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Lovey Secures £250M to Expand SME Lending
Hey FinTech Fanatic!
Small businesses often struggle to get the financing they need to grow. Birmingham-based FinTech Lovey is looking to change that, securing a credit facility of up to £250 million from Pollen Street Capital, the largest funding deal in the company’s history.
The facility includes £50
OPay Targets $4.4B Valuation in US IPO
Hey FinTech Fanatic!
African FinTech is heading back to Wall Street. OPay, the SoftBank-backed payments company focused on Nigeria, is targeting a valuation of up to $4.42 billion in its US IPO, aiming to raise as much as $366 million.
Founded in 2018, OPay offers digital payments and
The FCA moves to clarify the rules for DeFi and crypto
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The UK is getting closer to its new crypto regulatory framework, and the FCA wants the industry to help shape the rules before they take effect.
The regulator has launched two consultations: one on how existing requirements around operational resilience and financial crime apply to firms using
Whop raises $200M at a $5.1B valuation to build businesses in the AI Era
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What if, instead of worrying about AI taking your job, you could use it to build a business of your own? That’s the idea behind Whop, which has just raised $200 million at a $5.1 billion valuation, in a round led by Sequoia and Shopify
Paddle brings billing into AI workflows
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One story that caught my attention today is Paddle’s new AI Toolkit, which lets developers set up, test and manage billing directly from tools like Claude Code, Cursor, and Gemini CLI.
As Paddle’s Chief Innovation Officer Andrew Davies put it, “The companies being built today
Google Cloud outage takes down Revolut and other essential services
Hey FinTech Fanatic!
One story that caught my attention today is Google Cloud’s outage, which disrupted banks, businesses and essential services across the UK, and showed just how much depends on a handful of infrastructure providers.
The incident was traced to a “power event” affecting Google’s London-based