Estonia’s Montonio triggers leadership change with Johan Nord rising to CEO
New CEO Appointment:Johan Nord has been promoted to CEO of Montonio, an Estonian start-up specializing in payment and e-commerce solutions.
Nord joined...
CIBC plans to hire for 200 new data and AI roles over the next 12 months
Hiring Initiative:CIBC, Canada’s fifth-largest chartered bank, plans to hire over 200 data and AI professionals within the next 12 months.Strategic Focus:...
US fintech Octane raises $50m Series E funding led by Valar Ventures
Funding Round:Octane, a New York-based fintech, secured a $50 million Series E funding round.
The round was led by existing investors, including...
Pagaya set to acquire Silicon Valley’s Theorem Technology for an undisclosed sum
Here are the key points regarding Pagaya Technologies' acquisition of Theorem Technology:Acquisition Overview:US-Israeli fintech Pagaya Technologies has agreed to acquire Theorem Technology,...
UBP snaps up Société Générale’s UK and Swiss private banking subsidiaries in €900m deal
Acquisition Details:UBP, a leading Swiss private bank, has agreed to purchase two of Société Générale's international private banking units for €900 million.
...
Mexico’s Stori lands $212m in mix of equity and debt financing
Funding Secured: Mexican fintech unicorn Stori has secured $212 million in a combination of equity and debt financing.Equity Financing: $105 million led...
Varo Bank inks five-year issuer processing deal with Marqeta
Partnership Announcement: Varo Bank has designated Marqeta as its primary issuer processor for the next five years.
Technology Integration: Marqeta's platform offers sophisticated...
Sweden’s Fingerprints hires David Eastaugh as new chief strategy and technology officer
Appointment Announcement: David Eastaugh has been named the new Chief Strategy and Technology Officer (CSTO) of Fingerprint Cards, effective 19 August 2024.
Role...
NCR Voyix agrees to sell digital banking unit to Veritas Capital for $2.45bn
Sale Agreement: NCR Voyix has entered into a definitive agreement to sell its cloud-based digital banking business to private equity firm Veritas Capital...
