US stock trading app Webull enters Mexico with Flink acquisition
The deal also includes Mexican brokerage house Vifaru Casa de Bolsa, which Flink agreed to purchase in 2022.
The deal also includes Mexican brokerage house Vifaru Casa de Bolsa, which Flink agreed to purchase in 2022.
The San Francisco-based firm has launched with $9m in equity funding and $30m in debt financing.
Apple has reportedly proposed ending its partnership with Goldman Sachs within the next 12 to 15 months.
Watch our highlights video from the FinTech Futures AI Insights event on 22 November.
HSBC executives Vinay Mendonca and Shehan Silva have been appointed as CEO and COO of the new JV, respectively.
The BaaS model will enable Egypt’s non-bank firms to integrate banking services into their product lines.
The US banking giant is aiming to boost its presence and service offerings in the UAE.
A longstanding company executive, Zengel has worked with Jack Henry for the last 24 years.
Marqeta hired Parker in September 2022 to build out its international go-to-market and operational functions.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Trafalagar plans to launch its new platform, running on Vault Core, in Q2 2024.
Binance has agreed to pay $4.3bn in “one of the largest corporate penalties in US history”.
Kraken says it disagrees with the allegations and aims to “vigorously defend” itself in court.
The bank was flagged by the OCC last year for “unsafe or unsound” practices concerning its BaaS business.
The SME-focused challenger landed its UK banking licence with the FCA and PRA in March.
According to a report by Fortune, sources say the start-up has received multiple offers for acquisition.
“Our consumer brand growth was falling short of our goals,” says HMBradley CEO and co-founder Zach Brunke.
Monzo could close its latest round of funding before the end of the year as it eyes up a potential IPO.
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Anand first joined Brex in January 2022 as chief product officer.
Enova says it has reached an agreement with the CFPB, with the majority of items being self-reported by the firm.
Having raised $15.5 million in seed funding, the fintech had hoped to raise an additional $40 million but to no avail.
Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Harden has served as the bank’s SVP of product development since February 2022.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Created 20 years ago, Lynx leverages AI and machine learning to detect and prevent financial crime.
The paytech was valued at $350 million only seven months ago.
Himagiri Mukkamala joins as CDO, Beth-Anne Bygum as CISO and Blair Williams as CRO.
In this episode, fintech founders share their experienced of building values for a new digital vision.
Tracie Loudermilk has also been appointed to the role of vice president of project and consulting solutions.
By moving to the cloud, AWS claims that MUFG has been able to reduce IT operational costs by 20%.
The company has secured an additional $250 million in debt financing to support its lending operations.
Moneythor’s Customer Activation Management aims to help banks achieve long-term customer profitability.
The bank says the platform will enable it to deliver “affordable term loans” directly to its SMB customers.
The first two quarters of this year saw global enforcement fines amount to $1.5bn and $2.27bn, respectively.
The round was led by Ribbit Capital with participation from existing investors Kleiner Perkins and Thrive Capital.
First-hand insights and learnings of fintech founders on how to strategically build a versatile team.
The cuts were first reported by Fortune, but the total number of employees impacted is currently unknown.