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...

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...

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...

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...

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...
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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...
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