Business

Latin American Neobank Ual Raises $195 Million at $3.2 Billion Valuation

Funding aims to expand services and accelerate growth in the region.Highlights: Ual raises $195 million in a funding round.The neobank reaches a $3.2 billion valuation.Funding will be used for...

Vivox AI Secures $13M to Enhance Financial Crime Compliance Efforts

Funding aims to scale atomic agents for better regulatory adherence.Highlights: Vivox AI has raised $13 million to boost...

Swedish Central Bank Urges Public to Horder Cash Amid Payments Disruption

Sweden's Riksbank emphasizes the importance of cash as a backup.Highlights: Swedish Central Bank warns about potential payment system...

X Launches Payments Beta with William Shatner Charity Auction

Innovative payment platform debuts alongside charity event featuring Shatner.Highlights: X debuts its payments beta with a charity auction...

Standard Chartered Appoints Former Kinexys Co-Head as Global Payments Chief

New leadership aims to enhance the bank's payment strategies.Highlights: Standard Chartered appoints new Global Payments Chief.Former Kinexys co-head...
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UK fintech Cushon appoints Ellen Louw as new chief financial officer

Cushon, a London-based workplace savings and pensions fintech acquired by NatWest Group for £144 million, appoints Ellen Louw as its new CFO. Louw,...

Rappi to discontinue RappiCuenta offering in Mexico next month

Rappi, a Latin American tech firm, is discontinuing its virtual savings account service, RappiCuenta, in Mexico. Customers in Mexico received an email notifying...

Kinecta Federal Credit Union taps FusionIQ for digital wealth platform

Kinecta Federal Credit Union forms a partnership with FusionIQ for investment services. Adopting FusionIQ One platform to enter the digital investing services space. ...

ICYMI fintech funding round-up: Fimple, Money Industries and Koree

Fimple Funding Round:UK and Turkey-based fintech Fimple secured an additional $3.5 million in funding. Led by Apy Ventures, with participation from KT...

Security Bank of Kansas City selects NCR Atleos to manage ATMs

Partnership Expansion:Security Bank of Kansas City has expanded its partnership with NCR Atleos, the ATM business formed from the separation of NCR...

HSBC unveils new international payments app Zing in the UK

HSBC launches new international payments app Zing in the UK on January 3, 2024. Zing is a free, multi-currency app and debit card...

JP Morgan and Viva Wallet reportedly collide over board appointments

Friction in Relationship:Reports suggest tension between JP Morgan and Viva Wallet. Two out of three JP Morgan-nominated directors resigned from Viva Wallet's...

HSBC reportedly enters race to buy Tesco’s banking business

HSBC expresses interest in acquiring Tesco's banking arm, submitting an offer, as reported by Sky News. Tesco Bank, headquartered in Edinburgh, Scotland, was...

Monese aims to secure fresh funding after recording £30.5m annual loss for 2022

Monese records £30.5 million loss for 2022, seeks new funding Generated revenues of £27.7 million, attributing the increase to growth in active customer...
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