ID Finance bags $30m debt facility to boost growth in Mexico
The facility follows a recent €30 million equity fundraise led by UK-based asset manager Kingsway Capital.
The facility follows a recent €30 million equity fundraise led by UK-based asset manager Kingsway Capital.
The round was led by Left Lane Capital, with participation from other investors.
GreenSky was acquired by Goldman in 2021 for $2.24bn to furnish its Marcus banking app.
On 29 & 30 June, 5000+ professionals will gather to attend a new edition of ICT Spring in Luxembourg.
Pidgin’s CEO says the demand for real-time payments is growing “among consumers and businesses alike”.
A new cartoon illustrating how getting market timing and positioning right is key to success.
Owners Bank offers checking and savings accounts as well as digital tools for small businesses.
Corelation has signed Hawaii Community FCU and Pearl Hawaii FCU as its new clients.
Customer accounts without funds will be closed on 9 May, Paxos says.
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.
A handy round-up of the recent funding endeavours of fintech companies across the US.
Modernising the bank’s core systems “paves the way” for continued, sustainable growth, Regions says.
The scalable platform is built on an open-API infrastructure, allowing the credit union to customise features.
The bank’s clients will now be able to utilise ACH, wire transfer and real-time payments.
The new funding follows a previously undisclosed $110 million Series C round in November 2021.
The Universal Monetary Unit (UMU) is designed to enforce banking regulations.
At Visa, Yu led teams across the business, including business development, sales, finance, and operations.
The bank has deployed E6’s products to bring card issuing and processing to its customers.
Cheng has served as interim CEO for Wyre since January 2023.
Visa has partnered with PayPal and Venmo to trial the new service.
The new funding takes the firm’s total Series B to $435 million following an initial $165 million raise last year.
Tynan has served on the firm’s board since August 2021 and has previously held roles at BofA and Citigroup.
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.
The FDIC says the two portfolios are worth around $27 billion (Signature Bank) and $87 billion (SVB).
The agreement marks Navan’s fifth acquisition in the last two years.
US Bank and Kyriba clients can now send instant payments to vendors, customers and employees.
The banking charter from the FDIC would allow the neobank to offer its services across the country.
The company will use the new capital to expand its global presence and hire more engineering staff.
The acquisition includes both “talent and technology” and is designed to help SoFi scale.
A new cartoon illustrating how consumer fintechs are having to constantly pivot to find product market fit.
Together, both firms will now serve over 6 million customers globally.
Bhardwaj will lead a team analysing trends in fintech including digital assets and bank-fintech partnerships.
Liberty Bank says the move to Alkami’s platform is a “crucial step” in its complete tech stack overhaul.
A handy round-up of the recent funding endeavours of fintech companies across the US.
Shetty will be responsible for developing Varo’s technology stack as the bank looks to scale.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Seattle Bank customers can now access loans for high-value transactions directly through merchants.