Newsletter

A consortium led by Stripe and private-equity firm Advent International has reportedly abandoned an attempt to acquire PayPal after the payments company rejected an offer valuing it at more than $53 billion. Elsewhere, Deutsche Bank has selected Thought Machine to support a major replacement of its German retail-banking systems, BitGo has acquired NYDIG’s institutional trading

The UK government plans to give the Bank of England a new statutory objective to support innovation in payments and digital money, while the European Central Bank is developing infrastructure for settling tokenised assets in central bank money. Elsewhere, the Bundesbank has called for closer integration between Wero and the digital euro, FV Bank has

UK fintech investment has fallen to its lowest level in a decade, even as global funding increases and capital flows toward companies connected to artificial intelligence. Today’s FinTech Daily Digest also examines Binance’s new infrastructure for AI trading agents, Stripe’s expansion into business money management in Australia, preliminary approval for a new digital bank in

Today’s FinTech Daily Digest examines Experian’s move to bring personalised credit scores into ChatGPT, Revolut’s application to establish a Finnish bank branch and two developments showing how quickly payment infrastructure for AI agents is evolving. Other notable stories include Monzo activating its independent backup bank during an outage, BitGo securing regulatory registration in South Korea

Today’s fintech briefing also covers Kraken’s expansion into US stocks, Klarna’s improving profitability and reduced outlook, Stripe’s Australian treasury launch, PicPay’s ChatGPT integration and Revolut’s mortgage ambitions. The US Securities and Exchange Commission has proposed a dedicated fundraising framework for cryptoassets, potentially giving token issuers a clearer route to raising capital without relying entirely on