Stripe’s Paystack leads investor group set to acquire Nigerian fintech start-up Brass
Other members of the investment group include PiggyVest, Ventures Platform and P1 Ventures.
Other members of the investment group include PiggyVest, Ventures Platform and P1 Ventures.
FinTech Futures takes a look back at five of the top funding rounds to emerge during May.
The OCC has ordered the bank to create a compliance committee as part of the action.
Joslyn brings over 25 years of tech experience to the role and succeeds interim CTO James Letley.
The new bank says it plans to start lending “later this year”.
Geidea has been selected to enhance the offering by integrating a merchant acquiring facility.
FinTech Futures takes a look back at five of the top core banking stories of the month.
The firm enables Latino workers in the US to send money abroad via WhatsApp.
The bank claims to have migrated “over 200,000” customer accounts to the new cloud-based platform.
Burns previously served as the global head of technology and operations at DWS Group for over seven years.
North America’s sixth-largest commercial bank has tapped the platform to “detect more early warning signs” in lending.
The deal will see CR2’s BankWorld platform combined with HPS’ PowerCard suite.
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
The deal is expected to close in Q1 2025 pending regulatory approvals.
N26 says it has implemented “numerous measures to further improve reporting processes” since 2022.
The firm says the funding will be used to “enhance our operating system designed for the renewable energy industry”.
Wang succeeds Max Attias, who is transitioning to the role of CIO.
According to Bloomberg, the round takes the fintech’s valuation to around $700 million.
Jason Windsor, who joined Abrdn last year as group CFO, is to step in as interim group CEO.
Stanbic Bank Kenya first went live with Temenos’ core banking tech in 2010.
PayRetailers recently received its Brazilian payment institution (PI) licence last month.
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Finastra says the move will enable LGT to meet the EU instant payments regulatory timeline.
Our pick of the top fintech news stories this week includes JP Morgan Chase, Citi, BBVA, OpenAI and more.
BNPL firms will now be required to investigate disputes, refund returned products and provide billing statements.
The deal marks FE fundinfo’s seventh acquisition in three years.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The $483 million-asset credit union is also making use of Tyfone’s Skip-a-Pay and Quick Pay solutions.
The successful upgrade has launched “a new chapter in banking at Arab National Bank”, says CIO Naif Alharbi.
BBVA has begun deploying 3,000 ChatGPT Enterprise licenses among its employees in Spain.
Kuwait-based Burgan Bank will replace its legacy tech with the TCS Bancs integrated core banking system.
Four founders explain how they made their fintech start-up ideas a reality.
Koc Group has held a stake in the Istanbul-based full-service bank since 2005.
In addition to the funding, the platform has also announced Abhi Pabba as its new chief risk officer.
Fabrick is to leverage its latest purchase to expand its presence into the DACH region.
Vitesse has also appointed former 10x Banking chief Curt Hess as its new US executive president.
Mercado Pago GM Pedro Rivas says the firm’s ambition is to become “the largest 100% digital bank in Mexico”.
The total penalty consists of a £33,880,000 fine from the PRA and a £27,766,200 fine from the FCA.
EFG Hermes has also signed an MoU with Kenzi to enhance its EFG Hermes One trading platform.
Dave and Dharm speak with four financial services leaders at this year’s Dubai Fintech Summit.