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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GreenSky sold to Sixth Street-led investor consortium, Goldman Sachs confirms

Goldman Sachs sells GreenSky to consortium led by Sixth Street:Goldman Sachs is selling GreenSky, a fintech lender and BNPL provider, to a consortium...

Form3 announces leadership changes as CEO steps down

CEO Michael Mueller is stepping down from UK paytech Form3. Mike Walters, a co-founder and one of the first employees, will assume the...

BaaS fintech Synapse lays off 40% of staff in fresh round of job cuts

US-based Banking-as-a-Service platform Synapse has laid off 40% of its employees in its second round of job cuts this year. Facts86 employees, about 40%...

Francesca Carlesi steps down as CEO of digital mortgage lender Molo

Francesca Carlesi, co-founder and CEO of Molo, will step down from her role on 25 November 2023, six months after ColCap's acquisition. FactsFrancesca Carlesi,...

Revolutionising SME financing: How Banca AideXa uses AI and open banking to support SME growth

Banca AideXa's Italian fintech revolutionizes online financing for small businesses using AI and open banking. FactsBanca AideXa employs AI and open banking to transform...

Pioneering innovative partnerships: Unveiling the game-changing fintech hybrid model

Explore The Greenlend Project, a fintech ezbob and Israel Discount Bank joint venture, offering innovative embedded credit solutions for individuals and SMEs. FactsDiscover Israel's...

HSBC acquires Citi’s $3.6bn consumer wealth portfolio in China

HSBC has agreed to purchase Citi's retail wealth management portfolio in China, with a deal expected to close in the first half of 2024....

FCA’s new crypto marketing regime comes into force, regulator issues 146 alerts in first 24 hours

The UK's Financial Conduct Authority (FCA) issued 146 alerts in the first 24 hours of its new cryptoasset promotion regulations. FactsThe FCA implemented new...

Lloyds Bank launches Paperless Guarantee solution to digitise trade finance

Lloyds Bank introduces a Paperless Guarantee solution to support businesses in digitalizing bank guarantees and improving trade efficiency while reducing paper usage. FactsLloyds Bank...
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