How Lithic Enhanced Real-Time Transaction Monitoring With Taktile
Weekly news up to Tuesday, 29th of July 2025
👀 NEWS HIGHLIGHT
As FinTechs scale, so does the need for their systems to keep fraud and money laundering at bay. For Lithic, a leading financial infrastructure provider, this means building on strong foundations to stay ahead of emerging threats.
To further strengthen its sophisticated risk strategy and unlock greater agility across its payment programs, Lithic turned to Taktile’s AI-powered Decision Platform—ushering in a new era of intelligent, adaptive transaction monitoring.
NOW, ON TO THE SUMMARY OF LAST WEEK'S NEWS
🌎 FINTECH HIGHLIGHTS
⭐️ Coinbase Sues German Man Over coinbase.de Domain.
⭐️ Crédit Agricole Italia and Nexi Renew Their Strategic Partnership Until 2029.
⭐️ NatWest adopts Pexa digital remortgage platform.
⭐️ Nottingham Building Society appoints Russ Thornton as CTO.
FINTECH
Square launches data-driven cash advances in the UK. Businesses can access simple funding to grow their business and keep operations running smoothly. Whether a restaurant owner, retail merchant, or beauty salon, fast and easy access to funds helps sellers manage daily expenses without delay and with no interest.
Cleo CEO teases IPO after AI FinTech doubles revenue. The company’s annual results reveal a previously undisclosed fundraising from existing investors. Announcing the results, the CEO and founder claimed Cleo will soon reach $500m annual recurring revenue while floating the idea of a London or NYC public listing.
PAYMENTS
FinTech firm PayPal to create 100 new jobs in Ireland. The 100 new positions will be in highly skilled data science roles, spanning a range of specialties, including AI engineering, data science, software development, risk modelling, and cybersecurity.
Wise co-founder accuses £10bn FinTech of 'misleading' investors. Taavet Hinrikus's investment vehicle, Skaala, said Wise's claim that its proposals to extend its dual-class share structure by a decade when it moves its main listing to the US should have been updated through a formal stock exchange announcement.
Mastercard unveils AI Card Design Studio: A smarter, faster way to design your perfect card. The tool enables the creation of stunning cards with a single click, streamlining market readiness and enhancing brand impact. Read more
PayPal dominates web store payments in Germany, but Apple Pay reigns in the UK. A new report from the direct-to-consumer payment platform Appcharge reveals regional differences in payment preferences. Keep reading
Wise turned to the US as some investors pushed back on dual shares. Wise's plan to shift its primary listing out of London gathered momentum after some existing shareholders rebuffed a proposal that would have allowed Chief Executive Officer Kristo Käärmann to keep his so-called golden shares for many more years.
REGTECH
IDenfy adds Sweden’s BankID verification. The new integration is particularly valuable for strictly regulated sectors, such as FinTech, banking, and other online financial services, to ensure better adoption and accessibility of various online platforms through a log-in and onboarding method familiar to the Swedish audience.
DIGITAL BANKING
With Portuguese IBAN, Revolut reaches high-interest deposits. The launch of the branch in Portugal is expected to provide a new boost to Revolut, which has nearly 1.9 million customers in the country. The FinTech's CEO revealed to Negócios that deposits will begin to be accepted in August.
Finom expands credit lines to all eligible customers in the Netherlands. Key features include credit lines from €2,000 to €50,000 with six-month repayment terms, decisions are delivered within minutes through proprietary AI-powered credit assessment, flexible repayment options with no penalties for early repayment, and a simplified application process fully integrated within the Finom platform.
N26 expands Ready-Made Investment Funds across Europe. Users in Portugal, Poland, Slovakia, Estonia, and Lithuania can now choose from three professionally managed funds, each aligned with different investment goals and risk levels. These funds are designed for convenience and simplicity, offering a straightforward entry point into investing without requiring prior expertise.
Atom Bank founder Anthony Thomson announces plans to launch his fourth bank. Anthony Thomson plans to raise £100m in an initial fundraising for the fresh venture, a global bank aimed at family offices and ultra-high net worth individuals. He says early interest “has been extraordinary”.
Greece cracks down on bank fees with new legislation. The Greek Finance Ministry has introduced sweeping changes to bank transaction policies that will eliminate charges for cash withdrawals from ATMs starting August 11, in a move aimed at protecting consumers and promoting digital banking services.
CRYPTO
Clear Junction launches on-chain stablecoin transfers service for regulated institutions. The service allows clients to send, receive, and convert stablecoins, starting with USDC (Circle) and USDT (Tether), across the Ethereum, Solana, and Tron blockchain networks.
Revolut reboots crypto services after legal freeze. It is now allowing users to access depositing, releasing, and staking rewards through its app. This comes after a full suspension of crypto features in early July, following restrictive legal changes passed in June by parliament.
PARTNERSHIPS
Solidgate teams up with Tuum to power global money movement. Tuum Solidgate Treasury marks a major step in powering global B2B payments through modern FinTech infrastructure. This partnership enables seamless cross-border transactions for digital businesses, offering speed, scalability, and security.
Trustly and Virgin Media O2 partner to revolutionise payments with cutting-edge pay by Bank Solutions. The partnership will enable VMO2 to streamline payments and onboarding processes as part of its commitment to making customers’ lives easier.
Afin Bank seals distribution partnership with Norton Finance. With Norton’s insight and distribution network, the bank will be able to reach the advisers and clients who will benefit most from a lender that looks at the full picture and not just a credit score.
DONEDEAL
Lightyear closes $23M and launches AI-powered market intelligence. Access to clear, high-quality insights on stocks, funds, and market sentiment is often restricted by paywalls and subscriptions. These new features aim to change that, unlocking expert analysis and financial news, all summarised within the context of each user’s portfolio.
H1 2025 FinTech Investment Landscape. This report provides a detailed look at investment activity across regions, highlighting emerging trends, standout deals, and perspectives from Innovate Finance members and the wider venture ecosystem. Continue reading
M&As
Marex to acquire Winterflood Securities for £103.9M. The acquisition is expected to enhance Marex’s existing UK cash equities business, consistent with its strategy to bring new clients and new capabilities onto its platform and diversify earnings.