Nepal’s Kumari Bank taps Compass Plus Technologies for payments processing
Kumari Bank selects Compass Plus Technologies as its new payment processor.
The transition from local to international processing is seen as a "pivotal...
The ai Corporation names CCO Piers Horak as new CEO
The ai Corporation, a UK-based paytech, has appointed Piers Horak as its new CEO, effective December 2023.
Horak takes over from Dr. Mark...
Subscription billing fintech Recurly names Joe Rohrlich as CEO
Recurly, a US-based subscription management platform, has appointed Joe Rohrlich as its new CEO.
Rohrlich, an experienced executive with over two decades of...
Citigroup to cut 20,000 jobs over two years after Q4 downturn
Citigroup Job Cuts: Citigroup plans to cut around 20,000 jobs by 2026.
Q4 2023 Performance: In the fourth quarter of 2023, Citigroup reported...
10x Banking raises $45m to fuel expansion efforts
Funding Boost: Core banking solution provider 10x Banking secures $45 million in a funding round.
Investors: BlackRock and JP Morgan Chase lead the funding, with...
Digital asset firm HashKey bags $100m Series A funding at unicorn valuation
HashKey Group secures $100 million in Series A funding round at a valuation of over $1.2 billion.
Founded in 2018, Hong Kong-based HashKey...
UK car finance fintech Carmoola lands £15.5m in equity funding
London-based fintech Carmoola secures £15.5 million in equity funding.
Investors include QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, and u.ventures.
Previous funding includes a...
Global Credit Union to acquire First Financial Northwest Bank for $231m
Acquisition Deal: Global Credit Union signs a definitive agreement to acquire First Financial Northwest Bank for $231.2 million in an all-cash deal.
Transaction Structure: The...
Paymob lands PSP licence from Oman’s central bank
Paymob, a MENAP-based fintech, is now licensed as a Payment Service Provider (PSP) by the Central Bank of Oman.
Paymob claims to be...
