Kazakhstan fintech Freedom reportedly under investigation by SEC, DOJ
Kazakhstan-based fintech firm Freedom Holding is under investigation by the US Securities and Exchange Commission (SEC) and the US Department of Justice (DOJ) for...
Banc of California joins Rise Economy for $4.1bn community benefits plan
Banc of California partners with Rise Economy to launch a $4.1 billion benefits plan aimed at underserved communities and businesses in California.
FactsThe plan...
AP automation start-up Stampli raises $61m in Blackstone-led Series D
Stampli, a US-based AI-powered platform for automating accounts payable operations, has secured $61 million in Series D funding led by Blackstone, bringing its total...
Motive Partners to manage ABN Amro’s ventures fund as part of new partnership
Dutch investment bank ABN Amro is partnering with private equity firm Motive Partners to boost innovation in the fintech sector. Motive Ventures will take...
Stitch raises $25m in Ribbit Capital-led Series A extension
South African payments infrastructure company, Stitch, raises $25 million in Series A extension to expand its payment solutions and market reach.
FactsStitch, a payments...
Brite Payments secures $60m funding, eyes international expansion
Swedish fintech Brite Payments has raised $60 million in a funding round led by Dawn Capital, aiming to expand its instant payments platform using...
Visa to invest $100m in GenAI firms focused on commerce and payments
Visa has launched a $100 million generative AI (GenAI) ventures initiative to invest in GenAI start-ups focusing on payments, fintech, and commerce, aiming to...
Lloyds Bank taps digital identity firm Yoti for “reusable” digital identity app
Lloyds Bank has partnered with Yoti to introduce a reusable digital identity app, Lloyds Bank Smart ID, aimed at enabling UK consumers to securely...
Mexican neobank Albo raises $40m in Series C funding round
Mexican fintech Albo secures $40 million in a Series C funding round led by Morpheus Ventures, with participation from Valar Ventures and Nazca Ventures.
Facts...
