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 partnership enhances Meta's artificial intelligence capabilities.This agreement signifies a strategic move...

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...

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to...
spot_img

Barclays reportedly leading the race to take over GM credit card programme from Goldman Sachs

Potential Sale of GM Credit Card Programme: Goldman Sachs is reportedly in talks with Barclays regarding the potential sale of its General Motors...

UMB Financial Corporation acquires Heartland Financial in $2bn deal

Acquisition Announcement: UMB Financial Corporation (UMB) has entered into a definitive agreement to acquire Colorado-based bank holding company Heartland Financial USA (HTLF) in...

Pierre-Yves Guegan named as new COO of CCF Group in France

New COO Appointment: Pierre-Yves Guegan has been appointed as the new Chief Operating Officer (COO) of the French banking group, Crédit Commercial de...

Iowa’s Affinity Credit Union taps Mahalo Banking to enhance digital banking offerings

Partnership Announcement: Affinity Credit Union (Affinity CU), based in Iowa, USA, has announced a partnership with Mahalo Banking to enhance its digital capabilities...

Digital lending platform Blend Labs bags $150m funding from Haveli Investments

Investment Details: Haveli Investments, a technology-focused private equity firm based in Austin, USA, invested $150 million in Blend Labs. The investment was made...

Vatic AI hires former Mastercard exec Dilip Krishnan as CEO and president

Leadership Transition at Vatic AI:Vatic AI, a US-based fintech, appoints Dilip Krishnan as its new President and CEO, succeeding Arthur Becker. Arthur...

Fintech BPO South Africa: PITON-Global on CX, Data Security, and Compliance Outsourcing

In the rapidly evolving landscape of financial technology (fintech), companies are increasingly turning to business process outsourcing (BPO) in South Africa to enhance operational...

Allica Bank reports first full year of profitability after revenues double

Allica Bank's Financial Performance:Allica Bank, a UK challenger bank lending to SMEs since 2020, reported its first full year of profitability. Revenues...
spot_img