FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment aims to boost predictive market capabilities.Polymarket continues to innovate in financial...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...

Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...
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Spain’s Twinco Capital secures €50m debt facility from BBVA Spark

Twinco Capital secures €50 million debt facility from BBVA Spark to boost growth. Co-founded by Sandra Nolasco and Carmen Marín in 2019. Offers...

ICYMI fintech funding round-up: UnaFinancial, Multifi, Triple-A and more

UnaFinancial, a fintech group, plans to raise up to $15 million for a new finance app in the UAE in 2024. The funds...

Sudan’s Africa and Gulf Bank selects Temenos to power digital transformation

Africa and Gulf Bank partners with Temenos to modernize its digital and core banking capabilities. Founded in 2019, the bank started operations in...

Singapore’s YouTrip eyes international expansion following $50m Series B raise

Singapore-based fintech YouTrip secures $50 million in Series B funding led by Lightspeed. Total funding to date surpasses $100 million, following a $30...

Saudi fintech Hala names former Revolut exec Saleem Arshad as CTO

Saudi Arabian fintech Hala appoints Saleem Arshad as its new CTO. Arshad's experience and knowledge will drive Hala's expansion plans in the UK...

UK challenger Monzo reportedly in talks to sell £300m stake at £3.5bn valuation

British challenger bank Monzo aims to raise £300 million in fresh funds through a share sale. In discussions with blue-chip investment funds to...

Blackbullion taps Bud to streamline higher education student finance applications

Blackbullion partners with Bud Financial to enhance student finance applications and budgeting solutions. Blackbullion, a platform for student financial wellbeing, serves over 60...

German funds servicer Universal Investment names Francesca McDonagh as group CEO

Universal Investment Group names Francesca McDonagh as new group CEO, effective from January 1, 2024. Francesca McDonagh previously served as the group CEO...

JP Morgan Payments taps Trulioo for personal and business ID verification

JP Morgan Payments selects Trulioo for ID verification:JP Morgan Payments partners with Trulioo for identity verification services.Impressive payment processing:JP Morgan processes over...
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