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/startups

Blockchain data platform Allium raises $16.5m

Allium, a blockchain data platform that works with the like of Visa and Stripe, has raised $16.5 million in a Series A funding round.

/payments

Chase stops customers using credit cards to make BNPL instalment payments

Chase customers will soon be banned from using their credit cards to pay for third-part BNPL instalment plans.

/payments

Brazil's Matera raises $100m from Warburg Pincus for US push

Matera, a Brazilian fintech that has become a significant part of the country's Pix instant payments ecosystem, is targeting North America after securing $100 million in investment from Warburg Pincus.

/payments

Klarna lines up banks for 2025 IPO - FT

Swedish BNPL outfit Klarna is lining up potential financial advisors for a US initial public offering that could happen in the first half of next year, according to the Financial Times.

/retail

Monzo to launch bank account for children

UK digital bank Monzo has unveiled a new account package for children between the ages of six and 15.

/crypto

Zodia Markets acquires Elwood's OTC trading arm

Standard Chartered's digital asset trading arm Zodia Markets has acquired the Jersey-based OTC trading business of Elwood Technologies.

/startups

13books Capital raises £121 million fintech fund

Amid a challenging fundraising environment, London VC 13books Capital has closed a new £121 million fund to invest in the founders building tomorrow’s fintech businesses.

/retail

Tiger Global explores $500m Revolut share deal - Sky News

Existing investor Tiger Global Management is in talks to lead a $500 million secondary share sale for Revolut that would value the UK-based fintech giant at at least $40 billion, according to Sky News.

/payments

Argentinian fintech Tapi raises $22m

Argentinian payments processor Tapi is targeting the Mexican market after securing $22 million in funding.

/ai

Anne Boden quits Starling for new AI venture

Starling Bank founder Anne Boden has quit the board of the challenger bank to pursue a new AI venture.

/wholesale

TruFin shares tank as Lloyds terminates Satago contract

Lloyds Bank has terminated a commercial agreement with invoice financing fintech Satago just two years into a five-year contract.

/retail

Webull opens access to savings marketplace

Digital investing platform Webull has launched Webull Savings, an offering that provides users with access to a marketplace of savings accounts and the ability to move funds quickly between trading accounts and banks.