Banking

Klarna Stock Tumbles After Disappointing Q4 Results

Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4 losses.The company's financial performance raised concerns among investors.Klarna's results indicate challenges...

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...

Jump Raises $80M to Boost AI Operating System for Financial Advisors

The funding aims to enhance AI-driven solutions for wealth management professionals.Highlights: Jump raises $80 million in Series B...
spot_img

AI co-pilot solution Reflexivity raises $30m Series B led by Greycroft and IBKR

Funding Round: Reflexivity raised $30 million in a Series B round led by Greycroft and Interactive Brokers (IBKR). Integration with IBKR: IBKR plans...

Africa’s “fastest-growing fintech” Moniepoint secures $110m Series C funding

Funding Round: Moniepoint raised $110 million in a Series C round led by ADP III, with participation from Lightrock, Google’s Africa Investment Fund,...

Dutch paytech Online Payment Platform secures EMI licence in the UK

EMI License: Online Payment Platform (OPP) has received an electronic money institution (EMI) license from the FCA in the UK, expanding its service...

New digital wallet Kuady launches in several LatAm markets powered by Mambu

Launch: Open Payment Technologies has launched Kuady, a digital wallet app, in Peru, Chile, Argentina, and Mexico, aimed at financial inclusion. Powered by...

Citi pens multi-year cloud and AI tech modernisation deal with Google Cloud

Partnership Announcement: Citi has entered a multi-year partnership with Google Cloud to modernize its technology infrastructure with cloud and AI. Migration Plans: Citi...

Triodos Bank’s UK CEO Bevis Watts to step down in 2025

Bevis Watts to Step Down: Bevis Watts, CEO of Triodos Bank UK, will step down in June 2025 after five years as CEO...

American Express to acquire UBS’s 50% stake in Swisscard, becoming sole owner

Acquisition Details: American Express (Amex) will buy UBS’s 50% stake in Swisscard AECS, making Amex the sole owner. The transaction’s value is undisclosed...

Ziraat Bank KSA in major core banking system upgrade with Temenos and DevisersTech

Core Banking Upgrade: Ziraat Bank KSA upgraded its core banking system from Temenos’ T24 R17 to the R24 version. Delivery Partner: The project...

Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora

Banking License: Afin Bank has received an Authorized with Restrictions (AwR) banking license from the Prudential Regulation Authority (PRA). Launch Timeline: The bank...
spot_img