Investments
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
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...

