Klarna to resurrect BNPL fintech Laybuy in New Zealand following acquisition of assets
Klarna's Acquisition: Swedish payments company Klarna has acquired the assets of the BNPL fintech Laybuy in New Zealand.
Laybuy's Previous Struggles: Laybuy ceased...
Malta’s Papaya promotes Igor Tsybolyuk to CEO
Promotion to CEO: Maltese fintech company Papaya has promoted Igor Tsybolyuk to the role of CEO, effective immediately. He had been serving as...
Advans Pakistan Microfinance Bank in core banking tech overhaul with AutoSoft Dynamics
New Core Banking System: Advans Pakistan Microfinance Bank has implemented the AutoBanker core banking system from AutoSoft Dynamics, covering branch banking, credit, compliance,...
Germany’s Upvest embeds Deutsche Bank’s banking infrastructure to expand its product range
Upvest, a Berlin-based fintech, has formed a strategic partnership with Deutsche Bank to expand its product offerings.
Upvest was founded in 2017 and...
Singapore-based fintech start-up WSPN bags $30m seed funding
WSPN (Worldwide Stablecoin Payment Network), a Singapore-based stablecoin infrastructure provider, raised $30 million in a seed funding round.
The round was led by...
Mastercard set to lay off around 3% of global workforce
Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees.
The layoffs are a result of organizational changes announced...
HSBC reportedly considering sale of its South African business
HSBC Holdings is reportedly considering selling its South African business to focus on Asian markets, according to Bloomberg.
Potential interested bidders for the...
ABN Amro goes live with CBA’s IBAS TDD software and nCino’s cloud banking platform
ABN Amro has implemented new technology from nCino and Commercial Banking Applications AS (CBA) to accelerate its digital transformation and enhance trade finance...
USAA president and CEO Wayne Peacock to retire in 2025
Wayne Peacock, President and CEO of USAA, plans to retire in the first half of 2025 after a 36-year tenure with the company.
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