Digital Banks Over Megabanks, Climate Fintech on Radar, Fintech x 🇺🇦

A new study of Americans’ checking account relationships underscores the growth of digital banks and fintechs like Chime, PayPal, and Square—and the decline of megabanks like Bank of America, JPMorgan Chase, and Wells Fargo.

Visas, donations and industry coordination is starting to build up.

Just three months after the first wave of its Series B, Payhwawk has just extended its funding to €191 million. Founded in Sofia, and with offices in London, Sofia, Berlin, and Barcelona, Payhawk is now growing at a rapid pace for its payment and expense solution.

International cross-border payment provider, Finaro announced yesterday that the company has entered into an agreement with Shift4.

Zeller, the Australian neobank for SMBs, has raised a $100 million AUD Series B (about $72.7 million USD), doubling its valuation to more than $1 billion AUD (about $727 million USD). The funding was led by Headline, with participation from Australian superannuation fund Hostplus. Returning investors included Square Peg, Addition and Spark Capital.

Delio, a UK fintech which connects capital raisers, financial institutions and investors in private markets, has secured $8.3m growth funding led by Octopus Ventures.

Frankfurt-based fintech investor CommerzVentures has closed its third fund at €300 million to focus on early and growth-stage companies in the fintech and insurtech sectors

So-called “Ethereum killers” are building momentum, including a growing share of the NFT market. Here’s a closer look at four of the top competitors.

Bitcoin miners brought in $1.06 billion in revenues during February 2022, according to data compiled by The Block Research.

Are fintech startups playing offense or defense today?

The UK’s top finance watchdog said Thursday that 50 crypto firms are under active investigation.

The rise in popularity and demand for cryptocurrencies has made several online platforms add crypto payments options.