Business

Meta Secures Multi-Billion Dollar Deal to Rent Google AI Chips

Partnership strengthens Meta's AI capabilities with advanced technology.Highlights: Meta signs multi-billion dollar deal with Google for AI chips.The partnership enhances Meta's artificial intelligence capabilities.This agreement signifies a strategic move...

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...

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...
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New UK lender Interbridge Mortgages taps Mambu for retail mortgages solution

Interbridge Mortgages Partnership: Interbridge Mortgages, a UK-based start-up mortgage lender, has partnered with core banking tech provider Mambu to launch its services. About...

US Department of Justice files civil antitrust lawsuit against Visa

DOJ Lawsuit Filed Against Visa: The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against Visa for alleged monopolization in...

India’s Cashfree Payments hires Nitin Pulyani as new head of product

Cashfree Payments has appointed Nitin Pulyani as its new head of product and senior vice president (SVP). Pulyani will lead product development, focusing...

Payments infrastructure start-up Kevin reportedly declared insolvent by court in Lithuania

The Vilnius District Court in Lithuania has declared the payments infrastructure start-up Kevin insolvent. A bankruptcy case has been opened, with IS Group...

Rimes hires Gus Macfarlane as new chief operating officer

Rimes, a provider of enterprise data management solutions, has appointed Gus Macfarlane as its new chief operating officer (COO). Macfarlane will focus on...

US Department of Justice files civil antitrust lawsuit against Visa

US Department of Justice (DOJ) filed a civil antitrust lawsuit against Visa for "monopolisation" in debit network markets, citing violations of Sections 1...

Bank of America to open 165 new branches by end of 2026

Bank of America (BofA) plans to expand its branch network with 165+ new locations by the end of 2026. In 2023, BofA will...

Wealthtech start-up for women Propelle launches in the UK

Propelle is a London-based investment platform designed specifically for women to help close the gender wealth gap and empower women financially. Founded by...

Uday Bola joins Target Group as new head of solution design

Target Group, a UK-based business processing services and software provider, has appointed Uday Bola as its head of solution design. Bola has over...
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