Block acquires musician-focused fintech start-up Hifi
Block, the San Francisco-based payment solutions specialist, has acquired musician-focused fintech start-up Hifi.
Hifi, based in Brooklyn, was founded in 2020 to offer...
Australian government proposes new regulations for digital wallet providers
Australian government to regulate digital wallet providers
Proposed changes to Payment Systems Act 1998 redefines 'payment' and 'payments systems'
Popular digital wallet providers...
Puerto Rico’s Arival Bank names Nishi Gupta as chief compliance officer and general counsel
Nishi Gupta appointed as Chief Compliance Officer (CCO) and General Counsel at Arival Bank, a digital bank in Puerto Rico.
Gupta joined Arival...
Brokerage platform Alpaca plots Asian expansion with SBI partnership
Alpaca partners with Japan's SBI Group to expand in Asia.
SBI Group, the second-largest brokerage firm in Japan, invests $15 million in Alpaca.
...
Paytech NMI acquires Sphere’s commercial division to boost underwriting and risk management capabilities
NMI, a US paytech, is set to acquire the commercial division of Sphere, a software and paytech firm.
The acquisition involves integrating Sphere's...
ICYMI fintech funding round-up: Untangled Finance, Kennek and more
UK-based Untangled Finance:Raised $13.5 million in multi-year strategic funding from Fasanara Capital.
Focuses on tokenizing real-world private credit assets into on-chain structured credit...
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%...
