Investments
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 restructuring.The decision reflects a shift towards digital banking.Customers are increasingly using...
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...
FinTech
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...
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...

