FinTech Funding News: HUB2, Schuman Financial, Sandbox Wealth, and More Secure Key Investments
HUB2 Raises €8 Million: African fintech start-up HUB2 secured €8 million in Series A funding, led by TLcom Capital, to streamline payments for...
Offa Expands with Acquisition of UK Islamic Home Finance Portfolio
Offa, a UK-based Sharia-compliant fintech specializing in property finance, has acquired the Bank of Ireland’s Alburaq Islamic home finance portfolio, which includes over...
TSB Appoints Marc Armengol as Next CEO Amid Strategic Shifts
TSB has announced Marc Armengol, a current board member, as its new CEO, set to assume the role in early 2025.
He succeeds...
WadzPay Secures $36.7M from GEM to Drive Global Growth
Blockchain SaaS provider WadzPay Worldwide has secured a $36.7 million capital commitment from GEM Global Yield through a share subscription facility (SSF).
The...
Standard Chartered Reshapes Strategy with Potential Business Sales
Standard Chartered is exploring the sale of its retail and wealth banking businesses in Botswana, Uganda, and Zambia.
This strategic move supports its...
Close Brothers Asset Management Adopts Objectway’s Portfolio Management Solution
Close Brothers Asset Management (CBAM) has partnered with Italian fintech provider Objectway to enhance its portfolio management capabilities.
The solution integrates portfolio analysis,...
CaixaBank Unveils €5 Billion Technology Investment in Strategic Plan
Spain’s CaixaBank has launched its 2025–2027 strategic plan, committing over €5 billion to technology investments to enhance digital competitiveness.
The plan prioritizes business...
Nationwide Transitions to HPE GreenLake Hybrid Cloud Platform
Nationwide Building Society is moving its IT infrastructure to a hybrid cloud platform powered by HPE GreenLake, aiming for a 30% reduction in...
Beacon Launches Digital Wallet for Immigrants Moving to Canada
Toronto-based fintech Beacon is set to launch Beacon Money, Canada’s first digital wallet dedicated to new international residents, in January 2025.
The wallet simplifies...
