Business

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading platform.The platform enhances access to precious metals for investors.Investment secured to...

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals.Highlights: Lloyds introduces a fully digital homebuying service.Service aims...

AI in Fintech: Revolutionizing the Financial Industry

AI in fintech is changing how financial services operate. It's more than just a buzzword; it's a powerful...

Revolut $200B Valuation: What It Means for Fintech Investors

The Revolut $200B valuation has captured the attention of fintech investors worldwide. This massive figure highlights Revolut's explosive...
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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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