Investments

NatWest to Shut 32 Branches, Tightening Its Retail Network

The bank aims to streamline operations amid changing customer habits.Highlights: NatWest to close 32 branches in a strategic restructuring.The decision reflects a shift towards digital banking.Customers are increasingly using...

Novum Secures UK Pension Fund Backing, Strengthening Fintech Growth

Funding supports expansion of innovative financial services in the UK.Highlights: Novum has received investment from a UK pension...

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...

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...
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LendInvest extends JP Morgan debt financing agreement to £1.5bn

LendInvest has extended its funding agreement with JP Morgan by £500 million, increasing the total value of the account to £1.5 billion. JP...

Swiss fintech Yapeal unveils new CEO alongside fresh capital boost

Michael Eidel has been appointed as the new CEO of Yapeal, succeeding Thomas Hilgendorff, who will transition to the role of Chief Commercial...

Home equity fintech Unlock bags $30m Series B funding

Unlock Technologies, a US fintech founded in 2019, has secured a $30 million Series B equity investment from D2 Asset Management, Saluda Grade,...

Alternative investment platform CAIS hires Kan Kotecha as CTO

Kan Kotecha has been appointed as CTO to lead CAIS's engineering team and focus on building a unified operating system for the alternative...

Natixis sells private credit business MV Credit to Clearlake Capital

Acquisition: Clearlake Capital Group, a US-based private equity firm, has agreed to acquire MV Credit, a pan-European private credit business with $5.1 billion...

Swiss fintech Yapeal unveils new CEO alongside fresh capital boost

New CEO: Yapeal, a Swiss fintech, has appointed Michael Eidel as its new CEO, succeeding co-founder Thomas Hilgendorff. Hilgendorff's New Role: Hilgendorff will...

SME-focused digital lender Validus lands $50m debt facility from HSBC

Debt Facility Secured: Validus, a Singapore-based digital lending platform, has secured a debt facility of up to $50 million from HSBC under the...

Wealthtech start-up Propelle prepares for late September launch

Launch Date: Propelle, a London-based investment platform for women, is set to launch on September 25. Founder: Established by Ayesha Ofori, a former...

Migrant-focused fintech Comun lands $21.5m Series A

Funding Round: Comun, a US-based fintech serving Latino migrants, has secured $21.5 million in Series A funding led by Redpoint Ventures, with additional...
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