia, addressing the region's working capital challenges.
Google pushes back against CFPB's order for federal supervision, citing 'government overreach' in fraud prevention and error resolution processes
The Consumer Financial Protection Bureau places Google's payment arm under federal supervision, citing consumer protection concerns, prompting Google to file a lawsuit in response.
India's largest retail stockbroker Groww targets IPO valuation between $6-8 billion, seeking to list in 10-12 months, a landmark moment for the country's fintech sector.
Nigeria's Guaranty Trust Bank apologizes to customers for a 7-week service disruption caused by its core banking system switch to Finacle, affecting 32.8 million retail customers and ₦7 trillion in deposits.
India's Unified Payments Interface and RuPay card network are gaining traction, reducing dependence on Western payment networks and offering a template for other nations.
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