Italian competition authority interrupts migration of 2.4m Intesa Sanpaolo accounts to Isybank
Interruption by AGCM: The Italian competition authority (AGCM) halts Intesa Sanpaolo's plan to migrate 2.4 million customer accounts to Isybank.
Express Approval Required:...
UK fintech Plum signs strategic partnership with Greece’s Eurobank, lands €10m investment
Plum, a UK-based smart money app, forms a strategic partnership with Eurobank.
Eurobank invests €10 million in Plum, with an initial €5 million...
AI-backed Aussie risk decisioning firm Rich Data Co raises $17.5m Series B
Rich Data Co (RDC) secures $17.5 million in Series B funding round.
Plans for North American expansion fueled by the investment.
Westpac and...
SoFi set to end crypto services, taps Blockchain.com as “strategic crypto partner”
SoFi Ends Crypto Services:SoFi announces the termination of its crypto services on 19 December.
Users can either close their crypto accounts or...
UK challenger Aldermore Bank enters strategic partnership with Mambu
Strategic Partnership: Aldermore Bank has entered into a strategic partnership with cloud banking platform Mambu to modernize its technology.
Bank Overview: Aldermore Bank, founded in...
Nucleus Commercial Finance secures £200m funding facility from NatWest
UK SME lender Nucleus Commercial Finance secures £200 million funding from NatWest.
The funding increases Nucleus' total lending capacity to £900 million.
Nucleus...
ICYMI fintech funding round-up: PhiCommerce, Yabi, Enfuce and more
PhiCommerce Funding Round:Indian payment solutions provider PhiCommerce secures $10 million in a Series A1 funding round.
Led by Singapore-based VC firm BeeNext...
UK fintech Paysend lands $65m in fresh funding round
Funding Success: London-based fintech Paysend secures $65 million in a recent funding round.
Global Reach: Paysend, founded in April 2017, claims a global presence with...
Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs
Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal.
The...
