FinTech
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...
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...
FinTech
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...
FinTech
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...
FinTech
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...
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...

