US start-up Parafin lands $125m warehouse facility from SVB and Trinity Capital
Funding Details:Parafin, an embedded finance fintech, has secured a $125 million warehouse facility from Silicon Valley Bank (SVB) and Trinity Capital.Company...
Arizona Financial Credit Union taps NCR Atleos for ATM management
Partnership Overview:Arizona Financial Credit Union (AZFCU) has partnered with NCR Atleos to upgrade its ATM network and self-service banking options.Current Status:...
Santander to launch Openbank in the US this year
Santander's Expansion Plans:Spanish banking group Santander intends to launch its digital banking subsidiary Openbank in the United States later this year.Openbank's...
Nuvei lands Singapore MPI licence for APAC expansion
Nuvei's Licence Grant:Nuvei, a Canadian payment technology company, has been granted a major payment institution (MPI) licence by the Monetary Authority of...
Empower Finance strikes deal to buy Petal with Cashalo acquisition completed
Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...
Google Cloud to develop quantitative research and genAI capabilities for three new industry takers
Google Cloud's Expansion in Financial Institutions:Google Cloud has extended its technology to three new financial institutions, showcasing a boost for the industry's...
Linqto to go public via $700m SPAC merger with BCSA
Linqto Going Public:US digital investment platform Linqto is set to go public via a business combination deal with Nasdaq-listed special purpose acquisition...
M&S and HSBC UK agree new seven-year partnership to enhance credit and payments offering
Partnership Overview:Marks and Spencer (M&S) signs a new seven-year partnership with HSBC UK to enhance credit and digital payment services offered through...
Mastercard to realign organisational structure with three new divisions
Organizational Restructuring:Mastercard announces plans to reorganize its teams into three units: Core Payments, Commercial and New Payment Flows, and Services.Leadership Changes:...
