Lithuania’s Fintech HUB LT appoints new board and chairwoman, Asta Grigaitytė
Grigaitytė joins from the Bank of Lithuania where she worked on payment system CENTROlink.
Grigaitytė joins from the Bank of Lithuania where she worked on payment system CENTROlink.
The company’s vision is to become “India’s most profitable, tech-driven, B2B SME fintech player”.
Founded in April 2020 by Daniel Cannizzaro, Parpera has already raised AUD 2.7 million in equity funding.
Credit Kudos leverages machine learning to provide lenders an alternative to traditional credit scores.
Gatehouse Bank has appointed Strategy&, PwC’s global strategy consulting business, as its adviser.
Former UK chancellor George Osborne has joined the company’s board.
Atlantic Money claims users can save up to 99% against providers such as PayPal, Wise and Western Union.
Deskus joins PayPal from tech titan Intel, where she served as senior vice president and CIO.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Simetrik says the cash will go towards key hires and fueling its global expansion plans.
Our weekly fintech round-up for you to get the latest funding news from around the world.
The two companies were founded alongside each other in 2016 but developed as separate entities.
CoFi and Handle have raised $7 million and $10 million, respectively.
MFG says it is working with Google Cloud to deliver on the evolving needs of its customers.
A handy round-up of the recent funding endeavours of UK-based fintechs.
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
The Series C comes just seven months after the company’s $57 million Series B funding round.
Aniruddha Paul moves to Standard Chartered from ING, where he was chief data officer.
Conpend is a specialist provider of document checking software for trade finance processes.
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
Bennett will also join Monese’s leadership team, subject to FCA approval.
Cape will invest the money in technology, product expansion, and doubling its headcount in the coming months.
Investment professionals from Citi Ventures, Albion VC and Finch Capital discussed the ‘next big thing’ in fintech.
Glia, a New York-based digital customer service specialist, has raised $152m to date.
Saphyre’s AI-enabled platform is intended to improve pre- and post-trade data and processes.
The regulated company says its account provides access to 100+ currencies and real-time foreign exchange.
Panelists from Morgan Stanley, Papara and Monzo discussed the ways to achieve more financial inclusion in fintech.
The round, led by Vistara Growth, saw participation from Bluesky Equities, Tribune Capital and Rising Tide.
The US’s sixth largest independent acquirer has snapped up the long-standing merchant gateway specialist.
The bank is building on its existing relationship with Temenos to enhance its member experience.
The FCA says none of the cryptoasset firms registered with the regulator have been approved to offer crypto ATM services.
The firm raised $14m in a Series A funding round and secured a new $100m debt facility.
The Series B brings the company’s total amount raised to date to $60 million.
USAA admitted to failing to accurately report in a timely manner thousands of suspicious transactions to FinCEN.
BETA, Maxit and Digital Investor (collectively known as BETA+) have been sold to Clearlake Capital and Motive Partners.
SignalFire founding partner Ilya Kirnos will also join Argyle’s board of directors.
The investment remains subject to Prudential Regulation Authority and Financial Conduct Authority approval.
Global private equity fund Lightrock is investing $18.5 million in the financial inclusion player.
The firm has recruited Kent Llewelyn from TAB Bank and Accenture/Cognizant veteran Amit Dhongde.
The one-year initiative will form part of the central bank’s research into digital currencies and fintech.