Stax Payments expands tech stack with APPS acquisition
Stax Payments is set to acquire Atlantic-Pacific Processing Systems (APPS) in a bid to expand its payment processing platform.
Stax Payments, founded in...
BNP Paribas taps Lenvi to manage risk for factoring and receivables finance
BNP Paribas partners with fintech firm Lenvi for risk management and fraud analytics.
BNP Paribas Factoring operates in 12 countries with €210 billion...
LSEG ditches legacy finance systems for Oracle Cloud
London Stock Exchange Group (LSEG) is transitioning 17 legacy finance systems to Oracle Fusion Cloud for efficiency and cost reduction.
LSEG focuses on...
UK fintech Railsr gets back on track with $24m funding
Railsr, a UK-based fintech, secures $24 million in fresh funding.
Existing investors, including D Squared Capital and Moneta Venture Capital, contribute to the...
Ziglu founder Mark Hipperson rejoins company as executive chairman
Mark Hipperson rejoins Ziglu as executive chairman.
Ziglu, founded in 2018 and launched in 2020, specializes in mobile banking and cryptocurrency services.
Kevin...
UK core banking tech vendor Thought Machine cuts workforce by 8%
Thought Machine, a UK-based core banking technology vendor, is reducing its workforce by 8%.
Around 50 positions will be affected, primarily in sales,...
Spain’s Twinco Capital secures €50m debt facility from BBVA Spark
Twinco Capital secures €50 million debt facility from BBVA Spark to boost growth.
Co-founded by Sandra Nolasco and Carmen Marín in 2019.
Offers...
ICYMI fintech funding round-up: UnaFinancial, Multifi, Triple-A and more
UnaFinancial, a fintech group, plans to raise up to $15 million for a new finance app in the UAE in 2024.
The funds...
Sudan’s Africa and Gulf Bank selects Temenos to power digital transformation
Africa and Gulf Bank partners with Temenos to modernize its digital and core banking capabilities.
Founded in 2019, the bank started operations in...
