Business

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 markets, has been acquired by Ialta.This acquisition aims to enhance Ialta's...

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...

US Regional Banks Build Tokenized Deposit Network to Enhance Innovation

New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses...
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Singapore’s YouTrip eyes international expansion following $50m Series B raise

Singapore-based fintech YouTrip secures $50 million in Series B funding led by Lightspeed. Total funding to date surpasses $100 million, following a $30...

Saudi fintech Hala names former Revolut exec Saleem Arshad as CTO

Saudi Arabian fintech Hala appoints Saleem Arshad as its new CTO. Arshad's experience and knowledge will drive Hala's expansion plans in the UK...

UK challenger Monzo reportedly in talks to sell £300m stake at £3.5bn valuation

British challenger bank Monzo aims to raise £300 million in fresh funds through a share sale. In discussions with blue-chip investment funds to...

Blackbullion taps Bud to streamline higher education student finance applications

Blackbullion partners with Bud Financial to enhance student finance applications and budgeting solutions. Blackbullion, a platform for student financial wellbeing, serves over 60...

German funds servicer Universal Investment names Francesca McDonagh as group CEO

Universal Investment Group names Francesca McDonagh as new group CEO, effective from January 1, 2024. Francesca McDonagh previously served as the group CEO...

JP Morgan Payments taps Trulioo for personal and business ID verification

JP Morgan Payments selects Trulioo for ID verification:JP Morgan Payments partners with Trulioo for identity verification services.Impressive payment processing:JP Morgan processes over...

Arteria AI bags $30m to help financial institutions extract data from documentation

Arteria AI, a Toronto-based tech start-up, secures $30 million in a Series B funding round led by GGV Capital. Existing investors, including Illuminate...

French paytech Worldline’s shares tumble after company revises guidance

Worldline, a Paris-listed payments company, saw its shares plummet by nearly 60% after revising its revenue expectations for 2023 in its Q3 earnings...

Morgan Stanley appoints Ted Pick as new CEO

Morgan Stanley has appointed its current co-president, Edward (Ted) Pick, as the new CEO and a member of its board of directors, effective...
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