Tag: banking
ICYMI fintech funding round-up: PhiCommerce, Yabi, Enfuce and more
PhiCommerce Funding Round:Indian payment solutions provider PhiCommerce secures $10 million in a Series A1 funding round.
Led by Singapore-based VC firm BeeNext...
Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs
Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal.
The...
Jack Henry’s president of bank solutions, Stacey Zengel, to retire in 2024
Stacey Zengel, president of bank solutions at US banking tech provider Jack Henry & Associates, will retire on June 30, 2024.
Zengel has...
HSBC launches $150m venture debt product for high-growth scale-ups in Australia
HSBC introduces venture debt in Australia to support scale-up companies in technology and new economy sectors.
$150 million was allocated for lending, targeting...
India’s PhonePe reportedly planning to launch consumer lending in January 2024
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...
Funding Circle and Atom Bank to provide an additional £150m in financing to UK SMEs
UK challenger Atom Bank partners with Funding Circle for lending.
Up to £150 million to be deployed for small businesses.
The third partnership...