Banking
Svatantra to acquire Navi Group’s microfinance subsidiary for $178.6m
Indian microfinance company Svatantra Microfin is set to acquire Chaitanya, a subsidiary of Navi Group, for $178.6 million, becoming the second largest microfinance entity...
AI
Naga integrates Rezolve AI into its social trading platform
German fintech Naga partners with London-based Rezolve to incorporate the AI platform Brain into its social trading app, enhancing user experience and providing real-time...
Banking
Seacoast Bank strikes deal with NCR for ATM-as-a-Service solution
Florida-headquartered Seacoast Bank has partnered with NCR Corporation to use their ATM-as-a-Service (ATMaaS) solution, allowing the bank to outsource ATM management, reduce capital expenditure,...
Banking
The FCA’s Consumer Duty clamps down on unfair savings rates
The Financial Conduct Authority (FCA) is taking action against banks and building societies for offering disproportionate interest rate rises to savers. The FCA's 14-point...
AI
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...
AI
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...
Banking
PSR delivers update on progress of New Payments Architecture
The UK's Payment Systems Regulator (PSR) has outlined its plans for the New Payments Architecture (NPA) program, aiming to enhance interbank payments and consolidate...
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