TeamSystem acquires 61% majority stake in Italian SME credit mediator Change Capital
The acquisition will expand TeamSystem’s remit with over 200 financial solutions for credit and subsidised finance.
News, intelligence and resources on the global fintech industry including topics such as trade finance.
The acquisition will expand TeamSystem’s remit with over 200 financial solutions for credit and subsidised finance.
The Austrian bank will utilise RIVO to digitise its processes for guarantees and letters of credit.
DZ Bank acts as a central bank to more than 700 cooperative banks in Germany.
Boillat replaces David Shalders who held the position for over four years.
Bresler previously held the position of deputy head of sales trading in Saxo’s Singapore office from 2016 to 2018.
Our pick of the top fintech news stories this week includes Monzo, NAB, GoTyme Bank, and more.
Mitigram has also refreshed its C-Suite with recent CSO and CPO additions.
The bank’s new digital capabilities are being powered by the open finance platform eMACH.ai.
The San Francisco-based bank will utilise the fintech’s TradeSun Intelligence V4 solution.
The all-cash deal is expected to close in the second half of 2024.
Bunce brings more than 30 years of experience in forex and online securities trading to his new role.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Crédit Agricole CIB hopes the platform will appease “the increasing demand for supply chain finance” in APAC.
Our pick of the top fintech news stories this week includes Capital One, Toast, Xalts and more.
Contour previously announced in October 2023 that it was to wind down operations as a result of insufficient funding.
Gupta succeeds Marina Khaustova in the role, who will now shift to the position of COO.
The Frankfurt-based commercial bank has adopted the vendor’s DOKA-NG solution.
The $250m expansion builds on an earlier $250m ABS facility secured by the fintech in April 2022.
Here are five of the top fintech start-up stories from 2023.
FinTech Futures takes a look back at five of the top partnership stories of the year.
The deal will see the London-based fintech open a local office in South Africa.
The fintech’s Series B also saw participation from existing investors BNY Mellon, UBS and Nasdaq Ventures.
The portfolio comprises $35 million in invoice finance and a further $5 million in trade finance.
The bank’s new portal will service its corporate clients with digital workflows and host-to-host integration solutions.
The facility will be used to support the company’s portfolio growth and geographical expansion plans.
The solution seeks to support businesses with the digital issuance of bank guarantees.
At Sibos 2023, we sat down with Joon Kim of BNY Mellon to discuss the key areas of development in embedded finance.
At Sibos, we spoke with Vivek Ramachandran of HSBC to discuss the new era of sustainable trade finance practices.
The bank is to integrate its newly-digitised trade flows into its DLR tech stack on Broadridge’s platform.
With the new funding, Traydstream plans to double down on its growth and enhance its AI-led platform.
The launch arrives in tandem with the bank’s documentary trade suite, ABC Trade.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Panels at this year’s Sibos have discussed the benefits of T+1 settlements across all global capital markets.
The UK banking giant has also announced the launch of HSBC TradePay, a document-free digital trade finance solution.
Download your free copy of the Daily News at Sibos publication today!
Saxo Fintech was launched in 2019 to bring Saxo’s tech solutions to FIs in Mainland China.
The strategic equity investment was made through Emirates NBD’s Innovation Fund.
A potential deal would align with the bank’s continued development of its wealth services over the past year.
Irfan Hussain joins LSEG from Goldman Sachs, where he has worked since 1995.
The integration is also set to extend to Naga’s e-payments solution, Naga Pay.