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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OFX: Acquires Firma Foreign Exchange Corporation

OFX: Acquires Firma Foreign Exchange CorporationOFX announces that it has entered into an agreement to acquire 100% of Firma for a total consideration...

Broker Insights: Raises £6m in Series-A funding round

Broker Insights: Raises £6m in Series-A funding roundBroker Insights raised more than £6m in a Series A funding round led by Mercia Chroma...

Ascendus: Selects Scienaptic’s Platform For AI-Powered Credit Underwriting

Ascendus: Selects Scienaptic’s Platform For AI-Powered Credit UnderwritingAscendus believes in the bold vision of achieving financial ascension for all Scienaptic is on...

Barclays: Granted license to operate as a foreign ADI in Australia

Barclays: Granted license to operate as a foreign ADI in AustraliaBarclays is a British universal bank are diversified by business, by different types...

Stripe: Commits further $6 million to carbon removal efforts

Stripe: Commits further $6 million to carbon removal effortsStripe is a technology company that builds economic infrastructure for the internet The company made...

Wombat: Appoints ex-Revolut director to advisory board

Wombat: Appoints ex-Revolut director to advisory boardWombat as it prepares for European expansion and the launch of new products and features in 2022 ...

Tiger Global: Leads $110 million Series D in Bizongo

Tiger Global: Leads $110 million Series D in BizongoTiger Global Management, LLC is an investment firm that focuses on private and public companies...

Monese: Acquires freelance service provider Trezeo

Monese: Acquires freelance service provider TrezeoMonese, the leading pan-European fintech, announces the acquisition of Trezeo Trezeo, an FCA authorised financial services provider serving...

Nuvei: Announced it has entered into a partnership with FTX Trading LTD

Nuvei: Announced it has entered into a partnership with FTX Trading LTDNuvei the global payment technology partner of thriving brands provide the intelligence...
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