TaxDown secures €4M from BBVA Spark to enhance its AI solution

Madrid-based TaxDown hassecured €4 million in financing from BBVA Spark. The funding is supported bythe European Union’s NextGenerationEU program and the European Investment Fund(EIF), with additional…

Revolut makes fresh bid for US licence

Revolut is making a fresh attempt to secure a US banking licence, it said today, as it scaled up its ambitions on the US market.Revolut, valued at $75bn, hailed the filing for the US bank charter with…

How Royal Bank Of Canada Is Embracing Digital Wallet Innovation

RBC reveals how the bank is moving beyond plastic payment cards to turn personal bank accounts into high-utility digital wallets.

Silverflow raises $40M Series B to expand cloud-native payments platform

Silverflow, a cloud-nativepayment processing company, has closed a $40 million Series B funding round ledby Picus Capital, with participation from Rabo Investments and existinginvestors Inkef, Global …

X taps William Shatner to give out invites to its payments service, X Money

42 X users donated to William Shatner’s charity in exchange for an early invite to X Money beta.

Diligent AI raises $2.5M to support KYC and AML teams with AI agents

London-based Diligent AI,a Y Combinator-backed startup developing autonomous AI analysts for financialcrime compliance, has raised $2.5 million in seed funding. The round was led bySpeedinvest alongsi…

Stripe wants to turn your AI costs into a profit center

Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on underlying AI model fees.

Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay

The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion).

Polymarket saw $529M traded on bets tied to bombing of Iran

Six newly-created accounts made a profit of $1 million by correctly betting that the U.S. would strike Iran by February 28.

OpenAI fires employee for using confidential info on prediction markets

The company said such trades violates its internal company policies about using confidential information for personal gain.