Upgrade snaps up BNPL vendor Uplift for $100m
California-headquartered Uplift provides BNPL payment and credit products to the travel industry.
California-headquartered Uplift provides BNPL payment and credit products to the travel industry.
The launch comes just days after the company secured $17 million in a Series A funding round.
The Philippines’ ninth largest bank currently operates over 400 ATMs across the country.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
According to an FCA filing, Jordan Sinclair has been appointed as UK chief executive for Robinhood.
Trintech hopes the deal will “act as a springboard for innovation” for its accounting automation platform.
The announcement follows JFS’s recent demerger from Reliance Industries.
Brian Muse-McKenney becomes Episode Six’s first CRO.
The Alabama-based firm aims to “improve financial wellness and eliminate cycles of debt for employees”.
Settle will use the expanded facility to boost its lending to e-commerce and consumer brands.
The US Federal Reserve has fined Credit Suisse $269 million, with the UK’s PRA issuing a further $119 million fine.
Its digital commerce business is to be called NCR Voyix, while its ATM business will be known as NCR Atleos.
The digital bank says it has now raised around €100m in funding over this year alone.
The confirmation comes two years after the digital bank launched in the UK.
Bain Capital will pick up a 90% stake, with current CEO Gaurav Gupta retaining the other 10%.
The Amazon One technology allows users to complete transactions using just their hand.
Martijn Stoker joins HSBC from JP Morgan, and Melissa Tuozzolo from Bank of America.
A new cartoon illustrating how the crypto community is starting to believe we’re at the start of another bull market.
The company will put the funding towards enhancing its software and furthering its market expansion.
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.
FedNow operates in parallel with the Federal Reserve’s existing payment services, Fedwire and FedACH.
Wagman joins Rapyd from the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA).
The complaint was filed by a Mexican citizen in June, according to El Economista.
The Fed says it found that Deutsche Bank made “insufficient remedial progress” in fixing its AML controls.
The start-up has also launched a new business card in partnership with Visa to help digital creators access credit.
The latest investment follows Sylvera’s $32 million Series A round held in January 2022.
The partnership will see Stanford FCU leverage Agent IQ’s digital engagement platform Lynq.
The start-up will use the funds to accelerate its research and product development and boost its marketing activity.
All three are preparing their organisations for future growth with higher member engagement.
The framework comes a year after the FSB called for regulation of the crypto industry on an international level.
Based in the US, Ava Kelly brings more than 25 years of payments industry experience to her new role.
The partnership seeks to provide better financing opportunities to foreign-born students in the US.
ThetaRay currently engages around one billion end users and monitors over 15 billion transactions per year.
Reuters reports Santander is making at least 50 new hires in a push to become a major investment banking player.
CTB will utilise the Temenos Banking Cloud to replace its legacy core systems and move to a SaaS model.
In addition to the asset acquisition, many of Tillful’s employees will be joining Nav in senior roles.
The integration seeks to provide wealth managers with the tools needed to boost their digital transformation.
The capital will be used to accelerate its growth in Mexico and fuel its international expansion plans.