HD Bank launches Vikki Digital Bank in Vietnam powered by Thought Machine’s Vault Core
Launch of Vikki Digital Bank: HD Bank, a Vietnamese commercial bank, has launched Vikki Digital Bank through a joint venture with Galaxy FinX...
Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems
Partnership Announcement: Kuwait-based Boubyan Bank has selected Swiss banking technology vendor Temenos to modernize its core banking systems.
Scope of Modernization: The bank...
Savvy Wealth bags $15.5m in Series A-2 funding round led by Canvas Ventures
Funding Round: Savvy Wealth, a US-based wealthtech firm, secured $15.5 million in a Series A-2 funding round led by Canvas Ventures.
Total Series...
Houlihan Lokey names Andrew Atherton as new fintech managing director
New Position: Andrew Atherton has joined Houlihan Lokey as a Managing Director in its fintech group.
Location: Atherton will be based in San...
Nuvei set to obtain licence in Brazil with proposed acquisition of Pay2All
Acquisition Agreement: Canadian payments processor Nuvei has agreed to acquire Pay2All to strengthen its position in the Brazilian payments market.
Regulatory Authorization: Pay2All...
Vantage West Credit Union introduces HUSTL, a new digital banking start-up for freelancers
Launch: Vantage West Credit Union has introduced HUSTL Financial, a digital banking start-up aimed at freelancers.
Target Audience: HUSTL is designed to meet...
Shawbrook taps nCino for automated SME loan origination
Purpose: Shawbrook Bank has chosen nCino’s platform to automate loan origination and portfolio management processes.
Functionality: The platform will automate complex lending processes,...
Bilt Rewards elevates valuation to $3.25bn with new $150m investment
Funding Secured: Bilt Rewards, a New York-based loyalty fintech, raised an additional $150 million, following a $200 million round seven months earlier.
Valuation:...
Native American-focused neobank Totem set to close down
Closure Announcement: Totem Technologies, a neobank founded in 2022 to serve Native Americans, announced it is shutting down. The news was shared by...
