Geely Group buys out Saxo Bank stake in joint fintech venture
Saxo Fintech was launched in 2019 to bring Saxo’s tech solutions to FIs in Mainland China.
Saxo Fintech was launched in 2019 to bring Saxo’s tech solutions to FIs in Mainland China.
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Xero announced its plan to exit the start-up earlier this year after initially acquiring it in 2020.
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Visa will utilise the Solana blockchain in a bid to speed up settlement times for merchants.
Chai succeeds Ravi Menon as managing director, who only renewed his term in May.
The strategic equity investment was made through Emirates NBD’s Innovation Fund.
Caledonia Investments bought 7IM in September 2015 for around £100 million.
Alpian has named Gianmarco Bonaita, who previously served as the deputy CEO, as the interim CEO.
On completion, the acquired portfolio is expected to be worth NZ$1.4 billion in outstanding balance.
Opus Technologies CEO Praveen TM discusses the firm’s rebranding and how it will shape the future of payments.
The partnership is set to enable Wamo to broaden its business account services in the UK and EU.
With the fresh investment, ThetaRay plans on expediting its international expansion “across continents”.
JP Morgan Payments says the partnership will complement its existing capabilities in the region.
New Zealand’s four largest banks are preparing to instate open banking in May 2024.
Altalix was one of the first cryptoasset firms to be registered with the UK’s Financial Conduct Authority (FCA).
At the PayTech Awards 2023, Corpay won in the Top Innovation in Payments category with its cross-border solution.
FundBank will automate its custody and portfolio management operations with Profile’s Axia Custody solution.
Discover why high-value cross-border payments are such an incredible opportunity for fintech.
LC Financial Holdings will help BCM Global expand its business and develop new services across Europe.
The experiments were in collaboration with several major financial institutions, including Clearstream, ANZ and Citi.
The acquisition marks Asaak’s entry into the Latin American market after achieving profitability in Uganda.
Fundraising is a mix of understanding investor psychology and positioning your start-up to capture the narrative.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Aris Bogdaneris joins from ING to oversee Scotiabank’s digital banking business Tangerine.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
According to the 2023 Women in Tech survey, women only account for around 26% of those working in IT.
It’s been intriguing to see the differences in thinking from companies when it comes to generative AI.
Cover story: WINDS OF CHANGE – Squaring the circle on climate change.
The solution seeks to help small business owners avoid making a “large upfront investment”.
The Valar Ventures-led Series A comes just weeks after a €7.7 million seed funding round led by Creandum.
The appointment follows the launch of the company’s distributed ledger services venture in April.
The Economic Crime and Corporate Transparency Bill could revolutionise how the UK fights financial crime.
Youngwood will take over from Ann Dennison, who has held the role since 2021.
Technology will keep changing and will always require our attention. So don’t be a tourist with tech.
MoonPay Ventures will focus on early-stage fintechs and Web3-focused start-ups.
PandaDoc clients can now “manage, collect and report on invoices alongside their contracts, all in one location”.
Singh has spent much of his career at US tech firm Akamai Technologies.