Alisa Bank snaps up invoice financing fintech Puro Finance to bolster SME services
Merger Details:Alisa Bank in Finland is set to acquire invoice financing fintech Puro Finance through a share exchange.
The acquisition will result...
FloQast lands $100m Series E funding at $1.6bn valuation
Funding Round Details:Californian finance and accounting operations platform FloQast has closed its Series E funding round at $100 million.
The post-money valuation...
Salt Bank makes digital debut in Romania powered by Starling Bank’s BaaS
Salt Bank Launch:Recently launched in Romania as the country's newest digital challenger.
Operates as a subsidiary of Banca Transilvania Financial Group, based...
EQT to sell data management tech firm Rimes to Five Arrows
Rimes:Provides enterprise data management and investment intelligence solutions for asset managers.
Supported by EQT since 2020 with a significant growth investment.
Offers...
ICYMI fintech funding round-up: Mimo, TransferGo, Smartpay, Adro and more
Mimo:Raised £15.5 million led by Northzone.
Plans to expand its financial management platform for SMBs.Pactio:Secured $14 million in Series A...
Pomelo Group names Steve Vickers as new CEO
New CEO Appointment:Pomelo Group, a payment infrastructure platform, has appointed Steve Vickers as its new CEO.Background of Steve Vickers:Vickers brings...
Former PayPal chief Dan Schulman joins Valor Capital as managing partner
New Appointment:Dan Schulman, former president and CEO of PayPal, has joined Valor Capital Group as a part-time managing partner.Background:Schulman brings...
Missouri’s Central Bank taps Personetics for AI-powered money management solution
Partnership Overview:Central Bank, headquartered in Missouri, USA, has announced a partnership with Personetics, a provider of AI-powered financial data-driven engagement platforms.Objectives...
Bolt appoints interim CEO as Maju Kuruvilla departs
Leadership Change at Bolt:Maju Kuruvilla, who served as CEO of San Francisco-based fintech Bolt for over two years, has departed from the...
