Timberland Bank taps Plinqit for financial wellness and savings tools
Customers can now access digital tools designed to improve financial literacy and establish saving habits.
Customers can now access digital tools designed to improve financial literacy and establish saving habits.
The RBA says the project will engage with “a wide range of industry participants”.
The firm’s investment model combines credit and equity for fintech businesses that have predictable revenue.
The acquisition is expected to close on 31 August 2022.
The partnership aims to enable paperless communication across treasury and trade finance processes.
Truework says the funds will support its product development and hiring plans.
The Berlin-based neobank says the action will not affect its services, customer funds or investments.
KeyBank says BlueSnap’s operating model will give clients the flexibility to process global payments.
Wagner will take over from current CEO Sven Lindemann on 15 August 2022.
The firm has acquired payment service provider PnLink and virtual asset service provider OK-BIT.
Goldman Sachs says it is cooperating with the regulatory body.
The company says micro-investing is a good first step into the space, providing “investment on auto-pilot”.
CIBC customers will be able to securely share their financial data with third-party fintechs via an API.
The Garage builds and invests in early-stage start-ups in fintech, artificial intelligence and cyber.
The new funding has raised the company’s valuation to $100 million.
Under a proposed federal court order, First American will have to return $4.9m to affected businesses.
Vista Equity Partners will acquire all outstanding shares of Avalara for $93.50 per share.
The self-described “payments nerd” says he is leaving the payments industry after 41 years.
The Dozens app is set to close by the end of August.
The funding round was led by GIC, Singapore’s sovereign wealth fund.
The debt financing will boost its lending operations and accelerate its expansion throughout Latin America.
The financing has been provided by American multinational Citi and French investment bank Natixis.
The firm is gearing up for the commercial launch of UNO Digital Bank in the Philippines.
Murphy brings more than 25 years’ worth of banking and capital markets experience to the role.
Retail Capital will form the foundation of an expanded business banking offering within TymeBank.
The new entity, set to be worth $480 million, will continue to be headed up by CEO Eliot Buchanan.
Marion King spent over seven years in her role at NatWest.
This new cartoon illustrates how different companies are dealing with the onset of the recession.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The partnership will boost the bank’s efforts to digitise and automate its documentary trade business.
Ischenko will take over from founder Sergey Sedov, who will remain in the position of chairman of the board.
Mortgage applicants can now securely provide their bank statements online via open banking.
Geopagos says the round marks its first institutional financing.
A handy round-up of recent funding endeavours of fintech companies across India and Pakistan.
Our handy weekly fintech funding round-up covering news from US start-ups.
The Central Bank of Kenya says the deal will “support the stability of Kenya’s microfinance banking sector”.
Paystand says the combined company “will redefine the boundaries of B2B fintech” across the Americas.
Clearco founders cite rising interest rates, high inflation and e-commerce growth slowdown as factors.
The bank is moving its treasury activities to the cloud with Finastra’s Kondor solution.
Acquisition reflects TAS’ “acceleration in non-organic growth” driven by largest shareholder Rivean Capital.