Banking

Varo Financial Raises $123.9 Million in Funding Boost

The latest funding round strengthens Varo's financial position and growth plans.Highlights: Varo Financial secures $123.9 million in new funding.The investment will support Varo's growth strategy.Varo aims to enhance its...

NatWest to Shut 32 Branches, Tightening Its Retail Network

The bank aims to streamline operations amid changing customer habits.Highlights: NatWest to close 32 branches in a strategic...

Novum Secures UK Pension Fund Backing, Strengthening Fintech Growth

Funding supports expansion of innovative financial services in the UK.Highlights: Novum has received investment from a UK pension...

Apax Spins Out Finastra Treasury and Capital Markets Business, Strengthening Focus

Finastra's TCM unit now operates under the new brand Teciem.Highlights: Finastra's Treasury and Capital Markets unit has been...

TSB Warns of Spike in Romance Scams Amid Rising Online Fraud

Recent increase in romance scams targets vulnerable individuals.Highlights: TSB reports a dramatic increase in romance scams.Victims often lose...
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AKUVO: Closes $10 Million Investment Round

AKUVO: Closes $10 Million Investment RoundAKUVO, a technology organization specializing in collections and credit risk, has announced a new round of funding Original...

Cardstream Group: Launches White Label PayFac-as-a-Service for Global Markets

Cardstream Group: Launches White Label PayFac-as-a-Service for Global MarketsCardstream Group introduces new white-label PayFac-as-a-Service for global markets The full-function platform offers a comprehensive...

Bybit: Introduces AI Tool to Personalize Crypto Investing

Bybit: Introduces AI Tool to Personalize Crypto InvestingBybit Launches AI-Powered Tools Discovery Program for Personalized Crypto Trading The AI program Tools Discovery offers...

VP Bank: Consolidates Digital Asset Custody and Tokenization Operations on Metaco Harmonize

VP Bank: Consolidates Digital Asset Custody and Tokenization Operations on Metaco HarmonizeVP Bank has partnered with Metaco, a provider of digital asset technology...

TerraPay: Closes Series B Equity Financing Round, Raising Over $100 Million in Equity and Debt Financing

TerraPay: Closes Series B Equity Financing Round, Raising Over $100 Million in Equity and Debt FinancingTerraPay has raised over $100 million in equity...

SoFi Technologies: Acquires Leading Fintech Mortgage Lender, Wyndham Capital Mortgage

SoFi Technologies: Acquires Leading Fintech Mortgage Lender, Wyndham Capital MortgageSoFi Technologies, Inc. has acquired Wyndham Capital Mortgage, a leading fintech mortgage lender, in...

TNS and the Commonwealth Cyber Initiative Publish Concept Paper on Branded Calling

TNS and the Commonwealth Cyber Initiative Publish Concept Paper on Branded CallingTNS and the CCI have published a concept paper on branded calling...

NAB: Introduces payment prompts to help keep customers safe

NAB: Introduces payment prompts to help keep customers safeNAB has started introducing proactive prompts to digital banking to help customers identify potential scams  ...

Alchemy Pay: Raises $10 million in funding at a $400 million valuation through partnership with DWF Labs

Alchemy Pay: Raises $10 million in funding at a $400 million valuation through partnership with DWF LabsAlchemy Pay has partnered with DWF Labs...
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