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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Paytech Medius taps acquired Expensya talent for two new senior appointments

Medius acquires Expensya and appoints two senior executives. Karim Jouini, former CEO of Expensya, becomes Chief Product and Technology Officer at Medius.Tasked...

US Treasury grants Truist $65m NMTC allocation to spur investment in underserved communities

Truist Community Development Enterprises (CDE), a subsidiary of Truist Financial Corporation, secures a $65 million New Markets Tax Credit (NMTC) allocation from the...

Yemen’s Tadhamon Bank upgrades to latest version of Azentio’s iMAL core banking platform

Tadhamon Bank extends partnership with Azentio Software:Tadhamon Bank, an Islamic bank in Yemen, renews its partnership with Azentio Software, a Singapore-based tech firm. ...

US fintech Stash lands $40m in funding and appoints Amy Butte as independent audit chair

Stash raises $40 million in new funding:Led by funds advised by T. Rowe Price, with participation from existing investors. Follows previous rounds of...

Demystify Podcast: Demystifying DeFi with U-Zyn Chua, CTO and co-founder of Cake Group

U-Zyn Chua, CTO and co-founder of Cake Group, guest on Demystify Podcast. Involved in cryptocurrency since 2009, starting with Bitcoin. Interest in cybersecurity...

Japan’s 77 Bank taps Fujitsu to launch in-store banking tablets

Japanese regional bank 77 Bank collaborates with Fujitsu. Tablets were introduced at all 144 bank branches for customer transactions. Transactions include opening accounts,...

US payments start-up Braid winds down operations

Braid, a San Francisco-based consumer payments start-up founded in 2018, has shut down as of September 2023. Braid shuts down operations due to...

Block acquires musician-focused fintech start-up Hifi

Block, the San Francisco-based payment solutions specialist, has acquired musician-focused fintech start-up Hifi. Hifi, based in Brooklyn, was founded in 2020 to offer...

Australian government proposes new regulations for digital wallet providers

Australian government to regulate digital wallet providers Proposed changes to Payment Systems Act 1998 redefines 'payment' and 'payments systems' Popular digital wallet providers...
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