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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Novo secures $125m credit facility to provide working capital to small businesses through Novo Funding

Miami-based financial platform Novo is launching Novo Funding, aiming to provide up to $75,000 of working capital to small businesses, offering various benefits and...

Allfunds acquires local paying agent business of Iccrea Banca

Allfunds Group, a London-based B2B wealthtech platform, is set to acquire the local paying agent business of Iccrea Banca through an agreement with Italy's...

Mercury Financial secures $200m debt facility to expand credit card business

US fintech Mercury Financial has secured a $200 million debt facility from Neuberger Berman to expand its credit card business and serve the middle...

Trustmi aims to stamp out B2B payment fraud with global launch

Cybersecurity fintech start-up Trustmi launches globally with a comprehensive payment security solution aimed at combating B2B payment fraud and leveraging crowd-sourced data to protect...

US fintech start-up Croissant launches with $24m funding

New US-based fintech start-up Croissant has launched with $24 million in seed funding to offer a platform that integrates with merchants' shopping experiences, providing...

South Korea’s Finda bags $37m Series C funding

South Korean fintech Finda, a loan comparison platform, raised $37 million in Series C funding from JB Financial Group and 500 Global, with JB...

Robinhood reignites plans for UK expansion with chief exec hire

US stock trading app Robinhood revives its delayed UK launch by appointing Jordan Sinclair as the UK chief executive. FactsJordan Sinclair is appointed as...

ICYMI fintech funding round-up: Giraffe, eflow Global, Galaxy Ventures & more

FinTech Futures presents its weekly fintech funding round-up, featuring recent funding announcements in the industry. FactsGiraffe, an impact investing platform for employees, secures $10.5...

BlackRock and Jio Financial Services to launch joint asset management venture in India

US asset management firm BlackRock and Jio Financial Services (JFS) are forming a 50:50 joint venture, Jio BlackRock, with an initial investment of $150...
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