Asia’s first full reserve digital bank, ORO Bank, launches in Bhutan powered by Finastra
ORO Bank Launch Overview:Mission and Philosophy:ORO Bank aims to foster personal, corporate, and financial growth sustainably.
Emphasizes environmental, social, and economic sustainability.
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Dutch neobank Bunq enters partnerships with Mastercard and Nvidia
Bunq's Partnerships and Initiatives:Mastercard Partnership:Bunq has partnered with Mastercard to leverage its Open Banking platform.
This allows Bunq customers to add accounts...
Turkey’s Papara taps DriveWealth for fractional investing solution
Partnership Announcement:Turkish banking challenger Papara has partnered with US-based financial tech firm DriveWealth.
The partnership aims to launch a new US stock...
CSG acquires Florida-based paytech iCG Pay in $17m deal
Acquisition Overview:CSG, a Colorado-based provider of customer engagement, revenue management, and payments solutions, acquired iCheckGateway.com (iCG Pay) for an initial $17 million.
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IPC appoints Kurt Adams as new CEO
New CEO Appointment:Kurt Adams named CEO of IPC, succeeding Bob Santella after his six-year tenure.
Adams brings over 25 years of fintech...
Stripe’s Paystack leads investor group set to acquire Nigerian fintech start-up Brass
Acquisition Announcement:Brass, a Nigerian fintech, is set to be acquired by an investor group led by Paystack.
Paystack is owned by US...
Banque Raiffeisen selects Worldline for cloud-based instant payments solution
Partnership Announcement:Banque Raiffeisen, Luxembourg's sole cooperative bank, partners with French paytech Worldline.
Banque Raiffeisen becomes Worldline's first Luxembourg-based client for instant payments....
Commonwealth Bank of Australia to pilot NameCheck solution on JP Morgan’s Liink network
Pilot Announcement:Commonwealth Bank of Australia (CBA) to pilot NameCheck technology on JP Morgan’s Liink network.
Aims to combat international scams and mistaken...
US fintech Solutions by Text lands $110m in growth financing
Funding Announcement:Solutions by Text (SBT) secured $110 million in growth financing.
The round was co-led by StepStone Group and Edison Partners.
Stifel...
