E-wallet provider Sticpay bolsters money transfer capabilities with UPI integration in India
Sticpay Integrates UPI into Its Tech Stack
Key Details:Company: Sticpay, a UK-based e-wallet service provider and payment gateway.
Integration: Unified Payments Interface (UPI), India’s...
Former Temenos execs found GenAI banking tech start-up, yPilot
yPilot Fintech Start-up Overview
Founders:Todd Winship (CEO): Formerly at Temenos, founded Primisyn.
Rayce Rossum (CTO): Formerly at Temenos, worked on AI projects.Company Focus:GenAI...
AlphaSense acquires rival Tegus for $930m, valuation tops $4bn
AlphaSense Acquires Tegus for $930 Million
Acquisition Details:Acquisition Value: $930 million.
Expected Closure: Q3 2024.
Key Assets Acquired: Tegus’ research platform, financial data, and...
Starling Bank reports 50% revenue rise in third year of profitability
Starling Bank Reports Third Year of Profitability
Key Financial Highlights:Pre-Tax Profits: Increased by 54.7% to £301.1 million.
Revenue: Rose by 50.6% to £682.2 million.
...
Pipe secures new $100m credit facility from Victory Park Capital
Pipe Secures $100 Million Credit Facility from Victory Park Capital
Key Highlights:Funding Details:Amount: $100 million credit facility
Potential Upsize: Up to $200 million...
Earl Shilton Building Society hires Natalie Balderson as transformation change manager
Earl Shilton Building Society Appoints Natalie Balderson as Transformation Change ManagerNew Appointment:Position: Transformation Change Manager
Appointee: Natalie Balderson
Objective: Strengthen digital options...
MoneyGram names Gary Ferrera as new CFO
MoneyGram Appoints Gary Ferrera as New CFOAppointment Details:New CFO: Gary Ferrera
Effective Date: 10 June 2024
Predecessor: Larry Angelilli (retiring after nearly...
Dutch lender BridgeFund taps Mambu for core banking upgrade
BridgeFund Selects Mambu's Cloud Banking PlatformOverview:Amsterdam-based BridgeFund partners with Mambu to scale its SME lending operations.Objectives:Replace BridgeFund’s in-house-built core banking...
Al Etihad Payments prepares to launch new domestic card scheme in UAE this month
Launch of Jaywan Card Scheme by CBUAEOverview:The Central Bank of the UAE (CBUAE) is launching a domestic card scheme named Jaywan through...
