AI
Cardea acquires select assets from NSCG, rebrands as Fourcore Capital
Rebranding and Acquisition: Cardea Corporate Holdings, an Atlanta-based wealth management firm, has rebranded as Fourcore Capital following the acquisition of select technology and...
AI
Klarna to resurrect BNPL fintech Laybuy in New Zealand following acquisition of assets
Klarna's Acquisition: Swedish payments company Klarna has acquired the assets of the BNPL fintech Laybuy in New Zealand.
Laybuy's Previous Struggles: Laybuy ceased...
AI
Mastercard set to lay off around 3% of global workforce
Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees.
The layoffs are a result of organizational changes announced...
AI
US fintech Amount lands $30m in fresh funding to advance AI capabilities
Funding Round: Amount, a digital origination and decisioning SaaS platform, raised $30 million in its latest equity funding round.
Investors: The round included...
AI
CaixaBank doubles down on generative AI with launch of GalaxIA project
Second Phase of GenAI Initiative: CaixaBank is launching the second phase of its generative AI project, named GalaxIA, to further integrate AI across...
AI
Stellex Capital acquires Fincentric from S&P Global
Acquisition Details: Stellex Capital Management, a US private equity firm with over $2.8 billion in assets, has acquired Fincentric (formerly Markit On Demand)...
AI
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for strategic acquisitions and tech infrastructure...
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