Thoma Bravo acquires ForgeRock for $2.3bn
Thoma Bravo, a software-focused private equity firm, has successfully acquired ForgeRock, a digital identity software platform, for approximately $2.3 billion in an all-cash transaction.
Facts...
Citi debuts first LatAm fintech investment with stake in Peruvian FX platform Rextie
US investment bank Citi makes its first Latin American fintech investment by acquiring a stake in Peruvian FX platform Rextie.
FactsCiti's "strategic investment" in...
Core banking tech provider Mambu names Fernando Zandona as permanent CEO
Fernando Zandona named permanent CEO of Mambu after serving as interim CEO since June.
FactsFernando Zandona becomes Mambu's permanent CEO.
Zandona served as interim...
Standard Chartered global head leaves to found fintech start-up
Manohar Chadalavada, a veteran executive with almost two decades of experience at Standard Chartered, departs the bank to establish a fintech startup.
FactsManohar Chadalavada,...
UK’s Financial Conduct Authority to step up protections for cash access
The UK's Financial Conduct Authority (FCA) is introducing new protections for cash deposit and withdrawal services in response to a parliamentary request.
FactsThe FCA...
FullCircl reinforces compliance suite with W2 Global Data Solutions acquisition
UK-based customer lifecycle intelligence platform FullCircl acquires W2 Global Data Solutions to strengthen its compliance offerings, adding 120 new customers and expanding its global...
US fintech Stash names Chien-Liang Chou as new CTO
Stash, the US-based investing and banking app, has appointed Chien-Liang Chou as its new chief technology officer (CTO).
FactsChien-Liang Chou is Stash's new CTO,...
Peoples Bank taps Corserv to launch credit card programme
Ohio-based Peoples Bank has teamed up with Corserv to introduce a comprehensive credit card program, offering 14 different credit card products to business and...
Adyen shares tank following underwhelming H1 2023 results
Shares in Adyen have plummeted to a three-year low due to disappointing H1 2023 earnings, attributed to slower growth, increased competition, and hiring challenges.
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