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Nutmeg and Chase UK CEO Sanjiv Somani resigns

JP Morgan executive Sanjiv Somani, CEO of Nutmeg and Chase in the UK, resigns from the firm, with Sanoke Viswanathan set to take over. Facts...

Bank of England forms CBDC Academic Advisory Group for proposed digital pound

The Bank of England and HM Treasury have established the CBDC Academic Advisory Group (AGG) to create a comprehensive architecture for the digital pound,...

Nationwide Building Society transfers financial planning service to Aegon UK

Nationwide Building Society is transferring its financial planning service to Aegon UK, its investment partner of seven years, to enhance focus on other product...

Indian fintech start-up Credgenics secures $50m Series B funding

Debt collection SaaS platform Credgenics secures $50 million in Series B funding led by Westbridge Capital, expanding its innovative debt resolution solutions across markets. Facts...

ConnexPay appoints former PayPal exec George Hansen as chief revenue officer

US-based paytech ConnexPay appoints George Hansen as Chief Revenue Officer (CRO) to lead revenue growth and support modernized payments. FactsGeorge Hansen, with over 20...

Bangladesh Bank taps Fime to launch domestic card scheme

Bangladesh Bank partners with fintech company Fime to launch a domestic card scheme, aiming to enhance financial inclusion through a stable payment infrastructure. FactsBangladesh...

Svatantra to acquire Navi Group’s microfinance subsidiary for $178.6m

Indian microfinance company Svatantra Microfin is set to acquire Chaitanya, a subsidiary of Navi Group, for $178.6 million, becoming the second largest microfinance entity...

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