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...
US insurtech start-up Lula raises $35.5m Series B funding
Miami-based insurtech Lula secures $35.5 million in a Series B funding round led by NextView Ventures and Khosla Ventures, aiming to broaden its market...
MSUFCU partners Nymbus for SMB “bank in a box” solution
Michigan State University Federal Credit Union (MSUFCU) has partnered with financial infrastructure provider Nymbus to offer digital tools for credit unions to serve the...
Credit card fintech Petal secures $200m debt facility from Victory Park Capital
New York-based fintech Petal secures $200 million debt facility from Victory Park Capital and a $20 million term loan facility from Trinity Capital, along...
HSBC joins forces with Tradeshift to launch embedded finance business
HSBC and Tradeshift have formed a joint venture to develop embedded finance solutions and financial services apps, aiming to enhance trade, e-commerce, and marketplace...
Nexi buys 30% stake in German PSP Computop
Founders of German payment service provider Computop, Frank Arnoldt and Ralf Gladis, sell 30% of the company's shares to Italian paytech firm Nexi Group,...
Novo secures $125m credit facility to provide working capital to small businesses through Novo Funding
Miami-based financial platform Novo is launching Novo Funding, aiming to provide up to $75,000 of working capital to small businesses, offering various benefits and...
Mercury Financial secures $200m debt facility to expand credit card business
US fintech Mercury Financial has secured a $200 million debt facility from Neuberger Berman to expand its credit card business and serve the middle...
Trustmi aims to stamp out B2B payment fraud with global launch
Cybersecurity fintech start-up Trustmi launches globally with a comprehensive payment security solution aimed at combating B2B payment fraud and leveraging crowd-sourced data to protect...
