Business
FinTech
Brink’s Strengthens Position with $6.6B NCR Acquisition
Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal aims to enhance Brink's logistics capabilities.This acquisition positions Brink's as a...
FinTech
Barclays Strengthens Blockchain Payments Platform Discussions
Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...
FinTech
Lloyds Tightens Bank Account Opening Process in Branches
The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...
FinTech
Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances
Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...
FinTech
Meta Secures Multi-Billion Dollar Deal to Rent Google AI Chips
Partnership strengthens Meta's AI capabilities with advanced technology.Highlights: Meta signs multi-billion dollar deal with Google for AI chips.The...
Hinckley & Rugby Building Society appoints Barry Carter as new CEO
New CEO Appointment:Barry Carter appointed as the new CEO of Hinckley & Rugby Building Society.
Effective from 2 January 2024.Professional Background:...
UK neolender Updraft secures £272m in mix of debt and equity funding
Updraft, a UK neolender, concludes a successful year with £272 million in debt and equity funding.
£250 million forward flow arrangement secured with...
Dutch neobank Bunq launches self-built GenAI platform for customers
Bunq's New GenAI Platform: FinnDutch neobank Bunq, the second largest in Europe, unveils GenAI platform called Finn.
Finn replaces the app's search...
DfT director Dan Moore joins PSR as head of strategy and intelligence
Moore joins the PSR’s executive team, which recently welcomed Oliver Hanmer and Natalie Golding in key roles.
As head of strategy and intelligence,...
CSI snaps up partner Hawthorn River for single-platform loan origination system
CSI Acquisition: CSI, a US fintech solutions provider, has acquired Hawthorn River for an undisclosed sum to enhance its loan origination capabilities.
Hawthorn River...
US fintech start-up SellersFi secures new credit facility of up to $300m
SellersFi, a New York-based fintech start-up, secures a new credit facility of $135 million, expandable to $300 million.
Citi and Fasanara Capital are...
Demystify Podcast: Demystifying Saudi fintech with Naif AbuSaida, founder & CEO of Hakbah
Naif AbuSaida, CEO of Hakbah, was featured on the last 2023 episode of Demystify Podcast.
Naif's diverse journey: media personality, utilities, and transition...
Ncontracts snaps up Quantivate for an undisclosed sum
Acquisition Announcement:Ncontracts, a US-based risk, vendor, and compliance management software provider, has acquired Quantivate.Strategic Move:Ncontracts aims to strengthen its position...
Credit Karma co-founder Nichole Mustard reportedly departs firm
Leadership Departures:Nichole Mustard, co-founder and chief revenue officer of Credit Karma, has left the company.
Mustard, along with two other founders, launched...

