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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Commonwealth Bank of Australia to pilot NameCheck solution on JP Morgan’s Liink network

Pilot Announcement:Commonwealth Bank of Australia (CBA) to pilot NameCheck technology on JP Morgan’s Liink network. Aims to combat international scams and mistaken...

US fintech Solutions by Text lands $110m in growth financing

Funding Announcement:Solutions by Text (SBT) secured $110 million in growth financing. The round was co-led by StepStone Group and Edison Partners. Stifel...

Business banking start-up GoDutch launches in the Netherlands

GoDutch Launch:Amsterdam-based business banking start-up GoDutch launched this week. Aims to redefine "fair banking" by sharing up to 70% of its income...

Intelligent Money enters administration with key assets sold to digital savings platform Quai

Intelligent Money Administration:Intelligent Money, a UK-based wealth management company, has entered administration. The firm has around 20,000 clients and £1.4 billion in...

XYB announces Derek Joyce as new CEO ahead of Monese split

New CEO Announcement:XYB appoints Derek Joyce as CEO. Joyce has over 20 years of fintech leadership experience, including roles at Bread Financial,...

Swedish climate fintech Doconomy bags €34m in Series B funding

Doconomy Series B Funding:Raised €34 million in a Series B round. Co-led by UBS Next and existing investor CommerzVentures. Joined by previous...

ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more

CBi Group Funding:Secured $15 million in Series A funding led by Alpol Capital Family Office. Funds to enhance R&D, focusing on AI...

California’s CBC Bancorp to acquire Bay Community Bancorp for $122m

Acquisition Announcement: CBC Bancorp is set to acquire Bay Community Bancorp in an all-cash deal valued at $14 per common share, totaling approximately...

Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion

Acquisition Announcement: PayRetailers is set to acquire Transfeera, a Brazilian payment processing and bank data validation platform. Operational Continuity: Transfeera will continue to...
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