FinTech Futures: Top five news stories of the week – 1 March 2024
Our pick of the top fintech news stories this week includes Webull, Citi, Blackstone, Enfuce and more.
Blackstone
Blackstone buys $1.1bn of US credit card debt from Barclays
Barclays says it will use the proceeds of the sale to fund an extension of its US lending activities.
AP automation start-up Stampli raises $61m in Blackstone-led Series D
Existing investors Insight Partners, SignalFire, Bloomberg Beta and NextWorld Capital also participated in the round.
Blackstone to invest up to $130m in logistics paytech PayCargo
The funds will be used for international expansion and M&A.
FX platform Currencies Direct receives £140m investment
The deal is expected to close by the end of Q1 2022.
Dutch fintech Mollie raises $800m in Series C round
The investment takes the company’s total valuation to $6.5 billion.
Thomson Reuters Financial & Risk and Blackstone create Refinitiv
Will be a standalone company. And should lead to shorter headlines.
Blackstone buys Thomson Reuters’ financial business for $17bn
Gets data business, risk and compliance solutions and wealth management software.
