Nubank secures regulatory approval to operate as a financing company in Colombia
Regulatory Approval for Nu Colombia:Nu Colombia, the Colombian subsidiary of Latin American challenger Nubank, has received regulatory approval from the Financial Superintendence...
Saudi fintech start-up Tameed raises $15m Series A
Saudi Arabian fintech start-up Tameed secures $15 million in Series A funding led by Al-Romaih Investments.
Tameed plans to use the funds to...
ICYMI fintech funding round-up: Fimple, Money Industries and Koree
Fimple Funding Round:UK and Turkey-based fintech Fimple secured an additional $3.5 million in funding.
Led by Apy Ventures, with participation from KT...
JP Morgan and Viva Wallet reportedly collide over board appointments
Friction in Relationship:Reports suggest tension between JP Morgan and Viva Wallet.
Two out of three JP Morgan-nominated directors resigned from Viva Wallet's...
Monese aims to secure fresh funding after recording £30.5m annual loss for 2022
Monese records £30.5 million loss for 2022, seeks new funding
Generated revenues of £27.7 million, attributing the increase to growth in active customer...
Kazakhstani fintech Solva eyes future as SME-focused bank following $20m investment
Solva, based in Almaty, Kazakhstan, is transitioning from a microfinance fintech to an SME-focused bank with a new $20 million investment.
The investment...
UK fintech Bumper raises $48m in Series B funding round
Funding News: Bumper, a car repair fintech, secures $48 million in Series B funding.
Services Offered: Bumper enables flexible payments for car repairs,...
Leonteq acquires a stake in the Swiss stock exchange BX Swiss
Acquisition: Leonteq, a leading financial services company, has acquired a 10% stake in BX Swiss, a subsidiary of Boerse Stuttgart Group.
Strategic Partnership: The acquisition...
Saudi savings fintech Hakbah closes $5.2 million fund raise
Successful Fundraise: Hakbah, a leading Saudi fintech savings platform, announces a successful $5.1 million Series A fundraise.
Investors: The funding round, led by...
