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- Paragon’s Spring app
Paragon’s Spring app
letting users see balances and make instant or recurring transfers.
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
💰 Turnkey’s $30M raise to fix crypto wallets
🌱 Paragon Bank’s new open banking app “Spring”
🔍 Why fintech leaders are betting big on embedded finance
Source : Paragon Banking Group
Paragon Bank (UK) teams up with open banking tech firm Moneyhub to launch a new high-interest savings app called Spring.
🚨Breaking News:
Moneyhub’s open banking tools will power Paragon’s Spring app, letting users see balances and make instant or recurring transfers.
⚡Wire Simplified –
Spring is a new app by Paragon Bank with high interest and no withdrawal limits.
Moneyhub provides tech to connect other bank accounts via open banking.
Users can view their balances and move money easily in the app.
The integration includes cool features like single payments and smart recurring transfers.
Paragon says it’s part of going fully digital — Moneyhub calls this just the start.
✔️Straight to the Point:
Paragon’s app wants to be your new favorite money home, and Moneyhub is building the plumbing to make it work.
💸 Would you use an app that connects all your bank accounts in one place? |
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Source : Coindoo
Turnkey, a US-based crypto wallet builder, just raised $30 million from big-name investors like Bain Capital and Sequoia.
🚨Breaking News:
Turnkey raised fresh funds to make crypto wallets as easy and secure as using Venmo — with more open-source magic on the way.
⚡Wire Simplified –
Turnkey helps developers add crypto wallets to their apps with open-source SDKs.
Big investors like Galaxy, Sequoia, and Bain Capital are backing them.
Total funding now crosses $50 million — they’re growing fast since 2022.
Companies like Magic Eden and Polymarket already use their tech.
The new money will help grow the team and build even more wallet tools.
✔️Straight to the Point:
Crypto wallets are getting a usability glow-up, and Turnkey wants to be the Venmo of the blockchain world.
Meta taking a 49% stake in Scale AI for $14.8B, investors and employees get paid.
Meta prob wanted to acquire them but didn’t want to go through regulatory approval so found this roundabout scheme.
Alexandr will run Meta’s superintelligence lab, and Scale will find a new ceo
— Sheel Mohnot (@pitdesi)
4:11 PM • Jun 10, 2025
This is in one of the nicest parts of London.
Row on row of migrants in tents between Park Lane.
Very sad to see what is happening to London right now.
More wealth leaving faster than ever.
— Harry Stebbings (@HarryStebbings)
5:54 PM • Jun 10, 2025
Blockchain Expo Europe 2025
While primarily blockchain-focused, this event includes significant FinTech topics such as digital payments, smart contracts, and decentralized finance.
Date: September 17–18, 2025 | Location: Amsterdam, Netherlands
Canada FinTech Forum 2025
This event is the largest FinTech gathering in Canada, bringing together key players from the finance and technology sectors.
Date: October 2025 | Location: Montreal, Canada
Hong Kong FinTech Week 2025
One of Asia’s premier FinTech events, featuring speakers, panels, and exhibitors showcasing innovations in finance and technology.
Date: November 2025 | Location: Hong Kong
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