Luno Layoffs Hit 20% of Global Workforce as Automation Reshapes Crypto Exchange
Cryptocurrency exchange Luno is cutting around 20% of its global workforce as part of a broader restructuring built around lower…
Wayflyer Lands $1.5B Fortress Funding Deal for Small Businesses
Wayflyer has secured a $1.5 billion forward-flow agreement with funds managed by affiliates of Fortress Investment Group, giving the Irish…
Encore AI Raises $30M to Scale Agentic AI for Customer Interactions
Encore AI has raised $30 million to expand an enterprise AI platform built around a simple idea: companies already have…
HSBC to Sell Egypt Retail Banking Business to Emirates NBD
HSBC is stepping away from consumer banking in Egypt. The British banking group has agreed to sell HSBC Bank Egypt’s…
Objectway Moves Deeper Into Capital Markets With Planned SLIB Acquisition
Objectway is preparing to expand beyond its traditional wealth management technology business. The European wealthtech provider has entered exclusive negotiations…
DIB Pakistan Taps Systems Limited for Temenos Core Banking Overhaul
Dubai Islamic Bank Pakistan is preparing to replace the core banking system it has relied on for almost two decades.…
ICE Bets $6 Billion on MarketAxess as Bond Trading Moves Further Online
Intercontinental Exchange is making another large move beyond traditional stock exchanges. The owner of the New York Stock Exchange has…
Ramp Launches in Canada as Global Finance Platform Expansion Accelerates
Ramp has officially opened its finance platform to Canadian businesses, bringing its corporate cards, expense management, bill payments and accounting…
Philippine Fintech Industry Backs Open Finance Bill to Expand Credit Access
Millions of Filipinos regularly pay bills online, receive money through digital wallets and make purchases using financial apps. Yet many…
Stripe’s First Employee Launches Increase Bank for Fintech Infrastructure
Fintech companies have spent years building polished financial apps on top of banking systems they do not fully control. Increase…
PEX Secures $160 Million to Expand Corporate Payments and Finance Automation
Corporate card and spend management company PEX has secured $160 million in debt and equity financing, giving the fintech fresh…
EBANX and Pagaleve Bring Pix BNPL to Millions of Brazilian Shoppers
Brazil’s payment landscape is changing again. This time, the shift comes from a partnership between global payment company EBANX and…
iwoca Secures £250 Million Debt Facility as UK SME Loan Demand Climbs
UK business lender iwoca has secured a new £250 million debt facility, giving the fintech more room to lend as…
Segpay Hires Tom John as CTO Following Record Year for Payments Business
Segpay has appointed InsitesData co-founder Tom John as its new chief technology officer, handing him responsibility for the payment processor’s…
Singapore and Thailand Deepen Cybersecurity Cooperation as Digital Fraud Crosses Borders
The Monetary Authority of Singapore and the Bank of Thailand are tightening their defences against cyberattacks and digital fraud, with…
Mid-Atlantic FCU Turns to AI Document Management Through Identifi Partnership
Mid-Atlantic Federal Credit Union (MAFCU) is making another move in its digital modernization strategy. The Maryland-based credit union has partnered…
Visa and Airwallex Take Aim at Freight’s Slow Payment Problem
Moving a container across borders is already complicated. Paying everyone involved should not make the process even harder. Visa and…
Corgi Reportedly Hits $4 Billion Valuation After Another Series B Extension
Corgi’s fundraising pace is becoming difficult to ignore. The San Francisco-based InsurTech has reportedly secured another Series B extension at…
Mitigram Acquires Export Enterprises to Connect Trade Intelligence With Financing
Mitigram is widening its reach in global trade finance. The Stockholm-based fintech has acquired Export Enterprises SA, the Paris company…
OP Pohjola and Qutwo Launch Quantum Computing Partnership for Financial Services
Quantum computing in banking still sounds like something that belongs several years down the road. OP Pohjola and Finnish technology…