BNPL lender Sunbit secures $310m debt facility with Citi and Ares Management Credit
Sunbit secures a $310 million debt warehouse facility from Citi and Ares Management Credit.
Builds upon a previous $250 million debt facility obtained...
YouLend secures £4bn private securitisation deal with JP Morgan
UK-based YouLend announces private securitization deal with JP Morgan.
The deal enables YouLend to extend £4 billion in revenue-based financing to SMEs.
SMEs...
The Bank of Missouri looks to bring digital banking products to fintechs with i2c partnership
The Bank of Missouri (TBOM) forms a five-year partnership with i2c, a Silicon Valley-based banking and payments technology firm.
i2c provides credit, debit,...
UK’s PRA fines HSBC £57m for “historic depositor protection failings”
HSBC was fined £57.4 million by the UK’s Prudential Regulation Authority (PRA).
Fine issued to HSBC's European holding company (HBEU) and UK subsidiary...
Dutch challenger Bunq prepares for UK relaunch as it reports first full year of profitability
Business Move: Bunq, the Dutch digital challenger, applies for an Electronic Money Institution (EMI) license in the UK.
Financial Success: Reported a net...
Louisiana’s b1Bank partners KlariVis for data analytics platform
B1Bank Partnership:B1Bank, a Louisiana-based community bank, has chosen KlariVis as its data analytics partner.
The partnership involves utilizing KlariVis Advantage, a core...
Swiss crypto neobank Sygnum lands $40m growth investment
Swiss crypto neobank Sygnum raises $40 million in a strategic growth round at a $900 million valuation.
Led by Azimut Holding, the round...
Armenia’s Ardshinbank selects ERI’s Olympic Banking System for securities and forex
Ardshinbank Partnership:Ardshinbank, a commercial bank in Armenia, has chosen ERI’s Olympic Banking System to enhance operations in securities and forex.Bank Overview:...
GFT cultivates core banking capabilities with acquisition of Colombia’s Sophos Solutions
GFT Technologies Acquisition:GFT Technologies is set to acquire Sophos Solutions, a Colombian core banking vendor, from Advent International.
The deal is expected...
