Dubai BNPL firm Tabby secures $150m debt financing
The debt financing has been supplied by Atalaya Capital Management and existing investor Partners for Growth.
The debt financing has been supplied by Atalaya Capital Management and existing investor Partners for Growth.
The Global Pay platform is currently available to US American Express small business card members.
Persistent’s “building block” approach will allow the challenger to add new SaaS components as required.
At Arvest, Ukkan will support its digital transformation by leading the new core banking technology initiative.
Robinhood CEO Vlad Tenev says previous staff cuts announced in April “did not go far enough”.
Global Payments will acquire EVO in an all-cash transaction for $34 per share, or $4 billion in enterprise value.
The micro and small business-focused bank is looking to scale across East Africa.
Firth joins from Mastercard, where he helped build out the firm’s open banking solutions.
BML’s ICBS core banking system will replace Sopra’s legacy solution at BDCD.
The funds will be used to support the growth of the company’s Digital Delivery Platform.
Appro is designed to reduce application times for a range of banking products from several hours to three minutes.
The new combined entity intends to deliver “financial empowerment and product innovation”.
KeyBank will deploy Quavo’s QFD solution to automate its fraud and dispute processes.
Carlyle Group and Advent International have both agreed to acquire up to a 10% stake in the bank.
The fresh capital takes the bank’s total funding to date up to $160 million.
Quartermaine joins from ACI, where he was director of merchant retail for Europe.
Mollie is looking to boost its global partner network.
The move forms part of the bank’s digital transformation efforts.
Magats will start his new role on 17 August and will also join the firm’s board of directors.
The strategic partnership will see the pair work together to “digitise the European payments space”.
Ageras co-founder and CEO Rico Andersen says the acquisition is a “critical step” in the company’s growth.
Owned by Team4U, Simapka is an app for owners of shops and service points in Poland.
The new combined business will be worth approximately $1.7bn with the deal expected to close in Q1 2023.
The new platform will allow businesses to optimise the rate they’re generating on their cash balances.
“The process of searching for a new core was rigorous,” says Movement Bank’s president.
MVB Bank has become the first live user of the RTP Send functionality offered by Victor Technologies.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The investment round was co-led by Sequoia Southeast Asia and Kleiner Perkins.
48 Lloyds Bank and 18 Halifax branches are set to shut between October and January of next year.
Ulrich Körner replaces Thomas Gottstein, who is leaving Credit Suisse after 23 years.
The challenger informed the CMA it had failed to send transaction histories to more than 13,000 customers.
According to The Wall Street Journal, a deal is far from certain and could be weeks in the making.
The company secured $200 million in a Series C round led by Tiger Global earlier this year.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
GWCU says it now has a combined total of over 21,000 members.
Qapita is aiming to boost its presence in India.
Midigator automates the chargeback dispute response process and provides real-time data to businesses.
Klarna Kosma’s open banking offering will provide Airbank access to an international network of banks.
This is M2P Fintech’s third acquisition in 2022 alone.
Jackowski will work to “further integrate” Mastercard’s ESG strategy into the organisation.