Fimple raises $10m to accelerate GCC expansion
Fimple, a core banking technology provider, has raised $10m in a follow-on investment round to accelerate its international expansion, with…
Revolut sets sights on Peru in ongoing Latin American expansion
UK challenger Revolut has applied for a full banking licence in Peru as the company continues its Latin American expansion…
UST bolsters global expansion with Tailwind acquisition
US-based AI and technology transformation solutions company UST has acquired Texas-headquartered fintech Tailwind Business Ventures for an undisclosed amount. Established…
NYSE announces new tokenised securities platform with 24/7 trading
The New York Stock Exchange (NYSE) has announced it has developed a new platform for trading tokenised securities. The blockchain-based…
Former Barclays and Credit Suisse exec Brad Novak joins Rathbones as new CTO
Former Barclays and Credit Suisse exec Brad Novak has joined UK-based wealth and asset management firm Rathbones as the company’s…
UBS receives conditional approval from OCC for US national bank charter
UBS has received conditional approval from the Office of the Comptroller of the Currency (OCC) on its application for a…
Harvard FCU and Citizens State Bank adopt Alkami’s Mantl for enhanced account opening
US fintech Alkami has secured two new clients, Harvard Federal Credit Union (Harvard FCU) and Citizens State Bank, for its…
Portage inks deal to manage select fintech assets from Point72 Ventures’ portfolio
Financial services investment platform Portage has finalised a new agreement to manage select assets from the fintech portfolio of US…
Jet Bank partners Backbase to power launch of Albania’s first neobank
Dutch banking technology provider Backbase has been selected to power the launch of Albania’s first digital-only bank, Jet Bank. Jet…
UK lender Abound acquires Ahauz for mortgage market entry
UK consumer lender Abound has made its first company acquisition with the purchase of Ahauz, a lendtech start-up specialising in…
Alpaca bags $150m Series D at $1.15bn valuation
US brokerage platform Alpaca has secured unicorn status after raising $150 million in a Series D funding round, with plans…
UK’s FCA grants EMI licence to Capi Money
Capi Money, a London-based payments and financial infrastructure provider aiming to open up emerging markets, has secured an Electronic Money…
B4B Payments co-founder Paul Swinton steps down from executive chair role
Paul Swinton has stepped down from his role as executive chair of B4B Payments, a card issuing and payment solutions…
BVNK to power stablecoin payment pilots for Visa Direct
Visa has expanded its partnership with US fintech BVNK, with the payments giant set to utilise BVNK’s infrastructure to power…
US Bancorp to acquire BTIG in deal worth up to $1bn
US Bancorp, the parent company of US Bank, has signed a definitive agreement to acquire California-based financial services firm BTIG…
Old Glory to go public via $250m SPAC merger with DAAQ
US-based Old Glory Bank and Digital Asset Acquisition Corporation (DAAQ), a special purpose acquisition company (SPAC), have entered a definitive…
Hatch Bank hires ex-Unit chief Amanda Swoverland as president
Hatch Bank, a California-based sponsor bank with approximately $150 million in assets, has named Amanda Swoverland, former chief compliance officer…
US President Donald Trump calls for temporary 10% cap on credit card interest rates
US President Donald Trump has announced plans to impose a temporary 10% cap on credit card interest rates in the…
Atomic Invest buys Groene Hart Financial Diensten to boost EU expansion
US-based embedded investing and savings platform Atomic Invest has acquired Groene Hart Financial Diensten, a Dutch markets in financial instruments…
S&P Global completes sale of EDM and thinkFolio businesses to STG
Analytics company S&P Global has sold its enterprise data management (EDM) and thinkFolio businesses to private equity firm STG. The…