Colendi lands banking licence to become Turkey’s first digital deposit bank
As Turkey’s first digital bank, ColendiBank is aiming to reach 50 million customers regionally.
As Turkey’s first digital bank, ColendiBank is aiming to reach 50 million customers regionally.
The acquisition is subject to regulatory approvals and customary closing conditions.
Manohar Chadalavada is leaving the bank to be the co-founder of a fintech start-up currently in stealth.
Under the terms of the deal, W2 will now trade as ‘W2 by FullCircl’.
In the UK, 3.1 million adults use cash to pay “for everything or most things”.
The credit unions include Great NorthWest FCU, Sentry Credit Union and Peoples FCU.
Tariq joins WealthKernel from FNZ Group, where she was group head of business intelligence for three years.
The bank plans to facilitate more than £250m in new-to-bank lending across the SME and property sectors.
The tech will enable users to converse with an AI system to initiate and complete transactions.
The offering positions Tenpo as a competitor to traditional financial lenders in the country.
Chien-Liang Chou joins Stash from banking app start-up Dave, where he worked as CTO.
Issuers in Singapore will have to fulfil requirements to be recognised and labelled as “MAS-regulated stablecoins”.
The $6 million deal is to be completed via an all-stock transaction by September.
Chronosphere can help generate a 165% ROI with a $7.95 million in benefits present value (PV) after three years.
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The company attributed the performance to hiring costs and US competition.
With Corserv, Peoples Bank will be able to offer 14 different credit card products to its business and retail customers.
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Brown joins the open banking payments network from PayPal, where he was director of UK enterprise sales.
The bank says it wanted to enhance its digital banking solutions following more customers wanting to go digital.
Zolve’s telecom-financial offering is tailored for expats pursuing educational or professional opportunities in the US.
Part of the commitment requires the US BNPL vendor to redomicile to the Cayman Islands.
With more than 20 years of work experience, Fowler joins Early Warning from Canada’s BMO Financial Group.
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The fund is backed by Barclays, NatWest, Mastercard, London Stock Exchange Group and Peel Hunt.
The fintech landed $20 million in a Series A funding round in June 2022.
Ozaltin brings more than 20 years of fintech experience to 10x, having worked at Signifyd, Fiserv and JP Morgan Chase.
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With the approval, TerraPay is now looking to expand within Italy and subsequently across the European Union.
Temenos has tasked its delivery partner, Orion Innovation, with implementing the new core.
Param plans to leverage Twisto’s licences to offer its embedded financial solutions across Europe.
The acquisition will enable Matera’s clients to enhance their sales capabilities through actionable insights.
Arnt is to join current CEO Sebastián Kanovich to lead the firm’s future endeavours.