Qonto receives order from Banca d’Italia to improve AML measures in its Italian subsidiary
Qonto Ordered to Improve AML Measures by Banca d’Italia
Key Points:Order from Banca d’Italia:French business banking fintech Qonto has been ordered by Italy’s...
Bank of England launches discussion paper on “ambitious agenda” for UK’s payments landscape
Bank of England Discussion Paper on Payments Innovation
Key Points:Objective:The Bank of England (BoE) has released a discussion paper to seek feedback on...
Israel’s ThetaRay snaps up Screena to enhance financial crime detection
ThetaRay Acquires Belgian Fintech Screena
Key Points:Acquisition Overview:Acquirer: ThetaRay, an Israeli provider of AI-driven transaction monitoring.
Target: Screena, a Belgian fintech specializing in...
German American Bancorp and Heartland BancCorp to merge in $330m deal
German American Bancorp and Heartland BancCorp $330 Million Merger
Key Points:Merger Agreement:Companies Involved: German American Bancorp (parent of German American Bank) and Heartland...
Octo3 merges with fintech solutions provider Evantagesoft to launch new FTS.Money brand in Asia
Octo3 and Evantagesoft (EVS) Merge to Form FTS.Money
Key Points:Merger and New Brand:Companies Involved: Payment infrastructure firm Octo3 and banking technology solutions provider...
Coinbase’s CB Payments unit fined £3.5m by FCA
FCA Fines Coinbase’s CB Payments Ltd (CBPL)
Key Points:Fine Imposed:Amount: £3,503,546 million.
Reason: Alleged breaches of a requirement preventing CBPL from offering services...
Stripe buys US paytech start-up Lemon Squeezy
Stripe Acquires Lemon Squeezy
Key Points:Acquisition Overview:Acquirer: Stripe.
Target: Lemon Squeezy, a US-based payments platform start-up.
Acquisition Date: Announced recently, exact date undisclosed.
...
German wealthtech Bunch lands $15.5m Series A
Bunch Secures $15.5 Million in Series A Funding
Key Points:Funding Round:Amount Raised: $15.5 million.
Lead Investor: FinTech Collective (New York-based venture capital firm).
...
Alt.bank in Brazil migrates novücard credit card infrastructure to Visa’s Pismo
Alt.bank Migrates novücard Credit Card to Pismo's Core Banking Platform
Key Points:Migration Details:Fintech: Brazilian fintech alt.bank.
Product: novücard credit card.
New Platform: Migrated...
