ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
Authologic Raises $8.2 Million in Series ALocation: Poland
Funding: $8.2 million Series A
Led by: OpenOcean, with support from YCombinator, Peak Capital, and...
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth Partnership
Founded: 2021 in Pakistan
...
UK fintech infrastructure platform Manigo snapped up by Invex Ventures
Acquisition Announcement: UK-based private equity firm Invex Ventures has acquired Manigo, a fintech infrastructure platform, for an undisclosed amount.
Background on Manigo:Founded...
UK government looks to strengthen BNPL protections with launch of latest consultation
The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under the Financial Conduct Authority (FCA)...
Stripe reportedly in discussions to buy stablecoin infrastructure start-up Bridge in potential $1bn deal
Stripe, a leading US payments company, is reportedly in advanced discussions to acquire Bridge, a stablecoin infrastructure start-up, in a deal potentially valued...
US fintech start-up CapWay shuts down
CapWay, a US-based fintech focused on financial inclusion, has shut down. The closure was announced by founder Sheena Allen on LinkedIn.
Founded in...
Nutmeg State Financial Credit Union taps Alkami for digital banking upgrade
Nutmeg State Financial Credit Union, the sixth-largest in Connecticut, has partnered with Alkami Technology to upgrade its digital banking services.
The credit union...
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of its short-term, interest-free product receivables...
Philadelphia’s Citadel Federal Credit Union agrees to pay $6.5m to settle allegations of redlining
Citadel Federal Credit Union will pay over $6.5 million to settle allegations of redlining in predominantly Black and Hispanic neighborhoods in and around...
