Saudi Awwal Bank taps Wise for international money transfers
Saudi Awwal Bank (SAB) has teamed up with UK fintech Wise to offer its customers fast and secure international remittance services, aligning with Saudi...
Monzo announces new feature to help protect customers against impersonation scams
Monzo, a UK-based digital bank, has introduced a new 'call status' feature in its app to protect its eight million customers from impersonation scams,...
UK start-up Perenna secures unrestricted banking licence from FCA and PRA
Mortgage bank Perenna obtains an unrestricted banking license from the FCA and PRA, allowing it to introduce long-term fixed-rate mortgages in the UK, aiming...
Commonwealth Bank of Australia snaps up business lending platform Waddle from Xero
Commonwealth Bank of Australia (CBA) has acquired the cloud-based invoice lending platform Waddle through its venture-scaling arm x15ventures.
FactsCBA acquired Waddle, a Sydney-based fintech...
Israel’s ThetaRay secures $57m to accelerate global expansion
ThetaRay, an Israeli AI-based transaction monitoring and screening solution provider, secures $57 million in funding led by Portage, with participation from existing investors.
FactsThetaRay,...
JP Morgan Payments taps Network International to strengthen payments acquiring in the Middle East
JP Morgan Payments has partnered with Network International, an e-commerce enabler in the Middle East and Africa, to enhance its payment services in the...
Emirates NBD makes strategic investment in trade finance tech firm Komgo
Dubai-based banking group Emirates NBD has made a strategic investment in Komgo, a software firm catering to the trade finance industry, through its Innovation...
OTPP snaps up Caledonia Investments’ majority stake in wealth management firm 7IM for £255m
Caledonia Investments has sold its majority stake in Seven Investment Management (7IM) to Ontario Teachers’ Pension Plan (OTPP) for £255 million, pending Financial Conduct...
Alpian CEO Schuyler Weiss resigns to pursue public service in the US
Schuyler Weiss, CEO of Swiss neobank Alpian, resigns to pursue a career in public service in the US. Gianmarco Bonaita, the deputy CEO, is...
