ID Finance lands $150m debt financing headed by i80 Group
ID Finance claims the financing marks its “largest ever financing round” to date.
ID Finance claims the financing marks its “largest ever financing round” to date.
Despite his successful endeavours, Ainsworth writes that “it’s now time for something else”.
The French banking group says it will action the cuts “without forced departures”.
Dancerace says its tech will make it easier for Aussie businesses with unpaid invoices “to receive their cash faster”.
The vendor plans to further establish its market presence in Germany, Austria and Switzerland.
Fyfe joins UTB from Hinckley & Rugby Building Society, where he was CEO for over five years.
The move is a continuation of Indian PM Narendra Modi’s vision of “taking UPI global”.
Old Mutual will leverage 10x’s core banking tech to “serve those who have bank accounts but are severely underserved”.
CBK projects that the collaboration will “significantly enhance” its payment operations and continued shift to digital.
The potential move would see TCS replace Mastercard’s Vocalink as the service’s technology partner.
The bank disabled and removed the Vast Crypto Mobile Banking app from app stores on 31 January.
The RBI attributes its order to “persistent non-compliances and continued material supervisory concerns in the bank”.
The software will support the origination of mortgages for high-net-worth borrowers.
The German investment bank says the cuts will mainly apply to “non-client-facing areas”.
The banking group says the partnership will enhance its compliance efficiency.
The value of the Venue acquisition has not been disclosed.
Calhoun joins the fintech from Onsights.io, where he held the role of CTO for just under two years.
Haines has joined Santander’s Payments Centre of Excellence as product owner, effective this month.
Anthony Hyams and Kelly Knight of Insolve Plus were installed on 23 January to liquidate the fintech.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Lloyds, HSBC, PayPal, Santander and more.
The app-based offering launched this week with account and lending services.
Prance has been promoted to help “meet the evolving needs of the self-employed community”.
The proposed platform is set to arrive in the summer, along with a new client mobile app in Q2.
The holding companies currently control Bank of Southern California and California Bank of Commerce.
The move comes as part of a £1 million investment by Offa to upgrade its IT systems.
Douglas Pinteau and Dermot Coakley of WSM Marks Bloom LLP were instated as joint liquidators on 16 January.
Nikkilä joins Santander from ING, where he is currently serving as head of global retail transformation.
The acquisition, which will combine both parties’ rewards platforms, is expected to close later this year.
Reevo Money was launched by Amplifi Capital in 2022 and is the firm’s second customer-facing brand.
The platform’s search is currently focused on companies with EMI/PI licences and revenues of up to $5 million.
Kriya aims to use the facility to enhance its offerings for B2B retailers.
The cuts are to be actioned with immediate effect, according to a staff memo from Dorsey.
The funding will enable Kore.ai to scale its workforce and further develop its product offering.
PayPal president and CEO Alex Chriss says the cuts aim to “reduce complexity and duplication”.
Founder Derek Stewart says Paysme is “not in a sufficiently strong financial position to grow to the next milestone”.
The bank says Khan will work to develop and cultivate “green digital banking solutions”.
The deal will enable YouLend to provide additional revenue-based financing to SMEs.
The LA-based fintech says it will use the facility to attract and retain more customers.
Campbell is due to depart the company this quarter to take “some personal time out”.