Nuvei lands Singapore MPI licence for APAC expansion
Nuvei's Licence Grant:Nuvei, a Canadian payment technology company, has been granted a major payment institution (MPI) licence by the Monetary Authority of...
Empower Finance strikes deal to buy Petal with Cashalo acquisition completed
Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...
Google Cloud to develop quantitative research and genAI capabilities for three new industry takers
Google Cloud's Expansion in Financial Institutions:Google Cloud has extended its technology to three new financial institutions, showcasing a boost for the industry's...
Linqto to go public via $700m SPAC merger with BCSA
Linqto Going Public:US digital investment platform Linqto is set to go public via a business combination deal with Nasdaq-listed special purpose acquisition...
M&S and HSBC UK agree new seven-year partnership to enhance credit and payments offering
Partnership Overview:Marks and Spencer (M&S) signs a new seven-year partnership with HSBC UK to enhance credit and digital payment services offered through...
Mastercard to realign organisational structure with three new divisions
Organizational Restructuring:Mastercard announces plans to reorganize its teams into three units: Core Payments, Commercial and New Payment Flows, and Services.Leadership Changes:...
Spendesk combines procurement with spend management through Okko acquisition
Acquisition Details:Spend management platform Spendesk is acquiring Okko, a Software-as-a-Service (SaaS) procurement platform based in Paris, France.
The acquisition is aimed at...
Alisa Bank snaps up invoice financing fintech Puro Finance to bolster SME services
Merger Details:Alisa Bank in Finland is set to acquire invoice financing fintech Puro Finance through a share exchange.
The acquisition will result...
FloQast lands $100m Series E funding at $1.6bn valuation
Funding Round Details:Californian finance and accounting operations platform FloQast has closed its Series E funding round at $100 million.
The post-money valuation...
