US fintech Solutions by Text lands $110m in growth financing
Funding Announcement:Solutions by Text (SBT) secured $110 million in growth financing.
The round was co-led by StepStone Group and Edison Partners.
Stifel...
Business banking start-up GoDutch launches in the Netherlands
GoDutch Launch:Amsterdam-based business banking start-up GoDutch launched this week.
Aims to redefine "fair banking" by sharing up to 70% of its income...
Intelligent Money enters administration with key assets sold to digital savings platform Quai
Intelligent Money Administration:Intelligent Money, a UK-based wealth management company, has entered administration.
The firm has around 20,000 clients and £1.4 billion in...
XYB announces Derek Joyce as new CEO ahead of Monese split
New CEO Announcement:XYB appoints Derek Joyce as CEO.
Joyce has over 20 years of fintech leadership experience, including roles at Bread Financial,...
Swedish climate fintech Doconomy bags €34m in Series B funding
Doconomy Series B Funding:Raised €34 million in a Series B round.
Co-led by UBS Next and existing investor CommerzVentures.
Joined by previous...
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
CBi Group Funding:Secured $15 million in Series A funding led by Alpol Capital Family Office.
Funds to enhance R&D, focusing on AI...
California’s CBC Bancorp to acquire Bay Community Bancorp for $122m
Acquisition Announcement: CBC Bancorp is set to acquire Bay Community Bancorp in an all-cash deal valued at $14 per common share, totaling approximately...
Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion
Acquisition Announcement: PayRetailers is set to acquire Transfeera, a Brazilian payment processing and bank data validation platform.
Operational Continuity: Transfeera will continue to...
Stanbic Bank Kenya set for Temenos core banking upgrade with Orion Innovation
Company: Stanbic Bank Kenya, part of South Africa’s Standard Bank Group.
Project: Upgrading its Temenos core banking system.
Partner: Orion Innovation, Temenos’ regional...
