1. Bunq accelerates US expansion as profits rise
Dutch digital bank Bunq is expanding into the US market after reporting a 65% profit increase to €85.3 million, bolstered by a rise in interest income. Source
2. Banked acquires VibePay backed by Nick Candy
Banked has acquired VibePay, a peer-to-peer payments fintech, in an all-share deal that gives Nick Candy a 25% stake in the combined entity valued over $100 million. Source
3. BKN301 raises $20M in Series B funding
UK-based BaaS fintech BKN301 has successfully secured €18.6 million in its Series B funding round to enhance its banking-as-a-service offerings and expand its market reach. Source
4. SAS secures $55M for payment solutions
SAS has raised $55 million in a Series B funding round to enhance its stack of payment solutions, aiming to expand its services and market presence. Source
5. Banked expands global reach with VibePay
Banked’s acquisition of UK-based VibePay aims to enhance its global pay-by-bank strategy, integrating services for a wider customer base. Source
6. No proof of intentional cable damage by ship
Swedish authorities found no evidence that the Chinese vessel Yi Peng 3 intentionally severed Baltic cables, concluding the incident was likely accidental. Source
7. NVIDIA to manufacture AI supercomputers in the US
NVIDIA has announced plans to manufacture AI supercomputers in the US for the first time, partnering with companies to enhance domestic production capabilities. Source
8. Xantaro partners with Freedom Fibre for rollout
Xantaro has partnered with Freedom Fibre to deploy a full-fibre network across Shropshire, utilizing cabinet-as-a-service solutions for enhanced connectivity. Source
9. Newmont uses 5G teleremote dozer fleet
Newmont is implementing a world-first 5G teleremote dozer fleet in collaboration with Ericsson, enhancing operational efficiency and safety in mining. Source
10. TIM finalizes $760M Sparkle sale
Telecom Italia has approved the sale of its wholesale unit Sparkle to Boost BidCo for €700 million, aiming to streamline operations and enhance focus on core services. Source
11. Windstream and Ciena boost 400G capacity
Windstream Wholesale has partnered with Ciena to enhance 400G network capacity across the Southeast US, improving connectivity and service offerings. Source
12. Vertiv launches modular AI data centre system
Vertiv has introduced an all-in-one modular system designed to accelerate AI data centre deployments, enhancing efficiency and scalability for operators. Source
13. Meta faces backlash over moderation cuts
Meta is under scrutiny for recent cuts to its content moderation team, raising concerns about the impact on user safety and platform integrity. Source
14. BT Ireland unit sale gets approval
BT has received approval for the sale of its Ireland unit, marking a significant step in its strategy to streamline operations and focus on core markets. Source
15. Intel sells Altera to Silver Lake
Intel has completed the sale of its Altera business to Silver Lake for $8.75 billion, aiming to focus on core semiconductor operations. Source
16. Giffgaff launches full-fibre broadband trial
Giffgaff has initiated a full-fibre broadband trial on the Nexfibre network, aiming to enhance its service offerings and customer experience. Source
17. Xantaro to provide services for Freedom Fibre
Xantaro is set to deliver cabinet-as-a-service for Freedom Fibre’s Shropshire rollout, facilitating improved connectivity and infrastructure development. Source
18. Deutsche Telekom and Qunnect showcase quantum internet
Deutsche Telekom and Qunnect have demonstrated the foundations for a quantum internet in Berlin, marking a significant advancement in secure communications technology. Source
19. Ericsson focuses on supply chain resilience
Ericsson is emphasizing supply chain resilience to better serve the increasingly US-dependent market, ensuring robust operations amid global challenges. Source
