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January, 2025

January, 2025

Wise Launches In Mexico to Tap $28 Billion Remittance Market
Cross-border payments provider Wise is continuing its Latin American expansion by launching in Mexico. The London-based company announced in a news release Thursday (Jan. 30) that users will now b...
Deutsche Bank to Become ‘Even More Technology Driven’ While Cutting Costs
Deutsche Bank plans to continue cutting costs by reducing headcount, adding technology and possibly closing business units, executives said Thursday (Jan. 30). “We are determined to make this bank m...
Swan Raises $43 Million to Expand Embedded Banking Services
French FinTech Swan has raised $43 million to expand its embedded banking offering. The company says the new funding, announced in a Thursday (Jan. 30) blog post, will allow it to hire more staff,...
SoftBank Reportedly Weighs $25 Billion OpenAI Investment 
SoftBank is reportedly in discussions to invest up to $25 billion into OpenAI. The deal, as reported by the Financial Times (FT) and other outlets Wednesday (Jan. 29) evening, would see the Japanese c...
European Central Bank Lowers Rates by 25 bps, GDP Disappoints
The European Central Bank (ECB) has lowered its benchmark rate by 25 basis points (bps) to 2.75%. The Bank issued a statement explaining that the “disinflation process is well on track” as price i...
Moon Pursuit Capital’s Utkarsh Ahuja Sees Big 2025 for Crypto
Moon Pursuit Capital founder and managing partner Utkarsh Ahuja’s spent a decade in cryptocurrency, and he believes 2025 could be the biggest year yet. The combination of tokenization and deregulati...
European Investment Platform Mintos Announces Expansion of Bond Offering
Mintos, the investment platform that helps generate passive income via diversified investments, announced an expansion of its bond offering. This update reportedly provides investors with access to a ...
Fintech Investment Director at Lloyds Banking Group Highlights Key Financial Technology Trends for 2025
Kirsty Rutter, the Fintech Investment Director at Lloyds Banking Group, highlights the key trends expected to shape the fast-evolving fintech industry in 2025. Despite various challenges, the UK finte...
Regtech Sumsub Joins Payments Association EU
Regtech Sumsub announces its membership into the Payments Association EU, an industry group of stakeholders in the payments sector that fosters commercial connections between businesses and advocates ...
Microsoft makes OpenAI’s o1 reasoning model free for all Copilot users
Microsoft is bringing OpenAI’s o1 reasoning model to all Copilot users this week. You won’t need to subscribe to...
Newswire > January, 2025
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