The Fintech Occasions Bi-Weekly Information Roundup takes a take a look at the newest fintech tales from world wide on Tuesday 1 July 2025.
Funding and investments
London-based Zango has raised $4.8million, in a spherical led by Nexus Enterprise Companions, a world enterprise capital agency with over $2.6billion capital beneath administration. Different individuals within the newest spherical embody South Park Commons, Notion Capital, No Label Ventures and Begin Ventures.The funds raised shall be used to broaden groups in London & Bengaluru together with constructing out the opposite product modules.
Natech Banking Options has raised over $33million in Sequence B funding to help its enlargement in embedded finance and AI-driven banking options. The Greece-based fintech will use the capital to scale operations, improve R&D in addition to deepen its European footprint. The increase follows the launch of Snappi, Natech’s digital financial institution three way partnership with Piraeus Monetary Holdings.
SMEs based mostly Within the North West of England are more and more turning to revenue-based finance to bolster their companies, to assist with staffing prices, new gear and methods, e-commerce platform growth and digital infrastructure, together with ongoing greater hire and charges, in keeping with lender 365 Finance. The median advance permitted for on-line companies within the area has elevated by 483 per cent year-on-year to £175,000.
Partnerships and collaborations
InComm Funds, a world funds expertise supplier, has adopted Atleos’ ReadyCode API resolution to allow InComm Funds’ fintech and banking companions to supply ATM-based cardless money pickup at over 23,000 ATMs throughout greater than 40 states within the US.
INSHUR, a world insurance coverage supplier for the on-demand economic system, has partnered with Diesta to automate fee operations and help worldwide development. Diesta, a London-based insurtech startup, specialises in automating premium reconciliation and distribution for the insurance coverage trade. The collaboration goals to reinforce effectivity, transparency and scalability throughout INSHUR’s multi-market operations.
Klarna has partnered with checkout platform Bolt to combine its versatile fee choices, equivalent to Pay in 4 and Financing, instantly into Bolt’s CheckoutOS. The transfer permits Bolt’s retailers to supply Klarna with no added technical setup, aiming to spice up conversions, cut back cart abandonment, and broaden Klarna’s attain throughout Bolt’s community of 80 million buyers.
CreditBank PNG has partnered with identification safety agency Entrust to roll out digital and card fee options in Papua New Guinea. The collaboration permits prospects to open accounts on-line, obtain digital Visa playing cards immediately and make contactless funds by way of a cell pockets, supporting CBP’s shift towards digital banking and monetary inclusion within the area.
Firm updates
Prometheum Capital, a subsidiary of Prometheum Inc., has been authorised to supply correspondent clearing companies for blockchain-based securities. This permits third-party broker-dealers to entry custody, clearing, and settlement for on-chain property. The transfer goals to broaden institutional and retail entry to digital securities throughout the framework of federal securities legal guidelines.
UK-based rewards card supplier Yonder has launched two premium debit playing cards, providing customers the identical perks as its credit score merchandise – factors, no FX charges and curated rewards – with no need credit score. The brand new ‘Free’ and ‘Full’ debit memberships cater to customers searching for flexibility in how they spend, aligning with Yonder’s broader mission to modernise on a regular basis monetary engagement.
Argentina-based funds startup tapi has acquired the invoice fee and cash-handling operations of Arcus, a Mastercard firm, in Mexico. Following the acquisition deal, Tapi plans to broaden and strengthen its companies in utility funds, reward playing cards, cell top-ups and money transaction processing.
Viva.com, a European-based neobank and fee expertise supplier, has launched Faucet to Pay on iPhone in Spain, enabling retailers to just accept contactless funds utilizing solely an iPhone and its Terminal app. Working in 23 European international locations, Viva.com provides all-in-one enterprise banking and fee options tailor-made to SMEs, together with card issuing, loans and omnichannel acceptance instruments.
Appointments
LoopFX, the FX liquidity community, has appointed Jonathan Avery as normal counsel and Malcolm Cox as fractional head of selling forward of its launch this month. Avery brings authorized experience from corporations like Citigroup and Aberdeen, whereas Cox strengthens go-to-market technique following senior roles in adtech. The hires help LoopFX’s enlargement and onboarding efforts.
Greek-headquartered neobank Snappi has appointed Kostas Xiradakis as chief business officer. Xiradakis, previously VP of product and development at Viva.com, will oversee advertising, gross sales and buyer expertise. His fintech background and expertise scaling digital merchandise throughout Europe will help Snappi’s development because it expands its customer-first digital banking choices.
Root Platform, an API-first core system for delegated authority insurance coverage, has appointed Cameron Parsons as head of enterprise growth UK. The rent helps Root’s ongoing UK enlargement. Parsons, previously of Uinsure and Smartr365, brings experience in digital distribution and business development to assist Root scale its presence amongst MGAs, brokers and insurers.
