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...
ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more
FinTech Futures Weekly ICYMI Funding Round-Up:re:Funding: $14.6 million Series A
Investors: Entrée Capital, Project A, Felix Capital
Use of Funds: Expand alternative...
Student lending start-up Scolaris Finance taps Sopra Banking Software for core platform
Scolaris Finance Partners with Sopra Banking Software for SBP Core Amplitude:Partnership Announcement:Scolaris Finance, a student-focused fintech in Mali and Senegal, has partnered...
LSEG names Pascal Boillat as new COO
Pascal Boillat Appointed COO of London Stock Exchange Group (LSEG):Appointment Details:Pascal Boillat named new COO of LSEG, effective 1 July 2024.
He...
Robinhood to acquire Bitstamp in $200m deal
Robinhood to Acquire Bitstamp for $200 Million:Acquisition Details:Robinhood is set to buy global cryptocurrency exchange Bitstamp for approximately $200 million.
The deal...
Alkami names former SVB exec Gagan Kanjlia as new chief product officer
Alkami Technology Appoints Gagan Kanjlia as New CPO:Appointment and Background:Gagan Kanjlia was named Chief Product Officer (CPO) of Alkami Technology.
Brings over...
Monzo records first full year of profitability as it eyes international expansion
Monzo Announces First Full Year of Profitability:Financial Performance:Reported a pre-tax profit of £15.4 million for FY ending 31 March 2024.
Significant turnaround...
Allpay and The Bank of London partner to streamline payments for the UK social housing sector
Allpay Signs Multi-Year Partnership with The Bank of London:Partnership Goals:Simplify and expedite payments using prepaid cards.
Target both banked and unbanked individuals....
India’s Reliance Group launches financial services super-app JioFinance
Jio Financial Services Launches JioFinance App:Company Overview:Division of Reliance Group, founded by Mukesh Ambani.
Competing with Tata Group, PhonePe, and Paytm in...
FintechOS bags $60m in Series B+ investment round
FintechOS Secures $60 Million Series B Extension:Funding Details:Extended Series B round led by BlackRock, Cipio Partners, and Molten Ventures.
Additional participation from...

