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AI-powered regtech Cube acquires global regulatory intelligence enterprises from Thomson Reuters

Acquisition Announcement:Cube, a UK-based regtech firm, has acquired the Regulatory Intelligence and Oden products and businesses of Thomson Reuters. Terms of the...

French fintech Lydia launches digital banking app Sumeria

Company Overview:French fintech start-up Lydia. Originally launched in 2013 as a P2P payments app. Currently serves 8 million users in France, Spain,...

US fintech Yendo secures $165m in mix of debt financing and equity

Company Overview:Yendo is a US fintech offering the world’s "first-ever vehicle-secured" credit card. Launched in 2022 and based in Dallas, Texas.Funding...

South African fintech Lesaka snaps up Adumo in $86m deal

Acquisition Details:Lesaka Technologies, a South African fintech firm, has signed a definitive agreement to acquire fellow South Africa-based paytech Adumo. The deal...

Monzo secures additional $190m funding from new and existing investors

Funding Round Details:Monzo, the UK-based digital challenger bank, has secured an additional $190 million in its latest round of funding. The funding...

Sweden’s Mitigram names Pedram Tadayon as new CEO

New CEO Appointment:Swedish digital trade financing platform Mitigram has appointed Pedram Tadayon as its new CEO.Tadayon's Background:Tadayon brings over 25...

Ecology Building Society set for 2025 core banking overhaul with Monument Technology

Partnership Overview:UK-based mutual Ecology Building Society has partnered with Monument Technology, a technology division of domestic challenger bank Monument, for a significant...

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