SoFi set to go public via merger with Palihapitiya’s fourth Spac
The IPO will value SoFi at $8.65 billion.
The IPO will value SoFi at $8.65 billion.
B2B payments firm reaches total funding of $1.2 billion.
Prime minister Modi is expected to announce the news next month.
FinTech Futures’ weekly news round-up.
Creditors with direct debits in place for UK customers may need to provide their bank with additional info.
Cloud core banking vendor has raised over €150m since launch.
Lloyds and Santander also fell behind NatWest, Nationwide, Metro Bank, and Virgin Money.
Payments and e-money firms experienced an 11% decrease in available liquidity.
Major bank signed up to Cobalt’s network last year.
The conversion occurred entirely virtually.
The round was led by Shopify and Checkout.com backer Insight Partners.
The applications have 45 days to prepare for the ban.
How to improve customer and employee experiences. Featuring a demo of The Now Platform from ServiceNow.
Mizuho plans a global rollout of Fenergo systems afterwards.
NuPoint is a fully integrated core banking solution.
Anytime to fall under the Orange brand as it looks to scale up for businesses.
The country’s central bank has granted it a SCD licence.
New York-based private equity firm takes majority stake in core banking vendor.
JP Morgan already holds a majority stake in a Chinese venture.
Nets happy to continue a wave of consolidation across European payments.
The start-up announced a $165 million Series D funding round.
Firm now claims to be largest account payable firm in the construction sector.
Egypt-based bank adds to existing portfolio of Temenos products.
“I remember acquiring our first cardholder,” says icount founder.
The bank’s global compliance division will deploy the Silent Eight’s resolution alert system.
The UK’s Investment Association (IA) is asking for the LSE to undergo a “rebranding”.
Runa Capital, S7V, EFG Hermes, and Rucker Park, took part in the investment.
Wealthtech firm plans to take advantage of a digitising industry.
Featuring Mission Lane, Narmi, Finja, CarPay, and ZipLoan.
Rewire currently boasts more than 200,000 European accounts.
Unihomes, also based in Sheffield, bundles up university accomodations with bills.
Channel 4 signed an advertising-for-equity deal.
“The pandemic will only entrench the digital players,” says Botín.
The broker is eyeing a listing in New York and is already in talks with Goldman Sachs.
Challenger bank for farmers receives investment from Duke of Westminster’s estate.
Tanam give green light after 18 months of sandbox testing.
Some crypto exchanges have delisted it while others have halted, suspended, or disabled trading for XRP.
The Peoples’ Bank of China wants Ant to overhaul its business or face the consequences.
Bitcoin hit lows of around $18,700 in early December.
The UK no longer needs to follow the EU’s €50, or £45, contactless limit.