FinTech

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's CEO had temporarily registered in the US.The move strengthens Revolut's ties...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...

Nubank Secures Conditional Approval for U.S. National Bank License

Brazilian fintech aims to expand services in the American market.Highlights: Nubank receives conditional approval for U.S. banking license.The...
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CSI snaps up partner Hawthorn River for single-platform loan origination system

CSI Acquisition: CSI, a US fintech solutions provider, has acquired Hawthorn River for an undisclosed sum to enhance its loan origination capabilities. Hawthorn River...

US fintech start-up SellersFi secures new credit facility of up to $300m

SellersFi, a New York-based fintech start-up, secures a new credit facility of $135 million, expandable to $300 million. Citi and Fasanara Capital are...

Demystify Podcast: Demystifying Saudi fintech with Naif AbuSaida, founder & CEO of Hakbah

Naif AbuSaida, CEO of Hakbah, was featured on the last 2023 episode of Demystify Podcast. Naif's diverse journey: media personality, utilities, and transition...

Ncontracts snaps up Quantivate for an undisclosed sum

Acquisition Announcement:Ncontracts, a US-based risk, vendor, and compliance management software provider, has acquired Quantivate.Strategic Move:Ncontracts aims to strengthen its position...

Credit Karma co-founder Nichole Mustard reportedly departs firm

Leadership Departures:Nichole Mustard, co-founder and chief revenue officer of Credit Karma, has left the company. Mustard, along with two other founders, launched...

UK’s PSR proposes cross-border interchange fee cap

The UK's Payment Systems Regulator (PSR) proposes a new cap on cross-border interchange fees. Visa and Mastercard, responsible for 90% of online transactions...

French fintech Unlimitd boosts financing capacity to €100m as ACP takes majority stake

Majority Stake Acquisition: Absolute Capital Partners (ACP) acquires a majority stake in Paris-based fintech Unlimited. Financing Boost: ACP provides Unlimitd with a new financing...

Søren Westh Lonning joins B2B spend management platform Pleo as CFO

Pleo appoints Søren Westh Lonning as new CFO. Lonning, previously an advisor, joins during a period of high growth. Despite a workforce cut...

Saudi BNPL fintech Tamara lands $340m Series C funding at $1bn valuation

Tamara, a Saudi fintech platform, secures $340 million in a Series C funding round. The funding round, co-led by Sanabil Investments and SNB...
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