Monese to split business in two amid mounting financial woes
Internal Restructuring:Monese, a UK-based fintech and banking services provider, is undergoing internal restructuring, with plans to split its business into two separate...
Nium names Alexandra Johnson as first chief payments officer
Appointment of Alexandra Johnson:Alexandra Johnson has been appointed as the first Chief Payments Officer (CPO) at B2B payments platform Nium.
In her...
Central Bank of Mauritania partners Giesecke+Devrient for CBDC exploration
Partnership Announcement:The Central Bank of Mauritania (Banque Centrale de Mauritanie) has announced a joint project with German security technology group Giesecke+Devrient (G+D)...
Bird taps Airwallex to power international payments operations
Partnership Overview:Bird, a communications platform based in Amsterdam, has selected Airwallex to power its global payments operations.Bird's Profile:Founded in 2011...
JTC to acquire First Republic Trust Company of Delaware from JP Morgan for $21m
Acquisition Overview:JTC, headquartered in Jersey, is set to acquire First Republic Trust Company of Delaware (FRTC-DE) from JP Morgan Chase in an...
Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment
Deal Overview:Goldman Sachs is selling its digital investment advisory unit, Marcus Invest, to robo-advisor Betterment.
The agreement involves transferring the unit's digital...
Thunes to boost US footprint with acquisition of Tilia
Acquisition Details:Thunes, a B2B payments infrastructure firm, has signed a definitive agreement to acquire Tilia.
Tilia, founded in 2019, offers acceptance and...
US fintech start-up Pomelo bags $35m Series A funding
Funding Details:Pomelo, a San Francisco-based fintech, has raised $35 million in a Series A equity funding round.
Additionally, the company secured an...
B2B micropayments platform DT One names Claudio Di Zanni as new CEO
New CEO Appointment at DT One:Claudio Di Zanni has been appointed as the new CEO of DT One, a digital B2B micropayments...
