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Tuesday, May 14, 2024

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Monzo secures additional $190m funding from new and existing investors

Funding Round Details:Monzo, the UK-based digital challenger bank, has secured an additional $190 million in its latest round of funding. The funding...

Sweden’s Mitigram names Pedram Tadayon as new CEO

New CEO Appointment:Swedish digital trade financing platform Mitigram has appointed Pedram Tadayon as its new CEO.Tadayon's Background:Tadayon brings over 25...

Ecology Building Society set for 2025 core banking overhaul with Monument Technology

Partnership Overview:UK-based mutual Ecology Building Society has partnered with Monument Technology, a technology division of domestic challenger bank Monument, for a significant...

Equals Money to power Chorus TM’s new financial management platform for the music industry

Equals Money to Power Chorus TM:Equals Money, a subsidiary of UK-based paytech Equals Group, has been selected to power Chorus TM, a...

UK lender Abound secures £800m in mix of equity and debt financing

Abound's Financing Round:UK-based credit technology firm Abound has secured a new financing round consisting of both equity and debt financing, potentially extending...

WaFd Bank to deploy Fiserv’s CashFlow Central for small business customers

WaFd Bank Partners with Fiserv:US-based WaFd Bank has collaborated with Fiserv to deploy a new digital payment and cash flow management solution...

CFPB fines Chime $3.25m for customer refund delays

Chime Fined by CFPB:US fintech Chime has been fined $3.25 million by the Consumer Financial Protection Bureau (CFPB) for delays in issuing...

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