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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Puerto Rico’s Arival Bank names Nishi Gupta as chief compliance officer and general counsel

Nishi Gupta appointed as Chief Compliance Officer (CCO) and General Counsel at Arival Bank, a digital bank in Puerto Rico. Gupta joined Arival...

Brokerage platform Alpaca plots Asian expansion with SBI partnership

Alpaca partners with Japan's SBI Group to expand in Asia. SBI Group, the second-largest brokerage firm in Japan, invests $15 million in Alpaca. ...

Paytech NMI acquires Sphere’s commercial division to boost underwriting and risk management capabilities

NMI, a US paytech, is set to acquire the commercial division of Sphere, a software and paytech firm. The acquisition involves integrating Sphere's...

ICYMI fintech funding round-up: Untangled Finance, Kennek and more

UK-based Untangled Finance:Raised $13.5 million in multi-year strategic funding from Fasanara Capital. Focuses on tokenizing real-world private credit assets into on-chain structured credit...

GreenSky sold to Sixth Street-led investor consortium, Goldman Sachs confirms

Goldman Sachs sells GreenSky to consortium led by Sixth Street:Goldman Sachs is selling GreenSky, a fintech lender and BNPL provider, to a consortium...

Form3 announces leadership changes as CEO steps down

CEO Michael Mueller is stepping down from UK paytech Form3. Mike Walters, a co-founder and one of the first employees, will assume the...

BaaS fintech Synapse lays off 40% of staff in fresh round of job cuts

US-based Banking-as-a-Service platform Synapse has laid off 40% of its employees in its second round of job cuts this year. Facts86 employees, about 40%...

Francesca Carlesi steps down as CEO of digital mortgage lender Molo

Francesca Carlesi, co-founder and CEO of Molo, will step down from her role on 25 November 2023, six months after ColCap's acquisition. FactsFrancesca Carlesi,...

Revolutionising SME financing: How Banca AideXa uses AI and open banking to support SME growth

Banca AideXa's Italian fintech revolutionizes online financing for small businesses using AI and open banking. FactsBanca AideXa employs AI and open banking to transform...
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