Banking

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 solutions.New features focus on direct bank transfers for user convenience.Partnership aims...

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...

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...

ClearBank Enhances European Strategy with Ex-Uber Executive

New appointment aims to boost ClearBank's presence in Europe.Highlights: ClearBank hires ex-Uber VP of Operations for European expansion.Focus...

ClearBank Strengthens European Strategy with Ex-Uber Executive Appointment

New leadership aims to enhance ClearBank's presence in the European market.Highlights: ClearBank hires an ex-Uber executive for European...
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Blockchain-powered clearing and settlement fintech Partior raises more than $60m in Series B funding

Funding:Partior, a Singapore-based fintech start-up, secured over $60 million in a Series B funding round. The round was led by Peak XV...

DWS moves toward first German-regulated euro stablecoin

Company Launch: DWS, a German asset management firm, has launched a new company named AllUnity in collaboration with Flow Traders and Galaxy Digital. ...

Nala Secures $40M Series A to Develop B2B Payments Platform and Expand Remittance Services

Nala: Remittance startup expanding to B2B payments. Series A Funding: Raised $40 million, one of the largest in Africa. Investors: Led by Acrew...

Jesse Pollak Explains Coinbase’s Launch of Base Blockchain at TechCrunch Disrupt 2024

Coinbase's Base Blockchain: Launched last year as Coinbase's own layer-2 blockchain, Base aims to significantly impact both Coinbase and the entire cryptocurrency industry. ...

Adfin wants to fix bill payments for sole traders and small companies

Company Overview:Name: Adfin Type: Fintech startup Location: UK Founders: Tom Pope (CEO) and Ciprian Diaconasu (CTO) Funding: Raised $4.9 million in seed...

Uzbekistan mobile bank TBC raises $38.2M to expand its financial products

TBC Bank Uzbekistan Raises $38.2 Million for ExpansionInvestment Details:Total Raised: $38.2 million in equity investment. Lead Investor: TBC Bank Group ($23 million). ...

ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more

ICYMI Funding Round-UpLemon.markets:Amount: €12 million seed extension. Lead: CommerzVentures. Other Investors: Creandum, Lakestar, Lightspeed, Heliad, System.one. Purpose: Expand Brokerage-as-a-Service platform across Europe...

Intuit to cut 10% of workforce amid plans to boost investment in “key growth areas” such as AI

Intuit to Cut 1,800 Jobs: Key PointsJob Cuts Announcement:Intuit will cut 10% of its workforce, approximately 1,800 employees. The announcement was made...

Bain Capital to acquire US fintech Envestnet in $4.5bn deal

Bain Capital to Acquire Envestnet for $4.5 Billion: Key PointsAcquisition Announcement:Bain Capital will acquire US wealth management software provider Envestnet for $4.5...
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