Business

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating customers on investments.Part of broader push to enhance financial literacy.NatWest...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...

Hacked DeFi Platform Drift Secures Funds to Repay Customers

Drift plans to relaunch with Tether support after addressing security issues.Highlights: Drift DeFi platform has secured funds after...
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Auxmoney buys majority stake in Dutch credit marketplace Lender & Spender

Auxmoney, a German digital consumer lending platform, has acquired a majority stake in Dutch consumer credit marketplace Lender & Spender to support their growth...

Cambridge & Counties Bank secures £20m Tier 2 facility from British Business Investments

Cambridge & Counties Bank receives £20 million in Tier 2 capital from British Business Investments to boost SME lending. FactsBritish Business Investments, a subsidiary...

Thoma Bravo acquires ForgeRock for $2.3bn

Thoma Bravo, a software-focused private equity firm, has successfully acquired ForgeRock, a digital identity software platform, for approximately $2.3 billion in an all-cash transaction. Facts...

Citi debuts first LatAm fintech investment with stake in Peruvian FX platform Rextie

US investment bank Citi makes its first Latin American fintech investment by acquiring a stake in Peruvian FX platform Rextie. FactsCiti's "strategic investment" in...

Yahoo Finance builds out investor insights with Commonstock acquisition

Yahoo is acquiring San Francisco-based start-up Commonstock to enhance Yahoo Finance with investor insight capabilities. FactsCommonstock, founded in August 2020, is a social network...

India’s PhonePe taps Cloudera to streamline data management

Indian fintech giant PhonePe partners with Cloudera to enhance data management and operational efficiencies. FactsPhonePe is collaborating with Cloudera to optimize its data management...

Core banking tech provider Mambu names Fernando Zandona as permanent CEO

Fernando Zandona named permanent CEO of Mambu after serving as interim CEO since June. FactsFernando Zandona becomes Mambu's permanent CEO. Zandona served as interim...

Standard Chartered global head leaves to found fintech start-up

Manohar Chadalavada, a veteran executive with almost two decades of experience at Standard Chartered, departs the bank to establish a fintech startup. FactsManohar Chadalavada,...

Velo Payments to acquire payment processing platform YapStone

US-based Velo Payments is set to acquire YapStone, a payment processing platform for the short-term and vacation rental industry. FactsYapStone, founded in 1999, is...
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