AI
FinTech Funding News: HUB2, Schuman Financial, Sandbox Wealth, and More Secure Key Investments
HUB2 Raises €8 Million: African fintech start-up HUB2 secured €8 million in Series A funding, led by TLcom Capital, to streamline payments for...
Banking
Mesa Launches Homeowners Credit Card with Mortgage Rewards
Mesa, a U.S.-based homeowner membership platform, has introduced the Mesa Homeowners Card, a premium credit card that rewards mortgage payments and home-related purchases.
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Banking
Conotoxia Plans Transition to Joint-Stock Company and Pursues EU Banking License
Polish fintech Conotoxia is preparing to convert its online currency exchange business, Cinkciarz.pl, into a joint-stock company (JSC) and apply for a European...
Banking
NatWest Launches Approval2Buy: Virtual Card Solution for B2B Payments with Mastercard
NatWest has introduced Approval2Buy, a B2B virtual card solution developed with Mastercard’s technology.
This allows businesses to issue virtual cards instantly, offering custom...
Banking
American Express to acquire UBS’s 50% stake in Swisscard, becoming sole owner
Acquisition Details: American Express (Amex) will buy UBS’s 50% stake in Swisscard AECS, making Amex the sole owner. The transaction’s value is undisclosed...
Banking
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90 million in total penalties and...
Banking
Arab Financial Services lands $50m investment
Funding: AFS secured a $50 million capital injection, aiming to support expansion and scaling efforts.
Headquarters and Presence: Headquartered in Bahrain, with additional...
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