Banking

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after a hack.The platform is working with security experts to assess the...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...

Visa Launches AI-Powered Dispute Resolution Tools

New tools aim to streamline resolution of payment disputes.Highlights: Visa introduces AI tools for payment dispute resolution.The new...

UK Fintechs Vibepay and SmartLayer Shut Down

Both companies cease operations amidst challenging market conditions.Highlights: Vibepay and SmartLayer have officially ceased operations.The closures are attributed...
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Loqbox: Gives renters the opportunity to build credit worthiness

Loqbox: Gives renters the opportunity to build credit worthinessLoqbox has launched a brand new feature allowing members to use Moneyhub’s open banking technology...

AMX: Automates Emir Reconciliations with Fund Recs

AMX: Automates Emir Reconciliations with Fund RecsAMX the Ireland based 3rd Party Management Company chosen the Fund Recs Velocity platform to automate EMIR...

Sandstone Technology: Partners with Codat

Sandstone Technology: Partners with CodatSandstone Technology expands to cater to SME customers, with a one platform approach Identified an opportunity to offer the...

SIX: Brings Connexor warrants issuance platform to Spain

SIX: Brings Connexor warrants issuance platform to SpainSIX provides services in the securities, payments, and financial information business and caters to a broad...

Seba Bank: Wins permission to open for business in Abu Dhabi

Seba Bank: Wins permission to open for business in Abu DhabiSEBA Bank is the Swiss smart bank providing a secure, institutional-grade, universal suite...

HooYu: Partnering with Virgin Money

HooYu: Partnering with Virgin MoneyHooYu is a global customer on-boarding platform that provides UI & UX tools to deliver customized mobile Virgin Money...

MarketForce: Raises $40M Series A

MarketForce: Raises $40M Series AMarketForce, the Nairobi-headquartered B of consumer goods Announces the closing of a $40 million Series A round, the largest...

Intesa Sanpaolo: Launches new startup development programme

Intesa Sanpaolo: Launches new startup development programmeIntesa Sanpaolo, the leading Italian banking group, offers its services to 11.1 million customers through a nationwide...

Umazi: Closes $1m investment

Umazi: Closes $1m investmentUmazi seeks to create a software-enabled market allowing corporations to create a single digital identity Secured $1m investment from Innovate...
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