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Selfwealth has received a non-binding indicative proposal from AxiCorp Financial Services, as the latter aims to acquire 100% of the shares for USD 0.23 cash per share.
investment, acquisition, banking, financial services, financial institutions
Gate City Bank has partnered with Alkami to offer a complete suite of solutions, including retail and business banking, and digital account opening features.
banking, fintech, digital banking, customise solutions, partnership
Cinkciarz.pl Sp. z o.o., a subsidiary of Conotoxia Holding, has announced its transition to a joint-stock (JSC) company.
banking, online banking, fintech, JSC, banking license
Japan-based startup SmartBank has announced the rise of a USD 26 million funding round, aimed at the development of its personal finance management app.
funding, investment, banking, personal finance management
Neo Financial has announced that it secured USD 258.53 million in its recent funding round, as the company competes with traditional banking institutions.
banking, fintech, partnership, funding, alternative banking
Metro Bank has been fined nearly GBP 17 million by the UK’s financial watchdog FCA for failings in its money-laundering controls over four years.
banking, fraud detection, fraud management, money laundering, financial services, financial institutions
Saudi Arabia-based fintech infrastructure platform Lean Technologies has raised USD 67.5 million in a Series B funding round to scale its Pay-by-Bank and Open Banking offerings.
funding, investment, banking, Open Banking, Open Finance
The Qatar Financial Centre Authority (QFC) has signed a Memorandum of Understanding (MoU) with Dukhan Bank to explore beneficial business opportunities.
banking, fintech, partnership, banking services, customised
Argentine fintech company Ualá has announced the raise of USD 300 million in a new funding round, which will allow the company to reach full profitability in all markets.
funding, investment, banking, financial services, financial institutions
Revolut has launched a new survey which shows that two-thirds of companies believe that 'legacy banks' are too slow to adapt to modern business needs.
product launch, survey, banking, financial services, financial institutions
Wolt has announced its partnership with global financial app Revolut to bring Wolt+ Membership to its Premium, Metal, and Ultra Paid plan subscribers.
partnership, banking, digital banking, mobile banking, online banking
Flexys has announced its partnership with cloud-native core banking platform 10x Banking in order to accelerate digital transformation in debt management for FIs.
partnership, banking, digitalisation, financial services, financial institutions
partnership, payments , cloud services, banking
The BCB Board of Directors has greenlit a public consultation on a proposal to regulate partnership models for delivering financial or payment services (BaaS).
payments , consultation, banking, compliance, regulations
Melio, a platform of accounts payable and receivable for SMEs, has secured USD 150 million in Series E funding, reaching a valuation of USD 2 billion.
banking, fintech, digital banking, financial institutions, online banking
Mumbai-based supply chain fintech startup Veefin has announced its decision to acquire a stake in a Singapore-based genAI startup Walnut.
acquisition, investment, banking, artificial intelligence, financial services
Konsentus has announced its collaboration with the Bank of Namibia in order to develop API standards and to support the bank’s implementation of Open Banking.
partnership, banking, Open Banking, Open Finance, open data
Neem has announced the rise of USD 4 million credit facility from DNI Group to scale its earned wage access solution across the region of Pakistan.
funding, investment, banking, financial inclusion, financial services
Mastercard and Diamond Trust Bank (DTB) have entered an agreement to introduce targeted digital payment services across Kenya, Uganda, and Tanzania.
partnership, banking, digital payments, tokenization
South Korea-based KakaoBank has announced its partnership with SCBX in order to open an internet bank for clients and users in the region of Thailand.
partnership, banking, online banking, financial services, financial institutions