US fintech start-up CapWay shuts down
CapWay, a US-based fintech focused on financial inclusion, has shut down. The closure was announced by founder Sheena Allen on LinkedIn.
Founded in...
Dutch fintech start-up Tebi bags €20m Series A funding
Tebi, a Netherlands-based fintech start-up, has raised €20 million in a Series A funding round led by Index Ventures.
Founded in 2021, Tebi...
Toss Securities promotes Gyubin Kim to CEO
Gyubin Kim has been promoted to CEO of Toss Securities, succeeding Seungyeon Kim, who led the company since April 2022.
During Seungyeon Kim’s...
FusionIQ hires Eric Noll as new CEO upon completion of “significant new fundraising round”
Eric Noll has been named CEO and Chairman of FusionIQ, a cloud-based wealth management solutions provider based in Woburn, Massachusetts.
Noll joins FusionIQ...
ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more
Bitlayer (Singapore) secured $9 million in a Series A extension, co-led by Polychain Capital and Franklin Templeton, following a $5 million seed and...
HSBC reportedly writes off remaining $5.8m stake in UK fintech Monese
HSBC Holdings has written off its remaining 5.4% stake in UK-based fintech Monese.
HSBC acquired a minority interest in Monese for £35 million...
New UK fintech Covecta launches configurable AI platform
Covecta has launched a configurable AI platform designed to streamline critical activities for financial institutions' front-line teams.
The platform serves commercial banks, insurers,...
Nexi Group lands €220m financing from the EIB
Nexi Group Secures €220M Financing: Italian paytech Nexi Group received €220 million in funding from the European Investment Bank (EIB) to support innovation...
Bank of America to open 165 new branches by end of 2026
Bank of America (BofA) plans to expand its branch network with 165+ new locations by the end of 2026.
In 2023, BofA will...
