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.
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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...
Banque de France, ERAFP, Generali Group tap Iceberg Data Lab for ESG data solutions
Iceberg Data Lab, a provider of ESG data solutions, has gained three new prominent clients: Banque De France, Generali Group, and ERAFP, enabling them...
MarketAxess to acquire algorithmic trading provider Pragma
MarketAxess Holdings Inc. is set to acquire Pragma, a quantitative trading technology provider, to enhance its AI-driven trading solutions across equities, FX, and fixed-income...
Mexican challenger Albo snaps up Delt.ai for $20m
Mexico's neobank Albo has acquired fintech startup Delt.ai for $20 million, integrating its corporate credit platform to expand services for both consumers and SMBs.
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