PFM downturn continues as Status Money closes down
Personal finance app Status Money is closing its doors on November 10.
Founded in 2016 by former Citi and Goldman Sachs bankers Majd...
Kash Baghaei joins expense management platform Jeeves as chief product officer
Kash Baghaei was appointed as Chief Product Officer (CPO) at Jeeves, a Mexico City-based expense management platform.
Baghaei brings 20 years of experience...
Monzo hires Brolly founder Phoebe Chibuzo Hugh to lead its “charge into insurance”
UK challenger bank Monzo has hired Phoebe Chibuzo Hugh, founder and former CEO of Brolly, for its insurance industry expansion.
Hugh aims to...
Tandem Bank co-founders team up to launch low-fee wealth management app Prosper
Tandem Bank co-founders Ricky Knox and Nick Perrett, along with ComitFS non-executive chairman Phil Bungey, have launched Prosper, a new London-based wealth management...
Aussie SME lender Earlypay acquires Timelio’s $40m loan portfolio and assets
Earlypay acquired Timelio's assets and loan portfolio for approximately $3 million.
Earlypay adds $40 million to its loan portfolio, including $35 million in...
US fintech Bond.AI snaps up Elastech to bolster cloud and data offerings
Arkansas-based fintech Bond.AI acquires US-based company Elastech.
Bond.AI aims to enhance its cloud and data capabilities through the acquisition.
Bond.AI plans to expand...
German insurtech Wefox secures $55m debt financing from Deutsche Bank and UniCredit
Berlin-based insurtech Wefox secures $55 million in debt financing.
Deutsche Bank and UniCredit are the key financiers.
The financing is structured as a...
Klarna to establish UK holding company in preparation for billion-dollar IPO
Klarna, the Buy Now, Pay Later (BNPL) giant, plans to establish a new holding company in the UK for its upcoming IPO.
CEO...
NatWest engages IBM to revamp chatbot service with generative AI
NatWest selects IBM's Watsonx platform for Cora:NatWest partners with IBM for Cora's enhancement.Cora+ offers more human interactions:Cora+ designed to provide a more...
