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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Capital One commercialises AirKey authentication technology for financial institutions

AirKey, a NFC-enabled authentication technology developed by Capital One, will now be commercially offered to other financial institutions. The technology enables cardholders to...

Morocco’s CIH Bank taps Backbase for Engagement Banking platform

CIH Bank, based in Morocco, has partnered with Dutch digital banking provider Backbase to support its digital transformation. The bank is deploying Backbase's...

Navigant Credit Union partners Baker Hill to boost commercial loan operations

Navigant Credit Union, based in Rhode Island, has partnered with Baker Hill to use its Commercial Lending solution for loan origination and underwriting. ...

Barclays signs agreement to become exclusive issuer of GM credit card programme

Barclays US Consumer Bank has signed a long-term deal with General Motors (GM) to become the exclusive issuer of the GM Rewards Mastercard...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has partnered with Token.io to enhance its open banking infrastructure. The collaboration allows Santander customers to...

Dutch fintech start-up Tebi bags €20m Series A funding

Tebi, a Netherlands-based fintech start-up, has raised €20 million in a Series A funding round led by Index Ventures. Founded in 2021, Tebi...

FinVolution expands into Pakistan with Daira launch

FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan. Daira offers low-interest, flexible loans with funds transferred to...

Multitude Bank secures €15m majority shareholding in Norwegian digital challenger Lea Bank

Multitude Bank, a wholesale bank based in Malta, has acquired a 9.9% stake in Lea Bank, a listed Norwegian digital challenger, thereby becoming...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has partnered with Pagaya Technologies, a US-Israeli fintech, to acquire the intellectual property (IP) of defunct...
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