Aussie SME lender Earlypay acquires Timelio’s $40m loan portfolio and assets
Earlypay acquired Timelio's assets and loan portfolio for approximately $3 million.
Earlypay adds $40 million to its loan portfolio, including $35 million in...
US fintech Bond.AI snaps up Elastech to bolster cloud and data offerings
Arkansas-based fintech Bond.AI acquires US-based company Elastech.
Bond.AI aims to enhance its cloud and data capabilities through the acquisition.
Bond.AI plans to expand...
German insurtech Wefox secures $55m debt financing from Deutsche Bank and UniCredit
Berlin-based insurtech Wefox secures $55 million in debt financing.
Deutsche Bank and UniCredit are the key financiers.
The financing is structured as a...
Klarna to establish UK holding company in preparation for billion-dollar IPO
Klarna, the Buy Now, Pay Later (BNPL) giant, plans to establish a new holding company in the UK for its upcoming IPO.
CEO...
NatWest engages IBM to revamp chatbot service with generative AI
NatWest selects IBM's Watsonx platform for Cora:NatWest partners with IBM for Cora's enhancement.Cora+ offers more human interactions:Cora+ designed to provide a more...
BNPL fintech Jifiti lands European EMI licence from Swedish regulator
Jifiti, a US-based fintech, has secured an EMI license from Sweden's financial regulator, enabling it to operate in Europe.
The license allows Jifiti...
Kentucky-based credit union Park Community names Jana Erny as president and CEO
Jana Erny is the new president and CEO of Park Community, a Kentucky-based credit union.
She will take over from Jim Spradlin, the...
National Bank of Georgia taps Ripple for CBDC pilot
The National Bank of Georgia selected Ripple as its technology partner for a digital lari pilot project.
Georgia's central bank plans to explore...
Intuit to merge personal financial management subsidiary Mint into Credit Karma
Mint's Standalone Operations End: Mint, the personal financial management business, will no longer operate independently from January 1, 2024.
Mint Merged into Credit...
