Investments

Apax Spins Out Finastra Treasury and Capital Markets Business, Strengthening Focus

Finastra's TCM unit now operates under the new brand Teciem.Highlights: Finastra's Treasury and Capital Markets unit has been launched as Teciem.Apax Partners initiates spin-out to focus on fintech growth.Teciem...

TSB Warns of Spike in Romance Scams Amid Rising Online Fraud

Recent increase in romance scams targets vulnerable individuals.Highlights: TSB reports a dramatic increase in romance scams.Victims often lose...

TSB Warns of Spike in Romance Scams Affecting Customers

The UK bank alerts clients about increasing incidents of online fraud.Highlights: TSB reports a significant increase in romance...

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...
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UK wealth manager Quilter buys NuWealth to boost first-time investor support

Acquisition Announcement: London-based wealth manager Quilter has acquired digital investment platform NuWealth, launched in 2019, for an undisclosed sum. NuWealth Specialization: NuWealth focuses...

NeoXam set to acquire data control and automation platform EZOPS

NeoXam Acquisition: NeoXam, a Paris-based fintech firm, is set to acquire EZOPS, an AI-powered data control and automation company. Expansion: The acquisition will...

UK credit card start-up Yonder secures £23.4m in fresh funding

Funding Raised: £23.4 million. Lead Investors: RTP Global and Repeat (formerly Jigsaw VC), with additional support from LocalGlobal, Seedcamp, and Northzone. Previous Funding:...

ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more

Loop:Funding Raised: $4.7 million (CAD 6.4 million). Headquarters: Toronto, Canada. Investors: Mistral Venture Partners, Luge Capital, Graphite Ventures, Wedbush Ventures, Conconi Growth...

Syndicated loan platform Versana raises $26m with plans for global expansion

Versana raised $26 million in a capital round, welcoming Barclays as a new investor. Barclays will act as an investor, subscriber, and agent...

FE fundinfo buys out investment research platform AdviserAsset

FE fundinfo has acquired AdviserAsset, a due diligence and product selection tool, for an undisclosed sum. AdviserAsset, founded in 2010, supports financial advisors,...

India’s FlexiLoans bags $34.5m Series C for lending platform expansion

FlexiLoans raised $34.5 million in Series C funding to support India’s micro, small, and medium-sized enterprises (MSMEs) through its online lending platform. The...

Paymob secures $22m Series B extension to continue GCC roll-out

Paymob, an Egypt-based B2B merchant financial services platform, raised $22 million in a Series B extension led by EBRD VC (European Bank for...

Form3 bags $60m Series C extension with new investor British Patient Capital

Form3, a UK-based paytech, raised $60 million in a Series C extension round. British Patient Capital, a subsidiary of the British Business Bank,...
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