Aussie BNPL fintech Openpay enters receivership
The firm’s assets, operations and trading activities are now under the stewardship of McGrathNicol.
The firm’s assets, operations and trading activities are now under the stewardship of McGrathNicol.
The investment is part of Binance’s ‘Industry Recovery Initiative’ (IRI), launched in 2022.
Atkinson moves from merchant bank Close Brothers, where he was COO for four years.
Lalor most recently served as CEO of Square’s European business.
Hurn has been a Themis investor and board member since June 2020.
Thanks to the acquisiton, Seon will be able to offer “a vital single source” to fight fraud holistically.
Cashflows will enable Shawbrook to process its e-commerce business finance collections through a virtual terminal.
The Caribbean bank will deploy Tookitaki’s Anti-Money Laundering Suite (AMLS).
Former Sber CTO David Rafalovsky joins Oxygen as CEO, replacing founder Hussein Ahmed.
Oracle’s solutions will support “critical” functions, including direct deposit accounts and liquidity management.
The national payment system forms part of South Africa’s Vision 2025 programme.
The testing forms part of the 2023 EU-wide stress test coordinated by the European Banking Authority.
The joint venture, SBI Zodia Custody, is owned 51% by SBI DAH and 49% by Zodia Custody.
Prior to joining Stash, Landsman served as general partner at NEA, a global venture capital firm.
Ainslie brings a “wealth of experience” within the financial and operations industry, Detected says.
This cartoon illustrates how the collapse of the speculative crypto market has impacted the blockchain sector.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Bloomberg reports the cuts have taken place over the past few weeks.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
BBVA says the AWS platform “provides greater computing power” to make financial market-related calculations.
A further nine banking hubs and six deposit services have been recommended by Link.
Ramaswami most recently spent 12 years as president of the Singapore Exchange (SGX).
Iu served as chief risk officer (CRO) of ZA Bank, a role he will step down from immediately.
The automated process is available on the bank’s mobile app and online banking platforms.
The start-up aims to tackle the problem of poor personal information storage and management.
Derek Lakin has more than 20 years’ worth of experience in the software industry.
Mowat brings over 20 years’ worth of experience in international trade and business to Highline, the firm says.
Lulalend will look to increase its loan book size and develop new products.
The launch is set for late 2024 or early 2025, Bloomberg reports.
Zopa says the deal “cements and markedly enhances” its unicorn valuation.
MNT-Halan claims it is the largest investment across Egypt and the Middle East over the past 12 months.
The government will strengthen rules for crypto trading platforms and crypto lending in line with traditional finance.
The round was led by CRV with participation from both new and existing investors.
The job cuts will see PayPal reduce its total staff headcount be around 7%.
With the funding, Treasury Prime plans to build out its solution and develop new products and services.
Upstart is also suspending development of its small business loan product.
Tech Nation says it is “actively seeking” interested parties to acquire a portfolio of its assets.
The funding will be used to refine and scale the platform, and address new payments use cases.
Bergos customers will now be able to manage their finances through a mobile app.
Trust Bank will make use of FIS’ real-time payments platform Open Payments Framework.