UK dominates European fintech funding
European fintechs secured €3.6 billion in capital investment in the first half of the year, up 23% on the same…
Paysend promotes president Ben Chisell to CEO
Former Starling exec Ben Chisell has been named as the new group CEO of payments platform Paysend, effective immediately. He…
Saudi BNPL unicorn Tamara secures $2.4bn facility backed by Goldman Sachs
Saudi fintech unicorn Tamara has landed a record asset-backed facility of up to $2.4 billion, bolstering the company’s lending power…
Lloyds Banking Group extends Broadcom collab with cloud and mainframe tech
Lloyds Banking Group in the UK has expanded its relationship with existing US software partner Broadcom to strengthen its digital…
Remittance start-up Kredete lands $22m Series A for international growth
Kredete, a New York-based fintech start-up specialising in financial services for African immigrants in North America, has raised $22 million…
Dubai to welcome 2,000+ global AI and tech leaders at the inaugural DATE MENA this November
Dubai, UAE: Dubai is set to host one of the most anticipated tech events of the year as DATE (Digital…
How are Lloyds and Broadcom Transforming Digital Banking?
Lloyds Banking Group expands its partnership with Broadcom to boost cloud and mainframe infrastructure for millions of UK banking customers…
Fraud prevention fintech SEON raises $80m Series C
Sixth Street Growth has led an $80 million Series C funding round for fraud prevention platform SEON, which plans to…
Financial crime compliance fintech WorkFusion lands $45m investment
US fintech WorkFusion has secured a $45 million investment led by growth-stage investor Georgian to further develop its suite of…
Bank CenterCredit taps Tuum to power BaaS offering
Bank CenterCredit, the third-largest bank in Kazakhstan with total assets of approximately $13.29 billion, has selected Tallinn-based core banking software…
Bank of America names Dean Athanasia and Jim DeMare as new co-presidents
Bank of America has announced three senior leadership appointments, with Dean Athanasia and Jim DeMare named as new co-presidents, while…
PayNearMe Raises $50 Million to Enter New Markets
Payments FinTech PayNearMe says it has secured $50 million in new funding. The Series E investment from AVP (Atlantic Vantage…
Revolut Promotes 46% Jump in Revenue in Search for Investors
FinTech giant Revolut is reportedly trumpeting a 46% increase in revenue as it seeks investors. The British company is wooing…
Michigan’s Mercantile Bank selects Jack Henry for core banking tech upgrade
Mercantile Bank in Michigan, US, has partnered with banking technology provider Jack Henry as it looks to upgrade its core…
TD Bank hires HSBC exec Taylan Turan as new COO
Canada’s TD Bank Group has appointed industry veteran Taylan Turan as senior executive vice president (SEVP) and chief operating officer…
Arch raises $52m Series B to expand private investment management platform
US-based wealthtech Arch has raised $52 million in a Series B funding round led by Oak HC/FT. Existing investors Craft…
MoonPay acquires crypto payment infrastructure start-up Meso
US-based crypto payments company MoonPay has acquired fintech start-up Meso for an undisclosed sum. Founded by Braintree alumni Ben Mills…
LSEG launches Microsoft-powered Digital Markets Infrastructure platform for private funds
The London Stock Exchange Group (LSEG) has developed and launched a new platform with Microsoft called Digital Markets Infrastructure (DMI).…
UK fintech SumUp explores listing at up to $15bn valuation
UK card reader company SumUp is exploring a stock market listing that could value the business at $10bn to $15bn…
Saudi fintech Hala raises landmark $157m Series B
Saudi fintech Hala has raised $157 million in a Series B funding round to further expand its suite of banking…