Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs
Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal.
The...
HSBC launches $150m venture debt product for high-growth scale-ups in Australia
HSBC introduces venture debt in Australia to support scale-up companies in technology and new economy sectors.
$150 million was allocated for lending, targeting...
Funding Circle and Atom Bank to provide an additional £150m in financing to UK SMEs
UK challenger Atom Bank partners with Funding Circle for lending.
Up to £150 million to be deployed for small businesses.
The third partnership...
Wealthtech start-up Alpheya receives investment from BNY Mellon and Lunate
Investment Announcement: BNY Mellon and Lunate invest $300 million in Alpheya, a new wealthtech start-up.
Location and Focus: Alpheya, based in Abu Dhabi...
ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more
Kiwi Raises $13MIndian credit card fintech Kiwi secures $13 million in a Series A funding round.
Led by Omidyar Network India, with...
UK fintech Triver secures £20m debt facility from Avellinia Capital
London-based fintech start-up Triver secures £20 million debt facility with Avellinia Capital.
Triver plans to offer over £200 million in funding annually to...
Google parent company Alphabet in talks to seize major stake in UK challenger Monzo
Investment by Alphabet:Alphabet, the parent company of Google, is set to acquire a significant stake in the digital retail bank Monzo.
Alphabet...
US credit card fintech Petal reportedly eyeing potential sale
Petal, a New York-based credit card start-up, is seeking a buyer.
The company is exploring a potential sale, and sources suggest it may...
French digital accounting start-up Indy lands €40m Series C funding
Funding Round:French fintech start-up Indy secures €40 million ($44 million) in Series C funding.
BlackFin Capital Partners leads the funding round, with...
