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 as the company shifts its focus towards AI technologies.This marks a...

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...

Private Markets Fintech Delio Acquired by Ialta

Ialta expands its portfolio with Delio, enhancing fintech capabilities in private investments.Highlights: Delio, a fintech focused on private...

Plaid Achieves $8 Billion Valuation, Strengthening Fintech Position

The latest funding round boosts Plaid's market presence significantly.Highlights: Plaid secures a $8 billion valuation following recent funding.The...

Augmentum Fintech Accepts £186M Cash Takeover Offer

The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover...
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Bank of Ireland invests €34m in customer service enhancements

Bank of Ireland Investment: Bank of Ireland is investing €34 million into its telephony and customer relationship management (CRM) systems to enhance its...

ICYMI fintech funding round-up: Backflip, Ansa, Salmon, Firenze and more

Backflip: US-based proptech Backflip raised $15 million in a Series A funding round led by FirstMark Capital, with participation from existing backers and...

Delta Capita buys Client On-Boarding solution from LSEG

Acquisition Details: UK-based Delta Capita has acquired Client On-Boarding, an end-to-end KYC client lifecycle management compliance solution, from the London Stock Exchange Group...

Denmark’s Ageras raises €82m earmarked for new acquisitions

Funding Round: Danish fintech Ageras has raised €82 million in a private investment round to support future acquisitions and expand its product offerings. ...

Inclusive instant payment system Higala launches in the Philippines

Introduction of Higala: Higala, an inclusive instant payment system (IIPS), has been launched in the Philippines to reduce the cost of real-time payments,...

HSBC CEO Noel Quinn to step down after five years in the role

CEO Retirement: Noel Quinn, the CEO of HSBC, is set to retire after five years in the role. Reason for Retirement: Quinn states...

State Bank of India deploys HCLSoftware tech to digitise customer communication

Partnership Announcement: State Bank of India (SBI) has entered a new five-year partnership deal with HCLSoftware, a subsidiary of Indian IT consultancy HCLTech,...

Renasant Corporation promotes president and COO Kevin Chapman to CEO

Leadership Transition at Renasant Corporation: Renasant Corporation, the parent company of Renasant Bank, announced that its President and COO, Kevin Chapman, will become...

PPRO names Bronwyn Boyle as new chief information security officer

Appointment of Bronwyn Boyle as CISO: PPRO, a digital payments infrastructure firm based in London, has appointed industry veteran Bronwyn Boyle as its...
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