CaixaBank doubles down on generative AI with launch of GalaxIA project
Second Phase of GenAI Initiative: CaixaBank is launching the second phase of its generative AI project, named GalaxIA, to further integrate AI across...
Stellex Capital acquires Fincentric from S&P Global
Acquisition Details: Stellex Capital Management, a US private equity firm with over $2.8 billion in assets, has acquired Fincentric (formerly Markit On Demand)...
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for strategic acquisitions and tech infrastructure...
PayZen lands $32m equity investment and $200m credit warehouse in Series B round
Funding Announcement:PayZen, a US-based healthcare-focused fintech, secured $32 million in equity and a new $200 million credit warehouse in an oversubscribed Series...
Experian snaps up behavioural analytics firm NeuroID
Acquisition Details:Experian has acquired NeuroID, a US-based tech start-up specializing in behavioral analytics, for an undisclosed amount.NeuroID's Expertise:Founded in 2014,...
ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more
Layer2 Financial:Funding: $10.7 million Series A.
Investors: Led by Galaxy Ventures, with participation from Accomplice.
Purpose: To drive market expansion, product development,...
National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai
Partnership for Digital Upgrade:NBF has partnered with iGTB to upgrade its digital banking capabilities by adopting iGTB’s open finance platform, eMACH.ai.eMACH.ai...
CIBC plans to hire for 200 new data and AI roles over the next 12 months
Hiring Initiative:CIBC, Canada’s fifth-largest chartered bank, plans to hire over 200 data and AI professionals within the next 12 months.Strategic Focus:...
Pagaya set to acquire Silicon Valley’s Theorem Technology for an undisclosed sum
Here are the key points regarding Pagaya Technologies' acquisition of Theorem Technology:Acquisition Overview:US-Israeli fintech Pagaya Technologies has agreed to acquire Theorem Technology,...
