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 Point) is designed to speed PayNearMe’s…
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 backers for…
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 banking tech…
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 (COO), effective…
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 and Ali Aghareza in…
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). The…
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…
Lendbuzz files registration statement with SEC for proposed US IPO
Auto finance company Lendbuzz has filed a registration statement on Form S-1 with the US Securities and Exchange Commission (SEC)…
Thread Bank appoints Dan Chang as chief compliance officer
Dan Chang has been appointed as general counsel and chief compliance officer by Tennessee’s Thread Bancorp. The former Avant director succeeds Kelly Caltabiano,…
Navro Secures Money Transmitter Licence in Washington D.C.
UK-based fintech Navro has acquired a money transmitter licence in Washington D.C. for its payments curation platform. The licence, which is regulated…
IPO Market Enjoys $4 Billion Rebound Amid ‘Pent-Up Demand’
Last week marked a resurgence for the U.S. initial public offering (IPO) market. As the Financial Times (FT) reported Saturday (Sept. 13),…
How Fintech Is Reshaping Financial Inclusion in Nigeria
In a bustling market in Ibadan, Mama Funke, their wallets, a tomato and pepper seller no longer worries about having…
Handelsbanken Fonder partners Denodo to power digital savings services
Handelsbanken Fonder, the fund management subsidiary of Swedish bank Handelsbanken, has selected TPG-backed data management platform Denodo to enhance its…
Exclusive: Visma acquires Italian regtech Alavie in market expansion move
Norwegian enterprise software provider Visma has acquired compliance software firm Alavie, marking the company’s second acquisition in the Italian market, FinTech…
SIBS boosts Polish presence with ITCARD acquisition
European payment solutions provider SIBS Group is set to acquire ITCARD, a Poland-based company specialising in processing ATM and electronic payment transactions…
Rainforest bags $29m Series B, plots Canada debut
US-based embedded payments provider Rainforest has raised $29 million in Series B funding to expand its team and launch operations…
Unity Trust Bank appoints Lloyds vet Martin Barrett as COO
Unity Trust Bank (UTB) in the UK has appointed industry veteran Martin Barrett as its new chief operating officer, effective…
BBVA taps Ripple for crypto custody tech
Spanish banking giant BBVA has inked a digital asset custody technology partnership with Ripple, bolstering its new crypto-asset trading and custody service, made…