FinTech
FinTech
Brink’s Strengthens Position with $6.6B NCR Acquisition
Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal aims to enhance Brink's logistics capabilities.This acquisition positions Brink's as a...
FinTech
Barclays Strengthens Blockchain Payments Platform Discussions
Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...
FinTech
Lloyds Tightens Bank Account Opening Process in Branches
The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...
FinTech
Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances
Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...
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...
Blockchain-powered clearing and settlement fintech Partior raises more than $60m in Series B funding
Funding:Partior, a Singapore-based fintech start-up, secured over $60 million in a Series B funding round.
The round was led by Peak XV...
DWS moves toward first German-regulated euro stablecoin
Company Launch: DWS, a German asset management firm, has launched a new company named AllUnity in collaboration with Flow Traders and Galaxy Digital.
...
Nala Secures $40M Series A to Develop B2B Payments Platform and Expand Remittance Services
Nala: Remittance startup expanding to B2B payments.
Series A Funding: Raised $40 million, one of the largest in Africa.
Investors: Led by Acrew...
Jesse Pollak Explains Coinbase’s Launch of Base Blockchain at TechCrunch Disrupt 2024
Coinbase's Base Blockchain: Launched last year as Coinbase's own layer-2 blockchain, Base aims to significantly impact both Coinbase and the entire cryptocurrency industry.
...
Adfin wants to fix bill payments for sole traders and small companies
Company Overview:Name: Adfin
Type: Fintech startup
Location: UK
Founders: Tom Pope (CEO) and Ciprian Diaconasu (CTO)
Funding: Raised $4.9 million in seed...
Uzbekistan mobile bank TBC raises $38.2M to expand its financial products
TBC Bank Uzbekistan Raises $38.2 Million for ExpansionInvestment Details:Total Raised: $38.2 million in equity investment.
Lead Investor: TBC Bank Group ($23 million).
...
ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more
ICYMI Funding Round-UpLemon.markets:Amount: €12 million seed extension.
Lead: CommerzVentures.
Other Investors: Creandum, Lakestar, Lightspeed, Heliad, System.one.
Purpose: Expand Brokerage-as-a-Service platform across Europe...
Intuit to cut 10% of workforce amid plans to boost investment in “key growth areas” such as AI
Intuit to Cut 1,800 Jobs: Key PointsJob Cuts Announcement:Intuit will cut 10% of its workforce, approximately 1,800 employees.
The announcement was made...
Bain Capital to acquire US fintech Envestnet in $4.5bn deal
Bain Capital to Acquire Envestnet for $4.5 Billion: Key PointsAcquisition Announcement:Bain Capital will acquire US wealth management software provider Envestnet for $4.5...

