Business

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 partnership enhances Meta's artificial intelligence capabilities.This agreement signifies a strategic move...

Private Markets Fintech Delio Acquired by Ialta

Ialta expands its portfolio with Delio, enhancing fintech capabilities in private investments.Highlights: Delio, a fintech focused on private...

Plaid Achieves $8 Billion Valuation, Strengthening Fintech Position

The latest funding round boosts Plaid's market presence significantly.Highlights: Plaid secures a $8 billion valuation following recent funding.The...

Augmentum Fintech Accepts £186M Cash Takeover Offer

The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover...

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to...
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Amazon adds BNPL to its Amazon Business platform through Affirm partnership

Amazon Business has partnered with Affirm to offer buy now, pay later (BNPL) options. Amazon Business will provide Affirm as a payment option...

Regtech Qomply hires former FCA regulator as director of transaction reporting

Qomply, a UK-based regtech firm, has hired Sophia Fulugunya as its new Director of Transaction Reporting. Sophia Fulugunya previously worked at the Financial...

PayPal bolsters leadership team with new CTO and CFO appointments

PayPal's new leadership team additions:Archie Deskus appointed as Chief Technology Officer (CTO) Jamie Miller appointed as Chief Financial Officer (CFO)Recent leadership changes at...

TAS appoints former Accenture executive Fabio Benasso as president

Fabio Benasso was appointed as president of TAS, an Italian banking and financial services software provider. Benasso, a long-time Accenture employee, began his...

Abe Kuruvilla joins ACI Worldwide as chief technology officer

ACI Worldwide appointed Abe Kuruvilla as the new Chief Technology Officer (CTO). Kuruvilla has over two decades of experience and previously worked at...

Dutch paytech Mollie receives UK payment institution licence from the FCA

Dutch paytech firm Mollie receives a UK payment institution license from the FCA. Mollie plans to operate as a dual-licensed financial services group,...

Banking Technology Magazine November 2023 issue out now

FinTech Futures wins at the FinTech B2B Marketing Global Awards in the "Best Innovative Integrated Digital Media Platform" category. Established in 1983, Banking Technology...

Atom Bank on track for balance sheet growth following £100m equity raise

UK challenger Atom Bank raises over £100 million in equity capital. "Long-term" shareholders BBVA, Toscafund, and Infinity Investment Partners participate in the private...

Wealthtech platform Allfunds appoints former Citi exec Antonio Varela as new COO

Antonio Varela appointed as COO at Allfunds Varela brings extensive experience in digital technologies and transformation. He joined Citi, where he held significant...
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