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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Sweden’s Brite Payments makes further advances into Denmark

Brite Payments expands its product coverage to Denmark, offering open banking-powered instant payments and payouts, enhancing its presence in Europe's fintech landscape. FactsBrite Payments...

Torpago confirms two new senior hires following “significant growth”

US financial services platform Torpago experiences significant growth and makes two key appointments to strengthen core capabilities and address market changes. FactsTorpago, a San...

ANZ invests in mule account detection solution to help fight fraud

Australian bank ANZ is investing in new security tech to detect mule accounts, often run by vulnerable individuals tricked into transferring illicit funds for...

Nutmeg and Chase UK CEO Sanjiv Somani resigns

JP Morgan executive Sanjiv Somani, CEO of Nutmeg and Chase in the UK, resigns from the firm, with Sanoke Viswanathan set to take over. Facts...

Bank of England forms CBDC Academic Advisory Group for proposed digital pound

The Bank of England and HM Treasury have established the CBDC Academic Advisory Group (AGG) to create a comprehensive architecture for the digital pound,...

ConnexPay appoints former PayPal exec George Hansen as chief revenue officer

US-based paytech ConnexPay appoints George Hansen as Chief Revenue Officer (CRO) to lead revenue growth and support modernized payments. FactsGeorge Hansen, with over 20...

Svatantra to acquire Navi Group’s microfinance subsidiary for $178.6m

Indian microfinance company Svatantra Microfin is set to acquire Chaitanya, a subsidiary of Navi Group, for $178.6 million, becoming the second largest microfinance entity...

Specialist lender Shawbrook reportedly mulling Co-operative Bank merger

UK-based SME lender Shawbrook Group is exploring a potential £3.5 billion merger with the Co-operative Bank, seeking advice from Barclays, while the Co-operative Bank...

Garanti BBVA Financial Technologies launches new venture for digital assets

Garanti BBVA Financial Technologies, a subsidiary of Garanti BBVA, is entering the digital asset arena with its venture named Garanti BBVA Digital Assets, offering...
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