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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US paytech Kindcard eyes up OpenTransact acquisition

Kindcard, a Florida-based closed-loop payment solutions provider, intends to acquire OpenTransact, a self-serve banking platform based in New York. OpenTransact, founded in 2010,...

Blackstone set to acquire majority stake in Japan’s Sony Payment Services

Blackstone, a global alternative asset manager, is acquiring a majority stake in Sony Payment Services Inc. (SPSV) from Sony Bank. This marks Blackstone's...

Kazakhstani fintech Solva eyes future as SME-focused bank following $20m investment

Solva, based in Almaty, Kazakhstan, is transitioning from a microfinance fintech to an SME-focused bank with a new $20 million investment. The investment...

Circle secures conditional DASP registration in France, appoints new country head

Circle secures conditional DASP registration from French Financial Markets Authority (AMF). Coralie Billmann appointed as head of French operations, pending regulatory approval. Billmann,...

Former Starling Bank exec Helen Bierton to lead everyday banking for Lloyds

New Role at Lloyds: Helen Bierton, former Starling Bank executive, has joined Lloyds Banking Group as the director of everyday banking. Role Overview: In her...

Blue Federal Credit Union partners Cotribute for digital account opening platform

Blue Federal Credit Union partners with Cotribute for digital account opening. Aiming to simplify the account opening process and boost membership growth (currently...

UK fintech Bumper raises $48m in Series B funding round

Funding News: Bumper, a car repair fintech, secures $48 million in Series B funding. Services Offered: Bumper enables flexible payments for car repairs,...

Form3 strengthens board with appointment of Anil Arora as non-executive director

UK paytech firm Form3 appoints Anil Arora as an independent non-executive director. Arora brings "significant experience" in founding and scaling fintech companies, expertise...

SellersFi closes $300 million credit facility with Citi and Fasanara Capital

SellersFi, a global fintech startup, closed a new US credit facility with Citi and Fasanara Capital for $135MM, potentially expanding to $300M. Citi...
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