HSBC introduces venture debt in Australia to support scale-up companies in technology and new economy sectors.
$150 million was allocated for lending, targeting...
Expansion Plan: PhonePe plans to enter the consumer lending space by January 2024.
Integration Progress: The fintech is in the "final stages" of integrating with...
GenAI Adoption in UK Financial Services:
70% of UK Finance members are currently piloting generative AI (GenAI) use cases.
Primarily focused on co-pilot...
Investment Announcement: BNY Mellon and Lunate invest $300 million in Alpheya, a new wealthtech start-up.
Location and Focus: Alpheya, based in Abu Dhabi...
Real Estate Struggles:
Geopolitical tensions, lacklustre growth, and inflation impact European financial markets.
Residential and commercial real estate markets in the euro area...