Banking
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
Mastercard puts down $2.65bn for AI-powered threat intelligence platform Recorded Future
Mastercard plans to acquire US-based threat intelligence platform Recorded Future for $2.65 billion.
The deal, with Insight Partners (which acquired Recorded Future in...
FE fundinfo buys out investment research platform AdviserAsset
FE fundinfo has acquired AdviserAsset, a due diligence and product selection tool, for an undisclosed sum.
AdviserAsset, founded in 2010, supports financial advisors,...
India’s FlexiLoans bags $34.5m Series C for lending platform expansion
FlexiLoans raised $34.5 million in Series C funding to support India’s micro, small, and medium-sized enterprises (MSMEs) through its online lending platform.
The...
Westpac promotes Anthony Miller to CEO amid Peter King’s departure
Anthony Miller has been promoted to group CEO and managing director of Westpac, effective 16 December 2024.
He will succeed Peter King, who...
Paymob secures $22m Series B extension to continue GCC roll-out
Paymob, an Egypt-based B2B merchant financial services platform, raised $22 million in a Series B extension led by EBRD VC (European Bank for...
Form3 bags $60m Series C extension with new investor British Patient Capital
Form3 closes a $60 million Series C extension with British Patient Capital as a new investor.
Funding will be used for product and...
Mansfield Building Society in core banking tech overhaul with TCS
Mansfield Building Society partners with Tata Consultancy Services (TCS) to modernize its software.
The society will migrate from its on-premise system to TCS...
Form3 bags $60m Series C extension with new investor British Patient Capital
Form3, a UK-based paytech, raised $60 million in a Series C extension round.
British Patient Capital, a subsidiary of the British Business Bank,...
Enfuce to launch dual-function E2 card in UK, France and Germany with Mastercard
Enfuce, a Finnish issuer processor, has partnered with Mastercard to expand its E2 card offering to Germany, France, and the UK.
The E2...

