Digital Bank Zopa Raises $85 Million
British digital bank Zopa has announced that it has managed to raise 80 million euros (about $85 million) as part of the equity funding round.
British digital bank Zopa has announced that it has managed to raise 80 million euros (about $85 million) as part of the equity funding round.
Revolut Ltd. is facing a lawsuit in the United Kingdom, as a result of which this fintech brand can pay 700,000 euros ($735,880) to a Serbian energy company as part of a fraud claim.
Holiday shopping patterns continuously change reflecting macroeconomic realities, consumer behaviour shifts, and the constant evolution of payment methods. As the season of joy is approaching, we cannot help but wonder what changes current online payment trends have brought to the holiday shopping routine.
Insurance broker Howden on Monday, November 25, released information according to which over the past five years in the United Kingdom, businesses have lost approximately 44 billion pounds ($55.08 billion) due to cyberattacks.
Argentex innovative currency risk management and payment solutions are now available in the UAE
The media reports that the digital bank, which is based in the United Kingdom and at the same time is part of the ownership structure of JPMorgan Chase, the largest financial institution in the United States by assets, presented its first credit card.
Revolut received a trading license from UK financial authorities, allowing it to compete with established trading platforms in the region.
Digital lender Zopa, headquartered in London, is currently on track to double profits and to the growth of annual revenue by more than a third in 2024.
Northern Ireland electricity supplier Share Energy partnered with PayPoint – a business offering a system for paying energy bills at local convenience stores.
The United Kingdom-based fintech company Wise, which specializes in providing digital payment services to consumers, reported profit growth in the first half of the 2025 fiscal year.
Klarna has partnered with John Lewis & Partners to offer its “Pay in 3” BNPL service, allowing customers to spread payments over 60 days with no interest accrued.
Flexible payment network Affirm introduced its BNPL services to customers in the UK marking its first European expansion.
Klarna has announced the opening of the Gift Card Store, which was developed in partnership with a global branded payments provider Blackhawk Network.
The newly introduced Mastercard Move Commercial Payments solution is designed to streamline operations, enhance liquidity management, lower counterparty risk, and offer comprehensive visibility for banks and their clients.
Users checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later can now leverage all the benefits of Klarna flexible payment options.
While some countries are consistently moving towards cashless economies, cash remains prevalent over other payment methods in several regions globally. What are the reasons for such persistence and what can be done to finally move cash from its pedestal?
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.