Swedish lender Froda hires former Klarna director Roger Forsberg as CTO
Froda's New CTO: Roger Forsberg, former Klarna director, joins Swedish alternative lender Froda as Chief Technology Officer (CTO) effective December 4.
Scaling Phase:...
Jack Henry’s president of bank solutions, Stacey Zengel, to retire in 2024
Stacey Zengel, president of bank solutions at US banking tech provider Jack Henry & Associates, will retire on June 30, 2024.
Zengel has...
FinTech Australia shakes up board with four new appointments
FinTech Australia made four new appointments to its board.
Sarah Gorman, Head of Growth and Marketing at Digital Agriculture Services, becomes deputy chair...
HSBC launches $150m venture debt product for high-growth scale-ups in Australia
HSBC introduces venture debt in Australia to support scale-up companies in technology and new economy sectors.
$150 million was allocated for lending, targeting...
Contis hit with €840,000 fine by Bank of Lithuania
Contis, part of German BaaS fintech Solaris, fined €840,000 by the Bank of Lithuania.
Delegated anti-money laundering (AML) measures to distributors without proper...
India’s PhonePe reportedly planning to launch consumer lending in January 2024
Expansion Plan: PhonePe plans to enter the consumer lending space by January 2024.
Integration Progress: The fintech is in the "final stages" of integrating with...
Funding Circle and Atom Bank to provide an additional £150m in financing to UK SMEs
UK challenger Atom Bank partners with Funding Circle for lending.
Up to £150 million to be deployed for small businesses.
The third partnership...
UK financial services firms cautious but keen to adopt GenAI, new survey says
GenAI Adoption in UK Financial Services:70% of UK Finance members are currently piloting generative AI (GenAI) use cases.
Primarily focused on co-pilot...
Wealthtech start-up Alpheya receives investment from BNY Mellon and Lunate
Investment Announcement: BNY Mellon and Lunate invest $300 million in Alpheya, a new wealthtech start-up.
Location and Focus: Alpheya, based in Abu Dhabi...
