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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.

/retail

NatWest launches banking app on Apple Vision Pro

Natwest has made its banking app available on Apple Vision Pro, the tech giant's smart googles which blend digital content with the physical world to create new immersive experiences.

/ai

MAS to fund quantum and AI projects for financial sector

The Monetary Authority of Singapore is to commit $100 million in grant funding to support the development of AI and quantum computing technologies in the financial sector.

/wholesale

Meridien acquires 27% stake in DKK Partners

Meridien, a US holding company which specialises in the global payment, CRM and banking industry, is to acquire a 27% stake in London fintech firm DKK Partners as it prepares to list on the New York Stock Exchange.

/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

JP Morgan invests in B2B payments platform Slope

JP Morgan is making an equity investment in, and providing a debt facility to, AI-led business-to-business payments platform Slope.

/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.