Banking

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 funding.Investment will enhance AI solutions for financial advisors.The funding round was...

Figure Technology Data Breach Affects Nearly 1 Million Accounts

Customers urged to monitor their accounts after significant data exposure.Highlights: Figure Technology experiences a major data breach.Approximately 1...

Visa Strengthens Presence with Acquisition of Prisma Medios de Pago

Visa enhances its Latin American footprint by acquiring Prisma and NewPay.Highlights: Visa acquires Prisma Medios de Pago and...

Bank of Ireland UK Fined $3.7 Million for Delayed Anti-Fraud Tool Implementation

Regulator penalizes the bank for missing critical compliance deadlines.Highlights: Bank of Ireland UK fined $3.7 million by PRA.Penalty...

eBay Invests in TrueLayer, Strengthening Pay By Bank Initiative

The partnership aims to enhance direct bank transfers for eBay users.Highlights: eBay invests in TrueLayer to enhance payment...
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Singapore’s Valverde taps Broadridge for investment management solution

Valverde Investment Partners, a new Singapore-based investment firm focused on ASEAN equities, has partnered with Broadridge Financial Solutions to enhance its trade order...

US fintech Amount lands $30m in fresh funding to advance AI capabilities

Funding Round: Amount, a digital origination and decisioning SaaS platform, raised $30 million in its latest equity funding round. Investors: The round included...

Sharon Naidoo named new TransUnion CFO for the UK and Europe

Appointment: Sharon Naidoo has been appointed as the new regional Chief Financial Officer (CFO) for TransUnion in the UK and Europe. Previous Role:...

CaixaBank doubles down on generative AI with launch of GalaxIA project

Second Phase of GenAI Initiative: CaixaBank is launching the second phase of its generative AI project, named GalaxIA, to further integrate AI across...

Norway’s IDEX Biometrics names Catharina Eklof as new CEO

New CEO Appointment: Catharina Eklof, previously the Chief Commercial Officer (CCO), has been promoted to CEO of IDEX Biometrics, effective immediately. Predecessor: She...

Revolut becomes Europe’s most valuable private tech firm after $500m employee share sale

New Valuation: Revolut has become Europe’s most valuable private tech company, now valued at $45 billion after a secondary share sale. Employee Benefits:...

Stellex Capital acquires Fincentric from S&P Global

Acquisition Details: Stellex Capital Management, a US private equity firm with over $2.8 billion in assets, has acquired Fincentric (formerly Markit On Demand)...

Chaos Labs lands $55 million Series A led by Haun Ventures

Funding Secured: Chaos Labs, a blockchain risk management platform, has raised $55 million in a Series A funding round led by Haun Ventures. ...

ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more

ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing. Funds will be used for strategic acquisitions and tech infrastructure...
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