Business
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
Egypt’s Commercial International Bank names Tony Prestedge as executive board advisor
Commercial International Bank (CIB) in Egypt has hired Tony Prestedge as an executive advisor to its board of directors.
Prestedge is a veteran...
Aussie debt collection fintech InDebted bags $41m Series C
InDebted, an Australian fintech, raised $41 million (A$60 million) in Series C funding.
Existing investors Carthona, Reinventure, and Perennial, along with new backers...
Fibabanka debuts first BaaS platform in Türkiye with GetirFinans
Fibabanka launches Türkiye’s first Banking-as-a-Service (BaaS) platform.
GetirFinans, a financial services arm of Getir, is the platform's first user.
The platform allows non-banking...
Tuum names former Vocalink head David Yates as new chairman
New Chairman: David Yates, a financial services veteran, has been appointed as the new chairman of Tuum, a core banking software firm based...
India’s M2P Fintech reportedly on track to secure $80m funding round
New Funding Round: M2P Fintech is reportedly raising up to $80 million.
Lead Investor: Helios Investment Partners is leading the round with a...
Former Capital One VP Fouzi Husaini joins Marqeta as chief AI officer
New Role: Marqeta has named Fouzi Husaini as its new Chief Artificial Intelligence Officer.
Responsibilities: Husaini will scale Marqeta’s AI organization, focusing on...
Five Star Bank to begin “orderly wind down” of BaaS offerings
Parent Company: Financial Institutions, Inc. (FII), parent of Five Star Bank and Courier Capital, will commence an orderly wind down of BaaS operations.
...
OneAZ Credit Union to deploy Backbase’s Engagement Banking platform
Partnership: OneAZ Credit Union partners with Dutch digital banking solutions provider Backbase to enhance its digital services.
Platform Utilized: OneAZ will use Backbase’s...
US transportation paytech AtoB raises $130m in equity and debt funding
Funding Details: AtoB, a payments solutions provider for the transportation industry, raised $130 million in Series C funding, a mix of equity and...

