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...
Equals Money to power Chorus TM’s new financial management platform for the music industry
Equals Money to Power Chorus TM:Equals Money, a subsidiary of UK-based paytech Equals Group, has been selected to power Chorus TM, a...
UK lender Abound secures £800m in mix of equity and debt financing
Abound's Financing Round:UK-based credit technology firm Abound has secured a new financing round consisting of both equity and debt financing, potentially extending...
WaFd Bank to deploy Fiserv’s CashFlow Central for small business customers
WaFd Bank Partners with Fiserv:US-based WaFd Bank has collaborated with Fiserv to deploy a new digital payment and cash flow management solution...
CFPB fines Chime $3.25m for customer refund delays
Chime Fined by CFPB:US fintech Chime has been fined $3.25 million by the Consumer Financial Protection Bureau (CFPB) for delays in issuing...
Former Bank of America MD Mieko Shibata named new R&T Deposit Solutions CIO
R&T Deposit Solutions, a US-based provider of cash management and deposit placement programs, has named Mieko Shibata as its new Executive Vice...
