Citi pens multi-year cloud and AI tech modernisation deal with Google Cloud
Partnership Announcement: Citi has entered a multi-year partnership with Google Cloud to modernize its technology infrastructure with cloud and AI.
Migration Plans: Citi...
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
Deal Overview: Socure, a US digital identity verification and fraud prevention platform, will acquire San Francisco-based risk decisioning start-up Effectiv for $136 million.
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ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth Partnership
Founded: 2021 in Pakistan
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FinVolution expands into Pakistan with Daira launch
FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan.
Daira offers low-interest, flexible loans with funds transferred to...
LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally
LendingClub Corporation, a California-based digital lending platform, has partnered with Pagaya Technologies, a US-Israeli fintech, to acquire the intellectual property (IP) of defunct...
ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more
Bitlayer (Singapore) secured $9 million in a Series A extension, co-led by Polychain Capital and Franklin Templeton, following a $5 million seed and...
HSBC launches embedded finance venture SemFi with Tradeshift
HSBC has launched SemFi, a new B2B embedded finance technology company, through its joint venture with Tradeshift, a San Francisco-based fintech.
SemFi enables...
Ex-TNEX chief Bryan Carroll heads new Credit-Decisioning-as-a-Service start-up SMEApprove
Bryan Carroll, former TNEX chief, now leads SMEApprove, a Credit-Decisioning-as-a-Service (CDaaS) platform.
SMEApprove targets banks, fintechs, and lenders supporting the global SME sector.
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Bank of Hangzhou partners Malaysia’s Maybank to support cross-border businesses in China
Bank of Hangzhou and Maybank signed an MoU to support Chinese enterprises expanding into Southeast Asia.
The partnership will focus on enhancing cross-border...
