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 offer.This acquisition is a major event in the UK fintech sector.The...

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...

US Regional Banks Build Tokenized Deposit Network to Enhance Innovation

New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses...

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...
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UK fintech start-up Silverbird enters special administration

UK fintech Silverbird Global Limited (SGL) has entered special administration, with Daniel Conway and Geoffrey Rowley of UK business advisory firm FRP Advisory...

Flutterwave names ex-CBN director Dipo Fatokun as new board chair

Flutterwave, an African paytech unicorn, has appointed Dipo Fatokun, a former director at the Central Bank of Nigeria (CBN), as its new board...

Tifin hires ex-BlackRock MD Brooke Juniper as CEO of its AI investment platform Sage

Tifin, a wealth tech firm based in New York, has appointed Brooke Juniper as the new CEO of its AI-driven investment platform, Sage. ...

JP Morgan Chase hit with $348m in fines related to its trade surveillance programme

JP Morgan Chase has been fined a total of $348.2 million by US regulators, including the Office of the Comptroller of the Currency...

SaaScada selected to power payment products for UK EMI The Payment Firm

The Payment Firm, a UK-based e-money institution (EMI), has partnered with SaaScada to power its payment services for small and medium-sized enterprises (SMEs)...

Levenue snaps up MidFunder to broaden financing in Switzerland

Levenue, a Dutch revenue-based financing marketplace, has acquired MidFunder, a Zurich-based provider of non-dilutive capital for digital businesses, for an undisclosed sum. MidFunder's...

Digital Asset’s Canton Network completes first trial with global banking heavyweights

The Canton Network, developed by Digital Asset Holdings, recently concluded a four-day pilot aimed at testing interoperable distributed ledger applications (dApps) leveraging blockchain...

United Fintech reshuffles leadership in push to drive growth

Company: United Fintech, a UK-based global acquisition platform. Reshuffle: United Fintech has undergone a strategic management reshuffle to enhance customer-centric operations and foster...

State Bank of India taps Aurionpro for iCashpro+ solution

Partnership Announcement: State Bank of India (SBI) has entered into a six-year deal with fintech firm Aurionpro to implement its iCashpro+ solution. iCashpro+...
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