Banking
Moneybox’s valuation climbs to £550m with new £70m investment
Moneybox Funding: UK-based Moneybox secures £70 million, raising its valuation to £550 million, an 84% increase from 2022.
New Investors: New investors Apis...
Banking
TransUnion appoints HSBC’s Madhusudan Kejriwal as new CEO for UK and Europe
New CEO Appointment: Madhusudan Kejriwal will become TransUnion’s CEO for the UK and Europe starting January 2, 2025.
Outgoing Interim CEO: Mark Horsey,...
Banking
Moneybox’s valuation climbs to £550m with new £70m investment
Funding Secured: Moneybox raised around £70 million, boosting its valuation to £550 million, an 84% increase since 2022.
New Investors: London-based Apis Partners...
Banking
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of its short-term, interest-free product receivables...
Banking
Morocco’s CIH Bank taps Backbase for Engagement Banking platform
CIH Bank, based in Morocco, has partnered with Dutch digital banking provider Backbase to support its digital transformation.
The bank is deploying Backbase's...
Banking
Barclays signs agreement to become exclusive issuer of GM credit card programme
Barclays US Consumer Bank has signed a long-term deal with General Motors (GM) to become the exclusive issuer of the GM Rewards Mastercard...
AI
FinVolution expands into Pakistan with Daira launch
FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan.
Daira offers low-interest, flexible loans with funds transferred to...
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