Investments

Varo Financial Raises $123.9 Million in Funding Boost

The latest funding round strengthens Varo's financial position and growth plans.Highlights: Varo Financial secures $123.9 million in new funding.The investment will support Varo's growth strategy.Varo aims to enhance its...

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...

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...
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Singapore’s MVGX launches carbon SaaS subsidiary, appoints ex-BSI exec to take the lead

Singapore-based fintech MVGX launches a subsidiary, MVGX Tech, specializing in carbon Software-as-a-Service (SaaS) products and services, led by former BSI executive Frank Zhang. The...

Better.com gears up to go public through SPAC merger

New York-based digital mortgage lender Better.com is set to go public through an IPO by merging with SPAC Aurora Acquisition Corp, securing up to...

US climate tech start-up Persefoni secures $50m in Series C-1 funding round

US climate tech start-up Persefoni secures $50 million in funding, launches PersefoniGPT, an AI tool for carbon accounting and climate management. FactsPersefoni, a climate...

Handelsbanken Norway modernises wealth platform with Tietoevry

Handelsbanken Norway has partnered with Tietoevry Banking to modernize its IT infrastructure and enhance customer experience by consolidating on Tietoevry Banking’s wealth management solution....

Nationwide transfers financial planning service to Aegon UK

Nationwide Building Society will transfer its Financial Planning service to Aegon UK in early 2024 as part of an extended partnership, allowing customers access...

ICYMI fintech funding round-up: Chargeflow, Knot, Treasure Financial & more

In Case You Missed It (ICYMI) funding round-up highlights recent funding news in the FinTech industry, featuring companies like Chargeflow, Knot, Treasure Financial, Parcha,...

Nutmeg and Chase UK CEO Sanjiv Somani resigns

JP Morgan executive Sanjiv Somani, CEO of Nutmeg and Chase in the UK, resigns from the firm, with Sanoke Viswanathan set to take over. Facts...

Nationwide Building Society transfers financial planning service to Aegon UK

Nationwide Building Society is transferring its financial planning service to Aegon UK, its investment partner of seven years, to enhance focus on other product...

Indian fintech start-up Credgenics secures $50m Series B funding

Debt collection SaaS platform Credgenics secures $50 million in Series B funding led by Westbridge Capital, expanding its innovative debt resolution solutions across markets. Facts...
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