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...

FinTech

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...

FinTech

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...

FinTech

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...

FinTech

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...

SumUp bags €285m in latest funding round to fuel expansion plans

Banking

Laura M - Dec 12, 2023

SumUp secures €285 million in fresh funding for international growth and expanding payment services for SMEs. Sixth Street Growth leads the funding round,...

Hungary’s OTP Bank taps iGCB for core banking revamp

Banking

Laura M - Dec 12, 2023

OTP Bank's Upgrade: OTP Bank, based in Budapest, Hungary, chooses Intellect Global Consumer Banking (iGCB) for a core banking system upgrade. International Presence: OTP Bank...

VersiFi hires two senior execs from Hazeltree to boost tech and infrastructure development

Banking

Laura M - Dec 12, 2023

VersiFi's Executive Team Expansion:VersiFi, a US-based digital asset firm, appoints Sol Zlotchenko and Daniel Zayfman to its executive team.Zlotchenko as Chief...

Former TD Bank exec Michael Rhodes appointed as new CEO and president of Discover Financial Services

Banking

Laura M - Dec 12, 2023

Discover Financial Services appoints Michael Rhodes as new CEO and president, effective March 6, 2024. Rhodes will also become president of Discover Bank...

Goldman Sachs reportedly names Paul Camp as new head of transaction banking

Banking

Laura M - Dec 12, 2023

Goldman Sachs appoints Paul Camp as head of transaction banking Executives, including former head Hari Moorthy, were fired in September for communications policy...

Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs

Laura M - Dec 11, 2023

Canapi Ventures, a US-based VC firm backed by 70 American financial institutions, raises $750 million in its latest fund, bringing total assets under...