BIS’ Project Agorá to commence design phase with private sector participants confirmed
Project Overview: Project Agorá, led by the Bank for International Settlements (BIS), aims to explore how tokenisation can improve wholesale cross-border payments.
Private...
UK wealth manager Quilter buys NuWealth to boost first-time investor support
Acquisition Announcement: London-based wealth manager Quilter has acquired digital investment platform NuWealth, launched in 2019, for an undisclosed sum.
NuWealth Specialization: NuWealth focuses...
NeoXam set to acquire data control and automation platform EZOPS
NeoXam Acquisition: NeoXam, a Paris-based fintech firm, is set to acquire EZOPS, an AI-powered data control and automation company.
Expansion: The acquisition will...
UK credit card start-up Yonder secures £23.4m in fresh funding
Funding Raised: £23.4 million.
Lead Investors: RTP Global and Repeat (formerly Jigsaw VC), with additional support from LocalGlobal, Seedcamp, and Northzone.
Previous Funding:...
Ex-TSB chief Paul Pester joins UK wealthtech start-up Firenze as chair
Leadership Appointments:Paul Pester: Former TSB Bank CEO, appointed as chair of Firenze's board.
Samantha Bamert: Former Barclays executive, named non-executive director.
Mike...
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more
Loop:Funding Raised: $4.7 million (CAD 6.4 million).
Headquarters: Toronto, Canada.
Investors: Mistral Venture Partners, Luge Capital, Graphite Ventures, Wedbush Ventures, Conconi Growth...
Affinity Plus FCU signs Lumin Digital for online and mobile banking revamp
Affinity Plus Federal Credit Union (Minnesota) has signed a multi-year deal with Lumin Digital.
The $4.2 billion-asset credit union is adopting Lumin’s cloud-based...
UAE challenger Ruya Bank partners Network International for digital payment capabilities
Ruya Bank, the first Islamic digital community bank in the UAE, has signed with Network International for payment solutions.
The partnership provides Ruya...
Syndicated loan platform Versana raises $26m with plans for global expansion
Versana raised $26 million in a capital round, welcoming Barclays as a new investor.
Barclays will act as an investor, subscriber, and agent...
