Temenos Sells Multifonds for $400 Million
Swiss banking software company Temenos offloads asset administration business to Montagu Private Equity.Highlights:Sale Announcement: Temenos has sold its asset administration business, Multifonds, to...
Standard Chartered Predicts Bitcoin to Reach $500,000 by 2028
Major financial institution forecasts significant growth for Bitcoin driven by institutional adoption and market stability.Highlights:Bold Prediction: Standard Chartered predicts Bitcoin will reach $500,000...
Bank of Papua New Guinea Completes Digital Kina CBDC Field Trials
Successful completion of field trials paves the way for broader rollout of Central Bank Digital Currency in Papua New Guinea.Highlights:Successful Completion: The Bank...
Lunar Hires Nanna Bergmann to Lead BAAS Spinoff
Nanna Bergmann Appointed to Head Lunar’s New Banking-as-a-Service EntityHighlights:Leadership Appointment: Nanna Bergmann from The Bank of London joins Lunar.
New Entity: Leading the...
Egypt’s Khazna to Apply for Banking License After Securing $16 Million in Pre-Series B
Fintech Firm Aims for Digital Banking Expansion in MENA RegionHighlights:Significant Funding: Khazna secures $16 million in pre-Series B funding.
Digital Banking License: Plans...
Cashfree Payments Secures $53 Million Funding Led by Krafton
Fintech Firm Aims for Global Expansion with Latest InvestmentHighlights:Strategic Investment: $53 million funding led by Krafton, with participation from Apis Partners.
Valuation Boost:...
Worldpay to Acquire Ravelin, Enhancing Fraud Prevention with AI
Global Payments Leader Worldpay to Integrate Ravelin’s AI-Native Fraud SolutionsHighlights:Strategic Acquisition: Worldpay to acquire Ravelin, an AI-native fraud prevention platform.
Enhanced Fraud Solutions:...
BNY Mellon Appoints Carolyn Weinberg as Chief Solutions Innovation Officer
Global financial services firm welcomes industry veteran to drive innovation.Highlights:Carolyn Weinberg appointed as Chief Solutions Innovation Officer at BNY Mellon.
Weinberg joins from...
Anchor Raises $20M for Autonomous Billing and Collections Platform
Innovative fintech startup secures funding to revolutionize B2B billing and collections.Highlights:Anchor secures $20 million in Series A funding led by Mosaic General Partnership...
