Banking
FinTech
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 NewPay in Argentina.This acquisition strengthens Visa's foothold in Latin America.Prisma is...
FinTech
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...
FinTech
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...
FinTech
Vestwell Doubles Valuation After $385 Million Series E Funding
U.S. savings platform Vestwell gains significant investment, boosting growth potential.Highlights: Vestwell raises $385 million in Series E funding.Valuation...
FinTech
Australian AI Fintech Lorikeet Expands with New London Office
Lorikeet sets its sights on international growth by establishing a presence in London.Highlights: Lorikeet opens a new office...
WesBanco snaps up Ohio’s Premier Financial in $959m all-stock deal
WesBanco to Merge with Premier Financial Corp in $959 Million Deal
Key Details:Merger Agreement:Parties Involved: West Virginia-based WesBanco and Ohio-based Premier Financial Corp...
Simona Covaliu appointed new CRO of PayU GPO
PayU GPO Appoints Simona Covaliu as Chief Risk Officer (CRO)
Key Highlights:New Appointment:Position: Chief Risk Officer (CRO)
Appointee: Simona Covaliu
Responsibilities: Leading compliance,...
Financial transactions database TigerBeetle raises $24m Series A funding
TigerBeetle Raises $24 Million in Series A Funding Round
Key Highlights:Funding Details:Amount Raised: $24 million
Lead Investor: Spark Capital general partner Natalie Vais
...
UK challenger Zopa taps ClearScore’s D•One for open banking-powered credit assessments
Zopa Expands Partnership with ClearScore Group for Open Banking Technology
Key Highlights:Partnership Expansion:Parties Involved: Zopa (UK digital bank) and ClearScore Group
Focus: Consumer...
Acrisure names NYSE vice chairman John Tuttle as new president
John Tuttle Joins Acrisure as President
Key Highlights:New Appointment:Position: President of Acrisure
Effective Date: 1 September 2024
Location: Grand Rapids, MichiganCompany Details:...
Fortis buys NetSuite payments division of MerchantE
Fortis Acquires MerchantE’s NetSuite Payments Division
Key Highlights:Acquisition Overview:Acquirer: Fortis
Acquired Entity: MerchantE’s NetSuite payments division
Acquisition Sum: UndisclosedAbout MerchantE’s NetSuite Payments...
Kosovo’s Cash Plus selects Profile Software’s Finuevo Suite for loan process management
Cash Plus Partners with Profile Software for Finuevo Suite
Key Highlights:Partnership Overview:Companies Involved: Cash Plus (Kosovo-based digital lending platform) and Profile Software.
Solution...
Corlytics hires new CTO, chief data officer and chief tech architect
Corlytics Leadership Reshuffle
New Leadership Appointments:Steve Barnes - Group Chief Technology Officer (CTO)Role: Drive advanced technology solutions, maintain security standards
Experience: Over 20...
ICYMI fintech funding round-up: Carry, Fragment, Powder, and more
ICYMI Funding Round-Up
CarryFunding: $10 million Series A
Lead Investor: Accomplice VC
Valuation: $65 million pre-money
Purpose: Hiring, R&D initiatives
Additional: Opened $1 million...

